2. Выполните задания.

1. Answer the Questions

1. What are the most common forms of business?

2. What is the simplest way of starting a business?

3. Who provides the capital for a sole proprietor?

4. Who is responsible for the sole proprietor’s debts?

5. Who provides the capital for a partnership?

6. Who is responsible for the partnership’s debts?

7. What two types of limited companies can you name?

8. What is the difference between them?

9. Where are shares sold and bought?

10. What groups of people are most companies made up of?

11. Who is responsible for policy decisions and strategy of the company?

12. Who heads the Board of Directors?

13. Who appoints the Chief Executive Officer?

14. What are the Chief Executive Officer’s responsibilities?

15. What departments do companies generally have?

2 Read the statements and say whether they are true (t) or false (f). Correct the false ones.

1. The sole proprietor gets his capital from the shareholders.

2. The sole proprietor is not responsible for the debts of his company.

3. A partnership can only consist of two people.

4. All partners share profits and losses.

5. In a private limited company shares are sold freely.

6. The Board of Directors is responsible for the everyday running of the business.

7. Senior managers are responsible for policy decisions and strategy in the company.

6. There may be several senior managers in the company.

3. Match the words and expressions with their definitions

public relations	управляющий директор
liability	рабочая сила
chief executive officer	биржа
a loss	убытки
an asset	связи с общественностью
workforce	индивидуальный предприниматель
a stock exchange	назначить
a sole proprietor	акция
to appoint	имущество
a share	обязательство

5. Give the English equivalents 1.

1. личное имущество

2. индивидуальный предприниматель

3. активы

4. нести убытки

5. акционеры

6. совет директоров

7. полная ответственность

8. фондовая биржа

9. назначать

10. управлять компанией

11. связи с общественностью

12. отдел кадров

13. рабочая сила

14. информационные технологии

Text 4

1. Прочтите и письменно переведите текст. Recruitment

When a company needs to recruit or employ new people, it may decide to advertise the job or position in a newspaper. People who are interested can then apply for the job by sending in a letter of application and a curriculum vitae or CV (US resume) containing details of their education and experience. A company may also ask candidates to complete a standard application form. The company’s Human Resources Department will then select the most suitable applications and prepare a short list of candidates, who are invited to attend an interview. Another way for a company to hire is by using the services of a recruitment agency (US search firm) who will provide them with a list of suitable candidates.

Headhunters or executive search firms specialize in finding the right person for the right job. The advantages for the employer are that it does not have to organize the costly and time-consuming process of advertising, selecting and interviewing suitable candidates. In some cases, the search firm may already have a list of people with appropriate skills for the job. In other cases it may help evaluate the candidates’ skills in order to select the most suitable person for the job.

Nowadays there are also a lot of online job-search sites which reach more people and offer higher efficiency than traditional ways of recruiting staff. The online job market works well for workers and employees who know what they want.