- •I. A) Match the company to its definition. Pay attention to the words in bold:
- •II. Study abbreviations of different types of companies and name them in the box below:
- •III. Read the following texts. Choose either Co. Or Corp. To write a summary according to the plan:
- •Text 1. Co. & Corp. (Companies and Corporations)
- •4. Rusia Petroleum open Joint Stock Co.
- •I. What Companies or Corporations would you like to choose to run your own business? Explain your choice, using the following phrases if it is necessary:
- •II. Read out the following international words:
- •III. A) Look the meaning and pronunciation of these words in the dictionary:
- •IV. Read the text and name the types of companies in Bulgaria: Text 2. Types of companies
- •V. Read the text once more and complete the table:
- •VI. What form of business suits the following characteristics?
- •VII. Complete the table:
- •VIII. A) Read the text №3 “The Kovyktinskoye gas-condensate field” below and find the information according to the plan:
- •Text 3. The Kovyktinskoye gas-condensate field
- •IX. Language Notes. What can you say about The Kovyktinskoye gas-condensate field? Use the phrases below:
- •II. Language Notes. Company structure
- •IV. Seventeen people are describing their jobs. Match the people (a-q) with the department they work in. The first one is done for you.
- •V. А) Imagine that you are planning to start you own business. Make a profile of your business according to the plan. Use the key phrases for your description:
III. Read the following texts. Choose either Co. Or Corp. To write a summary according to the plan:
The name of the company
The time of its foundation
The industry
The evolution of the company
Its present position
Text 1. Co. & Corp. (Companies and Corporations)
1. Nissan Motor Co., LTD. Nissan established a small trading company in 1969. It imported cars from Japan and sold them in the UK. The company only grew 0.2% of the market in 1970 but it was fast. By 1974 it had the UK’s leading car importer.
When the UK became a major export market, Nissan decided to build an assembly plant. After a long search it found a suitable site in Tune and Wear. Cars began rolling of the production line in 1986.
At first, the plant had to limit production because of the LAMA import restriction agreement. But by 1988 UK companies achieved the majority of components and Nissan supplied the target of 60% local content. The plant was able to increase production.
In 1991 Nissan was a new distribution company and it launched (to launch – запускать) operations in January 1992 with a network of 150 dealers. By the end of the year there were 267. Nissan set up the Micra (March) in 1993 and it won the European Car of the Year Award. It was the first Japanese-badged car ever to win.
2. International Business Machines Corp. (IBM). Big Blue was incorporated in 1911 under the rather inelegant name Computing-Tabulating-Recording Co. It produced scales, adding machines and other business equipment. CTR became IBM in 1924. In the 1950s, IBM made an entry into electronic computers. It dominated that market till the early 1980s when its position was challenged (to challenge – вызывать) by the rise of personal computers. Since then, under new management, IBM has laid off (to lay off – увольнять) tens of thousands of workers, refocused its products and returned to profitability, though it hasn’t returned its former dominance.
3. Coca-Cola Co. Atlanta pharmacist John Pemberton brewed (to brew – заваривать) Coca-Cola in 1886, advertising it as a tonic for lots of illnesses. In 1891, pharmacist Asa Candler bought the company for $2,000 and promoted (to promote – продвигать) the beverage (напиток) as a soft drink. Coke’s huge business was put into service in 1894 when it started selling the beverage in bottles. In 1919, the company was bought by Atlanta banker Ernest Woodruff for $25 million. His son, Robert W. Woodruff was soon appointed president. During six decades of successful leadership he built the company into a market giant.
4. Rusia Petroleum open Joint Stock Co.
Kovyktinskoye is expected to be proven to be one of the largest natural gas accumulations in the world. The license to explore and develop the Kovyktinskoye gas and condensate field is held be the Irkutsk open Joint Stock Company RUSIA Petroleum.
Major industrial markets and customers (потребители) for Kovyktinskoye gas in the Irkutsk region are likely to include thermal electric power (теплоэлектростанция) municipal boilers for heat generation, and petrochemicals. There are also opportunities to provide gas for use in the construction materials and ceramics industries. During 1999 both the legislative Assembly of the Irkutsk Region and the federal parliament approved resolutions supporting a PSA (Production Sharing Agreement) for Kovyktinskoye.
RUSIA Petroleum is a unique partnership between the Irkutsk region and major Russian and international shareholders. The company is registered, and has its head office, in Irkutsk. Some RUSIA Petroleum shares (акции) are also held directly by international investors. The largest international shareholder (акционер) is BP Amoco plc, one of the word’s largest oil and gas companies. A further international interest is held by the East Asia Gas Co., a company whose headquarters (штаб-квартиры) are in South Korea.
Current plans (существующие планы) anticipate (предусматривает) regional supplies to the Irkutsk region becoming available first and export to China and beyond commencing during the next ten years.
Companies
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