Russia is Taking the Global Step
1. When Russian companies step into a global marketplace, they find many of the same challenges and issues that international players coming to Russia find. The laws and customs and systems are different. The Russian companies looking to move into markets in Asia and Europe, and in emerging markets, will need to understand a different business culture and legal framework, and ensure they have good advice on how best to work in that marketplace. 2. The attractions of Southeast Asia are the rapidly growing economies of the region. The traditional leading regional economies of Singapore, Malaysia and Thailand, Indonesia, which are setting ambitious infrastructure investment as the cornerstone of its economic growth plans, and Myanmar, which is coming in from decades of economic isolation, are getting increasing attention. The experience of companies moving into the Southeast Asian market has demonstrated a very good understanding of the market. It is known that one of the most important first steps is to get good local advice. Not only legal advice, but general advice to assist in taking political and legal risks. 3. Russian companies moving into Asian markets are often attracted to China primarily for its growth and size. But increasingly they are finding that investment opportunities in Southeast Asia are too good to be ignored and making the move. The future of Russian business will depend not only on Russia attracting international players to its markets, but also on Russian companies making greater inroads internationally. Only a decade ago it was only Russian energy giants, or resources producers, that had moved into the global marketplace. But more and more, they are being joined by infrastructure and construction companies, machinery and equipment manufacturers and Russian mobile telecommunications operators. More Russian corporate players can be expected to follow.
B. Mark the sentences a) T (True) B) F (False) C) NG (Not Given)
1. Only a decade ago it was only Russian energy giants, or resources producers, that had moved into the global marketplace. 2. Many businesses and clients do not try to replicate their business models from home in Asian markets. 3. Russian companies moving into Asian markets are often attracted to China primarily for its business culture and laws.
Variant №4 I. Match the words with the definitions 1. account a) an amount of money that a person borrows from a bank 2. loan b) a rise in the number, amount, or degree of something 3. cash c) the work done by banks and other financial institutions 4. delivery d) someone who pays money for something 5. accommodation e) an arrangement in which a bank looks after your money 6. increase f) the process of bringing goods to a place 7. payer g) money in the form of notes and coins 8. banking h) a place for someone to stay, to live
II. Complete each sentence with a word from the box
1. When did the two countries sign this …….? 2.......is how much of the product or service the company produces. 3. In the last few months,........ has become much tougher. 4. If you want to borrow money to buy a house, you should ask the bank for a…… 5. And you get a special ……. if the company’s sales go up by more than 15% in the year. 6. Sometimes we have difficult ……., but we usually sign a new contract in the end! 7. They have high…….compared to their competitors, but the equipment is very high quality. 8. Our main…… are hospitals, mostly in Europe and North America, but we have also entered the market in Asia. III. These are confused pairs of words. Choose the correct alternative for each sentence ECONOMY / ECONOMICS a) The government has promised to boost the flagging …… b) Dillon studied …… at Manchester University.
1. JOB / WORK a) I am busy at the moment – I have a lot of …… b) My brother has found a good ……as a sales manager.
2. INTEREST / PERCENTAGE a) We can show you how you can earn a higher rate of…… b) Calculate what …..of your income you spend on food.
3. EMIGRANT / IMMIGRANT a) An……is someone who leaves his country of origin to settle in another. b) It is not easy being an illegal…..
IV. a) КОПР № 1 B) Complete each sentence with a verb in the correct form, - ing or to... 1. After hours of negotiating, we managed........an agreement. a) to reach b) reaching
2. There is no need..........a chief marketing officer. a) to hire b) hiring
3. We determined.......... the project by the end of the next year. a) finishing b) to finish
4. He is interested in........his own business. a) starting b) to start
5. They must increase the salary.........the right applicants. a) attracting b) to attract
6. We suggest.........the manufacturer directly. a) contacting b) to contact
V. a) КОПР №5 B) Choose the correct option a-c to complete the sentences 1. We........ to an agreement on the terms of payment before you arrived. a) have come b) had come c) came
2. The company representatives.......... a contract for 2 hours. a) have been negotiated b) have been negotiating c) have negotiated
3. Since the 1980s they........extremely successful. a) have been b) were c) had been
4. I..........the approval of three committee members before Bob signed off on the project. a) got b) had gotten c) have gotten
5. We......... any final decisions yet. a) didn't make b) haven't made c) have made
6. My boss was in a very good mood today because he........a better price for some components. a) negotiated b) had negotiated c) has negotiated
7. We.........this product since the beginning of the year. a) were producing b) produced c) have been producing
8. He.........five letters to the manager by the time he finally received an answer. a) has written b) wrote c) had written
VI. a) КОПР №6
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