Ex.2. Put up four questions of different types (general, special,
Стр 1 из 14Следующая ⇒ ENGLISH FOR BUSINESS
Методические указания и учебные задания для студентов экономических специальностей
Составитель О. В. Злобина Рецензенты: И. И. Громовая, Д. С. Исаева
Методические указания и учебные задания составлены на основе аутентичных материалов профессиональных английских и американских изданий и предназначены для студентов экономических специальностей. Цель пособия – научить читать, понимать и переводить оригинальную литературу, а также обсуждать некоторые основные темы и проблемы в смоделированных ситуациях профессионального общения. Подготовлены кафедрой иностранных языков и рекомендованы к из- данию редакционно-издательским отделом Санкт-Петербургского государст- венного университета аэрокосмического приборостроения.
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LESSON 1 TYPES OF PROPRIETORSHIP Text A business may be privately owned in three different forms. These forms are the sole proprietorship, the partnership and the corporation. The sole proprietorship is the most common in many western countries. For example, more than 80 per cent of all businesses in the United States are sole proprietorships. But it is evident that sole proprietorships do not do the greatest volume of business. They account for only 16 percent of all business receipts, for example, in America. What kind of business is likely to be a sole proprietorship? First of all, service industries such as Laundromats, beauty shops, different repair shops, restaurants. Active Vocabulary business to own sole proprietorship partnership corporation volume receipt service industry to account for Laundromat repair shop дело владеть индивидуальная предпринимательская деятельность,
частное предприятие партнерство корпорация объем, количество денежные поступления сфера обслуживания составлять, насчитывать автоматическая прачечная самообслуживания мастерская
Comprehension Questions 1. What are three different ways that a business can be privately owned? 2. What forms do most European countries have? 3. Name some businesses that are likely to be sole proprietorships. Why do you think so? 4. Name some businesses that are not likely to be sole proprietorship? Why do you think so? Vocabulary Practice Ex.1. Choose the necessary word and put it in the sentence: 1. Small... are very often service industries. 2. The... industries don't produce material goods. 3. More than 80 per cent of all business … are not from sole proprietorships. 4. Less than 20 per cent of European businesses are partnerships or.... 5. Sole proprietorships... only a small part of all business receipts. 6. Is this bank owned publicly or...? 7. There are three... of business ownership.
Dialogue Jim: Hi, Alice. How are you getting on? Alice: Fine, as usual, thanks, Jim. What about you? Jim: I'm O.K. It's nice to see you. a) receipts b) businesses c) service d) privately e) account for f) corporations g) forms Alice: You too. I'm glad you are not in a hurry and we have time to talk today. Jim: Sure. Alice: Can you give me a piece of advice? Jim: Well, I'll try if I can. Alice: You know I've been always good at cooking. It interests me. I am thinking of starting my own business - cafe. Jim: It might be a good idea. Alice: I guess I must learn about the responsibilities of going into business. Jim: Are you going into this business by yourself? Alice: Exactly. I'd like to have a cafe with my name on it where I make the decisions and where I control the profits. Jim: You seem to be resolute so I'll try to help you. If you go into business alone, it is called sole proprietorship. In such case you needn't consult a lawyer to form the business. You can start or you can stop your business whenever you like. Alice: It sounds encouraging. What else can you tell me? Jim: There is no need to consult partners or a Board of directors. So you can put your policies into effect quickly. You decide on your vacation, hours, salary, hiring and firing. Alice: Well, that's not bad. Jim: Wait a moment. I believe I have to tell you about the risk involved. Alice: What do you mean? Jim: First of all, the most important risk is that you have unlimited liability. It means that you are responsible for all your business debts. Alice: So if the business fails, I have to declare personal bankruptcy, don't I? Jim: That's what I mean. You can lose your personal assets. Alice: Well, it's rather disappointing. What other things should I know? Jim: You won't get tax benefits which partnerships or corporations can get. Alice: I know about it. By the way do you know of a good accountant to do my taxes? Jim: Of course. You'll also have to hire a good book-keeper if you can't do
your books yourself. Alice: I can't say anything definite about that. I have to think it over. What else, Jim? Jim: Well, I am a bit hungry, why don't we have a snack together and discuss the things in the cafe. Alice: You are right as usual. Let's go.
Active Vocabulary piece of advice to start one’s own business responsibility to make decisions to control the profits sole proprietorship a lawyer it sounds encouraging
to consult partners a Board of directors to put policies into effect to hire to fire to decide on vacation, hours, salary, hiring and firing совет начать свое дело
ответственность принимать решения контролировать прибыль индивидуальное предпринимательство юрист зд. это вдохновляет (звучит вдохновляюще) консультироваться с партнерами совет директоров достичь хороших результатов
нанимать увольнять решать вопросы, связанные с отпуском, продолжительностью рабочего дня, зарплатой, наймом, увольнением
to have unlimited liability to be responsible for all business debts to fail to declare personal bankruptcy personal assets tax benefits accountant, syn. book- keeper to do books нести неограниченную юридическую ответственность нести ответственность за производственные долги терпеть неудачу объявить личное банкротство
личная собственность льготы по налогообложению бухгалтер, счетовод
вести бухгалтерский учет
Vocabulary Exercises Ex.1. Transform the sentences according to the model: Model: open a cafe - I am thinking of opening a cafe. 1. start a car-repair shop 2. hire a book keeper 3. fire an employee 4. consult a Board of directors 5. sell my business 6. do my books myself 7. consult a lawyer 8. find a specialist Ex.2. Transform the sentences according to the model: Model: A book keeper will do the books. I am going to have a book keeper do the books. 1. A partner will finance the business. 2. A salesperson will sell the clothes. 3. A decorator will design the interior. 4. A lawyer will do this work. 5. A secretary will mail the letters. 6. A colleague will give me a piece of advice. 7. A book keeper will prepare the tax report. Ex.3. Answer the questions: 1. Are you thinking of starting your own business? 2. What business do you want to start? 3. How do we call the business if you go into it alone? 4. Who is going to make the decisions and control the profits in your business? 5. Do you need a lawyer if you want to start a sole proprietorship? 6. Why don't you have to consult the partners in a sole proprietorship? 7. How many employees are you going to hire for your business? In what cases will you fire them? 8. What does it mean to have unlimited liability? Are you ready for it? 9. What will you do if your business fails? 10. What will you do to put policies into effect quickly? 11. What businesses have tax benefits in this country? 12. Can you do your books yourself? 13. Are you going to hire a book-keeper? Ex.4. Translate into English: 1. Мне нужен совет. 2. Я сам контролирую прибыль своего предприятия. З. Если вы хотите заняться частным предпринимательством,
обратитесь к юристу. 4. Директор решает вопросы, связанные с наймом и увольнением. 5. Я боюсь нести полную юридическую ответственность. 6. Я не отвечаю за производственные долги. 7. Малые предприятия имеют льготы по налогообложению. 8. Хороший бухгалтер сможет вести дела лучше, чем вы. 9. Мне нужно нанять бухгалтера. 10. Мне нужно проконсультироваться с юристом. Ex.5. Make up the dialogue: You are going to start your own business. Ask a lawyer or an experienced person how to do it.
Grammar Exercises Ex.1. Make the sentences negative: 1. I want to start my own business.
2. You need a lawyer in this case. 3. Sole proprietorship brings much profit. 4. Sole proprietorship gets tax benefits from the government. Ex.2. Put up four questions of different types (general, special, disjunctive, alternative) to each sentence: Model: The partners are responsible for business debts. a) Are the partners responsible for business debts? b) Why are the partners responsible for business debts? c) The partners are responsible for the business debts, aren't they? d) Are the partners responsible for the business debts or fulfillment of the arrangement? 1. I want to go into business with my friend. 2. You can lose personal assets. 3. It is difficult to get tax benefits from the state. 4. I do my books myself. 5. We both have unlimited liability. 6. The Board of directors decides on vacation, salary, hiring and firing. 7. The partners want to consult a Board of directors.
LESSON 2 PARTNERSHIPS Text A partnership is an association of two or more persons to carry on a business for profit. When the owners of the partnership have unlimited liability they are called general partners. If partners have limited liability they are limited partners. There may be a silent partner as well - a person who is known to the public as a member of the firm but without authority in management. The reverse of the silent partner is a secret partner - a person who takes part in management but who is not known to the public. Any business may have the form of the partnership, for example, in such professional fields as medicine, law, accounting, insurance and stockbrokerage. Limited partnerships are a common form of ownership in real estate, oil prospecting, quarrying industries, etc.
Partnerships have more advantages than sole proprietorships if one needs big capital or diversified management. Like sole proprietorship they are easy to form and often get tax benefits from the government. Partnerships have certain disadvantages too. One is unlimited liability. It means that each partner is responsible for all debts and is legally responsible for the whole business. Another disadvantage is that partners may disagree with each other.
Active Vocabulary partnership association to carry on a business profit general partner
limited partner
silent partner secret partner
law insurance stockbrokerage real estate oil prospecting quarrying industries advantage
disadvantage to be legally responsible товарищество, партнерство объединение вести дело прибыль общий партнер (несущий полную юридическую ответственность за дело) партнер с ограниченной юридической ответственностью партнер без права голоса секретный, негласный партнер (с правом голоса, но неизвестный общественности как партнер) з д. юриспруденция страхование биржевое маклерство недвижимость добыча нефти добывающие отрасли преимущество недостаток быть юридически ответственным
Comprehension Questions 1. What is the difference between a general partnership and a limited partnership? 2. Is there any difference between a silent partner and a secret partner? What is this difference? 3. In what professional fields are the partnerships found? 4. In what businesses is the partnership a common form? 5. What are the advantages of a partnership? Discuss the disadvantages of a partnership. 6. Would you prefer partnership or sole proprietorship for business? Give your reasons.
Vocabulary Practice
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