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Латыгина Базовый курс економики на англ.doc
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Ex.7. Look at the words and phrases in the box. Match them with the correct definition from the list below:

  1. a business or part of a business taken over or bought by another company;

  2. a person who saw something and can tell about it;

  3. the buying of one company or most of the shares in it, by a person or another company;

  4. (in business) combining two companies into one larger company;

  5. an offer to sell something at a certain price;

  6. the amount of money for which something can be bought or sold;

  7. the purchase of a controlling interest in business;

  8. the workers or employees of an organization;

  9. a situation where a person or an organization owns enough shares (usually more than 50%) in a company to say how it should be run.

  10. a person or company that buys a large number of shares in another company before making a takeover bid or obtaining control.

Ex.8. Fill in the missing words which relate to business integration:

  1. When two companies combine to form a larger single company, the new company is the result of a _____.

  2. When a company is incorporated into another firm that has bought the major part of its shares and thereby gained control, we are witnesses to an ______.

  3. _______ is a form of integration which can be accomplished either in a _____ or a hostile manner.

  4. One way of avoiding ______ is the decision by senior executives to attempt a ______ .

Ex.9. Write the appropriate word or phrase in the following spaces. Translate the sentences into Ukrainian.

  1. This deal should be highly … .

  2. We have … of twenty.

  3. Choose carefully before making … .

  4. We can’t afford to buy the computer at that … .

  5. Our company made … to sell coffee beans at $ 10 per pound.

  6. The family will never sell more than 49 per cent of the shares; they don’t want any possibility of … .

  7. The software company’s … of Acme Company will help it compete in the hardware market.

  8. The directors of both companies met to discuss the terms of … .

  9. The two insurance companies have agreed … .

  10. We … the project because it was too expensive.

  11. … determines what goods are made.

The market, to merge, the merger, acquisition, a takeover, a bid, price, a purchase, a staff, profitable, abandoned.

Ex.10. Fill in the missing prepositions and adverbs:

  1. Rumours … a takeover led … a sharp rise in the company’s share price.

  2. The company has launched a bid … a hostile takeover … its main rival in the sector.

  3. … a result … the friendly takeover … Eastern Foods Ltd., we can witness a substantial increase … earnings.

  4. His company makes a bid … Telecom Spain.

  5. Santrix Corporation was taken … … Chesterton Corporation two years ago.

  6. Making an acquisition … the computer industry will greatly improve the company’s position … the market.

  7. Many American banks have merged … the last 5 years.

  8. Talks … a merger … Daimler and Chrysler caused speculation … job security.

  9. The staff signed a birthday card … me.

  10. Two banks underwent a merger and combined … one huge operation.

(of (5), to, for (3), as, in (4), by, over, into, between, about)

Ex.11. These words are often confused: to learn – to find out

to learn

to gain knowledge; to gain new information about a situation, event or a person

to find out

to discover a fact or piece of information (something that was previously unknown)