- •Business English 2
- •Unit 1 Finance
- •1(1) Listening. Listen and practice. Mind the new words.
- •2. How much do you know about money? Answer the questions.
- •3. Look at the five lists of numbers and choose a term from the box that describes each one.
- •4. Saying numerals. Look at the written forms of the dates, times, money and dimensions. Can you say them? Listen and repeat the numerals.
- •Cardinal numbers
- •Ordinal numbers
- •Decimals
- •Percentages
- •10.2 Compare the percentages in the table with yours. Tell about your own weekly expenditure.
- •11. Reading. Read the text and explain the words in bold. A Bank
- •Vocabulary
- •12. Give Russian equivalents:
- •13. Choose words from the list to fill in the gaps, then use them to make sentences:
- •14. Answer the questions:
- •Unit 2 Making money
- •1. Look the words in the box in the dictionary. Complete the text below with them.
- •Me and my money
- •2. Read the text again. Are these statements true or false.
- •3. Reading. Read the article and choose the correct answer to the questions below. Mind the new words.
- •Prince Alwaleed bin Talal
- •3. (1) Choose the correct answer.
- •3. (2) Match the numbers. Find them in the text. What do they refer to?
- •4 (7) Listening.
- •4.1 Look at the headlines from financial press. Listen to the financial news stories and match them with the headlines.
- •BItalian investor takes 30% stake in hotel group .
- •DStaff receive day’s income .
- •4.2 Listen again and answer the following questions.
- •5. Make your own sentences finding ways of completing the given ones.
- •6. A good way to remember vocabulary is by collocations, words which often appear together. Find words, which can go with these key words, as in the examples.
- •7. Reading. Read the text and explain the words in bold. A Bank Run
- •Vocabulary
- •Unit 3 Bank account
- •1. Discuss the questions.
- •2. Look at the brochure and answer the questions.
- •Student Account
- •3. Answer the questions.
- •4 (8). Listening. Chris is a student who wants to apply for a credit card. After the first listening to his conversation with a bank employee, complete the notes.
- •4.1 Listen again, fill in the gaps, make up a similar dialogue.
- •5. Reading. Read the text and explain the words in bold. A Deposit Account
- •Vocabulary
- •6. Give Russian equivalents:
- •7. Choose words from the list to fill in the gaps, then use them to make sentences:
- •8. Answer the questions:
- •Inflation
- •1. Discuss the questions.
- •2. Match two halves of the sentences.
- •3 (9). Listening. Listen and complete the chart with the correct prices for February and March. Mind some new words.
- •3.1 Now calculate the rate of inflation on each item as a percentage. Then make predictions about the cost of each item in the chart for the month of April.
- •3. Reading. Read the text and explain the words in bold.
- •Inflation
- •Vocabulary
- •Unit 5 Competition
- •1 (10). Listening. Listen and practice. Mind the new words.
- •2. Discuss the following. Who are the main competitors in the market in the following sectors?
- •3. Speaking. The global market is very competitive. What can companies do to persuade customers to buy their product instead of another similar one? You can use the following prompts.
- •4. Reading. Before you read the article make predictions. Match the sentence openings 1-4, with the endings a-d. Then scan the text and see if you are correct.
- •Coca-Cola vs. Pepsi
- •4.1 Read the article again and answer the questions.
- •5(11). Listening. Listen to Keith Jackson talking about competition in a global market. Note the definitions of three strategies for becoming a market leader.
- •Vocabulary
- •Unit 6 Applying for the job
- •1. Translate the following words using the dictionary if necessary. Then fill in the gaps in the text below.
- •2. Speaking. What information is it necessary to include in a resume?
- •3. Read the following statements about preparing a resume. Do you agree or disagree with them? Discuss your opinions in the group.
- •4. Read the steps for preparing a resume and number them in the best order. The first one has been done for you.
- •5 (14). Listening. Listen to a Human Resources (hr) manager talking about what to include in a resume. What should and shouldn’t be included into it.
- •5.1 Listen again, fill in the gaps and practice.
- •5.2 Speaking. Summarize the advice offered in the text. You can also add your recommendations.
- •6. Reading. Read the extract from the advertisement for a job at a large banking organization. Then read through the two resumes (cVs) and decide which applicant is better suited to the job.
- •7 (15).Listening. Listen to two people from the Human Research Department discussing the two applicants. Mark the positive points for each applicant.
- •8. Writing. Now, using the ideas and advices contained in this lesson, write your own resume.
- •7. Reading. Read the text and explain the words in bold. A Credit Card
- •Vocabulary
- •Audio Scripts
- •Contents
4.1 Read the article again and answer the questions.
1. The article contains a lot of dates and figures. What do these dates refer to?
1897, 1959, 1972, 1989
2. What do these figures refer to?
3:1, 41%-32%, 60, 28%-33%, 80%, $2.5 billion, $112 million, 720, $750 million, 13:1.
3. Is Pepsi or Coca-Cola more dominant in your home market? Can you think of reasons why?
4. What tactics do they use to increase sales?
5. What other very competitive markets are there in Russia? (e.g. fast food, chocolates and sweets, footwear) Who are the main competitors?
5(11). Listening. Listen to Keith Jackson talking about competition in a global market. Note the definitions of three strategies for becoming a market leader.
Mind the new words.
to reduce |
сокращать |
cheaply |
дешево |
differentiation |
дифференциация, различие |
to appear |
появляться |
innovation |
новшество |
supermarket chain |
сеть супермаркетов |
own |
собственный |
to penetrate the market |
проникать на рынок |
wacky |
сумасшедший |
advertising campaign |
рекламная компания |
to face problems |
сталкиваться с проблемами |
to wish |
желать |
retail business |
бизнес розничной торговли |
to mention |
упоминать |
standardized quality |
стандартизированное качество |
to guarantee the quality |
гарантировать качество |
global scale |
глобальный масштаб |
to adapt to local cultures |
подстраиваться под местную культуру |
expectations |
ожидания |
beef |
говядина |
to offend |
обижать |
message |
сообщение, послание |
1. Cost focus____________________________________________.
2. Differentiation ________________________________________.
3. Innovation __________________________________________.
5.1(12). Listening. Keith talks about the strategies of different companies selling soft drinks. Listen and complete the table.
company |
strategy |
how they employed the strategy |
Safeway Tesco Sainsbury |
cost focus |
|
Tango |
differentiation |
|
Virgin Cola |
innovation |
|
5.2 (13). Listening. Keith talks about problems for companies who compete in the global market place. Make notes about McDonald’s under the following headings.
1. Quality ______________________________________________.
2. Local culture and customer expectations____________________.
3. Marketing ___________________________________________.
4. The product __________________________________________.
6. Speaking. Get ready with the monologue about two competitors in any sphere of business you like.
7. Reading. Read the text and explain the words in bold.
Credit
Credit is the provision of resources (such as granting a loan) by one party to another party where that second party does not reimburse the first party immediately, thereby generating a debt. Those resources (or material(s) of equal value) are repaid at a later date. It is a form of deferred payment. The first party is called a creditor, also known as a lender, while the second party is called a debtor, also known as a borrower.
Credit need not necessarily be based on formal monetary systems. The credit concept can be applied in barter economies based on the direct exchange of goods and services,
The word credit is used in commercial trade in the term "trade credit" to refer to the approval for delayed payments for purchased goods. Credit is sometimes not granted to a person who has financial instability or difficulty. Companies frequently offer credit to their customers as part of the terms of a purchase agreement. Organizations that offer credit to their customers frequently employ a credit manager.
Common forms of consumer credit include credit cards, store cards, motor (auto) finance, personal loans (installment loans), retail loans (retail installment loans) and mortgages.
The cost of credit is the additional amount, over and above the amount borrowed, that the borrower has to pay. It includes interest, arrangement fees and any other charges. Some costs are mandatory, required by the lender as an integral part of the credit agreement. Other costs, such as those for credit insurance, may be optional. The borrower chooses whether or not they are included as part of the agreement.
Credit history or credit report is, in many countries, a record of an individual's or company's past borrowing and repaying, including information about late payments and bankruptcy. The term "credit reputation" can either be used synonymous to credit history or to credit score.