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Writing

6. Using the information from the text above, complete these sentences.

1. Cash flow refers to … .

2. The total cash flow is equal to … .

3. The net cash flow is the sum of … .

4. Operational cash flows are … .

5. Investment cash flows are … .

6. Financing cash flows are … .

7. Give the answers to the questions below.

1. What does cash flow refer to?

2. How is cash flow usually measured?

3. What is the total cash flow of a company equal to?

4. In what areas are cash flows classified?

5. What is the difference between investment and financing cash flows?

8. Complete the following sentences using the contents of the text.

1. If the cash balance increases … .

2. If the cash balance decreases … .

3. The total cash flow is the sum of … .

4. Operational cash flows include … .

5. Capital expenditure … .

9. Write a summary of the text.

Speaking

10. Give the answers to the questions below.

1. What happens to the cash during the company’s internal business activities?

2. What includes cash earnings and changes to working capital?

3. Where do investment cash flows come from?

4. What kinds of financing cash flows do you know?

11. Work with your partner and compose a dialogue. Use the following flow chart to make a talk.

12. Work in groups of three of four. Compose a conversation about cash flows.

The following fable will help you:

You are a group of Russian economic students talking to an English business graduate who now is writing a paper on new areas of cash flows. Give answers to his questions about cash flows.

13. Work in groups of three or four.

Make four or five questions to the text and then ask them to another group of students.

14. Make groups of three or four and prepare a multimedia presentation on the topic “Cash Flows in Business”.

UNIT 24. QUALITY MANAGEMENT

Vocabulary

1. Read and translate the words and word expressions below:

1

Quality assurance – обеспечение качества

8

Ongoing – текущий, проходящий сейчас

2

Consistent quality – стабильное качество

9

Munitions – снаряжение, воору­же­ние, боеприпасы

3

Proponent – поборник, сторонник, инициатор

10

High level abstraction – высокий уровень абстракции

4

Musket – мушкет

11

Insight – проницательность, пони­мание

5

Assembly line – сборочная линия

12

Onward – продвигающийся (впе­ред)

6

Inventor – изобретатель

13

To adopt – усваивать, принимать, перенимать

7

Predominant – преобладающий, доминирующий

14

To deride – высмеивать, осмеивать