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I. What Companies or Corporations would you like to choose to run your own business? Explain your choice, using the following phrases if it is necessary:

I look forward to choosing …

I am interested in running …

I am not against of joining …

  • Because I’m tired of submitting (зд. подчиняться) to the chief.

  • The great business attracts my attention.

  • I prefer to make up my mind and run my own business.

  • It will take an opportunity to take part in the Directors’ annual meeting

II. Read out the following international words:

Company (n), general (adj), limit (n, v), limitation (n), limited (adj), unlimited (adj), liquidate (v), liquidation (n), act (v), activity (n), active (adj), actively (adv), manage (v), manager (n), management (n), association (n), partner (n), physical (adj), registration (n), capital (n, adj), person (n), personal (adj), finance (n, v), financial (adj), procedure (n), document (n), recommend (v), invest (v), investor (n), investment (n).

III. A) Look the meaning and pronunciation of these words in the dictionary:

nouns

verbs

adjectives

sole proprietor/ sole trader

take part = participate = share in

personal

owner

set up = to incorporate

legal

founder

start = form = found

sole

Partner/ co-owner/ co-founder

contribute

constituent

assets

decide = make a decision

limited

share /Br./ = stock /Am./

establish

unlimited

shareholder = stockholder

require

mutual

stock exchange

acquire

sole proprietorship

appoint

partnership

represent

court

expand

liability = responsibility

borrow (from smb.)

property

lend (to smd.)

bankruptcy

receive = obtain

advantage  disadvantage

agree  disagree

Board (the Board of Directors)

raise = increase

debt

fall = go down  go up

b) Match the verbs with all appropriate nouns:

to borrow

partnership

to participate in

management

to set up

capital

to expand

decisions

to form

funds

to take part in

business

to expand

company

to make

activity

to raise

bankrupt

to have

assets

to go

profits

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