ИНОСТРАННЫЙ ЯЗЫК

1. Put the verbs into the correct tense form: Present Simple or Present Continuous.

1. Could I speak to Mrs. Jones? - She (to have) a meeting at the moment, I'm afraid.
2. The company (expand) rapidly in foreign markets with sales of over $US 1.8 bn.
3. A team-building seminar (to start) on Monday and (to end) on Sunday.
4. The famous fast food company, Mc. Donald's (to launch) campaign 55 to help to compete it against rivals.
5. The Personnel Manager (to attend) the international business conference this week.

2. Complete the text with the past simple or present perfect forms of the verbs in brackets.

I'm worried about the sales of the range of fragrances we (launch)(6) two years ago. In the first year, sales (increase) (7) steadily. However, since the beginning of this year, sales (fall) (8) by almost 10%.

The reason for this is clear. Several firms in SE Asia copied our designs and are now flooding the French market with them. This (become)(9) a serious problem.

Last month, I organized a team of investigators. Up to now, they (find)(10) many counterfeit goods, which the police (seize)(ll) and impounded. Yesterday, I (contact)(12) several firms who informed me that they (have) (13) similar problems. They all (lose) (14) sales because of counterfeiting.

3. Read the situation and write questions or statement from the words in brackets.

1. A friend of yours is attending lectures on business. You ask him: (How long/attend lectures)

2. You came to London to take part in an international conference and bumped into an old friend of yours. You say:

(I /not to see/ ages).

3. The Managing director is visiting your Germany subsidiary. The head of the latter inquires:

(When/visit/our French subsidiary/last time).

4. Read the text, then read the sentences following it. Write whether the sentences are true (T) or false (F).

Thousands of different brands of chewing gums are available in the shops today. They have different logos, but the products inside are very similar. Bach company tries to find different ways of selling their product.

Some producers say that chewing gum helps you both concentrate and relax. Recent TV advertisements also tell us that 20 minutes of chewing can prevent tooth decay. Research shows that when people hear this, sales increase.

It's big business now, but chewing gum is not a modern invention. For centuries, the ancient Greeks chewed gum.

Gum is made from chicle (juice) .of the tropical trees. The process of collecting chicle is very difficult. Chicle flows more easily before the sun comes up, so it is usually collected at nights. The chicle collectors go into the hot, humid forests and climb up the trees in the dark When it comes out of the tree, chicle is liquid and therefore difficult to transport. So they heat it on small fires. When it cools down the chicle collectors make it into large sticky blocks. Then they transport these blocks to production centres. The price for a kilo of gum when it leaves the forest is $1.75. When it reaches the shops, consumers pay about 100 times that price It is getting more difficult for the chicle collectors to make a living. There are many alternatives now to chicle and the main part of chewing gum is man-made. As the result, the collectors find it difficult to sell their product to the big companies.

The companies have no difficulty in selling to the consumer, however. Chewing gum is big business. If all the pieces of chewing gum produced every year were laid end to end, they would stretch to the moon and back six times.

True or False?

1. There are a lot of different brands of chewing gum, but the products inside are similar.
2. TV advertisements increase sales.
3. Chewing gum is a modern invention.
4. They collect chicle early in the morning.
5. The price for a kilo of gum when it leaves the forest equals the price in the shops.
6. The main part of chewing gum is now natural.
7. Chewing gum is profitable business.

5. Read, translate the text and answer the questions and do the assignments.

ACCOUNTING

Today, it is impossible to manage a business operation without accurate and timely accounting information. Managers and employees, lenders, suppliers, stockholders, and government agencies all rely on the information contained in two financial statements. These two reports - the balance sheet and income statement - are summaries of a firm's activities

during a specific time period. They represent the results of perhaps tens of thousands of transactions that have occurred during the accounting period.

Accounting is the process of systematically collecting, analyzing and reporting financial information. The basic product that an accounting firm sells is information needed for the clients.

Many people confuse accounting with bookkeeping. Bookkeeping is a necessary part of accounting. Bookkeepers are responsible for recording (or keeping) the financial data that the accounting system processes.

Questions and assignments:

1. What is accounting? Give a short definition.
2. Is it possible to manage a business operation without accurate and timely accounting information?
3. Who needs accounting information? Explain why.
4. What is the basis for accounting process?

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