Ex.6. Match the words to their meanings.

1 profit a) of the greatest importance

2 achieve b) to be unsuccessful

3 income c) full trust, belief in one’s own or another’s ability

4 curious d) to join with others in giving (money, help, etc.)

5 fail e) to finish successfully, to gain an aim as a result of action

6 confidence f) payment for one’s work or interest from investment

7 foresee g) to cause (an activity, plan) to begin

8 crucial h) money gained by business

9 launch i) to form an idea about what is going to happen in the future

10 contribute j) eager to know or learn

Ex.7. Translate the sentences using the vocabulary of Exercise 5.

1. Иногда сложно заставить себя встать рано утром и пойти на занятия. Но если вы хотите достигнуть успеха в учебе, вы должны собраться с силами, потому что самодисциплина – это ключ к успеху. 2. Совет директоров компании решил, что для получения прибыли необходимо минимизировать риски. 3. Во время кризиса многие компании терпели спад, но усилиякоманд менеджеров помогли им выжить. 4. Если вы обладаете способностью заводить знакомства и связи, вам будет легче начать свой бизнес. 5. Для того, чтобы заработать на жизнь, приходится много трудиться. 6. Чтобы управлять бизнесом, нужно иметь ясное представление о том, чего ты хочешь добиться, и ориентированность на достижение цели. 7.У каждого человека есть слабые стороны, которые нужно преодолеватьусилием воли. 8.Когда компания запустила в производство новый продукт, ее прибыль увеличилась.

Ex.9. Write down the main idea of each paragraph of the text. Discuss them with your group.

Ex.10. Which of the secrets of successful entrepreneurs do you consider to be the most important? Make a list of 5 most important secrets. Compare your list with your partner’s. Discuss your choice with your partner.

Ex.11. Would you like to become an entrepreneur? Why? What are the benefits of being an entrepreneur? What problems can one face with? Share your ideas with the group.

Ex.12. Watch Video 3. Try to write down 10 myths of entrepreneurship shown there. Compare your results with your partner’s. Watch the video another time. Make the list of the myths complete. Expand on the ideas of the video. Discuss them with your group.

Ex.13. Role-play.

A university graduate is going to start a business. His parents are trying to talk him out of it because they know how extremely difficult it is going to be. His friends are sure he is going to succeed. They give their own arguments. Have a talk and decide which way to take. Work in groups of three.

U N I T 2

Company

A company is a type of business. The definition of the term varies by country. In general, a company is same as a corporation. It is a business organization which makes goods in an organized manner and sells them to the public for profit. A company hires many people to be the staff of the company.

Ex.1. Study the vocabulary.

	Accounts Department	department responsible for administering a company's financial affairs
	A.G.M.^UK	abbr. Annual General Meeting of a company's shareholders
	board of directors	group of people chosen to establish policy for and control a company
	chairman^UK	person who heads a Board of Directors; head of a company; chairperson
	director	a member of the board of directors
	executive officer^US	person managing the affairs of a corporation - chief executive officer (CEO)
	headquarters	a company's principal or main office or centre of control
	manager	person responsible for day-to-day running of a dept.; executive officer^US
	managing director^UK	senior director after the chairman responsible for day-to-day direction
	Marketing Dept.	department that puts goods on market, inc. packaging, advertising etc
	organization chart	a table or plan showing a company's structure graphically
	Personnel Dept.	department responsible for recruitment and welfare of staff or employees
	president^US	the highest executive officer of a company; head of a company
	Production Dept.	department responsible for physical creation of product
	Purchasing Dept.	department that takes care of finding and buying everything for a company
	R & D Department	department responsible for Research and Development of (new) products
	reception	the place where visitors and clients report on arrival at a company
	Sales Department	department responsible for finding customers and making sales
	shareholder	person who holds or owns shares in or a part of a company or corporation
	vice president^US	any of several executive officers, each in charge of a separate division

Ex.2. What is the English for:

Отдел, ответственный за что-то(3), акция (доля), акционер, клиент, производство, развитие, исследование, продажа, персонал (2), производство, сотрудники, набор персонала, реклама, председатель, совет директоров, возглавлять, головной офис, финансовые дела, бухгалтерский отдел, отдел закупок (материально-технического обеспечения).

Ex.3. Answer the questions.

1.What do we call a person who holds shares in a company? 2.What department is responsible for making sales? 3. What department is in charge of physical creation of product? 4. What department is responsible for finding and buying everything for the company? 5. What do we call a group of people elected to establish policy for a company? 6. What department is responsible for research and development of products? 7. What do we call a person managing the affairs of a corporation? 8. What department is in charge of recruitment and welfare of staff or employees? 9. What do we call a person who heads a Board of Directors? 10. What department takes care of a company's financial affairs?