I. Match the words with the definitions.

1) agreement a) an amount of money that must be paid

2) reduction b) a person, bank, or company that you owe

money to

3) creditor c) the amount of money that something is worth

4) value d) a decrease in the size, price or amount of smth.

5) loan e) an arrangement or promise to do something made by two or more people, companies, organizations, etc.

6) payment f) an amount of money that you borrow from a bank

7) investor g) the money that is available to an organization or person

8) budget h) someone who gives money to a company, business or bank in order to get a profit.

 

II. Complete each sentence with a word from the box.

market leader rules delivery department online shopping boost campaign employees

 

1. Many people use the web for........... or banking.

2. In formal situations it’s a good idea to follow standard.......... when making new contacts.

3. A company that has the biggest sales or the best selling product in the market is the...........

4. The company hopes that its new strategy will give sales a...........

5. Some retailers have found it difficult to guarantee.......... times: goods may arrive late.

6. A.......... is a part of company where people do a particular kind of work.

7. One recent advertising ……. lasted for over a year.

8. Our ……. are the best trained in the country.

III. These are confused pairs of words. Choose the correct alternative for each sentence.

1. COMMON / MUTUAL

a) The firm agreed that increasing client satisfaction was our........goal.

b) It was in the parties'.........interest to reach an agreement quickly.

2. LESS / FEWER

a) There were........hours logged than the company expected.

b) The amount of gasoline was.......than we had budgeted for.

3. PRINCIPLE / PRINCIPAL

a) The.......reason we didn't pursue it was the cost.

b) We didn't want to continue the case, mostly because of..........

4. AFFECT / EFFECT

a) The cost will.......the final contract.

b) We know that the.......of the merger will create problems.

 

IV. a) КОПР №3, 4.

b) Choose the correct option a-c to complete the sentences.

1. The company........ in car sales for many years.

a) has dealt b) has been dealing c) was dealing

 

2. Вefore John celebrated his 26^th birthday, he....... his own company.

a) started b) has started c) had started

 

3. By the end of the month I.........this project.

a) will finish b) will have finished c) finish

 

4. Our distributor called while I........to Jim.

a) was talking b) have been talking c) would be talking

 

5. We....... her at the sales conference last week.

a) have met b) met c) have meet

 

6. I........my new job next week.

a) will start b) am starting c) start

 

7. The number of employees cycling to work.........

a) increased b) have increased c) has increased

 

8. We........ to an agreement on the terms of payment before you arrived.

a) have come b) had come c) came

 

V. Rewrite the sentences in the passive.

1. Sales representatives from all the regions attended the meeting.

The meeting....... by sales representatives from all the regions.

a) is attended b) was represented

 

2. I have invested my money in real estate.

My money........ in real estate.

a) has been invested b) has invested

 

3. We hold a group meeting every other Friday.

A group meeting........every other Friday.

a) holds b) is hold

 

4. You told us there would be a bigger discount.

We..........there would be a bigger discount.

a) were told b) are told

 

5. She didn't sign the contract.

The contract.........by her.

a) isn't signed b) wasn't signed

 

 

 

 

 

VI. a) КОПР № 1

b) Complete each sentence with a verb in the correct form, - ing or to...

1. After hours of negotiating, we managed........an agreement.

a) to reach b) reaching

 

2. Younger people prefer........for items electronically.

a) to pay b) paying

 

3. Julia is interested in........ her own business.

a) starting b) to start

4. I am interested in........more about your special offers.

a) to hear b) hearing

 

5. They must increase the salary....... the right applicants.

a) to attract b) attracting

 

6. We should finish......... the software before giving it to users.

a) testing b) to test

 

 

VII. Translate the sentences from English into Russian.

1. Monetary policy involves making changes to the interest rate and controlling

the money circulating in the economy.

 

2. The interest rate is usually set by the central bank of a country, which also

serves as a lender for commercial banks.

 

3. If the interest rate is low, companies invest and expand their business, the

national currency value falls and national goods and services become cheaper

for foreign buyers. Export begin to grow and more money comes into the

economy.

 

 

VIII.

A. Read this text.

Globalisation

1.Your shirt was made in Mexico and your shoes in China. Your CD player comes from Japan. Today goods are made and sold all over the world, thanks to globalization. We can exchange goods, money and ideas faster and cheaper than ever before. Modern communication and technology, like the Internet, cell phones or satellite TV help us in our daily lives. Globalization is not new. For thousands of years people have been trading goods and travelling across great distances. During the Middle Ages, merchants travelled along the Silk Road, which connected Europe and China. The modern age of globalization started with the Industrial Revolution at the end of the 18th century.

2. Today it is easier for companies to work in other countries. The Internet gives them the chance of reaching more customers around the world. However, there is a growing debate over globalization. Governments are in favour of globalization because the economy can grow. Other people are not so sure that there are only advantages. Here are some arguments from both sides. Globalization lets countries do what they can do best. If, for example, you buy cheap steel from another country you don’t have to make your own steel. You can focus on computers or other things. Globalization gives you a larger market. Consumers also profit from globalization. Products become cheaper and you can get new goods more quickly.

3. But globalization causes unemployment in industrialized countries because firms move their factories to places where they can get cheaper workers. Globalization may lead to more environmental problems. A company may want to build factories in other countries because environmental laws are not as strict as they are at home. Globalization can lead to financial problems. Some of the poorest countries in the world, especially in Africa, may get even poorer. Many experts say that we need a different kind of globalization in our world today.

 

B. Mark the sentences a) T ( True )

b) F ( False)

c) NG ( Not Given )

1.For thousands of years people have been trading commodities and travelling across great distances.

2. Early forms of globalization existed during the Roman Empire.

3. Consumers don't profit from globalization.

 

 

 

 

Variant № 7

I. Match the words with the definitions.

1) auction a) used in homes or relating to homes

 

2) property b) someone who buys goods and uses services

 

3) taxation c) objects produced for sale

 

4) sale d) more than is needed

 

5) goods e ) buying and selling of property through open public

bidding

 

6) surplus f) something owned, a possession

 

7) consumer g) the process of selling goods and services for money

 

8) household h) the system that a government uses for collecting money

from people in the form of taxes

 

 

II. Complete each sentence with a word from the box.

employees sales salary production product cash campaign packaging

 

1. There are over 9 million teenagers in Вritain and they are the most powerful group of..........

2. Jane finds it difficult to survive on such a low..........

3. How do you pay for things you buy: in.........., by cheque or credit card?

4. If we don’t get another order soon, we’ll have to cut........and maybe close a factory.

5. One way to inform people about your........is to advertise it on TV.

6. And you get a special bonus if the company’s........ go up by more than 15 per cent in the year.

7. One recent advertising ……. lasted for over a year

8. The…….of a product is very important: the company has to think carefully about

how the product should look.

 

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