New technology and money

To... money means to use it badly on things that one does not need.

To... means to ask smb. to pay.

Is price asked for goods or services.

Is to be worth in terms of money.

Money is different kinds of plastic cards.

Are paper money.

Are metal money,... is system of coins in use.

Is money in coin or notes.

Is the type of money used in a country.

Is money that may be used to start a business.

Withdraw i. make books, pictures, etc.

Cash h. tiny, hard pieces

Cease g. worth of smth.

Упражнение 7. Заполните пропуски терминами, переведите.

10. To... money means to keep some of one's money, e.g., for a new computer.

12. The... of living means how much people pay for things.
13.... of living is the level of money and comfort people have.

Упражнение 8. Заполните пропуски синонимами или антонимами.

value... waste

condition... lend

quantity... cheap

common, often see or heard... unstable

various... minor

Упражнение 9. А. Назовите 20-25 ключевых слов и словосочетаний на тему: «Business and finance».

В. Speak about:

1. The state of the economy at the moment. Is it strong or is it in recession?

2. The current rate of inflation in the country. Has the govern­ment reduced company taxes or personal taxes lately? Has public expenditure risen or fallen recently?

Text 3

Какое значение имеют электронные средства связи в современной орга­низации производства?

А. Прочитайте текст и постарайтесь догадаться о значении в данном контексте слов: vital, corporate, compile, memo, pace, respond, intranet, empower.

Paperwork and the Digital Nervous System

Bill Gates states it did not take Microsoft Co. long to get rid of most of the company's paper forms. The move from paper to elec­tronic forms is a vital step in the evolution of a modern organiza­tion's nervous system. A corporate system defines how an organization deals with planned and unplanned events alike. It in­cludes meetings, paperwork and electronic systems. It governs the way information about customers is stored, the way workers are or­ganized, the way budgets are compiled and activities are coordi­nated, and the way information is exchanged.

In the past, companies were virtually alike in terms of how they managed these activities. Meetings, memos and managers were re­lied upon heavily. The pace was not usually too fast, and there was lots of paper.

But one of the lessons from Darwin is that the excellence of an organism's nervous system helps determine its ability to sense change and quickly respond, thereby surviving or even thriving.

Today, new «digital nervous systems» are based on electronic communications tools that help corporations maintain themselves, defend from dangers and take advantage of opportunities rapidly. The Internet and intranets are essential.

You can easily bring the people you need together electroni­cally, even if they are all over the globe. The people in the company can gain a common understanding of what is going on. They can exchange ideas easily.

Perhaps the single most important element of a digital nervous system is a customer database. Having all your information about customers in one place gives you the tools to analyze and make de­cisions. It empowers you to be highly responsive to customers needs.

Microsoft's system is far from perfect, but it improves as the company takes better advantage of technology. Its annual budget­ing process used to take three months. Microsoft invented a new process around electronic forms on the company's intranet.

The budget cycle is now a very tense three-week period. The company's digital system lets everybody see immediately what the other people in the company are planning. The managers see com­parisons of sales and expense forecasts relative to market size in other divisions and regions. The product groups see the numbers organized by product. The subsidiaries see the numbers geographi­cally. The finance people see them in on a profit-and-loss basis.

In other words, information can automatically be analyzed and compared and summarized and brought to the attention of the peo­ple who need to know about it.

В. Подберите к каждому слову или словосочетанию в колонке А соответ­ствующее по значению из колонки В.

Дата добавления: 2014-12-17