Choose the word or word combination to match the definition. Ex.4. Familiarize yourself with the following idioms

Ex.4. Familiarize yourself with the following idioms. Consult your dictionary and translate the sentences into Ukrainian. Think of situations where you could use them.

Ex.3. Give your own order of importance of the following activities of a manager and give your reasons.

Ex.1. Make an organizational chart for a company you know about. Present the chart to your groupmates and tell what each person on your chart does.

Ex.2. Talk to your groupmate:

s which is the most interesting to work in:

finance department, sales department, marketing department, research and development department, personnel department.

1. proper motivation of workers

2. making a profit

3. coordination of work

4. fighting competition

5. adherence to the goals set by the organization

6. creating agreeable working conditions

7. setting the organizational principles

1. Peter’s success at college cut no ice with the selection committee. They were not impressed with academic attainments but wanted a man with practical experience.

2. We can kill two birds with one stone by combining our honey-moon with our business trip.

3. You can take my word for it, I saw it with my own eyes.

4. The secretary led her boss by the nose until she had spent all his money.

5. You will find it difficult to open a shop in the High Street. There is a lot of cutthroat competition in this town.

Ex.5. Comment on the following:

“Minds are like parachutes. They only function when open.”

(Anonymous)

TEST 1 (UNIT I)

1. A person who works under you.

a) leader

b) supervisor

c) subordinate

2. A private individual who runs a one-man business.

a) supplier

b) sole trader

c) partner

3. A very large organization that owns companies in more than one country.

a) association

b) partnership

c) multinational

4. The money gained in a business deal, esp. the difference between the amount earned and the amount spent.

a) loan

b) profit

c) loss

5. To enter new types of business.

a) to succeed

b) to cooperate

c) to diversify

6. The sale of goods in large amounts, and usually at lower prices, to stores and businesses.

a) retail trade

b) wholesale trade

c) free trade

7. The sale of a business or service owned by the government to private owners.

a) nationalization

b) restriction

c) privatization

8. A firm run by two or more partners.

a) consortium

b) sole proprietorship

c) partnership

9. A company in which the owners are entirely liable for the debts of the company.

a) unlimited liability company	b) partnership
c) limited liability company

10. Money owed by one person or an organization to another.

a) wealth

b) debt

c) profit

11. A market where stocks and shares are bought and sold under fixed rules.

a) foreign exchange

b) commodity exchange

c) stock exchange

12. A sum of money invested in a business.

a) stake

b) dividend

c) interest

13. Combining two companies into one larger company.

a) bid

b) witness

c) merger

14. A business or part of business bought by another company.

a) purchase

b) takeover

c) sell-off

15. The workers or employees of an organization.

a) capital

b) commodity

c) staff

16. A person who works for another person, business or government.

a) employee

b) colleague

c) employer

17. A group of directors who are responsible for running a company and usually have legal responsibilities to it.

a) senior executives

b) managing directors

c) board of directors

18. State–owned and– run organizations.

a) insurance sector

b) public sector

c) retail sector

19. A limit on something.

a) restriction

b) reservation

c) regulation

20. A person who owns shares in a company.

a) creditor

b) shareholder

c) investor

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