Dramatize the conversation. Work in pairs.

Questions

Words

to do business	- заниматься бизнесом
tax	- налог
to produce goods	- производить товары
to provide services	- предлагать услуги
a profit	- прибыль
to make profits	- делать прибыли
profitable	- прибыльный
insurance	- страховка, страхование
to run business	- руководить, заведовать, управлять предприятием
it should be noted that	- следует заметить, что …
successfully	- успешно
they prove to be good managers	- они оказываются хорошими управляющими
shop keeper	- зав. магазином
comparatively	- сравнительно
perspective	- перспективный
human activity	- деятельность человека
by producing goods	- путем производства
by providing services	- путем обеспечения услугами
communications	- средства связи, коммуникации
a sole trader	- единоличный торговец
responsibility for	- ответственность за
income tax	- подоходный налог
partnership	- партнерство
to trade	- торговать
to share	- разделять
dept	- долг
decision-making	- принятие решения
to make a decision	- принять решение
a limited company	- компания с ограниченной ответственностью
shareholder	- акционер
share	- акция, доля
to put money into syn. to invest	- вкладывать деньги инвестировать
in return for	- в обмен на
briefly speaking	- короче говоря

1. Is business an easy or a difficult kind of human activity?

2. What types of business do you know?

3. Why do people like small business?

4. For what purpose (с какой целью) do people do business?

5. In what two forms do people do business?

6. What business do you think is good?

7. What main services do you know?

8. Are production or goods and provision of services profitable?

9. Has doing business become very popular everywhere nowadays?

10. Do women, like men, successfully run a firm or a company?

11. Do women prove to be good bank managers or shop keepers?

12. Is doing business a new and perspective tendency in modern life?

13. Do you prefer to work as a sole trader, a partnership or a limited company?

14. Characterize a sole trader/a partnership/a limited Co/.

Tasks: 1. Read the text “What is Business?” and learn unfamiliar words.

2. Discuss the topic “What’s Business” through questions and answers.

3. Read the conversation “Partnership” and memorize unfamiliar words and phrases.

5. Retell the text: Something about my business. (see p. 3).

PARTNERSHIP

(conversation)

Two friends, Martin and Barbara, are having lunch together in a restaurant.

Martin:	Well, it’s been a long time, Barbara. What have you been doing?
Barbara:	I’ve been pretty busy. You know. I went into business with my friend, Jean.
Martin:	Oh, yes. How’s it going?
Barbara:	Pretty well. We get along quite well and the shop is beginning to attract more customers.
Martin:	Good. Are you two a partnership?
Barbara:	Yes. I’m very pleased about it. We seem to have the right combination. Jean’s background is in accounting. She’s the one who’s good at keeping the books and ordering stock.
Martin:	And you?
Barbara:	Well, you know. I’ve always liked taking a lot – I guess I’m rather good with customers. I enjoy selling.
Martin:	Sounds interesting. I guess it’s not too risky a business.
Barbara:	We haven’t had any problems, although I suppose all business can be risky. Being partners, we’re both liable
Martin:	Did you both put the same amount of money into the business? Or do you mind my asking?
Barbara:	To tell you the truth, we didn’t invest the same amount of capital. But we’ve combined our resources very well, I think. It seems to be a good deal for both of us.
Martin:	It sounds like it. That is one advantage of a general partnership. One partner can invest less capital than the other – in fact, no money at all – but a partnership can contribute important services or skills, something just a name or reputation.
Barbara:	Exactly
Martin:	What kind of arrangement do you have for distribution of profits and losses?
Barbara:	They’re equally shared. We hope to be in business for a long time.
Martin:	Good for you. You’ve really become very knowledgeable about business.
Barbara:	Believe me. I’m still learning. The subject becomes quite technical.
Martin:	But I’m glad to hear you’re doing so well. Next time, you’ll take me to lunch.

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