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1.
Task 1. :
Market, resources, friendship, raw materials, to evaluate goods, freedom, an economist, choice of goods, to compete for, production output, to make decision, juice, to assume responsibility, staff, a business visit, talks, a girl, to sign a contract, an account, to place an order, in order, computer skills, price;
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This company produces high quality goods.
These goods are sold at the markets of Europe.
Task 2. :
1.Shall we discuss these documents? ------------------
2. What are you? --------------------
3. How are you? --------------------
4. What company do you represent? --------------------
5. What markets does your company sell goods at? ----------
6. How about some drink? ---------------------------
Task 3. :
The specialists have discussed the business offer this week.
Task 4. :
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Task 5. .
An accountant has to account what happens to the companys money. Financial accounting is concerned with recording events as they happen or have recently happened. As for the alternative term, bookkeeping means the book, cash books, keeping them properly and keeping them up to date.
Accounting is often said to be the language of business. It is used in the business would to describe the transactions entered into by all kinds of organizations. The actual record-making phase of accounting is usually called bookkeeping. Accounting extends far beyond actual making of records.
It is connected with the use to which the records are put, their analysis and interpretation.
2.
Task 1. .
Goods and services, to promote goods, summer, a competition, an account, cash flow, juice, to sell goods, a business letter, main functions, a buyer, a house, to advertise goods, profit, to sign the papers, to trade, trade relations, to sell goods, production, a manager, the national economy, to pay, accounting, currency, to create, market analysis, balance sheet.
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The manager of the company receives customers every day.
They will purchase goods at reasonable prices.
Task 2. .
1. What do you do? ---------------------------
2. Shall we speak about our contract? -----------------
3. I was glad to meet you. ---------------------
4. What does your company produce? ----------------
5. See you later. ------------------------
6. Have a nice trip. ---------------------
Task 3. .
The president of the company signed the contract yesterday.
Task 4. .
1. BelWest.
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Task 5. .
In the real economy producers try to gain control over prices by differentiating their products from similar products. Firms also gain some control over price through advertising. If the advertising is effective, it will increase the quantity demand. This can permit a firm to increase the price at which it sells its particular output.
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In a real market firms may reduce prices to obtain a competitive edge. A firm can hope to sell more unites at a lower price, thereby increasing its total sales revenues. Firms in the real economy exert some control over prices. How they use this control depends on their pricing goals and their production and marketing costs.
3.
Task 1. .
Profit, consumer needs, a market research, a family life, advertising, a school, microeconomics, an accountant, a joint enterprise, to work as, a commercial firm, a letter, a business letter, a foreign enterprise, to sign a contract, payment, salary, a Letter of Credit, to raise prices, the staff of the company, finance statements.
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1. Buyers prefer to purchase high quality goods at reasonable prices.
2. The production of these goods is under the government control.
Task 2. .
1. Where are you from? ---------------------
2. Nice to meet you. ------------------
3. What company do you represent? --------------
4. How about a cup of coffee? --------------------
5. What do you do? -------------------------
6. Shall we discuss the terms of delivery and payment?--------
Task 3. .
This company has offered us goods at attractive prices.
Task 4. :
1. , Sony.
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Task 5. .
Any manager should possess the following qualities: ability to make decision, communication skills, motivation to work, flexibility. He must have special education, he should know a foreign language.
Ability to make decision is the ability of a manager to use his knowledge, his experience and his skills in taking the right decision. Ability to make decision is the quality that shows managers skills to make a choice out of several variants. There are five main functions of a manager: planning, organizing, staffing, directing, controlling.
A manager has a lot of responsibilities. He must know and love his job.
4.
Task 1. .
Production, consumers, a country, banking, Insurance Policy, friends, to work for a firm, marketing, to advertise goods, victory, a sales representative, Invoice, price, balance sheet, to sell, to buy, to conclude a contract, business trip, a customer, to deliver goods, manufacturing, to pay, trade, to trade, a joint venture, a joint stock company, a price-list, cost, assets, to make calculations, to give a discount.
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1. They set up new commercial contacts.
2. The producers offer reasonable prices for their goods.
Task 2. :
1. Have a nice trip! -------------------
2. Does your company export goods to many countries? -----------
3. Glad to meet you. -----------------------
4. What do you do? -------------------------
5. How are you getting on? ---------------
6. What does your company produce? ---------------
Task 3. :
The managers will discuss prices and terms of delivery tomorrow.
Task 4. :
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Task 5. .
Before the price of a product can be set, an organization must decide on what bases it will compete on the bases of price or some other combination of factors.
Price competition occurs when a seller emphasizes the low price of a product and sets a price that equals or beats competitors prices. Price competition allows a marketer to set prices based on demand for the product or in response to changes in the firm finances.
Non-price competition is based on factors other then price. It is used most effectively when a seller can make its product quality, customer service, promotion, packaging, or other features.
Customers keep loyalty to the chosen firms brand.
5.
Task 1. .
A business letter, to deliver goods, a capital, firms capital, students, partners, a business call, a financial statement, a balance sheet, to make a report, income, Invoice, to receive customers, to send a fax, nature, to go on a business trip, price, advertising, cash, currency, an account, accountancy, profit, demand, consumers.
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1. Our goods are popular with customers all over the country.
2. The production of our company has increased lately.
Task 2. :
1. Do you often go on a business trip? ---------------------
2. How do you do? -------------------------
3. What do you do? -----------------------
4. What company do you work at? ------------
5. What does your company produce? ---------------
6. See you tomorrow. ------------------------
Task 3. :
The specialists will visit this fair tomorrow.
Task 4. :
1. . .
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5. .
Task 5. .
Financial accounting is concerned with recording events as they happen or have recently happened. An accountant should be concerned with more than the record-making phase. He should be interested in the relationship between the financial results and the events which have created them.
Probably there are two main questions that managers or owners want to know: first whether or not the business operating at a profit. Second, they will want to know whether or not the business is able to meet its commitments as they fall due; so not to have to close down owing to lack of funds.
Both of these questions should be answered be the use of the accounting data if the firm.
6.
Task 1. .
Customers, to work for a firm, to make an appointment, to promote goods, weather, to purchase, a picture, to sell products, terms of delivery, to produce goods, payment, pricing, to make profit, a price-list, a market, a city budget, income, to conclude a contract, financing, invoice, financial statement, business partners, consumers, goods concept, advertising.
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1. The managers are going to discuss this business proposal on Monday.
2. They offered to place this order with their company.
Task 2. :
1. Pleased to meet you. -----------------------
2. What are you by profession? -----------------
3. What company do you represent? -------------
4. Shall we discuss the terms of payment? ----------
5. See you soon. -----------------------
6. Where are you from? -------------------
Task 3. .
They discussed the terms of delivery and payment yesterday.
Task 4. :
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5. . .
Task 5. .
The company uses its assets to produce goods and services. The companys success depends on whether it is wise or lucky in the assets it chooses to hold and in the ways it uses these assets to produce goods and services. The companys success is measured by the amount of profit it earns. Net income is the accountants term for the amount of profit that is reported for a particular time period. The companys income statement for the period of time shows how the net income for that period was derived.
The income statement shows the expenses of the period: the assets that were consumed while the revenues were being created.
