ПКВЯз. Англ. Бизнес курс
Which of the two assertions are true and which are false? A) The most popular form of business is a joint-stock company, also called a company or corporation, a joint stock company is a “legal person” B) This means that the company itself has rights and powers separate and different from those of the natural or legal persons who compose it and are its shareholders
А- false, В- true
А-true, В-false
А- false, В- false
А- true, В- true
Put the verb in brackets in the right form: Consequently, raiders (to be) able to borrow money, buy badly-managed, inefficient and underpriced corporations, and then restructure them, split them up, and resell them at a profit
Correspond the left and right parts
The small proportion of skilled
range from such items as breakfast cereals and paper products to motor-cars, are manufactured in advance of sales, and sales forecasting and marketing of a high order are essential for the success of the manufacturing enterprise
The labour content is relatively small compared to the capital investment, and most of it
is unskilled or semi-skilled
Mass-produced products, which
labour required is employed to set up the machines for production, and is highly paid
Which of the two assertions are true and which are false? A) A patently fair and just pay scale is essential to ensure a satisfied work-force, and the ability to earn extra money beyond basic pay is an incentive to greater productivity B) Consequently most organisations operate bonus schemes which add to a worker’s earnings through greater output than the standard laid down for basic pay
А- false, В- true
А- false, В- false
А- true, В- true
А-true, В-false
A further possibility is to have wholly autonomous, temporary groups or _______ that are responsible for an entire project, and are split up as soon as it is successfully completed
matches
teams
games
players
Correspond the left and right parts
The labour content is relatively small compared to the capital investment, and most of it
sums for wages have to be regularly found
Continuity of work for both labour and equipment depends, therefore, on effective marketing and under this heading
must be included competitive tendering
Where jobs of high value and extended time-span are the rule problems are often experienced with financing the projects, especially in view of the high labour content which means that large
is unskilled or semi-skilled
Choose two possible answers: There are also stated different questions _______ the regulation of the company
deriving from
related to
given to
connected with
Choose the right preposition: Theoretically, there was little risk _______ making a loss with a buyout, as the debts incurred were guaranteed by the companies’ assets
Which of the two assertions are true and which are false? A) A liquidation committee is formed to regulate the process of winding up B) In case of a voluntary liquidation the commission is appointed by the shareholders at the general meeting, but if the winding-up is compulsory then a court, in majority cases an arbitration, must appoint this committee to solve the problem
А- false, В- false
А-true, В-false
А- false, В- true
А- true, В- true
Another solution is decentralization: the separation _______. the organization into competing autonomous divisions
in
on
out
of
Correspond the left and right parts
In this type jobs are carried out individually and usually to the specific
registered office of the company
If the directors do not call a meeting within 21 days of the date of depositing the requisition, the requisitionists, or the majority in value of them, may call the meeting within three months
from convening (i.e. calling) the meeting to be held on a long distant date so that the members’ desire to discuss urgent matters is defeated, the directors are not deemed to have duly convened a meeting if they convene it for more than 28 days after the date of the notification
To prevent the directors
of the date of the deposit of the requisition
The requisition must state the objects of the meeting, be signed by the requisitionists, and deposited at the
order of a customer
Chose three possible answers: These rights are of special _______ in the case of a projected takeover or merger
significance
priority
seniority
importance
Choose the right preposition: Conventional financial theory argues that stock markets are efficient, meaning that all relevant information about companies is built _______ their share prices
Many banks, _______. example, have established commercial, corporate, private banking, international and investment divisions
on
in
for
by
Chose three possible answers: Often in this _______, because of his additional function as chief executive, his views at board meetings are looked upon with great respect, and he can command considerable authority
amount
role
capacity
position
The profit is distributed to the shareholders in proportion to the number of . _______they own
shares
slaves
cattle
Which of the two assertions are true and which are false? A) Although some employers and managers (and political parties) oppose the very existence of unions – even though, like doctors, lawyers, accountants, and so on, they might themselves belong to a professional association with similar basic aims? But not many management theorists stress the necessity of unions B) In the 1970s, Peter Drucker* wrote that ‘Management is and has to be a power. Any power needs restraint and control – or else it becomes tyranny
А- false, В- true
А- true, В- true
А- false, В- false
А-true, В-false
Put the verb in brackets in the right form: Furthermore, they are vulnerable in a recession when, largely for psychological reasons, distributors, retailers and customers all (to prefer) to buy from big well-known suppliers
Chose three possible answers: He is, therefore, involved in the _______ management work involved in implementing the board’s wishes
routine
2-day long
day-to-day
usual
Which of the two assertions are true and which are false? A) Pay is never subject to negotiation between the employer and one or more trade unions B) At present the main criterion is the worth of the job to the employer and a mixture of the cost of living and what is being paid elsewhere
А- true, В- true
А- false, В- false
А-true, В-false
А- false, В- true
Which of the two assertions are true and which are false? A) Where there is mutual respect – that is, where morale is good – employees can more easily be given a picture of the organisation’s problems and thus obtain a better understanding of them through meetings with stewards and stewardesses. B) Workers feel the strength of association and thus are able to have, through union representatives, constructive discussions on procedures relating to working practices, disciplinary measures and the like
А-true, В-false
А- false, В- true
А- false, В- false
А- true, В- true
Which of the two assertions are true and which are false? A) A distinction is usually made between two aspects of this method of production B) The term ‘mass production’ (or flow-line production) is used only for the production of matreshki
А- false, В- false
А- false, В- true
А-true, В-false
А- true, В- true
Yet the activities of most companies are too complicated _______ be organized in a single hierarchy
for
to
can
and
Which of the two assertions are true and which are false? A) Much individuality can be introduced into mass production, and the processes are not capital intensive B) The labour content is relatively small compared to the capital investment, and most of it is very skilled
А- false, В- false
А- false, В- true
А- true, В- true
А-true, В-false
A solution to this problem _______ matrix management, which allows people from the traditional functional departments of production, finance, marketing, sales, etc. to work together in teams
do
be
are
is
Which of the two assertions are true and which are false? A) A patently fair and just pay scale is essential to ensure a satisfied work-force, and the ability to earn extra money beyond basic pay is not an incentive to greater productivity B) Consequently most organisations operate bonus schemes which add to a worker’s earnings through greater output than the standard laid down for basic pay
А- true, В- true
А-true, В-false
А- false, В- false
А- false, В- true
Chose three possible answers: Sometimes impartiality on the part of a director is difficult because he may have a personal interest in a _______ that has come up for discussion or action
situation
matter
question
position
Which of the two assertions are true and which are false? A) Mass production, which is also known as flow-line production, is a process of continuous production where large numbers of more or less identical units are manufactured continuously B) It is the exactly like job production
А- false, В- true
А- false, В- false
А- true, В- true
А-true, В-false
That part of the profit _______ is not re-invested in the company is paid out to shareholders as a dividend
which
why
when
where
Correspond the left and right parts
Indeed, the offices are sometimes combined, especially in the smaller concern, and one person occupies the position of
and requires a good deal of time devoted to it, particularly in considering matters coming up for discussion at board meetings
Whilst this may result in
with the day-to-day operations of the concern
So far as it’s possible he must be detached and unbiased in his deliberations. This is difficult to achieve when a person has executive responsibilities and is thus constantly in contact
the avoidance of divided opinions at the top, there are two important reasons for not combining these two offices
The task of the chairman is very onerous
chairman and managing director
Which of the two assertions are true and which are false? A) Professional people such as doctors, accountants and solicitors often form partnerships B) Private limited company always has more than fifty members who provide the capital which is divided into shares
А- false, В- false
А- true, В- true
А- false, В- true
А-true, В-false
Chose three possible answers: A strong managing director is likely to dominate the board of directors _______ his management team
and
or
as well as
and also
Which of the two assertions are true and which are false? A) British unions are known as trade unions B) They are largely disorganized
А- false, В- false
А- false, В- true
А-true, В-false
А- true, В- true
Choose the right preposition: _______ the other hand, the permanent threat of a takeover or a buyout is clearly a disincentive to long-term capital investment
Most businesses are organized as hierarchies, with a clear chain of command: a boss who has subordinates, who in turn have their own subordinates, and so _______
on
at
off
in
Larger organizations are often further divided into autonomous divisions, each with its _______ functional sections
private
self
own
special
Correspond the left and right parts
In the case of domestic consumables, such as washing-powders, attempts are made to stimulate sales by a variety of means including
because of the poor quality of life it imposes on the workers
In order to remain profitable
it is necessary for enterprises employing mass-production methods to utilise machinery to virtually full capacity
Mass production is often criticised
‘special offers’, competitions and free gifts
Put the verb in brackets in the right form: Fat or lazy companies that fail to do this will be (to take) over by raiders who will use assets more efficiently, cut costs, and increase shareholder value
Put the verb in brackets in the right form: Where a company is (to buy) by its existing managers, we talk of a management buyout or MBO
Which of the two assertions are true and which are false? A) Linked to final salary means the same salary as on retirement B) Occupational Pension Plans are paid for by employees, but not employers
А- false, В- true
А- true, В- true
А-true, В-false
А- false, В- false
Correspond the left and right parts
The advantage of two
and an extraordinary general meeting
Thus if a company was incorporated on 1 November 1999 it would have until 30 April 2001 to hold
general meeting on 31 March 2000 it must hold the next one in 2001 and on or before 30 June 2001
So if a company held an annual
its first annual general meeting
There are two kinds of company general meeting: the annual general meeting (AGM)
opinions and two approaches is lost if the two offices are combined
Correspond the left and right parts
The content of the individual job of a worker
‘special offers’, competitions and free gifts
When orders fall short of full capacity it is often more
advantageous to keep the plant running and to produce for stock rather than to reduce the volume of output
In the case of domestic consumables, such as washing-powders, attempts are made to stimulate sales by a variety of means including
may be severely limited, sometimes even being reduced to one repetitive operation
Put the verb in brackets in the right form: In many markets there (to be) often also a distinct market challenger, with the second largest market share
Chose three possible answers: First it must be _______ that there is a trustee relationship between the directors and the shareholders
understood
realised
clear
wrong
Correspond the left and right parts
So far as it’s possible he must be detached and unbiased in his deliberations. This is difficult to achieve when a person has executive responsibilities and is thus constantly in contact
opinions and two approaches is lost if the two offices are combined
Consultation between chairman and managing director on many matters is often helpful and fruitful because the chairman can be detached
and requires a good deal of time devoted to it, particularly in considering matters coming up for discussion at board meetings
The task of the chairman is very onerous
from the problem and can offer unbiased advice based on independent experience
The advantage of two
with the day-to-day operations of the concern
By the time the bad news arrives, you’ll be gone and someone _______ will have to handle the problems
also
all
always
else
Although most organizations are hierarchical, with a number of levels and a line of command running from the top to the _______., hierarchies should be avoided because they make decision-making slow and difficult
bottom
low
down
end
Choose the right preposition: The majority of companies _______ any industry are merely market followers which present no threat to the leader
Choose two possible answers: There are two steps to be _______ before starting your business
gotten
made
given
taken
Which of the two assertions are true and which are false? A) Highly specialised machinery is used and in the most modern mass-production plants practically all of the work and machines are controlled by women B) The small proportion of skilled labour required is employed to set up the machines for production, and is highly paid
А- false, В- false
А- true, В- true
А-true, В-false
А- false, В- true