ПКВЯз. Англ. Бизнес курс
Choose the right preposition: The individual companies might have been more efficient if liberated _______ central management
Correspond the left and right parts
Labour is more skilled in this method of production than in mass production because of the variety of the work
consist of a significant number of similar items but these orders are not sufficient to justify continuous manufacture
Industries offering choices of design
the first will be run again
A batch of one design will be made and then a batch of another, and then perhaps
or sophistication in their products make use of batch production, a notable one being the furniture industry
It is employed where orders
entailed, and machines are more versatile
Put the verb in brackets in the right form: Much of the money for LBOs was provided by the American investment bank Drexel Burnham Lambert, where Michael Millken was able to convince investors that the high returns on debt (to issue) by risky enterprises more than compensated for their riskiness, as the rate of default was lower than might be expected
Correspond the left and right parts
This method, which is also known as flow-line production, is a process of continuous production where large numbers of more or less
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
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
identical units are manufactured continuously
Put the verb in brackets in the right form: To ensure that they are trusted by the workers, which is a major requirement for their success, they should (to be) composed of members from both sides who are knowledgeable and competent, whose integrity is unquestioned and whose judgement is dependable
Put the verb in brackets in the right form: LBOs, however, (to seem) to be largely an American phenomenon
Put the verb in brackets in the right form: Contrary to a common belief, wholly dominating a market, or (to have) a monopoly, is seldom an advantage: competitors expand markets and find new uses and users for products, which enriches everyone in the field, but the market leader more than its competitors
Choose two possible answers: A private _______, whether limited by shares or guarantee, must end its name with the word ‘limited’
business
office
matter
company
Put the verb in brackets in the right form: Market challengers can either (to attempt) to attack the leader, or to increase their market share by attacking various market followers
Put the verb in brackets in the right form: The power (to hold) by a handful of skilled workers, for instance, to disrupt a whole manufacturing undertaking or local authority service, or to close down a whole industry, was a matter for great anxiety among employers and Government
Which of the two assertions are true and which are false? A) Most organizations have a hierarchical or pyramidal structure, with one person or a group of people at the top, and an increasing number of people below them at each successive level B) There is a blurred line or chain of command running down the pyramid
А- false, В- false
А-true, В-false
А- false, В- true
А- true, В- true
Correspond the left and right parts
Any member may, by giving notice to the company not later than three months before the end of the year in which an AGM should have been held but for the opting out, require
than the annual general meeting are extraordinary general meetings. They may be called by the directors at any time
The notice of the
its first annual general meeting
Thus if a company was incorporated on 1 November 1999 it would have until 30 April 2001 to hold
meeting must say that it is the annual general meeting
All general meetings other
an AGM to be held in that year
Which of the two assertions are true and which are false? A) A product manager with an idea might be able to deal directly with managers responsible for a certain market segment and for a geographical region, as well as the managers responsible for the traditional functions of finance, sales and production B) This is one way of keeping authority at lower levels and a very efficient one
А- true, В- true
А- false, В- true
А-true, В-false
А- false, В- false
Choose the right preposition: Although the market could understand data concerning companies’ earnings, it was highly inefficient _______valuing assets, including land, buildings and pension funds
Put the verb in brackets in the right form: Although it is assumed that shares will have voting rights, some managements may (to view) this with apprehension and in some cases shares issued to employees have no voting rights so that control remains firmly in the hands of the existing shareholders and management
This is known as a staff position: its holder has _______ line authority, and is not integrated into the chain of command, unlike, for example, the Assistant Marketing Manager, who is number two in the marketing department.
now
none
no
not
Put the verb in brackets in the right form: In most markets there is a definite market leader, with the largest market share, which frequently (to help) other firms to introduce new products
Choose the right preposition: The ideal targets for such buyouts were companies with huge cash reserves that enabled the buyer to pay the interest _______the debt, or companies with successful subsidiaries that could be sold to repay the principal, or companies in fields that are not sensitive to a recession, such as food and tobacco
Correspond the left and right parts
When orders fall short of full capacity it is often more
it is necessary for enterprises employing mass-production methods to utilise machinery to virtually full capacity
An example of this is the stock-piling of motor-cars when sales are low. This situation cannot, of
‘special offers’, competitions and free gifts
In the case of domestic consumables, such as washing-powders, attempts are made to stimulate sales by a variety of means including
course, continue indefinitely
In order to remain profitable
advantageous to keep the plant running and to produce for stock rather than to reduce the volume of output
Chose three possible answers: In _______ the board acts as trustee for the funds subscribed by the members, and for the proper application of those funds
fact
case
reality
effect
Correspond the left and right parts
When orders fall short of full capacity it is often more
production are the terms normally used
Mass-produced products, which
it is necessary for enterprises employing mass-production methods to utilise machinery to virtually full capacity
In order to remain profitable
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
Where the nature of the product is the result of formulations such as petro-chemical products, adhesives and jams, process production or continuous-flow process
advantageous to keep the plant running and to produce for stock rather than to reduce the volume of output
Correspond the left and right parts
A manufacturer using batch production will set up a production run when orders for a particular item are received, but has the problem of making the run economically viable; in other words
saving advantages of mass production, but also allows the manufacturer to satisfy individual job orders if necessary because of his more versatile machinery and skilled workers
It uses more labour, proportionately, than mass
production and less machinery. Whether goods are made in advance of orders or subsequent to them depends not so much on the type of production method as on the situation in the market
Batch production can offer some of the cost
producing sufficient quantity to make the run profitable
Choose two possible answers: It contains the shareholders’ rights and the amount of shares; _______ and procedures on general meeting and the list of the directors and their rights and duties
rules
regulations
employees
managers
Correspond the left and right parts
Thus if a company was incorporated on 1 November 1999 it would have until 30 April 2001 to hold
meeting must say that it is the annual general meeting
Any member may, by giving notice to the company not later than three months before the end of the year in which an AGM should have been held but for the opting out, require
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
an AGM to be held in that year
The notice of the
its first annual general meeting
Which of the two assertions are true and which are false? A) People are usually more concerned with the success of their department than that of the company, so there are permanent battles between, for example, finance and marketing, or marketing and production, which have incompatible goals B) Separating functions between departments is likely to encourage innovation
А- false, В- true
А- true, В- true
А- false, В- false
А-true, В-false
Choose two possible answers: If it _______ into a transaction which is not included in the clause, that transaction will at common law be ultra vires (that is, beyond its powers) and void (that is, of no effect)
squeezes
goes
looks
enters
Chose three possible answers: Agreeing objectives and formulating policy are _______ the most onerous of the domestic responsibilities of directors
perhaps
practically
probably
possibly
Which of the two assertions are true and which are false? A) The activities of most companies are too easy to be organized in a single hierarchy B) Shortly before the first world war, the French industrialist Henry Fayol organized his coal-mining business according to the functions that it had to carry out
А- false, В- false
А- false, В- true
А- true, В- true
А-true, В-false
Put the verb in brackets in the right form: Hostile takeovers and buyouts are almost unknown in these two countries, where business (to tend) to concentrate on long-term goals rather than seek instant stock market profits
A private limited company is controlled by a _______ of Directors elected by the shareholders – one share, one vote
table
bed
board
bunch
A plc _______ at least two members but no maximum since it can offer its shares for sale to the public and may, therefore, have hundreds of thousands of shareholders, who have one vote for each share they own
has
does
is
makes
Private limited _______ have at least two but usually not more than fifty members who provide the capital which is divided into shares
office
company
guy
woman
Choose the right preposition: Membership of trade unions is no longer confined _______ workers in production, but extends to cover office workers, computer staff and even supervisors and managers
Put the verb in brackets in the right form: Two solutions have been successfully (to apply) in practice
Correspond the left and right parts
The use of a conveyer belt gives the worker no control over the pace of his work and diminishes opportunities to communicate
consist of a significant number of similar items but these orders are not sufficient to justify continuous manufacture
The result is a high rate of absenteeism, general work stoppages and possibly defective work owing to a low
effect on the workers leading to boredom and lack of job satisfaction
This has an adverse psychological
level of interest in the job
It is employed where orders
with his fellow workers
Put the verb in brackets in the right form: It later (to become, past simple) clear that many of these conglomerates consisted of too many companies and not enough synergy
Which of the two assertions are true and which are false? A) The profit of a public company is distributed to the shareholders in proportion to the number of shares they sold B) A private limited company has limited liability and this is indicated by the letters ltd after its name
А- false, В- false
А- false, В- true
А-true, В-false
А- true, В- true
Choose two possible answers: It is important to choose the legal form that will enable your business to _______, while taking into consideration the activities to be carried on
go back
develop
go forward
regress
Put the verb in brackets in the right form:The Government itself is also now a large employer of direct labour which forces it to (be) a party to industrial relations negotiations
Choose two possible answers: It’s easy to _______groups and end up not knowing anyone
mix up
confuse
make
harm
An inherent problem of hierarchies _______ that people at lower levels are unable to make important decisions, but have to pass on responsibility to their boss
are
is
be
was
Correspond the left and right parts
Batch production can offer some of the cost
one of deciding what is the economic batch size
It is wholly contrary to the European and American logic of encouraging greater
productivity, and welcoming production that exceeds the agreed schedule or quota, and stocking extras in case of future problems
He does this by adding a stock quantity to the ordered quantity. One of the most difficult problems in batch production is, in fact, this
saving advantages of mass production, but also allows the manufacturer to satisfy individual job orders if necessary because of his more versatile machinery and skilled workers
Choose the right preposition: a company will lose its investment if a raider tries to break it up as soon _______its share price falls below expectations
Correspond the left and right parts
When orders fall short of full capacity it is often more
production are the terms normally used
In order to remain profitable
course, continue indefinitely
An example of this is the stock-piling of motor-cars when sales are low. This situation cannot, of
it is necessary for enterprises employing mass-production methods to utilise machinery to virtually full capacity
Where the nature of the product is the result of formulations such as petro-chemical products, adhesives and jams, process production or continuous-flow process
advantageous to keep the plant running and to produce for stock rather than to reduce the volume of output
Chose three possible answers: He does this of course through the process of delegation and through the reporting and control systems _______ to monitor company performance
created
established
destroyed
set up
Put the verb in brackets in the right form: In most markets there (to be) a leader that strongly influences other firms in the introduction of new products, price changes, promotions, and so on
It is not necessary to _______ the accounts and there are no special legal requirements except that the name of the business must be registered if it is different from the owner’s name
have
read
keep
publish
Chose three possible answers: Thus he interprets and puts into _______, through his management team, the decisions taken at board level, and can follow them through down the organization chain
effect
action
reality
bank
Which of the two assertions are true and which are false? A) Industrial relations tend to be better in countries, industries and companies where communications are not good B) As a result of deregulation, working conditions in many industries in many countries have worsened
А- false, В- true
А- false, В- false
А-true, В-false
А- true, В- true
Put the verb in brackets in the right form: Conventional financial theory argues that stock markets are efficient, (to mean) that all relevant information about companies is built into their share prices