Прочитайте незнакомые слова перед прослушиванием текста

break even - не приносить ни прибыли, ни убытка

throw in – добавлять, вставлять

2. Прослушайте текст «Street Market» (для прослушивания кликните один раз на приведенную ниже ссылку, удерживая клавишу «Ctrl», после загрузки страницы нажмите на кнопку проигрывателя).

Ссылка для прослушивания: http://esl-lab.com/flea/fleard1.htm

Выберите правильный вариант ответа.

1. Why did the man not buy the ring for sale?

A. He doesn't think it is very special

B. Someone else bought it before him

C. He has no need for a ring

D. The ring is too small

2. What is the problem with the CD player?

A. The buttons are scratched

B. The CD casing is chipped

C. The handle is damaged

D. The display is loose

3. The man is not interested in the leather jacket because:

A. it is stained
B. he already has one

C. its too expensive
D. the seams are coming undone

4. What is the customer's initial counter offer for the records?

A. $25

B. $28

C. $30

D. $35

5. From the conversation, what does the customer probably purchase from the merchant in the end?

A. only records

B. only a vase

C. some records and a vase

D. nothing

Выразите свою точку зрения.

1. What is a market? What other meanings does this word have?

2. What is market economy? Is Russia a market economy?

3. Imagine you are a product manager of a fast food company. Your company possesses 5% of the fast food industry market share. What can you do to increase your market share?

При ответе используйте фразы:

Unit 5

Part 1

Прочитайте и переведите текст.

Budget

The process of calculating the costs of starting a small business begins with a list of all necessary purchases including tangible assets (for example, equipment, inventory) and services (for example, remodeling, insurance), working capital, sources and collateral. The budget should contain a narrative explaining how you decided on the amount of this reserve and a description of the expected financial results of business activities. The assets should be valued with each and every cost. All other expenses are like labour factory overhead all freshmen expenses are also included into business budgeting.

The budget of a company is often compiled annually, but may not be. A finished budget, usually requiring considerable effort, is a plan for the short-term future, typically one year. While traditionally the Finance department compiles the company's budget, modern software allows hundreds or even thousands of people in various departments (operations, human resources, IT, etc.) to list their expected revenues and expenses in the final budget.

If the actual figures delivered through the budget period come close to the budget, this suggests that the managers understand their business and have been successfully driving it in the intended direction. On the other hand, if the figures diverge wildly from the budget, this sends an 'out of control' signal, and the share price could suffer as a result.

A budget is a fundamental tool for an event director to predict with reasonable accuracy whether the event will result in a profit, a loss or will break-even. A budget can also be used as a pricing tool.

There are two basic approaches or philosophies when it comes to budgeting. One approach focuses on mathematical models, and the other on people.

The first school of thought believes that financial models, if properly constructed, can be used to predict the future. The focus is on variables, inputs and outputs, drivers and the like. Investments of time and money are devoted to perfecting these models, which are typically held in some type of financial spreadsheet application.

The other school of thought holds that it’s not about models, it’s about people. No matter how sophisticated models can get, the best information comes from the people in the business. The focus is therefore in engaging the managers in the business more fully in the budget process, and building accountability for the results. The companies that adhere to this approach have their managers develop their own budgets. While many companies would say that they do both, in reality the investment of time and money falls squarely in one approach or the other.