Exercise 3. Answer the questions

25 26 27 28 29 30 31

1. Do you have plans for international cooperation for your business?

2. What obstacles are there on the way of development of international cooperation in this country?

3. What branches of business will develop fast in the sphere of international cooperation?

4. Do you think that internationalism will help to solve many social problems?

5. What place do you think this country will take in international economy?

Exercise 4. Translate into English.

1. Многие международные корпорации возникли в результате объединения известных компаний.

2. Спутниковая связь способствует развитию международных корпораций.

3. Банк затребовал чеки.

4. Компания просит продления кредита.

5. Обратитесь за кредитом в наш британский филиал.

Vocabulary Practice Exercise 1. Use the structure of themodel to respond the following sentences. Model: Is it basically a Japanese corporation? (Yes) It's basically a Japanese corporation, isn't it? Is the overseas branch open? (No) The overseas branch isn't open, is it? 1. Are many businessmen piling up capital surpluses? (Yes) 2. Is USSR the part of the Common Market? (No) 3. Is the New York bank accepting Russian roubles? (No) 4. Is Britain one of the Common Market countries? (No) 5. Is the company starting a branch in China? (Yes) 6. Is internationalism a modern trend?, (Yes) 7. Is the subject.clear? (No). Exercise 2. Change the sentences according to the model Model: Why would you sell automobiles to a company in Japan? (Tell me, please) Tell me, please, why you would sell automobiles to a company in Japan.

6. Чистая прибыль от продажи этого товара будет очень высокой.

7. Нам необходимо накопить капитал для реконструкции производства.

8. Британская сторона отвечает за пересылку.

Contents

Lesson 1. Types of Proprietorship. 3

Lesson 2. Partnerships 10

Lesson 3. Corporations 17

Lesson 4. The functions of Executive 24

Lesson 5. Line and Staff Positions 32

Lesson 6. Accounting 39

Lesson 7. Corporate Finance. 45

Lesson 8. Banks and Business. 52