2020-04-12
978
As a rule a private company has only one director.
Apublic company must have at least two directors.
Usually there is no upper limit on the number of directors a public company may have. The company's note-paper must list either all or none of the names of its directors.
A limited liability company or a corporation is headed by the board of directors elected by shareholders. The directors appoint one of their number to the position of managing director to be in charge of the day-to-day running of the company. In large organizations managing director is often assisted by a general manager. Some companies also have assistant general managers. Many directors have, deputies who are named deputy directors.
Directors need not be shareholders. They are responsible for the management of a company's affairs. They are not subject to any residence or nationality restrictions.
Big companies have many managers heading departments. They are all responsible to the managing director. Among varions departmental managers the following can be mentioned:
• sales manager
• personnel manager
• chief manager
• district manager
• sales and marketing manager
• industrial engineering manager
etc.
Exercises:
№ 1. Find the answers to the following questions in the text:
1. How many directors can a private company have?
2. Who heads a limited liability company?
3. How is managing director appointed? What are his duties?
4. What is the deputy manager?
№ 2. Fill in the words used in the text:
In large organizations managing director is of ten … by a general manager.
A … company must have at least two directors.
They are not subject to any … or nationality restrictions.
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№ 3. Sum up what the text says about:
directors of private companies
directors of public companies
managers
assistants and deputies
Тема: “Секретари”.
Words:
| executive to require to suit to qualify officer enquiry accounts to handle message | руководитель требовать устраивать квалифицировать служащий, должностное лицо запрос счетоводство, отчётность иметь дело сообщение | to entertain customer to supply associate to appoint to arrange to invite equipment to reply | развлекать клиент, покупатель поставлять партнёр, компаньон назначать устраивать приглашать оборудование отвечать |
Text:
SECRETARIES
There are two types of secretaries: company secretaries and private secretaries of executives.
Every company, both in Great Britain and the United States, is required, under the law, to have a company secretary.
In the case of private companies the directors are free to appoint any suitable person for this position. But in the case of public companies the company secretary must be a properly qualified person, a member of a recognised institute or association. He or she may be one of the directors of the company. But if the company has only one director, the director cannot also be the secretary.
The company secretary is the chief administrative officer of the company. He or she is normally responsible for the company, to comply with company law.
The correspondence of the company secretary is particularly concerned with shareholders' meetings, board meetings and various forms that must be sent outside. The company secretary may also deal with enquiries for information concerning other firms, although the accounts department often handles these matters. Administrative questions come into the sphere of the company secretary, under instructions of the board of directors.
As to private secretaries of executives they are practically personal assistants of executives. A secretary answers telephone calls, receives messages and makes telephone calls on the instruction of her boss.
A secretary also helps in organization of meetings and conferences, entertainments of visiting customers, suppliers and other associates of the firm. She also deals with all the correspondence of her boss.
Secretaries write letters on making appointments or travel arrangements, letters of introduction, congratulation or condolence, invitations and replies to invitations.
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Secretaries use various office equipment, like microcomputers, fax machines, photocopying machines and others.
Exercises:
№ 1. Answer the questions using the text:
What types of secretaries do you know?
What must be a company secretary in the public company?
What are the duties of the private secretary?
№ 2. Complete the following sentences as in the text:
There are two types of secretaries ….
In the case of private companies ….
But if the company has only one director ….
Secretaries write litters ….
As to private secretaries of executive ….
№ 3. Sum up what the text says about:
company secretaries
private secretaries
“Внутреннее производство и цена”.
Тема: “Производство”.
Words:
| domestic production price report executive record figure strike to increase target to manage to reach to rise (rose, risen) reason major maintenance to take turns | внутренний производство цена отчёт, сообщение, доклад должностное лицо, руководитель данные цифра забастовка увеличивать цель, задание справляться, суметь достигнуть подниматься, увеличиваться причина крупнейший обслуживание, эксплуатация делать что-либо по очереди |
Text:
PRODUCTION
Very often newspapers, journals and other publications and speeches give information on production of goods.
Here is a report of a big English radio company executive at a conference:
Well, ladies and gentlemen, it has been a very difficult year for us. We've had difficulties in production and our production record this year is not good. These are the figures:
At the start of the year all our factories had been on strike for two months; the strike finished on January 29th, so in January we produced only two hundred radios.
Production started slowly because of continued one - day strikes; in February we produced twenty eight thousand radios.
Then the production figures increased every of the three months. In May we reached target figure of one hundred and forty thousand radios and in June we managed to produce one hundred and forty nine thousand radios. This last figure is the best production figure we have ever reached.
Then we had the two-week factory holiday at the beginning of September, which accounts for the figure of eighty thousand radios for that month
In October production rose to one hundred and twenty thousand- and then, for reasons beyond our control, we had our second major strike of the year. Some workers continued working, and others, mainly the engineers and maintenance people, took turns in staying away.
In November we produced only one hundred thousand radios and in December ninety thousand. So our production figures for last year were, I am afraid, not very good.
Exercises:
№ 1. Find the answers in the text:
Who made the report?
How did he characterize the year in general?
How did the year start?
What was the result in May?
How did the situation change in September?
How did the year end?
№ 2. Write down the production figures for every month mentioned in the
text, as in the model:
| In January they produced 200 radios. |
Тема: “Валовой внутренний продукт ”.
Words:
| Gross Domestic Product amount to calculate manufacturing science leisure oil agriculture to define trade to account for to satisfy needs to engage to earn | валовой внутренний продукт сумма подсчитывать обрабатывающая промышленность наука досуг нефть сельское хозяйство определять торговля составлять удовлетворять потребности заниматься зарабатывать |
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