Курс предназначен для широкого круга лиц, стремящихся в максимально короткие сроки овладеть основами делового общения в типичных ситуациях, и содержит достаточное количество информации, необходимой для деловой корреспонденции. By Alison Baduel

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Answers to Vocabulary Exercise




The economy is stable following the problems of the past two years. By following a tight monetary policy the government has reduced the interest rate to 2%. After going up dramatically, the inflation rate to 8%. The last six months has seen a slight improvement in the exchange rate against the dollar. The GDP has grown by .15%. Exports are increasing and the balance of trade is starting to look much healthier. The unemployment rate continues to be a problem as it is still at 16%. In order to stimulate the economy and attract foreign investment the government is offering new tax incentives as well as making a renewed effort to reduce government bureaucracy. Finally, a large skilled labor force means there could be attractive investment opportunities over the next five years.







Homework Assignment

Try to answer the following questions about Ukraine.

  1. What is the population of Ukraine?

  2. What is the population of Berdyansk?

  3. How many people study at ARIU?

  4. What is the average salary in Ukraine?

  5. What is the inflation rate in Ukraine?

  6. What is the interest rate for savings in Ukraine?




Interesting International Facts (data as of the year 2000)

Biggest cities in the world (population in millions):

1st Tokyo, Japan- 26.4

2nd Mexico City, Mexico-18.1

3rd Lagos, Nigeria-13.4

Oldest populations (% aged over 65):

Italy-18.2%

Sweden-17.4%

Belgium- 16.7%

Computers per 100 people:

United States 45.5

Switzerland 42.1

Australia 41.1

Cars per 1,000 people:

Lebanon 732 (268 people without cars)

Italy 539 (461 people without cars)

Germany 506 (494 people without cars)







Lesson 6: English Grammar Exercise

When,While, Before, After, Until, As Soon As”

Exercise A: Fill in the blanks below using the word(s); when, while, before, after, until,


as soon as.

1) Don’t make a decision ____ we’ve seen the report.

2) I’m meeting with Angela this afternoon. Send her up _____ she arrives

3) Let’s sort out this problem _____ she gets here.

4) I’m going to fly out to Paris tomorrow. I’ll phone you ______ I get there.

5) Will you type this report for me _____ I am away.




Case Study




Company Name: Marcia Lee Jeans




Company Information: Marcia Lee Jeans is a company that is based in NY. It is a brand that is well known in the U.S. The jeans sell in the upper price ranges and appeal to fashion conscious people aged 15-40. They are distributed in major department stores throughout the country. At present, the jeans are made in the U.S. by a number of factories on the East coast, none of which are owned by the company. Competition in this segment of the market is strong, so the company has to keep costs as low as possible in order to remain profitable. In the next 10 years, the company plans to expand in Europe and Southeast Asia so that it becomes a global company. To do this, it has decided to build its own factory in an overseas country. The factory will have approximately 2,000 workers who will produce the jeans. These workers will be recruited locally. Denim, the raw material which is used to make jeans will be imported from several countries. The company is considering two countries as a location for their new factory. Based upon the information you have about the two countries, which country do you think is the best place for the new factory to be located in?





Country A


Economy

Growth Rate: 2% a year

Inflation Rate: 5%

Interest Rate: 10%-15%

Unemployment Rate: 25%-30%

The country has a lot of debt and is

Trying to modernize its economy.


Transport

Good rail and network but poor roads

New international airport

Main seaport is in poor condition


Labor

Unskilled labor available. A lot of training

Will be needed for jeans production.

No unions in most industries

Wage rates very low


Comments

The country has a military government.

Bribery is common. Political problems: people

In the North want to become an independent

state. The government will contribute 30%

towards the cost of a new factory.



Country B


Economy

Growth Rate: 1.5%

Inflation Rate: 0.5%

Interest Rate: 8%-10%

Unemployment Rate: 3%


Transport

Has a fully integrated road and rail

network

International airport

No seaport


Labor

Not a lot of skilled labor available

Strong unions

Wage rates are high


Comments

The country has a stable government.

It is a member of a large trading group.

There are strict new laws on pollution.

There are no tax incentives for building

new factories. Business tax is very high.



Lesson 7