Английский язык. Практический курс для решения бизнес-задач
Шрифт:
Lesson 15
Exercise 2.1. community, 2. fiduciary, 3. constituent, 4. procedure, 5. outcome, 6. expertise, 7. covenant, 8. endorse, 9. bylaw
Exercise 4.fraud, corporate governance, remuneration, stock options, executives, accounts, failed, boards, audit, auditors, credit rating, analysts, SEC, investment banks, deals, checks and balances, reporting, effectiveness, independence, chairman, conflicts of interest, issues, senior, best practice, responsibility, managing risks, accountability, embedded, quality, competence, staff, threat, malfeasance, whistleblowers, procedure, HR, mitigate, ethical, internal, domestic, operate, compliance, scope, discretion, empowerment, approach, values, scheme, principle, accountancy, focus, IT, background, expenses claims, security, controls
Lesson 16
Exercise 2.1. obligation, 2. sensitive, 3. supranational, 4. charity, 5. welfare, 6. litigation, 7. fine, 8. morale
Exercise 4.contribution, operations, employment, staff, downsizing, local content, expenditures, remuneration, statutory, allowance, bribes, corruption, facilitation, integrity, soliciting, dismissed, bidding, target, breaches, behalf, complaint, environmental, emissions, impacts, installations, certification, occupational safety, developing and emerging, competition, procedure, violate, training, completed, guilty, infringed, cartels, fines, fair trading, bids, defense, contested
Lesson 17
Exercise 2.pure competition, perfect competition, cutthroat competition, intense competition, moderate competition, weak competition, price competition, competition for customers, industry competition
Exercise 4. profitability, attractiveness, positioned, superior, leveraging, generic, business unit, low cost, profit, rivals, average, price war, matures, cost advantage, efficiencies, sustain, improves, leapfrog, targeting, segments, attributes, customers, value added, premium, incurred, suppliers, pass along, substitute, imitation, pursuing, narrow, loyalty, bargaining, target, broad-market, sub-segment, compatible, attempts, long term,
Lesson 18
Exercise 2.The following statements are not correct: 2, 3, 5, 8, 9.
Exercise 4.fair, sue, media, governments, stake, major, privatization, investment, risks, players, outbid, investors, favorite, rumored, bid, backing, CEO, decision, analysts, access, replacement, alliance, know-how, equity, partnership, agreement, rights, deal, starting, stock, trading, boost, image, community, treatment, claims, majority, renationalized, stability, property, campaign, unpredictable
Lesson 19
Exercise 2.1. Seed Capital. 2. Startup. 3. First Stage. 4. Second Stage. 5. Third Stage. 6. Mezzanine Financing. 7. Private Placement. 8. Dilution. 9. Due Diligence. 10. Feasibility Study. 11. Equity Stake. 12. Sweat Equity.
Exercise 3.The following statements are not correct: 2, 3, 5, 6, 7, 9.
Exercise 4.agricultural, Apples, advantages, «science parks», attributed, institutions of higher education, hiring, faculty, recruit, cutting-edge, applications, marketplace, funds, equipment, commercialize, rent, fledgling, agglomeration, efforts, core, start up, semiconductor, revolutionized, scholars, founded, resign, manufacture, developed, pattern, outside, offshoots, government, underestimated, relocation, contractor, defence, procurement, highly qualified, rise, frontier, launched, trailblazers, communities, ventures, rewards, entrepreneurs, competing, rival, hierarchies, decentralization, autonomy, hi-tech, VC, IPO
Lesson 20
Exercise 2. repair, renew, retool, refurbish, revamp, revive, restore, refresh, refit, rehabilitate, recover, renovate, rationalize, reshape, upgrade
Exercise 3. 1. Crown Jewel. 2. Golden Parachute. 3. Greenmail. 4. Killer Bees. 5. Lobster Trap. 6. Maiden. 7. Nancy Reagan Defense. 8. Pac Man. 9. Parking. 10. Poison Pill. 11. Raider. 12. Safe Harbor. 13. Scorched Earth Defense. 14. Shark Repellents. 15. Stripper. 16. Suicide Pill. 17. White Knight.
Exercise 4. corporate finance, due diligence, shareholder value, swap, entity,
Lesson 21
Exercise 2.1. bull market, 2. current account, 3. default, 4. emerging markets, 5. globalization, 6. International Financial Corporation, 7. monetary policy, 8. systemic risk, 9. World Bank.
Exercise 3.
Counterparty risk – risk that a counterparty to a purchase or sale may fail to discharge his obligations.
Country (sovereign) risk – the hazard that political risk may arise in the country of operations.
Credit (repayment) risk – risk of a payer’s or a borrower’s failure to meet commitments.
Currency (exchange, trading, translation, transaction) risk – the risk, attaching to securities deals denominated in foreign currencies, that unforeseen exchange rate changes may affect balance-sheet value in the home currency or income amounts in the home currency.
Default risk – risk of a counterparty’s failure to make payments or repayments of interest or principal on the due date.
Delivery risk – risk that a party to a deal fails to make the contracted delivery.
Inflation risk – risk of devaluation of assets or incomes because of price hikes.
Interest rate risk – risk of losses because of changes in interest rates.
Liquidity risk – the risk in securities trading that the price of a security may fluctuate excessively owing to the lack of a sufficient volume of trading in the market.