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Exercise 5.




a) Make a speech in favour of modern electronic equipment (personal computers, electronic printing aids). Why can't a modern enterprise do without them?

b) You are the Head of a firm producing computers. Advertise your product.

Grammar Exercise. Transform the sentences from Future Indefinite into Future-in-the-Past.

Model: The accountant says that she will prepare the financial statement very soon. The accountant said that she would prepare the financial statement very soon.

1. He confesses that their business will fail.

2. The government says that they will increase the taxes.

3. The secretary says that she will get credit reference letter in two days.

4. The lawyer states that the company won't be eligible for a loan.

5. He is sure that he will get a credit.

6. They suppose that the new product will be not so expensive.

7. He thinks he will buy the stove in the discount house.

8. He is happy that he will go on this business trip.

LESSON 15

INTERNATIONAL BUSINESS

Text

The international corporation or global company has its origin. Usually it is thr outgrown of the great trading companies of the 17th and 18th centuries. In 1811 a New York statute said corporations could be created by the filing of documents. After that it became a matter of bureaucratic operations to become a corporation. By 1850 it was a very common thing in the United States and was under general statute in European countries as well. Since-that time the corporate movement began. As the jet plane, satellite communications and computers began, it became possible for a company to control business in all the world.

The growth of international corporates operations is faster than the economic growth of the industrialized nations. There are some projects which predict that within a generation almost a half of the free words production will be internationalized.

This trend for internationalism presupposes some benefits such as new jobs, higher living standards and the closing of the gaps between people - economic, educational and technological. At the same serious questions can be asked. Is it the most efficient way to use world researches? Can the international corporation be the best force for a better world? Is it politically stronger than government? Can it take care of the self interest and competitiveness on behalf of the greatest good? And in what way |can the global company work toward easing the worlds crises - monetary, political, energy and food?

 


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