Ex. 27. Say if the sentences are true or false. Correct the false ones.

1. As a rule a private company has at least two directors.

2. Outstanding managers are rather common.

3. Managing is a hard work, for there is a lot to be done and little time to do it.

4. The term “director” is used more frequently in profit-making organizations.

5. There are no other qualities but superior technical and managerial skills which a manager must

possess.

6. At the turn of the century the business manager’s objective was to consider the environment in

which the organization operated and appreciate the current issues of the total economic,

political, social, and ecological system in which the society lived.

7. A corporation is headed by board of directors elected by shareholders.

8. Managers are those people who are responsible for making and carrying out decisions within

the system.

9. The role of the manager today doesn’t differ from what it was one hundred years ago.

Ex. 28. What is a manager responsible for? Fill in the bubbles.

Ex. 29. Here are the answers to some questions about the text. What are the questions?

1. Much knowledge of economics and business.

2. In profit-making organizations.

3. By board of directors.

4. Managing people, marketing management and financial management.

5. Only one director.

6. A combination of desirable personal qualities.

7. The environment in which the organization operates.

8. Planning, organizing, directing and controlling.

9. To the managing director.

10. By communicating them to the people who are responsible for various jobs.

11. At the turn of the century.

12. “Director”, “administrator” and “president”.

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