Exercise 1. Match the words and their definitions



1. Management a. the system of money, credit, etc., esp. with respect to government revenues and expenditures;
2. To handle b. the conditions that existed before a particular event happened, and which help to explain why it happened;
3. Marketing c. the control and organization of something;
4. Accounting d. to deal with, have responsibility for or be in charge of;
5. Finance e. the provision of goods or services to meet consumer needs;
6. Background f. the system that measures business activities, processes that information into reports and communicates these findings to decision makers.

Exercise 2. Match the word combinations with the Russian equivalents

1. An array of careers a. планирование рабочего времени;
2. Operational skills b. главный сотрудник по финансовым вопросам;
3. To run a business c. работоспособность;
4. CEO d. ряд карьерных возможностей;
5. CFO e. исполнительный директор;
6. Time management f. управлять предприятием.

Exercise 3. Finish the sentence adding the information from the text

1. Business administration practices apply to almost every organization –….

2. Careers in business administration deal with … .

3. Unlike many business fields business administration provides … .

4. Most business administration degree programs offer the opportunity to….

5.  Common business administration career specialties include … .

6. Success in a career in business administration depends mostly on … .

Exercise 4. Fill in the missing words

Workplace run         CEOs             motivate skills background

1. Business administration … can apply to almost any industry within the business world.

2. Business administration graduates go on to manage stores, offices and warehouses or to become … of major corporations.

3. Most business administration degree programs provide students with broad business administration … .

4. Many people with business administration backgrounds are able to bring to the … a unique mixture of industry-specific abilities.

5. As long as businesses continue to operate, people with business administration backgrounds will be needed to … businesses.

6. Effective leadership tactics include good communication, ethical business practices, ability to … a team, etc.

 

Exercise 5. Answer the following questions

1. What are the organizations business administration practices apply to?

2. What do the careers in business administration deal with?

3. What topics does business administration have to handle?

4. Where can business administration graduates use their management and operational skills?

5. What do common business administration career specialties include?

6. What does the success in a career in business administration depend on?

 

MY FUTURE PROFESSION

I'm a student of Law Department of Brest State University. In the near future I'll graduate from the University and become a professional economist. I'm sure that the profession of an economist is one of the most important nowadays in view of the situation in our Republic.

What makes a good economist? Whatever he does, an economist should have a thorough training in economic theory, mathematics and statistics and our University offers such training. At the University we are taught various general and special subjects, such as Macroeconomics, Microeconomics, Management, Accounting, Marketing, Advertizing, Money and Banking, Economic Theory, Econometrics, Statistics, Computer Science, Philosophy, Business Ethics, Foreign Languages, etc.

An economist needs some knowledge of the world outside his own country because both business and government are deeply involved in the world economy. Some knowledge of political and economic history will help him to expect changes and always look for basic long-run forces under the surface of things.

The profession of an economist is quite diversified. The graduates of our Faculty work at educational institutions, various research centers and laboratories, in industry, business, banks, etc. You may continue your studies at the Post-graduate Courses or Doctorate if you have a desire and abilities to become a scientist or a professor. Scientists in the field of Economics create new theories and models, test their hypotheses and carry out economic researches.

Being employed in industry and business, our graduates work as managers, as an executive manager, a sales manager, a financial manager. Some of us work as accountants. An accountant is one of the most prestigious and widely required professions of an economist in any society. You shouldn't mix an accountant with a book-keeper. While a book-keeper is mostly involved in calculations, like balance sheets, income statements, invoices, an accountant is responsible for designing the financial policy of a company.

Some of us work at the banks, at the Stock Exchange as brokers, others work for the government or are employed by various agencies and by military services.

Knowing the economic laws of the development of the society, economists can solve many problems facing our Republic and I hope I'll manage to make my contribution to this process.

 


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