B) Rewrite the sentences in the passive.



 

1. They won't take a decision until the next meeting.
     A decision .......... until the next meeting.

     a) won't be taken            b) will be taken

 

2. We will deliver the goods immediately.

 The goods..........immediately.

a) will deliver               b) will be delivered

 

3. You can cancel the contract within five business days.
 The contract ......... within five business days.

a) can be cancelled        b) will be cancelled

 

4. The employees are improving the situation.

The situation .........by the employees.

a) is improving               b) is being improved

 

  5. The committee will not announce the decision until next week.

The decision......... by the committee until next week.

     a) won't  be announced b) will not announce

 

 

1 2 3 4 5
         

 

 

VIII. Underline the correct words.

1If  I give you a lower price, I lose / will lose money. 

2. I would save / will save a bit more money, If I were you.

3. If you go / will go to a competitor, I won't be happy.

          

IX. Translate the sentences from English into Russian

1  Fiscal policy regulates the functioning of the tax system and government

spending. Both affect economic growth.

2.  A progressive taxation system operates in many countries of the world.

The more money a person earns the higher the tax he pays.

3.  Government spending can affect economic growth through the so-called

multiplier effect.

4.  Monetary policy involves making changes to the interest rate and

controlling the money circulating in the country.

X. A. Read this text

What are Mergers and Takeovers

               

   Merger is the combination of two or more companies into a single

 corporate  entity that often takes on a new name. Mergers enable the companies

 to share the resources and to increase the level of their strength. In some

 instances, mergers , mergers take place in order to expand the business

operations towards a different region.

  There are many advantages that the companies gain through mergers such

as increase in the sales revenue and market share in the industry, increase in tax

efficiency. Further, mergers reduce the cost, increase the profits and increase the

shareholder’s value in both merged companies. Takeover or acquisition is a

combination in which one firm, the acquirepurchases and absorbs the operation

of another firm , the acquired.

Usually  in a takeover, a larger company is acquiring a smaller company. The acquisition takes place with the motive of increasing the market share and   to increase the level of company performance with the acquired resources to  the company .

 Merger is an integration between two or more firms in order to expand the business operations. Takeover means the acquiring of a company in order to increase the market share of the business. Mergers are primarily practiced by the companies to reduce the risk of entering into a new market place. Takeover is a strategy used to expand the market share of the  company and most often large companies acquire small companies.

Mergers and takeovers have been a part of the business world  for centuries. In today's dynamic economic environment, companies are often  faced with decisions concerning these actions. Through mergers and  acquisitions, a company can develop a competitive advantage and  ultimately increase shareholder value.

 

B. Mark the sentences a) T ( True )

B) F ( False)

C) NG ( Not Given )

1.  There are many disadvantages that the companies get through mergers.

2. Mergers give the companies the opportunity to share the resources and

   to increase the level of their strength.

3. Companies are encouraged to takeover other companies by an investment

bank.             

                

1 2 3
     

 

                 

                         

                                       

 

                                 

Variant №4

I.  Match the words with the definitions.

1. account                 a) an amount of money that a person borrows from a

                                  bank

2. loan                       b) a rise in the number, amount, or degree of something

3. cash                      c) the work done by banks and other financial

                                  institutions

4. delivery                 d) someone who pays money for something

5. mortgage               e) an arrangement in which a bank looks after your

                                  money

6. increase                 f) the process of bringing goods to a place

7. payer                     g) money in the form of notes and coins

8. banking                 h) a legal agreement to borrow money from a bank in

                                  order  to buy a house

 

1 2 3 4 5 6 7 8
               

 

II. Complete each sentence with a word from the box.

                   steps         prices mortgage      output         agreement bonus profitable      competition  

                   

1. When did the two countries sign this …….?

2. ......is how much of the product or service the company produces.

3. In the last few months, ........ has become much tougher.

4. If you want to borrow money to buy a house, you should ask the bank for a……

5. And you get a special ……. if the company’s sales go up by more than 15% in the year.

6. Any bank will want to make sure your business has a good chance of being .......... before giving you a loan.

7. They have high…….compared to their competitors, but the equipment is very high quality.

 8. The current government isn't taking enough ..........  to improve the economy.

 


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