Business articles for beginners
Практикум содержит ряд статей, освещающих различные сферы, что способствует более широкому погружению в язык. Также к статьям прилагается набор заданий, позволяющий закрепить и практиковать лексику, использованную в тексте. Рекомендовано для направления «Менеджмент» профиль 38.03.02 (бакалавриат).
- 658: Организация производства. Экономика предприятий. Организация и техника торговли
- 811111: Английский язык
- ВО - Бакалавриат
- 38.03.02: Менеджмент
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МИНИСТЕРСТВО ТРАНСПОРТА РОССИЙСКОЙ ФЕДЕРАЦИИ ФЕДЕРАЛЬНОЕ ГОСУДАРСТВЕННОЕ БЮДЖЕТНОЕ ОБРАЗОВАТЕЛЬНОЕ УЧРЕЖДЕНИЕ ВЫСШЕГО ОБРАЗОВАНИЯ «РОССИЙСКИЙ УНИВЕРСИТЕТ ТРАНСПОРТА (МИИТ)» Кафедра «Международный бизнес» А. А. Дорошенко Business articles for beginners Практикум Москва – 2018
МИНИСТЕРСТВО ТРАНСПОРТА РОССИЙСКОЙ ФЕДЕРАЦИИ ФЕДЕРАЛЬНОЕ ГОСУДАРСТВЕННОЕ БЮДЖЕТНОЕ ОБРАЗОВАТЕЛЬНОЕ УЧРЕЖДЕНИЕ ВЫСШЕГО ОБРАЗОВАНИЯ «РОССИЙСКИЙ УНИВЕРСИТЕТ ТРАНСПОРТА (МИИТ)» Кафедра «Международный бизнес» А. А. Дорошенко Business articles for beginners Практикум для студентов направления «Менеджмент» профиль 38.03.02 (бакалавриат) Москва – 2018
УДК 658 Д 69 Дорошенко А.А. Business articles for beginners. – М.: РУТ (МИИТ), 2018. - 58 с. Практикум содержит ряд статей, освещающих различные сферы, что способствует более широкому погружению в язык. Также к статьям прилагается набор заданий, позволяющий закрепить и практиковать лексику, использованную в тексте. Рекомендовано для направления «Менеджмент» профиль 38.03.02 (бакалавриат). © РУТ (МИИТ), 2018
ARTICLE 1 European Central Bank Stops Printing 500-Euro Banknote The European Central Bank has announced that it will stop producing the 500-euro banknote. It has become popular among money launderers, drug traffickers and terrorists, who move large amounts of money in small bags or briefcases. The banknotes that are in circulation now can continue to be used, but they will slowly be exchanged for smaller bills. The 500- euro banknote will be phased out completely by 2018. It can be exchanged at national central banks of EU states at any time after this date. Such large banknotes are not so popular in many countries. In the United States, the largest banknote is the $100 bill. After World War II the US stopped producing $500 and $1000 bills. Money experts welcome the decision by the EU's main banking authority. They say that with smaller banknotes criminals will find it more difficult to handle large amounts of money without being noticed. 500-euro banknotes are not used very much in everyday life. While many people are afraid of losing them, some shops
do not even accept them. The 500-euro banknote accounts for 30% of the value of all euro banknotes but only 3% of all paper euros in circulation. The discussion about large banknotes has been going on for a long time. Especially after the terrorist attacks in Paris and Brussels many experts have called for a ban of large bills because terrorists may use them to pay for their activities. While there are many illegal ways of hiding and transferring money, using cash is among the most popular. 1) Explain the meaning of the following words and phrases: To announce To produce Money laundering To be in circulation To ban 2) Define the following statements as true or false 1. Large banknotes are very popular among shopkeepers and citizens. 2. Decision that had been made by authorities was welcomed by experts. 3. Large banknotes are widely used by criminals.
3) Answer the questions. 1. What was the topic of the article? 2. What was decided upon the problem? ARTICLE 2 About the Panama Papers More than 11 million secret documents of a law firm in Panama have been leaked to the German Süddeutsche Zeitung. The documents, nicknamed the Panama Papers, reveal how thousands of politicians, celebrities, athletes and other wealthy people around the world use tax havens to hide their money. 2.6 terabytes of information were secretly given to journalists of the German newspaper last year. They then started investigations, working through the documents with journalists from other countries. The Panama Papers are the biggest leak in journalism in history, much larger than what was published by WikiLeaks some years ago. There are several world leaders who are suspected of being involved in the money scandal, including Russia's Vladimir Putin and Britain's Prime Minister David Cameron, who admitted that he profited from an offshore account set up by his father. A number of Chinese politicians are also supposedly involved in the scandal.
Only a few days after the news was released Iceland's Prime Minster resigned from office after the public found out that his wife owned an offshore account. The Panamanian offshore law firm Mossack Fonseca is at the center of the scandal. Representatives from the company have announced that it has never done anything illegal. It is not known who gave the documents to the German newspaper. Many rich people around the world put their money into tax havens where there is little or no tax to pay. These are mostly countries that do not share tax information with other countries. Banks help their customers hide their money in such secret offshore accounts. According to the journalists' investigations, over $2 billion have been secretly funneled through banks in the past 40 years. While setting up an offshore account is not against the law, some companies use it for illegal activities like laundering money, evading taxes or drug trafficking. 1) Explain the meaning of the following words To leak Wealthy people Tax havens To put money into To funnel
2) Define the following statements as true or false 1. Lots of secret information has leaked to journalists. 2. Several world leaders were suspected in growing eggplants abroad. 3. There wasn’t any investigation. 3) Answer the questions. 1. What was the topic of the article? 2. What was revealed? ARTICLE 3 Robert Mugabe to nationalise Zimbabwe's diamond industry Robert Mugabe, Zimbabwe's 92-year old president, has announced that the African country will nationalise its diamond mining industry. Mugabe has accused foreign mining companies of stealing billions of dollars in revenue. A government-based department will now take control of the country's diamond mines because foreign companies cannot be trusted with giving Zimbabwe its fair share of profits. Zimbabwe is one of the world's largest diamond producers and the eighth largest exporter of diamonds. The country's largest mine, the Marange fields, produces about 10% of the world's diamonds. Mining diamonds, and other minerals,
such as platinum and chrome is by far the largest source of income for the poor African country. In the last few years Zimbabwe has only received about $2 billion out of the industry's estimated profits of $15 billion. Now, the government has ordered foreign mining companies to stop their production and leave the mines immediately. Foreign mining companies that operate in Zimbabwe have gone to court to protest and fight against Mugabe's decision. Nationalising mines will especially hurt China, which has invested billions in the mining industry. Foreign mining companies cannot operate alone in Zimbabwe but together with local companies. Mining experts are not sure whether Zimbabwe can produce its diamonds without foreign help. They lack the capital and technology to do so effectively. On the other side the country's economy has been struggling for many years. Foreign companies are not willing to invest any more because of Zimbabwe's unstable political situation. Robert Mugabe has ruled the country for three and a half decades and has left no doubt that he is still in control.
1) Explain the meaning of the following words To nationalize Mining industry To produce To operate To be willing 2) Define the following statements as true or false 1. Zimbabwe is one of the eighth largest exporters of Vibranium. 2. It was decided to nationalize mining industry 3. Zimbabwe suffers lack of capital and technology to continue mining on their own 3) Answer the questions. 1. What was the topic of the article? 2. What happened with Zimbabwe’s mining industry? ARTICLE 4 Starbucks To Open First Store in Italy The American coffee shop chain Starbucks has announced that it will open its first store in Italy at the beginning of 2017. Starbucks has always been very careful about opening shops in Europe, where drinking coffee has a big tradition.