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1) 1 April, 2006.
2) Yours sincerely
Mrs. Nikki Roberts
Office Manager.
3) Dear Sir.
4) Bay Plaza Hotel
30-35 Oriental Parade
Wellington
New Zealand.
5) Mrs. Nikki Roberts
288-10th Street
San Francisco, Ca 94121
U.S.A.
Варіант № 6
1. Translate the marked part of the text:
(1) Businesses play a vital role in our lives. We depend on them not only for our livelihood, but also for the goods and services we use in our daily lives. Nearly everything we own and use – from our food and clothing to our automobiles and homes – is produced by businesses.
(2) A business firm is an organization that brings together the factor of production – natural resources, capital goods, and labour – for the purpose of producing and distributing goods and services. Business firms purchase the factors of production, transform them into goods and services, and sell the goods and services to consumers and other firms. For example, a furniture-manufacturing firm purchases lumber and equipment from other firms and labour in the form of its employees. It then uses these resources to produce furniture, which is sold to consumers and to other business firms.
(3) One of the major characteristics of business firms is specialization and division of labour. Workers are trained in specific tasks and perform only a small part of the production process. For centuries, people have been aware of the advantages of specialization and division of labour. Even when early households produced many of their own basic necessities, at least some goods and services were produced by specialized workers outside the household. Today, most commodities are produced by outside business firms.
(4) Specialization and division of labour result in increased efficiency in the production process. Economists refer to the savings resulting from this increased efficiency as economies of scale. Economies of scale occur when a large volume of output can be produced at a lower cost per unit than can a small volume of output.
2. Read the text and choose the correct answer:
1) What is the major characteristic of business firms?
a. The major characteristic of business firms is profit.
b. The major characteristic of business firms is specialization and division of labour.
c. The major characteristic of business firms is economies of scale.
2) When do economies of scale occur?
a. Economies of scale occur when a large volume of output can be produced at a lower cost per unit than can a small volume of output.
b. Economies of scale occur when a large volume of output can be produced at a higher cost per unit.
c. Economies of scale occur when a large volume of output can’t be produced at all.
3) What do workers perform?
a. Workers perform nothing.
b. Workers perform all tasks.
c. Workers perform only a small part of the production process.
4) What do business firms purchase?
a. Business firms purchase the factors of production.
b. Business firms purchase only goods.
c. Business firms purchase households.
5) What role do businesses play in our lives?
a. Businesses play a poor role in our lives.
b. Businesses play a vital role in our lives.
c. Businesses do not play any role in our lives.
3. Read the text again and find the word that means:
1) Goods such as machinery, equipment etc, used by businesses to produce other goods (p.2).
2) The advantages that a big factory shop etc has over a smaller one because it can spread its fixed costs over a large number of units and therefore produce or sell things more cheaply (p.4).
3) The act of buying smth (p.2).
4) The amount of goods or services produced by a person, machine, factory, company etc (p.4).
5) Work involving a lot of physical or mental effort (p.3).
4.Fill in the gaps with the appropriate words:
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1) A … is a contact in which a franchisor sells to another business the right to use its name and sell its products.
2) They put an … in The Morning News, offering a high salary for the right person .
3) … are costly and complicated to organize.
4) The Fed attempted to manage an economic soft landing by gradually lowering … .
5) Last year, Japan invested 23,4% of its GDP in new factories, machinery and other … .
6) We are in … to create profit.
7) House … is the biggest decision that most people make.
8) We need an experienced … to pull the department together.
9) The plant employs around 7000 staff and has annual … of around three million metric tons of steel.
10) There is always a … that the supplier will go out of business before the order is delivered.
5. Choose the correct form of the verb:
1) The bulk of the sales growth is in export markets, which is very healthy and … us on our toes from a competitiveness point of view.
a. keeps b. kept c. had kept.
2) The firms US partners … of the planned cuts last week.
a. have been informed b. were informed c. are informed.
3) She … for six years.
a. has been trading b. is tradin c. traded.
4) They … the house next year.
a. sell b. have sold c. will sell.
5) Our team … by another teacher next year.
a. will teach b. have been taught c. will be taught.
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