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6) The only solution may be to obtain a quotation on the Stock Exchange.
7) The shareholders may be getting substantial benefits from it.
Ex.7. Comment on the following statements:
1) Differences between private and quoted companies.
2) Main reasons why companies obtain a quotation.
3) Possible reasons for disagreeing between company`s shareholders.
4) Possible reasons for refusal to obtain a quotation.
Ex.8. Find in the text the English equivalents for:
держатели акций ; фондовая биржа; расширять дело / бизнес; получить большой
заём; увеличить долг; создавать ; приостанавливать ; приносить существенную
выгоду; торговые издержки.
Ex.9. Role play. Work in groups of 5. Study the problem. Each person plays one of the
roles described below.
Problem:
Tom has been with the department store for two years. As a management trainee, he
has spent a lot of time working in the different departments of the organization. For the
past month, he has been helping out in the jewellery and giftware department. As part
of his training program, he has also attended a number of seminars on management.
Tom is considered to be a promising employee who has the makings of a first-class
manager. He is 18 years old.
When the management found out that Tom had taken some rings from the jewellery
department, they were shocked. However, they decided to ask the personnel manager,
Sheila, to see Tom and get his story. This is the story that Tom told her.
Tom and his sister live with their 55-year-old mother. The family has always been
poor. The father died when the children were very young. Their mother has earned a
living by working as a waitress and doing office-cleaning jobs. Naturally, she was
delighted when Tom got such a good job at the store. Life became a little easier for
them all.
But a few months ago Tom’s mother developed a painful cyst on her left leg. At times
she could hardly walk. The operation she required was not serious, but she was told
that it might be weeks before she could get a place in hospital.
Time went by. Tom could not bear to see his mother in such pain. He telephoned the
doctor. “How much will the operation cost if it’s done privately?”, he asked. “About
₤500”, was the answer.
Tom couldn’t raise so much money. Then a young friend who worked on a newspaper
suggested this strange scheme. Tom should “borrow” some jewellery from the
departmental stock but he must keep it safe and not sell it. When the management
discovered that the jewellery was missing, Tom should tell them the whole story. After
that, his friend could write a newspaper article about Tom. It would be about a boy
5 6) The only solution may be to obtaina quotation on the Stock Exchange. 7) The shareholders may be getting substantial benefits from it. Ex.7. Comment on the following statements: 1) Differences between private and quoted companies. 2) Main reasons why companies obtain a quotation. 3) Possible reasons for disagreeing between company`s shareholders. 4) Possible reasons for refusal to obtain a quotation. Ex.8. Find in the text the English equivalents for: держатели акций; фондовая биржа; расширять дело/бизнес; получить большой заём; увеличить долг; создавать; приостанавливать; приносить существенную выгоду; торговые издержки. Ex.9. Role play. Work in groups of 5. Study the problem. Each person plays one of the roles described below. Problem: Tom has been with the department store for two years. As a management trainee, he has spent a lot of time working in the different departments of the organization. For the past month, he has been helping out in the jewellery and giftware department. As part of his training program, he has also attended a number of seminars on management. Tom is considered to be a promising employee who has the makings of a first-class manager. He is 18 years old. When the management found out that Tom had taken some rings from the jewellery department, they were shocked. However, they decided to ask the personnel manager, Sheila, to see Tom and get his story. This is the story that Tom told her. Tom and his sister live with their 55-year-old mother. The family has always been poor. The father died when the children were very young. Their mother has earned a living by working as a waitress and doing office-cleaning jobs. Naturally, she was delighted when Tom got such a good job at the store. Life became a little easier for them all. But a few months ago Tom’s mother developed a painful cyst on her left leg. At times she could hardly walk. The operation she required was not serious, but she was told that it might be weeks before she could get a place in hospital. Time went by. Tom could not bear to see his mother in such pain. He telephoned the doctor. “How much will the operation cost if it’s done privately?”, he asked. “About ₤500”, was the answer. Tom couldn’t raise so much money. Then a young friend who worked on a newspaper suggested this strange scheme. Tom should “borrow” some jewellery from the departmental stock but he must keep it safe and not sell it. When the management discovered that the jewellery was missing, Tom should tell them the whole story. After that, his friend could write a newspaper article about Tom. It would be about a boy
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