English for Masters in Economics. Маркушевская Л.П - 27 стр.

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3. может определяться наречием:
Always telling a lie was a bad habit of his.
Всегда говорить неправду было его плохой привычкой.
Как существительное герундий обладает некоторыми именными
свойствами:
1. в предложении может выполнять функции подлежащего, имен-
ной части сказуемого, дополнения, обстоятельства и определения:
Smoking is forbidden here.
Курение здесь запрещено.
His hobby is gardening.
Его любимое занятие – садоводство.
I like riding on trains, especially at night.
Мне нравится ездить поездом, особенно ночью.
Неwasindangerofcoming late.
Он боялся опоздать.
2. может определяться притяжательным местоимением или сущес-
твительным в притяжательном падеже:
I hate his interfering with my business.
Я терпеть не могу его вмешательства в мои дела.
3. ему может предшествовать предлог:
She was good at sewing.
Ей удавалось шитье.
Вышеприведенные именные свойства герундия отличают его от
причастия:
подле-
жащее
именная часть
сказуемого
допол-
нение
обстоятель-
ство
опреде-
ление
Gerund + + + +
on, upon
+
of, for
Participle _ _ _ +
when, while
+
27
What is Market
This is very difcult to dene. Broadly speaking, there are three ways
of describing a market. Firstly, it can be the physical (geographical) place
where goods or services are sold; for example, Malaya is a market. Secondly,
a market is also the actual demand for a specic product or service. Thirdly,
it can be the set of conditions which determines the price of a product or
service. For example, you could say that the market for personal stereos is
Јx million per year.
The most commonly accepted denition of a market identies a group
of people with needs, what their purchasing power is and what their buying
behaviour is. A further renement is that this market is not just existing cus-
tomers but should include those who are potential customers.
Task 1. Answer the following questions.
1. How is a market chosen by a business?
2. What may the business be looking for in the market?
3. Howdoesabusinessdenetheparametersofmarket?
4. How can a business match its product or service to the demand of
the market?

1. Target
2. Customer
3. Concept
4. Identication
5. Business
a. an idea, especially an abstract idea.
b. trade or profession.
c. axedgoalorobjective.
d. a person who buys.
e. a shop that sells a particular merchandise.
f. somethingthatidentiesapersonora
thing.
Task 3. Explain in your own words such terms as «
market-oriented
«product-orientedmarkets and submarkets
Task 4. Topics for discussion.
1. Whatmustyoudotoensurethatyouaremarket-oriented?
2. Howdoyouunderstandthe«market»?Deneitinyourownwords.
What are the «Pros and Cons» to sell your product on the market?