Escolar Documentos
Profissional Documentos
Cultura Documentos
1. Socialising
1. The Impact of Culture on Business
2. Telephoning
2. Telephoning across cultures
3. Presentations
3. Planning and preparation
4. Image, impact and making impression
5. The presentation
6. The end of the presentation
4. Meetings
7. Preparation for meetings
8. Participating in meetings
9. Ending the meeting
5. Negotiations
10. Know what you want
11. Getting what you can
12. Not getting what you don’t want
6. Management
13. What is management?
14. Types of managers
15. The management process
16. Management level and skills
7. Companies and organisations
17. Company structure
18. The external environment of organisations
8. Production and products
19. Just-in-time production
20. Products and brands
9. Marketing, advertising, promotion
21. The centrality of marketing
22. How companies advertise
23. The four major promotional tool
10. Market structure and competition
24. Market leaders, challengers and followers
25.Takeovers, mergers and buyouts
26. Profits and social responsibility
11. Money and finance
3
27. A history of money – what makes the world goes round
28. The profits of labour
29. Accounting and financial statements
30. Exchange Rates
12. Banking and taxation
31. Types of banks
32. Opening an account and means of payment
33. Banking – Key words and sentences
34. Taxation and how to avoid it
13. Stock market
35. Stocks and shares
36. Bonds
37. Futures, options and swaps
Glossary
Cheia exerciţiilor
4
Bibliografie
5
1. Socialising
Reading
The following text is about cultural diversity. Read it through once
and decide which of the three statements (A, B or C) given below the
extract offers the most accurate summary.
6
unpopular once it is understood. International managers have it tough.
They must operate on a number of different premises at any one time.
These premises arise from their culture of origin, the culture in which
they are working, and the culture of the organization which employs
them.
In every culture in the world such phenomena as authority,
bureaucracy, creativity, good fellowship, verification and
accountability are experienced in different ways. That we use the
same words to describe them tends to make us unaware that our
cultural biases and our accustomed conduct may not be appropriate, or
shared.
SBU = strategic business unit = unitate comercială, economică
strategică
TQM = total quality management = managementul total al calităţii
JIT = just-in-time = livrare exact la momentul potrivit
CFT = customer first team =
MBO = management by objectives = managementul pe obiective
pay-for-performance = plată pentru munca depusă
human-resource management = managementul resurselor umane
at any one time = în fiecare moment
premises = premise, locaţii
grasp = a pricepe, a înţelege (în text)
accountability = răspundere
bias = tendinţă, orientare
Language Checklist
Cultural diversity and socializing
7
Welcoming visitors
Welcome to …
My name’s …
Arriving
Hello. My name’s … from …
I’ve an appointment to see …
Sorry – I’m a little late / early.
My plane was delayed…
Introducing someone
This is … He/she’s my Personal Assistant.
Can I introduce you to … He/she’s our (Project Manager).
I’d like to introduce you to …
Offering assistance
Can I get you anything?
Do you need anything?
Would you like a drink?
If you need to use a phone or fax, please say.
Can we do anything for you?
Do you need a hotel / a taxi / any travel information / etc.?
Skills Checklist
Cultural diversity and socializing
9
Body language
Language.
Practice 1
Visitor Receptionist
Introduce yourself
Thank assistant.
Reply – offer any other help.
Ask how far it is to station.
Two miles – ten minutes
by taxi.
Offer to book one.
Accept offer – suggest a time.
Promise to do that – say that
SB is free now.
Offer to take him/her to SB’s
office.
11
2. Telephoning
Reading
Many people are not very confident about using the telephone
in English. However, good preparation can make telephoning much
easier and more effective. Then, once the call begins, speak slowly
and clearly and use simple language.
Check that you understand what has been said. Repeat the
most important information, look for confirmation. Ask for repetition
if you think it is necessary.
Remember too that different cultures have different ways of
using language. Some speak in a very literal way so it is always quite
clear what they mean. Others are more indirect, using hints,
suggestions and understatement (for example ‘not very good results’ =
‘absolutely disastrous’) to put over their message. North America,
Scandinavia, Germany and France are ‘explicit’ countries, while the
British have a reputation for not making clear exactly what they mean.
One reason for this seems to be that the British use language in a more
abstract way than most Americans and continental Europeans. In
Britain there are also conventions of politeness and a tendency to
avoid showing one’s true feelings. For example if a Dutchman says an
idea is ‘interesting’ he means that it is interesting. If an Englishman
says that an idea is ‘interesting’ you have to deduce from the way he
says it whether he means it is a good idea or a bad idea.
Meanwhile, for a similar reason Japanese, Russian and Arabs
– ‘subtle’ countries – sometimes seem vague and devious to the
British. If they say an idea is interesting it may be out of politeness.
The opposite of this is that plain speakers can seem rude and
dominating to subtle speakers, as Americans can sound to the British –
or the British to the Japanese.
The British have the tendency to engage in small talk at the
beginning and end of a telephone conversation. Questions about the
12
weather, health, business in general and what one has been doing
recently are all part of telephoning, laying a foundation for the true
purpose of the call. At the end of the call there may well be various
pleasantries, Nice talking to you, Say hello to the family (if you have
met them) and Looking forward to seeing you again soon. A sharp,
brief style of talking on the phone may appear unfriendly to a British
partner. Not all nationalities are as keen on small talk as the British!
Being aware of these differences can help in understanding
people with different cultural traditions. The difficulty on the
telephone is that you cannot see the body language to help you.
Choose the closest definition of the following words from the text.
1. literal
a. direct and clear b. full of literary style c. abstract and
complicated
2. understatement
a. kind words b. less strong way of talking c. clever
speech
3. deduce
a. reduce b. work out c. disagree
4. vague
a. unclear b. unfriendly c. insincere
5. devious
a. rude b. dishonest c. clever
6. pleasantries
a. question b. request c. polite remarks
Language Checklist
Telephoning (1)
Introducing yourself
Good morning, Aristo.
Hello, this is … from …
Hello, my name’s … calling from …
13
Saying who you want
I’d like to speak to … please.
Could I have the … Department, please?
Is… there, please?
Acknowledging repetition
Okay, I’ve got that now.
(Mr. Kyoto) I understand.
I see, thank you.
Skill Checklist
Telephoning: Preparation for a call
Objectives
Who do you want to speak to?
In case of non/availability, have an alternative strategy:
Call back / be called back – when?
Leave a message
Speak to someone else
Write or fax information
Introduction
Do you need to refer to:
A previous call?
A letter, order, invoice or fax?
Someone else (who?)
An event (what? When?)
Prediction
What do you expect the other person to say / ask you? how will you
respond?
Note: If you do not hear or understand the other person, say: I’m
sorry? or I’m sorry, I don’t understand. It is not polite to
say: Please repeat!
16
DATAFILE: The Telephone
This datafile gives you many of the terms and phrases commonly used
in making telephone calls.
The directory
Look up their number in the directory. (UK).
I’ll look up the number in the telephone book. (US).
The number is ex-directory. (UK).
The number is unlisted. (US).
I’ll ring Directory Enquiries. (UK).
I’ll ring information. (US).
The receiver
Can I help you?
Putting you through.
I’m afraid he’s not available at the moment. (UK).
I’m afraid he’s tided up at the moment.
You’re welcome. Goodbye.
The line
He’s on the other line.
Would you like to hold the line?
The line is engaged. (UK).
The line is busy. (US).
The operator (in the public telephone system)
Dial 100 for the operator. (UK).
Dial 0 (zero) for the operator. (US).
I’d like to make a reverse charge call. (UK).
I’d like to make a collect call. (US).
I’d like to make a transfer charge call. (UK).
The dial
Dial 123 for the correct time. (UK).
Listen for the dialling tone.
All lines to the country you have dialled are engaged.
Please try later. (UK).
The codebook
I’m on a long distance (or international) call.
The STD code is … (UK).
The area code is … (US).
A message pad
Can I tell him who called?
17
Can I give her a message?
Let me take down your number.
Remember
If you do not understand, say… “Sorry, I didn’t quite catch that.”
Practice 1
Caller Receptionist
Practice 2
In the following conversation, a Singaporean exporter plans to
send goods from Singapore to Greece. He wants to have a meeting
with a Greek shipping company, Intership.
Suggest suitable phrases for each step in the conversation, then
practice the dialogue with a colleague.
End call.
Language Checklist
Telephoning (2)
19
Stating reason for a call
I’m ringing to …
I’d like to …
I need some information about …
Making arrangements
Could we meet some time next month?
When would be a good time?
Would Thursday at 5 o’clock suit you?
What about July 21st?
That would be fine.
No, sorry, I can’t make it then.
Sorry I’m too busy next week.
Changing arrangements
We’ve an appointment for next month, but …
I’m afraid I can’t come on that day.
Could we fix an alternative?
Confirming information
So…
Can I check that? You said …
To confirm that …
Can you / can I confirm that by fax?
Ending a call
Right. I think that’ all.
Thanks very much for your help.
Do call if you need anything else.
I look forward to … seeing you / your call / your letter / your fax / our
meeting.
Goodbye and thanks.
Bye for now.
Skills Checklist
Telephoning (2)
20
Voice
Speed
Clarity
Volume
Structure
Background information
Key information
Repetition, emphasis and confirmation
Possible confirmation by fax
Style
Formal / informal
Cold call / new contact / established contact
In-company vs. Customer / Supplier / Outside agent
Colleague / friend / business associate / public
Company image
Structure of a call
Beginning
Introduce yourself
Get who you want
Small talk
State problem / reason for call
Middle
Ask questions
Get / give information
Confirm information
End
Signal end
Thank other person
Small talk
Refer to next contact
Close call
Check that there’s nothing else to say
21
Exercise 2 Changing arrangements
Below is the schedule for your week in Sydney, Australia. Just before
you leave for Sydney you receive various telephone calls from the
people you are going to visit. They want to change their appointments.
But you do not want to change the order in which you visit them. First
apologize for not managing the day they suggest, then suggest a
different time on the original day. Here you have their calls:
Hello? Mr. Rossi? This is the Australian Chemical Bank. I’m Mr.
Whitle’s secretary. I understand you have an appointment for 10 a.m.
on Tuesday 13th. I’m afraid that Mr. Whitley is rather tied up them.
Could I suggest Monday instead?
Hello, Mr. Rossi? Tim Brown, your agent. Small problem. Our
meeting for Friday is all right, but Monday afternoon is likely to be
difficult; someone is coming to see us who might be a useful outlet for
some of your range. perhaps we could change our meeting to Tuesday
afternoon?
Mr. Rossi? It’s Jenny Kinsella here. From B.I.G. I’m sorry but my
colleagues can’t all make it on Thursday afternoon. Could I suggest
we meet on Tuesday instead?
22
Hello again, Tim Brown here again. I forgot; I have some other
customers visiting on Friday morning. How about a meeting on
Thursday sometime, if that’s all right with you?
Mr. Rossi? Good morning. I’m ringing for Mr. Lund of Lund and
Lund Associates. He’s very sorry, but he won’t be able to manage
Wednesday afternoon. Could I suggest Friday afternoon instead?
Well, I think that should be all right. I’ll give you a cal this afternoon
to confirm. Thank you. Goodbye.
Monday, 12 November
Morning Arrive Sydney airport 8.30 a.m.
Afternoon 3 p.m. Tim Brown (agent) at hotel
Tuesday, 13 November
Morning 10 a.m. Mr. Whitley, Australian Chemical Bank
Afternoon
Wednesday, 14 November
Morning
Afternoon 2 p.m. Lund & Lund Associates (Mr. William Lund)
Thursday, 15 November
Morning
Afternoon 3 p.m. Jenny Kinsella + colleagues (B.I.G.
Distribution)
Friday, 16 November
Morning 11 a.m. Tim Brown
Afternoon flight 390, Depart Sydney 6 p.m.
23
Practice 3
Use the flow chart below as the basis for a telephone conversation
involving a complaint. Refer to the Language Checklist if you
need to.
Answer.
Greeting.
Introduce yourself.
Offer to help.
Explain problem.
Order HF5618 for 20 printers.
Only 17 have arrived.
Express surprise.
This is second time you have
received an incomplete delivery.
Suggest possible error in
order administration.
Agree – say you need the
other three printers urgently.
24
Language Checklist
Telephoning (3)
Threatening
If the problem is not resolved…
We’ll have to reconsider our position.
We’ll have to renegotiate the contract.
We’ll contact other suppliers.
The consequences could be very serious.
Apologizing
25
I’m sorry to hear that.
I’m sorry about the problem / delay / mistake…
Denying an accusation
No, I don’t think that can be right.
I’m sorry but I think you’re mistaken.
I’m afraid that’s not quite right.
I’m afraid that can’t be true.
Skills Checklist
Telephoning (3)
Who is to blame?
Who is responsible?
Are you talking to the right person?
Was your order or your specifications correct?
26
Were you partly responsible for arrangements which went wrong, e.g.
transport?
Does responsibility actually lie elsewhere, i.e. with a third party?
Read the text, then mark the sentences that follow as True (T)
or False (F).
27
consideration and goodwill. This is much more important than a set of
rules of etiquette.
a. For the British and the Italians it is normal to interrupt the other
speaker during the conversation.
b. A special importance is attached to listening in Japanese and
Finnish cultures.
c. One should interrupt and try to help speakers who may have
difficulty in saying what they want to say.
d. It is unusual for Americans and British to use first names early in a
business relationship.
e. It doesn’t matter if you break certain social rules if it is clear that
you are sensitive to other people.
f. Etiquette is the critical point in telephoning between different
cultures.
3. Presentations
3. Planning and preparation
Language Checklist
Structure (1) The introduction to a presentation
Greeting
Good morning / afternoon ladies and gentlemen.
(Ladies and) Gentlemen …
Subject
I plan to say a few words about …
I’m going to talk about …
The subject of my talk is …
The theme of my presentation is …
I’d like to give you an overview of …
Structure
I’ve divided my talk into (three) parts.
My talk will be in (three) part.
I’m going to divide …
28
First …
Second …
Third …
In the first part …
Then in the second part…
Finally…
Timing
My talk will take about ten minutes.
The presentation will take about two hours … but there’ll be a twenty-
minute break in the middle. We’ll stop for lunch at 12 o’clock.
Skills Checklist
Effective presentations – planning and preparation
Audience
Expectations
Technical knowledge
Size
Questions and / or discussion
Speaker’s competence
Knowledge
Presentation technique
Content
What to include
Length / depth (technical details)
Number of key ideas
Structure
Sequence
beginning, middle, end
Repetition, summarizing
29
Delivery
Style
Formal / informal
Enthusiasm / confidence
Voice
Variety / speed
Pauses
Body language
Eye contact
Gesture / movement
Posture
Visual aids
Type / design / clarity
Relevance
Practice
Tape recorder
Script or notes
Room
Size / seating
Equipment (does it work?)
Sound quality
Language
Simple / clear
Spelling
Sentence length
Structure signals
Practice 1
Look at the following situations.
Practice 2
In any presentation the beginning is crucial. Certainly some things
are essential in an introduction and others are useful. Here is a list
of what could be included in an introduction. Mark them
according to how necessary they are using the following scale:
Dinckel and Parnham (1985) say that ‘The great danger (in
using visual aids) is that presenters place the major emphasis on visual
aids and relegate themselves to the minor role of narrator or
technician. You are central to the presentation. The visual aid needs
you, your interpretation, your explanation, your conviction and your
justification.’
Visual aids can make information more memorable and they
help the speaker. However, they must literally support what the
speaker says and not simply replace the spoken information. It is also
not enough to just read the text from a visual aid.
There are many advantages to the correct use of visual aids.
They can show information which is not easily expressed in words or
they can highlight information. They cause the audience to employ
another sense to receive information, they bring variety and therefore
increase the audience’s attention. They save time and they clarify
complex information.
Language Checklist
Using visuals
Equipment
(slide) projector
slides (B.E.)
diapositives (Am.E.)
overhead projector (OHP)
transparency (B.E.)
slide (Am.E.)
flip chart
whiteboard
metaplan board
Introducing a visual
I’d like to show you …
Have a look at this …
This (graph) shows / represents …
Here we can see …
Let’s look at this …
Here you see the trend in …
Comparisons
This compares x with y
Let’s compare the …
Here you see a comparison between …
A dramatic dramatically
A marked markedly
A significant increase / fall To increase / fall significantly
A slight slightly
Describing trends
To go up To go down
To increase an increase To decrease a decrease
To rise a rise To fall a fall
To climb a climb To decline a decline
To improve an improvement To deteriorate a deterioration
To recover a recovery To get worse a downturn
To get better an upturn
To level out a leveling out
To stabilize
To stay the same
To reach a peak a peak To reach a low point
To reach a maximum To hit bottom a trough
To peak
To undulate an undulation
To fluctuate a fluctuation
Skills Checklist
Using visual supports
34
Available media
Use media which suit the room and audience size.
Overhead projector (OHP)
- Transparencies / OHT’s / slides (Am.E.)
Slide projector
- Slides / diapositives (Am.E.)
Video / computer graphics / flip chart / whiteboard
Use of colour
For slides, white writing on blue / green is good. Use different colours
if colour improves clarity of message (e.g. pie charts.).
Use appropriate colour combination: yellow and pink are weak
colours on white backgrounds.
35
Practice 3
5. The presentation
Reading
Read the following passage and identify at least six
recommendations about speaking technique which can help to
make the message in a presentation clear.
37
a. the relationship between the main body of the presentation and the
introduction
b. a recommendation on one way to divide the main body of the talk.
Practice 4
television commercials
newspaper advertising
magazines
youth magazines in-store on-pack targeted
38
women’s magazines e.g. e.g. mailing
displays, coupons,
merchandising competitions,
free samples joint promotions
Begin as follow:
‘ Good morning, everyone. I’d like to talk about the advertising mix
for the new Cheri range of beauty products. We are planning two
categories of advertising, above-the-line and below-the-line. I’ll talk
first about… ‘
Vocabulary
Merchandising: Any direct efforts to encourage sales of a product,
increase consumer awareness, etc.
Above-the-line advertising: Mass media advertising, such as
television, radio and newspaper.
Below-the-line advertising: Forms of advertising at the point of sale or
directly on the product, such as packaging, shop displays, etc.
Language Checklist
Structure (2) The main body
Listing
There are three things to consider. First … Second … Third …
There are two kinds of … The first is … The second is …
We can see four advantages and two disadvantages. First, advantages.
One is … Another is … A third advantage is … Finally …
On the other hand, the two disadvantages.
First … Second …
39
Linking: Beginning a new part
Let’s move to (the next part which is) …
So now we come to …
Now I want to describe …
Sequencing
There are (seven) different stages to the process
First / then / next / after that / then (x) / after x there’s y, last …
There are two steps involved.
The first step is … The second step is …
There are four stages to project.
At the beginning, later, then, finally …
I’ll describe the development of the idea.
First the background, then the present situation, and then the prospects
for the future.
Skills Checklist
Structure (2) The main body
Organization of presentation
Logical progression of ideas and/or parts of presentation.
Clear development.
Sequential description of processes.
Chronological order of events, i.e. background -- present -- future
Topic
Main parts Sections Subsections
A i a.
b.
ii.
B i. a.
b.
ii.
iii. a.
b.
c.
C i. a.
b.
ii.
40
Internal structure of the main body of a complex presentation
Signaling the structure
Use listing techniques.
Link different parts.
Use sequencing language.
Reading
Read the following text and identify:
a. a potential problem at the end of a presentation.
b. three ways to avoid the problem.
A sales presentation
41
After talking about his or her products or services, the speaker
wants the audience to explain their needs and says:
‘Okay – I’ve told you about the ways Snappo can help
companies like yours. Now for us to do that, we need to know more
about the way you work. For example, tell me about your particular
situation, tell me what in particular may interest you … .’
A training manager
Speaking to an audience of Department Managers, vice-
presidents, or potential trainees, the Training Manager has outlined
recommendations and explained what is available. He/she can end
with:
‘Right! I’ve told you what we can offer. Now tell me what are
your impressions, what are your priorities and what else do you need
to know now?'
Be polite.
Check understanding if necessary by paraphrasing.
Listen very carefully.
Don’t say anything you’ll regret later.
42
Ask for repetition or clarification.
Agree partially before giving own opinions: Yes, but…
Keep calm.
Tell the truth (most of the time!)
Practice 5
Imagine that you have given a talk on Marketing in Japan at a
conference on business trends. What would you say in these
situations? If you need to, refer to the Language Checklist.
Language Checklist
The end of presentation
Concluding
There are two conclusions / recommendations.
What we need is …
I think we have to …
I think we have seen that we should …
Handling Questions
Not understood
44
Sorry, I’m not sure I’ve understood. Could you repeat?
Are you asking if …?
Do you mean …?
I didn’t catch (the last part of) your question.
If I understood you correctly, you mean …? Is that right?
Skills Checklist
Structure (3) Ending the presentation
A summary
Restates main point(s).
Restates what the audience must understand and remember.
Contains no new information.
Is short.
A conclusion
States the logical consequences of what has been said.
Often contains recommendations.
May contain new and important information.
Is short.
Questions
Inviting questions implies that the audience is less expert than the
speaker.
Beware of the ‘nightmare scenario’ – total silence! Have one or
two prepared questions to ask the audience.
Keep control of the meeting.
Discussion
Inviting discussion gives the impression that the audience have
useful experience, so is often more ‘diplomatic’.
You still need to control the discussion.
Handling questions
Listen very carefully.
Ask for repetition or clarification if necessary.
Paraphrase the question to check you understand it.
Give yourself time to think – perhaps by paraphrasing the
question.
Check that the question is relevant. If not, don’t answer if you
don’t want to.
Refer questioner to another person if you can’t answer.
Suggest you’ll answer a question later if you prefer.
Check that the questioner is happy with your answer: eye contact
and a pause is often sufficient.
Keep control.
Don’t allow one or two people to dominate.
Be polite.
Signal when time is running out – ‘Time for one last question’.
At the end, thank the audience.
Good morning ladies and gentlemen; we haven’t all met before so I’d
better introduce myself. I’m Luis Lopez from the development
department of Citrus Incorporated… I should say before we start that I
hope you’ll excuse my English. I’m a little out of practice…
Anyway, I’m going to be talking this morning about a new product
which we are planning to launch in two months’ time; it’s called
46
KOOL-OUT, that’s K-O-O-L dash O-U-T, and it’s a lemon-flavoured
drink…
Well, I’ll start with the background to the product launch; and then
move on to a description of the product itself, I’m going to list some of
the main selling points that we should emphasize in the advertising
and sales campaign. I think if you don’t mind, we’ll leave questions to
the end…
Now firstly, as you all know, we had a gap in our soft-drink product
range for the last two years; we have been manufacturing mixed-fruit
drinks and orange drinks for the last ten years, but we stopped
producing lemonade two years ago; I think we all agreed that there
was room on the market for a completely new lemon-flavoured drink
… Secondly, the market research indicated that more and more
consumers are using soft drinks as mixers with alcohol, so in other
words, the market itself has expanded.
This brings me to my next point which is that we have rather new
customer-profile in mind; I must emphasize that this product is aimed
at the young-professional, high-income, market and not the traditional
consumer of old-fashioned lemonade. At this point we must consider
the importance of packaging and design, and if you look at the video
in a moment, you’ll see that we have completely re-vamped the
container itself as well as the label and slogan…
Now to digress for just a moment, the more sophisticated packaging
means a high unit cost, and this may be a problem in the selling area,
but we’ll have a chance to discuss that aspect later… so … to go back
to my earlier point, this is a totally new concept as far as Citrus
Incorporated are concerned; as you see we are using both the new-size
glass bottle and the miniature metal cans.
Finally, let’s look at the major attractions of the product. In spite of
the higher price it will compete well with existing brands; the design
is more modern than any of the current rival products, and incidentally
the flavour is more realistic and natural… it’s low calorie, too.
O.K., so just before closing, I’d like to summarize my main points
again… We have KOOL-OUT, a new design concept, aimed at a
relatively new age and income group; it’s designed to be consumed on
its own, as a soft drink, or to be used as a mixer in alcohol-based
drinks and cocktails. It comes in both bottle and can and this will
mean a slightly higher price than we are used to; but the improved
flavour and the package design should give us a real advantage in
today’s market… well, that’s all I have today for the moment, thank
47
you for listening, now if there are any questions, I’ll be happy to
answer them…
Interruptions
a. You haven’t mentioned the price yet!
b. Your product is more expensive than your competitor’s!
c. I’d like the exact specifications, please!
48
d. I still don’t understand the difference between the de-luxe and
economy models!
e. Your new model seems much heavier than the old one!
Replies
1. I take your point… but have you taken into account the improved
durability?
2. I’ll be coming to that in a moment.
3. You’re right, but on the other hand our product has a number of
unique design features.
4. Our technical department will be able to give you an answer on
that.
5. Let me clarify that for you.
Now, you may well ask, what does the mean by ‘up-market’?
Anticipates
What’s ‘up-market’?
49
a. Why is the delivery period so long?
b. What’s ‘top quality’ specification?
c. Do the accessories have to be so expensive?
d. Why doesn’t he mention the price?
e. Can he prove what he says with figures?
4. Meetings
Language Checklist
Chairing and leading discussion
Stating objectives
We’re here today to hear about plans for …
Our objective is to discuss different ideas …
What we want to do today is to reach a decision …
Introducing discussion
The background to the problem is …
This issue is about …
The point we have to understand is …
Calling on a speaker
I’d like to ask Mary to tell us about …
Can we hear from Mr. Passas on this?
I know that you’ve prepared a statement on your Department’s
views…
50
Controlling the meeting
Sorry Hans, can we let Magda finish?
Er, Henry, we can’t talk about that.
Summarising
So, what you’re saying is …
Can I summarise that? You mean …
So, the main point is …
Skills Checklist
Preparation for meetings
Chair
Decide objectives.
What type of meeting (formal or informal, short or long, regular
or a ‘one off’, internal / external information giving / discussion /
decision making)?
Is a social element required?
Prepare an agenda.
Decide time / place / participants / who must attend and who can
be notified of decisions.
Study subjects for discussion.
Anticipate different opinions.
Speak to participants.
Secretary
Obtain agenda and list of participants.
Inform participants and check:
Room, equipment, paper, materials.
51
Refreshments, meals, accommodation, travel.
Participants
Study subjects on agenda, work out preliminary options.
If necessary, find out team or department views.
Prepare own contribution, ideas, visual supports, etc.
Practice 1
Suggest phrases which could be used by a chairperson in the
following situations in a meeting.
a. To welcome the participants to a meeting.
b. To state the objectives of the meeting.
c. To introduce the agenda.
d. To introduce the first speaker.
e. To prevent an interruption.
f. To thank a speaker for his/her contribution.
g. To introduce another speaker.
h. To keep discussion to the relevant issues.
i. To summarise discussion.
j. To ask if anyone has anything to add.
k. To suggest moving to the next topic on the agenda.
l. To summarise certain actions that must be done following the
meeting (for example, do research, write a report, meet again,
write a letter, etc.).
m. To close the meeting.
52
Practice 2
1. In groups, work out a brief agenda, with an appropriate order,
for a meeting of the marketing department of Axis Finance Ltd., a
medium-size financial services company. Your agenda should
include the points listed here:
Any other business
New products
Minutes of previous meeting
Marketing plans for next year
Date of next meeting
Review of marketing performance in the current year
Personnel changes
Chair’s opening address
Apologies for absence.
8. Participating in meetings
Language Checklist
Discussion in meetings
Stating opinion
It seems to me …
I tend to think …
In my view …
53
We think / feel / believe …
There’s no alternative to …
It’s obvious that …
Clearly / obviously …
Interrupting
Excuse me, may I ask for clarification on this?
If I may interrupt, could you say … ?
Sorry to interrupt, but …
Do you think so? My impression is …
What? That’s impossible. We / I think …
Handling interruptions
Yes, go ahead.
Sorry, please let me finish …
If I may finish this point …
Can I come to that later?
That’s not really relevant at this stage …
Can we leave that to another discussion?
Skills Checklist
Participating in meetings
Types of meeting
Decision making meeting
Information giving meeting
Spontaneous / emergency meeting
Routine meeting
Internal meeting
54
Customer / client / supplier - first meeting / established
relationship
Importance of communication
Two-way process
Participants must be aware of others’ needs
Full communication and understanding is essential
Four elements in communication: awareness – understanding –
empathy – perception
Reaching a consensus
Discussion leads to consensus
Consensus is recognised and verbalised by leader
Decisions checked and confirmed
55
Practice 3
Use the skeleton outline below to recreate the entire dialogue with
a partner. Choose alternative interruptions and ways of handling
interruptions.
Reading
3. Find words or phrases in the text which mean the same as the
following:
a. common agreement
b. economical use of resources
57
c. aim
d. fix a goal
e. what one must have
f. what one would like to have
g. consider other options
h. way of seeing things
i. seeing things as others see them
j. develop
k. express through speaking.
Interruptions can have different intentions:
To ask for clarification
To add opinion
To ask for more details
To change direction of the discussion
To disagree.
Handling interruptions:
Promise to come back to a point later
Politely disagree with an interruption
Say the interruption is not relevant or that time is short
Politely accept the interruption and respond to it before continuing
Reject a suggestion
Reading
Read the following text and identify:
a. three recommendations on how a meeting should end
b. what should happen after a meeting.
Language Checklist
Ending the meeting
Clarifying
This means …
What I mean is …
What I want to say is …
To explain this in more detail …
Delaying decisions
I think we need more time to consider this.
I think we should postpone a decision …
Can we leave this until another date?
It would be wrong to make a final decision …
Skills Checklist
Ending meetings
Improving meetings
Motivation to change
Gather information on present situation
60
Identify specific areas needing improvement
Identify alternative courses of action
Practise new techniques
Improvement model.
Practice 4
You are at an internal meeting to discuss increases in the price of
your products. With a partner, use these prompts to make a
dialogue. Try to use new language from this unit.
Participant A Participant B
61
Practice 5
In pairs use the outline below to create a chair’s closing remarks
for a meeting. To make this more realistic, add names and other
details as required. Practice your closing remarks together.
5. Negotiations
Language Checklist
Negotiations (1)
Making an opening statement
Welcoming
Welcome to …
I’m sure we will have a useful and productive meeting …
First meeting
We see this as a preparatory meeting …
We would like to reach agreement on …
62
One of a series of meetings
Following previous meetings we have agreed on some important
issues. Today we have to think about …
We have reached an important stage …
Handing over
I’d like to finish there and give you the opportunity to reply to this.
I’d like to hand over to my colleague …, who has something to say
about …
Skills Checklist
Negotiations (1)
Type of negotiation
Towards agreement
Both teams try to suit joint interests
Independent advantage
Each team aims to get best deal
Conflict
A team aims to win and make the other team lose
Purpose of negotiation
Exploratory (possible areas of interest)
63
Conciliatory (resolving differences)
Targets
Scale (e.g. 1-10)
Decide realistic maximum and minimum acceptable scores
Possible concessions
Plan your bargaining strategy
List essential conditions
Impossible to concede
List possible concessions
Opening statements
State general objectives
State priorities
State independent (not joint) objectives
Be brief
Practice 1
1. Suggest phrases for each of the following at the start of a
negotiation.
Welcome the other side.
Develop small talk (trip, weather).
Mention plans for lunch – make your visitors feel welcome (see
city centre / local restaurant).
Suggest you start talking about the main subject of your meeting.
Introduce a colleague.
64
Explain general aim or purpose of the meeting. (preliminary /
exploratory)
Say what your side wants from the meeting. (Establish beginnings
of a partnership / learn about supply systems / price variations and
supply costs.)
Types of negotiation:
Suggestion
Counter suggestion
Agreement
Confirmation
Practice 2
65
1. Mark the seven points below (how to prepare a negotiation) in
the right order. The first is already marked as an example.
Identify your minimum requirements.
Prepare your opening statement.
Decide what concessions you could make.
Know your own strengths and weaknesses.
Know your role as part of a team.
Prepare your negotiation position – know your aims and objectives. 1
Prepare any figures, any calculations and any support materials you
may need.
Reading
1. Read the following extract. According to the writer, are these
statements about negotiating true (T) or false (F):
a. Decide on the most important and less important issues.
b. Try to guess what the other side thinks.
c. Note answers to the questions you ask.
d. Deal with issues in isolation, one at a time.
e. Make concessions and get a concession in return.
f. Tough bargaining can combine with a spirit of cooperation.
g. If there are problems, you have to accept or reject what is on
offer.
66
Effective negotiation requires clear thinking and a constructive
approach
If there are big differences between the two parties, you have a
choice of these options: to accept, to reject, or to carry on negotiating.
If you decide to carry on, then the options in the next round are:
To make a new offer
To seek a new offer from the other party
To change the shape of the deal (vary the quantity or the quality,
or bring in third parties)
Begin bargaining.
67
As for the package, you must look for agreement in principle on a
broad front (zonă cu elemente diferite). When the time comes for
compromise, each party will concede on one issue if they win a
concession on another.
Language Checklist
Negotiations (2)
Bargaining
We can agree to that if …
On condition that …
So long as …
That’s not acceptable unless …
Without …
Making concessions
It you could … we could consider …
So long as … we could agree to …
On condition that we agree on … then we could …
Let’s think about the issue of …
We could offer you …
Would you be interested in …?
Could we tie this agreement to …?
Accepting
We agree.
That seems acceptable.
68
That’s probably all right.
Confirming
Can we run through what we’ve agreed?
I’d like to check what we’ve said / confirm
I think this is a good moment to repeat what we’ve agreed so far.
Summarising
I’d like to run through the main points that we’ve talked about.
So. I’ll summarise the important points of our offer.
Can we summarise the proposal in a few words?
Looking ahead
So, the next step is …
We need to meet again soon.
In our next meeting we need to …
So, can we ask you to …?
Before the next meeting we’ll …
We need to draw up a formal contract.
Skills Checklist
Negotiations (2) – Bargaining in negotiations
Concessions rules
‘A key principle in negotiation is to give a little and get a little at the
same time.’
Ask for concessions
All concessions are conditional
Conditions first ‘If … then …’
‘It’s a package’
Give what’s cheap to you and valuable to them.
Main speaker
Create a joint, public and flexible agenda.
Question needs and preferences.
Don’t talk too much.
Listen.
69
Don’t fill silences.
Build on common ground.
Explore alternatives ‘What if …?’
Be clear, brief and firm.
Follow concession rules.
Support speaker
Wait till the Chair or your main speaker brings you in.
Be clear, brief and firm.
Follow the concession rules.
Support your main speaker
- Agree (nod, ‘That’s right …’)
- Emphasise (‘This point is very important’)
- Add forgotten points (‘And we must remember …’)
- But don’t make concessions for your main speaker.
- Listen.
- Don’t fill silences.
Practice 3
Make sentences which include concessions based on the prompts
below. The first is done for you as an example.
a. a better warranty / quicker payment terms
We could offer a better warranty if you would agree to quicker
payment terms.
Practice 4
You and a partner are representatives of Beck Instruments and
Ojanpera Inc., a machine tool maker. Ojanpera is in discussion with
Beck Instruments to buy a machine, the BI 25. Use the flow chart
below to negotiate some aspects of an agreement for the sale of the
BI 25.
70
Ojanpera Beck Instruments
Offer to buy the machine if BI
can give a good price.
Say that your prices are very
competitive.
Ask for a discount.
Say a discount could be
possible if Ojanpera agrees to
pay for shipping costs.
Agree, if the discount is attractive.
Offer 4 % discount.
Ask for 6 % discount.
Unfortunately, you can’t
agree, unless Ojanpera pays
for the installation.
Agree.
Confirm your agreement.
Practice 5
The following letter is from Gibson Trust Ltd. To the Ministry of
Urban Development summarising the points agreed in the
negotiation between them and outlining the next steps. Complete
the spaces in the letter with appropriate words given below.
Neil Finch
Ministry of Urban Development
140- 144 Whitehall
London WCI 4RF
71
May 2 200—
Dear Neil,
We would like to confirm through this letter and the (c) ________
drawings that the property (d) ______ in the above sale consists of the
land presently occupied by the station buildings and also the former
car parks to the east of the station, the offices to the west and the
warehouse alongside the traks. The government-owned housing on the
north side of the railway lines is (e) _______ .
Your sincerely,
72
Jill Kearne
Chief Negotiator
Encs. (I)
73
5. If the other side disagree with you, you …
a) try hard to find a creative position by modifying your
position.
b) Repeat your demands and will not concede – your objective is
to make the other side give in.
c) Reshape your offer without fundamental changes.
Reading
Match each of the following to a phrase in the text with a similar
meaning:
a. highlight the disadvantages of failing to reach a deal
b. think of new benefits for both sides
c. alter parts of what is on offer
d. take a break to consider positions
e. have the negotiation in a different place
f. change the individuals involved
g. ask an independent person to come and help you reach agreement
h. have an informal meeting to talk things over.
Practice 6
In pairs, use the given prompts to suggest a response to the
statements.
Situation 1
The problem is that we have never offered the kind of warranty you
are looking for.
Suggest leaving the point and returning to it later after discussing
other issues, i.e. training for technical staff.
Situation 2
There’s a number of issues on the table. We seem to be a long way
from an agreement.
Suggest changing the package on offer (variables include price,
shipment costs, payment terms).
Situation 3
The price you are asking is rather high, quite a lot higher than we were
expecting.
75
Send a signal that you could offer better payment terms.
Situation 4
There are several problems. We think there is quite a lot of negotiation
ahead before we can agree on a common strategy.
Suggest advantages of reaching agreement: more global influence,
better prospects for the future.
Practice 7
Below are four offers or request. Reject each one, using the
information in the prompts.
Situation 1
Let me make a suggestion. If you agree to buy 100 units every month
for the next twelve months, we’ll agree a 10 % discount.
You don’t know how many units you will need in six and twelve
months. It might be more or less.
Situation 2
The price we are offering excludes installation costs but does include
a twelve month’s guarantee.
Other suppliers offer free installation and a two year parts and labour
warranty.
Situation 3
I think the absolute minimum investment in advertising must be
$40,000, otherwise we cannot reach enough of our market. It’s not
much to ask for.
You cannot spend more than your budget.
76
Situation 4
Now, some excellent news: we’d like to increase our order. Right now
you are sending us 350 boxes a month. We need at least 500, demand
is very high …
Your order books are full, the plant is working at capacity.
Practice 8
Suggest what you could say in the following situations.
Situation 1
After a long negotiation, you have reached agreement and now plan a
meal in a local restaurant with the other party in the negotiation.
Situation 2
Your efforts to reach agreement have been unsuccessful. It is late. End
the negotiation but offer some hope that in the future you might
manage some cooperation with the other side.
Situation 3
A colleague has asked you to cooperate on a project, but after long
discussion you feel you cannot participate because of fundamental
disagreement. It is important that you continue to work together in the
other areas.
Situation 4
You want to repeat an order with a supplier but they are trying to
increase prices by 20 %. You cannot agree to this. End your
discussion.
Situation 5
A customer is asking you to supply goods in a month. This is
physically impossible. End the discussion.
Language Checklist
Negotiations (3)
77
Dealing with conflict
I think we should look at the points we agree on …
We should focus on the positive aspects …
We should look at the benefits for both sides …
It is in your interests to resolve the issue …
What do you think is a fair way to resolve this problem?
We hope you can see our point of view …
Let us explain our position …
Could you tell us why you feel like that?
I think we should look at the whole package, not so much at individual
areas of difficulty.
Perhaps we could adjourn for a little while.
I think we need to consider some fresh ideas …
Rejecting
I’m afraid we can’t …
Before agreeing to that we would need …
Unfortunately …
I don’t think it would be sensible for us to …
I think if you consider our position, you’ll see that …
Ending negotiations
So, can we summarise the progress we’ve made?
Can we go through the points we’ve agreed?
Perhaps if I can check the main points …
So, the next step is …
What we need to do now is …
It’s been a very useful and productive meeting.
We look forward to a successful partnership.
Skills Checklist
Negotiations (3)
78
Dealing with conflict
Show understanding of the other side’s position
Highlight advantages of agreement
Don’t … Do …
Be sarcastic ask questions
Attack listen
Criticise summarise
Threaten build on common ground
Blame explain your feelings
Types of negotiators
Hard
Negotiates to win
Makes demands
Principled
Looks for common benefits
Makes offers
Soft
Looks for agreement
Accepts what’s on offer
Rejecting
Ask for an adjournment.
Discuss options.
Remember your limits.
Decide if your interests are being met: if not, reject the proposal
on offer, or suggest alternatives.
Negotiating Conditions
Conditions Examples
Unit price $8.50 per unit
Minimum quantity at least 10,000 units
Credit period 30 days after invoice
Delivery date 20 June 2003
Bulk discount -2 % if over 10,000 units
Penalty clause 5 % for each month of delay
Cancellation clause 50 % charge if cancelled less
than six weeks beforehand
Exclusivity sole rights over all East Coast
states
Royalty on sales under licence 3 % of turnover on licensed
goods
Commission 5 % on sales in the territory
Early settlement discount -2 % if paid within 20 days
Option period first option for 12 months
after contract
Method of payment irrevocable letter of credit
Warranty period 18 months warranty from
completion
DATAFILE: Negotiation
Below are the stages of negotiation and some expressions which you
may find useful at each stage:
Conversation (1)
I’m sure/confident we can reach agreement. (optimistic)
80
I’m sure there’s room for negotiation.
We have a lot to discuss.
Let’s see how we get on. (cautious)
Supplier Well, let’s get started. You know, with this delivery
problem I’m sure there’s room for negotiation.
You (1: cautious)
Supplier Right, well this is how we see it. We can deliver the first
machine in ten weeks, and install it four weeks after that.
You (3: long delivery period)
Supplier Well, these are in fact the usual periods. It’s pretty normal
in this kind of operation. Did you expect we could deliver any
quicker?
You (2: 6 weeks maximum delivery; 4 weeks installation)
Supplier I see what you mean, but that would be very difficult. You
see we have a lot of orders to handle at present, and moving just one
of these machines is a major operation. Look, if I can promise you
delivery in eight weeks, does that help?
You (4: too late)
Supplier Ah-ha! Well, look… er… You want the machine in six
weeks. Now that is really a very short deadline in this business. You
said that you couldn’t take it any later, but couldn’t your engineers
find a way to re-schedule just a little, say another week?
You (5: refuse)
Supplier Well, you really are asking us for something that is very
difficult. I’ve already offered you seven weeks. I’ll have to consult
with my colleagues and come back to you, but I can’t see what we can
do.
You (6: if deliver in 6 weeks perhaps talk about further order)
Supplier Well, on that basis I suppose we might be able to look at
some kind of arrangement. In fact, if you can promise another order I
think we could accept your terms.
You (7: 6 weeks delivery; 4 weeks installation; decision on next
order by 26th of this month)
Supplier Exactly. If you could confirm this in writing I …
82
Exercise 2 Ten rules for negotiating
Dr Ed Zap is holding a two-day seminar on negotiating techniques. At
the end of the first morning he gives the group his ten rules for
negotiating. Here they are.
Read Dr Zap’s rules and then look at the remarks in list A. These
remarks are not good for negotiating. Instead, use phrases from list B.
which one would you use in each case?
84
Understanding contracts
We’ve checked with our legal department. Yes, we are the patent
holders for the XT7. We are prepared, in fact, to grant you a licence
to make it in your own territory on these conditions: there would be a
85
fee on agreement and then a royalty of 5 % with a minimum annual
royalty of $50,000. The term would be four years, with the possibility
of renewal on expiry. And, of course, in the event of any infringement,
as our licensee you would have to apply for an injunction on the
infringer’s production.
6. Management
Discussion
86
Reading
This text summarizes some of Peter Drucker’s views on
management. As you read about his description of the work of a
manger, decide whether the five different functions he mentions
require the four qualities you selected in your discussion, or
others you did not choose.
Vocabulary
a. Complete the following sentences with these words.
88
b. The text contains a number of common verb-noun partnerships
(e.g. achieve objectives, deal with crises, and so on).
Management Levels
89
Middle Managers. The term middle management can include to more
than one level in an organization. Middle managers direct the
activities of lower-level managers and sometimes also those of
operating employees. Middle managers’ principal responsibilities are
to direct the activities that implement their organizations’ policies and
to balance the demands of their superiors with the capacities of their
subordinates.
Planning
Plans give the organization its objectives and set up the best
procedures for reaching them. In addition, plans become the guides by
which the organization obtains and commits (a angaja) the resources
required to reach its objectives, members of the organization carry on
activities consistent with (concordant cu) the chosen objectives and
procedures, and progress toward the objectives is monitored and
measured, so that corrective action can be taken if progress is
unsatisfactory.
The first step in planning is the selection of goals for the
organization. Then objectives are established for the subunits of the
organization – its divisions, departments, and so on. Once the
objectives are determined, programs are established for achieving
them in a systematic manner. Of course, in selecting objectives and
developing programs, the manager considers their feasibility and
whether will be acceptable to the organization’s managers and
employees.
Plans made by top management for the organization as a
whole may cover periods as long as five or ten years. In a large
organization, such as a multinational energy corporation, those plans
may involve commitments (angajamente) of billions of dollars.
Planning at the lower levels, by middle or first-line managers, covers
much shorter periods. Such plans may be for the next day’s work, for
example, or for a two-hour meeting to take place in a week.
Organizing
Once managers have established objectives and developed
plans or programs to reach them, they must design and staff an
organization able to carry out those programs successfully. Different
91
objectives will require different kinds of organizations. For example,
an organization that aims to develop computer software will have to
be far different from one that wants to manufacture blue jeans.
Producing a standardized product like blue jeans requires efficient
assembly-line techniques, whereas writing computer programs
requires teams of professionals – systems analysts, software engineers,
and operators.
Although they must interact effectively, such people cannot
be organized on an assembly-line basis. It is clear, then, that managers
must have the ability to determine what type of organization will be
needed to accomplish a given set of objectives. And they must have
the ability to develop (and later to lead) that type of organization.
Leading
After plans have been made, the structure of the organization
has been determined, and the staff has been recruited and trained, the
next step is to arrange for movement toward the organization’s
defined objectives. This function can be called by various names:
leading, directing, motivating, actuating (impulsionare, stimulare),
and others. But whatever the name used to identify it, this function
involves getting the members of the organization to perform in ways
that will help it achieve its established objectives.
Whereas planning and organizing deal with the more abstract
aspects of the management process, the activity of leading is very
concrete; it involves working directly with people.
Controlling
Finally, the manager must ensure that the actions of the
organization’s members do in fact move the organization toward its
stated goals. This is the controlling function of management, and it
involves four main elements:
Vocabulary
Match up the words on the left with the definitions on the right
Reading
Read the text below, about different ways of organizing
companies, and then label the diagrams, according to which of
these they illustrate:
Line structure / functional structure / matrix structure / staff
structure
94
A.……………… B.………………….
C.………………. D………………..
96
Describing company structure
Board of Directors
with a Chairman (GB)
or President (US)
99
8. the time needed to perform an activity (i.e. to manufacture or
deliver something)
100
12. You have protection against variation in raw material delivery
time (due to shortages, strikes, lost orders, incorrect or defective
shipments, etc.)
13. You may be forced to produce additional less profitable products.
14. You can take advantage of quantity discounts in purchasing.
15. You may have to reduce prices to stimulate demand.
Read the text below, and insert the eight words defined in
vocabulary a) in the spaces.
Read the following text, and write a brief heading for each
paragraph.
1 ………………………………
Marketing theorists tend to give the word product a very broad
meaning, using it to refer to anything capable of satisfying a need or
want. Thus services, activities, people (politicians, athletes, film stars),
places (holiday resorts), organizations (hospitals, colleges, political
parties), and ideas, as well as physical objects offered for sale by
retailers, can be considered as products. Physical products can usually
be augmented (a spori, a creşte) by benefits such as customer advice,
delivery, credit facilities, a warranty or guarantee, maintenance, after-
sales service, and so on.
2 ………………………………
102
Some manufactures use their name (the ‘family name’) for all
their products, e.g. Philips, Colgate, Yamaha. Others, including
Unilever and Procter & Gamble, market various products under
individual brand names, with the result that many customers are
unfamiliar with the name of the manufacturing company. The major
producers of soap powders, for example, are famous for their multi-
brand strategy, which allows them to compete in various market
segments, and to fill shelf space in shops, thereby leaving less room
for competitors. It also gives them a greater chance of getting some of
the custom of brand-switchers (cei care schimbă mărcile pe care le
cumpără).
3 ………………………………
Most manufactures produce a large number of products, often
divided into product lines. Most product lines consist of several
products, often distinguished by brand names, e.g. a range of soap
powders, or of tooth-pastes. Several different items (different sizes or
models) may share the same brand name. Together, a company’s
items, brands and products constitute its product mix. Since different
products are always at different stages of their cycles, with growing,
stable or declining sales and profitability, and because markets,
opportunities and resources are in constant evolution, companies are
always looking to the future, and re-evaluating their product mix.
4 …………………………………
Companies whose objectives include market share and market
growth generally have long product lines, i.e. a large number of items.
Companies whose objective is high profitability will have shorter
lines, including only profitable items. Yet, most product lines have a
tendency to lengthen over time, as companies produce variations on
existing items, or add additional items to cover further market
segments. Additions to product lines can be the result of either up-
market or down-market, i.e. making items of higher or lower quality.
This can be carried out in order to reach new customers, to enter
growing or more profitable market segments, to react to competitors’
initiatives, and so on. Yet, such moves may cause image problems:
moving to the lower end of the market dilutes (a slăbi, a dilua) a
company’s image for quality, while a company at the bottom of a
range may not convince dealers and customers that it can produce
quality products for the high end. Line-filling – adding further items in
that part of a products range which a line already covers – might be
103
done in order to compete in competitors’ niches (nişă), or simply to
utilize excess production capacity.
Vocabulary
Find words or expressions in the text which mean the following.
104
2 to launch a product B an idea for a new product, which is
tested with target consumers before
the actual product is developed
3 market opportunities C attributes or characteristics of a
product: quality, price, reliability, etc.
4 market research D dividing a market into distinct
groups of buyers who have different
requirements or buying habits
5 market segmentation E places where goods are sold to the
public – shops, stores, kiosks, market
stalls, etc.
6 packaging F possibilities of filling unsatisfied
needs in sectors in which a company
can profitably produce goods or
services
7 points of sale G someone who contacts existing and
potential customers, and tries to
persuade them to buy goods or
services
8 product concept H collecting, analysing and reporting
data relevant to a specific marketing
situation (such as a proposed new
product)
9 product features I to introduce a new product onto the
market
10 sales representative J wrappers and containers in which
products are sold
105
Most management and marketing writers now distinguish between
selling and marketing. The ‘selling concept’ assumes that resisting
consumers have to be persuaded by vigorous hard-selling techniques
to buy non-essential goods or services. Products are sold rather than
bought. The ‘marketing concept’, on the contrary, assumes that the
producer’s task is to find wants and fill them. In other words, you
don’t sell what you make, you make what will be bought. As well as
satisfying existing needs, marketers can also anticipate and create new
ones. The markets for the Walkman, video games, personal
computers, and genetic engineering, to choose some recent examples,
were largely created rather than identified.
Marketers are consequently always looking for market
opportunities – profitable possibilities of filling unsatisfied needs or
creating new ones in areas in which the company is likely to enjoy a
differential advantage, due to its distinctive competencies (the things it
does particularly well). Market opportunities are generally isolated by
market segmentation. Once a target market has been identified, a
company has to decide what goods or service to offer. This means that
much of the work of marketing has been done before the final product
or service comes into existence. It also means that the marketing
concept has to be understood throughout the company, e.g. in the
production department of a manufacturing company as much as in the
marketing department itself. The company must also take account of
the existence of competitors, who always have to be identified,
monitored and defeated in the search for loyal customers.
Rather than risk launching a product or service solely on the basis
of intuition or guesswork, most companies undertake market research
(GB) or marketing research (US). They collect and analyze
information about the size of a potential market, about consumers’
reactions to particular product or service features, and so on. Sales
representatives, who also talk to customers, are another important
source of information.
Once the basic offer, e.g. a product concept, has been established,
the company has to think about the marketing mix, i.e. all the various
elements of a marketing program, their integration, and the amount of
effort that a company can expend on them in order to influence the
target market. The best-known classification of these elements is the
‘4Ps’: product, place, promotion and price. Aspects to be considered
in marketing products include quality, features (standard and
optional), style, brand name, size, packaging, services and guarantee.
106
Place in a marketing mix includes such factors as distribution
channels, locations of points of sale, transport, inventory size, etc.
Promotion groups together advertising, publicity, sales promotion, and
personal selling, while price includes the basic list price, discounts,
the length of the payment period, possible credit terms, and so on. It is
the job of a product manager or a brand manager to look for ways to
increase sales by changing the marketing mix.
It must be remembered that quite apart from consumer markets (in
which people buy products for direct consumption) there exists an
enormous producer or industrial or business market, consisting of all
the individuals and organizations that acquire goods and services that
are used in the production of other goods, or in the supply of services
to others. Few consumers realize that the producer market is actually
larger than the consumer market, since it contains all the raw
materials, manufactured parts and components that go into consumer
goods, plus capital equipment such as building and machines, supplies
such as energy and pens and paper, and services ranging from
cleaning to management consulting, all of which have to be marked.
There is consequently more industrial than consumer marketing, even
though ordinary consumers are seldom exposed to it.
Comprehension
Look at the following diagrams from Marketing Management by
Philip Kotler.
1 The first diagram contrasts the selling and the marketing concepts.
Fill in the four spaces with the following words or expressions:
□ Coordinated marketing □ Market
□ Customer needs □ Profits through customer satisfaction
Vocabulary
Find the terms in the text which mean the following.
Discussion
Which of the following claims do you agree with?
Summarizing
Complete the following sentences to summarize the text above.
Discussion
What kind of sales promotions are you receptive to?
Vocabulary
112
There is a logical connection among three of the four words in
each of the following groups. Which is the odd one out, and why?
Read the following text and write short headings for each
paragraph.
1 ………………………………….
In most markets there is a definite market leader: the firm
with the largest market share. This is often the first company to have
entered the field, or at least the first to have succeeded in it. The
market leader is frequently able to lead other firms in the introduction
of new products, in price changes, in the level or intensity of
promotions, and so on.
2 ………………………………
Market leaders usually want to increase their market share
even further, or at least to protect their current market share. One way
to do this is to try to find ways to increase the size of the entire
market. Contrary to a common belief, wholly dominating a market, or
having a monopoly, is seldom an advantage: competitors expand
markets and find new uses and users for products, which enriches
everyone in the field, but the market leader more than its competitors.
113
A market can also be expanded by stimulating more usage: for
example, many households no longer have only one radio or cassette
player, but perhaps one in each room, one in the car, plus a Walkman
or two.
3 …………………………..
In many markets, there is often also a distinct market
challenger, with the second-largest market share. In the car hire
business, the challenger actually advertises this fact: for many years
Avis used the slogan ‘We’re number two. We try harder.’ Market
challengers can either attempt to attack the leader, or to increase their
market share by attacking various market followers.
4 …………………………..
The majority of companies in any industry are merely market
followers, which present no threat to the leader. Many market
followers concentrate on market segmentation: finding a profitable
niche in the market that is not satisfied by other goods or services, and
that offers growth potential or gives the company a differential
(distinctiv, deosebit) advantage because of its specific competencies.
5 ……………………………
A market follower, which does not establish its own niche is
in a vulnerable position: if its product does not have a ‘unique selling
proposition’ there is no reason for anyone to buy it. In fact, in most
established industries, there is only room for two or three major
companies: think of soft drinks, soap and washing powders, jeans,
sports shoes, and so on. Although small companies are generally
flexible, and can quickly respond to market conditions, their narrow
range of customers causes problematic fluctuations in turnover and
profit. Furthermore, they are vulnerable in a recession when, largely
for psychological reasons, distributors, retailers and customers all
prefer to buy from big, well-known suppliers.
Vocabulary
Find words in the text which mean the following.
Vocabulary
Match up these words with the definitions below.
Reading
Leveraged buyouts
115
One indication that the people who warn against takeovers
might be right is the existence of leveraged buyouts.
In the 1960s, a big wave of takeovers in the US created
conglomerates – collections of unrelated businesses combined into a
single corporate structure. It later became clear that many of these
conglomerates consisted of too many companies and not enough
synergy. After the recession of the early 1980s, there were many large
companies on the US stock market with good earnings but low stock
prices. Their assets were worth more than the companies’ market
value.
Such conglomerates were clearly not maximizing stockholder
value. The individual companies might have been more efficient if
liberated from central management. Consequently, raiders (persoană
agresivă, acaparatoare) were able to borrow money, buy badly-
managed, inefficient and under-priced corporations, and then
restructure them, split them up, and resell them at a profit.
Conventional financial theory argues that stock markets are
efficient, meaning that all relevant information about companies is
built into their share prices. Raiders in the 1980s discovered that this
was quite simply untrue. Although the market could understand data
concerning companies’ earnings, it was highly inefficient in valuing
assets, including land, buildings and pension funds. Asset-stripping –
selling off the assets of poorly performing or under-valued companies
– proved to be highly lucrative (avantajos, profitabil).
Theoretically, there was little risk of making a loss with a
buyout, as the debts incurred (datoriile făcute) were guaranteed by the
companies’ assets. The ideal targets for such buyouts were companies
with huge cash reserves that enabled the buyer to pay the interest on
the debt, or companies with successful subsidiaries that could be sold
to repay the principal, or companies in fields that are not sensitive to a
recession, such as food and tobacco.
Takeovers using borrowed money are called ‘leveraged
buyouts’ or ‘LBOs’. Leverage (raportul dintre creanţe şi capital)
means having a large proportion of debt compared to equity capital.
(Where a company is bought by its existing managers, we talk of a
management buyout or MBO.) Much of the money for LBOs was
provided by the American investment bank Drexel Burnham Lambert,
where Michael Millken was able to convince investors that the high
returns on debt issued by risky enterprises more than compensated for
their riskiness, as the rate of default (rata neonorării plăţii) was lower
116
than might be expected. He created a huge and liquid market of up to
300 billion dollars for ‘junk bonds’ (obligaţiuni cu risc). (Millken was
later arrested and charged (a fi acuzat) with 98 different felonies
(crime, acte penale), including a lot of insider dealing (operaţiuni ale
unui iniţiat, a unei persoane angajate în respectiva firmă), and Drexel
Burnham Lambert went bankrupt (a da faliment) in 1990.)
Raiders and their supporters argue that the permanent threat of
takeovers is a challenge to company managers and directors to do
their jobs better, and that well-run businesses that are not undervalues
are at little risk. The threat of raids forces companies to put capital to
productive use. Fat or lazy companies that fail to do this will be taken
over by raiders who will use assets more efficiently, cut costs, and
increase shareholder value. On the other hand, the permanent threat of
a takeover or a buyout is clearly a disincentive (mijloc de intimidare)
to long-term capital investment, as a company will lose its investment
if a raider tries to break it up as soon as its share price falls below
expectations.
LBOs, however, seem to be largely an American
phenomenon. German and Japanese managers and financiers, for
example, seem to consider companies as places where people work,
rather than as assets to be bought and sold. Hostile takeovers and
buyouts are almost unknown in these two countries, where business
tends to concentrate on long-term goals rather than seek instant stock
market profits. Workers in these companies are considered to be at
least as important as shareholders. The idea of a Japanese manager
restructuring a company, laying off (a concedia temporar) a large
number of workers, and getting a huge pay rise (as frequently happens
in Britain and the US), is unthinkable. Lay-offs in Japan are instead a
cause for shame for which managers are expected to apologize.
Summarizing
Complete the following sentences, which summarize the text
above.
1 The fact that many large conglomerates’ assets were worth more
than their stock market valuation demonstrated that …
2 Raiders bought conglomerates in order to …
3 Raiders showed that the stock market did not …
4 Raiders were particularly interested in …
5 Investors were prepared to lend money to finance LBOs because …
6 Raiders argue that the possibility of a buyout …
117
26. Profits and social responsibility
Vocabulary
Find words or expressions in the text which mean the following.
Jingle = a zornăi
Rustle = a foşni
Clink = a zăngăni
Piggy-bank = puşculiţă
Cowrie = scoică, ghioc
Beads = mărgele, mătănii
Wampum = colier de scoici
Coins
We first read of coins in the Kingdom of Lydia in the 7th
century BC. Their coins were of equal weight and therefore of equal
value, simplifying trade. Stamping a design onto the coins is called
“minting”; Alexander the Great introduced the practice of stamping a
picture of the sovereign’s head on the coins, an idea that was soon
copied.
Coins however, were not always as valuable as they seemed –
they were often clipped or shaved by unscrupulous individuals or
debased by the state. The Romans, with the economic pressure of the
Punic wars, began a long process of debasement, mixing more and
more copper in with the silver, so that the intrinsic value of the coin
was far lower than the marked face value.
Paper Money
Bank notes were first introduced by the Chinese in the 10 th
century. They were later used by governments in dire financial straits
(în dificultăţi mari financiare) – caused by things like having to
finance a war, for example. The English colonies in North America
made important strides in the use of bank notes. For various political
and economic reasons, the Colonists often found themselves short of
coinage. To get round this problem, they used first wampum, then
tobacco, rice and whisky or brandy – not exactly the most practical
solution. The first paper money issue was by the Massachusetts Bay
Colony in 1690. The practice was frowned upon and eventually
banned by the mother country, but the inventive money-making
instincts of the new United States of America meant that, during the
19th century, most of the money used was in the form of paper dollars.
The first fully printed note in England was issued in 1855 – until that
time the cashier had to write the name of the payee and sign each note
individually.
At first, bank notes were redeemable for gold – on Bank of
England notes you will see written “I promise to pay the bearer on
demand the sum of…” If you took a ten-pound note to the Bank they
used to have to give you ten pounds in gold coin. Britain left the gold
standard in 1931 and thus the notes are no longer backed by gold.
Plastic money
Nowadays many transactions are carried out with “plastic
money” such as credit cards. The newest are called “smart cards” and
carry small silicon chips that can record every transaction on the card.
Research into the cards of the future continues, but the latest
122
development is e-cash, cash to be used across the Internet – you’ll be
able to spend money from the comfort of your armchair. If only
earning the damn stuff was so easy!
124
If you’re one of the bosses of a newly-privatised monopoly,
your employees may call you a fat cat, and part of your pay may take
the form of share options; when you started to work for the company
you were given a golden hello and, regardless of the company’s
performance, you will be given a golden handshake when you leave.
Perhaps you’re the kind of boss that never stops complaining about
your employees; if so remember: if you pay peanuts you get
monkeys!
You and your fellow top-managers are likely to enjoy a range
of fringe benefits or perks – like a free car, house and even private
education for your children. This is in lieu of money, and means that
you have a high standard of living without having to declare
hundreds of thousands of pounds at the end of the tax year. All the
expenses the company incurs on your behalf are also tax deductible
for the company, so it doesn’t lose out either.
When the time comes to retire, sooner rather then later, for the
lucky few who can choose early retirement, you may decide to take
your company pension in a lump sum – and finally you can go on that
world cruise!
Borrowing
Many of us go to the bank at some point to ask for a loan – it
is often said that a bank manager is someone who lends you an
umbrella when the sun is shining and who asks for it back when it
starts to rain.
The simplest way to borrow is with an overdraft, or by using
the facilities offered by a credit card; but to borrow large sums you’ll
probably negotiate a loan with your bank; you can either borrow a
fixed amount or agree a credit limit.
125
If you’re buying a house, then you’ll want a mortgage. If the
bank refuses to lend you money, you might resort to borrowing from a
finance company or even the local loan shark to pay off your IOUs
(I Owe You). For any loan, you should look at the Annual Percentage
Rate which takes into account the various charges which will be
included in your repayments.
Borrowing from a loan shark can involve exorbitant interest
rates. If you’re being gouged in this way, then you may end up being
unable to make the repayments. Your debt may be sold to a debt
collector or you may receive a visit from the bailiffs in the UK. If
you’ve been buying something in instalments or on a hire purchase
(HP) scheme, defaulting on the repayments will probably lead to a
visit from the dreaded repo (repossesssion) man.
Forgery
With the invention of money came forgery. Modern
counterfeit notes can be extremely difficult to spot and new
developments in the production of notes are soon copied by the
forgers. Here’s a quick guide to recognizing a counterfeit Bank of
England note:
The feel of the paper: it should be crisp and slightly rough in the
heavily printed areas.
The watermark: you shouldn’t be able to notice it until you hold the
note up to the light; then you can see a picture of the Queen.
The thread: all genuine notes have a thread embedded in the paper.
Recent notes have a “windowed” thread which does not appear as a
continuous line until the note is held up to the light.
Quality of printing: pure, clear colours and sharp, well-defined lines.
IDIOMS
126
Hard Times
If you’ve fallen on hard times, you might tell people that you
need to watch your spending, your money or your pennies. In the
States, you might say that you have to watch every dime. Perhaps
your bank account is in the red, so you decide to control your
spending and keep track of your expenses more closely. This will
certainly involve cutting down on expenses in general, budgeting
your money, tightening your belt and saving your pennies.
Almost certainly you will have to cut the frills (unneccessary
expenditure), trim (reduce) the budget and go back to basics. If an
unexpected expense comes up that you have to meet, you might
decide to dip into your savings, or scrounge the money somehow.
If, on the other hand, you splash out on something
extravagant, you might justify the expense by telling people that
you’ve got enough saved up, that you’ve been saving for a rainy day
or that you’re lucky enough to have a nest egg that you’ve finally
decided to use.
Vocabulary
a. Match up the terms on the left with the definitions on the
right.
1. Bookkeeping
A calculating an individual’s or a company’s liability for tax –
2. Accounting
B writing down the details of transactions (debits and credits) -
3. Managerial accounting
C keeping financial records, recording income and expenditure,
valuing assets and liabilities, and so on
4. Cost accounting
D preparing budgets and other financial reports necessary for
management
127
5. Tax accounting
E inspection and evaluation of accounts by a second set of accountants
– audit
6. Auditing
F using all available accounting procedures and tricks to disguise the
true financial position of a company
7. ‘creative accounting’
G working out the unit cost of products, including materials, labour
and all other expenses
1. Assets
A a company’s owners
2. Depreciation
B all the money received by a company during a given period
3. Liabilities
C all the money that a company will have to pay to someone else in
the future, including taxes, debt, and interest and mortgage payments
4. Turnover
D the amount of business done by a company over a year
5. Creditors (GB) accounts payable (US)
E anything owned by a business (cash investments, buildings,
machines, and so on) that can be used to produce goods or pay
liabilities
6. Debtors (GB) accounts receivable (US)
F the reduction in value of a fixed asset during the years it is in use
(charged against profits)
7. Overheads (GB) overhead (US)
G sums of money owed by customers for goods or services purchased
on credit
8. Revenue or earnings or income
H sums of money owed to suppliers for purchases made on credit
9. Shareholders (GB) stockholders (US)
I (the value of) raw materials, work in progress, and finished products
stored ready for sale
10. Stock (GB) inventory (US)
J the various expenses of operating a business that cannot be charged
to any one product, process or department
128
Reading
Insert the words in vocabulary b) in the gaps in the text below.
Vocabulary
There are ten gaps in the two statements which follow. According
to the information in the previous text, decide where the following
headings should appear:
130
Called-up share capital cash in hand and at bank
Corporation tax debtors depreciation turnover
Freehold properties historical cost net assets overheads
1994 1993
₤ ₤
[1 …………………….] 21,471,680 15,341,689
(income from football and related
activities: gate receipts, broadcasting,
ground advertisements, prize money)
131
1994 1993
₤ ₤
Fixed Assets 28,478,922 18,982,931
(including [4 ……………….],
leasehold properties, plant and
equipment, and motor vehicles;
all recorded at [5 ……………]
minus depreciation)
While reading the text, decide which paragraph could be given the
following headings.
Comprehension
Are the following statements True or False?
Vocabulary
Vocabulary
Match up these terms with the definitions below.
136
1 an arrangement by which a customer can withdraw more from a
bank account than has been deposited in it, up to an agreed limit;
interest on the debt is calculated daily
2 a card which guarantees payment for goods and services purchased
by the cardholder, who pays back the bank or finance company at a
later date
3 a computerized machine that allows bank customers to withdraw
money, check their balance, and so on
4 a fixed sum of money on which interest is paid, lent for a fixed
period, and usually for a specific purpose
5 an instruction to a bank to pay fixed sums of money to certain
people or organizations at stated times
6 a loan, usually to buy property, which serves as a security for the
loan
7 a plastic card issued to bank customers for use in cash dispensers
8 doing banking transactions by telephone or from one’s own personal
computer, linked to the bank via a network
9 one that generally pays little or no interest, but allows the holder to
withdraw his or her cash without any restrictions
10 one that pays interest, but usually cannot be used for paying
cheques (GB) or checks (US), and on which notice is often required to
withdraw money
Read the text below and write short headings (one or two words)
for each paragraph
1……………………………..
Commercial or retail banks are businesses that trade in
money. They receive and hold deposits, pay money according to
customers’ instructions, lend money, offer investment advice,
exchange foreign currencies, and so on. They make a profit from the
difference (known as a spread or a margin) between the interest rates
they pay to lenders or depositors and those they charge to borrowers.
Banks also create credit, because the money they lend, from their
deposits, is generally spent (either on goods or services, or to settle
debts), and in this way transferred to another bank account – often by
way of a bank transfer or a cheque (check) rather than the use of notes
137
or coins – from where it can be lent to another borrower, and so on.
When lending money, bankers have to find a balance between yield
and risk, and between liquidity and different maturities.
2……………………………
Merchant bank in Britain raise funds for industry on the
various financial markets, finance international trade, issue and
underwrite securities, deal with takeovers and mergers, and issue
government bonds. They also generally offer stockbroking and
portfolio management services to rich corporate and individual clients.
Investment banks in the USA are similar, but they can only act as
intermediaries offering advisory services, and do not offer loans
themselves. Investment banks make their profits from the fees and
commissions they charge for their services.
3……………………………..
In the USA, the Glass-Steagall Act of 1934 enforced a strict
separation between commercial banks and investment banks or
stockbroking firms. Yet, the distinction between commercial and
investment banking has become less clear in recent years.
Deregulation in the USA and Britain is leading to the creation of
‘financial supermarkets’: conglomerates combining the services
previously offered by banks, stockbrokers, insurance companies, and
so on. In some European countries (notably Germany, Austria and
Switzerland) there have always been universal banks combining
deposit and loan banking with share and bond dealing and investment
services.
4………………………………
A country’s minimum interest rate is usually fixed by the
central bank. This is the discount rate, at which the central bank makes
secured loans to commercial banks. Banks lend to blue chip borrowers
(very safe large companies) at the base rate or the prime rate; all other
borrowers pay more, depending on their credit standing (or credit
rating, or creditworthiness): the lender’s estimation of their present
and future solvency. Borrowers can usually get a lower interest rate if
the loan is secured or guaranteed by some kind of asset, known as
collateral.
4……………………………
In most financial centres, there are also branches of lots of
foreign banks, largely doing Eurocurrency business. A Eurocurrency
is any currency held outside its country of origin. The first significant
Eurocurrency market was for US dollars in Europe, but the name is
138
now used for foreign currencies held anywhere in the world (e.g. yen
in the US, DM in Japan). Since the US$ is the world’s most important
trading currency – and because the US has for many years had a huge
trade deficit – there is a market of many billions of Eurodollars,
including the oil-exporting countries’ ‘petrodollars’. Although a
central bank can determine the minimum lending rate for its national
currency it has no control over foreign currencies. Furthermore, banks
are not obliged to deposit any of their Eurocurrency assets at 0%
interest with the central bank, which means that they can usually offer
better rates to borrowers and depositors than in the home country.
Vocabulary
a. Find the words or expressions in the text which mean the
following.
140
Mr. X – Good. And what about statements of account? How
frequently does one get them?
Bank Clerk – Normally, once a month. But we shall send one out
after each transaction if you want us to.
General Information:
When do/are you open?
How late do you stay open?
When do you close?
What are your opening hours?
In the US: Does this bank have an ATM (Automatic Teller Machine –
bancomat)
In the UK: Do you have a cash point/dispenser?
The ATM ate/kept my card.
The cash dispenser won’t give me my card back.
If you want to use bank services you may have to queue (UK) or stand
in line (US) and wait for the next available teller (US) – or clerk (UK):
When their desk is free, a light will come on:
Next, please.
Please step down (US).
I’m open over/down here.
Your reply:
It doesn’t matter (which denomination)
All twenties, please.
Just tens and twenties, please.
Five, tens and three fives, please.
No small bills/notes, please.
142
And the reply:
The exchange rate is 1,5 marks to the dollar.
I’m afraid the rate has gone up today.
Means of payment.
I’d just had a phone call from the bank. They couldn’t cash in D’s
cheque. They were told there were insufficient funds on his account.
I’m surprised. That would be the first time. Can you remind me of the
amount?
It’s not a large sum: only 135 pounds.
This is all the more surprising. He is not the kind of person to
overdraw his account. What sort of a cheque did he make out?
I’m looking into his file… Now… It was a giro cheque. Usually he
pays us by bank cheque for small amounts, and by draft for large
sums.
It makes more sense. Just give him a ring, will you? I’m sure he’ll
settle immediately.
I’ll do that. Something else. I’ve had very bad information about B,
you know, the reseller (vânzător) who wanted immediate delivery.
I see who you mean. It’s his first order with us?
That’s it. He’s already had a current account cancelled and has a
reputation for being a slow payer.
143
If so, insist on payment with the order (plata la comandă). Delivery is
out of the question until the sum has been paid into our account.
Well, I think that’s all. Oh yes! One more thing, the drafts to be
discounted…
144
The holder of the credit card must inform our nearest office in case of
loss or theft.
Titularul cărţii de credit trebuie să informeze imediat biroul nostru
cel mai apropiat în caz de pierdere sau de furt.
Thanks to your credit card, you may rent a car without leaving a
deposit.
Datorită cărţii dumneavoastră de credit veţi putea închiria o maşină
fără să lăsaţi o garanţie.
How is it that this cheque has not been endorsed?
Cum se face că acest cec nu a fost andosat?
I suppose you’d rather be paid in cash?
Presupun că preferaţi să fiţi plătiţi cu bani gheaţă.
The draft will fall due at the end of the month.
Trata ajunge la scadenţă la sfârşitul lunii.
Why haven’t you presented this draft for acceptance yet?
De ce nu aţi prezentat încă această trată la acceptare?
How long will it take to have the sum transferred to my account?
Cât durează să viraţi suma în contul meu?
It has been rejected for non-conformity of the signature (because the
signature was not true).
El a fost refuzat din cauza nepotrivirii semnăturii (din cauză că
semnătura nu era cea adevărată).
This is not the first time he has issued bad cheques (dud checks;
cheques that bounce).
Nu este prima dată când el emite cecuri fără acoperire.
Definition
A cheque is signed by the payer and payable to the payee or to his
order. A draft (or bill of exchange) is drawn by the creditor on the
debtor and payable to the drawer or to a third party after acceptance
by the drawee.
Vocabulary
149
Which terms do the following sentences define?
Reading
Comprehension
According to the text, are the following statements True or False?
152
1. Taxes can be designed both to discourage and to encourage
spending.
2. The same amount of money can be taxed more than once.
3. Progressive taxes may discourage people from working extra hours.
4. Sales taxes are unfair because poor people spend more than the rich
do.
5. The Italian government knows that about one seventh of national
income escapes taxation.
6.‘Loopholes’ are a common form of tax evasion.
7.If you pay a lot of your income into a pension fund or a life
insurance policy you never have to pay tax on it.
8. A company that makes an unusually large profit during a tax year
might quickly decide to spend it, for example, on a new factory or
equipment.
Vocabulary
Find words in the text that mean the following.
153
35. Stocks and shares
Companies
Individuals and groups of people doing business as a
partnership, have unlimited liability for debt, unless they form a
limited company. If the business does badly and cannot pay its debts,
any creditor can have it declared bankrupt. The unsuccessful business
people may have to sell nearly all their possessions in order to pay
their debts. This is why most people doing business form limited
companies. A limited company is a legal entity separate from its
owners, and is only liable for the amount of capital that has been
invested in it. If a limited company goes bankrupt, it is wound up and
its assets are liquidated (i.e. sold) to pay the debts. If the assets don’t
cover the liabilities or the debts, they remain unpaid. The creditors
simply do not get all their money back.
Most companies begin as private limited companies. Their
owners have to put up the capital themselves, or borrow from friends
or a bank, perhaps a bank specializing in venture capital. The founders
have to write a Memorandum of Association (GB) or a Certificate of
Incorporation (US), which states the company’s name, its purpose, its
registered office or premises, and the amount of authorized share
capital. They also write Articles of Association (GB) or Bylaws (US),
which set out the duties of directors and the rights of shareholders
(GB) or stockholders (US). They send these documents to the registrar
of companies.
A successful, growing company can apply to a stock exchange
to become a public limited company (GB) or a listed company (US).
Newer and smaller companies usually join ‘over-the-counter’ markets,
such as the Unlisted Securities Market in London or Nasdaq in New
York. Very successful businesses can apply to be quoted or listed (i.e.
to have their shares traded) on major stock exchanges. Publicly quoted
companies have to fulfil a large number of requirements, including
sending their shareholders an independently-audited report every year,
containing the year’s trading results and a statement of their financial
position.
The act of issuing shares (GB) or stocks (US) for the first time
is known as floating a company (making a flotation). Companies
generally use an investment bank to underwrite the issue i.e. to
154
guarantee to purchase all the securities at an agreed price on a certain
day, if they cannot be sold to the public.
Companies wishing to raise more money for expansion can
sometimes issue new shares, which are normally offered first to the
existing shareholders at less than their market price. This is known as
a rights issue. Companies sometimes also choose to capitalize part of
their profit, i.e. turn it into capital, by issuing new shares to
shareholders instead of paying dividends. This is known as a bonus
issue.
Buying a share gives its holder part of the ownership of a
company. Shares generally entitle their owner to vote at a company’s
Annual General Meeting (GB) or Annual Meeting of Stockholders
(US), and to receive a proportion of distributed profits in the form of a
dividend – or to receive part of the company’s residual value if it goes
into liquidation. Shareholders can sell their shares on the secondary
market at any time, but the market price of a share – the price quoted
at any given time on the stock exchange, which reflects (more or less)
how well or badly the company is doing – may differ radically from
its nominal value.
Vocabulary
Find words in the text which mean the following
155
11 to guarantee to buy an entire new share issue, if no one else wants
it
12 a proportion of the annual profits of a limited company, paid to
shareholders
Alternative terminology
Another name for stocks and shares is equities, because all the stocks
or shares of a company – or at least all those of a particular category –
have equal value.
Two terms for nominal value are face value and par value.
Other names for a bonus issue are a scrip issue (short for ‘subscription
certificate’) and a capitalization issue, and in the US, a stock dividend
or stock split.
Vocabulary
Match up the following words and definitions.
156
6. a stock – which usually has a high purchasing price and a low
current rate of return – that is expected to appreciate in capital
value
7. a wholesaler in stocks and shares who deals with brokers
8. financial organizations such as pension funds and insurance
companies which own most of the shares of all leading companies
(over 60%, and rising)
9. the use of information not known to the public to make a profit
out of buying or selling shares
36. Bonds
Vocabulary
Match up the words or phrases on the left with the corresponding
ones on the right.
Vocabulary
Match up the expressions on the left with the definitions on the
right.
Vocabulary
Match up the following words and definitions.
1 Futures
A contracts giving the right, but not the obligation, to buy or sell a
security, a currency, or a commodity at a fixed price during a certain
period of time
2 Options
B contracts to buy or sell fixed quantities of commodity, currency, or
financial asset at a future date, at a price fixed at the time of making
the contract
159
3 Commodities
C a general name for all financial instruments whose price depends on
the movement of another price
4 Derivatives
D buying securities or other assets in the hope of making a capital
gain by selling them at a higher price (or selling them in the hope of
buying them back at a lower price)
5 Hedging
E making contracts to buy or sell a commodity or financial asset at a
pre-arranged price in the future as a protection or ‘insurance’ against
price changes
6 Speculation
F raw materials or primary products (metals, cereals, coffee, etc.) that
are traded on special markets
Reading
Select ten or eleven of the following words that you would expect
to find in an introductory text about futures and options.
Now read the text, and see if you find the words you selected.
Futures
160
billion yen to be exchanged for dollars on September 15, at a rate set
today) are called forward contracts.
Options
161
100: if the market price remains above 100, no one will exercise the
option, so you earn the premium.
On the contrary, if you expect the value of a share that you
own to fall below its current price of 100, you can buy a put option at
100 (or higher): if the price falls, you can still sell your shares at this
price. Alternatively, you could write a call option giving someone else
the right to buy the share at 100: if the market price of the underlying
security remains below the option’s exercise price or strike price, no-
one will take up the option, and you earn the premium.
Swaps
Summarizing
Complete the following sentences
Vocabulary
Find words in the text that are in an obvious sense the opposite of
the terms below.
Glossary
169
Leverage – capacitate de influenţă / raportul dintre creanţe şi capital /
creşterea rentabilităţii capitalului unei societăţi ca urmare a
contractării de datorii
Leveraged buyout – răscumpărarea unei societăţi datorită creşterii
rentabilităţii capitalului ca urmare a contractării de datorii
Levy – a percepe, a impune (o taxă, un impozit) / o taxă
Liabilities – pasivul
Liquidation – lichidare
Listed company – societate pe acţiuni
Loan shark – un cămătar
Loans – împrumuturi
Look up, to pick up – a se redresa
Loss – o pierdere
Loss-making, unprofitable – nerentabil
Lump sum settlement – plată forfetară, plată globală
Make – o marcă (de fabrică), fabricaţie
Maturity (of a loan) – scadenţa unui împrumut
Mercantile Exchange – Bursa de mărfuri
Merchant bank – o bancă comercială
Merchant bank / Investment bank – bancă comercială / de investiţii
Mint – institut britanic de emisiune monetară/ Monetăria Statului
Monetary – monetar
Monetary supply – masă monetară
Money order – mandat poştal
Mortgage – ipotecă
Mutual Fund – societate de investiţii cu capital variabil
Note – bancnotă divizionară
Offset – a contrabalansa, a compensa
Open up – a avea un curs ridicat la deschidere
Opt-out clause – o clauză excepţională
Order – o comandă
Outlet – un debuşeu, un punct de desfacere
Outstanding – neachitat, întârziat (la plată)
Overdraft – descoperire în cont, sold debitor
Overdraw (an account) – a descoperi, a epuiza un cont
Overdue – expirat, întârziat, scadent
Overheads, fixed costs – cheltuieli fixe
Overheat – a supraîncălzi
Over-the-counter market – piaţă de titluri fără valoare
Pace – beneficiar
170
Paper money – bani de hârtie, bancnote
Pawn – a gaja, a amaneta
Pawnbroker – cămătar
Pay (in) cash – a plăti în numerar, a plăti cu bani gheaţă
Pay as you earn (PAYE) – plata prin prelevare direct de la sursă
Pay back, to repay – a rambursa
Pay into an account – a vărsa într-un cont
Payee – beneficiar
Pay-in slip – foaie de depunere sau de vărsământ
Payment by installments – plată în rate
Payment in cash – plată în numerar
Payment-in – virament (într-un cont)
Pick up the tab – a achita nota de plată
Plough back profits – a reinvesti profiturile
Plummet – a merge foarte prost, a avea greutăţi mari
Policy – o politică, o strategie
Portfolio – un portofoliu (de valori)
Postpone –a întârzia, a amâna
Premise – locaţie
Price index – un indice de preţ
Prime rate (A.E.) – rată de bază
Private limited company – societate cu răspundere limitată
Privatise – a privatiza
Production, output – producţie
Profit margin – o marjă de profit
Promissory note – bilet de ordin, cambie, titlu de gaj, obligaţiune
Pundit – un expert
Purchase – o achiziţie, o cumpărare
Qualified majority – majoritatea calificată
Quid (B.E.) – bancnotă sau bancnote de o liră (familiar)
Quota – o cotă-parte
Quote – a cota
Quoted or listed company – societate cotată la bursă
Rally – a se reface, a se întări
Recover – a se restabili, a-şi reveni, a se reface
Recurring – care se repetă, periodic, recurent
Recurring expenses – cheltuieli recurente
Reduce, to cut back – a reduce
Refund – a rambursa
Registrar of companies – registrul de comerţ
171
Regulation – regulament, reglementare
Remittance – vărsământ
Rents – chirii
Repay, to pay back – a rambursa
Residual value – valoare reziduală
Restrict – a impune o restricţie
Retail price index – indicele preţurilor cu amănuntul
Revalue – a reevalua
Revenue – venituri
Rights issue – emisiuni rezervate acţionarilor
Rise in prices – o creştere a preţurilor
Running costs – cheltuieli variabile
Safe – casă de bani
Savings – economii, bani economisiţi
Savings account – cont de economii
Savings Bank – casă de economii
Security – titlu de valoare
Sell at a premium – a vinde sub preţul pieţei
Sell short – a vinde la termen, a subevalua
Setback – o cădere, o involuţie, un regres
Settle – a echilibra un cont, a plăti
Settlement – plată
Share – a împărţi, a participa împreună
Share – o acţiune
Shoot up – a creşte vertiginos
Short term – pe termen scurt
Shortage – o penurie
Shortfall – o lipsă, o insuficienţă
Sight withdrawal – retragere la vedere
Single market – o piaţă unică
Slacken, to slow down – a încetini, a frâna
Slash – a reduce radical
Slide – a scădea
Slow payer – rău platnic
Slump – a scădea masiv
Small amount, small sum – sumă mică
Solvency – solvabilitate
Spending – cheltuieli
Spin-off – o schimbare radicală
Spot market – piaţa tranzacţiilor cu plata pe loc
172
Spread / Margin – marjă, margine
Squeeze – a presa, a constrânge
Stagflation – stagflaţie, (stagnare economică + inflaţie)
Stagnate – a stagna
Stake – participare, interest
Standard of living – standardul de viaţă
Statement of account – extras de cont bancar
Steady – stabil
Stimulate – a sitmula
Stock Exchange – Bursa de Valori
Stock market – o piaţă bursieră
Stock, securities – valori, titluri
Stockbroker – un agent de schimb/bursă
Stub, counter-foil – cotor, talon, matcă (de chitanţă, cec etc.)
Subscribe – a subscrie
Subscription – abonament
Subside –a subvenţiona
Sue – a face un proces, a chema în instanţă
Sum – o sumă
Summit – o întâlnire de vârf
Supply / provide sb. With sth. – ofertă, a furniza ceva cuiva
Survey – un studiu, o anchetă
Swap – swap (operaţie de schimb între două devize prevăzută pentru
o anumită perioadă)
Target – o ţintă
Tariff – un tarif vamal
Tax – a impune taxe, a impozita
Tax allowance – scutire de taxe
Tax break – o reducere/ scădere de impozit
Tax collector – un perceptor
Tax haven – un paradis fiscal
Tax relief – degrevare de impozit
Taxpayer – un contribuabil
Telegraphic money order – mandat telegrafic
Thrive, to prosper – a prospera
Tighten one’s belt – a strânge cureaua
Trade – a face comerţ
Trade bank – bancă comercială
Trade gap – un deficit comercial
Transfer – a transfera, a vira
173
Traveller’s cheques (A.E. traveler’s checks) – cecuri de călătorie
Treasury – tezaurul public
Trend – o tendinţă
Trust – a avea încredere, a încredinţa
Turnover – volumul afacerilor
Underwrite – garantarea subscrierii unei emisiuni
Upturn, an upswing – o redresare, o ascensiune
Valuables – obiecte de valoare
Valuables / deeds – acte, valori
Value added tax – taxă pe valoarea adăugată
Venture capital – capital de risc
Veto sth. – a-şi exprima dreptul de veto faţă de ceva
Volatile – nervos, febril
Wind up – a lichida
Withdraw – a retrage
Withdrawal – prevelare, retragere
Write out (to make out) a cheque – a trage, a întocmi un cec
Yield – a aduce, a produce venit
Yield – randament
Yield an interest – a produce o dobândă
Cheia exerciţiilor
Module 1
Module 2
175
Reception: Well, at the moment he’s away. Would you like to leave
a message?
Lara Camden: Yes, perhaps you would ask Mr. Bird to call me? My
name’s Camden, Lara Camden, on 0181 299 462.
Reception: Right, that’s Lara Canden on 0181 299 462. Okay?
Lara Camden: Yes, er… Camden. C…A…M…D…E…N.
Reception: Oh yes, sorry! I’ve got that now.
Lara Camden: Thank you. I look forward to hearing from Mr. Bird.
Reception: It’s a pleasure. Thanks for calling. Bye for now.
Practice 2 – a model example of the conversation
Intership: Intership, good morning.
Computech: Hello, my name’s Alex Hall from Computech Arcos in
Singapore.
Intership: Sorry, did you say Alex Hall from Computech Arcos?
Computech: Yes, that’s right.
Intership: Okay, how can I help you, Mr. Hall?
Computech: Well, I’d like an appointment with Mr. Dionis.
Intership: Can you tell me what’s about?
Computech: Certainly. I’d like to discuss the transporting of goods
from Singapore to Athens.
Intership: I see. When would be a good time for you to come here?
Computech: May I suggest next week?
Intership: I’m sorry, next week’s not possible – Mr. Dionis is away
next week. How about the beginning of the next month?
Computech: Yes, that would be okay. Could we say Monday 3 rd of
May?
Intership: Er, unfortunately Mr. Dionis is busy all day on that
Monday. He could make it Tuesday 4th.
Computech: That’s fine. Shall we say ten a.m.?
Intership: Yes, that’s a good time for us. Erm… can I ask you to
confirm by fax? And would you like us to book you a hotel?
Computech: I’ll fax – and thank you but no, the hotel booking isn’t
necessary. I think that’s everything, for now –
Intership: Right, many thanks, we look forward to your fax to
confirm the meeting. Goodbye, Mr. Hall.
Computech: Bye for now.
176
Computech Arcos
Lorong One Toa Payoh
Singapore 1253
Telephone: ++65 350 574
Fax: ++65 250 552
177
Luisa: Yes, I’m sure. Now, we need the other three printers
urgently. Delays are causing us problem with our customers. They are
rather unhappy.
Tao Loon: Okay, er, at the moment we have some stock problems.
Luisa: Well, can you give me a delivery date – it’s very urgent.
Tao Loon: Right – let me see. We can promise you a despatch next
Monday.
Luisa: No, I’m sorry, that’s not good enough. We need despatch
now.
Tao Loon: I’m sorry – that’s not possible. But we’ll despatch on
Monday, I assure you.
Luisa: Well, will you please send a fax to confirm that.
Tao Loon: Of course. And I do apologize for the problem.
Luisa: Right, goodbye for now.
Tao Loon: Goodbye.
Reading
a. True; b. True; c. False; d. False; e. True; f. False
Module 3
Practice 1
Tokyo medical congress
a. Probably very formal.
b. High expectations in terms of technical support, a fair amount of
detail and clearly a lot of expertise.
c. High level of specialist knowledge – audience are experts.
d. Depends on congress organization – probably less then an hour.
e. Depends on congress organization – probably questions follow.
f. Use of visual supports with key information, plus later publication
of Congress Proceedings
Purchasing and Product Managers of a Taiwanese company
a. Probably semi-formal.
b. High expectations in terms of technical support, a fair amount of
detail and clearly a lot of expertise.
c. High level of specialist knowledge – at least the Product Manager
will be very expert, the Purchasing Manager perhaps less so.
d. Depends on objectives and on complexity of equipment. Could be
a very long presentation, even a whole day or a one hour
presentation might be enough.
178
e. Probably interruption are encouraged to make everything clear as
the presenter goes along.
f. Use of visual support, photographs, diagrams, or the actual
machine itself. Follow-up documentation will also be available.
Internal meeting / administrative staff
a. Informal.
b. Reasonably high expectations in terms of speaker’s knowledge.
c. The audience will probably have good background knowledge but
have come to learn about a new system.
d. Probably short – thought it might be half a day!
e. Interruptions encouraged.
f. Probably illustrations, possibly handouts.
A staff meeting / charity event
a. Informal.
b. Low expectations.
c. The audience have come to hear ideas.
d. Probably short – five or ten minutes?
e. Interruptions encouraged.
f. Keep to clear simple structure making one or two important
points.
Practice 2
Subject / title of talk. 1
Introduction to oneself, job title, etc. 4
Reference to questions and / or discussion. 2
Reference to the programme for the day. 4
Reference to how long you are going to speak for. 3
Reference to the visual aids you plan to use. 5
The scope of your talk: what is and is not included. 4
An outline of the structure of your talk. 1
A summary of the conclusions. 4
Note: There are no hard rules about what should be included. Most
suggestions here are open to discussion and
variation, depending on circumstances.
Reading
a.
Visuals make information more memorable
Help the speaker
Show information which is not easily expressed in words
Highlight information
179
Cause audience to employ another sense to receive information
Bring variety and therefore increase audience’s attention
Save time
Clarify complex information
b.
Presenters sometimes place the major emphasis on visual aids and
relegate themselves to the minor role of narrator or technician
Visuals must support what the speaker says
It is not enough just to read what the visual says
Reading
Find out about the audience.
Find out what they need to know.
Plan what you’re going to say.
Say it clearly and concisely.
Introduce information using lists.
Give a link between parts of the presentation.
Provide a logical sequencing of information.
Use careful repetition of key information.
Don’t give too much information or too many fact.
Reading
a. The main body of the presentation contains the details of what
was introduced in the introduction.
b. See figure included in the text.
Practice 4 – a model of presentation
Good morning, everyone. I’d like to talk about the advertising mix for
the new Cheri range of beauty products. We are planing two
categories of advertising, above-the-line and below-the-line. I’ll talk
first about above-the-line advertising. There are three kinds: these are
television commercials, secondly, newspapers – newspaper
advertising. The third kind is magazines. There are two basic types we
aim at: youth magazines and those aimed specifically at the women’s
market. Now, below-the-line advertising: there are three methods here
also: the first is in-store advertising, then there’s on-pack promotions
and finally targeted mailing. So, in-store advertising: what does it
mean? Basically, displays in the shop, merchandising, and that sort of
thing. The second below-the-line advertising is on-pack promotions –
there are many kinds, most obviously things like coupons,
competitions, joint promotions and free samples. The last kind of
below-the-line advertising is targeted mailing, using a mailing list.
180
That completes the overview of what we can do to launch the product,
so…
Reading
a. No response from the audience.
b.
A truly successful and interesting talk will avoid the problem.
The speaker can give an instruction to the audience – especially in
sales presentations.
To have question prepared to ask the audience, or identify
someone whom you know will have something to say.
Handling questions
Difficulties may arise because:
1.questions / discussion is relatively unstructured
2. the speaker has less control
3. speaker has to switch into listen and answer mode
4. it may be difficult to hear, to understand, to answer or to distinguish
between an opinion and a question.
Practice 5 – model answers
1. So, that concludes what I want to say, so now I’d like to ask you
for your comments, opening up discussion, or perhaps you have a
question or two?
2. Er, in fact what I said was this process has been going on for a
very long time. I’m sorry if I was not clear on this point.
3. I wonder if anyone can suggest why this has happened or if
anzone has any comments on it?
4. Yes, you’re right, but can I suggest one or two other factors? One
is the increasing number of take-overs of smaller companies…
5. So are you saying that in the USA or Europe that could not
happen?
6. Yes, I agree, but the situation is changing.
7. Sorry, I don’t quite follow you. Can you say that again … put it
another way …?
Exercise 1 – The new product
Introducing yourself
Good morning ladies and gentlemen; we haven’t all met before so I’d
better introduce myself. I’m Luis Lopez from the development
department of Citrus Incorporated… I should say before we start that I
hope you’ll excuse my English. I’m a little out of practice…
181
Preparing the audience
Anyway, I’m going to be talking this morning about a new product
which we are planning to launch in two months’ time; it’s called
KOOL-OUT, that’s K-O-O-L dash O-U-T, and it’s a lemon-flavoured
drink…
Well, I’ll start with the background to the product launch; and then
move on to a description of the product itself, I’m going to list some
of the main selling points that we should emphasize in the advertising
and sales campaign. I think if you don’t mind, we’ll leave questions to
the end…
Delivering the message
Now firstly, as you all know, we had a gap in our soft-drink product
range for the last two years; we have been manufacturing mixed-fruit
drinks and orange drinks for the last ten years, but we stopped
producing lemonade two years ago; I think we all agreed that there
was room on the market for a completely new lemon-flavoured drink
… Secondly, the market research indicated that more and more
consumers are using soft drinks as mixers with alcohol, so in other
words, the market itself has expanded.
This brings me to my next point which is that we have rather new
customer-profile in mind; I must emphasize that this product is aimed
at the young-professional, high-income, market and not the traditional
consumer of old-fashioned lemonade. At this point we must consider
the importance of packaging and design, and if you look at the video
in a moment, you’ll see that we have completely re-vamped the
container itself as well as the label and slogan…
Now to digress for just a moment, the more sophisticated packaging
means a high unit cost, and this may be a problem in the selling area,
but we’ll have a chance to discuss that aspect later… so … to go back
to my earlier point, this is a totally new concept as far as Citrus
Incorporated are concerned; as you see we are using both the new-size
glass bottle and the miniature metal cans.
Finally, let’s look at the major attractions of the product. In spite of
the higher price it will compete well with existing brands; the design
is more modern than any of the current rival products, and incidentally
the flavour is more realistic and natural… it’s low calorie, too.
Winding-up
O.K., so just before closing, I’d like to summarize my main points
again… We have KOOL-OUT, a new design concept, aimed at a
relatively new age and income group; it’s designed to be consumed on
182
its own, as a soft drink, or to be used as a mixer in alcohol-based
drinks and cocktails. It comes in both bottle and can and this will
mean a slightly higher price than we are used to; but the improved
flavour and the package design should give us a real advantage in
today’s market… well, that’s all I have today for the moment, thank
you for listening, now if there are any questions, I’ll be happy to
answer them…
Exercise 2 – The product presentation
See the model presentation and use the words in italics.
Exercise 3 – Can I interrupt here?
A 2; b 3; c 4; d 5; e 1
Exercise 4 – Anticipating questions
(suggestions) a. I can hear you say… b. Now you may well ask, what
does he mean by… c. An obvious problem is the cost of the
accessories. d. You will have noticed that… e. Now you may well
ask…
Module 4
Practice 1
a. Welcome, everybody. Thank you for coming.
b. We are here today to talk about … (and to decide …; to look at)
c. We have an agenda with three points. (You’ve all seen the agenda.
I’d like to ask if anyone has any comments on it.)
d. I think Mr. Kano is ready to tell us something about … (Can I ask
… to open with his remarks.)
e. If you don’t mind, can we let Mr. Kano finish? (Sorry, …, I can’t
allow us to consider that question just yet…)
f. Thank you for that …
g. Now, can I ask Ms Perez de Sanchez to tell us her views…
h. Er, can we try to keep to the topic – I think we have gone away
from it a little.
i. I’d like to sum up the main points. (So let me summarize that.
You say that …)
j. Would anyone like to say anything else on this? (Does anyone
have anything to add to that?)
k. I think we ought to move on to the next topic on the agenda.
183
l. So, before the next meeting, I’ll send out a report on this one, Mr
Kano will prepare (…) and will then fix a new date, some time
next month.
m. Thank you. that’s everything. That’s it for today.
Practice 2
1. A model of Agenda
Time: Finish:
Place:
Participants:
Agenda
1. Apologizes for absence
2. Minutes of previous meeting
3. Chair’s opening address
4. Personnel changes
5. Review of marketing performance in the current year
6. New products
7. Marketing plans for next year
8. Any other business
9. Date of next meeting
187
false: 3, 4, to second means to give formal support to the motion
for presentation to the board, 5 to abstain means to decide no to
vote
Exercise 3 – Could I ask you a question?
You: I’m afraid I can’t comment at the moment.
You: A statement will be issued shortly.
You: I’m sorry, but I can’t comment at this stage.
You: Yes, I’m pleased to be in your country.
You: I can’t tell you anything before the statement is issued.
You: I would rather not answer that question at present.
You: I did not say that at all.
Module 5
Practice 1 – a model
a. Well, welcome to … It’s very good that you could come to see us
here.
b. I hope you had a good trip? Not too long …? Did you get a taxi
when you arrives here?
c. At lunchtime we’ll be able to show you a little bit of the city –
have something to eat in a local restaurant.
d. Well, shall we make a start?
e. Okay, well, can I ask Luke Fox, from our Marketing Department,
to begin our discussion with some opening remarks. I think
you’ve met James already this morning, and a little while ago too?
f. Firstly, we see this meeting as an exploratory session, I think it’s
best for both of us that we look at some general questions.
g. We’d like to establish the beginnings of a partnership … It would
be particularly interesting for us to learn about your supply
systems … about price variations and about supply costs.
Practice 2
1.
Identify your minimum requirements. 2
Prepare your opening statement. 7
Decide what concessions you could make. 3
Know your own strengths and weaknesses. 4
Know your role as part of a team. 6
Prepare your negotiation position – know your aims and objectives.1
188
Prepare any figures, any calculations and any support materials you
may need. i
2.
a. Knowing your aims and objectives
ii. helps clear thinking and purpose.
b. Knowing your own strengths and weaknesses
iv. helps you to know the market, the context in which you want to
work.
c. Preparing any figures, calculations and other materials
5 means you can support your argument.
d. Preparing an opening statement
iii. creates reasonable expectations.
Reading
1.
a. T
b. F Better not to guess (though privately you might to some extend).
c. T
d. F Issues are best dealt together with other issues, in a package.
e. T One should usually be prepared to make concessions.
f. T
g. F No, one can keep on talking and find a way round the problem.
2.
a. Check what they say without commenting, at least not
immediately.
b. Vary the quantity or the quality, or bring in third parties.
c. Be prepared, think about the whole package, be constructive.
Practice 3
b We can give you free delivery with a larger order.
c We provide free on-site training for only a small price increase.
d. We can give 5 % discount if you agree to payment on delivery.
e. We can offer you an extra £50,000 compensation in exchange for
your agreement not to go to law.
f. We promise to improve safety for staff provided that we reach
agreement on new contracts.
g. The company will introduce better working conditions if the staff
accept shorter breaks.
Practice 4
Ojanpera: Well, we’re happy to buy a machine if you can give us a
good price.
189
Beck: I’m sure we can. As you know our prices are very competitive.
Ojanpera: Even so, I’m sure you can allow us a discount?
Beck: Okay, well a discount could be possible if you agree to pay for
the shipping costs.
Ojanpera: That sounds okay, if the discount is a good one.
Beck: How about 4 %?
Ojanpera: 6 % would be better.
Beck: I’m sorry, we can’t manage that unless you pay for the
installation.
Ojanpera: Okay, our engineers will take care of that.
Beck: Okay then, so to confirm: a 6 % discount but you pay all the
shipping and installation costs.
Ojanpera: That sounds all right.
Practice 5
Neil Finch
Ministry of Urban Development
140- 144 Whitehall
London WCI 4RF
May 2 200—
Dear Neil,
190
We would like to confirm through this letter and the (c) enclosed
drawings that the property (d) included in the above sale consists of
the land presently occupied by the station buildings and also the
former car parks to the east of the station, the offices to the west and
the warehouse alongside the tracks. The government-owned housing
on the north side of the railway lines is (e) excluded .
Your sincerely,
Jill Kearne
Chief Negotiator
Encs. (I)
Reading
a. emphasize the benefits available to both sides
b. invent new options for mutual gain
c. change the package
d. adjourn to think and reflect
e. change location
f. change negotiator (personal chemistry?)
g. bring in a third party (mediator?)
191
h. fix an off-the-record meeting
Practice 6
Situation 1
The problem is that we have never offered the kind of warranty you
are looking for.
Since we have a difficulty here, may I suggest we leave the problem of
the warranty and come back to it later? Perhaps we could talk about
training for our technical staff?
Situation 2
There’s a number of issues on the table. We seem to be a long way
from an agreement.
Can I suggest a lower price, but link this with us paying the shipment
costs or agreeing to different payment terms?
Situation 3
The price you are asking is rather high, quite a lot higher than we were
expecting.
Well, if it would help, we could agree to longer payment terms
Situation 4
There are several problems. We think there is quite a lot of negotiation
ahead before we can agree on a common strategy.
The benefits of reaching agreement are considerable. We will have
more global influence and better prospects for the future.
Strategies in dealing with conflict
Strategy 1
I think we’re not really making much progress. Perhaps it would be
better to leave this point for a while and come back to it later. Could
we talk about a different aspect to the deal, perhaps the question of
delivery?
Strategy 2
I think it is important to think about what could happen if we do not
reach agreement. The most obvious consequence will be that we will
both lose market share. The only winners will be our competitors. It
could be serious for both of us.
Strategy 3
There seem to be a number of problems, but I’d like to summarize the
positive elements – issues where we have made progress. First, we
agree that we have to settle the dispute between us, we understand
how important this is. Second, we agree that the terms of our original
agreement need to be changed. Third, we also agree that the change
192
will depend on the different market conditions which affect our
products… These are important points of progress.
Strategy 4
Can I suggest we take a short break? I think it will help if we look at
some of the issues that are dividing us. Perhaps we will see areas
where we can make a fresh offer.
Strategy 5
The point at issue, Mr. Cinis, is quite simple. We can offer you an
extra 5 % discount, but only if the order is increased by 20 % over the
next three years.
Practice 7
Situation 1
Let me make a suggestion. If you agree to buy 100 units every month
for the next twelve months, we’ll agree a 10 % discount.
Unfortunately, I can’t say how many we’ll need in six months and
certainly not in twelve. I can’t take the risk on such a large order at
this stage.
Situation 2
The price we are offering excludes installation costs but does include
a twelve month’s guarantee.
I’m afraid that’s not really acceptable. You know that other suppliers
offer free installation and two year parts and labour warranty?
Situation 3
I think the absolute minimum investment in advertising must be
$40,000, otherwise we cannot reach enough of our market. It’s not
much to ask for.
It’s a pity but it’s still more than our budget. I can’t go that high.
Situation 4
Now, some excellent news: we’d like to increase our order. Right now
you are sending us 350 boxes a month. We need at least 500, demand
is very high …
Well, I’m glad you’re having a lot of success with our products, but
the bad news is that our order books are full, and the plant is working
at full capacity. We’re a bit stuck I’m afraid
Practice 8
Situation 1
It’s been a long meeting, but finally I’m very glad we’re able to reach
agreement. I think it would be good if we could go on to a restaurant
now, we’d be pleased if you can join us.
193
Situation 2
I’m sorry our efforts to reach agreement have not been successful. I
suggest we stop here, but I hope that in the future we might work
together on something.
Situation 3
Unfortunately I feel it would be better if I don’t join you on this
project, but no doubt there’ll be plenty of other things we’ll work on.
Situation 4
I’d like to repeat our order, but not on those terms. I’m sorry, we can’t
agree to this. I think we’ll go elsewhere, but thanks anyway.
Situation 5
I’m sorry, but it really is physically impossible. We cannot supply
goods in so short time. It’s just impossible. Sorry we can’t help you.
Exercise 1 – Your turn to negotiate
Suggested replies: Let’s see how we get on. Why such a long delivery
period? This is our position. We need delivery of six weeks
maximum, with four weeks for installation. I’m sorry, but I can’t
accept eight weeks. You’ll have to do better than that, I’m afraid. I’m
afraid I can’t increase the delivery period any further. I have my
instructions. May I make a suggestion? If you can promise delivery in
six weeks, then we may be able to talk about further order. Let’s go
through the terms: six weeks for delivery and four weeks for
installation; and the decision about the next order to be taken by the
26th. Agreed?
Exercise 2 – Ten rules for negotiating
a 4; b 6; c 1; d 8; e 2; f 5; g 7; h 3.
Exercise 3 – When things get difficult
A. Would you like me to go through that again? B. I’ll have to come
back to you on this. C. Could you give me a moment to do some
calculations? D. What is the basis of calculation for transport? E. I’m
just looking. Could you bear with me a moment? F. The figure for
installation costs? What is the basis for calculation? G. I’m sorry,
could you go through it again?
Exercise 4 – Vocabulary for contracts
a. agreement; parties; sections; clauses; conditions. b. provides for,
binding; abide by/comply with; breach c. arbitration; litigation;
compromise; court; out of court d. term; terminate.
Exercise 5 – Licensing terms
194
(in order): have the legal rights over; let you have; permission;
country; an immediate payment; 5 % to pay; yearly bottom limit;
period; further years; when it ended; illegal copying; official
manufacturer; ask for a ban; copier’s.
Module 6
Discussion
A personal choice of qualities: D, F, H, and J.
Vocabulary
a. 1 resources 2 manageable 3 setting, communicate
4 supervise, performance 5 achieved 6 board of directors
7 innovations
b.Common collocations include: allocate resources (or people);
communicate information or decisions; develop strategies (or people
or subordinates); make decisions; measure performance; motivate
people; perform jobs; set objectives; and supervise subordinates.
Module 7
Vocabulary
1 C; 2 E; 3 B; 4 A; 5 F; 6 G; 7 D
Reading
A functional structure
B matrix structure
C line structure
D staff position
195
Sales consists of two sections, the Northern and Southern Regions,
whose heads report to the Sales Manager, who is accountable to the
Marketing Manager.
Module 8
Vocabulary
a. 1 subcontractor 2 component
3 outsourcing or contracting out 4 capacity 5 plant
6 location 7 inventory 8 lead time
b. 1 A and E 2 C 3D 4 A and E 5 A and E 6D
7F 8E 9F 10 E 11 B 12 E 13 B 14 C and E
15 B and F
Reading
1 component 2 subcontractor 3 inventory 4 outsourcing
5 location 6 plants 7 capacity 8 lead times
Reading
1. What is a product? / The definition of a product.
2. Brand names.
3. Product lines and product mixes.
4. Line-stretching and line-filling.
Vocabulary
1 credit facilities 2 warranty or guarantee 3 shelf
4 brand-switchers 5 (product) life cycle 6 profitability
7 opportunities 8 market share 9 image 10 niche
Module 9
Vocabulary
1A 2I 3F 4H 5D 6J 7E 8B 9C
10 G
Reading
Paragraph 1 – the selling and marketing concepts
Paragraph 2 – identifying market opportunities
Paragraph 3 – the importance of market research
Paragraph 4 – the marketing mix
Paragraph 5 – company-to-company marketing
Comprehension
1. Customer needs; 2. Market; 3. Coordinated marketing; 4. Profits
through customer satisfaction
196
Vocabulary
1 word-of-mouth advertising 2 institutional or prestige advertising
3 advertising agencies 4 an account 5 an advertising budget
6 a brief 7 advertising campaign
8 target customers or target market 9 media planners
10 the threshold effect 11 the comparative-parity method
12 counter-cyclical advertising
Discussion
The numbers of respodents who agreed with the statements were as
follows:
1. 90% 2. 72% 3. 85% 4. 51% 5. 41% 6. 49% 7. 60% 8. 57%
Reading
1 target 2 awareness 3 medium 4 tactics
5 trial 6 maturity 7 aimed 8 loyalty 9 advertising
10 channel
Summarizing
1 When a new product is launched, the producer has to inform
customers about its existence and develop brand awareness.
2 Promotion is one of the four elements of the marketing mix; sales
promotions are one of the four different promotional tools.
3 The advantages of publicity include the fact that it is much cheaper
than advertising, and can have a better impact, because it seems that
people are more likely to read and believe publicity than advertising.
4 The four stages of the standard product life cycle (excluding the pre-
launched development stage) are introduction, growth, maturity and
decline.
5 Reasons to offer temporary price reductions include attracting price-
conscious brand-switchers, offsetting a promotion by a competitor,
and, for stores, attracting customers by way of ‘loss leaders’.
6. Sales promotions need not only be aimed at customers; they can
also be used with distributors, dealers and retailers, and with a
company’s sales force.
7. Apart from selling a company’s products, sales representatives
bring information back to a company from its customers, including
ideas for new products.
Vocabulary
1. competitors 2 word-of-mouth advertising 3 brand-switchers
4 points of sale 5 brand name 6 line-stretching 7 packaging
8 product improvement 9 media plan 10 packaging
197
Module 10
Reading
1 Market leaders
2 Expanding markets
3 Market challengers
4 Market followers
5 Establishing a niche / Dangers faced by market followers
Vocabulary
1 market share 2 promotions 3 monopoly
4 competitors 5 slogan 6 market segmentation 7 niche
8 differential advantage 9 turnover 10 recession
Vocabulary
1 to innovate (innovation) 2 to diversify (diversification)
3 to merge (a merger) 4 a raid 5 a takeover bid
6 horizontal integration 7 vertical integration 8 backward
integration 9 forward integration 10 synergy
Summarizing
1 The fact that many large conglomerates’ assets were worth more
than their stock market valuation demonstrated that they were clearly
not maximizing stockholder value, i.e. giving their stockholders the
maximum possible return on their investment.
2 Raiders bought conglomerates in order to strip them of their assets,
i.e. to restructure them, split them up, and resell the pieces at a profit.
3 Raiders showed that the stock market did not necessarily value
companies’ assets correctly, especially land, buildings and pension
funds.
4 Raiders were particularly interested in companies with large cash
reserves, companies with successful subsidiaries that could be sold,
and companies in fields that are not sensitive to a recession.
5 Investors were prepared to lend money to finance LBOs because
they received a high rate of interest which more than compensated for
the risk that the bonds would not be repaid.
2. Raiders argue that the possibility of a buyout forces company
managers and directors to do their jobs well, and to use their
capital productively.
Vocabulary
1 charities 2 legitimacy 3 perfect competition 4 welfare
198
5 threatening 6 vitality 7 free enterprise 8 conforming
9 embodied 10 proponents
Module 11
Vocabulary
1B 2C 3D 4G 5A 6E 7F
Vocabulary
1 shareholders or stockholders 2 earnings or income 3 liabilities
4 turnover 5 assets 6 depreciation or amortization
7 debtors or accounts receivable 8 creditors or accounts
payable 9 stock or inventory 10 overheads or overhead
Reading
1 assets 2 stock or inventory 3 depreciation or
amortization 4 shareholders or stockholders 5 earnings or income
6 turnover 7 overheads or overhead 8 liabilities
9 debtors or accounts receivable 10 creditors or accounts
payable
Vocabulary – Financial statements
1. turnover 2. overheads 3. depreciation 4. freehold properties
5. historical cost 6. debtors 7. cash in hand at bank 8. corporation
tax. 9. net assets 10. called – up share capital.
Reading
A The period of gold convertibility.
B Floating exchanges rates.
C The abolition of exchange controls.
D Intervention and managed floating exchange rates.
E The power of speculators and the collapse of the EMS.
F Why many business people would prefer a single currency.
G The introduction of the single European currency.
Comprehension
1 False 2 False 3 True 4 False
5 True 6 True 7 True 8 False
Vocabulary
1. 1B 2D 3A 4C 5F 6E
2. 1 adjust 2 convert 3 abolish 4 suspend
5 fluctuate 6 diverge
Module 12
199
Vocabulary
1 overdraft 2 credit card 3 cash dispenser or ATM
4 loan 5 standing order or direct debit 6 mortgage 7 cash card
8 home banking 9 current or checking account 10 deposit or
time or notice account
Reading
1 Commercial banking
2 Investment banking
3 Universal banking
4 Interest rates
5 Eurocurrencies
Vocabulary
1. 1 deposit 2 foreign currencies 3 yield 4 liquidity
5 maturity 6 underwrite 7 takeover 8 merger
9 stockbroking 10 portfolio management 11 deregulation
12 conglomerate 13 blue chip 14 solvency 15 collateral
2.Common collocation include: charge interest; do business; exchange
currencies; issue bonds; make loans; make profits; offer advice; offer
loans; pay interest; raise funds; receive deposits; underwrite security
issues
Vocabulary
1B 2A 3A 4B 5C 6A 7B 8C 9C
10 B
Reading
A The functions of taxation.
B Advantages and disadvantages of different tax systems.
C Tax evasion.
D Avoiding tax on salaries.
E Avoiding tax on profits.
Comprehension
1True
2True
3True
4False
5False
6 False
7True
Vocabulary
1 depreciation 2 disincentive 3 regressive 4 consumption
200
5 self-employed 6 national insurance 7 perks
8 tax shelters 9 tax-deductible 10 tax havens
Module 13
Vocabulary
1 liability 2 creditor 3 bankrupt 4 assets
5 to liquidate 6 liabilities 7 to put up capital
8 venture capital 9 founders 10 premises
11 underwrite 12 dividend
Vocabulary
1 mutual fund 2 portfolio 3 stockbroker 4 blue chip
5 defensive stock 6 growth stock 7 market-maker
8 institutional investors 9 inside share-dealing
Vocabulary
1H 2B 3A 4C 5I 6E 7F 8D 9J
10 G
Vocabulary
1F 2E 3A 4B 5G 6C 7D
Vocabulary
1B 2A 3F 4C 5E 6D
Summarizing
1 The difference between futures and forward contracts is that futures
are standardized deals and forwards are individual ‘over-the-counter’
agreements between two parties.
2 Producers and buyers often choose to hedge because this allows
them to guarantee prices for several months.
3 Speculators can make money on currency futures if they correctly
anticipate exchange rate appreciations or depreciations or interest rate
changes.
4 If you believe that a share price will rise, possible option strategies
include buying a call, which you will be able to sell at a profit, and
writing (selling) a put, which will never be exercised, so you earn the
premium.
5 On the contrary, if you think a share price will fall, possible option
strategies include buying a put, so you will be able to sell your shares
at above the market price, and writing a call, which will never be
exercised, so you earn the premium.
201
6 The risk with currency and interest rate swaps is that the exchange
and interest rates may change unfavourably.
Vocabulary
Appreciate – depreciate
Call – put
Discount – premium
Drought – flood
Floating – fixed
Hedging – speculation
Spot market – futures market
Strike price – market price
The word ‘premium’ is used twice with two different meanings in the
text. ‘At a premium’ means above the nominal or market price;
premium also means the price of an option contract.
I. VERBE MODALE I
MAY şi CAN
(Permisiune, probabilitate, abilitate)
May şi can sunt verbe modale sau ajutătoare: ele sunt verbe defective,
deoarece:
- au numai 3 timpuri: indicativ prezent, indicativ trecut şi
condiţional prezent
- nu primesc s la persoana a III-a singular
- nu primesc do, does, did la interogativ sau negativ
- sunt urmate de infinitivul fără TO
202
May / Might
May se folosesşte la prezent. Might la condiţional prezent. Ambele
sunt invariabile şi sunt urmate de un infinitiv fără To.
Forme contrase: mayn’t / mightn’t
Utilizare:
Notă
Formele alternative sunt:
Maybe it will rain.
It is likely to rain.
Notă
Forme alternative:
Am I allowed to open the window?
You are not permitted to smoke in my car.
Notă
Forme alternative:
I think it is very likely to rain today.
Notă
May / might as well are alt sens:
There is nothing interesting on TV this evening, I may / might as well
have an early night.
Bill isn’t in his office, he may have gone home early. (It’s possible
that he went home.)
You might have burnt your hand while taking that hot tray out of
the oven (but you didn’t).
Can / Could
Can se foloseşte la prezent, adesea cu sens de viitor. Could se
foloseşte la trecut şi condiţional prezent. Ambele sunt invariabile şi
sunt urmate de infinitiv fără To.
Utilizare:
Notă
La negativ, could şi might au sensuri diferite.
Ken could not be building the house by himself. (It’s impossible. It is
too much work.)
Ken might not be building the house by himself. (He isn’t building the
house himself. He probably has help.)
Notă
Pentru alte timpuri se foloseşte to be able to
She will be able to type 100 words a minute soon.
I could have driven you to the airport, but I didn’t have my car.
205
Sau când nu ştim dacă acţiunea s-a petrecut sau nu
Have you seen my umbrella? Dan could have taken it; it was
raining when he left.
Notă
Forme alternative:
You might have hurt your back lifting that heavy table.
You would probably have hurt your back lifting that heavy table.
Notă
May / might şi can / could se repetă în întrebări disjunctive şi
răspunsuri scurte.
He can’t go, can he?
May Sally come in? Yes, she may.
Notă
To be able to exprimă abilitatea. Este o alternativă formală pentru can
/ could în prezent, în trecut sau la condiţional. Pentru toate celelalte
timpuri putem folosi numai to be able to.
Exerciţii:
Traduceţi în limba engleză următoarele propoziţii
206
1. Pot să te ajut cu ceva? 2. Îmi permiţi să te ajut? 3. Poate că se
plimbă prin grădină, habar n-am unde e. 4. Poate că spune adevărul,
mai bine ai asculta ce are de spus. 5. Poate că-mi voi fi terminat
lucrarea până vii tu să mă ajuţi. 6. Poate că bătrâna sufla greu după ce
a urcat scările acelea, fiindcă liftul era defect. 7. Poate că voi fi ajuns
la gară până va pleca trenul. 8. M-am gândit că s-ar putea să plouă, aşa
că mi-am luat umbrela. 9. I-am spus că n-are nimeni voie să intre-n
camera mea când dorm. 10. S-ar putea să tuşească dacă a răcit. 11. La-
i putea ajuta să-şi ducă geanta, dacă-l vezi gâfâind. 12. Puteai să-i
împrumuţi nişte bani, dacă ştiai că are greutăţi.
Cheia exerciţiilor:
1. This is an old table which no one can lift. 2. He could not swim, so
when the ship sank he drowned. 3. You can’t proceed, this land is
private property. 4. You can’t sell what does not belong to you. 5. You
can’t have resolved to deny him all help when he most needs it. 6. His
romance with her can’t have lasted more than a month. 7. Can he be
playing when I told him to do his homework first? 8. Will you be able
to please him, knowing he is so sensitive? 9. I have never been able to
remember long sentences. 10. The scholar said he had been able to
count for a very long time. 11. He said he could give me soda if I was
thirsty. 12. I hoped I could walk to the station but I stopped at a bus
stop. 13. You could wait for him in the study if you would. 14. He
could have taken a vacant seat, but he preferred standing. 15. You
could have peeped through the keyhole if you were so curious.
1.Can I help you? 2. May I help you? 3. She may be walking in the
garden, I have no idea where she is. 4. She may be telling the truth,
you had better listen to what she has to say. 5. I may have finished my
paper by the time you come to help me. 6. The old lady may have
been breathing hard after she had climed all those stairs, because the
elevator was out of order. 7. I may reached the station before the train
leaves. 8. I thought it might rain, so I have taken my umbrella. 9. I told
him no one might enter my room when I was asleep. 10. He might
cough if he has caught cold. 11. You might help him carry his bag if
207
you see him gasping for breath. 12. You might have lent him some
money if you knew he was in need.
Must, need, should şi ought to sunt verbe modale; ele sunt defective,
având:
- timpuri lipsă
- persoana a III-a singular fără s
- interogativul şi negativul prezentului fără do sau does
- sunt urmate de infinitiv fără To
Notă
Toate timpurile care lipsesc sunt înlocuite cu verbe normale:
To have to sau to need to
Notă
To have to exprimă atât obligaţia cât şi necesitatea la timpurile la care
el reprezintă singura posibilitate (infinitiv, trecut simplu, perfect
prezent, viitor, forma în –ing etc.).
208
Must / Have to / Need to
Notă
Must se foloseşte de obicei când obligaţia vine din partea vorbitorului
care-şi exprimă propriile sentimente.
Have to se foloseşte când obligaţia vine din partea unei a treia
persoane.
You must tidy up your room before you go out. (= Îţi ordon)
You have to drive on the left in Great Britain. (= Aşa spune legea)
Notă
În general have to şi have got to se folosesc la fel numai la prezent.
Have got to este considerat mai formal.
Have to se foloseşte pentru acţiuni repetate, de obicei întărit cu un
adverb de frecvenţă.
Chris has to visit her ill mother every day.
Chirs has got to do some shopping for her ill mother today.
209
3. Have to poate fi folosit la toate celelalte timpuri.
I have never had to work so much before.
The police would have had to open fire if the criminals hadn’t
surrendered.
Notă
Deducţia negativă se poate exprima cu can’t sau can’t have:
It’s only eleven o’clock, Tim can’t be hungry!
The Smiths are in China. They can’t have sent that post-card from
Peru.
Notă
Have to exprimă necesitatea, poate fi folosit şi la negativ şi
interogativ.
We didn’t have to book the restaurant. There was plenty of room.
Do we have to rush?
210
Construcţie negativă: Need not este similar cu don’t have to.
Ambele exprimă absenţa unei obligaţii sau necesităţi.
We need not rush. There’s plenty of time.
Construcţie interogativă:
Need we rush? There’s plenty of time.
Notă
Need not + infinitiv perfect diferă de did not need to.
Jack need not have gone to the dentist. (= Jack s-a dus, dar nu era
necesar.)
Jack did not need to go to the dentist. (= Nu era necesar ca Jack să se
ducă, dar nu ştim dacă s-a dus sau nu.)
Ought to / Should
Utilizare:
Exerciţii:
Cheia exerciţiilor:
1. She retorted she must take care of her figure. 2. I did not know I
must pay a fine if I parked my car her. 3. But you must stay for
dinner! 4. You must show me your new dress! 5. He must be at his
office, fiiling in forms, as he does daily. 6. I do not see him around, he
must be playing basketball somewhere. 7. He is not at home, he must
be roaming the streets and shopping with industry. 8. That scar must
have been a bad injury a while ago. 9. He must have been studying at
the library when you were looking for him. 10. Children must not talk
to the mayor when he is busy. 11. I have had to listen to his offensive
words for two hours, but I am not going to put up with it any longer.
12. The officer stated that he had had to talk to his wife about
changing his job because he had been late too many times. 13. Need
he come to the library today or can he wait untill tomorrow? 14. They
needn’t have come so soon, I could have wited. 15. She needn’t have
bought that hat, he was going to buy it for her.
III. INFINITIVUL
Formă
Formele principale de infinitiv sunt:
Infinitiv prezent to work
Infinitiv prezent continuu to be working
Infinitiv perfect to have worked
Infinitiv perfect continuu to have been working
Infinitiv pasiv to be worked
Utilizare: Infinitivul cu TO
214
Notă
Unele verbe – like, love, hate, prefer, care, mean, intend – pot fi
urmate de infinitivul cu to şi de forma în –ing.
She likes to skate.
She likes skating.
Ori condiţionalul
I’d love to see Eve.
Would you prefer to do it now?
That… should (be) este o construcţie care poate urma şi după
agree, arrange, ask, decide, demand.
The girls agreed to organize a party.
The girls agreed that they should organize a party.
The girls agreed that a party should be organized.
Infinitivul continuu urmează adesea după appear, happen,
pretend, seem.
It seems to be raining.
The children pretended to be hiding.
Notă
Când două subiecte diferite fac necesară folosirea unei subordonate,
folosiţi so that pentru a introduce subordonata şi a exprima scopul.
I deposited the money in the bank so that my son can use it in later
years.
Notă
Pentru a exprima negaţia puneţi not înaintea infinitivului cu TO.
He ran in order not to be late.
215
Notă
Folosiţi and (în loc de TO) pentru a exprima scopul după go sau
come.
We should go and buy some milk.
Come and visit us!
Notă
Whether + infinitiv cu to poate fi folosit:
După wonder şi know.
Alex wondered whether to knock or wait outside.
După formele interogative şi negative ale verbelor decide, know,
remember.
Did you finally decide whether to go camping or not?
Notă
Infinitivul cu to poate înlocui o propoziţie relativă:
După the only, the last, the first, the second etc.
Joe was the first to board the submarine. (= Joe a fost primul care s-a
îmbarcat pe submarin.)
Notă
Remind, teach şi tell pot fi şi ele urmate de that:
216
He reminded Sue to come on time.
He reminded Sue that she had to /should come on time.
Notă
Suppose işi poate schimba sensul la pasiv:
You are supposed to… înseamnă Este datoria ta să…
Notă
217
În construcţiile cu it, of + pronume/substantiv, urmează adesea după
adjectiv.
It was nice of you to come.
It was rude of the man to slam the door.
Notă
For + substantiv/pronume pot fi introduse în faţa infinitivului:
He ran too fast for us to follow.
Infinitivul fără TO
1. verbe modale
may, can, must, shall, should, will, would
We may come tomorrow.
2. feel, see, hear, watch, let la forma activă
Claire heard him cough.
Notă
Forma în – ing se foloseşte adesea după feel, see, hear, watch (atât
forme active cât şi pasive)
Claire heard him coughing. / He was heard coughing.
4. make
The teacher made Ellen correct her errors.
Notă
La forma pasivă make este urmat de infinitiv cu TO:
218
Ellen was made to correct her errors (by the teacher).
Exerciţii:
Cheia exerciţiilor:
219
IV. FORMELE ÎN – ING (Participiul şi Gerund-ul)
Notă
Cuvântul TO este o sursă de confuzii. Uneori to este o prepoziţie
urmată de –ing. Alteori to intoduce un infinitiv complet.
Kevin looked forward to seeing her.
Kevin wanted to see her.
I am used to studying until late. = I am accustomed to studying late.
I used to study until late. = I always studied until late.
220
5. după anumite verbe şi expresii
Principalele verbe şi expresii sunt: admit, avoid, delay, detest, enjoy,
finish, imagine, mind, miss, postpone, practise, remember, resist, stop,
can’t stand, can’t help, be worth, be busy, be no good, be no use,
deny, keep, risk
Did you mind selling your house?
I missed listening to her play the piano.
We stopped studying in the summer.
Notă
Notaţi diferenţa dintre:
He remembered writing to us. = Îşi amintea că ne-a scris.
They remembered to write to us. = Nu au uitat să ne scrie.
He stopped eating. = El a terminat de mâncat.
He stopped to eat. = S-a oprit din alte treburi ca să mănânce.
Notă
Admit, deny, remember primesc şi pe that:
They remembered that they had sent us the bill.
Notă
Hate, like, love, prefer pot primi infinitiv + to.
I love dancing. = I love to dance.
Dar la condiţional ele primesc de obicei infinitiv cu to:
I’d love to dance.
221
Utilizarea complementului pronominal este mai răspândită în engleza
vorbită:
I certainly understand him getting upset.
Notă
Iată câteva modificări ortografice:
1. Dispare –e final.
Live living
Give giving
Dar nu pentru:
Be being
Age ageing
Dye dyeing
Glue glueing
2. Finala în –ie se schimbă în –y.
Die dying
Lie lying
3. Se dublează consoana finală.
Stop stopping
Travel travelling
Begin beginning
Dar nu şi pentru:
Read reading
Peel peeling
Suffer suffering
PARTICIPIUL
Notă
Aceleaşi verbe pot fi urmate şi de complement + infinitiv fără TO.
He heard the baby cry.
8. în locul subordonatelor:
A. în locul unei subordonate relative
We watched the boy working. (= We watched the boy who was
working.)
B. în locul subordonatelor.
când două acţiuni se petrec la acelaşi moment în timp.
Smiling warmly, she shook Hector’s hand. (= She smiled warmly as
she shook Hector’s hand.)
Learning to ski, Sam broke his leg. (= While Sam was learning to ski,
he broke his leg.)
pentru a înlocui o propoziţie care începe cu since sau because.
Thinking Joan was honest, he lent her the money. (= Because he
thought Joan was honest, he lent her the money.)
Being curious, he looked through the keyhole. (= Since he was
curious, he looked through the keyhole.)
când acţiunea unei subordonate se petrece în mod clar înainte de
acţiunea celeilalte subordonate se foloseşte participiul perfect.
Having got divorced once, Al decided not to marry again. (= After he
had got divorced once, Al decided not to marry again.)
223
V. VERBE CARE PRIMESC INFINITIVE SAU
FORMA ÎN –ING
Utilizare:
1. Infinitivul + to se foloseşte de obicei după: afford, agree, appear,
arrange, ask, attempt, decide, expect, fail, help, hope, learn,
manage, mean, offer, plan, prepare, pretend, promise, refuse,
seem, tend, threaten, want, wish
I can’t afford to buy a new car now.
I fail to see the point you are making.
Notă
Forma negativă este not to + infinitiv.
Clive Waston decided not to accept the new job offer.
Notă
224
După help, TO este opţional.
Emma’s mother always helps her (to) do her homework.
După ask, enable, force, get, invite, order, persuade, remind, teach,
tell, warn + complement.
Can you ask them to leave, please?
I persuaded Jane to come hiking with me tomorrow.
După make în propoziţii pasive.
When I was at school, I was made to wear a uniform.
Notă
Forma negativă este: not + -ing
I enjoy not having to work.
Notă
Forma pasivă este posibilă şi cu being + participiu trecut.
225
Helen enjoys being involved in the local comunity.
Verbe ca: admit, deny, mention, recall, regret pot primi: having +
participiu trecut cu referire la acţiuni finalizate în trecut.
Tom now regrets having moved to Paris.
Notă
După: admit, deny, regret, suggest se poate folosi şi that.
Sam denied that he had shot his wife.
Sau
Sam denied shooting his wife.
După verbe complexe: carry on, end up, give up, go round, keep on,
put off, set about
You carry on thinking while I eat my lunch.
Frank is always trying hard to give up smoking.
Exerciţii:
226
1. He used (dance) a lot but he hasn’t had any opportunity of (do) is
since he began (prepare) for the entrance examination. 2. They were
used to (live) alone, so they didn’t really mind the lonely life they led
on the moon. 3. I like (skate) and (ski), but it is very difficult for me
(say) which I like better. 4. We got tired of (wait) for him (come) and
eventually decided (go) out without (leave) any notice to him. 5. I
remember (hear) her (say) the flowers needed (water). 6. We highly
appreciate (you, want) (help) our son, but it’s time he began (do) his
homwork by himself. 7. We don’t remember (you, say) before that
John wanted (buy) our car. 8. I wonder why he hated (I, smoke) at the
office since he often enjoys (smoke) a cigarette himself. 9. It is no use
(you, ask) me (insist) on (Mike, come) in time as he can’t get rid of
his bad habit; he often tried (be) punctual but he always failed. 10.
Wherever I set to work, I recollect (my father, say) that if a job is
worth (do) at all it is worth (do) well.
1. Vara florile au nevoie de apă (de a fi udate) în fiecare zi. 2. Îmi face
multă plăcere să-i accept invitaţia deoarece ea întotdeauna reuşeşte să
gătească mâncăruri foarte gustoase. 3. Iertaţi-mă că vă deranjez, aveţi
cumva un chibrit? 4. Îmi place să mănânc îngheţată chiar când e frig.
5. Vă deranjează dacă deschid fereastra pentru câteva minute? E un
aer foarte inchis aici. 6. N-are nici un rost să pleci miercuri, se
aşteaptă ca tu să fii acolo sâmbătă. 7. Au insistat să le scriu în fiecare
zi, dar asta mă exasperează deoarece mie nu-mi place să scriu scrisori.
8. Ei au refuzat să ne permită să intrăm fără a cumpăra bilete, deşi
fusesem invitaţi la premieră. 9. A trebuit să ne amânăm plecarea
pentru că Jane era bolnavă. 10. Nu-mi place ca cineva să se uite la
mine când încerc să învăţ a merge pe bicicletă.
Cheia exerciţiilor:
Notă
Când verbele complexe sunt urmate de un verb, acest verb este de
obicei la forma în –ing.
228
Notă
Nu folosim prepoziţii după următoarele verbe:
answer, ask, call, phone, ring, discuss, enter, meet, reach, suit, tell
Notă
Exemple de verbe + prepoziţie:
agree to something; agree with somebody/something; allow for
something; amount for something; apologise for something; apply
for something; approve of somebody/something; attend to
somebody/something; complain (to somebody) about
somebody/something; conform to something; consent to something;
consist of something; depend on something; hear about something;
hear from somebody; hope for something; insist on something; look
at somebody/something; look for somebody/something; look forward
to something; pay (somebody) for something; refer to something; rely
on somebody/something; succeed in something; think about
something (= concentrate on); think of something (= consider); wait
for somebody/something
2. Verb + complement + prepoziţie
Notă
Prepoziţia from se foloseşte după verbe care exprimă refuzul:
prohibit, restrain, forbid, prevent, ban, veto, stop
They prevented us from exporting the goods.
Notă
După verbe care exprimă acceptul se foloseşte complement +
infinitiv: allow, authorise, help, permit, enable, encourage
They helped us to export the goods.
Notă
Exemple de verbe + complement + prepoziţie:
229
accuse somebody of something; advise somebody of/about
something; compare somebody/something with somebody/something;
congratulate somebody on something; convince somebody of
something; describe something to somebody; divide/cut/split
something into something; do something about somebody/something;
explain something to somebody; interest somebody in something;
prefer somebody/something to somebody/something; prevent
somebody/something from somebody/something; protect
somebody/something from somebody/something; provide somebody
with something; remind somebody of something; spend money on
something; tell somebody about something
Notă
Cele mai frecvente adverbe folosite sunt: about, along, away, back,
down, forward, in, off, on, out, over, round, through, up
Notă
Unele dintre phrasal verbs îşi păstrează sensul individual al verbului +
cel al adverbului:
I’ve brought back the plans. Would you like to see them?
Notă
Exemple de Phrasal verbs:
230
Break down (stop working); bring about (cause); call off (cancel);
call round (visit); close down (stop the operations of); come along
(come); fill in (complete by writing in relevant information); find out
(discover); look over (examine quickly); make up (invent); move in
(take possesssion of new premises); put on (turn on); send back
(return); speak up (speak louder); speed up (make faster); throw
away; turn down (reject); turn up (arrive); walk through; write
down
Exerciţii:
Traduceţi în limba engleză folosind get ca phrasal verb:
1. Tom promise că se va apuca serios de treabă dar numai începând de
lunea viitoare. 2. Şterge-o. Degeaba încerci să mă cucereşti. 3. De
când i s-a publicat lucrarea nu îşi mai încape în piele de mândrie. 4.
Şi-a dat seama că nu poţi rămâne nedescoperit când faci o crimă. 5. Ai
scăpat ieftin! 6. Ştie cum s-o ia pe mătuşa ei şi s-o facă să-i cumpere
tot ce-şi doreşte.
Cheia exerciţiilor:
231
* 1. Tom promised to get down to work but only beginning with next
Monday. 2. Get along with you! You are trying in vain to get round
me. 3. Since he had his work published he has simply got above
himself. 4. He realized one can’t get away with crime. 5. You got off
cheaply! 6. She knows how to get round her aunt and make her buy
her whatever she wishes.
* 1. The gifted writer carried off the Prize for Literature. 2. He knows
how to talk without giving himself away at all. 3. He was carried away
by the impudence of the urchin’s retorts. 4. He had been too sure his
luck would not give out. 5. This window gives on (to) the seashore.
232
Regula de bază pentru a determina timpul verbal din subordonată este
după cum urmează:
Notă
Condiţionalele de tipul II şi III nu se modifică în vorbirea indirectă.
Condiţionala de tipul I se modifică într-una de tipul II.
Jo said: “If I listen, I will learn.”
Jo said that if he listened, he would learn.
Notă
233
Când vorbitorul îşi relatează propriul discurs, pronumele şi adjectivele
rămân neschimbate.
I said: “I am angry.” I said that I was angry.
Notă
Principalele verbe ale vorbirii indirecte sunt say şi tell.
Tell cere persoana cu care se vorbeşte
Say poate funcţiona singur sau poate primi to + persoana cu care se
vorbeşte:
Tom told us that he was leaving.
Tom said that he was leaving.
Tom said to us that he was leaving.
Interogaţii
234
Topica verbelor interogative în interogaţia directă se modifică în
interogaţia indirectă devenind topica verbelor afirmative
I asked: ”Who did she go with?”
I asked who she had gone with.
Există două tipuri de întrebări directe: Wh-questions şi yes/no
questions.
În vorbirea indirectă se menţin cuvintele interogative cu Wh-
When exactly will you be in Poland?
He asked when exactly I would be in Poland.
Notă
Verbe ale relatării utilizate pentru întrebări: ask, demand, examine,
inquire, investigate, query, question
Notă
235
Verbele relatării folosite pentru comenzi, cerinţe, sfaturi sunt: ask,
beg, brief, call for, command, direct, implore, instruct, invite, press,
request, require, tell, urge
Notă
Alte verbe folosite în vorbirea indirectă. Unele dintre aceste verbe cer
o propoziţie subordonată (1), altele un infinitiv cu To (2), iar altele cer
ambele variante(1,2):
convince (1,2), encourage (1,2), entreat (2), indoctrinate (2), invite
(2), motivate (2), persuade (1,2), threaten (2), urge (1,2), warn (1,2)
Exerciţii:
236
Cheia exerciţiilor:
So I told him to hurry up.
So I asked her to slow down.
I told her not to worry.
So I asked Tom to give me a hand.
And asked me to open my bag.
So I asked him to repeat what he had said.
So I told her not to wait for me if I was late.
So he asked her to marry him.
So I told him to mind his own business.
Prepoziţii de mişcare
Notă
Utilizare specială. Este destul de comună folosirea structurilor-tip,
precum:
Up/down the street
Up to/down to the supermarket
On/off a bus, bicycle, plane, ship, sau orice alt mijloc de transport.
(dar: into/out of a car)
2. Deplasare printr-un spaţiu
Across along by past through over
238
Past: a se mişca de pe o parte a ceva pe cealaltă.
I am sure I saw a thief move past the window.
3. Direcţii
Around at away from for into onto out of to towards
Notă
You shout at somebody (când eşti nervos)
But you shout to somebody (când vrei să atragi atenţia)
You throw something to somebody (când vrei să prindă ce arunci)
But you throw something at somebody or something (când vrei să
loveşti pe cineva sau ceva)
4. Mişcări comparative
After ahead of / in front of behind
Prepoziţii de poziţie
240
1. Poziţii pe verticală
Above after below down in on over to under(neath) up
Below: ceva imediat inferior unui alt lucru, sau mai puţin important
In a company structure a sales representative comes below a
sales manager.
2. Poziţii relative
Against along alongside around at beside by on the
right / on the left of near next to towards
Around: vecinătate
He must be around here somewhere; I can see his footprints.
By: în vecinătatea
Bill’s very lucky; he has a summer house by the sea.
On the right of / on the left of: aşezat la dreapta / stânga a ceva sau a
cuiva
There’s a suspicious looking man standing on the left of the
president.
3. Poziţii opuse
Across after before behind facing in front of opposite over
Across: trecut de o anumită limită
If you look across the field you’ll see the church.
Prepoziţii de timp
1. Timpul pe ceas
About around at in on
Notă
At se foloseşte şi pentru a face referiri la perioada din preajma
sărbătorilor:
I always go skiing for a week at Christmas.
Notă
Se spune:
In the morning/ afternoon / evening
Dar
At night
By: ceva care se petrece înainte sau nu mai târziu de un moment dat
Applications must be sumitted by June 5th.
3. Durata în timp
About between during for in since until
Diverse
246
At: abilităţi într-o anume activitate
My daughter, Emma, has always been good at drawing.
From: originea
My family come from Warrington in Cheshire.
Utilizare:
Conjuncţii de timp
Notă
Just poate fi folosit în faţa acestor conjuncţii pentru a sublinia
apropierea în timp a acelor două acţiuni
Just as he noticed he was being watched, he ran off.
Conjuncţii contrastive
Notă
Though este o alternativă mai puţin formală pentru although şi even
though. În engleza vorbită apare de obicei la sfârşitul propoziţiei.
George studied hard. He didn’t manage to pass his exam though.
Notă
In spite of şi despite pot fi folosite şi cu the fact that.
In spite of the fact that he was very busy, he took time off work.
248
4. however se foloseşte cu referire la contradicţia dintre două
propoziţii.
The secret agent was told to be at the meeting point at 6 o’clock
sharp. However, when he arrived, his contact wasn’t there.
Notă
Because, because of, as şi since au acelaşi sens dar folosesc
construcţii diferite.
Because se foloseşte înainte de subiect şi verb.
Because of se foloseşte înainte de substantiv.
As şi since se folosesc amândouă la începutul propoziţiei.
Notă
So şi therefore au acelaşi sens. So este mai frecvent în engleza
vorbită.
249
IX. SUBSTANTIVUL
Notă
În engleză toate propoziţiile trebuie să aibă subiect. Subiectul poate fi
un substantiv sau un pronume.
Notă
Substantivele proprii se scriu întotdeauna cu iniţială majusculă.
GENUL
250
Child şi baby pot fi considerate neutre.
The baby closed its eyes and fell asleep.
Notă
Recent, în încercarea de a elimina “discriminarea de gen”, există o
tendinţă de a înlocui “terminaţiile” man şi woman cu person sau
de a le elimina complet. În alte cazuri au fost create alte expresii
sau alte cuvinte lipsite de gen.
NUMĂRUL
251
Substantivele numărabile se pot număra, adică au număr. Pot avea
atât forme de singular cât şi de plural. La singular pot fi precedate de
a(n) sau one.
Plural
Forme regulate:
1. La majoritatea substantivelor se adaugă –s formei de singular.
Book, books day, days house, houses
Donkey, donkeys safe, safes girl, girls
Notă
Există excepţii: kilo, kilos photo, photos piano, pianos radio,
radios soprano, sopranos
Forme neregulate
1. Unele substantive elimină –f / fe de la final şi primesc –ves.
Calf, calves wife, wives wolf, wolves
Loaf, loaves leaf, leaves life, lives
Shelf, shelves thief, thieves knife, knives self, selves
Notă
Atenţie! Child, children person, people
252
3. Unele substantive au aceeaşi formă la singular şi la plural:
Sheep,deer, aircraft, trout, series, species, salmon, means, fish,
headquarters
Notă
Police este considerat a fi la plural.
The police are inspecting their house.
Notă
Aceste substantive nu sunt Niciodată precedate de numere (one, two,
three etc.). pentru a indica numărul, folosiţi some, a little, etc. sau
pair/set, group etc. + of.
Ten pairs of pants, three sets of archives, a roomful of belongings etc.
Notă
Engleza modernă foloseşte adesea data, media şi bacteria cu sens
plural dar cu un verb la singular
The latest data is highly encouraging.
253
7. Substantivele colective se referă la un grup de oameni sau lucruri.
Sunt în mod normal folosite la singular. În engleza britanică se pot
folosi atât verbe la singular cât şi la plural. În engleza americană
au întotdeauna un verb la singular.
Family aristocracy enemy company council
Nobility gouvernment group proletariat press
Opposition gang jury community army public
Audience crew navy staff team committee
Notă
Spre deosebire de substantivele numărabile normale, substantivele
colective nu pot fi direct precedate de numere sau “some”.
Five OF THE group stayed past midnight.
Some OF THE opposition switched sides.
Notă
Ocazional substantivele colective sunt folosite la plural şi sunt
numărabile.
Romeo and Juliet came from two feuding families.
Only two teams can get to the finals.
1. substantive concrete
water wood metal paper grass glass oil
silver gold sand snow rain bread milk
coffee butter wine fire food salt
2. substantive abstracte
love beauty hope relief experience advice
purity joy freedom information courage
254
design duty capacity education evil
time patience reality intelligence
Notă
Work este nenumărabil dar job este numărabil:
Harriet is looking for work. John has found two jobs.
Notă
Iată câteva substantive nenumărabile care în alte limbi se pot deseori
număra:
Advice baggage luggage furniture
Damage hair shopping homework information
Knowledge money weather research progress
Business spaghetti news equipment
4. Nume de limbi
German English Chinese Italian Spanish
Notă
Unele substantive sunt atât numărabile cât şi nenumărabile. Dar sensul
lor e diferit în fiecare caz.
numărabile nenumărabile
a paper paper
a light light
255
a wood wood
a glass glass
an iron iron
a hair hair
He buys a paper everyday. The student had written an interesting
paper on Keats. Paper is made of wood pulp.
Notă
Substantivele nenumărabile nu sunt niciodată precedate de numere (a,
an, one, two, three etc). Iată câteva expresii folosite pentru a indica
numărul/cantitatea:
A piece of information/furniture/advice/equipment/glass/paper/news
A type of atmosphere/behaviour/violence
An item of luggage/news/baggage
A case of mumps/measles/flu
A ray of hope/sunshine
A lot of strenght/security
Substantive compuse
Substantivele compuse sunt formate din două sau mai multe cuvinte
care, împreună, creează un nou substantiv cu un nou sens
Babysitter chec-kup swimming pool mother-in-law
Substantivele compuse pot fi:
256
1. scrise ca un singur cuvânt, cuvinte separate sau cu cratimă. Dacă
aveţi îndoieli cel mai bine e să consultaţi întotdeauna dicţionarul.
Armchair can opener cover-up one-way street
2. numărabile sau nenumărabile
alarm clock fast food
compact disc human race
toothbrush drinking water
waiting room welfare state
yellow pages pocket money
3. compuse din două substantive. Primul substantiv este folosit ca
adjectiv şi este la singular.
Chain factory (a factory for chains)
Cotton skirt (a skirt made of coton)
A ten-year-old girl (a girl who is ten years old)
Car accident (accident involving cars)
A two-week cruise (a cruise lasting two weeks)
4. substantivele compuse numărabile formează pluralul aplicând
regulile normale de plural ultimului substantiv.
Mail boxes dish washers sleeping bags T-shirts
Notă
Uneori (dar rar) substantivele la plural pot fi folosite ca adjective:
Sports car customs department clothes store
Sales divison savings bank news item
1. OF
În multe cazuri folosim of pentru a exprima posesia.
Substantivele, folosite ca adjective, pot şi ele uneori indica
posesia.
257
Door of the car car door
Frame of the picture picture frame
Headquarters of the company company headquarters
The color of the wall the wall color
Needles of the pine tree pine tree needles
Engine of the car car engine
Notă
Adjectivele nu au număr. Substantivele care devin adjective sunt la
singular.
The tops of the boxes. The box tops
2. Genitivul sintetic
În cazul persoanelor şi animalelor folosim genitivul sintetic pentru
a exprima posesia.
‘s ‘
toate substantivele singulare substantivele plurale terminate
substantivele plurale care în –s
NU se termină în –s
Nancy’s the teachers’
James’s the Gallaghers’
His mother’s the Waleses’
My children’s his sisters'
2. în expresii temporale
one week’s pay today’s news a year’s leave
two hour’s wait a month’s holiday yesterday’s partythe
The plane had an hour’s delay.
258
In two weeks’ time I’ll be lying on the beach in Bali.
6. cu OF (posesiv dublu).
Mandy is a friend of Ann’s. = Mandy is one of Ann’s friends.
Notă
Obiectul posedat pierde articolele şi pronumele care îl preced când
este folosit cu un genitiv sintetic.
His child owns THAT bicycle. It is broken. His child’s bicycle is
broken.
Notă
NU folosim genitivul sintetic:
Cu adjective folosite ca substantive:
He intends to improve the condition of the poor.
259
Exerciţii:
Alegeţi forma potrivită a verbelor. Observaţi diferenţa de sens a
substantivelor care primesc atât verbe la singular cât şi la plural.
1. His phonetics is/are much better than hers. 2. My trousers is/are
flared. 3. The scissors is/are lost for ever, I guess. 4. Statistics is/are
his favourite study. 5. Cod eats/eat a variety of food. 6. Acoustics
is/are a branch of physics. 7. The new statistics shows/show a great
increase in manufactured goods. 8. Youth today is/are turning away
from the church. 9. What is/are the most efficient means of dealing
with this problem? 10. The pliers is/are on the table. 11. The acoustics
of the National Theatre Hall is/are excellent. 12. Politics is/are the art
of the possible. 13. Poultry was/were expensive that winter. 14. What
is/are your politics? 15. The people of the country lives/live beyond
their means. 16. He had no time for visitors while the poultry
was/were being fed. 17. Everybody’s means is/are being tested. 18.
Mathematics is/are given top priority nowadays. 19. What is/are cattle
good for? 20. The police has/have made no arrest yet. 21. Fresh-water
fish includes/include salmon, trout, carp and eels. 22. Gymnastics
is/are not given enough attention in our school. 23. The Italian clergy
was/were opposed to divorce. 24. Advice is/are readily given on all
the technical aspects.
Combinaţi expresiile partitive din coloana A cu substantivele
nenumărabile din coloana B. Traduceţi-le în limba română.
A B
An article of sugar
A bar of meat
A cake of bread
A grain of paper
A heap of soap
An item of chocolate
A loaf of land
A lump of rice
A pice of rubbish
A pile of evidence
A sheet of information
A slice of advice
A strip of luggage
A word of furniture
News
260
Cheia exerciţiilor:
X. ARTICOLUL
A dog a computer
A desk a university (sunet consonantic)
A man a house
261
An orange a son
An umbrella an hour (h mut)
An idea an honour (h mut)
A building an example
Notă
The se pronunţă (ð∂) când stă în faţa unui substantiv care începe cu
un sunet consonantic şi (ði:) înaintea unui substantiv care începe cu un
sunet vocalic.
Notă
Când ne referim la acelaşi lucru sau aceeaşi persoană pentru a doua
oară, folosim de obicei pe the.
There is an apple and an orange for the dessert. I’ll eat the apple.
262
propoziţii relative care oferă mai multă informaţie despre cineva
sau ceva:
Jack’s son is a talented artist.
I bought a painting that reminded me of my childhood home.
Notă
A / An şi one sunt uneori interschimbabile dar nu în toate cazurile.
Spunem:
A hundred pounds sau one hundred pounds
Dar
a lot of / a great deal of
263
3. în faţa unui substantiv reprezentând o anume persoană sau un
lucru sau un grup de persoane sau lucruri.
Shall I drive the car? (această maşină)
Will you make the tea, please? (ceaiul pe care ne pregătim să-l
bem)
Notă
Există excepţii.
Omaha is in North America.
The branch manager was sent to South-East Asia on a reconnaissance
trip.
264
Notă
The nu se foloseşte cu nume de munţi izolaţi:
Ben Nevis is the highest mountain in Scotland.
Notă
Nu se foloseşte the cu nume de lacuri.
Lake Windermere, Lake Superior, Lake Victoria
Notă
În anumite cazuri se pot folosi numai substantive la plural.
The Germans were upset about losing the semi-finals.
The Americans hosted the 1994 World Football Championship.
Notă
Uneori numeralele ordinale pot fi folosite fără the atunci când se face
referire la ordinea în care se petrec evenimentele.
Brendan came first and Collin second in the 100 meters.
We went to Manhattan first, then on to Brooklyn.
Notă
Iată o listă de substantive care sunt de obicei la singular şi
nenumărabile în engleză, dar uneori nu şi în alte limbi:
Luggage, baggage, furniture, news, information, advice, behaviour,
damage, permission, traffic, weather, work, accommodation, bread,
luck, progresss, hair
2. în faţa substantivelor abstracte când sunt folosite în mod generic:
beauty, happiness, fear, hope, knowledge, intelligence; cu
excepţia cazurilor când sunt folosite cu sens mai bine specificat.
Knowledge comes to us through our senses.
She got the job because she has a knowledge of English.
Beauty is in the eye of the beholder.
What a beauty!
Exerciţii:
Cheia exerciţiilor:
1. The, the 2. The, a, a, the 3. The 4. a, the 5. A, Ø, the, a, the 6. Ø, Ø,
Ø, the, the 7. The, a, Ø 8. The, Ø 9. Ø, Ø 10. The, the 11. Ø, the 12. Ø,
a, Ø 13. Ø
XI. ADJECTIVUL
Notă
Adjectivele demonstrative sunt SINGURA excepţie. Aceste adjective
sunt variabile. This, that se folosesc su substantive la singular. These,
those se folosesc cu substantive la plural.
This shirt has been ironed. That blouse looks dirty.
268
These flowers are beautiful. Those bushes need cutting.
Poziţie: adjectivele sunt aşezate:
1. în faţa substantivelor.
I’m reading an interesting book.
2. după verbele: be, become, seem, appear, feel, sound, taste, make,
keep, look (= appear), get/turn/grow (= become)
I feel sad.
The weather grew cool.
He makes Janice happy.
Notă
Unele dintre aceste verbe pot avea alte sensuri atunci când sunt
determinate de adverbe:
Gladys looked (= appeared) attractive.
Gladys looked (= examined) carefully the price tag.
1. Adjectivele calificative
Notă
Adjectivele pot fi folosite ca substantive. Ele cer un verb la plural.
The young are often impacient.
Notă
Faceţi diferenţa între little (= mic), little (= nu mult) şi a little (= o
cantitate mică).
269
She babysits for a little girl.
Fish eat little food.
He lent me a little money.
Notă
Pretty este atât adejectiv cât şi adverb.
Ellie is a pretty girl. (= attractive)
Arnold is pretty rich. (= rather)
Notă
Adjectivele sunt determinate de adverbe.
Those boots are very tight.
I feel totally exhausted.
At to about of
Bad married sad rude
Expert cruel sincere stupid
Good kind sorry kind
Slow loyal sure nice
Quick polite thrilled polite
Excited faithful worried sure
270
Shocked sensitive curious generous
Surprised rude enthusiastic
Amused anxious
With on in
Delighted dependent interested
Disgusted expert
Pleased successful
Satisfied
Generous
Notă
Unele adjective îşi schimbă sensul când primesc o altă prepoziţie.
Todd is good at algebra. /Todd is good to his sister.
They are always kind to us. / It’s kind of Helen to help.
Topica
Comparaţia adjectivelor
Notă
Adjectivele de o silabă terminate într-o consoană, dublează consoana:
fat, fatter, fattest
Adjectivele terminate în consoană + y: transfomră pe y în i: pretty,
prettier, prettiest
Comparaţia regulată
Adjectiv comparativ superlativ
Warm warmer the warmest
Happy happier the happiest
Clever cleverer the cleverest
Boring more boring the most boring
Excited more excited the most excited
Comparaţia neregulată
Adjectiv comparativ superlativ
Good, well better the best
Bad worse the worst
Little less the least
Much, many more the most
Far farther the farthest
further the furthest
old older the oldest
elder the eldest
late later the latest
the last
near nearer the nearest
the next
Notă
Good şi well au sensuri diferite:
Beth is good. (= behaves well)
Beth is well. (= she is in good health)
272
Farther şi further se referă ambele la distanţă, dar further mai poate
însemna şi în plus / extra
Boston is farther / further than Plymouth.
Further testing will be necessary.
Older şi elder se referă ambele la vârstă, dar elder se foloseşte pentru
relaţii de familie
The cathedral is the oldest building in town.
Jason is the eldest brother.
The latest înseamnă cel mai recent, the last înseamnă cel final,
ultimul
The latest news was broadcast five minutes ago.
The last news report is at midnight.
The nearest se referă la distanţă, the next la timp / cronologie
The nearest hotel is ten miles away.
The next train is leaving in half an hour.
Comparaţi
Formal Familiar
You are as tall as I am. You are as tall as me.
Bill is older than she is. Bill is older than her.
Notă
Când acelaşi verb se repetă în aceeaşi propoziţie, folosiţi un auxiliar
pentru al doilea verb.
This CD sounds better than that CD sounds. = This CD sounds better
than that CD does.
Notă
Its este adjectiv posesiv.
It’s este forma contrasă a lui it + is.
Notă
Adjectivele posesive sunt invariabile. Ele au aceeaşi formă pentru
substantive la singular şi la plural.
My book, my books his pen, his pens
3. Adjectivele interogative
Notă
Adjectivele interogative sunt invariabile. Ele au aceeali formă pentru
substantive la singular şi la plural.
What photo,what photos / which pen,which pens / whose coat,whose
coats
2. whose precedă substantivul pe care îl determină.
Whose cat is this?
Whose bags are over there?
275
3. când what/which/whose + substantiv joacă rolul de subiect al
unei propoziţii, verbul este la forma afirmativă.
când what/which/whose + substantiv joacă rolul de complement
al unei propoziţii, verbul este la forma interogativă.
Subiect Complement
What team won? What team did you applaud?
Which train arrived late? Which train did Mary take?
Whose coat lost a button? Whose coat did Ben borrow?
4. Adjective cantitative
Notă
Much şi many se folosesc uneori în propoziţii afirmative.
Many guests complained.
Much time has been wasted.
Notă
276
How much / many + substantiv poate fi subiect sau complement.
Verbul din propoziţie se modifică în mod corespunzător.
How much money did he take?
How much is missing?
Oferte şi cereri
Would you like some coffee?
Propoziţii interogative
Does Sarah have any talent?
După with
He left for London with no baggage.
Notă
Some, any, no se combină cu –one, -body, - thing formând cuvintele
compuse: someone, somebody, something, anyone, anybody, anything,
no one, nobody, nothing
C. both
both înseamnă “amândoi, amândouă”
I’ve read both books.
D. either, neither
either înseamnă “oricare din cei/cele doi/două”. Urmează un
substantiv la singular.
Either dress is suitable for the party.
Notă
Either … or implică o alegere:
You can have either eggs or bacon for breakfast.
279
Notă
Adjectivele sunt adesea urmate de construcţii infinitivale.
That’s nice to know!
It was foolish to do that!
We found it easy to memorize.
It is dangerous to ski there.
Exerciţii:
XII. PRONUMELE
2. Pronume Posesive
Notă
Of yours înseamnă one of your + substantiv
Of mine înseamnă one of my + substantiv
John is a friend of ours. = John is one of our friends.
3. Pronume Interogative
Notă
Pronumele interogative sunt invariabile. Ele au o singură formă.
Who is that girl?
Who are those men?
Notă
Which se foloseşte într-un context cu alegere limitată. În rest se
foloseşte what.
What do you see? (poţi vedea orice)
Which (one) is singing? (care persoană, din grupul respectiv, este cea
care cântă?)
Notă
În engleza formală whom este folosit ca şi complement obiect direct.
Engleza vorbită îl foloseşte pe who.
Formal: Whom did you see?
Vorbit: Who did you see?
Notă
Engleza modernă preferă să transfere prepoziţiile la SFÂRŞITUL
propoziţiei. În acest caz whom devine who.
Who did Meg speak with?
What are you interested in?
Which of the two addresses did they send it to?
Notă
What + be? şi what + be … like? Sunt întrebări diferite.
What is Mr. Parker? He is a lawyer.
What is Mr. Parker like? He is short and arrogant.
4. Pronume Cantitative
Pronumele cantitative sunt: much, many, little, few, some, any,
none.
Notă
Much şi many se pot combina cu how.
How much did it cost?
How many came?
Notă
Pronumele somebody, someone, something, anybody, anyone,
anything, no one, nobody, nothing urmează aceleaşi reguli.
5. Pronumele Demonstrative
Pronumele demonstrative sunt: this, that, these şi those
Utilizare:
6. Pronumele Distributive:
Both
Either, neither
7. Pronume Personale
Utilizare:
Notă
De obicei complementul indirect precedă complementul direct.
She sent me a long letter.
Dar
După verbe ca: explain, introduce, translate, describe, say, suggest,
recommend
Dar
Dacă ambele complemente sunt pronume:
Complementul direct este primul iar complementul indirect e introdus
printr-o prepoziţie.
She sent it to me.
I explained it to them.
5. it + be se foloseşte:
8. Pronume Reflexive
Notă
Există o diferenţă între yourself şi yourselves.
Did you enjoy yourself at the party?
Did John and you enjoy yourselves at the party?
288
Utilizare: Pronumele reflexive se folosesc:
1. cu verbe reflexive.
3. pentru întărire
The president himself attended the meeting.
Notă
By + pronume reflexiv înseamnă singur
Un pronume reflexiv folosit cu un verb nereflexiv înseamnă “fără
ajutorul nimănui”.
I live by myself. = I live alone.
I fixed it myself. = I fixed it without any help.
Notă
Each other înseamnă reciprocitate între două persoane.
Exerciţii:
Cheia exerciţiilor:
1. It 2. It 3. It 4. There 5. There 6. It 7. There 8. It 9. It 10. It, there 11.
It, there 12. There, there, it
XIII. ADVERBUL
291
Notă
Dintre aceste adverbe, unele au şi o formă în –LY dar sensul este altul:
HardLY = very little They were highly impatient.
LateLY = recently It hasn’t rained lately.
NearLY = almost Dinner is nearly ready.
ShortLY = soon, briefly Mr. Smith will be here shortly.
PrettiLY = attractively The baby was prettily dressed.
Notă
După be, become, feel, get, look, seem, folosiţi un adjectiv (nu un
adverb).
She felt happy.
Mrs. Poole looks tired.
Notă
Adverbul corespunzător lui Good este Well.
Notă
Unel cuvinte terminate în –LY sunt adjective (nu adverbe)!
Lonely, lovely, likely, friendly, ugly, silly
Ortografie:
Topica:
292
Topica adverbelor variază. Ea depinde în primul rând de tipul de
adverbe folosit. Întărirea poate şi ea afecta topica.
1. la început:
Adverbul e plasat înainte de subiect.
Unfortunately, I couldn’t identify the thief.
2. la sfârşit:
Adverbul este plasat după complement sau, dacă nu există
complement, imediat după verb.
That young man likes Melanie very much.
Notă
Nu plasaţi niciodată un adverb între verb şi complement!
I drink coffee slowly. (Nu I drink slowly coffee.)
3. la mijloc:
Adverbul este plasat:
înainte de verbul principal.
He usually comes for tea.
Tipuri de adverbe
293
1. Adverbe de mod
Notă
În propoziţii cu pasivul, WELL şi BADLY sunt plasate înainte de
participiul trecut:
The book was well written.
2. Adverbe de loc
Notă
Adverbele de loc funcţionează adesea şi ca prepoziţii.
294
Joe ran down the stairs.
Notă
HERE / THERE + be / come / go + subiect substantiv:
There’s Henry! Here comes the train!
Dar
HERE / THERE + subiect pronume + be / come / go:
There he is! Here it comes!
3. Adverbe de timp
Yesterday, now, afterwards, still, soon, eventually, then, today,
at once, till, tomorrow, since then etc.
cu imperative: la sfârşit
Do it now!
Cu YET: la sfârşit
YET se foloseşte mai ales la negativ şi interogativ. Înseamnă
“până acum”.
Mr Jones hasn’t finished yet.
Have you asked him yet?
295
Notă
Since then se foloseşte cu timpurile perfecte.
We haven’t seen the Nelsons since then.
Notă
De obicei adverbele au următoarea ordine:
MOD – LOC – TIMP
The baby slept well yesterday.
Mark worked hard at school last year.
4. Adverbe de frecvenţă
Notă
NEVER se foloseşte cu verbe afirmative. Înseamnă “niciodată”.
I have never been to Japan.
296
EVER se foloseşte în special în propoziţii interogative sau
superlative. Înseamnă “oricând / vreodată”.
Has Ted ever studied statistics?
Jack Gallagher is the best player we have ever had.
5. Adverbele de opinie
Personally, obviously, frankly, certainly, luckily, actually,
probably, definitely, surely etc.
6. Adverbe de grad
Notă
ENOUGH stă înaintea unui substantiv:
We don’t have enough money.
Notă
VERY se foloseşte cu adjective şi adverbe.
VERY MUCH se foloseşte cu verbe.
We are very happy to be here.
Dar
Thank you very much.
Notă
QUITE poate însemna şi “complet”.
You’re quite right! (= You’re completely right.)
298
Slab Puternic
fairly rather/pretty quite very
7. Adverbe interogative
Notă
HOW poate fi folosit cu:
Adjective:
How tall is he?
Much / many:
How much milk does she drink?
Adverbe:
How often does Chris go dancing?
Comparaţia adverbelor
Notă
Early – earlier – the earliest
Comparative neregulate
Well better the best
Badly worse the worst
Little less the least
Much more the most
Far farther/further the farthest/furthest
Notă
Farther / farthest se referă numai la distanţă
He ran farther than planned.
Further / furthest se foloseşte mai mult în general.
He inquired further into the matter.
Notă
Când acelaşi verb apare în ambele părţi ale propoziţiei, folosiţi un
auxiliar pentru cel de-al doilea verb. Astfel evitaţi repetiţia.
300
I don’t think as much as you do.
Inversiunea
Exerciţii:
Cheia exerciţiilor:
1. Tim and Becky had been wandering about the cave for many hours
2. Jim was to recite a poem in the centre of the examination hall that
very morning 3. Though I was very busy at the office yesterday, I
snatched a minute to answer his letter 4. Tom, Huck and Joe decided
to run away from home at daybreak 5. I wish I were over there now 6.
They returned to the camp late in the evening 7. The other day, here
in New York, I had the pleasure of meeting a fine woman of about
fifty. 8. My brothers and my husband will be home soon from the
shooting. 9. Bathing is very good here, in summer, when the sea is
mostly calm. 10. The great fire broke out in a baker’s shop in London
in September 1666 and aided by the east wind, burnt down the
wooden houses of which a large proportion of the town was built.
302