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Контрольная работа 1 Text 1
How to set up a business. Alan Martin, a young entrepreneur, describes five important steps for setting up a business. Here’s what he says. The first step, of course, is to develop a new product idea. Many people decide to start a business because they have a good idea. But you have to remember that about 80 per cent of new business ideas fail. Usually it’s because people don’t understand the market. So the second step is to conduct market research. Your research should answer two key questions. First, is there a demand for your product or service? Second, who are your competitors? When you know you have a market, the next step is to prepare a good business plan. Your business plan helps you to focus on what you want to do. It also helps with the fourth step: getting finance. You have to decide what type of business you want to have, your goals, your product or service and its key selling points. In the plan, you also need to show that you can run the business. So you include information about staff, management, production, marketing, and, of course, finance. This shows that you know how to run a business. But the most important step is the fifth one: to build a customer base. You need a number of regular customers who come back to you year after year. A strong customer base is the key to a successful business. VOCABULARY
1. Answer the Questions
2. Read the statements and decide whether they are true (T) or false (F). Correct the false ones.
3. Match the words with their definitions
4.Give the English equivalents
Text 2
Success and Failure Jake Golden, a manager of a cosmetics company, explains what makes a company successful. To begin with, of course, a successful company has to make a profit. That means that it has to keep costs as low as possible – the cost of manufacturing, for example. Secondly you need to make big sales so there has to be a demand for your products. And of course, you want to be competitive. If your competitor brings out a better product, you can lose customers. They start to order products from your competitor, and you start having problems with distribution. You lose money and, finally, you can go bankrupt. The most successful companies control the market. That means they have a bigger percentage of sales and a bigger market share than their competitors. Their product is market leader. It sells more than any other product in that sector. Another factor for success is growth. No company wants to stand still. Successful companies are always finding new markets and new opportunities to grow. But you can never be sure of success. I will always remember the trouble we had with our face cream. We launched it and it was selling very well. Then suddenly people started phoning and complaining it was burning their skin. The newspapers heard about it and wanted to know what we were doing about it. We really didn’t know what to do. We had tested the cream for over six months, and there had been no bad reaction to it. Besides, we had invested a lot in the product and the launch. Then the number of complaints doubled in a week. So, we recalled the product and lost a lot of money. VOCABULARY
1. Answer the Questions 1. When do we say that the company is successful? 2. What does the expression ‘control the market’ mean? 3. What product is called ‘market leader’? 4. How many factors for success does Jake name? What are they? 5. Why do companies need new markets? 6. What happens if a company loses customers? 7. When does a company start losing customers? 8. What should a company do to be competitive? 9. What problem did the company have with their face cream? 10. Did they test the product before the launch? 11. Why did they decide to recall the product? 12. Did the recall influence the company’s finance? 2. Read the statements and decide whether they are true (T) or false (F). Correct the false ones. 1. A successful company keeps costs of manufacturing high. 2. If you are competitive, your products are better than those of your competitor. 3. You can make big sales if there is a demand for your products. 4. A market leader never sells well. 5. A successful company doesn’t need new markets. 6. If you make a profit, you can go bankrupt. 7. If you have no competitors in your sector of the market, your customers will never leave you. 8. The company with the highest cost of manufacturing controls the market. 9. The cosmetics company launched the face cream without having tested it. 10. The customers started phoning the newspapers complaining about the cream. 3. Match the words with their definitions
4.Give the English equivalents
Text 3
Types and Structures of Businesses Businesses generally take one of the following forms. Sole Proprietor This is the simplest way of starting a business. One person sets up and runs the company. The person provides all the capital and has unlimited liability for business debts, even if this means selling personal assets. |
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