Translate the abbreviations from Kazakh into English

ЖШС, АҚШ, УҚЫҰ, ЕурАзЭҚ, СЭС, ТМД, ҚазАгро, АӨК, ХДП, БҒМ, ЕҰУ, БҰҰ, РФ, ҚХР, ЕҚЫҰ

4.3 Types of business. Look at the pictures. Name the business they deal with. Which businesses are more profitable to develop nowadays? Which business are more developed in your country (give the examples of firms, companies)?

Farm-related business, high-tech business, profitable business, soft-drink business

1 2 3 4 5

Match the verbs with their equivalents

to abandon to affect to conduct to develop to disrupt to encourage to expand to pick off to regain to run to size up to spawn to stifle to swallow up to halt to business

a) басып тастау, тұншықтыру b) сіңіру, жұтып алу c) дамыту d) болдырмау, үзу e) қайтып алу f) басқару, жарысу g) бағалау h) өсіп-өну, көбею i) жігерлендіру j) кеңейту, ұлғайту k) жұлып алу, l) ісін тоқтату m) бас тарту, тоқтату n) әсер ету o) жүргізу

Compare the translation of the words in box with the meanings used in business sphere. Make up sentences to show their difference.

Model: George was sick for two weeks. After the sickness he was due to take sick benefit.

Study the vocabulary

A. Buying and selling

When John left school he was desperate for a job so he took the first one he was offered — in telesales (1).He thought telemarketing (2) sounded quite
glamorous but soon found that most of the people he phoned hated cold- calling (3)and put the phone down when he tried the hardsell (4).When he realized that the company made most of its money through the rather dubious
techniques of inertia selling (5) and confusion marketing (6),he decided to leave and train as a hairdresser instead.

1 selling or marketing goods and services by phone
2 see note 1
3 phoning people who have not requested a call in order to try to sell them something
4 attempt to sell something by being very forceful
5 when a company behaves as if you agreed to buy something because you did not actually refuse it
6 selling products and services in a package, in a way that makes it very difficult to work out which company is cheapest
B. A business career

Sally started her own catering business and this turned out to be very lucrative (1).However, she got increasingly irritated by all the red tape (2)involved in business and when a larger company suggested merging (3),she was interested. The two companies did not agree immediately on all the details of the takeover but they managed to reach a compromise (4)and hammer out a deal (5)without too much delay. In some ways Sally was sad that her company had been swallowed up (6)but she is now quite glad to be free of the hassles of
entrepreneurship (7).She has used the money raised by the sale of her capital assets (8)to buy a large house in the south of France.

1 producing a lot of money

2bureaucracy (negative)
3 joining together to form one new company

4 come to an agreement in which both sides have to give in a little bit on what they would have otherwise liked
5 talk seriously and in detail until a business agreement is made
6 taken over by a larger company (slightly negative)
7 involvement in business and taking financial risks
8 buildings and machines owned by a company

4.6 Fill in the gaps in these sentences from A and B above.
1 A unique painting will come … the hammer in London tomorrow.
2 It’s a sensible idea to … shop a bit before buying a computer.
3 I don’t mind trying a hard sell on a person who has already expressed an interest in our products, but I hate … -calling.
4I wasn’t sure whether the desk would fit into my office so I bought it … approval.
5 If you want to make a … for something in an auction you first have to catch the auctioneer’s eye.
6 If you work in telesales you spend most of your day on the …

4.6 Replace the underlined words with a word or phrase from A with a similar meaning.
1 As their business interests were really very similar, it did not take them very long to come to an agreement.
2 If you want to go into the import and export business, you had better be prepared for a lot of bureaucracy.
3 At the moment they are discussing the possibility of their companies becoming one.
4 Sportswear is a very profitable business to be in at the moment.
5 Only a few people have a real talent for the risk-taking of opening a new business.
6 A number of small companies have been taken over by that large multi-national in the last six months.