The 30th of November.. The Stages of Negotiation.. Task 1. Read the text and do the tasks. - Прочитайте текст и выполните задания. Перепишите новые слова.. Types of business organization. Vocabulary

The 30th of November.

The Stages of Negotiation.

Task 1. Read the text and do the tasks. - Прочитайте текст и выполните задания. Перепишите новые слова.

Types of business organization

Most businesses begin as small-scale enterprises and increase gradually (or perhaps rapidly) to large-scale organizations employing hundreds or thousands of people.

The smallest type of business organization is the "sole trader" organization, which just has the proprietor in charge, with employees, if any - frequently sole traders find difficulty in offering a full service to customers and therefore many of them take a partner and set up a partnership. The third type of business organization is the limited company.

The word "limited" is short for Limited-liability Company - because the owners of such companies have limited liability. Finally, the largest companies, which need so much capital that they have to ask the general public to buy shares in the company are called public limited companies or PLCs.

Vocabulary

1. small-scale – мелкомасштабный

2. increase – увеличиваться

3. gradually – постепенно

4. large-scale – крупномасштабный

5. to employ – давать работу, нанимать на работу

6. employee – рабочий

7. employer – работодатель

8. proprietor – владелец, хозяин

9. in charge – ответственный

10. to offer – предлагать

11. partnership – партнёрство, товарищество

12. limited liability company – компания с ограниченной ответственностью

13. shares – акции

14. public limited company – общественная компания с ограниченной ответственностью

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