$120 50 000 50 000 $120 6m
6
3.5
60 000
￡7415 ￡13 350 ￡60 050
15
22 500
52 500 82 500
Julian Lee is the general manager of a nuclear research institute. He is responsible for all aspects of running the institute, including managing the staff and organizing the finances, but he is not a scientist.
to speculate to deal
bce
What is a share? a. Part of a company’s profit. b. A regular payment received from an
investment. c. A share in the ownership of a company.
What percentage was this?
____2_0_%___________________________________
When was the previous great stock market crash?
____1_9_2__9_________________________________
Addressing
Report on cultural differences in communication.
Video clip, unit 1 (P. 104)
Financial vocabulary and figures
➢ Economic situation ➢ Shares and currencies ➢ Accounting
SUCCESS
FAILURE
Sentence correction:
to hedge to invest
What do the two pictures show?
Find the terms which mean the following:
1. what a company owns: assets 2. the total amount of sales: turnover 3. what a company owes: liabilities
√ 0181 442 5655, ext 39
Listen to two alternative versions of a similar situation involving two men called Buxton and Roberts. Which one of the four sentences describes the first conversation and which one describes the second conversation?
UP
DOWN NO CHANGE
The language of graphs
What verbs do you think best describe points 1 to 10 of this graph?
Listen to the financial news report and fill in the table.
4. the profit made by the normal activities of a business: operating profit
5. the goods which a business intends to sell to its customers: stock
Listen to the people making some brief calculations during a meeting. Write down the calculations they make in the spaces provided.
c
Build two vocabulary networks around these topics:
1. Currency 2. Shares
What date was “Black Monday”? ___1_7_th_,_O_c_t_._1_9_8_7___________________________
What tasks does he have to do and what doesn’t he have to do?
Extra activities:
Name Company Urgent Can wait Tel. No.
Message Form
Linda Burne SCI International
How much money was lost on the London market?
___$_5__0__b_i_ll_i_o_n____________________________
By how much points did the Dow Jones index fall?
____5_0_8__p__o_i_n_t_s___________________________
By how much did the market fall then?
____1_0_%___________________________________
The language of graphs
Verbs used in the news: fell; plunged; soared; stabilize, recover