Unit5Money.ppt

Money,A,Answer these questions individually. Then compare your answers with a partner.,1 How much cash do you have with you at the moment? Do you: a) know exactly? b) know approximately? c) not know at all? 2 Do you normally check: a) your change? b) your bank statements and credit card bills? c) restaurant bills? d) your receipts when shopping? e) prices in several shops before you buy something? 3 Do you: a) give money to beggars? b) give money to charities? c) give away used items, such as clothing?,4 If you go for a meal with someone you dont know well, do you: a) offer to pay the whole bill? b) suggest dividing the bill into equal parts? c) offer to pay the whole bill but expect them to pay next time? d) try to avoid paying anything? 5 What do you think about people who do not pay the correct amount of tax? Is this: a) a serious crime? b) morally wrong but not a crime? c) excellent business practice? 6 If you lend a colleague a small amount of money and they forget to pay it back, do you: a) say nothing? b) remind them that they owe you money? c) arrange to go for a drink with them and say youve forgotten your wallet or purse?,A,Correct any incorrect information.,BUSINESS IN BRIEF Yahoo has strengthened its European presence with the ($578m) acquisition of Kelkoo, the French-based on-line shopping service. The European on-line retail market is forecast to grow to in the next three years. The Nikkei 225 Average climbed 0.7 percent to while the Topix index rose 1.2 percent to . Banking shares benefited most, with Mizuho jumping percent to 437,000, SMFG rising 4.7 percent to , MTFG gaining 7.9 percent to close at and UFJ up 4.2 percent to . From The Financial Times,375m,475m,116bn,107bn,10,364.99,11,364.99,1,145.90,1,145.95,5.7,5.6,852,000,752,000,1,019,000,1,050,000,656,000,646,000,C,Write all the numbers and symbols in full, according to the way they are pronounced. For example, 3.1m: three point one million euros.,475m $578m a107bn 0.7 percent 11,364.99 1.2 percent 1,145.95 5.6 percent 437,000 4.7 percent 752,000 7.9 percent 1,050,000 4.2 percent 646,000 ,four hundred and seventy-five million euros,five hundred and seventy-eight million dollars,one hundred and seven billion euros,nought (or zero) point seven percent,eleven thousand, three hundred and sixty-four point nine nine,one point two percent,one thousand, one hundred and forty-five point nine five,five point six percent,four hundred and thirty-seven thousand yen,four point seven percent,seven hundred and fifty-two thousand yen,seven point nine percent,one million and fifty thousand yen,four point two percent,six hundred and forty-six thousand yen,A,Match the definitions 1 to 6 with the financial terms a) to f ).,1 money owed by one person or organization to another person or organization 2 a period of time when business activity decreases because the economy is doing badly 3 difference between the selling price of a product and the cost of producing it 4 a place where company shares are bought and sold 5 money which people or organizations put into a business to make a profit 6 equal parts into which the capital or ownership of a company is divided,a) gross margin b) recession c) shares d) debt e) stock market f ) investment,B,Match the sentence halves.,1 Earnings per share are 2 A forecast is 3 Bankruptcy is 4 A dividend is 5 Pre-tax profits are 6 Revenues are,a) a part of the profits of a company paid to the owners of shares. b) a companys profits divided by the number of its shares. c) a description of what is likely to happen in the future. d) money which businesses receive from selling goods or services. e) when a person or organization is unable to pay their debts. f ) the money a business makes before payment to the government.,In our home markets it has been another excellent year. _ are up by 23 million, and the _ for the next quarter is equally good. Profits from abroad are down because of a _ in Japan. However, our performance overall has been good, and the _ have increased to 26.4p and the _ will be increased to 4.3p per share, which will please our shareholders. We plan to issue new _ in order to finance expansion in Asia. We also plan to increase our _ in plant and equipment before entering the Chinese market. We are particularly pleased with our performance in France and Germany where _ have increased. As a result of using a new distributor, our costs fell, giving us a _ of 40 percent on our main product line. We will use any extra cash to reduce the level of our _. Our performance in Italy should improve significantly following the _ of our biggest competitor. However, we should not become too satisfied with our share price as economic conditions remain uncertain and the _ will continue to reflect this. Share prices will not rise in the short term.,C,Complete this report,Pre-tax profits,forecast,recession,earnings per share,dividend,shares,investment,profits,gross margin,debt,bankruptcy,revenues,A,Hugh Campbell is the founder of GP Capital, a London-based finance firm which raises money for entrepreneurs. Listen to the first part of the interview and complete the chart.,Banks,Private investors,Venture capitalists,B,Listen to the second part of the interview and answer these questions.,1 According to Hugh, which three areas do venture capitalists look at when selecting companies to invest in? 2 What type of market is good to invest in and why? 3 What helps some businesses to win against other companies? 4 What three questions would Hugh ask the management team?,The market, the industry & the management team.,One that is large and growing fast because this will provide the high returns a venture capitalist is interested in.,Intellectual property or patents.,How well do they understand the market and the industry that they are going into? How much do I trust what the management team say about the potential for success? Does this individual manager have the personal commitment to deliver on this plan?,C,Listen to the third part of the interview. What kind of company does Hugh describe? Why did he like this type of company?,Hugh describes a company set up by people from Oxford University that develops software for the computer games industry.,Hugh likes this company because a) the company owns a lot of intellectual property and b) the video games market is growing very fast.,1 Hugh was offered the chance to buy fifty percent of an Internet business. 2 He didnt invest because he thought the management team was weak. 3 The business did very well for a couple of years. 4 It was sold for twenty times its original value.,D,Listen to the final part of the interview. Which of these statements are true?,false,false,false,true,A,Before you read the articles decide which of these statements are true.,1 Both Wal-Mart and Target Stores are based in the UK. 2 Wal-Mart is the worlds largest retailer. 3 Target is not a competitor of Wal-Mart.,B,false,false,true,Read the articles and complete the chart below.,$2.7bn,$832m,$8.9bn,$1.84bn,11%,21.1%,13.3%,11.4%,63 cents,91 cents,$2.03,$2.01,$74.5bn,$15.57bn,$256.3bn,$48.16bn,D,Read both texts and answer the questions. Which company:,1 feels confident about the future? 2 has developed a more fashionable image? 3 had particularly good results overseas in the last 12 months? 4 is not planning to increase prices? 5 did better than the American stock market forecast? 6 feels its success is due to the variety of its goods?,E,Match the words to make word partnerships from the text.,1 consumer a) division 2 tax b) pressure 3 international c) refunds 4 quarterly d) spending 5 price e) earnings,1 the money people spend on goods and services 2 money given back at the end of the financial year 3 company profits for a three-month period 4 part of a company which deals with or is located overseas 5 decreasing or freezing the price of goods or services in order to gain an advantage over competitors,F,Match the word partnerships in Exercise E to their definitions.,Consumer spending,Tax refunds,Quarterly earnings,International division,Price pressure,We can describe trends in English in different ways. Verbs of change Profits soared 18.5%. Profits are falling. Sales plummeted in January. Prepositions Profits rose 11% to $2.7 billion. Profits have gone up from 3 million to 4 million euros. Our business grew by 10% last year. Theres been a decrease in annual sales of 1 million euros. Last year profits stood at 2.5 million pounds. Different verb forms The figures show a positive trend. Were watching the trends carefully. Last year we made a loss. In recent months our profits have risen dramatically. If sales drop further, well be in serious financial difficulty.,decline, decrease, fall, drop,fluctuate,gain, improve, increase, rise,halve,level off,peak,plummet,recover,rocket, jump,triple,double,A,Match the verbs to the symbols.,B,Which of the above verbs also have noun forms? What are they? For example, to increase an increase.,1 a decline 2 a doubling 3 a decrease 4 a gain 5 a fall 6 a fluctuation 7 a drop 8 a halving 9 an improvement 10 an increase 11 a leveling off 12 a peak 13 a tripling 14 a rise 15 a plummet 16 a recovery 17 a jump,1 Sales have increased 5m 7m. 2 Sales have increased 2m. 3 There has been an increase 2m in our sales. 4 Sales now stand 7 million. 5 Sales reached a peak 7 million in July. 6 Sales reached a low point 1 million in April.,C,Complete these sentences about the graphs below with appropriate prepositions.,from,to,by,of,at,of,of,D,Write two more sentences about each of the graphs below.,Sales rose to around seven million this year compared to four point seven five million last year. Sales jumped to seven million this year. Sales rose in the first three months, but plummeted in April. There was a tripling of sales in May compared to April.,Background,Angel Investments (AI),Warsaw, Poland,Investing in start-up or small companies and larger companies with growth prospects,10 million,Technoprint Unibrand Online Fashions Anazon Ventures,Frankfurt Germany,Inkjet & laser printers,A reliable company with good performance but may have labor problems,Amsterdam Netherlands,Fashion retailer,Unable to meet sales target for the year but new product may sell well,