2. 3. 4.
5.
mainly refer to those founded and owned by an individual or a small group of individuals. Two types of stock: common stock and preferred stock.
The responsibility of the board of directors is to determine basic corporate policy and select the top officers of the corporation, such as the chief executive officer, to manage operations. The rights and benefits of a stockholder vary according to the type of stock held. Holders of common stock (1) usually must approve changes in the corporation’s profits, such as an amendment of the corporate charter, and (2) share in the corporation’s profits, (3) elect board of directors. Holders of preferred stock receive any proceeds before holders of common stock if a company discontinues business and liquidates its assets and preferred stock dividends are usually set at a fixed rate and must be paid before the corporation distributes common stock dividends. However, holders of preferred stock do not have the right to vote.
The two ways a corporation often uses to raise money are to issue shares of stock and to sell bonds.
Unit 3
Part I Lead-in
1. Can you figure out what their jobs or professions are? . 1) accountant 2) coach 3) conductor 6) secretary 7) manager 8) chef
2. (Open)
3. All of them.
4) beautician 5) reporter
Part II Listening & Speaking 1
I Listening
1. Listen to some small conversations and complete the chart below.
Name Alice Brown Jenny Thomson David Parkins Kim Harley Ken Brooks Alan Shaw Jill Walker Joan Rivers
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Job or Responsibility programmer photographer public relations personnel manager financial controller chief engineer market research secretary 2. Listen to two persons talking about their jobs and responsibilities, and then complete the
chart below. Person Item Name Company Department Position Responsibilities First Person Jack Brown Toshiba (China) Company Ltd Human Resources Director In charge of all personnel matters, including recruiting new employees, liaising with other departments, organizing training courses, and dealing with retirement arrangements. Second Person Mandy Li Guangzhou Otis Company Ltd. Vice-manager Responsible for after-sales service, including dealing with customers’ complaints and liaising with the Production Manager so as to let him know the feedback of the customers about the products Elevator Marketing Department
Practice 1
1. (Open)
2. Interpret the following sentences. 1)
A: I didn’t expect to meet you here. How are you? B: Very well, thanks. And you? A: Not bad. Haven’t seen you for a long time. What company are you with at present? B: I work as an accountant in a Sino-foreign joint-venture. How about you? A: I’m now a self-employed businessman. I went into business two years
Ago, starting a company with my friend.
B: What line of business is your company in? A: We deal exclusively in cosmetics. But now this line of business is not very brisk. The
company is now just breaking even. How’s your wife doing?
B: She’s laid off/unemployed. Her company was closed down half a year ago. She’s now
hunting for a job.
A: I’m so sorry to hear that. Please say hello to her for me. B: I will, thank you. 2) A: What’s your job in the company? /What do you do in the company? B: I’m in the Marketing Department. My job mainly involves market research and product
promotion.
3) A: Where do you work at present? /What company are you with at present? B: I work in/am with a private company.
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A: What’s your job? /What do you do? A: I’m in fashion design. I don’t like this job. B: What’s your plan/intention? A: I’m going to work for/hop to a Sino-US joint venture.
Practice 2
Interpret the following sentences.
1) A: Who’s responsible for the research and development of new products? B: Mr. Davies. A: Who’s he responsible to? B: He reports directly to the General Manager, Mr. Gates. 2) A: What’s your job? B: I’m an engineer. A: What department are you in? B: I’m in the Production Department. A: What are you responsible for/in charge of? B: I’m responsible for/in charge of quality control/assurance.
3) A: What position does Mr. Li hold in your company? /What’s Mr. Li’s position in the
company?
B: He’s the Marketing Manager. He’s my immediate superior. A: Is he above or under Mr. Wang? B: They’re at the same level.
Practice 3
1. Interpret the following sentences.
1) We conduct market research in some major cities once every two years. 2) How often do you have meetings?
3) If I have too much work to do, I occasionally work overtime.
4) Good joint ventures regularly provide technical and language training for their employees. 5) At the end of the year, the company rewards those who make outstanding contributions to the
company.
6) We have a pay rise/raise every two years.
7) Due to poor management, some State-owned enterprises lose money every year. 8) We overhaul all the equipment every quarter.
2. (Open.)
3. (Open.)
Part III Listening & Speaking 2
1. Listen and complete the following sentences below.
1) What do you do for a living? 2) I’m with a Sino-Japanese joint venture based in Zhuhai.
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2. 3) What line of business are you in?
4) What position do you hold in the company?
5) I’m in charge of new product research and development.
Listen to some job descriptions and figure out what their job titles are. Name Sally George Bob Paul Jenny Job Title secretary QC inspector porter CEO dentist
3. Listen to a job advertisement, and fill in the blanks.
Refer to Transcripts.
II. Role Play
1. Refer to File 4(Page 259). 2. Refer to File 5 (Page 259). 3. (Open.)
VII. Supplementary Reading Questions
1. He interns as a product development engineer.
2. His main responsibility is to build competence in testing packages before they are
manufactured in factories.
3. What the author likes most about Intel is the employee base.
4. Get to know your group members individually; get to know individuals outside your
immediate working group; always show appreciation for the time full-time employees spend with you; use full-time employees to help you develop realistic long-range career plans and goals.
5. He plays golf, tennis, basketball and lifts weight. He also takes photos and does some
cooking.
Unit 4
Part I Lead-in 1. 1) sole proprietorship 2. (Open.) 3. (Open.) 4. (Open.)
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2) partnership 3) corporation
5. (Open.) 6.
1) 3) 5) 7) 9) 11)
headquarters (head office) board of directors multinational corporation turnover lose money/run in the red total assets
2) 4) 6) 8) 10) 12)
Managing Director/CEO personnel department township enterprise
manufacturing/production capacity bring in talents
management mechanism
3) Apple
6) Bank of China
7. 1) Motorola 4) Adidas 2) Mercedes-Benz
5) Shell
Part II Listening & Speaking 1
I Listening
1. Listen to the following monologue and construct an organization chart for the company...
New Era Venture Capital Co. Ltd Unit 1 Unit 2 Unit 3 Unit 4
Biotechnology, IT-related New material, Capital projects pharmaceuticals, new energy, operation projects modernization of environmental traditional and Internet technology Chinese medicine and agriculture
2. Listen to the monologue again and complete the following.
Refer to transcripts.
Practice 1 1. The following are some positions or job titles commonly seen in a company. Try to put them into Chinese.
1) 董事会主席 2） 总裁，首席执行官
3） 首席营运官 4） 首席执行官
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