Contents. Unit 1 business and businesses

TO THE STUDENT.......................................................................... 4

DIAGNOSTIC PRE-TEST.............................................................. 5

UNIT 1 BUSINESS AND BUSINESSES

Lesson 1

Text: Business Organization.................................................................. 7

Grammar: Present Simple and Present Continuous............................... 13

Lesson 2

Text: Business Organization and the Economy..................................... 17

Grammar: Past Simple and Past Continuous......................................... 23

Lesson 3

Text: Ownership..................................................................................... 26

Grammar: Present Perfect Simple......................................................... 32

Lesson 4

Text: Business Relationship................................................................... 36

Grammar: Present Perfect Continuous.................................................. 42

Lesson 5

Text: Companies’ Restructuring............................................................ 45

Grammar: Past Perfect Simple............................................................... 52

Lesson 6

Text: Organizational Structure............................................................... 55

Grammar: Past Perfect Continuous........................................................ 63

Test 1 (Unit I)........................................................................................ 67

UNIT II PEOPLE AND ORGANIZATION

Lesson 1

Text: Employment.................................................................................. 70

Grammar: Tense Revision. Present time............................................... 77

Lesson 2

Text: Human Resources: the People...................................................... 80

Grammar: Tense Revision. Past time.................................................... 85

Lesson 3

Text: Recruitment Procedure................................................................. 88

Grammar: Future time (uses of shall/ will/going to/ present continuous/present simple to talk about the future)............................................................. 96

Lesson 4

Text: Interviewing.................................................................................. 99

Grammar: Future time (Future Continuous, Future Perfect)................ 105

Lesson 5

Text: Executive Pay................................................................................ 108

Grammar: When and if sentences.......................................................... 115

Lesson 6

Text: Leaving a Job................................................................................ 118

Grammar: Tense Revision. Grammar Progress Test I.......................... 123

Test 2 (Unit II)....................................................................................... 126

UNIT III PRODUCTS, MARKETS AND MARKETING

Lesson 1

Text: Customers, Consumers and Clients.............................................. 128

Grammar: The Passive Voice (Simple)................................................. 133

Lesson 2

Text: Markets and Market Orientation.................................................. 135

Grammar: The Passive Voice (Continuous).......................................... 142

Lesson 3

Text: Products, Goods and Services....................................................... 145

Grammar: The Passive Voice (Perfect).

Grammar Progress Test II (Passive Voice)........................... 151

Lesson 4

Text: Marketing...................................................................................... 155

Grammar: The Sequence of Tenses....................................................... 161

Lesson 5

Text: Advertising.................................................................................... 163

Grammar: Reported Speech (Statements)............................................. 169

Test 3 (Unit III)...................................................................................... 173

UNIT IV BUSINESS AND FINANCE

Lesson 1

Text: Costs. Assets and Liabilities......................................................... 175

Grammar: Reported Questions, Orders, Requests................................. 181

Lesson 2

Text: Raising Finance............................................................................. 184

Grammar: First Conditional................................................................... 189

Lesson 3

Text: Financial Centres.......................................................................... 192

Grammar: Second Conditional............................................................... 196

Lesson 4

Text: Investments................................................................................... 200

Grammar: Third Conditional.

Grammar Progress Test III (Conditionals).......................... 205

Lesson 5

Text: Financial Statements..................................................................... 210

Grammar: Expressing Wishes and Regrets........................................... 215

Lesson 6

Text: Bankruptcy.................................................................................... 218

Grammar: Modal Verbs (Ability. Permission)...................................... 223

Test 4 (Unit IV)...................................................................................... 226

UNIT V ACCOUNTING

Lesson 1

Text: The Field of Accounting............................................................... 228

Grammar: Modal Verbs (Obligation and Necessity)............................. 233

Lesson 2

Text: Budgeting...................................................................................... 236

Grammar: Modal Verbs (Certainty, Possibility, Probability)............... 241

Lesson 3

Text: Auditing........................................................................................ 243

Grammar: Modal Verbs with the Perfect Infinitive.............................. 248

Test 5 (Unit V)....................................................................................... 251

UNIT VI MONEY AND BANKING

Lesson 1

Text: Money and its Functions............................................................... 254

Grammar: Grammar Progress Test IV (Modal Verbs).......................... 262