FINDING OUT ABOUT COMPANY PROFILE

5* Before you listen to Dialogue No 1 use Glossary to match the words below with their definitions.

1. capital

2. investment

3. dividends

4. share

5. profit

6. earnings

7. turnover

a. amount of sales of goods or services produced by a company in a particular period of time

b. one of the equal parts of a company . that you can buy as a way of investing money

c. the money that remains after the costs of doing business have been paid

d. the profit made by a company

e. payments corporations make to their shareholders

f. placing of money so that it will increase in value

g. money needed to start or grow a business

Dialogue No 1 (174 words)

A new management trainee Peter Jackson is speaking with the Managing Director of the company.

PETER: Good Morning. My name is Peter Jackson, I am the new management trainee.

MANAGING DIRECTOR: Hello, Peter! Management trainees are supposed to make themselves familiar with every department of the company. I think you might find it useful to write a company profile: Visit all the department heads. Introduce yourself. Find out everything you can about how the company is organized, how each department operates. I tell you what. How would you like to write a short report for me, say by the end of the week?

PETER: Yes, of course.

MANAGING DIRECTOR: Oh, would you like to make a start now?

PETER: Yes, of course, but before getting down to my report, will you explain me some basic notions?

MANAGING DIRECTOR: What exactly are you interested in?

PETER: Well, does the company profit depend on the turnover?

MANAGING DIRECTOR: First of all, I believe, that the company's profit depends on professional management, capital invested, and reliable personnel.

PETER: Oh, that's great! Thank you, I will remember that.

MANAGING DIRECTOR: One more thing. The company's image depends on its earnings per share and timely payout dividends to shareholders.

Listen to Dialogue No 1 between two speakers and answer the questions below. Then listen again and check your answers.

1.What are management trainees supposed to do?

2. What are the keys to company's success according to Managing Director?

3. How can the company keep up its image?

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Types of Corporations.	\|	Dialogue No 2 ( 286 words)

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