Presentation the-business-pi-ppt-unit-7

Would you ever take out a loan?

What are the pros and cons of borrowing money from:

family and friends?

your bank?

a venture capital group?

Advantages Disadvantages

Bank loan

Venture capital

Shares

- Fixed interest rates for a fixed number of years

- No surprises

- Not always prepared to lend money to new or small companies

- Loan may have to be secured

- Prepared to lend to small start-up companies

- Want 2% for management fee + 20% of the profits

- No interest to pay

- Can be taken over

- Listed companies have to pay a lot to meet financial reporting standards

b) not growing or developing2 fluctuate (v)

3 stagnant (adj)

4 productivity (n)

5 unemployment (n)

Before you listen, check you know what these words mean.

a) change frequently1 surplus (n)

c) the situation where some people do not have work

d) more of something than is necessary

e) the rate at which goods are produced

Dealing with figures

Germany

UK

USA Japan

What do you know about the current economic

conditions in these

countries?

AmericaThe Federal Reserve announced it would drop its key interest rate by (1) _________ to (2) __________. This is the second drop in interest rates in the last six months. Productivity grew by (3) __________ in the third quarter, with (4) ________ in the first six months. Employers reported (5) __________ new jobs had been created in July.

0.25%

2.1%

4.25%

3.9%

123,000

GermanyGermany’s job growth was stronger than expected in March. Unemployment fell by (6) _________ to 4,370,000. Its trade surplus grew again in the first quarter to (7) __________ up 0.4% over the previous quarter. The German car industry reported that a record (8) ________ vehicles were exported in the first three months.

183,000

€18.4 billion

750,000

JapanJapanese industrial production increased slightly by (9) _________ and employment fell by (10) ________ to 2,890,000 last year. The yen remains strong at (11) __________ yen to the dollar. Bank lending rose by 2.4% in the year to April, the fastest increase in the last (12) __________ years.

0.7%195,000

111

5

The UK Jobs in the service industry rose to (13) _________ last year while jobs in manufacturing fell by (14) _______. The National Statistical Office reported that the number of jobs paid below the national minimum wage has increased to approx. (15) _______. It also reported that (16) ______ jobs, 3.2% held by those aged (17) _______ were paid below (18) ________ an hour.

2.1 million

315,000

338,000 57,00018-21

£4.10

First conditional

Match the beginning on the left with the correct ending on the right.

a) unless we pay in advance.1 If you decide today

3 They won’t be able to fulfil our order

4 It’ll cost her another £2,000,

b) if she requires in-house training.

c) I’ll have to go to another supplier.

d) we’ll give you a good discount.

2 Unless you can guarantee delivery by Friday

First conditional

Match the beginning on the left with the correct ending on the right.

e) I won’t be prepared to sell to you.

6 If you pay the asking price,

5 We’ll upgrade your phone,

7 We will need to employ Chinese speakers

8 Unless you can pay in cash

f) if we open an office in Hong Kong.

g) if you sign up for another 12 months.

h) I’ll take the house off the market.

Look at the topics below and discuss your options.

An aunt of yours has died and left you

luxury villa in the Bahamas.

You are planning a four-week

holiday to the USA.

You are both unemployed and want to set up a

company together.

Look at the topics below and discuss your options.

You run an organization which helps families who live in poor

parts of the world. You have a monthly budget of

€10,000 for a new project.

You are going to live on a

desert island for three

months. Decide what to take

with you.You have been

asked to organize a one-day

festival / event for teenagers in your

area.

1 a) Sorry, but I ordered a glass of red wine. (not white wine)

2 a) Mario doesn’t want to talk about the problem, Pete.

b) Sorry, but I ordered a glass of red wine. (not a whole bottle)

b) Mario doesn’t want to talk about the problem, Pete. (Julia is the person who wants to talk)

3 a) I don’t think their turnover will fall.

b) I don’t think their turnover will fall.

(but maybe our turnover will)

(but their profits might fall)

4 a) I didn’t ask you to finish the report by Friday. (Tom asked you)

b) I didn’t ask you to finish the report by Friday. (I asked you to finish the accounts)

Read the sentences below with the correct word stressed.

(he wants to talk about the solution)

Contrastive stress

Causes and effects

Match the effects on the left with the causes on the right.

EFFECT CAUSE

1 Sales of soft drinks increased by 22% last month

a) as a result of the stronger euro

b) due to a strike at the Toulouse plant

c) because of shortages in the supply of oil

4 Heating costs rose by 10% in the last quarter

3 Production fell by 150,000 units to 700,000 in June

d) because of a heat wave

e) as a result of increasing competition and internet telephony

f) due to the fall in interest rates

2 EU exports to the USA fell slightly last month

d) because of a heat wave.

a) as a result of the stronger Euro.

b) due to a strike at the Toulouse plant.

5 House prices went up slightly last month

6 Telecom’s profits fell by 18.4% last year

1 Sales of soft drinks increased by 22% last month

2 EU exports to the USA fell slightly last month

3 Production fell by 150,000 units to 700,000 in June

4 Heating costs rose by 10% in the last quarter

c) because of shortages in the supply of oil.

5 House prices went up slightly last month

f) due to the fall in interest rates.6 Telecom’s profits fell by 18.4% last year

e) as a result of increasing competition and Internet telephony.

Discussion

Imagine you and your partner have €50,000 to invest.

Discuss the best ways of investing this money

and present your ideas to the class.