В. А. Шляхова, О. Н. Герасина, Ю. А. Герасина английский язык для экономистов english for economists



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Шляхова В.А. Английский язык для экономистов

 Упражнение 7. 
Переведите слова на русский язык, обращая 
внимание на суффиксы и префиксы.
Corporate – corporat
ion
;
produce – product
ion
– product
ive

 
productiv
ity
;
science – scient
ific

 
scient
ist
;
competitive – competitive
ness
;
to conduct – conduct
or
;
to response – respons
ible
;
interest – 
dis
interest;
tax – tax
ation
.
TEXT
Прочтите текст и постарайтесь понять его содержание.
Large Corporations
Although there are many small- and medium-size businesses
bigger corporations are needed to perform certain services in the 
vast state economy.
Large corporations can supply goods and services to a greater 
number of people than the small businesses. They serve consumers 
across the country and across the world. Corporate products cost 
less because of the large volume.
Large corporations also have great sum of money to research
develop and produce new goods. The scientific «know-how», 
innovation and technical capability permit them to maintain the 
competitiveness and productivity.
A corporation is a specific legal form of organization of persons 
and resources which is established for the purpose of conducting 
business and making profits.
When people and resources are brought together to form a 
corporation, the result – in the eyes of the law – is a person. The 
corporation may own property, sue or be sued in court and make 


59
contracts. For this reason, the corporation is an ideal means for the 
conduct of business by many smaller enterprises as well as larger 
ones.
The corporate form of business has some advantages and 
disadvantages. First, large corporations can hire talented managers 
and specialist to conduct the business. Second, the owners of shares 
have limited liability; they are not responsible for corporate debts. 
Third, the corporation is not damaged by the death or disinterest 
of a particular person.
One disadvantage is taxation. As a separate legal unit, the 
corporation must pay taxes. Then when the corporation pays 
profits to individuals in the form of dividends, the individuals 
are taxed again on these dividends. This is known as double 
taxation.
Another disadvantage is that the ownership becomes separated 
from management. Sometimes managers act more in their own 
interests than those of stock holders.


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