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Session 4

I. Questions
1. Can we build a ship-building factory in Mongolia? Why?
2. Which location is good for a business?

 A ship-building should be near the sea. There is no sea in


Mongolia, so we could not build ships there.
 A good location for a business should be near regional
markets, and has good infrastructure and stable
economy and is a good site for the business’s premises.
1. location / / (n): a place where sth happens or
exists; the position of sth
2. infrastructure /‘ / (n): the basic systems
and services that are necessary for a country or an
organization to run smoothly, for example buildings,
transport and water and power supplies
3. stable /‘ / (a): firmly fixed; not likely to move,
change or fail
4. premises /‘ / (n): the building and land near to
it that a business owns or uses
Preview. A good location (1c, 2d, 3e, 4a, 5b)
Vocabulary 1.
Accommodations Infrastructure Attractions
apartment blocks, airport, road links, theme part, beaches,
villas, hotel port shopping
theme park/ pub / bar / restaurant, etc.: a pub, bar, etc. that
is designed to reflect a particular subject or period of history:
an Irish theme pub
II. Reading
1. Do you what Saudi Arabia’s form of economy is?
2. What economic sectors can the country develop?
• Saudi Arabia's command economy is petroleum-based;
roughly 75% of budget revenues and 90% of export
earnings come from the oil industry
• To diversify the economy, Saudi Arabia launched a new
city on the western coast with investments exceeding
$26.6 billion.
• Extending along a coastline of 35 km, the city will also
include petrochemical, pharmaceutical, tourism, finance
and education and research areas. Saudi Arabia officially
became a World Trade Organization member in
December 2005.
Vocabulary:
a palm tree a villa /’ / a shopping mall

dhow / / cruise: safari / /


pleasure trip on an Arab boat a trip to see or hunt wild animals
Vocabulary:
skyscraper /’ska /: a very tall, modern city building

resort / /:
a place where a lot of people
go on holiday / vacation
Vocabulary:
− tournament /’ / n: a sports competition involving a
number of teams or players who take part in different games and
must leave the competition if they lose. The competition
continues until there is only the winner left
− destination /, / n: a place to which sb/sth is going or
being sent
− attraction / / n: an interesting or enjoyable place to go or
thing to do
− expatriate /, / n: a person living in a country that is not
their own
− sector /’ /: a part of an area of activity, especially of a
country’s economy
− multi-national /, / a: existing in or involving many
countries
− specialize / / v: to become an expert in a particular
area of work, study or business; to spend more time on one area
of work, etc. than on others
Grammar:
Present Continuous
Am/is/are + V-ing
We use present continuous to talk about:
 Things which are happening at the time of speaking.
He is not working today.
 Things which are happening around the time of speaking.
The company is developing a new drug against asthma.
 Fixed future arrangement
I am not visiting the offices in Athens on this trip.
Grammar:
Present Perfect
Has/have + V-ed
We use present perfect to talk about:
 How a past action has consequences in the present.
The two companies have merged.
 An action or state which started in the past and still
continues.
The company has had an office in Moscow since 1992.
II. Reading
Exercise 1: C
Exercise 2:
1. Houses/villas
2. Ten years
3. Beaches, hotels, theme park, tax-free shopping, sporting
events, desert safaris, dhow cruises
4. 1.5 million, 20 percent are from Dubai
5. Multi-national, IT and computing companies, media and TV,
banks and financial companies
Exercise 3:
 C: Media City
 U: Dubailand, Burj Dubai
 P: Knowledge Village
Vocabulary 2: Collocations
Exercise 1
1. Service sector
2. Regional office
3. Capital market
4. Investment bank
5. Shopping mall
6. Multi-national company
Exercise 2
1. Multi-national company
2. Service sector
3. Investment bank
4. Regional office
5. Shopping mall
6. Capital market
Vocabulary 3: Multi-part verbs
III. Speaking
What factors are important in locating a business?
 Topic sentence: There are three key elements (central idea) in
deciding where to locate a new business (topic)
 1st supporting idea: The first is the infrastructure of the area.
Examples/reasons: good road and rail communications, an
international airport
 2nd supporting idea: The second key element is the living
environment.
Examples/reasons: an attractive place to live, inexpensive houses,
good education for children, etc.
 3rd supporting idea: The third element is the business
environment.
Examples/reasons: a growing economy, successful businesses
 Concluding sentence: A good location will help the company
gain success.
How to write a paragraph (Handout 1)
III. Speaking
What factors are important when setting up a regional office?
 Topic sentence: There are three key elements (central idea) in
deciding where to locate a new business (topic)
 1st supporting idea: The first is the infrastructure of the area.
It is crucial that there are good road and rail communications.
We will find it convenient to locate the office near an
international airport.
 2nd supporting idea: The second key element is the living
environment.
We need to offer staff an attractive place to live where they can
find inexpensive houses, and good education for children, and so
on.
 3rd supporting idea: The third element is the business
environment.
A place that has a growing economy with other successful
businesses will be a good environment for our company.
 Concluding sentence: In short, a good location will help the
company gain success.
Session 5
I. Vocabulary
Inflation / / n: a general rise in the prices of services
and goods in a particular country, resulting in a fall in the
value of money; the rate at which this happens
Currency /’ / n: the system of money that a country uses
Prospects /’ / n: the chances of being successful
Taxation / / n: money that has to be paid as taxes / the
system of collecting money by taxes
II. Listening: An office abroad
Economy, inflation, currency, prospects for growth,
infrastructure, cost of renting office space, taxation,
attitudes to foreign businesses
II. Listening
Listen and write the outline of the talk.
 Topic sentence: Before setting up….
 1st supporting idea: To start with……………..
Examples/reasons: That means…..
 2nd supporting idea: Then…..
Examples/reasons: For example,…..
 3rd supporting idea: The third main area……..
Examples/reasons: How much….
 Concluding sentence: …………
Speaking
The functions of a central bank:
• The first one is actually to implement monetary policy.
3 ways to do it:
- setting interest rate ceiling and floor
- printing money
- open market operations
• The second way is exchange rate supervision.
• The third main task is to avoid any bank run.
Make sure that the commercial banks have enough liquidities
• The fourth main task would be to act as a lender of last resort.
When one of the commercial banks goes bankrupt and the
investors putting their money in the bank have to get back their
money.
Vocabulary 4
Strong / good / stable economy
Low inflation / unemployment
Stable / strong currency
Good prospects for growth / infrastructure / access to regional
market
Low cost of renting office space / labour costs / taxation
Positive / good attitudes to foreign business
Language check
1. will / won’t
2. Be going to infinitive
3. The present continuous
Practice
Exercise 1
1. Are going to set up
2. Am travelling
3. Am going to look at
4. Are you going to travel / will you travel
5. Is meeting
6. Am going to collect
7. Will present
Exercise 2
1. Are discussing / are going to discuss
2. Am leaving
3. Am attending / am going to attend
4. Are you coming back
5. Am staying / am going to stay
6. Will
III. Writing
III. Speaking + Writing
1. Writing an email to reply to the letter above
To: abc@gmail.com
From: beanmr@vunhcm.edu.vn
Subject: Travel Arrangement
Dear…………,
I am writing to……….  Purpose

When you are arriving……  Detailed information

I look forward to……  Expectation


Yours sincerely,
ABC

2. Write a paragraph about your future plan.


Session 6
I. Questions
1. What is the role of a chairperson in a meeting?
- Run the meeting
- Introduce the objective
- Control the talks
- Give a summary
- Make the final decision by putting a vote
2. What is the procedure of a formal meeting?
- Ask about availability of the agenda
- Ask someone to take minutes
Watch the video for the first time!
Procedure of a formal meeting
1. Ask about availability of the agenda
Has everybody got a copy of the agenda?
Does everyone have an agenda?
Everybody should have received an agenda.
an agenda = a list of items to be discussed
2. Ask someone to take minutes
minutes = written record of the meeting
Would you mind taking minutes?
Could somebody take the minutes please?
3. Announce the start
Let’s get started.
Procedure of a formal meeting
4. Introduce the objective
objective = purpose of the meeting
proposal = a formal suggestion
+ Thank you for attending at short notice.
+ As you know, the objective of the meeting is to discuss
the proposal.
+ We’re here today to discuss a proposal.
+ We’ve got to reach a decision which may involve
spending.
+ We’ll run it as a formal meeting.
Procedure of a formal meeting
5. Invite a discussion
+ Without further ado, I’d like to open it up for discussion.
Let’s open it up for discussion.
without further ado = without any further procedure
+ Perhaps if we can start with you…., what’s your view?
+ Who’d like to start the discussion?
+ Let’s hear from….
+ Do you have a view on this,….?
Procedure of a formal meeting
6. State the main point made during the discussion
+ To sum up, I think you’re all aware that…...
+ In summary,…..
+ So the main points are….
Procedure of a formal meeting
7. Put it to a vote
motion = recommendation
+ If there is no more discussion, we’ll put it to a vote.
+ We’re recommending that…
All those in favor?
All those against?
Then that’s agreed.
Procedure of a formal meeting
8. Announce to close the meeting
+ Any other business?
+ Then we’ll close the meeting.
+ The next meeting will be in two weeks, at the same time.

Week 5 – Section 2
Session 6
Dilemma and Decision: Discussion (run a meeting):
Task 1, 2, 3, 4
Write a memo:
Introduction:
• Whiterose Head Office no longer provide enough space for
the staff.
• Purpose of the report: inform the plan to relocate the staff to
new offices.
Conclusion :
• Plan to relocate the staff to new offices in Luton.
Reasons:
• An excellent location: close to London, good
communications with the rest of Britain and internationally
• Travel on business, fly from the local airport