FinancialvocabularyandfiguresEconomicsituationSharesandcurrenciesAccountingSUCCESSFAILURESentencecorrection.T1:T2:T3:T4:tohedgetospeculatetoinvesttodealbceWhatisashare?a.Partofacompany’sprofit.b.Aregularpaymentreceivedfromaninvestment.c.Ashareintheownershipofacompany.cBuildtwovocabularynetworksaroundthesetopics:1.Currency2.SharesWhatdatewas“BlackMonday”?_________________________________________HowmuchmoneywaslostontheLondonmarket?_________________________________________ByhowmuchpointsdidtheDowJonesindexfall?_________________________________________Whatpercentagewasthis?_________________________________________Whenwasthepreviousgreatstockmarketcrash?_________________________________________Byhowmuchdidthemarketfallthen?_________________________________________17th,Oct.1987$50billion508points20%192910%ThelanguageofgraphsVerbsusedinthenews:fell;plunged;soared;stabilize,recoverUPDOWNNOCHANGEThelanguageofgraphsWhatverbsdoyouthinkbestdescribepoints1to10ofthisgraph?Listentothefinancialnewsreportandfillinthetable.Whatdothetwopicturesshow?Findthetermswhichmeanthefollowing:1.whatacompanyowns:2.thetotalamountofsales:3.whatacompanyowes:4.theprofitmadebythenormalactivitiesofabusiness:5.thegoodswhichabusinessintendstoselltoitscustomers:stockturnoverliabilitiesoperatingprofitassetsListentothepeoplemakingsomebriefcalculationsduringameeting.Writedownthecalculationstheymakeinthespacesprovided.$1205000050000$1206m63.5£7415£13350£600502250052500156000082500JulianLeeisthegeneralmanagerofanuclearresearchinstitute.Heisresponsibleforallaspectsofrunningtheinstitute,includingmanagingthestaffandorganizingthefinances,butheisnotascientist.Whattasksdoeshehavetodoandwhatdoesn’thehavetodo?Extraactivities:MessageFormNameCompanyUrgentCanwaitTel.No.LindaBurneSCIInternational√01814425655,ext39ListentotwoalternativeversionsofasimilarsituationinvolvingtwomencalledBuxtonandRoberts.Whichoneofthefoursentencesdescribesthefirstconversationandwhichonedescribesthesecondconversation?AddressingReportonculturaldifferencesincommunication.Videoclip,unit1(P.104)