Эксперт

Сергей

Задать вопрос

Мы готовы помочь Вам.

TEXT  №6

REGULATINS OF INTERNATIONAL BUSINESS

Some governments impose various regulations on businesses in their countries. Sometimes these regulations discourage foreign companies from entering home markets. In some countries all international businesses must have local partners. In other countries a foreign firm must have at least one native in the top management of a branch or a subsidiary. Some governments, for example in Mexico, insist that the local partners have the controlling interest. However, big firms like IBM refuse to do businessman these grounds and usually manage to find the way out.

Government regulations limit what a company may do. For example, some countries demand that the company files a plan indicating what it is going to produce, how many local workers it is going to hire and how much it will pay the workers. This plan must also fit into the government economic master plan. If the country changes its master plan, the foreign firm must change its plans, too.

Exercises

Read the following words according to the rules of reading:

various — [’veərɪəs]

indicating — [’ɪndə‚keɪtɪŋ]

master plan — [’mæstər] [plæn]

regulation — [‚regjə’leɪʃən]

demand — [dɪ’mænd]

Fill in the right article, where necessary:

Government regulations limit what a company may do.

In some countries all international businesses must have local partners.

Big firms usually manage to find the way out.

The plan must fit into the government economic master plan.

They impose various regulations on businesses in their countries.

III.         Fill in the right preposition wherever necessary:

They usually manage to find the way out.

This plan must also fit into the government economic master plan.

Sometimes these regulations discourage foreign companies from entering home markets.

Some governments impose various regulations on businesses in their countries.

In some countries all international businesses must have local partners.

Fill in the right form of the verb:

Government regulations limit what a company may do.

Big firms refuse to do business on these grounds.

Some governments impose various regulations on businesses in their countries.

How many local workers is your company going to hire?

The country changes its master plan.

Translate from Russian into English:

контрольный пакет акций — controlling interest

внутренний рынок — home market

главный план — master plan

выход — way out

отбивать охоту — to discourage

местный житель — native

Complete the following sentences:

Some governments impose various regulations on businesses in their countries.

Big firms refuse to do business these grounds and usually manage to find the way out.

Government regulations limit what a company may do.

Sometimes these regulations discourage foreign companies from entering home markets.

This plan must fit into the government economic master plan.

VII.       Translate the following sentences from Russian into English:

Крупные фирмы обычно находят выход в подобных ситуациях. Big firms usually manage to find the way out.

Cколько местных рабочих собирается нанять ваша компания? How many local workers is your company going to hire?

При изменении главного плана в стране, иностранная фирма должна изменить свой план. If the country changes its master plan, the foreign firm must change its plans, too.

Этот план должен соответствовать главному правительственному экономическому плану. This plan must fit into the government economic master plan

Страна должна изменить свой главный план. The country must change its master plan.

Вопросы для повторения

Do any governments impose various regulations on businesses in their countries? Yes, they do.

Sometimes these regulations discourage foreign companies from entering home markets, don’t they? Yes, they do.

What must all international businesses have in some countries? All international businesses must have local partners.

What have you learned about this situation in Mexico? Some governments, for example in Mexico, insist that the local partners have the controlling interest.

Do government regulations limit what a company may do? Yes, they do.