Business English 1 — Midterm 2

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Business English 1 - Midterm 2 • • 1) 2) 3) Midterm 2 will be taken in written form It will include 3 parts: Management theory Writing a business letter Business English vocabulary

Management theory (10 points max) • This part of the test will include questions covering the following topics: 1. Strategy 2. Teams 3. Motivation 4. Leadership • Students will be expected to give answers to these questions based on the lectures from Business English

Writing a business letter (10 points max) • Business letter should cover business topics such as: corporate culture, corporate social responsibility, communication, management theory • The students will receive one business letter topic with specific details and their task will be to write a business letter taking everything stated in consideration • The students should pay attention to the following units when writing a business letter: - Grammar - Spelling - Vocabulary - Formal rules for writing letters in English

Writing a business letter (10 points max) • Example: You ordered 10 new laptops on behalf of your CEO. You discover that 3 of them are not working, so you have to write a letter of complaint, demanding the supply of 3 new laptops or you will return all 10 and ask for your money back • Example 2: Write a letter of inquiry regarding the new advertisement for i. Phone 8, asking about the price, delivery and product features.

Business English Vocabulary (10 points max) • - Business English vocabulary includes the following topics: Corporate culture Ethics Corporate social responsibility Planning Teams Leadership Budget Finances and banking Auditing bookkeeping

Business English Vocabulary (10 points max) • Form and examples: 1. Connect the collocations and put them in the appropriate sentence: A Interest 1. sheet (A 3, B 1, C 2) B balance 2. purchase C hire 3. rate a) He bought a car on ________instalments last year. (HIRE PURCHASE) b) The company’s_________shows that their budget is not in the red any more. (BALANCE SHEET) c) I was thinking of buying a house, but the________would be too high for me to pay, so I gave it up. (INTEREST RATE)

Business English Vocabulary (10 points max) • Fill in the gaps with the missing words: PATENT, SHARE, DIFFERENTIATE, STRUCTURE, ASSET, TACKLE, COMPETITION, SEGMENTATION, RESEARCH, CHALLENGER • If we want to________ the question of why we have such poor market _______, we need to conduct a very thorough market_________ which would define what our biggest problems are. We would probably also have to question market__________, i. e. who is the market leader, and who is market________. In the end, we would have to define which company has the biggest market_____ and who has the biggest profit.

Business English Vocabulary (10 points max) • Preparation material: • Williams, C. , (2012) MGMT 4, South Western • Robbins, S. P. & Coulter, M. (2016): Management, 13 th Edition, Prentice Hall. (International Edition) • Power point presentations (course page) • hand-outs (course page) • Consultations: Valentina Boskovic Markovic, Kumodraska, Monday, 7 -8 p. m.

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