Professional Documents
Culture Documents
Company Profile Seminar 4 Si 5
Company Profile Seminar 4 Si 5
• ABOUT COMPANIES
COMPANY CORPORATION
Structured in different ways (partnership, Exist separately from their legal owners
a sole proprietorship
Liability is assumed by owners Liability is limited to the holding of
shares
Liability can be limited or unlimited Each shareholders own a small piece of
the large corporate structure.
Most companies are owned by one small Owned by thousands of different
handful of people individuals.
Shareholders share the profit and losses
EXPRESSION EXPLANATIONS
Heavy industry e.g. works, shipping, steel
Light industry Manufacturing different components, textile,
home appliances
Manufacturing industry Making different things e.g. consumer goods
Service industry Serving people; e.g banking, restaurants,
tourism
High-technology (HI-TICH) Involves advanced technology such as
computers, robots, software
Low-technology Involves little technology
Black –market Illegal transactions
Money laundering Money from black market are artificially turn
into legal ones.
On piecework They are only paid for work they produce.
Public- private-parnership Partly state owner partly owned by private
industry or owners.
Subsidiaries Money/ grand, which enable them to stay in
profit.
Inward investment Investment from foreign companies
• The country cannot depend only on things like restaurants and hotels. Industries
that make things have to be encouraged.-Manufacturing industry
• Nowadays there are many industries that use computers and different other digital
devices. -High-technology
• Countries, which depend on industries that do not use up-to-date technology,
manufacture good for well-developed ones.- Low-technology
• Industries with big factories producing things, like steel and so on has declined, and
now we’re more dependent on industry that makes things like bicycle and
furniture.-Light industry
• The car industry receives large amount of money from the government, money,
which enable them to stay profitable. -Subsidiaries
• Lately many companies have owners private companies and the
state.-Public- private-parnership
• The government tries to encourage investment from foreign companies. -Inward
investment
• Here are some things that people have said about business. Comment on
one of them (50-100 words)
• It is difficult but not impossible to conduct strictly honest business. What is true is
that honesty is incompatible with amassing of a large fortune (Mahatma Gandhi).
I totally agree with Mahatma Gandhi's words, because nowadays business is a dirty
work.
I think in this way for several reasons that I would like to speak about. Firstly, it is too
hard to develop and make a good business with honest, because our days are so corrupt
and you cannot "live" on a market.
Secondly, you can't come up with good thoughts next to some dirty rivals, because if
you are not from the same camp you risk falling and going bankrupt.
In light of above mentioned reasons, I agree with Gandhi's words.
We have been asked by your home insurers to obtain your written confirmation that all
their requirements have been completed by yourself.
Your home insurers have asked us to obtain your written confirmation that you have
completed all the documents.
Did they prefer the second one? That’s what the Oxford Guide to Plain English (1999) also
recommends (where the example was cited from).
Similarly, university students are discouraged from overusing constructions such as It is
believed that … Why? Because it could mean that they don’t know who believes it or said it.
This kind of information might be important in academic writing. Students should be able
to use the passive effectively in their own writing, but be very careful not to overuse it.
Only the form of be changes to make the tense. The past participle stays the same.
Here are examples of the passive in its most common tenses.
Tense Example Structure
Present simple Alioli is made from oil, garlic and salt. is/are + past participle
Future simple The work will be finished next week. will be + past participle
References
• Michael McCarthy, Felicity O’Dell – English Vocabulary in Use (advanced);
Cambridge University Press, 2002
• http://www.businessdictionary.com/definition/private-limited-company.html
• http://www.onestopenglish.com/esol/esol-lesson-plans/pdf-content/cambridge-esol-
skills-for-life-computers-lesson-plan/146918.article