Материал: Economics and Management in the Modern World. Федоров В.А., Нехаева О.Г

Task 4. Find in the text synonyms and antonyms for the following words. The words are given in the same order as in the text:

Task 5. Match the following words from the text with their definitions:

Task 6. Put the verbs in brackets into the correct form Present Perfect or Past Perfect (active or Passive). Then make these sentences negative and interrogative. See Appendix 3 and 4.

1.Today at the conference administrator (to recognize) marketing’s role as a vital part of the health care facilities.

2.They were the examples of marketing functions those hospitals always

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(to perform).

3.He reported that the company (to make) a decision to start producing medical equipment.

4.The patients also recognized that the level of care (to change) by administrators successfully.

5.This morning that talented manager (to find) a good solution to all the problems.

6.This year the main methods of healthcare marketing (to change) by managers to attract customers.

7.He said the equipment (to sell) by him to another hospital.

Task 7. Translate the following text into English using the dictionary:

Маркетинг и рыночная ориентация

Большинство людей и многие менеджеры не понимают роли маркетинга в современном бизнесе.

Маркетинг состоит из двух вещей. Прежде всего, это стратегия и набор техник, нацеленные на то, чтобы продать продукт компании. Сюда входит выбор целевой группы потребителей и создание убедительного маркетингового микса, который заставит их покупать. Этот микс может включать в себя ассортимент брэндов, привлекательные цены, удобно-расположенные торговые точки, а также рекламу и продвижение. Эта концепция маркетинга как продажа и убеждение до сих пор является самой популярной среди как менеджеров, так и общественности.

Во-вторых, и что более важно, концепция маркетинга фокусируется на улучшении той реальности, которая предлагается. Она основана на понимании нужд потребителя и развитии новых решений, которые лучше чем те, что доступны в настоящее время. Это не только проблема маркетингового отдела, но и всей организации в целом.

Создание фокуса компании, нацеленного на потребителя, требует постоянного знакомства с новыми навыками и технологиями. Маркетинг редко бывает эффективным как бизнес-функция. Как сказал исполнительный директор Hewlett Packard: “Маркетинг слишком важен, чтобы оставить его маркетинговому отделу”.

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Unit 3. The Baby Boom and the Future of the Economy

Task 1. Match the following English words and phrases with their Russian equivalents:

Task 2. Read the text.

The Baby Boom and the Future of the Economy

By Mike Moffatt

A reader asked me a question about the baby boom generation: "What's going to happen to the economy when all the baby boomers retire

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and get old?"

It's a great question that would need an entire book to answer properly! Fortunately many books have been written on the relationship between the baby boom and the economy. Two good ones about the Canadian perspective are Boom, Bust & Echo by Foot and Stoffman and 2020: Rules for the New Age by Garth Turner.

Turner explains that the big changes will be due to the fact that the ratio between the number of working people to the number of retired people will change dramatically over the next few decades:

When most boomers were in their teens, there were six Canadians like them, under the age of 20, for every person over 65. Today there are about three young people for every senior. By 2020, the ratio will be even more frightening. This will have profound consequences on our entire society. (80)

Demographic changes will have a major impact on the ratio of retirees to workers; the ratio of the number of people ages 65 and over to the number ages 20 to 64 is expected to grow from about 20% in 1997 to 41% in 2050. (83)

These demographic changes will have both macroeconomic as well as microeconomic impacts. With so few people of working age, wages will rise as employers fight to retain the small pool of labor available. This also implies that unemployment should be fairly low. However taxes will also have to be quite high to pay for all the services that seniors require such as government pensions and Medicare.

Older citizens tend to invest differently than younger ones, as older investors tend to buy bonds and sell stocks. Do not be surprised to find that the price of bonds rises and the price of stocks falls.

There will be millions of smaller changes as well. The demand for soccer fields should fall and the demand for golf courses should rise. The demand for large suburban homes should fall as seniors move into one story condominium and later to retirement homes. If you're investing in real estate, it will be important to consider the change in demographics when you're considering what to buy.

There are all kinds of changes that will occur as the baby boomers get older.

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Task 3. Answer the following questions:

1.How many young people are there for every senior( according to Turner)?

2.Why will wages rise?

3.Why will taxes be quite high?

4.How do older citizen invest?

5.Why will it be important to consider the change in demographics when you’re investing in real estate?

Task 4. Find in the text synonyms and antonyms for the following words. The words are given in the same order as in the text:

Task 5. Match the following words from the text with their definitions:

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