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Задание к зачёту № 1 Task I Read the text and answer the questions.
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Questions on the text:
1. Who owns the English commercial bank? The owners are the shareholders.
2. How does a bank start? They arе all organised on the joint stock principle and are registered public companies.
3. Who chooses the Board? The Chairman and Board of Directors are elected by the ordinary shareholders.
4. What is the Board's task? The Board is concerned with the overall policy of the bank and the major decisions which put that policy into effect.
5. Who hires the employees? The Board will appoint a Managing Director who is directly responsible to them and a member of the Board. They will also appoint the most senior executives who in turn appoint the rest of the clerical staff who will be responsible in differ¬ent capacities for the day to day running of the bank.
Задание к зачёту
№ 1
Task I Read the text and answer the questions.
The English commercial banks have branches in all the major towns and a similar structure and mode of working is common to them all. The owners are the shareholders. At the outset they provide the necessary capital. They arе all organised on the joint stock principle and are registered public companies.
The Chairman and Board of Directors are elected by the ordinary shareholders at the Annual General Mectingand arc responsible for the efficient management of the bank. The Board is concerned with the overall
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