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КОНТРОЛЬНОЕ ЗАДАНИЕ №6 Тема: Deciding Economic Problems TEXT №6 REGULATINS OF INTERNATIONAL BUSINESS Some governments impose various regulations on
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КОНТРОЛЬНОЕ ЗАДАНИЕ №6
Тема: Deciding Economic Problems
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
I. Read the following words according to the rules of reading:
1. various - [’veərɪəs]
2. indicating - [’ɪndə‚keɪtɪŋ]
3. master plan - [’mæstər] [plæn]
4. regulation - [‚regjə’leɪʃən]
5. demand - [dɪ’mænd]
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