business2 week11

BUSINESS ENGLISH 2 11week

business english 2 – week 11

Unit 17 – 19Futures & DerivativesMarket Structure & CompetitionTakeovers, Mergers & Buyouts

Business English 2 – week 11Professor Hayashi


S.No. Slide Name Slide No

1. Attendance & Homework Check 0

2. Review Presentation (Unit 14 – 16) 0

3. Unit 17 – Futures & Derivatives 3-4

4. Unit 18 – Market Structure & Competition 5-7

5. Unit 19 – Takeovers, Mergers & Buyouts 8

6. Homework 9

Today’s Class


1.B2.A3.F4.C5.E6.D

Unit 17 – Futures & Derivatives

Vocabulary – exercise 1A pg. 100

helpful link:http://hubpages.com/hub/options-futures-and-hedging-meaning-features-similarities-and-differences

Define the main features and teach your group.

Futures, Hedging & Speculating, Options and Swaps


Futures, Hedging & Speculating, Options, Swaps


Unit 18 – Market Structure and Competition

Warm up - Discussion

Read through the discussion on page 106 and have a quick chat in your groups-market leader (#1)-market challenger (#2)-market follower (#3,4,etc)

Market Leaders, Challengers, Followers

Read through pg. 107 and write headings for each paragraph in your groups


Market Leaders, Challengers, Followers – pg. 107

1. Market Leaders2. Expanding Markets3. Market Challengers4. Market Followers5. Establishing a Niche/ Dangers

Faced By Market Followers

* read second summary on page 108


Unit 18 - Vocabulary

pg. 109 exercise 2A, 2B

Answers – 2A1.perfect competition2.monopoly3.monopsony4.natural monopoly5.monopolistic competition6.oligopoly7.economies of scale8.barriers to entry9.dominant-firm oligopoly10.cartel

Answers – 2B1.monopsony (the government should be the only buyer)2.an oligopoly (dominated by a few large suppliers)3.perfect competition (no barriers to entry)4.monopolistic competition (because of consumer preference for several marginally different brands, which creates fragmented markets too small to allow many competitors)5.a dominant-firm oligopoly (IBM – although, mainframes have now mostly been replaced by smaller computers)6.a monopoly (regarding ownership of the railway tracks)


Unit 19 – Takeovers, Mergers and Buyouts

Do exercise 1A on pg. 112

ANSWERS 1A1. to innovate (innovation)2. to diversify (diversification)3. to merge (a merger)4. a raid5. a takeover bid6. horizontal integration7. vertical integration8. backward integration9. forward integration10. synergy

DO WRITING EXERCISE ON PG. 1181.for example2.Furthermore3.Yet4.in other words5.on the contrary6.Moreover7.for instance8.Even though9.i.e.10.however11.Nevertheless12.Although13.because14.Consequently


11week

Homework

Visit the Facebook Group page to answer the question!