Английске тексты

Английске тексты

PRODUCTION

1. Production can be defined as the creation of wealth which in turn,

adds to society's welfare .It is a vital link in the process of satisfying

wants; As man's wants are almost unlimited relative to the resources

available, it is important in production, then, that the limited resources

be used efficiently in order to create the maximum possible welfare.

2. At a general level, all economies, irrespective of their organisation,

face the same basis decisions of what, how and for whom to produce, subject

to their production possibilities. In a mixed economy, such as the United

Kingdom, some production decisions are left to private enterprise and the

market mechanism whilst others are taken by the government: the production

by shoes for example, is the result of the decisions of private firms,

where as the quantity of hospital services or military tanks produced is

the result of political decisions.

3. The firm and its The total level of output in an economy is of

objective course, the sum of the outputs of all the individual firms.

It is important at the outset, therefore, to explain what is meant by a

firm

and to consider some of the main factors which motivates firms to produce

goods and services.

4. Definition: A, firm is a decision-making production unit which

transforms resources into goods and services which are ultimately bought by

customers, the government and other firms.

5. Traditional economic theory has assumed that the typical firm has a

single objective-to maximise its profit. No distinction is drawn between

the objective of a comer-store proprietor and that of the largest firm. The

modern theories of the firm, however, do acknowledge that firms may -have

other objectives, such as sales-revenue maximisation or the maximisation of

managerial utility.

6. Types of busi ness units. Consider now the legal status of the

differant,

types of firms in a western economy, such so the United Kingdom.

7. One-man business. In terms of numbers, the one-man business (or sole

proprietorship) is the most common type of firm. Typically it

is a small-scale operation employing the moat a handful of people. The

proprietor himself is normally in charge of the operation of the business,

with the effect that he is likely to be highly motivated as he benefits

directly from any increase in profits. As the one-man business is small it

can provide a personal service to its customers and can respond flexibly to

the requirements of the market. Decisions can be taken quickly as the owner

does not have to consult with any directors.

8. Disadvantages associated with a one-man business are that the owner

cannot specialise in particular functions but must Jack-of-all trades, and

the finance available for the expansion of the business is limited to that

which the owner himself can raise. An even bigger disadvantage is perhaps

that there is no legal distinction between the owner and his business: The

owner has, therefore, unlimited liability for any debts incurred by the

business, so that in the eventually bankruptcy all his assets (for example

his house and car) are liable to seizure.

9 One-man business as are common in retailing, fanning, building and

personal services, such as hairdressing.

10 PARTNERSHIP. The logical progression from a one-man business is to a

partnership. An ordinary partnership contains from two to twenty partners.

The main advantages over a one-man business are that more finance is likely

to be available the influx of partners, and that each partner may

specialise to some extent (for example, the marketing , production or

personnel functions). The major disadvantage, once again, is that of

unlimited liability. As each partner is able to commit the other partners

to agreements entered into, all of the others may suffer from the errors of

one unreliable or foolhardy partner.

I I Partnerships are oftcn found in the professions-for example, among

doctors, dentist, solicitors and architects, Ultimately, the upper limit on

the number of partners is likely to restrict the amount of finance

available to the partnership and so place a limit on its growth. This,

together with disadvantage of unlimited liability, means that many growing

business eventually form joint-stock companies.

12. JOINT-STOCK COMPANY, the Joint-stock company with limited liability

developed in the second halt of the nineteenth century. It helped to

promote the development of large companies by providing a relatively safe

vehicle for investment in industry and commerce by a wide cross-section of

the community. The liability of the shareholders is limited to the amount

they have subscribed to the firm capital and each shareholder knows the

extent of his potential loss it the company goes bankrupt. So make

information available to potential shareholders, all joint-stock companies

are required to file annually with the Registrar of Companies details of

their profits, turnover, assets and other relevant financial information,

such as the remuneration of the directors.

13. A joint-stock company can be either a private limited company or a

public limited company. The shares of a private cannot be offered for sale

to the public and thus are not traded on the Stock Exchange .The shares

cannot be transferred without the consent of the other shareholders.

Private companies require a minimum of two and a maximum of fifty

shareholders (or members), though the upper limit may be exceeded in the

case of employees or former employees of the company.

14. The shares of a PUBLIC company can be offered for sale to the public.

A public company requires as minimum of two shareholders, but there is no

upper limit. Shares are freely transferable and the company is required to

hold an annual general meeting where shareholders are able to question the

directors, to change the company's articles of association, to elect or

dismiss the board of directors, to sanction the payment of dividends, to

approve the choice auditors

and to fix their remuneration. In practice, attendance at annual general

meetings is low, and normally the approval of the director's

recommendations is a formality.

15. Although only about 3% of companies are public companies, most large

companies are public companies. Indeed, they account for about two-thirds

of the capital employed by all companies.

16. CO-OPERATIVES. In the'United Kingdom consumer co-operatives have been

successful since the first co-operative was formed at Rochdale in 1844. The

movement, which comprises a familiar section of the retail trade, is based

on consumer ownership and control, al-though there is a professional

management. In 1985 it was reported that there were 8,5 members of retail

cooperative societies in the United Kingdom.

17. Producer co-operatives, on, the other hand, have not generally been

successful and are not particularly significant in the United Kingdom. The

recession of the early 1980s, however, led to an upsurge in the number of

producer co-operatives. In many cases they sprang from on attempt by

workers to continue production and to maintain jobs after a parent company

had decided to close or to sell a plant. This type of co-operative is

sometimes referred to as "phoenix co-operative". The Co-operative

Development of producer cooperatives reported the existence of 911 producer

co-operatives with around 20000 members in 1984. In some other countries of

the EEC, such as France and Spain, producer co-operatives are of more

significance than in the United Kingdom.

18. PUBLIC CORPORATION. The public corporation is the form of enterprise

that has developed in the United Kingdom for those areas where the

government has decided to place production in the hands of the state.

Whilst there are early examples of the formation of public corporation,

such as the Port of London Authority (1909) and the British Broadcasting

Corporation (1927),Boat were formed in the period of the post-war Labour

government of 1945-51. The

27

government appoints the chairman and the board of directors which is

responsible to a minister of the Crown for full filing the statutory

requirements for the public corporation aid down by Parliament. The

minister is supposed not to concern himself with the day-to-day running the

company.

19. Recent government policy has been to return state-owned enterprises to

the private sector. Privatisation is the word used when the ownership of a

state-owned asset is transferred to private individuals or companies.

20. Examples of privatisation include the sale of British Aerospace (51%

sold in 1981 and 49% 1985) and of British Telecom (51% sold in 1984).

Effective Communication

Effective communication is absolutely crucial to good management. You can't

get the best out of people unless you can communicate effectively with

them, and they with you.

It seems easy enough. All you have to do is to tell your subordinate what

you want him to do, and he gate on with it. A few words of encouragement or

criticism nay be needed, but that's all there is to it. If only it were so

simple. The manager has to consider three forms of communication , any of

which can cause him problems if he is not careful. They are:

• oral

• written

• non-verbal communication.

Oral communication

Speaking directly to someone in person, by telephone or via a television

link is the most common form of human communication. Oral communication is

instantaneous, allows great flexibility, and permits sentiment to be

combined with an intellectual message without difficulty. Effective oral

communication depends on a number of factors which can't always be taken

for granted. These are:

• language

• the style used

• the supporting signals

Language

If a manager was asked to take charge of a group of Chinese workers he

Страницы: 1, 2, 3



Реклама
В соцсетях
рефераты скачать рефераты скачать рефераты скачать рефераты скачать рефераты скачать рефераты скачать рефераты скачать