Teaching Objectives and requirement

Objectives:
To enable Ss to talk about money To familiarize Ss with various types of figures, percentages, decimals, etc. To make Ss be able to describe trends To develop Ss listening and reading skills

To improve Ss problem-solving ability To enhance Ss business writing techniques by writing a report

Starting up
Discuss with your partner and think of as many words as you can that are connected with money.

Sep.-Dec. 2011

Guangdong University of Business Studies

Starting up
Some Nouns bank currency cash credit loan paper money pocket money small money ready money (cash)
Sep.-Dec. 2011

v. + money save money spend money earn money make money pay money raise money refund money change money deposit money in a bank Withdraw money marry money

Questions and Answers

Q: When does it rain money? A: When there is "change" in the weather.

Questions and Answers

Son: "Mom can I get twenty bucks" Mom: Does it look like I am made of money Son: "Well isn't that what M.O.M stands for?"

Questions and Answers

Q: What book do women like the most? A: "Their husbands checkbook!"

Questions and Answers

Q: How do you hide money from a hippie? A: Put it under the soap.

Questions and Answers

Q: Do you know 50 Cent's half brother's name? A: 25 Cent.

New CEO
There was a new CEO at a company who decided to fire all of the slackers, and when he gets done with that, he finds a dude leaning on his desk. He thinks "What is he doing!?" So he walks up to the guy and says "What are you doing!?" The guy says "I'm waiting to get paid." The CEO says "OK, how much do you get paid in a week?" The guy says "About $300." The CEO gives the guy $1200, and says "Now go away and never come back!" The guy walks away. The CEO says "Will someone please tell me what I just did!?" An employee says "You just tipped the pizza man $1200."

A Answer these questions individually. Then compare

your answers with a partner

STARTING UP
B

What do your answers to the questions in exercise A say about your attitude to money? What do they say about your culture?

Skills: Dealing with figures

1984 2001 3.15 $7.80 250 16.5 17.38% 0.185 nineteen eighty four two thousand and one three pounds fifteen seven dollars eighty two hundred and fifty euros sixteen point five seventeen point three eight percent nought / zero) point one eight five

Skills: Dealing with figures

3,560 598,347 1,300,402 three thousand five hundred (and) sixty five hundred (and) ninety-eight thousand, three hundred (and) forty-seven one million three hundred thousand, four hundred (and) two

1m 3bn $7.5bn 478m

one / a million (1,000,000) three billion (3,000,000,000) seven point five billion dollars four hundred (and) seventy eight million pounds

Skills:

Dealing with figures

Saying numbers
Years: 1984 nineteen eighty four 2001 two thousand and one Currencies: 3.15 three pounds fifteen $7.80 seven dollars eighty

250 two hundred and fifty euros

Decimals:

16.5

sixteen point five

17.38% seventeen point three eight percent 0.185 (nought / zero) point one eight five
Guangdong University of Business Studies

Sep.-Dec. 2011

Skills:

Dealing with figures

Saying numbers

Bigger numbers 3,560 three thousand five hundred (and) sixty 598,347 five hundred (and) ninety-eight thousand, three hundred (and) forty-seven 1,300,402 one million three hundred thousand, four hundred (and) two 1m one / a million (1,000,000) 3bn three billion (3,000,000,000) $7.5bn seven point five billion dollars 478m four hundred (and) seventy eight million pounds

Sep.-Dec. 2011

Guangdong University of Business Studies

Skills: Dealing with figures

Student A: turrn to page 144 and read the text aloud to student B. Student B: listen to student A while reading the article below. Correct any incorrect information

Skills: dealing with figures

Skills: dealing with figures

Vocabulary: Banking and money

A machine, usually in a wall outside a bank, from which you can take money out of your bank account using a special card ATM (Automated teller machine) Sums of money paid by a customer for a bank's services. Bank charges A printed record of the money put into and removed from a bank account Bank statement To exchange a check for cash to cash a check A book containing detachable cheques. checkbook A small plastic card which can be used as a method of payment, the money being taken from you at a later time. Credit card .

Vocabulary: Banking and money

Money, which is owed to someone else, or the state of owing something. Debt An agreement in which you pay a company money and they pay your costs if you have an accident, injury, etc insurance A bank account in which you usually leave money for a long time and which pays you interest. deposit account An amount of money paid to the government, which is based on your income or of the cost of goods or services you have bought. taxes .

Vocabulary: Banking and money

An employee of a bank or building society who receives and pays out. Cashier To ask for the temporary use of money on the condition of repayment and at a set rate of interest Borrow Fake money made in order to deceive Conterfeit To take money out of a bank account. withdraw

Vocabulary: Financial Terms

Vocabulary: Financial Terms

A

Business Brief: Investment

A. Use the words in the box to complete the sentence.

interest deposit

loan

difference

finance

As an individual, you can put your money on deposit in a bank, as long as the bank doesnt fail __________ and the economy keeps functioning, you will get Interest __________. Your money is lent out to people, businesses finance their own and governments who need it to _________ projects, perhaps like the ones in the unit case study, and difference the bank will make its money on the ___________ between what it pays out in interest on deposits and what it gets in interest from its __________ loans
Sep.-Dec. 2011 Guangdong University of Business

Vocabulary: Financial Terms

C
forecast recession

earning per share

dividend shares investment

profits gross margin

debt

Vocabulary: Financial Terms

bankruptcy revenues

Listening: Raising Business Capital

A

banks Private investors=business angles Venture capitalists

Listening: Raising Business Capital

B

1. The business market (its customers), the industry (its competitors) and the management team 2. One that is large and growing fast because this will provide the high returns 3. Intellectual property or patents a venture capitalist is interested in 4. How well do they understand the market and the industry they are going into? How much do I trust the management team say about the potential for success? Does this individual manager have the personal commitment to deliver on this plan How motivated is the manager to work very hard to achieve the objectives?

Listening: Raising Business Capital

C

Listening: Raising Business Capital

C

Hugh describes a company set up by people from Oxford University that develops software for the computer games industry Hugh like his company because: a. The company owns a lot of intellectual property b. The games market is growing very fast

REPORTING ON FINANCIAL SUCCESS

Reporting on financial success

Reporting on financial success

Language Review: Describing Trends

Language Review: Describing Trends

Language Review: Describing Trends

Language Review: Describing Trends