PROFESSIONAL ENGLISH IN USE FOR MEDICINE
25. MENTAL ILLNESS
A |
Psychiatric disorders Psychiatric disorders can be divided |
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B |
Substance Abuse of a substance means using it |
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C |
Affective Here
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D |
Neurotic An example of neurotic disorders is obsessive compulsive disorder. An obsession is an idea that is so persistent that it |
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E |
Other These include:
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25.1 |
Complete the table with words from A,
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25.2 |
Make word combinations using a word
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25.3 |
Complete the sentences. Look at A, B,
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25.4 |
Which symptoms of depression was the
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ANSWER KEY
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Marketing
ethics
Social
marketing
Social
marketing is the use of marketing techniques to convince people to
change their
behaviour for their own good or for the benefit of
society. Encouraging smokers to stop
smoking or persuading
people to eat more fresh fruit and vegetables are examples. The
aim
of social marketing is to minimize social problems such as crime or
poverty.
Corporate
social responsibility (CSR)
The
advantages for a company of being socially responsible — that is,
taking positive
actions for the benefit of its staff and
society as a whole — include enhanced brand image,
and greater
ease in attracting staff. There are different ways for a company to
show
corporate social responsibility (CSR).
-
Cause
related marketing (CRM) is when a company donates money to a
charity, anon-profit organization or a good cause, such as
UNICEF or Oxfam. The brand is thenassociated with the
charity. For example, a US non-profit wild cat sanctuary, Big
CatRescue, wants to create a marketing partnership with
another organization:
Big
Cat Rescue is looking for the right corporate
partner for
a mutually
beneficial
cause
related marketing campaign. We need financial donations
to
be
able to afford to make our good work more effective. Today
most of this funding
comes
from private individuals. We are looking for a corporate partner
that
shares
our principles and values.
Note:
The
abbreviation CRM
also
refers to Customer Relationship Management — see Unit 23.
-
Green
marketing is the development and distribution of eco-friendly, or
environmentallyfriendly, goods — for example, washing powder
that is not harmful to the environment.
6
degrees.ca is a Canadian web-based forum that promotes green
marketing and environmental
protection:
6
degrees.ca believes that if a business is behaving in an ethical
or
moral way then
they will contribute to environmental
sustainability. Sustainable development is
development
that meets the needs of today without compromising the ability of
future
generations to meet their needs. Responsible citizens
are aware of environmental
concerns
such
as global warming, and act to protect
the environment.
Responsible
purchasing is another way that a company can build or maintain a
good
reputation. Companies can refuse to buy materials or goods
made using child labour
or that have been tested on animals. As
well as showing concern for human rights and
animal testing, a
company can implement a policy of sustainable purchasing and only
buy
products that come from renewable sources.
16
Professional
English in Use Marketing
animal |
beneficial |
|
donate |
money |
|
environmental |
problems |
|
mutually |
purchasing |
|
responsible |
responsible |
|
social |
sustainability |
|
socially |
testing |
-
Complete
the texts describing examples of CSR. Then decide whether the
companies areinvolved in CRM, green marketing or social
marketing. Look at A and B opposite to helpyou.
In
2008, we are proud to continue our
marketing
(1) with the
Arlette
Foundation. We will promote the
-
) in
our stores and we
will
sell a range of products displaying
the charity’s distinctive
logo.
For
each product sold, we will
-
) money
to the Arlette
Foundation,
with a minimum
-
) of
£250,000. We are
committed
to being (5)
responsible.
The
Push Play campaign in New Zealand has
successfully
(6) New Zealanders to
do
more exercise. The campaign aimed to limit
the twin epidemics
of obesity and diabetes,
(7) problems
now affecting
countries
worldwide.
CASE
STUDY: Woody
Pens — Designed for the
Environment
Instead
of making its pens from plastic, Good kind
Pen Company uses
wood scraps from local furniture
makers, and its pens are
designed to be refillable.
By
carefully designing its product to be eco-
-
) and
of high quality, it is mutually -
) for
the environment and the
consumer.
Goodkind has made a product with a
super-green profile and, in
the process, enjoys a high
level of satisfaction from
environmentally conscious
consumers and companies with a
responsible
-
) policy.
Goodkind embraces
environmental
(11)
-
Complete
the table with words from A and B opposite and related forms. Put a
stressmark in front of the stressed syllable in each word.
The first one has been done for you.
Noun |
Adjective |
Adverb |
en’vironment |
||
responsibly |
||
society |
socially |
|
sustainably |
Over
to you
Think
about the brands you buy. How does ethical marketing influence your
purchasing
decisions?
Professional
English in Use Marketing
17
a
b
The
market environment
The
micro environment
Learnmarketing.net
provides information for marketing students. Its website says
the
following about the micro environment:
The
following factors have a direct impact on the company and its
stakeholders: consumers,
employees, shareholders and suppliers.
The company has an influence over these factors.
consumers |
A |
competitors |
You |
employees |
Employing Training |
media |
Positive organization. Consumer
that |
shareholders |
It brand in the long term. |
suppliers |
Changes metals — will affect the marketing mix. make business easier. |
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Jovanny Mancera
Milena Espinosa
Andres Franco
Paola Marcela Feo
15.1 Find words in A opposite with the following meanings.
1. The ability to sell an asset for cash. = RTA: LIQUIDITY
2. How well a business uses its assets. = RTA: EFFICIENCY
3. The relationship between two figures .= RTA: FINANCIAL RATIOS
4. How easily a business can pay bills or debts when they are due. = RTA: SOLVENCY
15.2 Make word combinations using a word from each box. One word can be used twice. Then use the word combinations to complete the sentences below. Look at B and C, opposite to help you.
-
- Acid
- Current
- Dividend
- Liquid
- Quick
Assets
-
Cover
-
Ratio
-
Test
1. CURRENT RATIOS consist of cash and things that can be casily sold and converted.
2. A high DIVIDEND COVER shows that the company is retaining a lot of money belonging.
3. The QUICK RATIO or ACID TEST doesn`t count stock or inventory because this might be difficult or impossible to turn into cash.
4. The ACID TEST shows a company`s ability to pay its shorr-term debts.
15.3 Match the two parts of the sentences. Look ar B and C Opposite to help you.
RESPUESTAS: 1 Y b
2 y d
3 y a
4 y c
1. If a company pays out retained surpluses from past years.(b)
2. Some investors are worried that the new stock issue. (d)
3. A high current ratio indicates short-term financial strength but. (a)
4. Wall Street is on a historic price-earnings ratio of around 35, which. (c)
a) It does not measure how efficiently the company is utilizing its resources.(3)
b) Its dividend cover will fall below 1.0.(1)
c) Makes the market very expensive, as the long-term average is 14.45.(4)
d) Will dilute the company`s earnings per share. (2)
Our group is composed by:
JENNIFFER ASTRID COLLAZOS CRUZ
JOHN EMERSON TORRES VANEGAS
JENNIFFER CERON CORREA
THE BALANCE SHEET 1
11.1 Are the following statements true or false? Find reasons for your answers in A and B opposite.
1. British and American balance sheets show the same information, but arranged differently
This sentence is true, American companies show the assets to the left and the liabilities and capital on the right. In Britain companies use a vertical format, assets are up and liabilities and capital down.
2. The revenue of the company in past year is shown on the balance sheet
This sentence is false; the revenue of the company is shown in the statement “the profit and loss account”
3. The two sides or halves of a balance sheet always have the same total.
Is true, the side in where is the total of assets must be same to the total of liabilities and the capital.
4. The balance sheets gives information on how much money the company has receives from sales of shares.
Yes, in the balance sheet shown the sales of shares, because this item is part of the capital account and in this financial statement shown the assets accounts, liabilities accounts and capital accounts.
5. The assets total is always the same as the liabilities total.
No, the assets total must same to the liabilities total and the shareholders’ equity.
6. The balance sheet tells you how much money the company owes.
Yes, the balance sheet shown how much money the company owes, this is in the liabilities accounts.
11.2 Complete the sentences. Look at A and B opposite to help you
1. SUPPLIERS are companies that provide other companies with materials, components, etc.
2. RETAINED EARNINGS are profits that the company has not distributed to shareholders
3. ASSETS are things a company owns and uses in its business
4. LIABILITIES consist of everything a company owes
5. SHAREHOLDERS EQUITY’S consist of money belonging to a company’s owners
11.3 Make word combinations using a word from each box. Then use word combinations to complete the sentences below. Look at A and B opposite to help you
1. We retain a lot of our profits because we don’t distribute any of our earnings to the shareholders
2. Most businesses have customers who owe money, because they grant the 30 or 60 days credit
3. We have a lot of liabilities that we’ll have to pay later this year
THE BALANCE SHEET 2: ASSETS
12.1 Find words and expressions in A, B and C opposite with the following meanings.
1. An amount of money that is owed but probably won’t be paid
In this case, the company must make a provision: that is, deducting the amount of the debt from the year’s profits.
2. The accounting value of a company (assets minus liabilities)
A going concern should be worth more on the stock exchange than simply its net worth or net assets: assets minus liabilities
3. A legal right to produce and sell a newly invented product for a certain period of time
Intangible assets include exclusive rights to produce a particular new product for a fixed period.
4. The historical cost of an asset minus depreciation charges.
Tangible assets are generally recorded at their historical cost less accumulated depreciation charges, the amount of their cost that has already been deducted form profits
5. The amount company pays for another one, in excess of the net value of its assets
if a company buys another one at above its net worth — because of its intangible assets — the difference in price is recorded under assts in the balance sheet as goodwill.
6. A legally protected word, phrase, symbol or design used to identify a product
Intangible assets include brand names or symbols, legally protected, for can’t be used by other company.
7. To accept that a debt will not be paid
if a company thinks a debt will not be paid, it has to anticipate the loss.
8. To deduct money from profits because of debts that will not be paid
It will write off, or abandon, the sum as a bad debt, and make provisions by charging, a corresponding amount against profits: that is, deducting the amount of the debt from the year’s profits
9. Products that are not complete ready for sale
Generally, this products are valued at the lower of cost of market, which means whichever figure is lower.
10. The amount of money owed by customers who have bought goods but not yet paid for them
Debtors are companies or people who owe money they will have to pay in the near future.
12.2 Match the two parts of the sentences. Look at A,B and C opposite to help you
1. A company’s value on the stock exchange is nearly always higher than the value of its net assets
2. Brand names, trade marks, patents, customers, and qualified staff are examples of intangible assets
3. Cash, money owed by customers, and inventory are current assets
4. Companies record inventory at the cost of buying of making the items of the current market price, whichever is lower
5. Companies write off bad debs, and make provisions by deducting the amount from profits
6. Land, buildings, factories and equipment are examples of tangibles, fixed assets.
12.3 Sort the following into current, fixed and intangible assets. Look at A and C opposite to help you
1. Current assets
a. Debtors
b. Cash in the bank
c. Stock
d. investments
2. Fixed assets
a. Land
b. Builidings
3. Intangible assets
a. Reputation
b. Goodwill
c. Human Capital
Make word combinations with the words from the two boxes.
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