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Nombre: Julio César Pomposo Nombre del curso: Inglés V Matrícula: 2542767 Nombre del profesor: Miriam Hernández Martínez Módulo: 1. Industry and trade Actividad: Review units 4 to 6 Fecha: 17 de junio de 2011 Bibliografía: Talcott, C. et all. (2007) Target Score Second edition. Cambridge University Press Objetives: Use comparatives and superlatives Use causative verbs Use future forms Procedimiento: 1. I read the module 2. Industry and trade ( Topics 5,6,7 and 8 ) 2. I read the slides 5,6,7 and 8 of module 2 3. I was practiced discovering vocabulary related to stores and products 4. I used vocabulary related to problems and reasons for such problems Results: Instructions: You are going to get a promotion in the NYSE! It is the opportunity you were asking for…but here comes the deal: Your boss wants you to train her daughter. Your promotion depends on this. Surprise: She does not know anything about stocking so you need to introduce the most common terms to her. Write down definitions and examples (15 terms at least). Commission: Commission is the money paid to a person who sells your product or service to a customer. Commissions paid can be a set amount of money per unit sold or a percentage of the sale. Earnings: Your earnings are your income or profit. Equity: Equity in a business is the difference between your assets and liabilities. Simply, if the business has $1,000 in assets and $100 in liabilities, then the business has $900 in equity. Fixed Costs: Fixed costs are the costs that do not change in relation how much you sell. Paying rent or salaries are examples of fixed costs. They do not change if your sales or income/profit increase or decrease. Gross Margin: Your gross margin is the difference between the total amount of money you made from selling your product or service and the total amount of money your product or service cost you. For example, if it cost you $10 to make your widget, but you sold it for $30, your gross margin is the difference - $20. Inventory: Your inventory are the goods you have on hand or in stock. Your inventory can also be the materials you have on hand that are used to manufacture your product. Invoice: An invoice is the bill that is given to the purchaser of a product or service for money due. Liabilities: Your liabilities are your debts. They are items in which you owe money. If the debt can be repaid in less than five years, it's considered a short-term liability; longer than five years, it's a long-term liability. Marketing Collateral: Marketing collateral are the materials used to describe your product or service. Brochures, newsletters, postcards, flyers, and press releases are all forms of marketing collateral. Profit: Your profit is the money you made from the sale of your product or service minus your costs/expenses before tax. Your net profit is the money you made minus your costs/expenses AND tax. Return on Investment (ROI): A ROI is your net profit divided by your total equity. For example, if cost you $100 to invest in a lawnmower and over six months, your net profit from mowing lawns with it was $1,000. Your ROI is 90 percent. To calculate: Equity ($1,000) - Cost ($100) / Cost ($100) = ROI Variable Costs: Variable costs are costs that change in proportion to the number of units produced. For example, if you own a dog grooming business, dog shampoo is a variable cost. You only incur the cost based on the number of dogs you wash. Variable costs aren't as risky as fixed costs because you only incur them when you sell your product or service. Wholesaler: A wholesaler is a person who provides the distribution of inventory from the manufacturer to the retailer.1 Now that she is getting familiar with the terms it is time to explain to her what to do before investing. Number a set of steps to achieve before you take the risk to invest. Do not forget to give examples. Bibliotecas del Tecnológico de Monterrey – Common Business Words – http://biblioteca.itesm.mx Visitado 17 de junio de 2011 1 Financial Steps to Invest Step No. 1 Appoint a Legal Representative of Industry Step No. 2 Incorporate the company at NYSE Step No. 3 Open a bank account Step No. 4 Funnel your investment through the foreign exchange market Step No. 5 Register the investment with the bank, on the foreign exchange report form Step No. 6 Repatriate your profits without paying taxes You have spent time with her and you already know that she is interested in architecture. You need to take advantage to show her that she can join both worlds (investment-architecture). Surf the web, find examples, and design a chart of cause and effects of investment in architecture. Cause Effects - Cash Flow from Rental Income - More Value at Sale - Increases in Value Due to Appreciation - You Could Just Find that "Steal of a Deal" You are giving the report to your boss and he is very happy with it. In fact, he decides that her daughter and you are going to work together! You did not see it coming, did you? This time you will give your new teammate examples of does and don’ts in this business. Make a chart: You must You need to You have to Concentration Discipline and self control Great personnel Professionalism Honesty Innovation Speed / efficiency Management skill Strategic marketing plan Write a report about your strategies to introduce someone new into the investment world. Deliver it to your teacher. A well-planned investment strategy is essential before having any investment decisions. A business strategy is generally based upon long run period. Formation of business strategy largely dependent upon the factors such as long-term goals and risk on the investment. As the return on investment is not always clear, so the investors prepare the strategy so as to face the ongoing challenges in investment. A balanced investment strategy is generally required in the process of investment, which possesses long time period and some risk tolerance. In the case, when a strategy is aggressive the chance of attaining a higher goal is higher. An efficient strategy can be obtained from portfolio theory, which shows good estimates on risk and return. Investment Strategy is usually considered to be more of a branch of finance than economics. It is defined as set of rules, a definite behavior or procedure guiding an investor to choose his investment portfolio. For example, investing in mutual funds has recently emerged as a very favorable investment strategy. An investment strategy is centered on a risk-return tradeoff for a potential investor. High return investment instruments such as real estate and mutual funds usually have more risks associated with it than low return-low risk investment opportunities. Return on investment can be calculated on past or current investment or on the estimated return on future investment. 2 Conclusions: In this module 2, I learnt too many vocabulary about industry and trade and development projects, reviewed determiners, a lot of vocabulary related to industry, and recognize synonyms and antonyms, also learned new ways to meet business strategies Bibliotecas del Tecnológico de Monterrey – Investment Strategy, Guide to Investment Strategy – http://biblioteca.itesm.mx Visitado 17 de junio de 2011 2