Завдання тесту:
- Розмістіть в тексті потрібні слова
- Перевірте свою вимову
- Звіртеся з вірним варіантом
1. TASK: Insert the appropriate word in the text below:
adhere - bottom - claims - critical - expose
exposure - hinder - investigate - prone - safeguard
disruptions - surveillance - surveillance - theft
threats - vulnerability - vulnerable
Theft/shrink is one of the most significant ___________ to retail profitability. Short staffing — due to a tight labor market and efforts to streamline costs — increases ___________ to theft and makes premises ___________ more difficult. Because products are on display, they are ___________ to theft by both customers and employees. The cost and difficulty of implementing and maintaining a quality security system can ___________ a business’s ability to manage theft/shrink. According to the 2000 National Retail Security Survey, U.S. retailers lost more than $13.2 billion from employee ___________ that year. This totals 44.5 percent of inventory shrinkage, while shoplifting accounted for 32.7 percent according to the survey. Together, they represent more than 75 percent of retail shrink.
The retail industry also faces the issue of rising workers’ compensation ___________ and associated costs. Stockroom workers are ___________ to injuries related to the repetitious nature of their work. The use of improper techniques when handling stock can ___________ employees to physical injuries. Workers’ compensation costs are rising at an astonishing rate and can significantly affect the ___________ line. For example, a company with $500,000 in workers’ compensation-related costs and a 5 percent profit margin needs to sell $10 million worth of products just to cover those costs. Insurance premiums and workers’ compensation claims can place an unnecessary financial burden on retailers if not properly managed.
A retailer’s reputation is also a ___________ factor in its success. Companies do not only sell their product — they create an image. And they face increasing pressure to ___________ to a high level of corporate social responsibility.
Because of retailers’ ___________ to theft, it is vital that programs be implemented to protect merchandise. The implementation of a ___________ system and the employment of security personnel are critical. Security consulting services can help companies identify the weaknesses in their security systems and recommend ways to create optimal programs.
Forensic accountants can help identify and ___________ suspected theft or fraud and, help prepare related insurance claims. After vulnerabilities have been identified, it is important to consider business continuity management services to create a plan for minimizing ___________ and returning organizations to normal operations quickly and efficiently.
In order to ___________ a company’s reputation, it is essential that representatives communicate honestly and regularly with their various stakeholders, including employees, the media, regulators, vendors, shareholders, and the community.
short staffing | ʃɔːt ˈstɑːfɪŋ | нехватка персонала |
burden | ˈbɜːdn | нагрузка |
compensation claim | ˌkɒmpənˈseɪʃ(ə)n kleɪm | требование компенсации |
disruption | dɪsˈrʌpʃ(ə)n | прерывание (в работе) |
effort to streamline costs | ˈefət tuː ˈstriːmlaɪn kɒsts | попытка рационализировать расходы |
exposure to theft | ɪksˈpəʊʒə tuː θɛft | подверженность краже |
fraud | frɔːd | мошенничество |
physical injuries | ˈfɪzɪk(ə)l ˈɪnʤ(ə)riz | физические травмы |
premises surveillance | ˈpremɪsɪz sɜːˈveɪləns | наблюдение за бизнес-площадями |
security system | sɪˈkjuərəti ˈsɪstəm | система безопасности |
shoplifting | ˈʃɒpˌlɪftɪŋ | кража в магазине |
shrinkage | ˈʃrɪŋkɪʤ | сокращение запасов по причине краж или повреждения товаров |
surveillance system | sɜːˈveɪləns ˈsɪstəm | система наблюдения |
theft | θɛft | кража |
threat to profitability | θret tuː ˌprɒfɪtəˈbɪləti | угроза прибыли |
tight market | taɪt ˈmɑːkɪt | рынок с недостаточным предложением |
to adhere to | tuː ədˈhɪə tuː | придерживаться |
to affect the bottom line | tuː əˈfekt ðə ˈbɒtəm laɪn | повлиять на финансовый результат |
to be prone to | tuː biː prəun tuː | быть склонным |
to be vulnerable to | tuː biː ˈvʌln(ə)rəbl tuː | уязвимый |
to expose | tuː ɪksˈpəuz | подвергать |
to hinder | tuː ˈhɪndə | препятствовать |
to safeguard | tuː ˈseɪfgɑːd | защищать, принимать меры предосторожности |
vulnerability | ˌvʌln(ə)rəˈbɪləti | уязвимость |
3. SEE CORRECT ANSWER
ANSWERS:
Theft/shrink is one of the most significant threats to retail profitability. Short staffing — due to a tight labor market and efforts to streamline costs — increases exposure to theft and makes premises surveillance more difficult. Because products are on display, they are vulnerable to theft by both customers and employees. The cost and difficulty of implementing and maintaining a quality security system can hinder a business’s ability to manage theft/shrink. According to the 2000 National Retail Security Survey, U.S. retailers lost more than $13.2 billion from employee theft that year. This totals 44.5 percent of inventory shrinkage, while shoplifting accounted for 32.7 percent according to the survey. Together, they represent more than 75 percent of retail shrink.
The retail industry also faces the issue of rising workers’ compensation claims and associated costs. Stockroom workers are prone to injuries related to the repetitious nature of their work. The use of improper techniques when handling stock can expose employees to physical injuries. Workers’ compensation costs are rising at an astonishing rate and can significantly affect the bottom line. For example, a company with $500,000 in workers’ compensation-related costs and a 5 percent profit margin needs to sell $10 million worth of products just to cover those costs. Insurance premiums and workers’ compensation claims can place an unnecessary financial burden on retailers if not properly managed.
A retailer’s reputation is also a critical factor in its success. Companies do not only sell their product — they create an image. And they face increasing pressure to adhere to a high level of corporate social responsibility.
Because of retailers’ vulnerability to theft, it is vital that programs be implemented to protect merchandise. The implementation of a surveillance system and the employment of security personnel are critical. Security consulting services can help companies identify the weaknesses in their security systems and recommend ways to create optimal programs.
Forensic accountants can help identify and investigate suspected theft or fraud and, help prepare related insurance claims. After vulnerabilities have been identified, it is important to consider business continuity management services to create a plan for minimizing disruptions and returning organizations to normal operations quickly and efficiently.
In order to safeguard a company’s reputation, it is essential that representatives communicate honestly and regularly with their various stakeholders, including employees, the media, regulators, vendors, shareholders, and the community.
Цей та багато інших корисних матеріалів Ви знайдете в
підручнику “Practical Financial English”
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