• Посилання скопійовано

Retail Business Risks: перевір свою англійську

Продовжуємо вивчати лексику з "Practical Financial English". Цього разу пропонуємо Вашій увазі слова, які часто використовуються при обговоренні питань про ризики роздрібної торгівлі

Retail Business Risks: перевір свою англійську

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.

 

2. CHECK YOUR SPEAKING

 

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

[ Див. вірну відповідь ]

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”

Докладніше про книгу та її замовлення див. тут >>>

Переглянути нову термінологію і пройти інші тести можна  тут >>>

 

Джерело: «Дебет-Кредит»

Рубрика: «Дебет-Кредит»/Новини партнерів

Зверніть увагу: новинна стрічка «Дебету-Кредиту» містить не тільки редакційні матеріали, але також статті сторонніх авторів, роз'яснення співробітників фіскальної служби тощо.

Дані матеріали, а також коментарі до них, відображають виключно точку зору їх авторів і можуть не співпадати з точкою зору редакції. Редакція не ідентифікує особи коментаторів, не модерує тексти коментарів та не несе відповідальності за їх зміст.

30 днiв передплати безкоштовно!Оберiть свiй пакет вiд «Дебету-Кредиту»
на мiсяць безкоштовно!
Спробувати

Усі новини рубрики «Новини партнерів»