Lee aquí la
historia de la empresa en la cual vas a
trabajar durante 15 días.
Realiza todas las
actividades de cada día de trabajo y
consulta las respuestas.
tu examen final únicamente cuando hayas
completado las 15 lecciones de este curso.
In this first step, you will read carefully the presentation of this
unit (phrasal verbs have been highlighted in yellow). A full
glossary below will help you understand it better. To get
information in Spanish, just place the arrow of your mouse on any
highlighted word without clicking.
Today, there is a meeting of
Committee. On this Committee sit
representatives of the various departments in the company. A
maintenance fitter, Roy Biggs,
speaks for the men employees; the women who work on the shop floor
are represented by Miss Tappett;
and Miss Prince speaks for the
clerical staff. The Personnel
Manager is the Chairman of the Committee. The Company Secretary, Mr.
William Buckhurst, is also a member of the
Committee, but, as we hear, he is unable to be present today.
The Welfare Committee
looks after anything which
concerns the well-being and the health or safety of employees. Today
the Welfare Committee discusses a variety of subjects, the first
being the reactions of the staff to the new
canteen. The canteen
has reorganised its serving counters (where the food is displayed) so
that they serve a greater number of people more efficiently.
Then the Committee discusses a suggestion that wages should be paid by
cheque and not in cash. The idea is to avoid drawing large sums of
money every week from a bank, with the possible danger of robbery.
The next item, which is discussed at some length, is what to do with
an area of land behind the factory which could be used for sports
facilities, as a place to play games, such as football.
The meeting is then
brought to an early close because
the members of the Committee want to be present at the official
opening of the new factory
extension.In Hector Grant's
speech, he mentions ways of raising money.When a company
goes public it raises more
capital by selling
shares to anyone who wishes to
buy them. The shares are usually of two kinds:
preference shares and
ordinary shares. In
most companies shareholders have the right to vote
by proxy, that is, they appoint
someone to vote for them by signing a form. The person who votes for
them may be a director of the company or another shareholder.If a company fails or
goes out of
business it can be brought to an end by either
voluntary or compulsory liquidation. With the first, the
shareholders pass a resolution to
the business and the company goes
GLOSSARY: Welfare Committee:
concerned with making better conditions for everyone;
it includes anything to do with the health, safety and leisure of
the employees. A Welfare Committee will concern itself with working
conditions, sport facilities, etc.
(Comité de Bienestar Social);
someone who repairs and maintains factory machines and
equipment(obrero armador de la sección mantenimiento); clerical staff: also known in the United States as
white-collar staff, it relates to clerks working in a company(personal administrativo);
to look after: to take care of (cuidar, vigilar);
a self-service type of restaurant on the factory or
office premises where employees can get a midday meal and
refreshments at a low price(cantina, comedor de planta);
to bring to an early close: to end earlier or before than usual(finalizar -la reunión- antes de lo previsto);
extension: new building added to an existing one(ampliación de planta);
to go public:
become a public company. To
change from a private company, where the shares cannot be freely
bought and sold, to a public company, where the shares can be
purchased by anyone(convertirse en empresa pública, cotizar en bolsa);
in a public company, the shares can be bought and sold through the
Stock Exchange by anyone who wants, or can afford, to buy them. A
person who invests in such a company receives a share of the profits
according to the number of shares he holds. Harper & Grant are a
private company and they sell shares to selected individuals
= preferred shares:
shares which have a fixed rate of dividend (interest paid per year).
If a company does well, holders do not receive an additional
dividend over this rate. Holders of preference shares do not usually
have voting rights, which means that they cannot vote at general
meetings. However, dividends are paid first to owners of preference
shares before any profits are distributed in the form of dividends
to the holders of ordinary shares
(acciones preferidas o preferentes);
= common shares:
The holders of ordinary shares may, in a good year, receive a large
dividend which is paid out of the profits once the preference
shareholders have been paid. In a bad year the directors may
recommend no payment of ordinary dividend, or a small payment out of
retained profits(acciones ordinarias);
by proxy: a power of attorney document given by shareholders of a
corporation authorizing a specific vote on their behalf at a
(por poder, como apoderado);
to go out of business: to stop operating commercially (dejar de
to go into liquidation: termination of a business operation by
using its assets to discharge its liabilities (liquidarse,
suspender los negocios).
Listening for Gist
In this second step, you will listen through this conversation.
Don't worry about understanding every word they are saying. Now,
just relax, start listening to the audio file
and try to understand the general meaning.