Section A

Date: 2015-10-07; view: 497.

· In this unit we will hear three parts of a presentation about currency options by John Morley. He is Executive Director of the foreign exchange division of a London merchant bank and is making his presentation to a group of cash managers and treasurers from different corporate clients.

A1

· Here are the steps which John uses in planning his presentation strategy. Choose the five steps which you think are the most important for the making of a successful presentation in their order of importance and then discuss your choices with a partner.

1. Set the objective of the presentation.

2. Research the topic.

3. Analyze the needs of the audience.

4. Formulate a clear introduction.

5. Select information which the audience needs on the topic and which makes the advantages clear.

6. Review the advantages and finish with a clear closing statement.

7. Provide time for audience questions.

8. Include language techniques to help direct the attention of the audience.

9. Prepare visual aids.

10. Practise the entire presentation.

A2

· Listen to the beginning of John Morley's presentation. As you do so, make brief notes on what John says. Some headings are given here to help you.

Currency options market:

Forward contracts:

Treasury services:

Leadership position:

Medium-size to large companies:

А3

· Listen to this part of the presentation again and write down in the spaces provided the words that John Morley says.

We have therefore built up quite a .....(1)..... leadership position in .....(2)...... options, and we believe that we ......(3)...... the bank in the world that .....(4)...... the most currency option business. We may ......(5)..... find that as time goes by perhaps .....(6)...... banks, with a larger customer base than .....(7)......., the retail banks for instance, start ......(8)..... these products and get them .....(9)......, that they may eventually ......(10)..... us in volume. But for the .....(11)...... to large company we believe that we will have a ....(12)...... element, a special ......(13)..... element, which will be important, and which we .....(14)...... to be able to keep in the .....(15)...... position in this and one or two other new markets.

А4

· Listen to this part of the presentation again and say if these statements are true or false.

1. John begins by introducing himself and by thanking his listeners for coming.

2. A number of services in the currency field and in cash management field can be used singly only and no combination is possible.

3. John says that currency options are quite complicated.

4. The currency options market has been developed for many years and is considered a traditional one.

5. There will be opportunities later for discussion with subject experts.

6. John expects currency options to become as important as forward contracts.

7. John's bank was one of the first to introduce all kinds of new services in the currency option field.

8. John believes that his bank does as much currency options business as any other bank in the world.

9. John expects the retail banks eventually to do larger volumes in currency options business than his own bank.

10. John does not expect larger banks to have the same tailor-made element in currency options services as his own bank will have.

A5

· Arrange to following words into:

a) pairs of synonyms:

remove, deal, gearing, overhaul, bonus, exercise, commitment, effect, endeavor, leverage, acknowledgment, eliminate, overtake, contemplate, undertaking, premium, transaction, obligation, consider, confirmation;

b) pairs of antonyms:

adverse, downside, include, complicated, distract, advantage, contingent, profit, eliminate, unskilled, behind, favourable, upside, straightforward, attract, foreseen, loss, seasoned, forefront, disadvantage.