3. Read the international words and guess their meanings: Economic activity, economic system, macroeconomics, microeconomics, to produce, to operate, to protect, to analyze, to finance, to manufacture, to specialize, to focus, to affect, service, school, hospital, garage, fact, base, production, material, industry, radio, strategy, status, export, import, institution, distribution, division, investment, history, organization, period, spectrum, agriculture, essential, basic, industrialized, oriented (policy), national, financial, social, major, fact, base, total, primarily, public. 4. Study and memorize the following words and word combinations: the personnel manager financial manager sales manager - начальник отдела кадров - финансовый менеджер - заведующий отделом продаж, заведующий отделом сбыта - менеджер по маркетингу - наблюдать (за чём-л.); надзирать; заведовать - коммерческая организация - управленческий - иерархия - подчиненный - власть, полномочия - передавать полномочия marketing manager to supervise profit-making organization managerial hierarchy subordinate authority to delegate authority 5. Read and memorize the following words and word combinations: in order to - для того, чтобы goods and services - товары и услуги to provide services - предоставлять (оказывать) услуги either... or - или... или, либо... либо... both... and... - как..., так и ... to make up - составлять