Saturday, August 31, 2019

Reading Cap 3 Market Leader

READING CAP 3 A) What area of business do you think the company American International Group (AIG) is envolved in’ a) Tobacco b) Insurance c) Oil d) Packaging B) What dot he following people mentioned in the article: Maurice Greenberg: Chairman Corneluis Vander: founder Edmund Tse: Runs Asian operations C) What do the following numbers in the main fthe article refers to? 166. – capitalisation 1992- Graduate licence 1919- Year of foundation in shangai 80,000- # of employees 130. -# of countries D) According to the article what are the main factors responsible for AIG? s success in Asia?R= because relationships in government E) Read the article and answer these questions 1. -What objective does AIG have in china? Increase the share 2. -What does Mr Greenberg see as his role in the company? As a employee 3. – Why in Asia important to AIG? The respect and valuies F) Find three verbs in the article which combine with the noun relationships to mean develop. Build Turni ng Success G) Find phrases (adjective and noun) in the article which mean the following 1. -Unused possibilities -odds 2. -continuing in the same place for a great length of time- permanency 3. -unlimited entry- . -representative connected to a company– image 5. -developing sales areas – develop training 6. -important talks- discussion 7. -most important countries – main advantage H) Discuss these questions 1. -what can spoil relations between companies? -. – missunderstoods 2. -a foreign company is opening a branch in your country. What factors should it consider? .- share of market 3. – In your experience are certain nationalities better at building relationship than others? If so which ones? American and japannesse 4. -How can you build good business relationships?. Favours and respect

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