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ENG1512
Assignment 1
Semester 1 |
Due 19 March
2025
[Type the document subtitle]
[Pick the date]
[Type the abstract of the document here. The abstract is typically a short summary of the contents of
the document. Type the abstract of the document here. The abstract is typically a short summary of
the contents of the document.]
, Exam (elaborations)
ENG1512 Assignment 1 Semester 1 | Due 19
March 2025
Course
English for Economic and Management Science (ENG1512)
Institution
University Of South Africa (Unisa)
ENG1512 Assignment 1 Semester 1 | Due 19 March 2025. All questions
answered. Question 1: Vocabulary building 1.1. Unit 1 of the study guide
(TUT501) highlights that dictionaries help to provide the meaning of words.
They can also be utilised to build vocabulary. As you read, you can use a
dictionary to look up the meaning of unfamiliar words, which helps to expand
your vocabulary. Find any newspaper article of approximately 150 words
with content related to the field of economics and management. You can
either attach a photo of the article to your answer book or type it out.
Identify and underline or label new words you have learned from the article.
Then, draft a paragraph of about 100 words to demonstrate your
understanding of these words. 1.2 Explore various articles on Google Scholar
to observe how the words provided in the table below are utilised in the
context of economics and management. Identify and extract relevant
sentences that exemplify their contextual usage. Ensure accurate citation of
sources, including page numbers, and compile a full reference list of all
sources utilised. In addition, carefully note the parts of speech provided for
each word and strive to find sentence examples that match these parts of
speech. Words Sentences from articles and citations Reference list a) Launch
(verb) b) Venture (verb) c) Investment (noun) d) Innovation (noun) e) Proof
(noun) f) Overdraft (noun) g) Testimony (noun) h) Peers (noun) i) Redress
(verb) j) Merchant (noun) Question 2: Reading and comprehension Effective
reading is crucial in this module, as it enables you to internalise key
economic concepts, terminologies and build vocabulary. To comprehend
your reading, engage with the texts and critically analyse the content. Read
the following excerpt from an article and respond to the subsequent
questions. lln a corporation , by contrast, the shareholders do not personally
manage their money. Instead, a corporation is managed by directors and
officers who need not be investors. Because managerial authority is
concentrated in the hands of directors and officers, shares are freely
transferable in the hands of directors and officers, shares are freely
transferable unless otherwise agreed. They can be sold or given to anyone
without placing other investors at the mercy of a new owner's poor
judgment. The splitting of management and ownership into distinct functions
is the main corporate feature. Shareholders receive voting rights to elect the
board of directors, and the directors, in turn, elect the officers. When a
corporation is created, its officers, directors, and shareholders usually are
, the same people. They elect themselves or their nominees to the board of
directors and then elect themselves as corporate officers. When the
corporation later goes public, the founders usually prefer to retain control
because they value the additional capital and because they expect to
continue to control a maj ority of votes on the board and thus to direct the
company's future policy and growth. This text is excerpted from an English
for Economics and Management Sciences material (an online resource)
[Accessed: 12 December 2024]. 2.1 Read Unit 1 of the study guide (TUT501),
particularly the subsection on reading strategies, and identify the reading
strategy you employed to read the excerpt above. Specify the page number
where this reading strategy is discussed and explain why you chose it. Your
explanation must be in at least 3 or 4 sentences. 2.2 What would be the
suitable title for this excerpt? justify. 2.3 Read steps on how to summarise on
Page 15 of the study guide. In your own words, summarise the main points of
the excerpt. 2.4 To show proficiency in writing, you must be able to
coherently and cohesively produce sentences that are interconnected.
Create a sentence that you think would logically transition, link and build up
to a new paragraph. 2.5 On Page 20 of the study guide, ‘essential aspects of
critical reading and thinking’ are discussed, including examples such as point
of view, claims, allegations, speculations, facts, and opinions. As an
academic, you should be able to separate these aspects of critical thinking.
Which aspect do you think the following sentence from the excerpt above
represents? Justify your answer. When a corporation is created, its officers,
directors, and shareholders usually are the same people. (2 marks)
Economic and Management Trends in a Changing Global Market
In today’s dynamic global economy, businesses and governments must navigate fluctuations in
economic growth, monetary policies, and market volatility to remain competitive. Economic
and management principles play a crucial role in shaping corporate strategies, financial planning,
and government interventions to ensure long-term stability. Recent developments, such as
inflationary pressures, global supply chain disruptions, and digital transformation, have
influenced economic decision-making at multiple levels. This discussion explores key economic
trends using newly acquired vocabulary related to finance, management, and policy-making.
One of the most pressing challenges for modern economies is inflationary pressure, which
refers to the sustained increase in prices across goods and services. Central banks respond by
adjusting monetary policy, which includes tools such as interest rate hikes to curb excessive
spending and stabilize inflation. For example, the South African Reserve Bank (SARB) has
raised the repo rate multiple times in response to rising consumer prices, impacting both
corporate borrowing and household expenditures. Higher interest rates increase the cost of credit,
leading to reduced consumer spending and slower economic growth. However, excessive
tightening of monetary policy can also trigger economic stagnation, a period of slow or negative
growth that reduces employment opportunities and business investments.
ENG1512
Assignment 1
Semester 1 |
Due 19 March
2025
[Type the document subtitle]
[Pick the date]
[Type the abstract of the document here. The abstract is typically a short summary of the contents of
the document. Type the abstract of the document here. The abstract is typically a short summary of
the contents of the document.]
, Exam (elaborations)
ENG1512 Assignment 1 Semester 1 | Due 19
March 2025
Course
English for Economic and Management Science (ENG1512)
Institution
University Of South Africa (Unisa)
ENG1512 Assignment 1 Semester 1 | Due 19 March 2025. All questions
answered. Question 1: Vocabulary building 1.1. Unit 1 of the study guide
(TUT501) highlights that dictionaries help to provide the meaning of words.
They can also be utilised to build vocabulary. As you read, you can use a
dictionary to look up the meaning of unfamiliar words, which helps to expand
your vocabulary. Find any newspaper article of approximately 150 words
with content related to the field of economics and management. You can
either attach a photo of the article to your answer book or type it out.
Identify and underline or label new words you have learned from the article.
Then, draft a paragraph of about 100 words to demonstrate your
understanding of these words. 1.2 Explore various articles on Google Scholar
to observe how the words provided in the table below are utilised in the
context of economics and management. Identify and extract relevant
sentences that exemplify their contextual usage. Ensure accurate citation of
sources, including page numbers, and compile a full reference list of all
sources utilised. In addition, carefully note the parts of speech provided for
each word and strive to find sentence examples that match these parts of
speech. Words Sentences from articles and citations Reference list a) Launch
(verb) b) Venture (verb) c) Investment (noun) d) Innovation (noun) e) Proof
(noun) f) Overdraft (noun) g) Testimony (noun) h) Peers (noun) i) Redress
(verb) j) Merchant (noun) Question 2: Reading and comprehension Effective
reading is crucial in this module, as it enables you to internalise key
economic concepts, terminologies and build vocabulary. To comprehend
your reading, engage with the texts and critically analyse the content. Read
the following excerpt from an article and respond to the subsequent
questions. lln a corporation , by contrast, the shareholders do not personally
manage their money. Instead, a corporation is managed by directors and
officers who need not be investors. Because managerial authority is
concentrated in the hands of directors and officers, shares are freely
transferable in the hands of directors and officers, shares are freely
transferable unless otherwise agreed. They can be sold or given to anyone
without placing other investors at the mercy of a new owner's poor
judgment. The splitting of management and ownership into distinct functions
is the main corporate feature. Shareholders receive voting rights to elect the
board of directors, and the directors, in turn, elect the officers. When a
corporation is created, its officers, directors, and shareholders usually are
, the same people. They elect themselves or their nominees to the board of
directors and then elect themselves as corporate officers. When the
corporation later goes public, the founders usually prefer to retain control
because they value the additional capital and because they expect to
continue to control a maj ority of votes on the board and thus to direct the
company's future policy and growth. This text is excerpted from an English
for Economics and Management Sciences material (an online resource)
[Accessed: 12 December 2024]. 2.1 Read Unit 1 of the study guide (TUT501),
particularly the subsection on reading strategies, and identify the reading
strategy you employed to read the excerpt above. Specify the page number
where this reading strategy is discussed and explain why you chose it. Your
explanation must be in at least 3 or 4 sentences. 2.2 What would be the
suitable title for this excerpt? justify. 2.3 Read steps on how to summarise on
Page 15 of the study guide. In your own words, summarise the main points of
the excerpt. 2.4 To show proficiency in writing, you must be able to
coherently and cohesively produce sentences that are interconnected.
Create a sentence that you think would logically transition, link and build up
to a new paragraph. 2.5 On Page 20 of the study guide, ‘essential aspects of
critical reading and thinking’ are discussed, including examples such as point
of view, claims, allegations, speculations, facts, and opinions. As an
academic, you should be able to separate these aspects of critical thinking.
Which aspect do you think the following sentence from the excerpt above
represents? Justify your answer. When a corporation is created, its officers,
directors, and shareholders usually are the same people. (2 marks)
Economic and Management Trends in a Changing Global Market
In today’s dynamic global economy, businesses and governments must navigate fluctuations in
economic growth, monetary policies, and market volatility to remain competitive. Economic
and management principles play a crucial role in shaping corporate strategies, financial planning,
and government interventions to ensure long-term stability. Recent developments, such as
inflationary pressures, global supply chain disruptions, and digital transformation, have
influenced economic decision-making at multiple levels. This discussion explores key economic
trends using newly acquired vocabulary related to finance, management, and policy-making.
One of the most pressing challenges for modern economies is inflationary pressure, which
refers to the sustained increase in prices across goods and services. Central banks respond by
adjusting monetary policy, which includes tools such as interest rate hikes to curb excessive
spending and stabilize inflation. For example, the South African Reserve Bank (SARB) has
raised the repo rate multiple times in response to rising consumer prices, impacting both
corporate borrowing and household expenditures. Higher interest rates increase the cost of credit,
leading to reduced consumer spending and slower economic growth. However, excessive
tightening of monetary policy can also trigger economic stagnation, a period of slow or negative
growth that reduces employment opportunities and business investments.
