Notes, summaries, assignments, exams, and problems for Other courses

Employment Law: Key Concepts

1. Contract Terms vs. Psychological Contract

   A written employment contract contains terms and conditions like salary, working hours, and benefits. The psychological contract is an implicit agreement between employee and employer based on mutual expectations and loyalty.

2. Benefits of a Contract

   For the employee, it provides security, legal protection, and clarity on obligations. For the employer, it offers stability and a legal framework for managing employment.

3. Standard Employment Contract Terms

   Salary, working hours, workplace location, probationary period, vacation policies, and dismissal procedures.

4. Implementing the Psychological Contract

   It is more challenging because it is based on unwritten expectations, values, and interpersonal

Recently, I had the pleasure of embarking on a school trip that left a lasting impression on me. Our destination? The historic city of Florence, Italy. As a student passionate about art and history, I was thrilled at the prospect of exploring this cultural gem firsthand.

Our journey began early in the morning as we boarded the bus, excitement palpable in the air. The scenic drive through the picturesque Italian countryside only heightened our anticipation. Upon arrival, we were greeted by our knowledgeable tour guide who led us on a whirlwind adventure through Florence's cobblestone streets and iconic landmarks.

Uffizi Gallery: Renaissance Masterpieces

One of the highlights of the trip was our visit to the Uffizi Gallery, home to an impressive... Continue reading "Florence: A Student's Memorable Italian Adventure" »

Business Loan Inquiry for a Fashion Boutique

Introduction

Dear [Bank Representative's Name],

I hope this email finds you well. I am writing to inquire about obtaining a business loan to finance my new fashion boutique. As an aspiring entrepreneur, I am excited to start my own small business in the fashion industry.

Business Description

I plan to open a fashion boutique that offers curated, unique clothing and accessories for men and women. Our boutique will focus on providing personalized shopping experiences, showcasing emerging designers, and staying ahead of fashion trends. With a carefully curated collection, we aim to attract fashion-conscious customers seeking quality and style.

Financial Requirements

To successfully launch my fashion boutique,... Continue reading "Secure Funding for Your Fashion Boutique: A Comprehensive Guide" »

Capital Structure

Capital structure refers to how a company finances its operations and investments using different combinations of debt and equity. This structure significantly impacts the company's financial strength and profitability.

Simply put, a company can finance itself through debt (loans, bonds, etc.) or equity (stocks). The choice between these two types of financing determines the capital structure.

Debt involves borrowing money that must be repaid with interest. This can increase financial risk if the debt cannot be repaid, but it can also offer tax benefits due to the deductibility of interest.

Equity, on the other hand, involves financing the company by issuing and selling shares. This does not require interest payments, but it dilutes... Continue reading "Corporate Capital Structure and Pension Planning" »

Phrasal Verbs

• Taken over: To take control of
• Call for: To require
• Getting at: To insinuate
• Taking on: To assume
• Logging on: To initiate a session
• Picking up: To collect
• Down with: To reject, disapproval
• Bring along: To bring something with you
• Told us off: To reprimand
• Sign up: To register
• Broken out: To have symptoms, to become ill
• Coming: Imminent, about to arrive
• Came on: To advance, to begin
• Going out: To go out to dinner, out of fashion
• Come down with: The onset of an illness
• Signed up for: Registered, enrolled
• Come on: To encourage someone to do something

Work and Business

• The job market: The labor market
• Management
• Marketing
• A market researcher: A market researcher
• Market share: Market share
• On the market: On the market
• Qualifications: Qualifications
• Stock market:

English Exercises

Grammar

1 - D. 2 - B. 3 - B. 4 - D. 5 - A. 6 - C. 7 - B. 8 - B. 9 - A. 10 - B.

Vocabulary

• Get married
• Leave work
• Start school
• Settle down
• Have children
• Become a grandparent
• Grow up
• Pass away
• Retire from work
• Raise a family

Reading

1 - TRUE. 2 - FALSE. 3 - FALSE. 4 - TRUE. 5 - TRUE.

6 - TRUE. 7 - TRUE. 8 - FALSE. 9 - TRUE. 10 - FALSE.

Business Correspondence Examples

Business Loan Inquiry for a New Company

Subject: Business Loan Inquiry for My New Company

Dear Sir/Madam,

I hope this letter finds you well. I am writing to inquire about obtaining a business loan to finance my new company. Here are the details:

1. Business Type: I plan to start a small technology consulting firm specializing in providing IT solutions and services to local businesses.

Phrasal Verb Examples

1. Break Down

   Tina's computer broke down in the middle of her paper.

2. Turn Down

   She turned down all the men who asked her to marry them.

3. Look Up To

   That teacher is someone I look up to.

4. Get On With

   Does Sheila get on well with her parents?

5. Look Into

   Have scientists ever looked into the way animals communicate with humans?

6. Get By

   It is difficult for the family to get by on the money they have.

7. Look Forward To

   The girls are looking forward to seeing their grandparents again.

8. Come Up With

   The inventor came up with a solution to the problem in a dream.

9. Put Off

   They have put off the meeting until next Friday.

10. Work Out

    It was difficult to work out what was happening in the story.

11. Look Up

    Will you look up this word in the dictionary?

12. Drop Out

    I didn't know

The Snail and the Squirrel Race

Once upon a time, there was a squirrel who constantly made fun of the snail's slowness. The snail, tired of the teasing, challenged the squirrel to a race. The squirrel, confident in his speed, accepted the challenge immediately.

The snail, although he knew he was slower than the squirrel, accepted the challenge with humility. The race began, and the squirrel took a big advantage at first, running fast along the road. However, as the race progressed, the squirrel felt confident and stopped to rest under a tree. "There's no way the snail will reach me now!" the squirrel thought while picking fruits to eat.

Meanwhile, the snail continued to advance step by step, without stopping or losing its rhythm. Although it was... Continue reading "The Snail and the Squirrel: A Tale of Perseverance" »