Ўзбекистон республикаси олий таълим, фан ва инноватсиялар вазирлиги тошкент молия институти

9 I know this is a sensitive issue, so let’s try to __________ any confrontation during our discussion.
10 We need an environment where employees feel able to __________ their opinions freely.


Task 5
5.1 Prepare presentation on topic: “ Product and price “


Self study 16
Task 1
1.1What is the commodity market ? Explain answer with examples.
The commodity market is a financial market where raw materials or primary goods are bought and sold. These commodities can be categorized into various types such as agricultural products (e.g., wheat, corn, coffee), energy products (e.g., oil, natural gas), metals (e.g., gold, silver, copper), and more.

In the commodity market, investors and traders speculate on the future prices of these commodities and trade contracts that represent the delivery or future delivery of the physical goods. The prices of commodities are influenced by various factors such as supply and demand dynamics, geopolitical events, weather conditions, economic indicators, and global market trends.

For example:
1. In the agricultural commodity market, a farmer can sell their wheat in advance through a futures contract to secure a fixed price despite potential price fluctuations before the harvest.
2. In the energy commodity market, an oil company can hedge against the risk of price volatility by locking in a future price through derivatives like options or swaps.
3. In the metals commodity market, an investor may purchase gold as a hedge against inflation or uncertainty in the financial markets.

Overall, the commodity market plays a crucial role in the global economy, providing a platform for producers, consumers, and investors to manage risk, speculate on price movements, and ensure the availability of essential goods.
Task 2
2.1 Translate the following words and make up sentences with either of them:
1.income - Daromad
2. intelligence - Intelekt
3. job slots - Ish o'rinlari
4. laborer Ишчи
5. labour rate - ish Stavkasi
6. labour turnover - ish aylanmasi
7. letter of application zayavka
8. marital status oilaviy holat
1. income (noun) - the money received on a regular basis for work or through investments

Sentence: My income has increased significantly since I started working for this company.

2. intelligence (noun) - the ability to acquire and apply knowledge and skills

Sentence: Her high level of intelligence enabled her to solve complex problems quickly.

3. job slots (noun) - available positions or openings for employment

Sentence: There are only a few job slots left in the marketing department, so apply soon.

4. laborer (noun) - a person engaged in physical work, typically requiring manual labor

Sentence: The construction site requires many skilled laborers to complete the project on time.

5. labour rate (noun) - the amount of money paid per hour or per unit of work in exchange for labor

Sentence: The company increased the labour rate for skilled workers to attract and retain top talent.

6. labour turnover (noun) - the rate at which employees leave a company and are replaced by new ones

Sentence: High labour turnover can be costly for businesses due to the time and resources required for recruitment and training.

7. letter of application (noun) - a formal written request for a job, also known as a cover letter

Sentence: He wrote a compelling letter of application to showcase his qualifications for the position.

8. marital status (noun) - the state of being single, married, divorced, or widowed

Sentence: The job application form asked for personal details, including marital status.