Business/22

• English
• Special Education

Interruptions

FORMAL:

-Excuse me, Paul... I have a question. 

-Yes, Charles?

-Could you tell us how these changes will affect the advertising budget?

-Certainly, I'll go into that in just a minute.

INFORMAL:

-Sorry to interrupt, Jane... May I have a comment?

-If you could be with me for a minute, Ed. I'd appreciate it.

MORE FORMAL:

-May I interrupt you? Mr Burke is on the line.

-Thank you. Tell him I'll be right with him in two minutes.

BitCoin

1. How many BitCoins did Bert buy?
2. At first, the woman __________ Bert.
3. At what price did Bert sell his BitCoins?
4. At what price did the women buy her BitCoins?
5. After the woman bought BitCoins, the price _______.
6. Bert became _______ after the transaction.

After you graduate, you start work. You work hard and get promoted. Eventually, you pay off your student debts and you have some savings. Now what? Should you keep your money safely in the bank, invest in the stock market, buy property or even get into cryptocurrencies?

Growing your money I.

First of all, if you simply keep your money in the bank, you could actually be losing money, in real terms. Let's say that the bank's interest rate is 2%, but the inflation rate is 2.5%. This means that, in one year, your money will have grown by 2%, but prices will have increased by 2.5%. Your money will have grown, but it will be worth less! At the very least, you should look for a high interest account. To open one of these accounts, you will need to agree to keep your money in the account for a fixed period of time without withdrawing any of it. In return, the bank will offer you a better interest rate.

Growing your money II.

For most people, when they think of investing, they think of the stock market. It's simple; you buy a small portion - a share - of a company and if the company is successful, the price will go up. You will also receive a share of the profits every year as a dividend. The drawback is that the price can go down as well as up and you need to do a lot of research in order to choose a good company to invest in. Then, you need to keep a close eye on the stock market in order to decide when to sell your stocks or to buy more.

Growing your money III.

Property is a great investment. Not only does the price go up over time, but you can also rent it out for a monthly income. The downside is simple: it costs a lot of money to buy a property and you may need to save up even just to cover the down payment. Most people are too concerned about paying off their own mortgage to consider buying a property as an investment.

Growing your money IV.

A new kind of investment that you could try is cryptocurrency. The most famous of them is Bitcoin. At one time, you could buy a Bitcoin for a few cents and now one Bitcoin is worth thousands of dollars. Many people became millionaires because of this. However, people have lost a lot of money as well. The price can fluctuate wildly and any cryptocurrency is considered to be a highly risky investment.

As you can see, each kind of investment has its pros and cons. Which one is best is up to you.

Growing your money V.

Mock Meeting

You work for a medium-sized company. Your boss has asked for a working group to be formed to come up with some ideas to help the organisation to be more eco-friendly (as long as the ideas are cost-effective). Hold the initial meeting of this working group and come up with some solutions.

Mock Meeting

Choose the correct answer!

Buzz words

We've got to make sure everyone is _______ for ( = everyone agrees to) our final implementation

1. on the board
2. on board
3. on the boat
4. in the sofa

Paul, Javier, you guys are going to _______ on this. ( = You guys will be working together on this)

1. tag
2. tag each other
3. tag team
4. dog tag

To "get the ball ________" means to start something.

1. to roll
2. rolling
3. go
4. gone

A characteristic of a service or product that raises its perceived value is known as a "value-________".

1. add
2. addition
3. addict
4. addicted

Technology is a shifting _______. ( = Technology is something that always changes)

1. paradigm
2. parachute
3. parrot
4. pear

Let's ________ = Let's talk

1. diagram
2. diatribe
3. dialogue
4. diaper

We're going to have to ________ ( = tell the truth) and let him know we are five weeks behind schedule.

1. open the kimono
2. open the door
3. let ride the llama
4. let loose the iguana

This initiative will create the _______ needed to take our business to the next level.

1. synergy
2. symbiosis
3. sanity
4. sanctity

This kind of corporate office jargon is sometimes referred to as ________.

1. babble
2. officespeak
3. eloquent speech
4. newspeak

Goodbye!