Tag: Business & Business English

Limited Fiscal Sponsorship: A New Tool Of Social Enterprise

B2 – Upper Intermediate

The main goal of social enterprises is not only to maximize profits but to also catalyze social change. The profits they make are often allocated to funding social programs.

These social enterprises try various structures and challenge traditional approaches to being a for-profit and non-profit business.

Learn about a new tool in social enterprise called limited fiscal sponsorship.

https://www.forbes.com/sites/annefield/2015/09/30/limited-fiscal-sponsorship-a-new-tool-in-the-arsenal-of-social-enterprise/?sh=595ba71425a3

Discussion Questions:

  1. Explain limited fiscal sponsorship. What do you see are the advantages and disadvantages of this approach?
  2. Name other approaches that are used to fund and structure social enterprise ventures.
  3. What do you think about social entrepreneurship?
  4. Would you consider putting up your own company with the same business approach? Why or why not?
  5. Name successful social enterprises or entrepreneurs you know of. What are they well-known for?

Spain’s New Electricity Billing System

B2 – Upper Intermediate

A new billing system has been introduced in Spain in June 2021. It is supposed to allow consumers track when they save on their bills. However, there have been many issues seen on this new system.

Read the article to have a better understanding of this new electricity billing system in Spain.

https://english.elpais.com/economy_and_business/2021-06-01/consumer-associations-slam-spains-new-electricity-billing-system.html

Discussion Questions:

  1. Why was this new billing system implemented?
  2. What are the problems with this new system?
  3. As a consumer, what are your thoughts on this new billing system?
  4. Do you try and conserve electricity? Why or why not? If you do, what are the practices you observe?
  5. In general, what other issues do you have with your electricity service and/or provider?

Store Returns

B2 – Upper Intermediate

Store return policy is considered one of the most important factors in customer’s purchasing decision. Customers want the guarantee that they can return the product they bought with no hassles. Therefore, it is necessary for companies to set reasonable return policies. However, do customers really take the time to understand them?

Listen to this audio and read the transcript on store returns.

Store Returns

Discussion Questions:

  1. What is wrong with the sweater according to the customer?
  2. Why isn’t the customer allowed to return the product?
  3. Have you returned a product before? How did it go?
  4. What is the usual return policy in your country? Do you carefully read the terms and conditions in a return policy?
  5. Have you ever had any other problems returning products and getting a refund?

Pre-Loved Fashion from Niche to Mainstream

B2 – Upper Intermediate

Fashion-conscious consumers are turning towards pre-loved or secondhand clothes. As a result of this craze, big brands like Asos and Marks & Spencer are joining in. They believe that this trend could go into the mainstream.

Buying pre-loved clothes allows shoppers to keep up with trends without drying up their budgets. Aside from that, it is also good for the environment. Using and reusing clothes help reduce overall carbon emissions. Hence, it’s is hitting two birds with one stone.

Click the link and read the article to know more about how pre-loved fashion is turning from niche to mainstream.

https://www.theguardian.com/fashion/2021/may/01/pre-loved-fashion-moves-from-niche-to-mainstream-as-retailers-join-the-fray

Discussion Questions:

  1. What are pre-loved items? Have you ever owned any? Why or why not?
  2. What are your thoughts on this emerging trend in business and in the fashion industry?
  3. Do you agree or disagree that well-know retail brands should join in on this? Explain your point.
  4. What are the benefits and disadvantages of buying pre-loved items?
  5. How do you normally dispose of your old stuff?

Domino’s Will Deliver Pizzas Using Robot

B2 – Upper Intermediate

Pizza is the perfect comfort food — not too messy, hard to mess up, good whether it’s hot or cold, and no silverware necessary. It’s just a perfect guaranteed meal to have during such uncertain times. 

The largest pizza company in the world by sales — Domino’s — had the biggest slice of the U.S. market coming into the pandemic. Now pizza lovers in Houston are going to see a new kind of delivery driver — a robot.

Let’s find out more about this autonomous pizza delivery robot.

https://www.entrepreneur.com/article/369394

Discussion Questions:

  1. What do you think about his autonomous pizza delivery car/robot?
  2. What could be the advantages and disadvantages of this technology?
  3. Overall, what are your thoughts on allocating efforts and resources in the development of autonomous vehicles?
  4. Where else could such technology be useful?
  5. Have you ever called for pizza delivery? If yes, how often do you order pizza to your home?

Refurbished Smartphones

B2 – Upper Intermediate

Phones are much more expensive than before. The prices of flagship phones from big brands have jumped more than a hundred percent in just a few years. Some people are unwilling to spend thousands of dollars on a device that turns obsolete in just a few years.

These days, there is an increasing demand for refurbished phones. A refurbished phone is one that has been previously owned which has been sold or traded-in to a company that then resells it after bringing it up to its best possible condition.

Read the article below to learn more about refurbished phones and decide whether they are worth buying or not.

https://www.theguardian.com/money/2021/feb/09/refurbished-smartphones-are-widely-available-so-should-you-buy-one

Discussion Questions:

  1. How many phones have you had? On average, how long do you hold on to your phones?
  2. Do you think the prices of smartphones these days are reasonable? Why or why not?
  3. Have you owned a refurbished phone? Do you think it is worth buying?
  4. What are the environmental impacts of e-waste? What can we do to lessen them?
  5. Share any experience with a faulty mobile phone or gadget.

Panic-Buying Events and How Supply Chains Have Adapted

B2 – Upper Intermediate

Attributed to the recent COVID-19 pandemic, panic buying is now a frequent occurrence in many countries, leading to stock-outs and supply chain disruptions.

Let us learn more about how supply chains have adapted to this situation.

https://theconversation.com/panic-buying-events-are-the-new-normal-heres-how-supply-chains-have-adapted-154362

Discussion Questions:

  1. What do you think of the panic buying? Is there any need to panic buy?
  2. Do you agree or disagree that official warnings against panic buying might even do more harm than good?
  3. What are the most important things to buy at the moment?
  4. Are you worried about not having masks, sanitizer, food, etc.? What is the worst thing to run out of for you?
  5. Should stores limit the amount of things shoppers can buy?
  6. What advice do you have for people who are stockpiling things?

Movie Theaters Are Reopening

B2 – Upper Intermediate

After five months of lockdown due to the Covid-19 pandemic, a popular chain of movie theaters, AMC Theatres, reopened its doors in certain locations. The chain said it would take all measures to enforce social distancing between seats, will mandate wearing masks and upgrade the theater air filters. However, is it worth the risk?

Watch the video and be able to answer the questions that follow:

Discussion Questions:

  1. Were you a moviegoer before the Covid-19 pandemic? How often did you use to see a movie?
  2. How do you feel about the reopening of movie theaters amidst the pandemic?
  3. If the movie theater provides adequate safeguards against the coronavirus, would you likely visit the cinema to see a movie again soon? Why or why not?

Why Fake Meat Is the Future

B2 – Upper Intermediate

Plant-based meat are becoming a more popular choice for many consumers even for the non-vegetarians. Over the last few years, the number of meat alternatives available on the market has been increasing with the rise in vegetarian and vegan eaters. As a result, the sales of meat alternatives are growing as well.

Watch the video and be able to answer the discussion questions below.

Discussion Questions:

  1. Have you tried plant-based meat before? What do you think about these meat alternatives?
  2. What do you think are the reasons why some non-vegetarians or non- vegan consume plant-based meat?
  3. What do you think is the impact of consuming plant-based meat on our health and our world?
  4. Do you think fake meat will be the future food of the world? Why or why not?

Face To Replace Bank Card

B2 – Upper Intermediate

Face recognition is a technology capable of identifying or verifying a subject through an image, video, or any audiovisual element of his face. It simply requires any device that has digital photographic technology to generate and obtain the images and data necessary to create and record the biometric facial pattern of the person that needs to be identified.

Unlike other identification solutions such as passwords, verification by email, selfies or images, or fingerprint identification, Biometric facial recognition uses unique mathematical and dynamic patterns that make this system one of the safest and most effective. But are there data security and privacy issues that we should be worried about?

Let’s read the article to know more about facial recognition payment.

https://www.bbc.com/news/business-55748964

Discussion Questions:

  1. What is your opinion about this new technology?
  2. Would you use facial recognition when making payments?
  3. What is your preferred way of paying for things?
  4. How important are notes and coins?
  5. What are the benefits of cashless payments? How about its dangers?
  6. How will facial recognition affect our data security and privacy?