Unit3BusinessandEconomyII.ListeningIV.ReadingV.WatchingIII.DiscussionI.TopicPreviewTopicPreview

1.Whatscenesdothefivepicturesindicate?BusinesscooperationOfficeworkBusinessmeetingBusinessconsultationMeetingofAPEC,anorganizationofworldeconomy2.Whatistherelationshipbetweenbusinessandmanagement?Business:theworkofbuyingorsellingproductsorservicesformoney;acombinationofallthefollowingactivities:production,distributionandsalethroughwhichprofitiscreated.management:thetasksoractivitiesinvolvedinmanaginganorganization:planning,organizing,leading,andcontrolling.peopleinmanydifferentjobsareexpectedtodosomemanagementtasks,evenifthatisn’ttheirmainfocus.Thus,managementisonepartofbusinessanditisaveryimportantpartsinceitpenetrateseveryactivityofbusinessanditdecideswhetherbusinesswillbesuccessfulornot.3.Whatqualitiesdoyouthinkmakeasuccessfulbusinesspersonormanager?

ConfidenceWisdomDiligenceAgoodlistenerSenseofhumorTryingtomakeworkfunCourageofadmittingmistakesWillingnesstotelltheemployeeswhentheydoagoodjobEncouragingemployeestoshareideas4.Whataspectswillbusinessactivitiesconcern?ProducingResearchingandDevelopingPricingMarketingAdvertisingNegotiatingSellingTransportingWarehousing5.Howmuchdoyouknowabouttheorganizationsofworldeconomy?Canyoucitesomeexamples?WTO(WorldTradeOrganization)OPEC(OrganizationofPetroleumExportingCountries)WEF(WorldEconomicForum)ICC(InternationalChamberofCommerce)OECD(OrganizationforEconomicCo-operationandDevelopment)ASEAN(AssociationofSoutheastAsianNations)1.WhyisthebusinessofartsandcraftsboomingintheUSA?InthewakeofSept.11,moreAmericansbeginnesting,spendingmoretimewithfamily.Thisphenomenonhasledmanyofthosenesterstotheworldofartsandcrafts,abusinessthatisbooming.Listening2.WhydoesGretchenLustiglikecrafting?Shelikesitssocialaspectofcrafting.“It’ssomethingthatyoucanusuallydowhenyouarewithotherpeople.〞3.Accordingtothenews,howmuchdidthehobbyindustrysalesriseoverthelast12months?Thehobbyindustrysalesrosemorethan16%overthelast12monthsto27billiondollars.4.WhyisWallStreetwillingtotaketheindustryofcrafts?WallStreet’swillingtotakeanindustrywhenevertheyseegoodsalesandearningsgrowth.Theninthecaseofthecraft’sretailers,forreallythelastyearormore,they’vehadbettersalesgrowthandbetterearningsgrowththanmostothertypesofretailers.5.Howmanydollarsdoesahobbyistspendonaverageduringavisittoahobbystore?Thehobbyistonaveragespendsjust18dollarsduringavisittoastore.6.WhatisBarbaraCalabrese’smottoontheeducationofkids?“Theyshouldbetaught,insteadofbought.〞Discussion1.Whateconomicfactorsdoyouthinkwillaffectbusinessactivities?FinanceCurrencyFavorablebalanceandtradedeficit2.Whateffectsdoyouthinkglobalizationwillhaveoninternationalbusinesstransaction?Positiveone:Makeitpossibleandeasier.Negativeone:Intensifyinternationalcompetition.3.Doesinformationtechnologymakeiteasiertodobusinesstoday?Whyorwhynot?Itdepends.Yes.Itmakesiteasiertocontactandcommunicate.Anditbecomesmoreefficient.No.Thedevelopmentofinformationtechnologymakese-businesspossible,whichimpactsonnormalbusiness.4.Whatroledoescultureplayinbusinessandeconomy?Culturalsimilaritiesanddifferencesmayplayapositiveoranegativeroleonbusinessandeconomiccooperation.Thevariousculturesaffecthowtheywork,howtheymanage,andhowtheyexpectotherpeopletoworkandmanage.5.Whatroledoesmanagementplayinbusinessandeconomy?Understandinghowtobeagoodinvestormakesyouabetterbusinessmanagerandviceversa.Goodmanagementmakessuccessfulbusinessandeconomy.Reading1.Howdomerchantcashfirmsrecouptheirmoneylent?Theycollectapieceofamerchant'stotalcredit-cardsaleseachmonth--viathecredit-cardprocessingservice--untiltheyrecoupthetotalamountplusapremium.2.Whyisthistypeoffinancing,merchantcashadvancing,controversial?Merchantcashadvancesaredefinedasthe“purchaseandsaleoffuturecredit-cardreceivables〞ratherthananactualloan.Thatexemptstheadvancesfromtheusurylaws.Thus,sometimestheactualinterestrateisquitehigh.However,forsomeentrepreneurs,suchadvancescanbemoreflexiblethanaloan.Ifsalesdrop,repaymentsonamerchantcashadvanceusuallyfall,too.Butthat'snotalwaysthecase.Someplayersmayincludeaso-calledballoondateinadeal,whichgivesthemtherighttocollectthefullsumafteraspecificperiodevenifsaleshaveslipped.Otherswillraisethepercentagetheycollectwithoutinformingmerchants.Therefore,wesaythistypeoffinancingiscontroversial.3.Whatistheadvantageordisadvantageofmerchantcashadvancing?Advantage:moreflexiblethanaloanDisadvantage:sometimeshighrate;thefullsumwillbecollectedevenifthemerchantfiledforbankruptcy.4.Whatdoyouthinkfinancingmeanstobusiness?Financingisveryimportanttobusiness.Itisthelifebloodofbusiness.Itisthebasistomakebusinessworkandsucceed.Watching1.ForwhatisDwightcompetingwiththewebsite?DoesDwightwinorlosethecompetition?Dwightiscompetingwiththewebsiteformoresales.Hefinallylosesthecompetition.2.Whatdoyouknowaboutwaysofsalesinmodernbusiness?What’syouropinionononlinesales?TelephonesalesMailadvertisingPerson-to-personsalesDiscountingPromotionDifferentkindsofcards(discountingcard;VIPcard;yearlycard;membercardandsoon)Somepersonswillthinkonlinesaleisveryinteresting.Itischeaperandeasier.Sometimesyouwillhavemorealternatives.However,othersthinkitisnottrustworthyandtheformofpayingisnotverysafe.3.Whatisalaunchparty?Alaunchpartyisapartytocelebrateanewproduc