Warming Up: Introduction
💬 Ungkapan Kunci (Key Expressions):
- “Let me introduce myself…”
- “I’m currently studying Economics at…”
- “I’m interested in marketing and digital business.”
- “In the future, I would like to work in finance.”
Why English is Important for Business?
English is the most widely used language in international business. Many companies around the world use English to communicate with partners, clients, and employees from different countries. It helps people to share ideas, make deals, and build strong business relationships.
English is also the main language for business emails, meetings, presentations, and reports. If you can speak and write English well, you have more job opportunities and a better chance to work in global companies.
In short, English helps you connect with the world of business.
🌍 Why English is Important for Business?
(With Vocabulary Support)
Text:
English is the most important language in international business. Many companies use English to talk with clients (people who buy products), partners (people or companies you work with), and employees (people who work in a company).
People use English to:
- Send emails
- Join meetings
- Give presentations
- Write reports
If you speak and write English well, you can get more job opportunities and work in big, international companies. English helps you connect with the world.
What is Business?
Business is a word that is commonly used in many different languages. But exactly what does it mean? The concepts and activities of business have increased in modern items. Traditionally, business simply meant exchange or trade for things people wanted or needed. Today it has a more technical definition. One definition of business is the production, distribution, and sale of goods and services for a profit. To examine this definition, we will look at its various parts.
First, production is the creation of services or the changing of materials into products. One example is the conversion of iron ore into material car parts. Next, these products need to be moved from the factory to the marketplace. This is known as distribution. A car might be moved from a factory in Detroit to a car dealership in Miami.
Third, is the sale of goods and services. Sale is the exchange of a product or service of money. A car is sold to someone in exchange for money. Goods are products that people either need or want; for example, cars can be classified as goods. Services, on the other hand, are activities that a person or organization. For instance, an auto mechanic performs a service when he repairs a car. A doctor also performs a service by taking care of people when they are sick.
Business, then, is a combination of all these activities: production, distribution, and sale. However, there is one other important factor. This factor is the creation of profit or economic surplus. A major goal in the functioning of an American business company is making a profit. Profit is the money that remains after all the expenses are paid. Creating an economic surplus or profit is, therefore, a primary goal of business activity.