Business English Pod / Articles by: BEP / Page 126

BVP 04 Vocabulary – Discussing a Project in English

Advanced, Business English, Business English Vocabulary, Project Management /

When you think of projects, what comes to mind? You might think of something quite complicated and extensive, like the new office project we’ll be hearing about today. But in fact, most of the tasks we do in business are part of a project. Even something as simple as writing a proposal is a project in itself: First you collect data, then you analyze and evaluate the data before writing a draft. Finally, you edit the draft proposal and present a final version to the decision-makers. So knowing how to refer to different elements of a project and describe them with interesting collocations is important for practically everyone involved in business today.

Following on from our two video podcasts on basic vocabulary for project management (VV 07 & VV 08), today we’re going to listen in to a briefing by Kerri, the manager of a direct marketing company, and Martina, a member of her staff. We’ll be focusing on collocations useful for describing a project and its execution.

Listening Questions:

1) What does Kerri want Martina to do for the company?
2) How much time will Martina have to complete this project?
3) What does Kerri promise to do to make Martina’s work easier?

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VV 08 – Project Management Vocabulary (Part 2)

Business English, Business English Vocabulary, English Video, Project Management /
YouTube video

Video Vocab is a series of short videos explaining the meaning of important business terms related to many of the topics that are part of every day business conversations.

We continue our look at the vocabulary related to project management by looking at the words used to describe a project timeline. First we’ll hear a short article introducing the topic and then we’ll go though each word in detail with some example sentences to show how you can use the words. At the end of the video you’ll have a chance to review practice your new vocabulary.

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VV 07 – Project Management Vocabulary (Part 1)

Business English, Business English Vocabulary, English Video, Project Management /
YouTube video

Video Vocab is a series of English videos explaining the meaning of important business terms related to many of the topics that are part of every day business conversations.

Today we’re looking at business words related to projects and project management. First we’ll hear a short article introducing the topic and then we’ll go though each word in detail with some example sentences to show how you can use the words. At the end of the video you’ll have a chance to review practice your new vocabulary.

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BEP 118 – Negotiations: Declining an Offer

Advanced, Business English, ESL Podcast, Negotiating /

Negotiations don’t always go according to plan. Disagreement is part of life. But to build lasting relationships, coping with failure is even more important than celebrating success. So in this show, we’ll examine a deal that does not get completed. We’ll look at making a final offer as well as expressing dissatisfaction and regret. In particular, we’ll focus on maintaining goodwill even when talks break down.

Peter is the owner of mobile phone ringtone and game provider, Textacular. He is in discussions with Maxine about buying her company, Gamester. Eventually, Peter wants to sell his business to a larger, regional service provider for a profit, so he is attempting to roll up or buy other small companies to increase the value of his business. But Maxine wants €15 million for her business, and Peter isn’t prepared to pay that much.

As you listen, pay attention to how Peter makes a final offer, how Maxine declines it, and how they both work to maintain goodwill.

Listening Questions

1) What are Maxine’s reasons for staying firm on price?
2) What does Peter say to justify not being able to pay more?
3) How does Maxine leave open the possibility for future cooperation?

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BEP 117 – Negotiations: Clarifying and Evaluating Positions

Advanced, Business English, ESL Podcast, Negotiating /

In this Business English Pod lesson we’re going to look at how to clarify and evaluate positions during a negotiation.

An important part of any discussion is making our position clear; at the same time, we must make sure we understand the other side’s point of view. Achieving mutual understanding can help us save money by avoiding missed opportunities. In addition, the ultimate goal of any negotiation is to create value. Therefore, evaluation – determining whether an offer or position is good or bad – plays an important role. So in this show we’ll study stating, clarifying, and evaluating positions.

Peter is the owner of mobile phone ringtone and game provider, Textacular. He is attempting to roll up, or buy, other small companies like his in an effort to increase the value of his company. Eventually, he wants to sell his business to a larger, regional service provider for a profit. In the listening, he is meeting with Maxine, owner of Gamester, to discuss a possible merger. As you listen, pay attention to how they clarify and evaluate each other’s positions.

Listening Questions

1) What is the basic source of disagreement between Maxine and Peter?
2) What are Maxine’s reasons for insisting on her price?
3) What does Peter mean when he says he has done “months of due diligence?”

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