In this Business English News lesson, we follow up on Facebook’s recent IPO.
After a long wait, and even more hype, Facebook joined NASDAQ on May 18th; although it wasn’t all smooth sailing for Zuckerberg and friends. After opening 30 minutes late, and climbing briefly from the opening price of $38 a share; reality set in.
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Welcome back to Business English Pod for this lesson on English idioms. Today we’re going to be talking about English idioms related to color.
What do I mean by ‘colorful idioms’? I mean expressions that either use the word ‘color’, or mention a specific color. English is full of these expressions. We have color idioms that describe people, moods, situations, activities, and frequency. We even have some that relate specifically to money and finances.
That’s right. Color is important in all parts of life, including business. Just ask your tailor. He might advise you to wear a dark blue suit to show authority, a grey suit to convey security, or a brown suit to show openness. So, just as you should pay attention to color in your clothes, you should be mindful of color in your speech.
In today’s lesson, we’ll continue with a conversation between Mike and Rachel. They’re talking about the possibility of Rachel changing positions, and her interview experience. In their conversation, you will notice that both Mike and Rachel use several business English idioms related to color. Make a note of these idioms, and we’ll go through the conversation again and look at what they mean.
Listening Questions
1. Why was Rachel embarrassed at her interview?
2. What did Rachel accomplish that Mike is impressed by?
3. What does Mike think Rachel should decide about the job offer?
Download: Podcast MP3
In this Business English Pod lesson we’re going to look at business English idioms related to colors.
Every culture attaches special meaning to different colors. But different cultures attach different meanings. Take the word “red” for example. In English, when we say “in the red,” we mean in debt or operating at a loss. But to Chinese, “red” indicates good luck or gains in the financial markets. So, in English it’s negative, but in Chinese it’s positive. It could be pretty easy to make a mistake, either in speaking or in understanding.
In English, we can find idioms related to almost any color. But two colors are more common than others: black and white. In most cases, black comes with a negative meaning and white comes with a positive meaning. In most cases, that is. In this series we will see one idiom using the word “black” that has a positive meaning.
In today’s lesson, we’ll hear a conversation between Mike and Rachel, two colleagues at a large company. We will hear them casually discussing some of their recent experiences at work. And in their conversation, you will notice many idioms related to color. Try to keep a mental note of the idioms you hear, and we’ll go through them in the debrief to explain what they mean and how you can use them.
Listening Questions
1. What kind of mood was Mike in earlier in the day?
2. What did Dan do at a party?
3. What does Mike say is one positive outcome of the situation?
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This is the second part of our Business English Pod series on negotiating a contract.
So, you’ve found a company you want to work with and have agreed on the major points of the deal. Now it’s time to negotiate the ‘fine print’ or the details of the contract. Even if you’ve come to terms on price and payment, there may be a lot of costs or savings unaccounted for. A good warranty, for example, could save you a lot of money. The details may not break a deal, but you do need to negotiate them successfully so that the contract protects you and guarantees you certain benefits.
To do this, you’ll need to be comfortable with the language of contracts and the techniques used to talk about them. And that’s what we’ll be looking at today. We’ll learn how to ensure warranty terms, ask about response times, and talk about the bottom line in order to win concessions. We’ll also cover talking about renewal and agreeing to overall terms.
We are going to rejoin Sam and Larry, who are discussing a contract to lease a fleet of cars and vans. Larry, who represents the vehicle company, has drawn up a contract. He and Sam are discussing the details over the phone. You’ll hear Sam try to get the best deal possible for his company.
Listening Questions
1. Why does Sam want to ensure the terms of the warranty?
2. What does Larry offer to Sam free of charge?
3. How does Larry respond to Sam’s request for a renewal clause?
Download: Podcast MP3
In this Business English Pod lesson, we’re going to look at language for negotiating a contract.
As we’ll be discussing contracts, you might want to check out our Video Vocab lessons on contract law to refresh your memory.
A lot of business is done with a verbal agreement and a handshake. But it doesn’t take a lawyer to know that you’re usually better off having everything written down in a contract. Contracts protect both sides of the arrangement and spell out exactly who must do what and at what time and where.
If you’re familiar with contracts, you know that there are certain parts and clauses that are almost always included. But exactly how those are written can vary greatly from contract to contract. “The devil is in the details,” as the saying goes, which is a traditional way of saying that details are very important.
And when it comes to contract negotiations, you will have to focus on a lot of details. You might agree generally on what type of arrangement you want, but working out the finer points is crucial if you want a contract that works for you. Negotiating these fine points requires several key skills. Today we’ll cover highlighting concerns in a contract, seeking concessions, and citing previous arrangements to strengthen your position. We’ll also look at agreeing with hesitation to a concession as well as emphasizing the positive.
We will hear Sam negotiating a vehicle leasing contract with Larry, a leasing company rep. Sam wants to lease several cars and vans for his company. He and Larry have agreed on the major points and are now discussing the draft contract over the phone.
Listening Questions
1. Why does Sam mention that their account reps try to stay in close touch with customers?
2. What does Sam say about their last leasing situation?
3. What does Larry offer to do for Sam?
Download: Podcast MP3
