You’ve probably heard stories of young investors lured by the promise of quick gains in the world of “crypto,” or cryptocurrency. And while it’s Bitcoin that gets the lion’s share of attention, there are over 10,000 digital currencies in use today. There’s the big names, like Ethereum, Binance, and Ripple. And then there’s currencies like Dogecoin and Loser Coin, which started as jokes. If you’re confused by the hype, you’re not alone. So just what is cryptocurrency? According to Investopedia:
A cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. A defining feature of cryptocurrencies is that they are generally not issued by any central authority, rendering them theoretically immune to government interference or manipulation.
If you listen in on conversations in the break room at work or at a popular restaurant, what will you hear? Chances are good you’ll hear people talking about problems and challenges. And it’s not just that people are naturally negative. It’s that talking about difficult experiences can help us feel better. And it can also help us find solutions.
Beyond feeling better and finding solutions, talking about past challenges can help us learn from them. And if you’ve shared a difficult experience with someone, then your relationship will develop and grow. For all these reasons, talking about challenges has inspired lots of English idioms.
In today’s dialog, we’ll continue with a conversation between two former business partners. Simon and Allie are meeting for coffee and their conversation has focused on their old graphic design business. They’ve been talking about several different challenges, including challenges with staff. In their conversation, they use many idioms for describing challenges, which we’ll talk about later in the debrief.
Listening Questions
1. What does Allie call the situation where you do some work you like and some to just help pay the bills?
2. How does Simon describe many of the projects they worked on?
3. How does Allie react when Simon says he feels he wasn’t helping her enough?
Welcome back to Business English Pod for today’s lesson on English idioms for describing challenges.
According to an old expression, what doesn’t kill us makes us stronger. The idea is that life’s challenges and difficulties are good for us. They help us grow. They force us to learn. And shared challenges have a way of strengthening the bonds between people.
In your work life, you can probably think of many challenges that have tested you. There’s a good chance that you’ve talked about these challenges, with your colleagues or at the dinner table with your family. You’ve also probably listened to other people describe their challenges. Yes, difficulties at work are a rich topic of conversation. And for that reason, there are many useful English idioms we can use to describe challenges.
In the dialog, we’ll hear a conversation between two friends and former business partners. Simon and Allie ran a graphic design business together some years ago. Now they’re chatting over coffee and recalling some of the challenges they experienced. In their conversation, they use many idioms to describe these challenges. Try to pick out these idioms as you listen, and we’ll talk about them later in the debrief.
Listening Questions
1. What did Allie think about the idea of keeping their office?
2. What does Simon now think about their idea to rent a big office?
3. How does Allie describe the situation in which they had a team of people they didn’t know how to manage?
Welcome back to the Business English Skills 360 podcast for today’s lesson on networking and following up with new contacts.
Good relationships are cultivated. They don’t just happen on their own. And if you make new business contacts – whether that’s at a conference, a networking event, or on the subway – don’t wait until you run into them by accident again. You need to follow up.
Welcome back to the Business English Skills 360 podcast for today’s lesson on socializing and meeting new people.
For some, meeting new people seems to come very naturally. But for most of us, it can be a bit awkward, or intimidating, to walk into a room full of strangers and try to strike up a conversation. Knowing that it’s important to network doesn’t make it easy. And with the return to some sort of normalcy in many countries, there’s even more pressure to beef up our social skills. So where to start?
In this Business English Skills 360 lesson, we’ll look at five ways to boost your confidence and make socializing in English more comfortable:
1. Change your mindset
2. Ask questions
3. Find common areas of interest
4. Make it easy to participate in the conversation
5. Be genuine
Welcome back to Business English Pod for today’s lesson on doing an online interview in English. Today, we’re going to look at how to talk about a gap in your resume or employment history.
It’s actually not that unusual to have a gap in your resume. Many people get laid off and then spend several months trying to find a new position. Other people have a gap because of family or health issues. And others require time to find a job after relocating.
While a gap in employment isn’t unusual, many job-seekers feel it looks bad and is hard to explain. But it doesn’t have to be. And it doesn’t have to become the only focus of an interview. So how can you ensure a gap doesn’t overshadow your upsides?
For one thing, it’s good to explain a job loss concisely. Secondly, it’s a good idea to show how you developed yourself while you were unemployed. If you can do these things, then you can move on to other aspects of the interview. That might include explaining why you like the company where you’re applying, and asking diplomatically about work flexibility. It may also mean asking for clarification when you don’t understand a question clearly.
In today’s dialog, we’ll continue listening to an online interview with Rachel, who’s applying for an operations manager position at a property management company. In this part of the interview, she has to explain a gap in her employment. Let’s hear how she answers questions and asks some good ones of her own.
Listening Questions
1. What is the basic reason Rachel lost her previous job?
2. How did Rachel develop her skills while unemployed?
3. What two things does Rachel like about the company where she’s applying?
Welcome back to Business English Pod for today’s lesson on doing an online job interview in English. Today, we’re going to look at some tips for online interviews, especially how to relate your experience to a new field of work.
Just a few years ago, you might have been surprised if a prospective employer requested an online interview. After all, we often think of interviews as a good chance to meet face to face. But these days, in many sectors, online interviews are completely normal. In fact, with the move toward remote work, many newly hired people have never met their colleagues or boss face to face.
This is part of a shake-up in the world of work brought on by the COVID-19 pandemic. Early in the pandemic, millions of people lost their jobs. Now, more and more of those people are getting hired for new positions, often in different industries. And to get those jobs, they likely had to talk about how they would transfer their experience to a different line of work.
One of the things you’ll have to deal with in an online interview is, of course, possible technical issues. It’s a good idea to be able to deal with such problems calmly and confidently. Another important skill in any interview is talking about how you added value in your previous position.
When it comes to transferring experience, you’ll need to consider how to discuss similarities between the industry you’re leaving and the one you’re hoping to find work in. And given the uncertainty of the pandemic, it’s a good idea to talk about how you’ve adapted to change and demonstrated learning.
In today’s dialog, we’ll listen to part of an online interview for the job of operations manager at a property management company. Rachel is applying for the job after working for many years in operations at a hotel chain. Let’s hear how she answers the interviewer’s questions, deals with technical issues, and talks about transferring her experience.
Listening Questions
1. What accomplishment does Rachel feel demonstrates her value at her last job?
2. What did Rachel focus on during the transition to remote work?
3. What kinds of learning did Rachel focus on in her last job?
In today’s 925 English lesson, we’re going to learn how to make arrangements in English.
Think of all the things that flow in and out of your company. It could be anything from office supplies to raw materials. How do these things get to where they need to be? Someone is making arrangements. And although lots of things are ordered online, there are still lots of arrangements made over the phone.
So how do we make arrangements? Well, it starts with a polite suggestion or request. In polite requests, we often use the words “would” and “could.” For example, you might say “I would like to arrange a delivery” or “we would like something shipped.” Of course, “I would” can be shortened to “I’d” and “we would” to “we’d.” To use “could,” you might say “could we schedule a delivery?”
In today’s 925 English lesson, we’re going to learn how to talk about prices in English.
Business is all about money. The whole purpose of a company is to earn more money than it spends so that it can produce a profit. So it’s not surprising that we spend a lot of time talking about how much things cost.
Whether you’re buying materials or reviewing a budget, you may find yourself frequently asking about prices or costs. In this 925 English lesson, we’ll learn how to ask about price and cost, say something costs too much and suggest a lower price.
Welcome back to Business English Pod for today’s lesson on English for supply chain management. Today we’re going to look at the retail side of the supply chain.
In today’s world, distance isn’t always a barrier to doing business. It doesn’t matter if your company is located in France, Thailand, or the U.S. You can sell to customers anywhere in the world.
Of course, that doesn’t mean it’s easy. Getting your products onto shelves in other continents, or even other parts of your country, is complex. It relies on a web of people, warehouses, and information. And it might involve multiple forms of transportation, including trucks, ships, cargo planes, and trains.
We call this web of activity the supply chain. And in today’s lesson, we’ll rejoin a meeting at an American clothing company, where managers are discussing the retail side of their supply chain. During their conversation, they use lots of language specific to supply chain management. This language includes what we call “collocations,” or natural combinations of words.
When English speakers learn collocations, they don’t learn them one word at a time. Rather, they learn the words together, as a single expression. You can sound more fluent and natural in English if you learn these collocations, especially the ones related to your industry. As you listen to today’s dialog, try to pick out some of these collocations and we’ll discuss them later in the debrief.
In the dialog, we’ll hear Cam and Tanya, who work for a clothing company called Boston Vintage. Tanya is a supply chain manager located in Malaysia. Cam is based in the U.S. and works as a production planner. They’re talking about expanding their retail operations in southeast Asia, and they use many collocations specific to supply chain management in their conversation.
Listening Questions
1. What does Tanya say is very ambitious?
2. What does Tanya say has fortunately not been impacted by being so busy?
3. According to Tanya, what will having a 4PL enable them to do?