BUSINESS

Questions

1. Why do people start their own business?

2. What are the advantages of working in a business?

3. Do young people want to be business owners?

4. How can technology help businesses grow?

5. What challenges do businesses face today?

6. Is it important for businesses to be ethical?

7. How do small businesses benefit the economy?

8. Will business change in the future?

Q1: Why do people start their own business?
Band 7:
People start their own business to be independent and earn money. They want to use their ideas and skills. Running a business gives freedom, but it can also be hard and risky.

Band 8:
Many people start their own business to achieve independence, pursue their ideas, and create opportunities. Entrepreneurship allows individuals to control their work, innovate, and potentially earn more than in regular jobs. While it involves risks and responsibilities, it can be very rewarding and fulfilling.

Q2: What are the advantages of working in a business?
Band 7:
Working in a business gives people experience, skills, and money. They can learn about management, customers, and teamwork. It may also help them start their own business in the future.

Band 8:
Working in a business offers opportunities to develop professional skills, understand management, and interact with clients or colleagues. It provides practical experience, networking possibilities, and financial rewards. Such experience is valuable for career growth and can inspire entrepreneurial ventures.

Q3: Do young people want to be business owners?
Band 7:
Yes, many young people want to be business owners. They like independence and new challenges. Some start small businesses online or in their community.

Band 8:
Many young people aspire to entrepreneurship because it offers autonomy, creative freedom, and the potential for financial success. Start-ups, online businesses, and innovative ventures are popular among youth who seek challenges and opportunities to implement their ideas.

Q4: How can technology help businesses grow?
Band 7:
Technology helps businesses grow by making work faster and easier. Online shops, social media, and apps help sell products. Computers and software help manage money and customers.

Band 8:
Technology plays a key role in business growth by improving efficiency, marketing, and customer engagement. E-commerce, social media, data analysis, and automation streamline operations and expand reach. Technology also enables innovation, better decision-making, and competitiveness in the global market.

Q5: What challenges do businesses face today?
Band 7:
Businesses face competition, economic problems, and customer demands. Sometimes it is hard to find money or skilled workers. Globalization also brings challenges.

Band 8:
Businesses today encounter numerous challenges, including intense competition, economic fluctuations, and evolving consumer expectations. Securing funding, managing resources, and finding skilled employees can be difficult. Globalization and technological changes also require businesses to adapt constantly to stay successful.

Q6: Is it important for businesses to be ethical?
Band 7:
Yes, businesses should be ethical. They need to be honest with customers and employees. Ethical businesses earn trust and a good reputation, which helps them succeed.

Band 8:
Ethical conduct is essential for businesses to build trust, maintain a positive reputation, and ensure long-term success. Fair treatment of employees, honesty with customers, and responsible practices contribute to sustainability and social responsibility. Ethical businesses are more likely to retain clients and attract talent.

Q7: How do small businesses benefit the economy?
Band 7:
Small businesses create jobs and help the local economy. They also provide different products and services. Many communities depend on small businesses for growth.

Band 8:
Small businesses play a vital role in the economy by generating employment, fostering innovation, and contributing to local development. They diversify markets, offer unique products and services, and stimulate economic activity. Supporting small enterprises helps strengthen communities and promote sustainable growth.

Q8: Will business change in the future?
Band 7:
Yes, business will change with technology and global trends. Online shopping and digital marketing will grow. Businesses will need to adapt to new customer habits.

Band 8:
Business is likely to evolve significantly due to technological advancements, globalization, and changing consumer behavior. E-commerce, automation, and AI will transform operations, while sustainability and social responsibility will become more central. Businesses that adapt to innovation and market trends will thrive in the future.