Against Economic: need to protect young local companies so they can become established and compete...

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Against Economic: •need to protect young local companies so they can become established and compete on the world stage •developing countries get locked into serving the needs of the world market with a limited range of sectors •risk of economic bubbles Moral: •causes social dislocation and economic pain •causes a “race to the bottom” in terms of environmental and labour regulations Arguments for and against free trade For Economic: •societies become richer •living standards rise •poverty is reduced •countries can specialise to gain competitive advantage Moral: •less likely there will be wars when nations trade •culture is enriched

Transcript of Against Economic: need to protect young local companies so they can become established and compete...

Against

Economic:

•need to protect young local companies so they can become established and compete on the world stage

•developing countries get locked into serving the needs of the world market with a limited range of sectors

•risk of economic bubbles

Moral:

•causes social dislocation and economic pain

•causes a “race to the bottom” in terms of environmental and labour regulations

•local cultures are destroyed

Arguments for and against free tradeFor

Economic:

•societies become richer

•living standards rise

•poverty is reduced

•countries can specialise to gain competitive advantage

Moral:

•less likely there will be wars when nations trade

•culture is enriched

come

go

put

get

take

turn

run

bring

look

cut

around

away

back

down

in

into

off

on

out

over

through

up

Phrasal verb brainstorming 1

We’ve put back the meeting till two.

Meetings bring out the best in Jan.

come

around

away

back

down

in

into

off

on

out

over

through

up

Phrasal verb brainstorming 2

When do you think we’ll come through this downturn?

Hopefully, they will come around to our way of thinking.

Summary of Discussion

David argued that the process (1) __________ with a review of the new trading

laws. Jin disagreed, saying that this would (2) __________ the time

available, proposing instead to immediately (3) __________ with formulating the strategy. Sarah doubted whether the time was right to

(4) __________ overseas markets or (5) __________ geographically into

overseas markets. Jin’s focus was to (6) __________ a business plan, something he could not instantly do alone. David emphasized the

importance of (7) __________ the domestic market, but Jin reiterated the

need to (8) __________ the actual plan. Jin warned against the tendency to

(9) __________ proposals before they were fully discussed. Dave concluded

by saying that the company should (10) __________ bow to what is unavoidable and stop discussing costly ideas.

commence

erode

continue

enter diversify

produce

protecting

initiatedilute

surrender

David argued that the process should (1) __________ with a review of the new trading laws. Jin disagreed, saying that this would

(2) __________ the time available, proposing instead to immediately (3)

__________ with formulating the strategy. Sarah doubted whether the time

was right to (4) __________ overseas markets or

(5) __________ geographically into overseas markets. Jin’s focus was to (6)

__________ with a business plan, something he could not instantly do

alone. David emphasized the importance of (7) __________ the domestic

market, but Jin reiterated the needs to (8) __________ the actual plan. Jin

warned against the tendency to (9) __________ proposals before they were fully discussed. Dave concluded by saying that the company should

(10) __________ what is unavoidable and stop discussing costly ideas.

Summary of Discussion

kick off

eat into

crack on

break into

branch out

come upshoring up

start up

water down

bow to

1 Acronyms:

2 Attach a letter to words:

3 Combine old words and affixes to create new words:

4 Blends:

5 Raid words from other contexts:

6 Shorten words:

7 Change the part of speech:

8 Rhymes:

9 Combine two words in a novel combination:

10 Metaphors:

Ten ways to create new words 1

glass ceiling

BRIC

e-commerce

offshoring

globaphobic

guru

max

stopover

clicks and mortar

swarm businesses

1 Acronyms:

2 Attach a letter to words:

3 Combine old words and affixes to create new words:

4 Blends:

5 Raid words from other contexts:

6 Shorten words:

7 Change the part of speech:

8 Rhymes:

9 Combine two words in a novel combination:

10 Metaphors:

Ten ways to create new words 2

glass ceiling, cappucino / goldilocks / tiger economy, angel investor

BRIC, NAFTA, ASEAN

e-commerce, e-signature

offshoring, presenteeism, downsize

Globaphobic, Coca-colonization, ifonomics, blog, agflation

guru, marketing crusade

max, dotcom

stopover, dollarize, Google(d), bookmark(ed)

clicks and mortar, al desko, get rich click, brandalism

swarm businesses, angel investor, marketing crusade

Belbin team roles 1

Which people in a team would you expect to hear say these things during a planning meeting?

“Rather than review the project in the usual way, why don’t we consider hiring in a consultant?”

“When we’ve finished the meeting, I’ll draw up a detailed plan in Project and send it round to everyone for comment.”

“Look, what we’ve got to do this afternoon is reach a consensus on the best way forward.”

“It’s really important that we all pull together on this one and not seek to protect our own departmental interests on this project.”

“It’s no good making these plans if we don’t put some dates to these milestones.”

Belbin team roles 2

Plant

Implementer

Coordinator

Team Worker

Completer Finisher

1 Gerrard Stein, Head of Faculty, and guest would be delighted to attend the Festival Celebratory Lunch at the Grand Hotel, on Sunday 12 August at 12.45 pm.

2 Mr Fernando Cabrera regrets he is unable to accept the kind invitation of Dr and Mrs Albert Casey for Saturday 18th December.

3 Gerhard Pohl thanks the Dean and his wife very much for their kind invitation to the Senate dinner on December 9th at Graduation Hall, New Street, and has much pleasure in accepting.

Model one-sentence invitation replies

Acceptance

Thank you very much indeed for your kind invitation to attend Dr Milagros’s talk on The Price of Trade on Friday 21 October at 7 pm.

I would be delighted to attend and look forward to the evening very much.

Refusal

Thank you very much indeed for your kind invitation to attend Dr Milagros’s talk on The Price of Trade on Friday 21 October at 7 pm.

I’m afraid I won’t be able to attend as I will be away on business. I hope the evening goes very well.

Model formal replies

Sir Reginald Hall, Chairman of the Campaign for Pan-European Economic and Political Cooperation, cordially invites you and your partner to a gala dinner-dance in celebration of the first annual summit meeting.

Saturday, 16th August 2010

Walthorpe Manor

Dinner served at 8 p.m.

Business attire

RSVP: Mrs Josephine Scott [email protected]

Model formal invitations

World population

Population and GDP

Optimum unit price forecast chart by continent

Projected annual return demand worldwide