Companies

CompanyBUSINESS ENGLISH I
UNIT 1 - COMPANIES

Complete the chart including information about the positive and negative impacts of developments on traditional companies. This information will bepart of the material for the first oral exam (Interview).

Developments | Positive Impacts | Negative Impacts |
Developments in technology | * Computers offer companies a way to organize densedata base, personal schedules and various other forms of essential information. * It makes work easier, and there is greater communication among companies because barriers of distance disappear. *New jobs are created, but at the same time they may not need many workers. * Some workers can work from their houses. | * The labor of man could become useless. * Growing environmentalpollution |
Growth in the power of consumer groups | * Sales and production in the company would increase. | * The consumer group can make greater demands from the company. * There are complaintsif the company is not able to supply the need of the customers. * The competition increases. |
Expansion of e-business | * More customers. * You can promote your products or servicesglobally. * Removes location restrictions. * Reduces time and money spent. | * Consumers may not receive what they expect. * Things such as virus would mean losing the site. * The security ofconsumer may be at risk and the consumer can sue the website. * Expanding the business involves more technology and more production, and even more capital. * Loss of control |
Increase inshareholder power | * Greater power of acquisition for the company because the shareholders inject capital (more sources of capital income), more ideas for the improvement of the company and excellentsupport in case of bankruptcy. * | * More views of the shareholders may result in more discussions on decision-making due to the different thoughts. * The company may have conflicts because...