IELTS Speaking Practice

Business IELTS Speaking Part 2 IELTS Speaking Exam Cue Card: Describe a Family Business Describe a family business you know. You should say: What the business is Who owns it and runs it How you know about this business And explain why you think this business is successful. High-Scoring Sample Answer (Band 8+) Okay, I'd like to talk about a beloved family-run phở restaurant in my neighbourhood that my family and I have been frequenting for years. It's a quintessential example of a successful Vietnamese family small business. What the business is? It's a traditional phở restaurant, specialising in the iconic Vietnamese noodle soup. But they are particularly famous for their phở bò , the beef version, which has a secret recipe for the broth that has been passed down through generations. As for who owns it and runs it, the business was originally established by the elderly couple, Mr. and Mrs. Hùng, about thirty years ago. Now, while t...

There has been a trend in recent years for small niche businesses providing specialist products and services to consumers, and it’s a trend that is still growing. What's your opinion? Do you think that all small businesses will be replaced by bigger companies? No, I don’t believe that will happen, quite the reverse. Some big companies might remain so or become even bigger. They may merge with other big companies to consolidate their market share and grow their profits, especially in many mass-produced products which are not very personal or interesting such as laundry detergent and household cleaning products. But there has been a trend in recent years for small niche businesses providing specialist products and services to consumers, and it’s a trend that is still growing. There is a lot of emphasis on personalizing the purchasing experience and customizing products for customers. I believe that there will be even more small enterprises serving very spe...

Well, it’s something which has been happening and will continue to happen. As more information and culture are shared globally, larger global business markets will develop. Globalization and its effect on businesses? Large multinational companies have been operating globally for many decades but now even smaller enterprises can sell their products and services across the world with few problems. The net result is that business has become more competitive for everyone and especially in terms of e-commerce and such like; small companies can compete with large companies in any market irrespective of where they are based. Globalization and technology has made it far easier to do business in any part of the world, and while there may still be some challenges – they are far fewer than in the past. Things will likely be even more open and competitive in the future. How has globalization affected family businesses? Increased competition : With the rise of glo...