IELTS preparation 25_9_21

Blog 1:

 Business and Money:

An increasing number of people are buying what they need online. What are the advantages and disadvantages for both individuals and companies to shopping online? 

      In some countries a few people earn extremely high salaries. Some people think that this is good for a country, while others believe that the government should control salaries and limit the amount people can earn.

Discuss both the sides and give your opinion.

Business:

Online Business or Ecommerce is the word which is been in limelight since some years now. Online business in simple terms is business operations which take place on the internet. Whenever a business setup a website to sell their goods, customers will be buying them though the use of internet. When it comes to Online Business there are different individualistic views. Some views are definitely more encouraging, but considering a social life it might be quite demoralizing. We will discuss both, pros and the cons for the same.

Pros:

1] Low financial investment: To setup an online shop, an individual or a startup team wouldn't need to worry about establishing a physical retail store. This could be quite a fuss, when considering traditional shops where there would also be hefty involvement of staffs, maintenance etc. Branding, logo design and various such aspects are done very cheaply and swiftly. 

2] 24/7 Potential income: An ecommerce store attracts customer at any point of time. It is a savior for people working at odd hours. Added advantage over traditional brick and mortar shop would be, no physical security needed.

3] Sell internationally: One can sell their products all over the globe with hardly any tussle. This also allows the product to be price competitively. It broadens the reach exponentially.

4] Customer Data and Customer Reach: An important part of every business process is to collect customer data. Online businesses allows you to gather customer data and behavior. That too under minimum effort. Using these information, the business could take necessary steps to enhance visitor experience. With an online business, it is possible to reach out customers across different parts of the world. Any visitor that comes from any particular location has a tendency to become your business customer. Even smallest business entities has a chance to reach international customers. Eventually, this can target maximum sales which cannot be easily achieved in offline business.

Cons:

1] Customers can't try before they buy: This is the crucial squabble for many individuals. While this is currently a problem for many retailers, this won’t be a long-term problem. With augmented reality, more stores are starting to add AR elements to their store to allow customers to try products on. 

2] Competition: It is not a piece of cake for everyone when it comes to online trading. There are now innumerable online trading facilities running all over the world for many products. It is to ace the competition to be in the game.

3] Shipping times can be lengthy: This aspect is considered as one of the worst ecommerce disadvantages till the date. When someone shops in person they can take their product right away after they pay their bill.

4] Technical glitches: Crashing of website or downtime of online shopping platforms can hamper a lot of business. It is irritating to a customer to see error message. Sometimes it is also observed that the payment gateway doesn't respond quickly and at times there are cases where customers don't want to take risks in their hard earned money. 


Money:

Since invention of money right from the Aztec or Sumerian empire, there has been a constant debate, about the huge gap which defines Rich and the Poor. According to Robert Kiyosaki, its just how one portrays their way of life. The Rich will find a way in any scenario to get richer, because they are financially literate. The Poor always suffer because of the choices they make in their life. It is not easy to understand the Government role in this. All government can do is levy heavy taxes based on the income. An individual can either keep on paying hefty taxes or just create a path where he or she can invest their income somewhere else. One should understand that Government is undoubtedly a little, in some places even heavily biased to the poor. Its the Rich that control the government. It is both advantageous and disadvantageous to have heavy taxes. But in either cases its the rich who win always. Its in the mindset which defines someone poor or rich. 

Comments

Post a Comment

Popular posts from this blog

Year off after finishing school

 It is becoming increasingly popular to have a year off between finishing school and going to university. What are the advantages and disadvantages of this? There is no doubt that the trend of taking a year break after the completion of school and before starting the college courses has become more popular. In this write up, I will highlight the benefits and drawbacks of this new development / approach. To start with the positives, a significant advantage is that students can explore the possibilities and get prepared for the future assignments. For instance, during this time children can learn new languages, or they can enroll in a course which can provide them the extra credits. As a result, the candidates will have an edge over their competition, and get admitted to the desired college. Moreover, teenagers nowadays are interested in travelling to other nations prior to commencing another phase of their life. This is because some of them might be interested in doing some voluntar...
Read more

Letter of arrangement.

 Letter of arrangement. You have organized to go on holiday with your friend. However, your must change your plans. Write a letter to your friend. In your letter: ->Tell them how much you are looking forward to the holiday ->Explain why you must change your plans ->Suggest alternative arrangements Hello Joe, Hope you are doing well! With your marriage upcoming in few months I believe you must be very busy these days. I am writing with regards to our upcoming visit to Goa, I know this bachelors party with we three musketeers has been planned since a long time. I am excited for this exotic travel more than anyone as I have never been there. I am disheartened to say that there is an emergency situation at Kiran's, as her brother broke his hand in a small accident in her home. She has asked me to convey this and plan accordingly. You don't have to worry about anything just there is a short change in our hotel venue and dates. Kiran has mentioned she would be good to go a w...
Read more

Measurement of success

Success is often measured by wealth and material belongings. Do you think wealth is the best measure of success?  What makes a successful person? It is a huge blunder to consider the rich as successful. If an individual governs some area doesn't mean that they are mighty. The posh are always branded as successful even if the majority of their possessions have been inherited. Successful are the ones who have taken a long leap in any area, in ethical way. To provide an insight, it could be a rookie in an engineering world, who later would file a patent in his or her area after gaining in-depth expertise in research after some years. Another individual could be a physically obese and unfit person, able to run a marathon after immense weight reduction, hardcore workout and some years of disciplined practice. I feel such individuals are deserving to be considered for their achievements. Although there is no certain measure for term success but the measurement must be the journey of the ...
Read more