Unit 2 Future Uncertainty
Theory: STEEP Analysis
Reading & Listening Skills p. 18 - 19 introduction/reading/listening 1
For notes on how to structure a debate see:
http://seansenglishclassroom.pbworks.com/w/page/31563189/Formal%20Debate%20Structure
http://seansenglishclassroom.pbworks.com/w/page/31563189/Formal%20Debate%20Structure
Corrections:suffixes
Foreigner company - foreign company
To determinate - to determine
To product - to produce
To choice - to choose
Vocabulary
Food and drink regulations/standards - D.O.C. and D.O.P. are quality assurance labels and equivalent to the E.U. Laws on Protected Designation of Origin (PDO), Protected Geographical Indication (PGI) and Traditional Specialties Guaranteed (TSG).
Counterfeit goods, fake goods, knock offs (colloquial)
Pronunciation
Purchase
Homework
Do a brief STEEP analysis of your industry and company. Write a couple of sentences on each of the factors (Socio-cultural, Technological etc) and post them in the comments section below. This will be a good way to practice your English by keeping the discussion going over the next few weeks.
Classes will resume again on Wednesday 10th September.
Have a good summer.
4 comments:
Good Day Sean! Good Day everybody....
I want to share with you some thinking about the STREEP analysis of our company/industry. I will probably write a few lines of each aspect one at a time.
SocioCultural: Our Company is really people oriented. Family value are kept in high consideration, even if the business itself does not appear to be the same. Italian culture in shipping is high even if sailor are mostly from India and Philippine, probably due to higher costs of italian crew...
What about your opinion?
:-)
Thanks Mirta for starting off the conversation. Ilaria and Valerio, as you have been working on the company's statement of purpose, do you think Mirta's comments ring true?
Check your plurals (family values, sailors, Phillipines) and suffixes (orientated).
Hello Everyone!
I would like to share economic aspect.
Economic conditions affecting the shipping industry may affect our business.
The Shipping is sensitive to a number of economic conditions that may affect our businesses such as:
• A global recession
A period of global economic slowdown could affect global cargo ship movements
• Falling freight rates
Some operators are forced to go out of business
• Bunker fuel (or crude oil) price increase
Fuel costs is often account for more than half of a vessel's operating expenses
• Crew labor costs increase
Crew costs increase or difficulties in finding the professional crew
• Tax
Tax rise has the same effect as a costs increase
• Increases in raw material costs
Steel, iron, copper and aluminum could affect business
• Changes in bank interest rates
An increase in interest rates raises the costs to business of borrowing money (bank loan for vessel purchase)
• Insurance cost
Shipowner is not be able to trade his ship without insurance, the banks require insurance to grant a loan.
• Economic regulations (that level playing field or restrict entry, exit, pricing and commercial practices)
I’m looking forward to receive your comments.
Bye!
Andrea
PS: Of course I’m agree with Mirta :-)
Thank you for your contribution Andrea. Come on everybody else - join the discussion!
Andrea, be careful not to over use "the"
it's not needed when speaking generally. - e.g. Shipping is sensitive.
and remember that agree is a verb - I agree with Mirta not - I'm agree
S.B.
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