BUSINESS CONVERSATION

OUTLINE

Recap practice

• Entrepreneur
• Stakeholders
• Shared Value
• Risk Management

Eloquence practice #1
 RECAP PRACTICE

For future recommendation use the Oxford dictionary available at:

Oxford Learner's Dictionaries | Find definitions, translations, and grammar

explanations at Oxford Learner's Dictionaries (oxfordlearnersdictionaries.com)
 ENTREPRENEUR

Entrepreneur (noun):
A person who makes money by starting or running businesses, especially when this
involves taking financial risks
e.g.
A creative entrepreneur, he was continually dreaming up new projects.
 STAKEHOLDERS

Stakeholders (noun):
A person or company that is involved in a particular organization, project, system, etc.,
especially because they have invested money in it
e.g.

All our employees are stakeholders in the company.

The government has said it wants to create a stakeholder economy in which all
members of society feel that they have an interest in its success.
 SHARED VALUE

Harvard Business Review:

Creating shared value is a framework for creating economic value while simultaneously addressing
societal needs and challenges.
When business act as business –not as charitable donors- they can improve profitability while also
improving environmental performance, public health and nutrition, affordable housing and financial
security, and other key measures of societal wellbeing.

CSV Explained - Institute For Strategy And Competitiveness - Harvard Business School (hbs.edu)
 RISK MANAGEMENT

Risk management (noun):

The process if identifying financial risks and planning ways of reducing those risks.

Note: insurance is a fundamental component of risk management.

 ELOQUENCE PRACTICE

Try to speak for one minute continuously (without pauses).

Use the four words from the review.
You are free to use any other vocabulary.

The aim of this exercise is to promote fluency, do not worry it takes time to improve
eloquence.