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Industry Revo 4.0 Internet of Things Global Free 2 Trade Globalization Preface English has become the most widely used language in the world of trade and commerce. Then, having an excellent knowledge of English for business has become mandatory for success in any employee’s career. Lingua Franca in almost all of the developing nations all over the world, English is the preferred language in the business community as many business partners nowadays do not speak the same native language. It can cross international borders and transcend language compatibility barriers that have made English the most sought after language in today’s corporate world. Organisations around the world rely on English as a means of communication in everything from emails to corporate documentation to 3 even popular and well-read business resources both in print and over electronic media. Communicate Fluency in English, both written and spoken plays a critical role in many aspects of corporate life from securing employment to communicating with clientele and achieving cohesive business partnerships all over the world. Command English has now become a global language for business all over the world to such an extent that it is the standard official language in certain industries such as the shipping, Financial, trade, commerce, Oil, Mining, Energy, Travel Tourism, Manufacture and airline industries. Apart from having an impressive command of spoken English today’s competitive corporate culture demands an equally impressive command of written English as well. It is mainly because almost all forms of business communication such as emails, 4 presentations, sales and marketing and even corporate legal documentation are now carried out in English. You As Your Own Boss Those who have a constant, and continuous income everyone is more or less thinking about the future of their company. If you are conducting your own business then, there is much more burden on your shoulders than you are working for a separate business entity. Simple explanation – in addition to maintaining your company, you have to make it a success on your own. English language is vital for that success you have in your mind for your enterprise. A sound knowledge of English enables effective communication with your potential customers. When you advertise your business, greet your customer, 5 execute transactions, follow-up to ensure customer satisfaction, English comes handy. It is the key to customer relationship management, unlocking opportunities that bring profit. Dealing, Negotiate and Compete If your English for business is fluent, it gives you a competitive edge against other business adversaries in your industry. The majority of people would understand your message a lot better. Irrespective of his/her race, believe, social background or religion, you can also win the confidence of your customer more quickly. Moreover, you can keep the bargaining power of your client at check and drive the negotiations 6 your way.
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