Nowadays people tend to have their own business because of the modern world. Why do they need this? What are the risks?

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These days the world has developed and progressed tremendously because of technology and globalisation, which has made people inclined towards starting their own

business

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. In

this

Linking Words

essay, I will discuss the reasons for the necessity of

this

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trend and

ennumerate

Correct your spelling

enumerate

a couple of risks that people face when they embark on a

business

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venture.

Firstly

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, in terms of individuals who feel the need to start a

business

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. In

this

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era of

globalisation

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,globalisation

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the number of people who are able to do a job has increased enormously because of international trade relations and developments in Information technology.

For example

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, in the early 2000s, the call-centre industry in India saw a sudden boom because of cheaper labour than the US and

as a

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result

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,result

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the American businesses hired Indians to do their digital processes.

Consequently

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, the number of jobs in

USA

Correct article usage

the USA

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declined and citizens there had to choose

business

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opportunities to make a living.

Additionally

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, because labour was cheaper due to globalisation, jobs weren't as lucrative as expected.

This

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was another reason for individuals to seek out

business

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ideas and earn much more than they would have as an employee.

Secondly

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, in terms of the risks involved in running a company, there are quite a few. One of them is the possibility of not making enough profit to cover the investment made

to begin

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the

enterpriise

Correct your spelling

enterprise

. Another risk is the possibility of competitors who are able to provide the same service at a lesser cost, which might put the

first

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company out of

business

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For instance

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, the products being sold on Amazon.

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apply

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are cheaper than the ones on another e-commerce website called myntra.com because of their free delivery policy.

Although

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myntra.com was one of the

first

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e-commerce sites in India, it was overshadowed by Amazon.

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apply

show examples

Correct your spelling

show examples

because of

this

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policy. To conclude, the discussion above can be summarised in that world markets and shrinking job opportunities have made getting into

business

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a necessity despite the risks involved.

However

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with

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apply

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a little innovation and striving for excellence will make

this

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trend a positive one for those who choose

this

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path.

Submitted by Leena Kapoor on Fri Oct 22 2021

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Your opinion

Don’t put your opinion unless you are asked to give it.

If the question asks what you think, you MUST give your opinion to get a good score.

Don’t leave your opinion until the conclusion.

Here are examples of instructions that require you to give your opinion:

...do you agree or disagree?...do you think...?...your opinion...?

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12
Linking words
meeting the goal of 7 or more
1
Word repetition
meeting the goal of 3 or fewer
9
Grammar mistakes
detected issues

0123456789.0505

Overall Band Score

Coherence and Cohesion: 7.0

Logical structure

Introduction & conclusion present

Supported main points

Accurate linking words

Variety in linking words

Lexical resource: 4.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 4.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 5.0

Complete response

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

4 paragraphs

346 words

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Nowadays people tend to have their own business because of the modern world. Why do they need this? What are the risks?

Your opinion

Social media, such as Facebook, Twitter, are replacing face-to-face contact in this century. Do you think the advantages of this way outweigh the disadvantages?

Some people think that getting the degree from university is the best way to guarantee a good job, others believe that it would be better to go straight into the work and get experience instead. Discuss both sides and give your opinion.

Nowadays more and more older people who need employment have to compete with younger people for the same jobs. What problems does this cause?What are the solutions?

Some young people are leaving the countrside to live in cities and towns, leaving only old people in the countryside. What problems are caused by this issue? What can be done to solve this situation?

Successful sports professionals can earn much more than those in other important professions, like nurses, doctors, and teachers. Some people think it is fully justified, while others believe it is unfair. To what extent do you agree or disagree?