Part 3 Discussion topics: Local business © Whattypes of local business are there in your neighbourhood? Arethere any restaurants, shops, or dentists for example? © Doyou think local businesses are important for a neighbourhood? In what way? © How dolarge shopping malls and commercial centres affect small local businesses? Why doyou think that is? People and business © Why dosome people want to start their own business? ® Arethere any disadvantages to runninga business? Which is the most serious? * Whatare the most important qualities that a good business person needs? Why is that?Three Basic Questions Addressed by the Study of Finance: 1. What long-term investments should the firm undertake? 2. How should the firm raise money to fund these investments? 3. How can the firm best manage its cash flows as they arise in its day-to-day operations?PART TWO In this part ofthe test, you are asked to give a short talk on a business topic. You have to choose one of the topics from the three below and then talk for about one minute. You have one minute to prepare your ideas. 1: What is important when . Attending a business conference ‘© Listening to presentations ‘* Giving your personal opinions 'B: Whatis important when .. (Choosing @ hotel fora client of your company ‘© Location ofthe hotel (© Hotel facilites ‘What is important when .. ‘Working witha new boss ‘+ Making a good impression ‘+ Being friendly to your new boss