There are so many benefits of globalization around the world. For example, it not only increases the profit for small-scale and large-scale businesses, it also gives them a branded name to their business. Small-scale business improves the quality of their business. For example, there is a small-scale business in my town. It is a small shop, small kind of factory that produces chickpea, peanut bars, kind of chocolates. It was started so many years ago in a small home and now that small-scale business is all around the world. It is called Kovalpati Peanut Bar. Kovalpati is the name of the town where it comes from. So, this globalization has not only improved their business, it has also given them recognition. This business also got an award from our Indian government for their achievement. For example, furthermore, large-scale businesses can have a huge growth and they can see an enormous profit in their business because of globalization. For instance, there is a restaurant named A2B in Chennai. Due to the growing culture and connection between people around the world, that restaurant has now more than 50 branches all over the world and almost 12 to 15 in the United States of America. He has given them a world-wide recognition and all the Indians abroad, they don’t even hesitate to go to that restaurant because they know that it is very popular and that it is a branded restaurant. It also gives them that hope of getting a Michelin star in the future. So, globalization is very important for small-scale and large-scale businesses to improve their quality of business and get their recognition.
Band 7+: What is the impact of globalization in small and large scale businesses
Skyrocket your IELTS band score by 1-2 points in under a month with our premium plan!
Note: Both the topic and the answer were submitted by one of our users.
75%
Accuracy
The overall pronunciation accuracy of your speech, reflecting how well a native speaker can comprehend it.
Polished transcript:
Male
Female
There are so many benefits of globalization around the world. For example, it not only increases the profit for small-scale and large-scale businesses, but it also gives them a branded name for their business. Small-scale businesses improve the quality of their products. For example, there is a small-scale business in my town. It is a small shop, a kind of factory that produces chickpea and peanut bars, as well as chocolates. It was started many years ago in a small home, and now that small-scale business is known all around the world. It is called Kovalpati Peanut Bar. Kovalpati is the name of the town where it originates. So, this globalization has not only improved their business, but it has also given them recognition. This business also received an award from our Indian government for their achievement. Furthermore, large-scale businesses can experience huge growth and see enormous profits because of globalization. For instance, there is a restaurant named A2B in Chennai. Due to the growing culture and connection between people around the world, that restaurant now has more than 50 branches globally, with almost 12 to 15 in the United States of America. This has given them worldwide recognition, and all the Indians abroad do not hesitate to visit that restaurant because they know it is very popular and a branded establishment. It also gives them hope of receiving a Michelin star in the future. So, globalization is very important for small-scale and large-scale businesses to improve their quality and gain recognition.
Actual audio transcript (What native speakers are likely to hear):
Tips: Click on each word to see feedback.
Speaking Time: 101 seconds