Describe New Start-ups in Society Cue Card

Describe New Start-ups in Society Cue Card is the topic for IELTS Speaking section. The article given below, states three model questions and sample answers. Three important ideas have been considered for the answers including - what do you know about the startup, what are their advantages and what are the disadvantages. Candidates can get this topic from the book Easy Cue Cards for IELTS - January to April 2022.

What is a Cue Card: IELTS Speaking part 2 includes the cue card with different topics on them. Candidates need to speak for 2-3 minutes on the chosen topic. They are allowed 1 minute of time to think about the topic before speaking. Candidates’ proficiency in the English language is assessed in IELTS Speaking based on their skills in grammar, vocabulary, style and usage.

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Topic: Describe a New Start-ups in Society.

You should say:

  • What do you know about the start-up?
  • What are the advantages?
  • What can be the potential disadvantages?

Model Answer 1

What do you know about the start-up?

The current age is the age of startups and adaptation of innovation Entrepreneurs must exercise extreme caution and work hard to become prosperous in the days to come because they are still in the early phases of their business. The startup is an organisation dedicated to transformation with an ideal replica and scalable business strategy. It is a cutting-edge project with a distinct goal and significant demand for a particular good or service. This calls for a methodical approach. Concept, validation, experimentation, and result analysis serve as its foundation. The startup wants to advance quickly through innovations. There are lots of inexpensive, scalable, and small startups. Ola, Uber, and Zomato are a few of these companies. They were start-ups at first, but today they are fully developed.

What are the advantages?

Due to corporate policies, welfare programs, goal incentives, allowances, and the contemporary environment, startups are extremely popular among the modern generation. It is a fantastic option for a knowledgeable and creative team. There are some employee bases in startups. The chance to develop many of the skills needed on the job is available to every employee. Benefits including packages, incentives, health care, and various allowances are provided to employees. Additionally, they have flexible hours and the option to work from home. The best possible use of resources is made.

What can be the potential disadvantages?

Due to long hours and a heavy workload, employees may grow drowsy. Due to a lack of expertise and potential threats at work, there is a lot of mental and physical stress. Startups risk not achieving their goals if proper planning, budgeting, management, and implementation are not in place. They occasionally cease working when they don't have the money. There are several hazards and chances of losing since the labor lacks experience. For a variety of reasons listed above, most startups fail five years after their initial debut.  They have low profits due to intense competition.
Therefore, startups give the younger generation the opportunity to become productive in society. They have some advantages and some disadvantages. Good faith, planning, management and execution will yield results in the long run.

Model Answer 2

What do you know about the start-up?

Startups and small businesses are all too common these days. They are the developing stages of big business models in the future, but they need to be carefully planned and implemented.
It is the collective work of a few members organized with new ideas and concepts. Insights on market demand and supply graphs give an idea about a new startup company. This requires scientific and economic studies. This is an experiment that needs to be done very carefully to get the greatest result. A startup cannot grow without innovations and innovations. There are many types of startups, but it depends on the amount of investment and the skilled workforce associated with it.

What are the advantages?

Startups are well suited for the modern generation. The Start-up business style attracts young people very quickly. They provide sophisticated environments, advanced tools, incentives, and health programs for employees. Children with communication skills, technical skills, and advanced techniques are well-suited for these small projects. In addition, it is an opportunity to learn multiple skills and techniques. There are many employee benefit plans, packages, incentives, incentives, health insurance, and special allowances. Some startups allow employees to work from home at their convenient times. A good startup is well-planned without wasting time and resources.

What can be the potential disadvantages?

Because the number of employees is limited, they have more responsibilities and working hours. More working hours affect their physical and mental health. As young employees have less experience, there are chances of business failure. A good team is needed to plan, manage and manage all tasks efficiently and productively. Most startups fail initially due to some flaws. Excessive expectations and lack of adequate funding have in some cases halted startup progress. . A less trained workforce is a big obstacle for any startup. The success of any startup depends on many factors. The rapid expansion of new ventures is needed to overcome the disadvantages of small profit margins.
Startups can ensure that they are profitable and risky for the new generation in the community. They have both opportunities and problems. In-depth research, planning, scope, management, and implementation give good results.

Model Answer 3

What do you know about the start-up?

Startups offer great opportunities. They will fill the gap between employment and society's skilled labor force. A well-planned and executed startup is sure to become a multi-billion dollar company in the future.
The building blocks of startups are ideas. A startup is born in the mind but thrives in the marketplace. To create a startup, both scientific and economic research is necessary. It cannot be launched and managed with poor planning and methodology. In fact, this is an experiment that is being conducted with consumers and other market forces. It needs a number of innovations and inventions. The type of startup depends on the size of the investment and the technical workforce.

What are the advantages?

Startups are a great opportunity for today's generation. The new generation prefers the new business style of startups. Ergonomics, networking, utilities, and software are well-suited for the next generation of employees. The statistician must have good communication skills, technical knowledge, and modern methods to win in the current competition. Since the number of employees is limited, each employee must master many skills and techniques. Employees will be provided with attractive packages, targeted incentives, medical facilities, and various benefits. There are both online and offline businesses with flexible working hours. Therefore, students can also participate in the business process. A well-planned start with good management is sure to turn into a big company soon.

What can be the potential disadvantages?

Most employees of start-up companies become lazy and weak due to long hours and many responsibilities. They need mental and physical relaxation to lead a healthy and normal life. Since the employees of a start-up company are less experienced, they cannot face unexpected situations, which can lead to failures and losses. Poor planning, management, and execution caused the project to fail in the first place. Moderate goals and fair funding are needed to run these projects for a long time. Mismatch of goals and plans leads to poor management of start-up companies. Due to massive competition for similar products and services, start-ups receive meager profits.
Startups have advantages and disadvantages. Deep knowledge of business processes, research, talent, qualified personnel, planning, management, and timely execution are necessary in order to turn a startup into a multi-billion dollar business.

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*The article might have information for the previous academic years, please refer the official website of the exam.

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