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Business Ne ws 05 – Virtual Meetings How do you conduct your meetings? Face-to-face, on the

Business Ne ws 05 – Virtual Meetings

How do you conduct your meetings? Face-to-face, on the phone, by videoconference or maybe even using VOIP/Skype? Well, now there is a new way - virtual meetings, or meetings where participants are represented by computer generated characters.

Listen to how IBM is using the virtual world of

a website called

Second Life as the next best thing to in person cor porate meetings. After listening to the article, we'll highlight some of the new

vocabulary and provide definitions and further examples.

Article:

IBM is using the virtual world of a website called Second Life as the next best thing to in person corporat e meetings.

The venerable computer maker has established at least one virtual island in Second Life, a popular online virtual world, where it has hosted employee meetings.

Earlier this month, for example, IBM held a virtual block party were people milled around a space called the SkyPOD.

But this isn't the work of teenagers interning at IBM. Researchers are looking at the potential business impact of virtual worlds and online games.

After attending the virtual meeting from IBM's Hursley labs in the U.K. last month, Irving Wladawsky-Berger, IBM's vice president of technical strategy and innovation, said that the use of technologies such as virtual worlds reminded him of how IBM embraced the Internet and ebusiness a decade ago.

"Once more we have the very strong feeling that this will have a huge impact on business, society and our personal lives, although none of us can quite predict what that impact will be," Wladawsky- Berger wrote in his blog.

Key Vocabulary

1.

vi rt ua l

ad je ct ive

• Thi s d e s cr ibe s so met hi ng t hat do e s not p hys ica lly exi st b ut i s m ad e by softw ar e a nd com p ute r s t o a pp ea r t o d o so .

A vi rt ua l w o rl d is a com p ute r ge ne rat ed e nv ir o nme nt w her e m em be r s ca n i nter a ct us i ng o n- sc re e n r ep re se nt ati o ns ov er t he i nte r net .

Fo r e xa m ple:

 

The S im s i s a p op ula r com p ute r g am e w her e p laye r s cr eat e t he ir o w n virt ual w or ld s .

Our co m pa ny use s vi rt ua l r ea lit y t o r esea r ch ne w te chno lo g ie s.

2.

ne xt best t h in g

 

Se co nd i n o r der of p refe re nce ; t o be pr efe rr ed if o ne' s f ir st cho i ce is not

ava il

ab le .

 

Fo r e xa m ple:

 

The next be st t hi ng t o f ly i ng t o Pa r is i s t o g o b y tr ai n.

A S o ny l apt o p i s t he next be st t hi ng t o a n A pp le P owe rb o o k

3.

in pe rs o n

 

To be p hy si cal ly pre se nt, i n t hi s ca se t hey mea n a meet i ng we re al l t he pa rti c ip a nt s a re i n t he sam e r o o m.

Fo r e xa m ple:

 

I had to att e nd la st wee ks mee ti ng i n Fr a nkfurt i n pe r so n b eca use o ur CF O

wa s pre se nti ng o ur lat e st fi na nci a l r esult s .

These d ay s I ra re ly atte nd m eeti ng s i n pe r so n b e ca use we pr efe r t o use tele co nfe re nce s t o save t im e a nd mo ney.

4.

ve

ne ra

ble

ad je ct ive

ac co rde d a g re at d ea l of re sp ect , espe c ia ll y be ca use of a ge , w i sd o m, o r cha ra ct er : a ve ner ab le st ate sm a n.

In t hi s ca se t hey me a n IB M i s a ver y re spe c ted com pa ny be ca use of it s achiev em e nts a nd a ge .

Fo r e xa m ple:

a ve ne ra b le mem be r of Co ng re s s .

To ho st is a v er b m ea ni ng to o rg a ni se a pa r ty o r eve nt. T he per so n w ho i s i n cha rge o r or g a nize s t he ev e nt i s al so cal l ed t he h ost (no un).

Fo r E xa m ple:

We hos ted t he pr o je ct te am fr o m o ur Jap a nese p art ner s w he n t hey vi s ite d

o ur R & D ce nt re .

I’m g oi ng t o host a pa rty ne xt w ee k f or my husb a nd ’ s 40t h bi rt hday .

6.

blo ck pa rt y (no un p hra se )

Thi s i s a n A me ri ca n te rm fo r a p arty fo r t he pe op le w ho a ll l ive o n t he sa me st ree t a nd ty pi cal ly t hey w o ul d cl o se off t he s tre et a nd hol d t he i r pa rty o n it . A b l o ck i n t he U S r efe r s t o a sho rt l e ngt h of r oa d b etw ee n 2

 

cr o s s st reet s .

Fo r E xa m ple:

I

we nt t o a bl o ck p art y i n my f ri e nd ’s nei g hbo ur ho od la st wee k.

re me mb er w he n I w as yo ung we ha d a b l o ck p a rty t o cel eb rat e t he Que e ns b irt hda y.

I

7.

mille d a ro u n d (ve rb p hr a se )

To mi ll a ro und me a ns to m ove ab o ut i n a n unor ga nize d f a shi o n, w it ho ut a ny p art i cul a r p urp o se .

 

Fo r e xa m ple:

We just m il le d a r o und t he r o o m, sha ki ng ha nds , unt il we sat do w n f or

di

ne r .

The fa ct o ry t o ur wa sn’t ve ry w el l or ga nize d, o nce we got t he ir we just mi ll ed ar o und t he re ce pt io n a rea fo r t he fi r s t 30m i ns

8.

int er n in g (v er b )

Thi s i s a ve r b t hat co me s f ro m t he no un: I n ter n. A n I nte r n i s a st ude nt or tr ai ne e w ho w ork s , som etime s wit ho ut p ay, at a jo b or o c cupat i o n i n or de r t o g a i n w o rk ex pe rie nce.

Fo r e xa m ple:

  • I i nte r ne d at IB M w he n I wa s at univer s ity .

Jeff wa s a n i nte r n i n Jap a n b ef or e he gr ad uated .

9. potent ial -- im pa ct Thi s m ea ns t he l ike ly or p o s si bl e eff ect o f vi rt ua l w o rl d s o n how b usi ne s s co nd uct mee ti ng s i n t he f ut ur e.

Fo r E xa m ple:

The p ote nt i al im pa ct of a not he r r i se i s oi l p r ice s w il l be ba d f or t he eco nomy

The p ote nt i al im pa ct of o ur ne w a dve rt is i ng ca m pa ig n wi ll be huge .

10.em bra ce d (ve rb : t o e m br a ce )

To e m br a ce is a v er b m ea ni ng t o ho ld so me thi ng . I n t hi s ca se t hey me a n IBM wa s e nt husi a sti c ab o ut t he i nt er net, t o emb r ace so met hi ng ca n me a n to be e nt hus ia st i c a b o ut somet hi ng.

Fo r E xa m ple:

Our co m pa ny ha s d o ne we l l by em br a ci ng new te chno lo gi e s

The new me rg er p ro p o sa l w a s e mb ra ced by the sha re hol de r s.

11.ebus i ness (no un) the “ e” a d ded bef o re b usi nes s me a ns El e ctr o ni c b usi ne ss . N o wa da ys it’ s q uite co mm o n f o r b us i ne s se s t o p ut a sm al l lette r “e” i n f r o nt of t he nam e of a p r od uct o r ser vi ce t o imp ly t ha t i s ma i nly av a il ab le o n t he i nt er net o r use s ne w te chno l ogy . E-Com me rce i s a not her ex am p le of t hi s.

Fo r E xa m ple:

We sw it che d t o eB il l i ng la st m o nt h f or a ll o nli ne o rd er s .

Our co m pa ny ha s e mb ra ce d e B usi nes s to l o wer co st s .

12.blo g (no un) Thi s i s a ne w w o rd fo r a n o nl i ne di ary o r jo ur na l t hat i s upd ate d r eg ula rly . Bl og gi ng ha s b eco me v ery p op ula r i n t he la st co up le of y ea r s, b ot h i n b us i ne s s a nd pe r so na l l ife . S o me o ne w ho w rite s a bl o g i s cal le d a

blo gger .

Fo r E xa m ple:

I wr ot e a bl o g a b o ut my tr ave l s i n S o ut h A mer i ca .

Bl og gi ng is ver y p o p ul ar i n Chi na .