精選詞彙 Vocab #021: China's Luckin coffee chain

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Summary:   This article discusses China’s failing coffee chain and how copying a successful business, this time Starbucks, is not always a recipe for success. Over-expansion and ignoring profit in favor of growth is a recipe for disaster.   Full article: Vocabulary and Sample Sentences:   Acclaimed: to welcome / praise somebody/something Is Roma an acclaimed movie? Did Mozart garner much acclaim?   Rival: a competitor Are Apple and Samsung rivals? Does Youtube have a viable rival yet?   Collateral: something valuable used to secure a loan Do banks require collateral to secure loans? Can a reputation serve as collateral?   Burn through: use up Did you burn through your allowance last weekend? Is it easy to burn through your holiday budget?   更多跟讀練習單元,就在 用email訂閱就可以收到所有15mins.Today最新節目通知。

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