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I don't understand the question :P
explain what you have learned about the importance of using formal language to your own advantage. If you have observed anything in your environment about people's tendency to judge one another based on speech and writing patterns, include those ideas. Comment on how you can develop your own language skills to promote yourself in the scholastic and business world. In your speech, demonstrate everything you know about strong ideas, solid organization, sentence fluency and conventions. this is the full thing,,,
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Well, if you use correct speech and formal language, it shows that you have intelligence and you took the time to learn new words rather than resorting to slang or cursing to get your point across.
Okay, I'm assuming it's asking about, basically, being professional with your speech?
If that's the case then, for the first part of the question, that's completely individual. You want to think about how you have learned to use speaking correctly to your advantage. Perhaps it makes it easier for people to understand what you are trying to say, it may help you come across more professional and well put together during a job interview. It could help how others perceive you. If you talk using these common mishaps: "ain't"; "I didn't do nothin'" and similar phrases or words, you probably come across uneducated and, in the public's eye, "stupid".
How do you think about people who talk a certain way. Are people who enunciate their "t" sounds stuck up? Are those who speak without contractions stuck up? Are people who talk with a southern dialect automatically "stupid" in your opinion? Think about it. How does speech affect people?
If you jump around from point to point, you don't have solid organization and that can be confusing for people to understand you. If you talk in half sentences or take pauses where there shouldn't be a pause (ex: "I am just. A little bit concerned about you. So, that's all.") that can be really annoying and confusing. How would you think of someone who talked like that? Would you think maybe they had a mental disorder?
This is really calling for an opinionated answer from your own perspective based off of literary facts. Let me know if you need any more help.