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Essential Business Terms Explained

The document provides a list of business-related terms and their definitions, including concepts like cash flow, audit, and financial statements. It also includes terms related to organizational structure and decision-making, such as autonomy and initiative. Additionally, it touches on marketing and product quality with terms like upmarket value and promotional campaign.

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20 views2 pages

Essential Business Terms Explained

The document provides a list of business-related terms and their definitions, including concepts like cash flow, audit, and financial statements. It also includes terms related to organizational structure and decision-making, such as autonomy and initiative. Additionally, it touches on marketing and product quality with terms like upmarket value and promotional campaign.

Uploaded by

vquyennn308
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

WORDLIST

1. Cash flow: the amount of money moving into and out of a business
2. Audit: to make an official examination of the accounts of a business and produce a report
3. Financial statement: a report provided by a company for its shareholders and investors that shows
details of its financial situation, and includes documents such as the profit and loss account and balance
sheet – Báo Cáo Tài Chính
4. Payroll: a list of the people employed by a company showing how much each one earns
5. Promotional campaign
6. Be in charge of
7. Raw material: any material, such as oil, cotton, or sugar in its natural condition, before it has been
processed for use
8. Glamorous: attractive in an exciting and special way
9. Dramatic: very sudden or noticeable, or full of action and excitement
10. Deploy: to use something or someone, especially in an effective way – Tận Dụng/ Triển Khai
11. Ongoing: continuing to exist or develop, or happening at the present moment
12. Incentive: /ɪnˈsen.tɪv/: something that encourages a person to do something
13. Inspector: someone whose job is to officially inspect something
14. Mindset: a person's way of thinking and their opinions
15. Autonomy: /ɑːˈtɑː.nə.mi/: the right of an organization, country, or region to be independent and
govern itself
16. Initiative: /ɪˈnɪʃ.ə.tɪv/: a new plan or process to achieve something or solve a problem
17. Tie-up: a connection or agreement that joins two things or organizations
18. Democratisation: /dɪˌmɑː.krə.təˈzeɪ.ʃən/: the process of making countries or organizations use
democratic ways of making decisions
19. Undermine: to make someone less confident, less powerful, or less likely to succeed, or to make
something weaker, often gradually
20. Upmarket value: Upmarket goods and products are of very high quality and intended to be bought by
people who are quite rich
21. Underestimate: to fail to guess or understand the real cost, size, difficulty, etc. of something
22. Know-how: practical knowledge and ability
23. Contemporary: existing or happening now, and therefore seeming modern
24. Sponsor: (of a business or other organization) to pay for someone to do something or for something to
happen
The gornverment should give autonomy to

give greater autonomy to

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