Business Vocabulary UNIT 1

Business vocabulary flashcards for exam preparation covering various terms and their definitions.

accessible

Refers to something that is easy to reach, enter, or obtain; it also describes information or products that are simple for everyone to understand or use.

address

To focus one's attention on a specific problem or issue in order to find a solution or deal with it effectively.

adhere to sth

To strictly follow a particular set of rules, beliefs, or a formal agreement without deviation.

advertiser

A person or organization that pays for a product, service, or event to be publicized through various media channels.

affiliate

To officially connect or attach an individual or a smaller organization to a larger, more established body.

agile

Describing the ability to move quickly and easily, or a flexible project management approach that breaks work into small, manageable phases.

all the rage

An idiomatic expression used to describe something that is currently extremely popular, fashionable, or in high demand.

ambiguity

A situation or statement that is unclear or open to more than 1 interpretation, often leading to confusion.

anchor

A person or thing that provides a reliable source of stability, security, or support during an uncertain situation.

annoyance

The feeling of being slightly irritated or impatient, or a specific thing that causes such a feeling.

appeal

The quality of being attractive, interesting, or stimulating to others.

appealing

Having qualities that are attractive or pleasing to the eye or mind.

apply

To put a theory, rule, or method into practical use or to show how it is relevant to a specific situation.

approach

A particular way of dealing with a situation or problem; a specific methodology.

appropriateness

The quality of being suitable, right, or proper for a particular purpose or social context.

aspiring

Having a strong desire or ambition to achieve a certain goal or to become a specific type of professional.

assume

To accept something as true or certain to happen, even without having definitive proof.

assumption

An idea or belief that is accepted as true without evidence.

awaken

To rouse or stimulate a specific feeling, interest, or realization in someone.

awareness

The state of having knowledge or perception regarding a specific situation, fact, or issue.

back burner

A state of low priority; used to describe a project or idea that has been temporarily postponed.

bang for the buck

An idiom referring to the value received for the money spent; getting the most out of an investment.

bargain hunter

A consumer who actively seeks out goods or services that are sold at a lower price than their actual value.

barrier to entry

An obstacle that makes it difficult for a new competitor to enter a specific industry or market.

based

Describing a company or individual that has its primary headquarters or origin in a specific location.

benefit

To receive an advantage, profit, or positive result from something.

bewildering

Extremely confusing, complex, or difficult to understand.

blueprint

A technical drawing or a detailed plan that serves as a guide for building or achieving something.

blue-sky thinking

A creative process of generating ideas that are not limited by current constraints or practicalities.

boundary

A limit or border that defines the extent of a subject, property, or acceptable behavior.

brainstorm

To engage in a group discussion to spontaneously generate a large number of ideas for solving a problem.

brief

Lasting only a short time; also refers to a concise summary of information.

burden

A heavy load, either physical or metaphorical, such as a difficult responsibility or a financial debt.

catalyst

A person or event that causes an important change to happen more quickly.

catch on

To become popular or widely accepted by the public.

cater for

To provide exactly what is needed or wanted by a specific group of people.

challenge

To question the truth or validity of something; also refers to a difficult task that tests one's ability.

challenging

Difficult in a way that is stimulating and requires great effort.

chase

To pursue someone or something persistently in order to catch it or achieve a goal.

cognitive

Relating to the mental processes of knowledge, perception, memory, and reasoning.

cognitive filter

A mental mechanism that causes an individual to focus on certain details while ignoring others based on their prior beliefs.

cognitive flexibility

The mental ability to switch between thinking about different concepts or to handle multiple concepts at once.

commission

To formally request or pay someone to perform a specific task or create a piece of work.

committed

Showing strong dedication and loyalty to a specific cause, job, or person.

commitment

A promise or firm decision to do something; a state of being dedicated to a cause.

competitive edge

A unique advantage that allows a business to outperform its competitors in the market.

complaint

A formal statement expressing dissatisfaction with a product, service, or situation.

concept

An abstract or general idea derived from specific instances.

confident

Feeling or showing certainty and self-assurance in one's own abilities or qualities.

conscious

The state of being aware of and responding to one's surroundings; awake and alert.

contribution

Something given to help a cause, such as money, time, or ideas.

convention

A traditional or generally accepted way of behaving or doing something within a society.

convinced

Being completely certain that something is true or right.

convincing

Able to make someone believe that something is true or valid through logical argument.

code

To write instructions for a computer using a specific programming language.

come up with

To suggest or produce a new idea, plan, or solution.

computing

The study or use of computers and information technology.

credibility

The quality of being trusted and believed in by others.

deliver

To provide something that was promised or expected, such as a result or a service.

demographic

A specific sector of a population grouped by age, income, or other characteristics.

device

A piece of equipment or a tool designed to perform a specific function, often electronic.

depart from

To do something in a different way than what is traditional or expected.

deploy

To move, assign, or utilize resources or personnel for a specific purpose or mission.

differentiation

The process of making a product or service stand out as unique compared to others.

disabled

Having a physical or mental condition that makes it difficult to perform certain activities.

disadvantaged

Being in a less favorable position than others, typically due to a lack of money or social status.

disinhibition

A lack of restraint or social anxiety, often leading to impulsive behavior or disregard for social norms.

dispense

To provide, distribute, or give something out to a group of people.

disturbing

Causing feelings of worry, anxiety, or unease.

ditch

An informal term meaning to get rid of or abandon something that is no longer wanted.

divergent thinking

A creative internal process of generating many unique solutions to a single problem.

dream up

To invent or imagine a new idea, especially one that is unusual or original.

eager

Strongly wanting to do or have something; characterized by enthusiastic desire.

efficiency

The ability to accomplish a task with the least amount of wasted time, money, or effort.

elderly

A polite way to describe people who are old, typically those over the age of 65.

enable

To provide someone with the means, authority, or opportunity to do something.

encourage

To give support, confidence, or hope to another person.

engage

To capture and hold someone's attention; also, to participate in an activity.

engagement

The level of interest, involvement, and commitment people show toward something.

engaging

Attributes of being charming, interesting, and pleasant to interact with.

enhance

To improve the quality, value, or power of something.

enrol

To officially register oneself as a member of an institution or a participant in a course.

ensure

To make certain that a particular outcome will happen.

enthuse

To experience or express great excitement and approval for something.

entrepreneurialism

The spirit and activities associated with identifying business opportunities and taking risks to start new ventures.

eureka

An exclamation used to celebrate a sudden discovery or a moment of triumph.

expertise

High-level skill or knowledge in a particular field or subject.

extraneous

Not relevant or related to the subject or situation being discussed.

eyesight

The physical ability to see; one's vision.

face

To confront a difficult situation directly rather than avoiding it.

facilitate

To make an action or process easier to perform or complete.

fad

An intense and widely shared enthusiasm for something that is very popular for only a short time.

familiar

Well-known because of frequent exposure or association.

feature (n)

A distinctive attribute; a prominent part of something's appearance or functionality.

feature (v)

To include something or someone as a prominent or important part.

flourish

To grow, develop, or be successful in a healthy and vigorous way.

foster

To encourage the development or growth of something, such as an idea or relationship.

founder

A person who establishes or originates an organization or institution.

fruition

The point at which a plan or project is finally realized or completed.

funding

Financial resources provided for a specific project or business purpose.