business reports

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24 Terms

1
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announce record profits

reveal the highest profits ever recorded

2
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decline in demand

drop in customer interest or purchasing

3
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increasingly fierce competition

more and more intense rivalry between companies

4
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meeting their targets

achieving their planned goals

5
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go into production

start being manufactured

6
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boost

increase or improve

7
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sales and profits

revenue and earnings

8
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stimulate growth

encourage economic expansion

9
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part of its development budget

portion of the money set aside for growth projects

10
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chair the committee

led the group in charge

11
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generate more business

create more commercial opportunities

12
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unique selling points

special features that make something attractive

13
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pay dividends

bring benefits or rewards

14
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made sound business sense

was a logical or wise decision for business

15
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maintain quality

keep standards high

16
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promote the interests

support or advance the benefits

17
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satisfying the demands of our target market

meeting the needs of the customers they aim to serve

18
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emergency meeting

urgent gathering

19
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hike in prices

sudden increase in costs

20
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affect the bottom line

impact the final profit

21
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narrow profit margins

small difference between costs and revenue

22
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set ourselves clear objectives

decide on specific goals

23
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balance the books

make income equal expenses

24
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call the receivers

go bankrupt