DAY 5

Inflation rate

The rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling.

Organization

A group of people structured and managed to meet a need or pursue collective goals.

Overcome

To succeed in dealing with a problem or difficulty.

Under the weather

Feeling unwell or sick.

Intersection

A point where two or more roads meet.

Sales

Revenue generated from selling goods or services.

Compliance

The act of conforming to a rule, such as a law or a guideline.

Partnership

A cooperative relationship between people or groups.

Elevate

To raise or lift something to a higher position.

Derivatives

Financial securities whose value is dependent on or derived from the value of another asset.

Cybersecurity awareness

The understanding of the risks associated with the internet and protecting sensitive information.

Advertise

To publicize a product or service to attract customers.

Compile

To gather together information from various sources.

Leadership style

The manner and approach of providing direction and motivating people.

Financial statement

Formal records of the financial activities and position of a business or entity.

Kick-off

The beginning of an event or activity.

Monorail

A railway system in which trains run on a single rail.

Get down to business

To begin work on something seriously.

Appreciation

An increase in the value of an asset over time.

Expenditure

The action of spending funds.

Damage

Physical harm that impairs the value or usefulness of something.

Reinforce

To strengthen an idea, argument, or physical structure.

Behind someone’s back

Doing something secretly or dishonestly without someone's knowledge.

Sustainability

The ability to be maintained at a certain rate or level.

MVP (Minimum Viable Product)

A product with just enough features to satisfy early customers.

Trend

A general direction in which something is developing or changing.

Blue-sky thinking

Creative ideas that are not constrained by current thinking or beliefs.

Breadwinner

The primary income earner in a household.

Outgoing

Sociable and willing to engage with others.

Come up with

To think of or produce something, especially a plan or idea.

Bend over backwards

To make a great effort to help or accommodate someone.

Divide

To separate or be separated into parts.

Product differentiation

The process of distinguishing a product from others in order to make it more attractive to a specific target market.

Endanger

To put someone or something at risk or in danger.

Biometric Authentication

Security processes that rely on biological metrics such as fingerprints or facial recognition.

Depart

To leave, especially to start a journey.

Logistics Manager

A person responsible for overseeing the supply chain and ensuring materials move efficiently.

Constructive

Providing beneficial suggestions for improvement.

Traceability

The ability to trace the history, application, or location of an item.

Complain

To express dissatisfaction about something.

Car

A road vehicle powered by an engine.

Consumer Segmentation

The process of dividing a market into distinct groups of buyers based on needs and characteristics.

Peer review

The evaluation of work by one or more experts in the same field.

Franchise

A license granted to an individual or group to market a company's goods or services.

Product

An item that is manufactured or produced for sale.

Drawback

A disadvantage or problem that makes something less attractive.

Directly

In a direct manner; without intervening factors.

Technology

The application of scientific knowledge for practical purposes.

Allocate

To distribute resources or duties for a specific purpose.

Make a long story short

To summarize, to provide a shorter version of an explanation.