Success with Business B2 - Part I | Quizlet

accounting software

a computer program for electronic, automated recording, tracking and reporting of an organization's financial transactions

applicant

a person who makes a formal application for something, especially a job

attend

be present at, go to

banner

a heading or advertisement appearing on a web page in the form of a bar, column, or box

billboard

a large outdoor advertising structure, typically found in high traffic areas

bonus scheme

a form of incentive pay programme for rewarding employees for meeting targets or other achievements

branch

a part of a larger company; the secondary establishment of the parent company

brand awareness

the level of familiarity consumers have with a particular brand

brochure

a magazine or thin book with pictures that gives you information about a product or service

call centre

an office in which large numbers of phone calls are handled

canteen

a place in a factory, office, etc. where food and meals are sold and can be eaten, often at a lower than usual price

cash bonus

an extra amount of money given to someone for doing something good, for an achievement

charge

demand an amount of money as a price for a service or goods

commercials

television or radio advertisements

commission

(1) a form of payment to an agent for services; (2) a group of people who have been given the official job of finding information

commute

travel regularly a distance between work and home

competitor

a person, product, company, etc. that is trying to compete with others; another business which can offer the same or similar goods and services to your customers

consultancy

a professional practice that gives expert advice within a particular field

deadline

a date or time before which something must be done

delegating

giving a particular job or duty to someone else so that they do it for you

department

a division of a large organization such as a government, university, or business, dealing with a specific area of activity

distribution centre

logistics facility that stores finished goods before they are picked, packed and delivered to customers

division

one of the parts into which a business, organization or company is divided

enhance

increase or improve in value, quality or attractiveness

entrepreneur

someone who organizes, manages, and takes the risks of a business or enterprise

entrepreneurial spirit

a way of thinking that actively seeks out change, rather than waiting to adapt to change

estimate

roughly calculate or judge the value, number, quantity

fee

an amount of money paid for a particular piece of work or for a particular service

flexitime

a system of working in which people can change the time they start or finish work

franchise

an authorization granted to an individual or group enabling them to carry out specified commercial activities

freelance

self employed and hired to work for different companies on particular assignments

full time

doing your job for the whole of the usual working day or week

headquarters

the premises serving as the managerial and administrative centre of an organization

hold a meeting

arrange and organise a place and time for employees to meet

holding company

a parent company whose purpose is to buy and control the ownership interests of other companies

hot desking

a work office organization system where each space is available for any worker

implementation

the act of putting a plan into action or of starting to use something

incentives

something, especially money, that encourages a person or organization to do something

income

net earnings in the form of wages, salaries or the return on investments

internal audit

evaluation of a company's governance and accounting processes

invest

put money into financial schemes, shares, property or a commercial venture with the expectation of achieving a profit

involved in

taking part in something or having a strong connection with it

job

sharing dividing the duties and the pay between two people who work at different times during the day or week

launch

begin a plan, a project or introduce a new product

liability

the state of being legally responsible for something

liaise

communicate with people in other organisations in order to cooperate on a matter of mutual concern

mailshots

leaflets or other advertising material sent by post

manufacturing

the making of products on a large scale using machinery; industrial production

networking

interacting with others to exchange information and develop professional or social contacts

numeracy

the ability to understand and work with numbers

objective

something you plan to achieve

overtime

extra hours in addition to normal working hours

ownership

the act or right of possessing something

parental leave

the time mother, fathers and caregivers take off work to care for children or a new baby

participant

a person who takes part in or becomes involved in a particular activity

partnership

a formal agreement by two or more parties to manage and operate a business and share its profits

part

time work for only some of the usual day or the week

pension

a sum of money paid regularly to a person who has stopped working because of having reached a certain age

perks

an advantage or something extra, such as money or goods, that you are given because of your job

permission

the act of officially allowing someone to do a particular thing; consent or authorization

plant

a place where an industrial or manufacturing process takes place

position

a function you serve at a company, it includes the daily tasks and projects you complete

poster

a large printed picture, photograph, or notice that you stick to a wall or board to advertise something

postpone

arrange for something to take place at a time later than scheduled

profit margin

the difference between the cost of buying or making something and the price at which it is sold

promotion

all the activities aiming to make a product or event popular or successful

promotion

moving an employee to a higher position with more responsibilities, increased authority, and a better salary

recognition

public appreciation for someone's achievements, knowledge or excellent skills

referrals

a recommendation made by one individual or business to another, encouraging them to consider a specific product or service

repeat business

when a customer returns to buy more products or services from the same company

resources

money, materials, staff, and other assets that can be used by a person or organization in order to function effectively

retirement

the withdrawal from one's position or occupation or from one's active working life at a particular age

reward

something given in exchange for good behaviour or good work

salary

a fixed regular payment, typically paid on a monthly basis, made by an employer to an employee

sample

a small part of a product, given free so that customers can try it before making the decision to buy

schedule

a plan giving lists of intended events at particular times

search engine

a software program that helps people find the information they are looking for online

set the agenda

make a list of items to be discussed at a meeting

set up

establish a business, institution, or other organization

shift work

a system in which groups of employees work for different agreed periods during the day and night

skillset

a combination of abilities that can be used in a particular job

sole trader

a self employed person who owns and runs their business without a business partner

spam

unwanted e mail, usually of a commercial nature

spreadsheet

a tool that is used to store, organise and analyse data

subscription

an arrangement to receive something, typically a publication, regularly by paying in advance

subsidiary

a company controlled by a holding company

sustainability

avoidance of the depletion of natural resources in order to maintain an ecological balance

tailor

made adapted or suited for a particular purpose or person

take the minutes

summarize in writing what is discussed at a meeting

target consumer

the type of person that a company wants to sell its products or services to

teleworking

doing your job from home, making use of the internet, email, and the telephone

temping

working as a temporary employee

trademark

a graphical symbol or words legally registered as representing a company or a product

turnover

(1) the rate at which employees leave a workforce and are replaced; (2) the amount received in sales for a stated period by a company

venture

a new business activity that involves the potential for a return and risk

warehouse

a large building where raw materials or manufactured goods may be stored prior to their distribution for sale

word of mouth

spoken communication through which we find out about a product, an event, a service

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