ENGLISH BUSINESS

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67 Terms

1
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Price at which one currency can buy another

Exchange rate

2
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General increase in prices

Inflation rate

3
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who are right age to work

Labour force

4
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Low taxes to encourage business activity

tax incentives

5
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Official rules / regulations / paperwork

Government bureaucracy

6
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Total value of goods and services produced in a country

GDP (Gross Domestic Product)

7
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Percentage of people without jobs

Unemployment rate

8
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Money from overseas

Foreign investment

9
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Difference in value between a country’s imports and exports

Balance of trade

10
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estimate of how much money comes in and how much is spent

cash flow forecast

11
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definition of why company exists

mission statement

12
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the people you want to sell your product to

target group

13
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accounts which show income and expenditure

profit and loss account / income statement

14
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the money you expect to get back on the amount you invested

return on investment

15
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promotion

khuyến mãi

16
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satisfy

thỏa mãn

17
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personal selling

bán hàng trực tiếp

18
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the tendency to always buy a particular brand→ staying with a particular brand

Brand loyalty

19
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the ideas and beliefs people have about a brand

Brand image

20
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using an existing name on other types of product

Brand stretching

21
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how familiar people are with a brand

Brand awareness

22
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the name given to a product by the company that makes it

Brand name

23
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the introduction of a product to the market

Product launch

24
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the length of time people continue to buy a product

Product life cycle

25
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the set of products made by a company

Product range

26
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when products are used in films or TV programmes

Product placement

27
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the use of a well-known person to advertise products

Product endorsement

28
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slice → segment

phân đoạn, phân khúc

29
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identified to be of interest → targeted

được xác định là có liên quan

30
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reply → respond

đáp lại

31
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chance selection → random sample

lựa chọn ngẫu nhiên

32
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poll → survey

khảo sát

33
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results → findings

kết quả

34
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typical → representative

đại diện

35
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36
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feelings and opinions → attitudes

thái độ

37
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see → perceive

nhận thức

38
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who are similar in some way → with shared characteristics

có cùng đặc điểm

39
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Often the last item in a meeting.

any other business

40
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Often the first item in a meeting, concerning people who cannot be present.

apologies for absence

41
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A way of reaching agreement in which each side concedes or gives up something.

compromise

42
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.The situation in which most or all of the people at a meeting agree about something.

consensus( thống nhất, nhất trí)

43
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To move off the subject and start talking about something else.

to digress

44
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A written record distributed to participants after a meeting.

minutes

45
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Interest rate

Cost of borrowing money

46
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an agreement that settles an argument when both sides reduce their demand in order to agree

compromise

47
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something which is accepted or given up by one side in order to end a disagreement

concessioN

48
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an offer responding to someone else's offer

counter-proposal

49
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an individual item or element in a negotiation

deal point

50
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to delay making (or to forget to make) a decision about something

to leave something hanging

51
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a description of a possible event in the future.

scenario

52
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a useful piece of information or advice.

tip

53
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an agreement that settles an argument when people reduce their demands in order to agree.

compromise

54
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an exchange involving giving up one thing to get something else.

trade-off

55
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an individual item or element in a negotiation.

deal point

56
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an offer responding to somebody else’s offer.

counter-proposal

57
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fixed limits within which something can or must happen or be done.

parameters

58
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to delay making (or to forget to make) a decision about something.

to leave something hanging

59
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to temporarily ignore or not think about a particular fact.

to set something aside

60
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something which is accepted or given up by one side in order to end a

concession

61
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62
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Money owed by one person or organization to another person or organization.

Debt

63
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A period of time when business activity decreases because the economy is doing badly.

recession

64
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The difference between the selling price of a product and the cost of producing it.

gross profit

65
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A place where the company shares are bought and sold.

stock market

66
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Money which people or organizations put into a business to make a profit.

investment

67
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Equal parts into which the capital or ownership of a company is divided.

shares