BUSINESS & MONEY

Maximize profit margins

tối đa hóa lợi nhuận (maximize lợi nhuận)

increase the difference between cost and revenue

Corporations often relocate production to developing countries to maximize profit margins.

Boost economic productivity

enhance the efficiency of production and services

Technological innovation has significantly boosted economic productivity across sectors.

Sustain long-term growth

maintain continuous development over time

Businesses must innovate constantly in order to sustain long-term growth.

Gain a competitive edge

acquire an advantage over competitors

Brand reputation and customer loyalty help firms gain a competitive edge in crowded markets.

Cut operational costs

reduce the expenses involved in running a business

Many firms invest in automation to cut operational costs and increase efficiency.

Break into the market

successfully enter a new business sector or region

Startups often struggle to break into the market due to high competition and limited resources.

Scale up operations

expand the size or reach of business activities

Once the product proved viable, the company scaled up operations globally.

Cash in on opportunities

profit from favorable conditions or trends

Smart investors often cash in on opportunities during economic downturns.

Fall short of expectations

fail to achieve anticipated results

The product launch fell short of expectations, causing a drop in shareholder confidence.

Corporate social responsibility (noun phrases)

a company’s efforts to improve society and reduce negative impacts.

Adopting corporate social responsibility enhances brand image and builds customer trust.

Income inequality gap

the disparity between the rich and poor

Globalisation has widened the income inequality gap in many developing countries.

Financial incentives

monetary rewards used to motivate behavior

Governments often provide financial incentives to attract foreign investment.

Economic downturn

a period of declining financial performance in an economy

During an economic downturn, small businesses are especially vulnerable to bankruptcy.

Drive economic expansion

actively contribute to national or global economic growth.

Small and medium enterprises (SMEs) often drive economic expansion by generating employment.

Capital allocation strategy

the method of distributing financial resources for investment or growth.

A sound capital allocation strategy can determine the success of a multinational corporation.

Opt out of investment

choose not to invest

Due to volatile markets, many stakeholders opted out of investment in risky assets.

Lay off employees

terminate workers due to economic reasons (sa thải nhân viên)

During the recession, many companies had to lay off employees to stay afloat. (duy trì hoạt động)