Business Flashcards
tedious
nhàm chán, boring
a tedious work
To take something into consideration/ account
Meaning: to consider or remember something when judging a situation
Example: No business will succeed if it fails to take the needs of customers into account/into consideration.
Dịch đại ý
To take something into consideration/account: xem xét cái gì
Nghĩa: xem xét hay nhớ tới cái gì khi đánh giá 1 vấn đề, 1 tình huống
Ví dụ: Việc kinh doanh không thể thành công nếu như không xem xét đến nhu cầu của khách hàng.
To break into a market
Meaning: to enter a market with the connotation that entrance to the industry was difficult.
Example: It is difficult to break into the market for designer sportswear because there is too much competition from leading brands like Nike.
To keep someone’s word
Meaning: to uphold one’s promise; to do as one says
Example: I lent him a lot of money, so I hope that he keeps his word and repays the loan.
To reach a consensus
Meaning: to come to an agreement
Example: The directors of the company have reached a consensus on the new business plan.
To make the most of something
Meaning: to make something appear as good as possible; to exploit something; to get as much out of something as is possible.
Example: They designed the advertisements to make the most of the product’s features.
To go out of business
Meaning: if a company goes out of business, it stops doing business permanently, especially because it has failed
Example: If we sold food at those prices we’d soon go out of business.
To do market research
Meaning: to collect information about what people buy and why they choose it.
Example: Advertising companies do a lot of market research before they design promotion campaigns.
To make cutbacks
Meaning: to decrease, to reduce
Example: The company made cutbacks at their stores in New York and many employees were dismissed.
To manage expectations
Meaning: Seek to prevent disappointment by establishing in advance what can realistically be achieved or delivered by a project, undertaking, course of action, etc.
Example: the company needs to manage the expectations of investors by presenting a realistic figure for next year’s estimated profits.
To make a calculation
Meaning: to assess a situation and figure out (or guess) the outcome
Example: We cannot make a precise calculation of the price until we have all the costs.
To pay in arrears
Meaning: refers to making a payment to a supplier later than the terms of the arrangement under which goods or services were purchased from the supplier.
Example: The company pays one month in arrears to all its suppliers and employees.
To buy at auction
Meaning: to buy something at a usually public sale of goods or property, where people make higher and higher bids (= offers of money) for each thing, until the thing is sold to the person who will pay most
Example: Buying a property at an auction can be a nerve-wracking or exhilerating experience.
To squander a chance/ savings
Meaning: to waste money or supplies, or to waste opportunities by not using them to your advantage
Example: James squandered all his savings in an unsuccessful business venture to sell ice cream in Alaska.
Overhead cost
Meaning: refers to regular costs required to run a business, such as rent, electricity, wages etc
Example: An increase in rents in the shopping mall increased the overhead costs of all the shops which operated there.
