bussiness english

Question 1

why many companies get layoffs wrong

Answer 1

/ˈleɪ.ɑːf/
an occasion when a company stops employing someone, sometimes temporarily, because the company does not have enough money or enough work
- The recent economic crisis has led to massive layoffs.
- Executives say no layoffs are expected as a result of the merger.
- Workers have been warned to expect further layoffs.

Question 2

journey from DUI to 3M

Answer 2

/ˌdiː.juːˈaɪ/
driving under the influence: the crime of operating a motor vehicle while being affected by alcohol or other drugs:
- He was arrested the next day for DUI.
- In the past I have worked for bosses who have had DUIs
- This was his third DUI in five years.

Question 3

audacious

Answer 3

/ɑːˈdeɪ.ʃəs/

Question 4

to risk-averse

Answer 4

/ˈrɪsk.əˌvɝːs/
the tendency to avoid risk
What Is Risk Averse? Risk aversion is the tendency to avoid risk. The term risk-averse describes the investor who chooses the preservation of capital over the potential for a higher-than-average return. In investing, risk equals price volatility.
- risk-averse investors
- If women are risk-averse, why do they start so many new businesses?
- i don´t work with risk-averse people

Question 5

stakeholders

Answer 5

/ˈsteɪkˌhoʊl.dɚ/
A stakeholder is a party that has an interest in a company and can either affect or be affected by the business. The primary stakeholders in a typical corporation are its investors, employees, customers, and suppliers.

However, with the increasing attention on corporate social responsibility, the concept has been extended to include communities, governments, and trade associations.