ET Product/ Business/ Job Flashcards
mass production
the process of producing large quantities of goods by using machines
a commodity
something that can be bought and sold
merchandise
goods that people buy and sell
service-oriented
mainly concerned with meeting customers’ needs
aspects of production
features of production
the cost of labour
the cost of the workers in a particular company
to be exported
(of a product) to be sent to another country so that it can be sold there
to launch a product
to start selling a product to the public
sales figures
sales numbers
to do market research
to collect information about what products people like to buy
stiff competition
severe competitors
to drum up some business
to try to make people buy something from you
a niche market
the part of an industry that sells a particular type of product or service to the small number of customers who want it
to run a business
to have a business
cost-cutting
actions takes to reduce the costs of a business
to try the hard sell
to attempt to sell sth by being very forceful
brand loyalty
confidence in the particular make and a tendency always to choose it
to strike while the iron is hot
to take advantage of an opportunity before the situation changes
up and running
working effectively
a golden opportunity
a very good chance to achieve something
the black market
an illegal trade
to stay within the budget
do not exceed money available to spend
to mount a challenge
to prepare for a challenge
a shareholder
sb who own shares in a company
a dividend
a share of the profits of a company, paid once or twice a year to the people who own the company’s shares
to clinch the deal
to manage to win a deal
mergers and acquisitions
the department in a company that is responsible for taking over other businesses
to go under
to fail completely and stop operating
an investor
a person that invests money
to underpin sth
to be an important basic part of something, allowing it to succeed
a budget
the amount of money an organization has to spend on something
a surplus
more of something than necessary
an emergency fund for contingencies
a certain amount of money kept for something bad that might happen in the future
a shortfall
the amount of money a business lacks
a deficit
the difference between the amount of money or goods that a business has and the amount that it has spent
to economize
to save money
to make cutbacks
to save money
thriving
very successful
to realize your personal value
to understand how much you are worth
to devote yourself to sth
to spend a lot of time doing sth
a nine-to-five job
a typical office job, very predictable
to break one’s life routine
to change one’s regular schedule
a flexible schedule
an open timetable
to punch the clock
to punch in and out (at work)
job security
a feeling of being able to keep one stable job for long enough
to be unemployed
to be without a job
job satisfaction
the feeling that you have when you enjoy your job
a sense of fulfilment
a feeling of satisfaction due to one’s work
frustration
an annoyed feeling that you get when you are prevented from doing what you want
an excessive workload
workload heavier than reasonable
a cushy number
a very easy and pleasant job not involving a lot of work
job prospects
chances of success at work
an incentive
sth that makes you want to do sth or to work harder
stable
(of a job) not changed frequently
a white-collar job (n.)
a job that requires workers to work in offices rather than to do physical work
a foreign enterprise
a large business company from abroad
a tempting bonus
a significant amount of money given in addition to your normal salary
welfare benefits
care provided by a company for people
a long-term commitment
a promise to do a particular job for a long time
a job hopper
sb who changes companies too often
to take sb on
to employ sb
a line of work
an area of work
a vocation
a job that you do because you feel it is your purpose in life and for which you have special skills
to freelance
to sell your work or services to many different companies
a chief executive
the most senior person working in a company who is responsible for running it
a foreman
a man who is in charge of a team of workers
to be in charge of
to be in control of sth
to clock in/out
to punch in/out
to improve one’s qualifications
to better one’s skills
prospects for promotion
chances to get promoted
to prove one’s ability
to show what one is made of
to work one’s way up to…
to gradually work towards promotion
lucrative
bringing a lot of money
to get your foot in the door
to have a first introduction to a job
a dead-end job
a job with no prospects