Future Learn Flashcards
Adapt (to)
To change your behaviour in order to deal more successfully with a new situation
Asset
An asset is something a business owns that is valuable and which can result in income. It might be money, but can also be things like cars, factories, or even good staff
Audience
The people you are speaking to, or the customers you would like to communicate with
Automation
Using self-operating equipment, electronic devices, etc. to replace human beings in doing routine or repetitive work
Balance Sheet
A balance sheet is a financial statement that reports a company’s assets, liabilities and shareholders’ equity at a specific point in time
Bedding-in
To bed in means to make or become settled and able to work efficiently in harmony
Behaviour
The way people act
Body language
The movements or positions of your body that show other people how you are feeling, without using words
Bricks and mortar stores
Traditional shops you can see in any city or village - different from shops which are only online
Business is taking off
To take off is to really succeed
Capacity
Someone’s ability to do a particular thing
Capital
Wealth or property that is owned by a business or a person and can be invested or used to start a business
Cash flow
The flow of cash into and out of a business. Money actually received or paid out by the business.
Change management
The expression used to talk about all approaches to prepare, support, and help individuals, teams, and organizations in making organizational change
Competitor
A person, team, or company that is competing against others
Complain (to)
To say that you are not happy with a situation or something that has happened
Concise
Something that is concise says everything that is necessary without using any unnecessary words
Convenient
Near or easy to get to or use
Cover a shift (to)
A shift is the time spent working during a day. To cover somebody’s shift means to work in their place because they are unable to work.
Credit
A method of paying for goods or services at a later time. Trade credit means that the person you buy goods from agrees to take payment later, not immediately.
Cryptocurrency
Cryptocurrencies are digital currencies. The best-known example is called Bitcoin
Data breach
When somebody loses computer data, or it is stolen by hackers, experts call this a data breach
Data protection
Legal controls that keep information stored on computers private and that limit who can read it or use it
Debit
(A record of) money taken out of a bank account
Debt
Debt is money a business or a person owes. Debt is not necessarily bad - many successful entrepreneurs built their business by borrowing money, which they then paid back.
Demand
If someone or something is in demand or in great demand, they are very popular and a lot of people want them
Dos and don’ts
The things you should do, and the things you should not do
Equity
The value of the shares issued by a company
Exchange (to)
The act of giving something to someone and them giving you something else
External environment
The conditions that you live or work in
Eye contact
When you look somebody in the eye, you make ‘eye contact’
Factors of production
Everything used in the production process to produce output — that is, finished goods and services
Finance (to)
To provide the money needed to start or expand a business