Lesson 10 - The Best Way to Say 'I Quit' Flashcards
to be unable to reach a top position in an organization due to discrimination (being treated unfairly because one is a women or a minority)
TO HIT THE GLASS CEILING
Feeling that she had hit the glass ceiling at the bank, Helen quit to start her own financial consulting business.
when men in an organization help each other by exchanging advice and information (to the disadvantage of those not included in this group)
OLD-BOY NETWORK
The women at the bank formed a mentoring program just for women to counter the company’s old-boy network.
to say no to
to reject
TO TURN DOWN
The vice president turned down Chad’s request to move from the finance to the marketing department, explaining that there were already too many people in marketing.
to tell an employer that one is leaving the organization
TO GIVE NOTICE
Josh gave notice today, saying that he was going to be leaving the company to get an MBA at Wharton.
1) to start something new (often something risky)
2) to get married
TO TAKE THE PLUNGE
- Jason took the plunge and quit his job to pursue his dream of starting his own biotech company.
- We just got a wedding invitation from Rob. He’s finally taking the plunge.
when someone cannot discuss a new product or service because they don’t want potential competition to find out about it
IN STEALTH MODE
Our company is working on a new line of cell phones, but I can’t discuss it further because we’re in stealth mode.
new
untested
just getting started
FLEDGLING
Phil runs his fledgling energy company out of his house right now. Once he raises money from investors, he’ll rent some office space and hire an assistant.
a risk that one has carefully thought about, weighing the possible costs and benefits
A CALCULATED RISK
We’re taking a risk by buying a software start-up for $10 million. However, it’s a calculated risk because our research indicates that there will be big demand for the company’s products in the future.
a company’s plan to make money to survive and grow
the way a company makes money, including its product offerings, organizational structure, and operations
BUSINESS MODEL
The investment analyst praised VistaPrint’s business model of selling customized office stationery at low cost over the Internet.
money provided to get a new company started.
VENTURE FUNDING
Eric just got $1 million in venture funding to get his new battery company started.
to arrange
to schedule
TO LINE UP
Rebecca was asked to line up someone to do her job while she was on maternity leave.
to say no to something
to reject an offer
TO PASS UP AN OPPORTUNITY
After hearing EnerCo’s exciting presentation, I just couldn’t pass up the opportunity to invest in the company.
to get into a business just as it’s starting out
to be one of the first employees of a new company
TO GET IN ON THE GROUND FLOOR
Charles left his job at Microsoft to get in on the ground floor of a new software company.
