Meetings 2, idioms Flashcards
Double-edged sword
Something that has both positive and negative consequences
E.g., Implementing automation in the workplace can be a double-edged sword; while it increases efficiency, it may also lead to job displacement.”
Red tape
Annoying administrative procedures that get in the way of efficiency
E.g., The company’s expansion plans were delayed due to government red tape, involving numerous permits and approvals.
Push the envelope
To go beyond boundaries or limits; to innovate or take risks.
E.g., The technology startup aims to push the envelope in artificial intelligence research
Game plan
A strategy or plan of action to achieve a specific goal.
E.g., The marketing team developed a comprehensive game plan to launch the new product successfully
Hedge your bets
To reduce the risk of loss, often through diversification
E.g., Investors often hedge their bets by diversifying their portfolios with different assets.
Cash cow
A reliable source of income, usually not requiring much effort.
E.g., The company’s flagship product has become a cash cow, generating steady revenue year after year.
Throw in the towel
To give up or surrender
E.g., After years of struggling to compete in the market, the startup decided to throw in the towel and close its doors.
Cut corners
To take shortcuts to save time or money (often negative)
e.g., The construction company’s decision to cut corners led to a decrease in building quality, resulting in safety concerns.