News 140306 Flashcards
last-ditch
denoting a final, often desperate attempt to achieve something.
“a last-ditch effort to break the deadlock”
synonyms: last-minute, last-chance, eleventh-hour,
ex: The end-to-end reinvention of a business is often seen as a last-ditch undertaking
end-to-end
A term used in many business arenas referring to the beginning and end points of a method or service. An example of end-to-end processes include directly connecting buyers and sellers in the ecommerce arena or in manufacturing.
ex: The end-to-end reinvention of a business is often seen as a last-ditch undertaking
disgruntled
angry or dissatisfied.
ex: disgruntled customers
nimble
quick and light in movement or action; agile
ex; a host of increasingly nimble challengers
turf
informal) an area regarded as someone’s personal territory; one’s home ground.
ex: retailers find their traditional turf under attack
formidable
inspiring fear or respect through being impressively large, powerful, intense, or capable.
ex: branding and familiarity are formidable forces
assortment
a miscellaneous collection of things or people.
“the room was filled with an assortment of clothes”
deft
neatly skillful and quick in one’s movements.
ex: a host of deft competitors
fickle
changing frequently, esp. as regards one’s loyalties, interests, or affection.
customers are fickle
ill-prepared
not ready or prepared for something.
amass
gather together or accumulate (a large amount or number of valuable material or things) over a period of time.
ex: one retailer amassed a war chest of more than 200m euro
war chest
a reserve of funds used for fighting a war
ex: one retailer amassed a war chest of more than 200m euro
tailwind
a wind blowing in the direction of travel of a vehicle or aircraft; a wind blowing from behind.
ex: the retailer generated an even stronger tailwind by launching a number of actions to drive like-for-like sales in the near term
like-for-like sales
A comparison of this year’s sales to last year’s sales in a particular company, taking into consideration only those activities that were in effect during both time periods. Like-for-like sales is a method of valuation that attempts to exclude any effects of expansion, acquisition or any other event that artificially enlarge a company’s sales.
markdown
a reduction in price.
“markdowns of up to 50 per cent on many items”
