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”
tenet
a principle or belief, esp. one of the main principles of a religion or philosophy.
“the tenets of classical liberalism”
year over year
Compared to the same time period in the previous year
clutter
crowd (something) untidily
“the room was cluttered with his bric-a-brac (miscellaneous objects and ornaments of little value.)”
overhaul
take apart (a piece of machinery or equipment) in order to examine it and repair it if necessary. "the steering box was recently overhauled"
afoot
in preparation or progress; happening or beginning to happen.
“plans are afoot for a festival”
