What Transparency Really Means in Business

Question 1

Harmful

Answer 1

adjective

Something that would cause harm / damage

_{The solution to this problem could be quite harmful.}

_{We should try to eliminate any harmful side effects.}

Question 2

Transparency

Answer 2

noun

Something is open with no secrets

_{We are trying to have as much transparency as possible.}

_{I don’t think there is enough transparency in that department.}

Question 3

Context

Answer 3

noun

A situation in which something happens, and that can help explain it

_{His speech gave some context to the problems we are currently facing.}

_{I would like you to provide me with some context please.}

Question 4

Keep someone in the loop

Answer 4

verbal phrase

To keep someone informed of new developments

_{Please keep me in the loop if there are any further developments.}

_{She asked us to please keep her in the loop.}

Question 5

Stay afloat

Answer 5

verbal phrase

A company having just enough money to pay their debts and continue operating

_{We need to make at least ¥3M this month to stay afloat.}

_{They did not make enough to stay afloat last year and had to close.}

Question 6

Break even

Answer 6

verbal phrase

A situation where the profits are equal to the costs

_{If we can sell the house we might be able to break even.}

_{We have just enough to break even this month.}

Question 7

Minutia

Answer 7

noun

The small details of something

_{The IA team went through every minutia of their finances.}

_{We should try to ignore the minutia of this issue and focus on the bigger picture.}

Question 8

Scrimp and save

Answer 8

idiom

To spend as little money as possible

_{They have been trying to scrimp and save the whole year.}

_{We might need to scrimp and save on every expense.}

Question 9

https://www.youtube.com/watch?v=CzQCcpS2NZE&t=1s