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orientation
the particular things that a person prefers, believes, thinks, or usually does
ex:the university’s increasing orientation toward applied sciences
structure
an organization or system that is made up of many parts that work together
ex: They're going to streamline the management structure to reduce costs
diversify
to start to include more different types or things:
ex: I think the brand is strong enough to diversify into financial services
globalize
to make a business begin operating all over the world
ex: The economy will continue to globalize.
innovate
to introduce changes and new ideas
ex: The fashion industry is always desperate to innovate.
renovating
to repair and improve something
ex: The museum is closed for renovation
upgrading
to make a computer or other machine more powerful or effective
ex: We are upgrading our computer systems
constructing
to build something or put together different parts
ex: The walls are constructed of concrete.
expectancy
a feeling that something good or exciting is soon going to happen
This machine has a life expectancy of 10 years
premium
an amount of money that you pay regularly for an insurance policy
ex: This insurance company offers lower premiums.
advantage
put in a favorable or more favorable position.
companies with a computerized database are at an advantage
distribution
the action of sharing something out among a number of recipients
ex: The distribution of our products is managed from the headquarters.
consignment
an amount of goods that are delivered
ex: The furniture company ordered a consignment of screws.
transaction
the action or process of buying or selling something
ex: This method makes international transactions easier.
supervise
to be in charge of a person or group of people and to check that they are behaving or working correctly
ex: To ensure quality, production is constantly supervised.
allocate
distribute (resources or duties) for a particular purpose.
"in past years we didn't allocate enough funds to infrastructure maintenance
ex: The company allocates funds for research projects.
finance
decisions on how money is spent or invested
the commercial activity of providing funds and capital
ex: We have to find somebody to finance the project.
auditors
someone whose job is to officially examine the financial records of a company
ex: The auditors will need to check all supporting documents.
accountants
someone whose job is to prepare financial records for a company or person
ex: Two accountants must double check every incoming invoice.
receivers
an official put in charge of a business that has financial problems by a court
Between July and September, a total of 1,059 firms called in the receiver.
feedback
Ones opinion to improve upon
ex: The feedback we have received from our customers regarding our new supper menu has been very positiv
reputation
the beliefs or opinions that are generally held about someone or something.
"his knowledge of his subject earned him a reputation as an expert
awareness
Knowlege over a situation
ex We need to raise awereness about ransomware
grant
Agree to give or allow
ex: I grant you permission to enter the room
statement
Ones opinion
ex: He made a strong statement against cryptographic laws
tender
Bid or offer for things
ex: We gave in the tender for the project
deposit
Money paid into a bank
ex: He deposited some money in the bank
deficit
Amount of money that is too small
ex: He had a deficit in his bank account and couldn't buy the new PC he wanted
debit
remove an amount of money from (a bank account).
"cash terminals automatically debit a customer's bank account
an entry recording a sum owed, listed on the left-hand side or column of an account.
ex: The money was booked on the debit side of the account.
launching
Starting something
ex: We launched our new productline this year
establishing
To create something
"the scheme was established in 1975"
negotiating
Overcome a obstacle or finding agreements in a discussion.
We were negotiating the terms of the contract so both parties can accept it.
pending
Something is about to happen or awaiting a decision
Is the new product finished yet, no it’s still pending
oustanding
Something is exceptionally good or not yet paid, resolved, or dealt with.
You still have outstanding payments.
overdrawn
To draw money from a bank account in excess of what the account holds
I overdrew my bank account to buy a computer even though I didn't have that much money.
third-party
A person or group besides the two primarily involved in a situation
There is no need for a third party to be involved.
black market
An illegal traffic or trade in officially controlled or scarce commodities
They plan to sell the kindeys on the black market
own-brand
A product manufactured specially for a retailer and bearing the retailer's name.
My dogs eat the supermarket's own-brand products.
capacity
The maximum amount that something can contain
The capacity of the freezer is 50 litres.
commuting
Travel some distance between one's home and place of work on a regular basis.
He has been commuting to London on a weekly basis for four years.
