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IELTS Business Vocab
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What LOGO is this? Do you think its a good LOGO for its' business?
NIKE
What LOGO is this? Do you think its a good LOGO for its' business?
RED BULL
What LOGO is this? Do you think its a good LOGO for its' business?
MC DONALDS
What LOGO is this? Do you think its a good SLOGAN for its' business?
STARBUCKS
What LOGO is this? Do you think its a good SLOGAN for its' business?
NETFLIX
What LOGO is this? Do you think its a good SLOGAN for its' business?
Lego
What logo is this? Do you think its a good logo for its' business?
Instagram
What logo is this? Do you think its a good logo for its' business?
Apple
What logo is this? Do you think its a good logo for its' business?
Android.
Whats an investment?
the act of putting money, effort, time, etc. into something to make a profit or get an advantage, or the money, effort, time, etc
What are savings?
the money you keep, esp. in a bank or other financial organization to pay for something in the future
What do we call this "someone or something that lends money, especially a large financial organization such as a bank"
a LENDER
What is a borrower?
a person or organization that borrows something, especially money from a bank
What does "to go bust" mean?
informal : to spend or lose all of one's money : to go broke The company has gone bust.
What does it mean to "go bankrupt"?
unable to pay what you owe, and having had control of your financial matters given, by a law court, to a person who sells your property to pay your debts
what is a law?
a rule, usually made by a government, that is used to order the way in which a society behaves
What is a regulation?
an official rule or the act of controlling something
WHAT IS A MORTGAGE?
an agreement that allows you to borrow money from a bank or similar organization, especially in order to buy a house, or the amount of money itself:
What is a LOAN?
an amount of money that is borrowed, often from a bank, and has to be paid back, usually together with an extra amount of money that you have to pay as a charge
WHAT IS A RECESSION?
a period when the economy of a country is not successful and conditions for business are bad
the finances or financial situation of an organization or individual is called
FINANCIAL
When an organisation is unable to honour its financial obligations or make payment to its creditors, it files for
bankruptcy
What does it mean to APPLY FOR A LOAN?
an application to borrow money from the bank, school, work etc
Do we SHUT or CLOSE a deal in business?
CLOSE
_ _ _ _ _ _ _ _ _ _ _ _ the information or numbers indicating how many products have been sold.
SALES FIGURES
What is time management?
the ability to use one's time effectively or productively, especially at work.
Is it customer SATISFACTION or HAPPINESS?
SATISFACTION
WHAT IS A TARGET MARKET?
a particular group of consumers at which a product or service is aimed.
Do we HAVE or MAKE a profit?
MAKE
What does "business opportunity" mean?
is a packaged business investment that allows the buyer to begin a business
LAUNCH or TRIGGER a new product?
LAUNCH
_________ ___________ refers to all stages involved in bringing a product from concept or idea through market release and beyond.
PRODUCT DEVELOPMENT
Market ____________ is the activity of collecting and studying information about what people want, need, and buy.
RESEARCH