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Business idioms and vocabulary
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to think outside the box
Encourage creative and innovative thinking.
to hit the ground running
Start a project or task quickly and efficiently.
cutting-edge
Refers to the latest and most advanced technology or ideas.
The ball is in your court
It's now your responsibility or decision.
In the red
Operating at a financial loss.
Get the ball rolling
Start a project or process.
Make a long story short
Summarize something briefly.
Go the extra mile
Put in extra effort to achieve success.
Turn a blind eye
Deliberately ignore something, often a problem.
Bottom line
The most important aspect or result.
KPI
(Key Performance Indicator): Metrics used to evaluate the success of a project or company.
ROI
(Return on Investment): A measure of the profitability of an investment.
SWOT analysis
A structured planning method for evaluating a project's strengths, weaknesses, opportunities, and threats.
Value proposition
The unique benefit a product or service offers to customers.
B2B
(Business-to-Business): Companies that sell to other businesses rather than consumers.
B2C
(Business-to-Consumer): Companies that sell directly to individual consumers.
Stakeholder
Individuals or groups with an interest in the success of a project or organization.
Synergy
The combined effectiveness of individuals or entities working together.
Market segmentation
Dividing a market into distinct groups of potential customers.
M&A
(Mergers and Acquisitions): The consolidation of companies through various financial transactions.
Let's touch base later to discuss progress.
This idiom means to reconnect or have a brief discussion to update each other on a particular situation or project.
We should brainstorm new ideas for the upcoming project.
"Brainstorm" means to generate creative and spontaneous ideas and solutions through group discussion and collaboration.
Our team needs to align our efforts for a seamless collaboration.
To "align efforts" means to coordinate or synchronize the actions and goals of team members to work together smoothly and efficiently.
I'll provide a status update on the client's project shortly.
A "status update" is a report or summary of the current progress, developments, or situation of a particular project or task.
We need to iron out the details of the contract before finalizing.
To "iron out" means to resolve or work through any issues, problems, or uncertainties in a contract, agreement, or plan to make it smooth and trouble-free.
The new product launch is right around the corner.
"Right around the corner" indicates that something is very close or imminent, in this case, referring to an upcoming product launch.
I'm confident that our proposal will resonate with the client.
To "resonate with" means to have a strong and positive impact or connection with someone, in this case, the client, suggesting that the proposal will be well-re
I have a few insights to share from our latest market research.
"Insights" refer to valuable and deep understandings or perspectives gained from a specific activity, in this case, market research. The speaker is indicating t