Glossary of Business Terms PDF

Document Details

Park Anastasia, Kozibaeva Ulmeken

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business terms business concepts glossary business vocabulary

Summary

This document is a glossary of business terms, defining various business concepts and terms. It's a useful reference guide for businesses, business students, or anyone needing to learn business language.

Full Transcript

# Glossary of Business Terms ## Made by: Park Anastasia, Kozibaeva Ulmeken ### Business Concepts - **Crowdfunding:** Raising money from a large number of people, typically via the internet, to support a project, business, or cause. - **Articulated Lorry:** A large vehicle consisting of a tractor...

# Glossary of Business Terms ## Made by: Park Anastasia, Kozibaeva Ulmeken ### Business Concepts - **Crowdfunding:** Raising money from a large number of people, typically via the internet, to support a project, business, or cause. - **Articulated Lorry:** A large vehicle consisting of a tractor unit and one or more trailers, used for transporting goods. - **Keep Track of Something:** To monitor or record information to ensure it is managed properly. - **Personal Touch:** A unique, personalized approach or detail that adds a sense of care or attention. - **Nomadic Tribe:** A group of people who move from place to place rather than settling permanently in one location. - **Sign Up:** To register or subscribe to a service or event. - **Log In:** To access a computer system or online account by entering credentials. - **Throw Away:** To dispose of something as waste.. - **Take Away:** To remove or take something with you when leaving. - **Turn Into Something:** To transform or change into a different state or form. - **Cut Down On:** To reduce the amount or frequency of something. - **Make Out Of:** To create or form something using specific materials. - **Pick Up:** To collect or retrieve something. - **Pick Out:** To choose or select something from a group. - **Drop Off:** To leave or deliver something at a specific location. - **Process:** A series of actions or steps taken to achieve a particular result. - **Recycling:** The process of converting waste materials into new products. - **Back Up Files:** Creating a duplicate copy of files to protect them in case of data loss or corruption. - **USB Device:** A portable storage device that connects to a computer via a USB port (e.g., flash drives). - **Target Users:** The intended audience or group of people a service or product is designed for. - **Network:** A system of connected devices, often for communication or sharing data. - **Devices:** Electronic tools or gadgets, such as computers, smartphones, or tablets, that are used for various tasks. - **Criminals:** Individuals who engage in illegal activities. - **Internet Security:** Measures taken to protect computer systems and data from online threats, such as hackers or malware. - **Security Firm:** A company that provides cybersecurity services to protect businesses or individuals from cyber threats. - **Frauds:** Deceptive practices meant to gain money or property under false pretenses. - **Cybercrime:** Illegal activities conducted using computers or the internet, such as hacking, identity theft, and online fraud. - **Malware:** Software designed to harm or exploit computers, networks, or devices. - **Accepting an Offer:** To agree to or approve a proposal or offer. - **Rejecting an Offer:** To decline or turn down a proposal or offer. - **Compromising:** Finding a middle ground where both parties give up something to reach an agreement. - **Avoid From Something:** To intentionally stay away from or not engage in something. - **Delegate:** To assign tasks or responsibilities to others. - **Prioritize:** To arrange or deal with tasks in order of importance. - **Evaluate:** To assess or judge the value or quality of something. - **Make Up Your Mind:** To decide on something after consideration. - **Member:** An individual who is part of a group or organization. - **Cooperative:** Working together for a common goal. - **Hierarchical:** A structure where people or things are ranked according to authority or importance. - **Confrontation:** A direct, often hostile clash or disagreement. - **Consensus:** General agreement among a group. - **Consultation:** The process of seeking advice or input before making decisions. - **Democratic:** A system where decisions are made by majority vote or collective agreement. - **Presentation Suite** A designated room or space equipped for giving presentations. - **Warehouse:** A large building for storing goods or products. - **Canteen:** A dining facility at a workplace or school. - **At the Top of Your Game:** Performing at your best, being highly successful. - **To Jam:** To become blocked or stuck, particularly referring to machines like printers. - **Fully-Equipped:** Equipped with all necessary tools, resources, or features. - **Stress-Free:** A relaxed and worry-free environment. - **State-of-the-Art:** The most advanced or innovative in technology, design, or function. - **Futuristic:** Relating to the future, often involving innovative or advanced ideas. - **Fun Environment:** A setting that is enjoyable and entertaining. - **Comfortable:** Providing physical ease and relaxation. - **Open-Plan:** A layout without walls or partitions, encouraging open collaboration. - **Spacious:** Having a lot of space, roomy. - **Hi-Tech:** Involving the latest technology or sophisticated techniques. - **Old-Fashioned:** Outdated or no longer in style. - **Imaginative:** Creative and able to think outside the box. - **Up-to-Date:** Current and reflecting the latest developments. - **Dynamic:** Energetic, characterized by constant change or activity. - **Reliable:** Consistently dependable and trustworthy. - **Sophisticated:** Complex, advanced, and refined. - **Revolutionary:** Involving a complete or dramatic change. - **Reinvention:** The process of making something new again. - **Catalyst:** An agent that accelerates or causes change. - **Original:** New and not derived from anything else. - **Come Up With:** To think of or create an idea or solution. - **Obstacle:** A barrier or hindrance to progress. - **Revolutionize:** To make a dramatic and fundamental change in something. - **Concept:** An abstract idea or general notion. - **Brainchild:** An idea or creation resulting from someone's intellectual work. - **Innovative:** Featuring new and creative ideas or methods. - **Instant Messaging:** Real-time text communication between users. - **Internal Communications:** The exchange of information within an organization. - **Defect:** A fault or imperfection in something. - **Fault:** Responsibility for an error or problem. - **Misunderstanding:** A failure to interpret something correctly. - **Failure:** Lack of success in achieving a goal or desired outcome. - **Go Down:** To stop working or fail, especially for systems or services. - **Resolve:** To find a solution to a problem or conflict. - **Complaint:** A formal expression of dissatisfaction. - **Injury:** Physical harm or damage to a person. - **Damage:** Harm or injury to something. - **Refund:** The return of money, typically for an unsatisfactory product or service. - **Defective :** A flaw or imperfection in a product. - **Breakdown:** A failure in a machine or system to function correctly. - **Manufacturer:** A company that produces goods on a large scale. - **CEO:** Chief Executive Officer; the highest-ranking individual in a company, responsible for overall operations. - **Punctuality:** The quality of being on time. - **Ambitious:** Having strong desire and determination to achieve success. - **Caring:** Showing concern and empathy for others. - **Patience:** The ability to remain calm and not get frustrated, even in difficult situations. - **Motivated:** Driven by a desire to achieve goals. - **Dedication:** Committed to a cause or activity. - **Enthusiasm:** Intense excitement and passion for something. - **Efficient:** Achieving maximum productivity with minimal waste or effort. - **Dependable:** Reliable and trustworthy in fulfilling responsibilities. - **Hard-working:** Putting in significant effort and dedication to tasks. - **Flexibility:** The ability to adapt to new situations or changes. - **Confidence:** Belief in one's own abilities or judgment. - **Renewable Energy:** Energy generated from natural resources like wind, sunlight, or water, which are sustainable. - **Urban Design:** The planning and design of cities and urban spaces. - **Refurbish:** To renovate or restore something to a better condition. - **Comply With:** To follow or adhere to rules, regulations, or laws. **Jurisdiction:** The authority of a legal body to make decisions within a specific area or subject. - **Regulations:** Rules or directives set by authorities to control or manage specific activities. - **Legislation:** Laws enacted by a governing body. - **Sustainability:** The practice of using resources in a way that meets present needs without compromising future generations' ability to meet theirs. - **Environmental Consultancy:** Expert advice on how businesses can reduce their environmental impact. - **Green Appeal:** The attractiveness of a product or service due to its eco-friendly or sustainable qualities. - **Public Transport:** A system of transportation (e.g., buses, trains, subways) available for public use. - **Specialties:** Unique products, services, or features that are offered by a business or location, often reflecting local or expert knowledge. - **Excursion:** A short trip or outing, usually for leisure or educational purposes. - **Sightseeing:** The act of visiting and exploring places of interest in a given location. - **Facilities:** The amenities, equipment, or services provided at a venue or location. - **Auditorium:** A large room or hall used for gatherings, performances, or presentations. - **Delegates:** Participants or representatives attending an event, conference, or meeting. - **Exhibition Center:** A venue or space used for displaying products, services, or information at events, trade shows, or fairs - **Interrupt:** To stop or disturb a process or activity temporarily. - **Deal With:** To manage or address a problem, issue, or task. - **Upgrade:** To improve or update software, hardware, or systems to a newer or more efficient version. - **Back Up:** To create a duplicate copy of data or files to prevent loss in case of failure - **Compromised:** When security or data has been breached or exposed to unauthorized access. - **Drop Off:** To deliver someone or something to a specific location, such as at the airport or a meeting point. - **Check-In:** The process of registering or confirming arrival, typically at hotels or airports. - **Pick Up:** To collect or gather something or someone, often referring to transportation - **Cultural Expectation:** Anticipated behaviors or practices based on cultural norms or traditions. - **Slippers:** Comfortable footwear typically worn indoors. - **Hospitable:** Friendly and welcoming, especially towards guests or visitors. - **Badge:** A small identification or symbol worn to indicate membership or role at an event. - **Venue:** The location or place where an event, such as a meeting or performance, takes place. - **Delegates:** Individuals chosen to represent or act on behalf of a group, often in conferences or events. - **Organigram:** A diagram that shows the structure of an organization and the relationships between its positions or departments. - **Frontline Staff:** Employees who interact directly with customers or the public. - **Upside Down Management:** A management style where power or decision-making authority is decentralized and frontline staff have more influence. - **Turnover:** The total sales or revenue of a business in a given period; also refers to employee turnover, the rate at which employees leave and are replaced. - **Stock In:** To receive and add new goods or products into inventory. - **Appointment:** A scheduled meeting or arrangement to meet with someone. - **Convenient:** Easy to use or access, causing little trouble or effort. - **Arrange:** To organize or plan something, such as an event or meeting. - **Expectation:** A belief or anticipation of what should happen or be provided. - **Commitment:** A firm dedication or obligation to a task, goal, person, or principle. - **Encouragement:** The act of giving support, confidence, or hope to someone. - **Transferable Skills:** Abilities or talents that can be applied across various jobs, roles, or industries. - **Available:** Refers to something that is accessible, ready for use, or obtainable. - **Supplier:** An individual or organization that provides goods or services to another entity, typically a business or consumer. - **Newsfeeds:** Streams of news updates or content that provide users with the latest information, articles, or posts from various sources, often organized in a continuous, chronological order. - **Cloud Storage:** A technology that allows users to save, access, and manage data over the internet on remote servers rather than on a local device. - **Efficient:** The ability to accomplish a task or achieve a result with minimal wasted time, effort, or resources. - **Time Consuming:** Task, process, or activity that requires a large amount of time to complete. - **Enable:** To make something possible or to give someone or something the ability or means to do something - **Warehouse:** Is a large building or facility where goods, materials, or products are stored before they are distributed, sold, or used. - **Convince:** To persuade them to believe or agree with an idea, opinion, or course of action. - **Abandoned:** Left behind, deserted, or no longer maintained or cared for. - **Brochure:** Is a small booklet or pamphlet that provides information about a product, service, event, or organization. - **Coordinate:** To organize, arrange, or manage different elements or activities so that they work together effectively. - **Employment Law:** Refers to the body of laws and regulations that govern the relationship between employers and employees. - **Representative:** Is a person chosen or appointed to act, speak, or make decisions on behalf of a group, organization, or individual. - **Campaign:** Is a coordinated series of activities or efforts aimed at achieving a specific goal, often related to promoting a cause, product, idea, or individual. - **Keeping in Contact:** To maintaining communication or connection with someone over time, whether through phone calls, emails, text messages, social media, or in-person interactions. - **Circumstance:** To a condition, fact, or event that influences or determines a situation or outcome. - **Negotiation:** Is a process in which two or more parties communicate and attempt to reach a mutually agreeable solution or outcome. - **Cybercrime:** Refers to criminal activities that are carried out using computers, networks, or the internet. - **Non-Profit Organization:** Is an organization that operates to serve a public or community purpose rather than to make a profit for owners or shareholders. - **Report:** A structured document that presents information on a particular subject, event, or issue. - **Packing:** Refers to the process of preparing items for storage, transportation, or shipping by placing them into containers, boxes, or other materials to protect and organize them. - **Confirm:** To verify, acknowledge, or affirm that something is true, accurate, or has been agreed upon. - **Update:** To bring something up to date, refresh information, or make changes to reflect the latest data, developments, or circumstances. - **Scenario:** A hypothetical or real situation or sequence of events, often used to describe or explore potential outcomes or decisions. - **Secure:** To make something safe, protected, or free from harm, danger, or risk. - **User-Friendly:** Refers to a product, system, or interface that is easy to use, intuitive, and accessible for users, regardless of their experience or expertise. - **In Charge of:** Having responsibility or control over a particular task, project, or group - **Charity:** Refers to the voluntary giving of resources (such as money, goods, or time) to help those in need or support a specific cause. - **Fundraising Project:** Is an organized effort aimed at raising money or resources for a specific cause, organization, or initiative. - **Freelance:** Refers to a type of work arrangement where individuals offer their skills and services to clients on a project-by-project basis, rather than being employed full-time by a single company. - **Paternity:** Refers to the state of being a father or the legal recognition of a man as the father of a child. - **Work-Life:** Refers to the balance between the time and energy devoted to one's work or career and the time spent on personal activities, relationships, and well-being. - **Headquarter:** Refers to the main office or central location from which an organization, company, or institution operates and is managed. - **Spammer:** Someone who sends unsolicited or irrelevant messages, often in bulk, typically for the purpose of advertising, phishing, spreading malware, or simply to annoy recipients. - **Back Up:** Someone who sends unsolicited or irrelevant messages, often in bulk, typically for the purpose of advertising, phishing, spreading malware, or simply to annoy recipients. - **Upgrade:** Refers to the process of creating a copy of important data, files, or systems to protect against data loss or damage. - **Maternity Leave:** Is a period of time that a mother takes off from work following the birth or adoption of a child. - **Sick Leave:** Type of leave from work that allows employees to take time off when they are ill, injured, or otherwise unable to perform their duties due to health reasons. - **Complain:** To express dissatisfaction, annoyance, or a grievance about something, typically in response to a problem or unmet expectation. - **Retailer:** Is a business or individual that sells goods or services directly to consumers, typically in small quantities, for personal or household use.

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