Business and Management

the act of buying or obtaining something, especially something that is valuable

The company announced its acquisition of a smaller competitor to expand its market share.

a second university degree in business management

She completed her Master of Business Administration degree at Harvard Business School.

to make a connection between someone or something and another in the mind

Many people associate the smell of freshly baked cookies with warmth and home.

a store, person, or business that sells goods to the public for their own use, not for resale

The retailer sells a variety of products, including clothing, electronics, and household goods.

(economics) an unprocessed material that can be traded in different exchanges or marketplaces

Oil has long been a highly valued commodity on the global market, influencing economies and politics.

goods offered for sale or the ones bought or sold

The store's merchandise includes clothing, accessories, and home decor items.

marked by mutual assistance or shared effort toward a common goal

The rescue was a cooperative effort between local police and firefighters.

to perform an official examination or review of a company's financial records or accounts to ensure accuracy and compliance

The accountant audited the company's financial records to ensure compliance with tax regulations.

the difference between the needed amount that is higher than the available amount, especially money

The government faced a budget deficit due to increased spending and decreased revenue.

a sum of money paid or spent

The company's annual expenditure on research exceeded expectations.

a list of goods or services received and their total cost

The vendor sent an invoice to the client for the goods delivered.

the boundary line of an area or the space immediately inside that boundary

The gardener planted flowers along the margin of the path.

a pastry made by folding dough over a sweet or savory filling, then baking or frying

She baked apple turnovers for breakfast.

to stop fighting something or someone

After hours of intense debate, the opposition party decided to yield and support the proposed legislation.

a company

The family-owned enterprise has been in operation for over three generations.

a legal or contractual permission granted by a company to an individual or group, allowing them to market, sell, or distribute its products or services within a defined territory

The company granted him a franchise to operate in the northern region.

the act or process of launching something

The start-up of the new program took longer than expected.

used after the name of a company to indicate that its owners are not legally responsible for all the money that the company owes but only to the amount they have invested in it

XYZ Ltd is a limited company registered under the Companies Act.

to undertake a risky or daring journey or course of action

It took courage for the astronauts to venture into outer space where one small error could prove fatal.

the barrier in the middle of a court over which players hit the ball, used in sports such as tennis

The tennis player's powerful serve sent the ball over the net and into the opponent's court.

to include something as part of a larger whole or system

The new design will incorporate feedback from various stakeholders to ensure satisfaction.

related to managing or supervising tasks, resources, or personnel within an organization

Her managerial skills include delegation, problem-solving, and team leadership.

(of a business) providing benefits or valuable returns

The new marketing strategy proved highly profitable, increasing the company's revenue by 20% in just six months.

to be responsible for a company, organization, etc. and manage its affairs, including financial matters

The CEO diligently administers the company, overseeing its overall operations and strategic direction.

near in distance

The close proximity of the two houses made them ideal for neighbors.

to combine and create one whole

The two companies decided to merge, forming a larger and more competitive organization.

to draw public's attention to something by giving information about it as an act of advertisement

The company hired a marketing team to publicize its new product through various media channels.

to begin to be in charge of something, often previously managed by someone else

He hopes to take over the leadership role and guide the team to success.

to obtain legal ownership and protection for an invention or innovation

After years of hard work, the scientist was finally able to patent her novel medical discovery.

a large boat, used for carrying passengers or goods across the sea

The captain navigated the ship through rough waters with skill and expertise.

a large place in which raw materials or produced goods are stored before they are sold or distributed

The company rented a warehouse to store their excess inventory during peak production seasons.

functioning and ready for use

The new software system is now fully operational.

the process of presenting a favorable public image of a person, firm, or institution

The company's public relations team worked tirelessly to manage the fallout from the recent scandal.