by PushtoLearn
Unit 9
Table of Contents
Unit 9, Business Result Upper-Intermediate (2nd) Exercises and Flashcards
Wordlist for Unit 9, Business Result Upper-Intermediate (2nd)
Word | Definition | Example |
absolutely | totally | My parents were absolutely fantastic to me when I was at university |
ages | a very long time | I haven't seen you for ages |
anyway | used to give a more important reason for something that you are saying | Anyway, what have you been up to? |
acquaintance | someone you know, but do not know well | I met an old business acquaintance at last week's trade fair |
be up to | to be doing or planning something | What have you been up to lately? |
business model | a description of the different parts of a business or organization showing how they will work together successfully to make money | Pop-ups can form part of a serious business model nowadays |
business venture | risky business project | They asked for financial assistance with a business venture |
chat about | talk about | Let's chat about that over dinner |
completely | in every way, totally | It's completely outrageous |
decide on | to choose something or someone after careful thought | That isn't something I can decide on right now |
demand | the desire of consumers, clients, employers, etc. for a particular commodity, service, or other item | We have seen demand for our products grow steadily |
details | information such as an address and phone number | Send me the details and I'll let you know what I think |
downside | the negative aspect of something otherwise regarded as good or desirable | The downside is that they will want a share of the profits |
extremely | more than very | Some of my fellow students were extremely helpful |
financial backing | financial support | Jam Jar Investments gives financial backing to new businesses |
gap in the market | an opportunity to produce something that is not yet available but that people would like to have | In 1999 three friends saw a gap in the drinks market |
in contact | regularly meet them or communicate with somebody | It's been a long time since we've been in contact |
in touch | if you are in touch with someone, you speak or write to them regularly | Could you put me in touch with Mr Patel? |
incredibly | extremely | It was incredibly difficult to persuade them |
investment fund | a company that invests in shares, bonds, etc. for investors | The owners set up an investment fund called 'Jam Jar Investments' |
niche market | a small, specialized market for a particular product or service | We operate in a niche market of highly-specialized products |
on a consultancy basis | providing specific services and giving expert advice | We hire specialists on a consultancy basis as and when we need them |
pop-up stall | a retail store that is opened temporarily to take advantage of a faddish trend or seasonal demand | They sold their drinks from a pop-up stall at a music festival |
return on somebody's investment | the profit from an activity for a particular period compared with the amount invested in it | The three founders saw an immediate return on their investment |
sound | to seem good, interesting, strange, etc. from what is said or written | It sounds as an interesting proposal |
start-up capital | money to start a business | Our pop-up store generated quick sales to help with start-up capital |
still | used to emphasise that something continues to happen | Are you still living in Manchester? |
temporary outlet | store set up for a limited period of time | A pop-up is defined as a temporary outlet |
think about | to have thoughts | I'll certainly think about it |
totally | completely | The rents in most places were totally ridiculous |
treat | to behave towards someone or something in a particular way | How's life treating you? |
turn over | to make a particular amount of money from sales in a particular period | The business now turns over £100 million a year |
venture capitalist | a person or financial organization that invests in new businesses, especially ones that involve risk | It's best not to have to rely on investment from a venture capitalist |
with something in mind | do smth with that thing as your aim or as the reason or basis for your action | With that in mind, maybe I could ask you a favour |
would-be entrepreneurs | people who want to start their business | It's a success story that brings hope to all would-be entrepreneurs |