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Sunday, November 3, 2024

Key Business English Vocabulary

Here's a list of key business English phrases and terminology, categorized by common business contexts:

General Business

  • Key Phrases:

    • "Let's touch base" - To have a brief meeting or conversation
    • "Going forward" - In the future
    • "At the end of the day" - Ultimately
    • "Bottom line" - The most important point
    • "Thinking outside the box" - Creative thinking
    • "To brainstorm" - To generate ideas
    • "To touch base" - To have a brief meeting or conversation
  • Terminology:

    • KPI: Key Performance Indicator
    • ROI: Return on Investment
    • SWOT analysis: Strengths, Weaknesses, Opportunities, Threats
    • P&L: Profit and Loss statement
    • CEO: Chief Executive Officer
    • CFO: Chief Financial Officer
    • COO: Chief Operating Officer
    • HR: Human Resources

Meetings and Presentations

  • Key Phrases:

    • "Let's kick off" - To start a meeting
    • "To wrap up" - To finish a meeting
    • "To move on" - To proceed to the next topic
    • "To touch base" - To briefly discuss something
    • "To follow up" - To continue a discussion or task later
  • Terminology:

    • Agenda: A plan for a meeting
    • Minutes: A written record of a meeting
    • Slide deck: A set of slides used in a presentation

Negotiation and Sales

  • Key Phrases:

    • "Let's meet you halfway" - To compromise
    • "The ball is in your court" - It's your turn to make a decision
    • "To close the deal" - To finalize a deal or sale
    • "To win-win situation" - A situation where both parties benefit
  • Terminology:

    • Sales pitch: A persuasive speech to sell a product or service
    • Upselling: Persuading a customer to buy a more expensive product or service
    • Cross-selling: Selling additional products or services to an existing customer
    • Cold calling: Calling potential customers without prior contact

Email Communication

  • Key Phrases:

    • "I hope this email finds you well" - A common greeting
    • "Please let me know if you have any questions" - A polite closing
    • "I look forward to hearing from you" - A common closing
    • "I'm CC'ing [person's name] on this email" - Informing someone of an email
  • Terminology:

    • CC: Carbon copy - Sending a copy of the email to someone
    • BCC: Blind carbon copy - Sending a copy of the email to someone without the other recipients knowing

Remember:

  • Context is key: The specific words and phrases you use will depend on the situation.
  • Practice regularly: The more you practice, the more confident you'll become.
  • Learn from native speakers: Pay attention to how native speakers use language in business settings.
  • Use a dictionary and thesaurus: These tools can help you find the right words to express yourself.

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By Jerry Ramonyai


80/20 Rule: Social Growth, Leadership, Management, Self Improvement, Success, Interpersonal Skills,TR6 Communication, Personality, Effectiveness, Intelligence, Mindfulness and Relationships.






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