ESL Jobs - ESL, EFL, TEFL, TESOL Teaching Jobs
  • FREE Weekly ESL Jobs
  • ESL, EFL, TESL, TEFL -- Get weekly updates of the Hottest New Jobs direct to your inbox as well as easily apply to new openings!
  • Enter your Email:

ESL Jobs Forum
"Where New and Seasoned ESL Professionals Come Together To Network . . . Share. Listen. Learn."

 FAQIndex    FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups      RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 

Useful Vocabulary for Business Executives - from M to Z

 
Post new topic   This topic is locked: you cannot edit posts or make replies.    ESL Jobs Forum Forum Index -> ESL to Adult Learners...
View previous topic :: View next topic  
Author Message
englishlci



Joined: 01 Oct 2009
Posts: 48

PostPosted: Wed Apr 14, 2010 4:48 pm    Post subject: Useful Vocabulary for Business Executives - from M to Z Reply with quote

Weíre going to go over the meaning of some business-related words. If youíre a business executive and currently attending an ESL school itís important that you review them once in a while so you donít lose track of their subtleties, since these words are the basic substance of your communication. We hope the following list helps you keep your English fluent and robust. Good luck!

Marketing - The study of markets and their behavior, based mainly on statistical research, with the aim to promote, sell and distribute a product or service. Marketing mixes a wide range of practices that include advertising, publicity, promotion, pricing, and overall packaging of the goods or services.

Merger - A fusion of two previously separate corporations into a new legal entity. Previous businesses are dissolved and their assets and liabilities moved into the rising entity.

Multi-level Marketing (MLM) - A business in which a personís source of income isnít limited to their own sales, but also proceeds from the sales made by people they have recruited, and also by people recruited by recruited people, and so on.

Network Marketing - A business built and sustained by a distribution network. Usually, such businesses are also MLM (see above).

Networking Ė As the name suggests, itís a way of developing relationships in order to gain knowledge and grow your business base.

Outsourcing Ė When a company uses services from another business, such as accounting, payroll, IT, advertising.

Partnership - A business made up of two or more individuals legally regarded as a group of owners rather than a single entity.

Patent - A document stating that a certain idea or concept belongs to someone (inventor), and grants the inventorís rights to exclude others from making, using, offering for sale, or selling the invention for a limited time.

Public Relations (PR) - The deliberate promotion of a specific image for a business. Not to be confused with publicity, which refers only to the materials used in a specific stage of a public relations campaign.

Sales - The exchange of a product or service for money. It may also refer to this activity as a profession or to the department within a company that performs this activity.

Small Business Administration (SBA) - The United States Government Agency responsible of "providing customer-oriented, full-service programs and accurate, timely information to the entrepreneurial community".

Sole Proprietorship - A business owned and run by one person.

Strategic Alliance - An ongoing relationship between two businesses in which they combine efforts for a specific purpose.

Trademark - A form of legal protection for words, names, symbols, sounds, or colors that distinguish goods and services. The main difference with patents, in this sense, is that trademarks can be renewed forever as long as they are being used in business.

Venture Capital (VC) - A form of financing for a company in exchange for partial ownership and control of the business, over a limited time period, usually 3-5 years. Investments typically range from $500,000 to $5 million, although there are occasionally VC investments for as low as $50,000 or as high as $20 million.

Rachel Clarkson
Rachel Clarkson is an English teacher at LCI English and blogger at the ESL Blog.
Back to top
View user's profile Send private message
Display posts from previous:   
Post new topic   This topic is locked: you cannot edit posts or make replies.    ESL Jobs Forum Forum Index -> ESL to Adult Learners... All times are GMT + 1 Hour
Page 1 of 1

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum

Protected by Anti-Spam ACP


Contact Us | About Us | ESL Jobs Newsletter | ESL Lesson Plan | ESL Online