081- Running a Business

to set up

Verb

/sˈɛt ˈʌp/

Close

Sign in

to establish a fresh entity, such as a company, system, or organization

abolish

Grammatical Information:

transitive

Phrasal Status

separable

phrase's verb

set

phrase's particle

up

risk

noun

r

i

ɪ

s

k

the chance or probability of harm, loss, or negative consequences in the future, often resulting from a particular action, decision, event, or condition

risky

Adjective

r

i

ɪ

s

k

y

i

involving the possibility of loss, danger, harm, or failure

to fail

Verb

f

ai

eɪ

l

to stop operating or trading due to financial bankruptcy

Grammatical Information:

intransitive

to go out of business

phrase

/ɡˌoʊ ˌaʊɾəv bˈɪznəs/

Idiom

to cease to exist as a functional company or business due to financial challenges or difficulties

What is the origin of the idiom "go out of business" and when to use it?

The idiom "go out of business" is a straightforward expression that originates from the world of commerce and trade. This phrase is used to describe the closure or cessation of operations of a business or company, often due to financial difficulties, lack of profitability, or other reasons.

percentage

noun

p

e

ɜ

r

c

s

e

ɛ

n

t

a

ə

g

ʤ

e

a number or amount expressed as a fraction of 100

percent

Adverb

p

e

ə

r

c

s

e

ɛ

n

t

in or for every one hundred, shown by the symbol (%)

goods

noun

g

oo

ʊ

d

s

z

items made or produced for sale

uncountable

market research

noun

/mˈɑːɹkɪt ɹɪsˈɜːtʃ/

the act of gathering information about what people need or buy the most and why

Grammatical Information:

compound noun

competitor

noun

c

k

o

ə

m

p

e

ɛ

t

i

ə

t

o

ɜ

r

a person, organization, country, etc. that engages in commercial competition with others

Grammatical Information:

supplier

noun

s

u

ə

pp

p

l

ie

aɪɜ

r

a person or company that provides goods or services to another business or individual

to supply

Verb

s

u

ə

pp

p

l

y

aɪ

to provide something needed or wanted

Grammatical Information:

transitive

supply

noun

s

u

ə

pp

p

l

y

aɪ

the provided or available amount of something

management

noun

m

a

æ

n

a

ə

g

ʤ

e

m

e

ə

n

t

the group of people who are responsible for running a business or company

management

noun

m

a

æ

n

a

ə

g

ʤ

e

m

e

ə

n

t

the process or act of organizing or managing a group of people or an organization

stock

noun

s

t

o

ɑ

ck

k

the items available for sale in a store or its warehouse

to run

Verb

r

u

ʌ

n

to own, manage, or organize something such as a business, campaign, a group of animals, etc.

Grammatical Information:

transitive

to overcharge

Verb

o

oʊ

v

e

ə

r

ch

ʧ

a

ɑ

r

g

ʤ

e

to demand too high a price for goods or services

undercharge

to underpay

Verb

/ˌəndɝˈpeɪ/

to pay someone less than what is fair or reasonable for their work or services

overpay

overambitious

Adjective

/ˈoʊvɝæmˌbɪʃəs/

striving to achieve wealth, power, success, etc. in a way that is not reasonable or possible

effort

noun

e

ɛ

ff

f

o

ɜ

r

t

use of physical or mental energy; hard work

to make an effort

phrase

/mˌeɪk ɐn ˈɛfɚt/

Collocation

to try to do or accomplish something, particularly something difficult

to survive

Verb

s

u

ɜ

r

v

i

aɪ

v

e

to continue to function or exist despite difficult circumstances

Grammatical Information:

intransitive

survival

noun

s

u

ɜ

r

v

i

aɪ

v

a

ə

l

the state in which a person manages to stay alive or strong despite dangers or difficulties

uncountable

client

noun

c

k

l

ie

aɪə

n

t

a person or organization that pays for the services of a company or recommendations of a professional

customer

noun

c

k

u

ʌ

s

t

o

ə

m

e

ə

r

a person, organization, company, etc. that pays to get things from businesses or stores

to grow

Verb

g

r

o

oʊ

w

to become greater in size, amount, number, or quality

Grammatical Information:

intransitive

growth

noun

g

r

o

oʊ

w

th

θ

an increase in the amount, degree, importance, or size of something

decrease

share

noun

sh

ʃ

a

ɛ

r

e

assets belonging to or due to or contributed by an individual person or group

brand

noun

b

r

a

æ

n

d

the name that a particular product or service is identified with

reputation

noun

r

e

ɛ

p

u

j

ə

t

a

eɪ

t

ʃ

io

ə

n

the general opinion that the public has about someone or something because of what they did in the past

to result in

Verb

/ɹɪzˈʌlt ˈɪn/

to cause something to occur

Grammatical Information:

transitive

Phrasal Status

inseparable

phrase's verb

result

phrase's particle

in

takeover

noun

/ˈteɪˌkoʊvɝ/

the acquisition of a company, leading to a change in ownership and often involving the purchase of a substantial portion of its shares

to take over

Verb

/tˈeɪk ˈoʊvɚ/

to take control of a company or business, particularly by buying more shares

Grammatical Information:

transitive

Phrasal Status

separable

phrase's verb

take

phrase's particle

over

market

noun

m

a

ɑ

r

k

e

ə

t

the customers for a particular product or service

market

noun

m

a

ɑ

r

k

e

ə

t

the realm of economic activity where goods, services, and commodities are exchanged between buyers and sellers

to make it

Verb

/mˈeɪk ɪt/

to successfully reach or attend a place or event

to make it

Verb

/mˈeɪk ɪt/

to succeed in achieving something or a goal

fail

to make it

Verb

/mˈeɪk ɪt/

to continue to live, particularly in spite of danger or hardship

succumb

Congratulations! !

You learned 39 words from undefined. To improve learning and review vocabulary, start practicing.

Review

Flashcards

Spelling

Quiz