English Words for "Business and Management" | ACT Vocabulary

occupation

noun

o

ɑ

cc

k

u

j

ə

p

a

eɪ

t

ʃ

io

ə

n

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a person's profession or job, typically the means by which they earn a living

Example

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Teaching is a rewarding occupation that allows educators to make a positive impact on young minds.

His occupation as a software developer requires him to stay updated on the latest technology trends.

profession

noun

p

r

o

ə

f

e

ɛ

ss

ʃ

io

ə

n

a paid job that often requires a high level of education and training

corporation

noun

c

k

o

ɔ

r

p

o

ɜ

r

a

eɪ

t

ʃ

io

ə

n

a company or group of people that are considered as a single unit by law

foundation

noun

f

o

a

u

ʊ

n

d

a

eɪ

t

ʃ

io

ə

n

an organization established with a specific mission or purpose, often dedicated to charitable, educational, cultural, or research activities

enterprise

noun

e

ɛ

n

t

e

ɜ

r

p

r

i

aɪ

s

z

e

a company

bureau

noun

b

u

jʊ

r

eau

oʊ

a specific section within a government department which is responsible for specific tasks, functions, etc.

headquarters

noun

h

ea

ɛ

d

q

k

u

w

a

ɔ

r

t

e

ə

r

s

z

the place where the main offices of a large company or organization are located

startup

noun

s

t

a

ɑ

r

t

u

ə

p

a newly established company or business venture, typically characterized by its innovative approach, early-stage development, and a focus on growth

portfolio

noun

p

o

ɔ

r

t

f

o

oʊ

l

io

ioʊ

a group of shares that a person or organization owns

chief executive officer

noun

/tʃˈiːf ɛɡzˈɛkjuːtˌɪv ˈɑːfɪsɚ/

the highest-ranking person in a company

Grammatical Information:

compound noun

entrepreneur

noun

e

ɑ

n

t

r

e

ə

p

r

e

ə

n

eu

ɜ

r

a person who starts a business, especially one who takes financial risks

to govern

Verb

g

o

ə

v

e

ɜ

r

n

to regulate or control a person, course of action or event or the way something happens

deregulate

Grammatical Information:

transitive

to administer

Verb

a

ə

d

m

i

ɪ

n

i

ə

s

t

e

ɜ

r

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

Grammatical Information:

transitive

supervision

noun

s

u

p

e

ɜ

r

v

i

ɪ

s

ʒ

io

ə

n

the act or process of overseeing the activities of individuals or a group to ensure compliance with rules or objectives

to oversee

Verb

/ˈoʊvɝˌsi/

to observe an activity in order to ensure that everything is done properly

Grammatical Information:

transitive

to preside

Verb

p

r

e

i

s

z

i

aɪ

d

e

to act in an authoritative role in a ceremony, meeting, etc.

designation

noun

d

e

ɛ

s

z

i

ə

g

n

a

eɪ

t

ʃ

io

ə

n

the act of assigning a person to a specific position or role, typically based on qualifications, skills, or organizational needs

turnover

noun

/ˈtɝˌnoʊvɝ/

the rate at which employees leave a company and are replaced by new hires within a specified period

productivity

noun

p

r

o

oʊ

d

u

ə

c

k

t

i

ɪ

v

i

ə

t

y

i

the state or condition of being productive, or the ability to produce or generate goods, services, or results efficiently and effectively

unproductiveness

menial

Adjective

m

e

i

n

ia

iə

l

(of work) not requiring special skills, often considered unimportant and poorly paid

inventory

noun

i

ɪ

n

v

e

ə

n

t

o

ɔ

r

y

i

a detailed list or record of all the items or goods in stock or on hand within a particular location, organization, or system

bureaucrat

noun

b

u

jʊ

r

eau

ə

c

k

r

a

æ

t

a government official or employee who works within a bureaucratic system, typically involved in implementing and administering government policies and procedures

sideline

noun

s

i

aɪ

d

e

l

i

aɪ

n

e

a secondary or additional line of merchandise or products that complement a company's primary offerings

workshop

noun

w

o

ɜ

r

k

sh

ʃ

o

ɑ

p

a building or room in which particular goods are made or fixed by different means

vendor

noun

v

e

ɛ

n

d

o

ɜ

r

someone on the street who offers food, clothing, etc. for sale

stall

noun

s

t

a

ɑ:

ll

l

a stand or a small table or shop with an open front where people sell their goods

bookkeeping

noun

b

oo

ʊ

kk

k

ee

i

p

i

ɪ

n

g

the systematic recording, organizing, and maintaining of financial transactions of a business or organization

slogan

noun

s

l

o

oʊ

g

a

ə

n

a short memorable phrase that is used in advertising to draw people's attention toward something

What is a "slogan"?

A slogan is a short, catchy phrase used by a company or organization to convey its message, promote a product or service, or reinforce its brand identity. Slogans are designed to be memorable, often with a simple, persuasive message that resonates with the target audience. They are typically used in advertising, marketing campaigns, and branding materials to create emotional connections with consumers and leave a lasting impression. A good slogan helps to differentiate a brand from its competitors and communicate its core values or benefits.

to telecommute

Verb

t

e

ɛ

l

e

ə

c

k

o

ə

mm

m

u

ju

t

e

to work remotely from a location other than the traditional office

Grammatical Information:

intransitive

to induct

Verb

i

ɪ

n

d

u

ə

c

k

t

to formally put someone in a position or job, especially with an official ceremony

commission

noun

c

k

o

ə

mm

m

i

ɪ

ss

ʃ

io

ə

n

a sum of money paid to someone based on the value or quantity of goods they sell

to commercialize

Verb

c

k

o

ə

mm

m

e

ɜ

r

c

ʃ

ia

ə

l

i

aɪ

z

e

to make something into a business or focus on making money from it

to decentralize

Verb

/dɪˈsɛntɹəˌɫaɪz/

to transfer decision-making or administrative power from a central authority to local or regional entities

centralize

to retail

Verb

r

e

i

t

ai

eɪ

l

to sell small quantities of goods directly to customers

wholesale

Grammatical Information:

transitive

to appoint

Verb

a

ə

pp

p

oi

ɔɪ

n

t

to give a responsibility or job to someone

Grammatical Information:

transitive

to enlist

Verb

e

ɛ

n

l

i

ɪ

s

t

to formally recruit or hire someone for work or participation in an activity

Grammatical Information:

transitive

to recruit

Verb

r

e

ə

c

k

r

ui

u

t

to employ people for a company, etc.

Grammatical Information:

transitive

to mass-produce

Verb

/mˈæspɹədˈuːs/

to manufacture large quantities of goods or products using standardized methods and machinery

to demonetize

Verb

d

e

ɛ

m

o

ə

n

e

ɪ

t

i

aɪ

z

e

to cease to use something as a legal currency or declare it invalid for transactions

to stock

Verb

s

t

o

ɑ

ck

k

to provide with a supply of something, such as goods or inventory, for use or sale

Grammatical Information:

transitive

to clinch

Verb

c

k

l

i

ɪ

n

ch

ʧ

to decisively conclude something, such as an argument or a contract

Grammatical Information:

transitive

to sponsor

Verb

s

p

o

ɑ

n

s

o

ɜ

r

to cover the costs of a project, TV or radio program, activity, etc., often in exchange for advertising

Grammatical Information:

transitive

to streamline

Verb

s

t

r

ea

i

m

l

i

aɪ

n

e

to simplify or improve efficiency in a process, system, or organization by removing unnecessary steps or optimizing resources

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You learned 43 words from ACT Business and Management Vocabulary. To improve learning and review vocabulary, start practicing.

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