pattern

ACT Humanities - Business and Management

Here you will learn some English words related to business and management, such as "induct", "slogan", "affiliation", etc. that will help you ace your ACTs.

Review

Flashcards

Forms

Spelling

Quiz

Start learning
ACT Vocabulary for Humanities
occupation

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

Ex: She decided to change her occupation and pursue a career in healthcare to help others improve their well-being .
Close
Sign in
profession

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

Ex: She has been practicing law for over twenty years and is highly respected in her profession.
Close
Sign in
affiliation

a connection between a person, group, or organization and another entity, often involving membership, support, or shared identity

Ex: The club requires proof of affiliation before granting entry .
Close
Sign in
corporation

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

Ex: The new environmental regulations will affect how the corporation conducts its business .
Close
Sign in
foundation

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

Ex: The foundation's mission is to promote literacy and education in underserved communities .
Close
Sign in
enterprise

a company

Ex: The startup aims to disrupt the industry with its innovative enterprise solutions .
Close
Sign in
bureau
bureau
[noun]

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

Ex: The education bureau focuses on developing curriculum standards and ensuring the quality of education in schools across the region .
Close
Sign in
headquarters

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

Ex: The tech giant 's headquarters feature state-of-the-art facilities and amenities .
Close
Sign in
start-up
start-up
[noun]

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

Ex: The start-up expanded rapidly after its product went viral .
Close
Sign in
portfolio
portfolio
[noun]

a group of shares that a person or organization owns

Ex: Building a strong portfolio requires careful analysis and strategic asset allocation .
Close
Sign in
guild
guild
[noun]

an association of people who work in the same industry or have similar goals or interests

Close
Sign in
chief executive officer

the highest-ranking person in a company

Ex: Employees appreciated the CEO's transparency during difficult times.
Close
Sign in
entrepreneur

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

Ex: Many entrepreneurs face significant risks but also have the potential for substantial rewards .
Close
Sign in
to govern
to govern
[Verb]

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

Ex: The laws of physics govern the way objects move in the universe .
Close
Sign in
to administer

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

Ex: The school principal actively administers the educational programs and resources .
Close
Sign in
supervision

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

Ex: The regulatory agency conducts regular supervision of financial institutions to ensure compliance with industry regulations and protect consumers .
Close
Sign in
to oversee

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

Ex: The project manager oversees the workflow to prevent delays .
Close
Sign in
to preside

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

Ex: The chairman will preside over the annual shareholders' meeting and present the company's financial report.
Close
Sign in
copyright
copyright
[noun]

a legal permission to control the production of a book, movie, music, etc.

Ex: Violating copyright can result in hefty fines or lawsuits .
Close
Sign in
sector
sector
[noun]

a specific part or branch of an economy, society, or activity with its own distinct characteristics and functions

Close
Sign in
designation

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

Ex: The designation of head chef was awarded to him after years of dedication and culinary expertise .
Close
Sign in
turnover
turnover
[noun]

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

Ex: High turnover in customer service roles can impact customer satisfaction and loyalty .
Close
Sign in
productivity

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

Ex: His productivity decreased when he started working late into the night .
Close
Sign in
internship

the initial phase of medical training in which a graduate works under supervision in a hospital or clinic

Ex: The hospital offers a competitive internship program for newly graduated doctors .
Close
Sign in
menial
menial
[Adjective]

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

Ex: The company hires temporary workers for menial tasks like filing and data entry .
Close
Sign in
inventory
inventory
[noun]

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

Ex: The construction company kept a meticulous inventory of tools and equipment to ensure availability for projects .
Close
Sign in
bureaucrat

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

Ex: Developing curriculum standards and overseeing school operations are tasks assigned to bureaucrats in the education department .
Close
Sign in
sideline
sideline
[noun]

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

Ex: Retailers often introduce seasonal sidelines to capitalize on trends and maximize sales opportunities .
Close
Sign in
workshop
workshop
[noun]

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

Ex: He spent the weekend at the woodworking workshop, crafting a new bookshelf .
Close
Sign in
vendor
vendor
[noun]

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

Ex: She bought a scarf from a street vendor during her travels .
Close
Sign in
parlor
parlor
[noun]

a shop or business offering specific goods or services

Close
Sign in
stall
stall
[noun]

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

Ex: She helped her mother manage their vegetable stall at the farmers ’ market .
Close
Sign in
outsourcing

the process of having someone outside of a company provide goods or services for that company

Close
Sign in
bookkeeping

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

Ex: Effective bookkeeping practices help businesses track expenses , manage cash flow , and make informed financial decisions .
Close
Sign in
slogan
slogan
[noun]

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

Ex: The environmental group 's slogan " Save the Earth , One Step at a Time " resonated deeply with the public during their campaign .
Close
Sign in
to telecommute

to work remotely from a location other than the traditional office

Ex: She telecommutes full-time , managing her workload efficiently from her home office .
Close
Sign in
to induct
to induct
[Verb]

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

Ex: They are currently inducting new recruits into the military with a series of rigorous training exercises .
Close
Sign in
commission

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

Ex: The company offers commission-based pay to its sales team.
Close
Sign in
trademark
trademark
[noun]

a name or design that exclusively belongs to a particular company or its products

Close
Sign in
to commercialize

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

Ex: The music industry commercializes trends to maximize sales .
Close
Sign in
to decentralize

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

Ex: To encourage entrepreneurship , the government sought to decentralize business licensing processes , simplifying procedures at the local level .
Close
Sign in
to retail
to retail
[Verb]

to sell small quantities of goods directly to customers

Ex: Over the years , these shops have successfully retailed unique products to loyal customers .
Close
Sign in
to appoint

to give a responsibility or job to someone

Ex: The experienced manager appointed specific roles during a period of organizational change .
Close
Sign in
to enlist
to enlist
[Verb]

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

Ex: We need to enlist additional volunteers for the upcoming charity event .
Close
Sign in
to recruit

to employ people for a company, etc.

Ex: Companies use various strategies to recruit top talent in competitive industries .
Close
Sign in
to mass-produce

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

Ex: The technology company aims to mass-produce its innovative gadgets to reach a broader market.
Close
Sign in
to demonetize

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

Ex: Digital payment systems aim to gradually demonetize cash transactions for convenience and security .
Close
Sign in
to stock
to stock
[Verb]

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

Ex: The company has recently stocked premium items for a special promotion .
Close
Sign in
to clinch
to clinch
[Verb]

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

Ex: The engineer 's innovative design clinched the contract for the construction project .
Close
Sign in
to sponsor

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

Ex: The brand sponsors a popular TV show , showcasing its products during commercial breaks .
Close
Sign in
to streamline

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

Ex: Streamlining communication channels between departments enhanced collaboration and productivity .
Close
Sign in
LanGeek
Download LanGeek app