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Vocabulary for IELTS (General) - Business

Here you will learn some English words about business, such as "consumer", "union", "negotiate", etc. that are needed for the IELTS exam.

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Words for General IELTS
brand

the name that a particular product or service is identified with

[noun]
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campaign

a series of organized activities that are intended to achieve a particular goal

[noun]
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client

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

[noun]
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to compete

to join in a contest or game

[Verb]
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competitor

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

[noun]
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consumer

someone who buys and uses services or goods

[noun]
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financial

related to money or its management

[Adjective]
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management

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

[noun]
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to promote

to encourage the public to buy a product or use a service

[Verb]
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trade

the activity of exchanging goods or services

[noun]
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union

an organization formed by workers, especially in a particular industry, to protect their rights and improve their working conditions

[noun]
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chairman

someone who is in charge of a company, organization, etc., for the long term

[noun]
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distribution

the act of giving a share of something to a group of people in an organized way

[noun]
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corporation

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

[noun]
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entrepreneur

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

[noun]
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financing

the act of providing a sum of money for running a business, activity, project, or individual needs, typically through loans, investments, etc.

[noun]
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headquarters

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

[noun]
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income

the money that is regularly earned from a job or through an investment

[noun]
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to manufacture

to produce products in large quantities by using machinery

[Verb]
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market research

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

[noun]
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to negotiate

to discuss the terms of an agreement or try to reach one

[Verb]
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operator

someone or a company that is in charge of running a particular business

[noun]
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profit margin

the difference between the earnings and the costs in a business

[noun]
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to sponsor

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

[Verb]
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strategy

an organized plan made to achieve a goal

[noun]
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slogan

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

[noun]
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to expand

to become something greater in quantity, importance, or size

[Verb]
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workforce

all the individuals who work in a particular company, industry, country, etc.

[noun]
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revenue

money that an organization or business earns over a period of time

[noun]
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