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C1 Level Wordlist - Business and Management

Here you will learn some English words about business and management, such as "acquisition", "invoice", "retailer", etc. prepared for C1 learners.

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CEFR C1 Vocabulary
acquisition

the act of buying or obtaining something, especially something that is valuable

Ex: The company announced its acquisition of a smaller competitor to expand its market share. 
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Master of Business Administration

a second university degree in business management

Ex: She completed her Master of Business Administration degree at Harvard Business School. 
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associate
associate
[noun]

a member of an organization with limited membership

Ex: She became an associate of the club after being nominated by a current member. 
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retailer
retailer
[noun]

a store, person, or business that sells goods to the public for their own use, not for resale

Ex: The retailer sells a variety of products, including clothing, electronics, and household goods. 
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commodity
commodity
[noun]

(economics) an unprocessed material that can be traded in different exchanges or marketplaces

Ex: Oil has long been a highly valued commodity on the global market, influencing economies and politics. 
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merchandise

goods offered for sale or the ones bought or sold

Ex: The store's merchandise includes clothing, accessories, and home decor items. 
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cooperative

an organization or business that is jointly owned and run by its members

Ex: She joined the local agricultural cooperative to gain access to resources and support for her farm. 
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audit
audit
[noun]

a formal inspection of a business's financial records to see if they are correct and accurate or not

Ex: The company underwent an audit to ensure compliance with financial regulations. 
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deficit
deficit
[noun]

the difference between the needed amount that is higher than the available amount, especially money

Ex: The government faced a budget deficit due to increased spending and decreased revenue. 
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expenditure

the process of using money to pay for goods, services, or obligations

Ex: Careful expenditure is necessary to maintain financial stability. 
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invoice
invoice
[noun]

a list of goods or services received and their total cost

Ex: The vendor sent an invoice to the client for the goods delivered. 
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margin
margin
[noun]

(business) the difference between the amount of money spent to buy or produce something and the amount of money gained from its sale

Ex: The company's profit margin increased significantly after implementing cost-saving measures. 
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turnover
turnover
[noun]

the overall amount of profit made by a business or company over a specific period of time

Ex: The company's turnover increased by 20% compared to the previous year, reflecting strong sales growth. 
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yield
yield
[noun]

an amount of profit gained from an investment or business

Ex: The bond offered a competitive yield, attracting many investors looking for stable returns. 
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enterprise

a company

Ex: The family-owned enterprise has been in operation for over three generations. 
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franchise
franchise
[noun]

a commercial enterprise that functions under an agreement, using the branding, systems, and products of an established company

Ex: He opened a franchise of a well-known pizza chain downtown. 
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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: He launched a tech start-up with his friends. 
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Ltd
Ltd
[noun]

used after the name of a company to indicate that its owners are not legally responsible for all the money that the company owes but only to the amount they have invested in it

Ex: XYZ Ltd is a limited company registered under the Companies Act. 
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venture
venture
[noun]

a business activity that is mostly very risky

Ex: They started a new venture in the tech industry, knowing the risks. 
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net
net
[Adjective]

final amount after the deduction of all costs

Ex: The net profit for the quarter exceeded expectations, signaling strong financial performance. 
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cooperative
cooperative
[Adjective]

pertaining to an organization jointly owned and operated by its members

Ex: They shop at a cooperative grocery store that supports local farms. 
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incorporated
incorporated
[Adjective]

having become a legal business company

Ex: The incorporated firm has expanded its operations internationally, opening offices in five different countries. 
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managerial
managerial
[Adjective]

related to managing or supervising tasks, resources, or personnel within an organization

Ex: Her managerial skills include delegation, problem-solving, and team leadership. 
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profitable
profitable
[Adjective]

(of a business) providing benefits or valuable returns

Ex: The new marketing strategy proved highly profitable, increasing the company's revenue by 20% in just six months. 
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to administer

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

Ex: The CEO diligently administers the company, overseeing its overall operations and strategic direction. 
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to close
to close
[Verb]

to finalize a business deal

Ex: After weeks of negotiation, the two companies finally closed the merger deal. 
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to merge
to merge
[Verb]

to combine and create one whole

Ex: The two companies decided to merge, forming a larger and more competitive organization. 
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to publicize

to draw public's attention to something by giving information about it as an act of advertisement

Ex: The company hired a marketing team to publicize its new product through various media channels. 
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to take over

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

Ex: Investors are eyeing the opportunity to take the innovative tech startup over and capitalize on its breakthrough products. 
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patent
patent
[noun]

a formal document that gives someone the right to be the only one who makes, uses, or sells an invention or product for a limited amount of time

Ex: The inventor received a patent for his innovative solar-powered car, protecting his design from being copied. 
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shipping
shipping
[noun]

the act of transporting goods, particularly by sea

Ex: The shipping of goods from Asia to Europe has become more efficient with advancements in maritime technology. 
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warehouse
warehouse
[noun]

a large place in which raw materials or produced goods are stored before they are sold or distributed

Ex: The company rented a warehouse to store their excess inventory during peak production seasons. 
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operational
operational
[Adjective]

related to the way in which a business, organization, machine, etc. functions

Ex: The factory will be fully operational by the end of the month, increasing the company's production capacity. 
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public relations

the process of presenting a favorable public image of a person, firm, or institution

Ex: The company's public relations team worked tirelessly to manage the fallout from the recent scandal. 
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