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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 government approved the acquisition of land for the construction of a new highway .
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Master of Business Administration

a second university degree in business management

Ex: The MBA curriculum includes courses in management, finance, accounting, and strategic planning.
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associate
associate
[noun]

a member of an organization with limited membership

Ex: Associates contribute to the organization through their expertise and participation in projects and initiatives .
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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 expanded its operations by opening new stores in different cities .
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commodity
commodity
[noun]

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

Ex: Investors often include commodities in their portfolios as a hedge against inflation and market volatility .
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merchandise

goods offered for sale or the ones bought or sold

Ex: She browsed through the merchandise at the souvenir shop , looking for gifts to bring back home .
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cooperative

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

Ex: The cooperative model allows small businesses to pool resources and compete more effectively in the market.
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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 IRS conducted a tax audit to verify the accuracy of the individual 's tax returns .
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deficit
deficit
[noun]

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

Ex: The deficit in qualified personnel posed a challenge for the healthcare system .
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expenditure

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

Ex: The charity reported its annual expenditure to donors .
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invoice
invoice
[noun]

a list of goods or services received and their total cost

Ex: He reviewed the invoice for discrepancies before approving it for payment .
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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: They adjusted their pricing strategy to improve their profit margin without compromising quality.
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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: They attributed the decline in turnover to changes in consumer behavior and increased competition .
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yield
yield
[noun]

an amount of profit gained from an investment or business

Ex: The stock portfolio showed a steady yield, generating consistent profits for the shareholders .
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enterprise

a company

Ex: The startup aims to disrupt the industry with its innovative enterprise solutions .
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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: The franchise expanded its services to include delivery and catering .
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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: The start-up expanded rapidly after its product went viral .
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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: JKL Ltd is a subsidiary of a larger multinational corporation.
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venture
venture
[noun]

a business activity that is mostly very risky

Ex: Launching a new product line was a risky venture for the company.
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net
net
[Adjective]

final amount after the deduction of all costs

Ex: The net proceeds from the sale of the property will be used to repay outstanding debts .
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cooperative
cooperative
[Adjective]

pertaining to an organization jointly owned and operated by its members

Ex: A cooperative business shares profits among its members .
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incorporated
incorporated
[Adjective]

having become a legal business company

Ex: An incorporated company often finds it easier to establish business credit compared to an unincorporated one .
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managerial
managerial
[Adjective]

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

Ex: Managerial positions often require experience in decision-making and conflict resolution .
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profitable
profitable
[Adjective]

(of a business) providing benefits or valuable returns

Ex: His innovative app quickly became one of the most profitable products in the tech industry .
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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 .
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to close
to close
[Verb]

to finalize a business deal

Ex: With a handshake and signed contract , they officially closed the partnership agreement .
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to merge
to merge
[Verb]

to combine and create one whole

Ex: In music production , tracks from different instruments merge to form a cohesive and harmonious composition .
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to publicize

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

Ex: He publicized the concert , hoping to sell more tickets .
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to take over

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

Ex: Shareholders celebrated as the company successfully took over a key player in the market , boosting stock prices .
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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: Disputes over patent infringements often lead to lengthy legal battles between competing businesses.
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shipping
shipping
[noun]

the act of transporting goods, particularly by sea

Ex: Efficient shipping logistics are crucial for global businesses to ensure timely delivery of products to customers .
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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: Security measures in the warehouse include surveillance cameras and restricted access to protect valuable merchandise .
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operational
operational
[Adjective]

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

Ex: The new software system provides real-time data to enhance operational decision-making processes .
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public relations

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

Ex: They hired a public relations firm to help boost their presence in the media and attract more clients .
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