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10 Cards in this Set
- Front
- Back
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To take something into consideration/ account |
to consider or remember something when judging a situation Example: No business will succeed if it fails to take the needs of customers into account/into consideration. |
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To break into a market |
to enter a market with the connotation that entrance to the industry was difficult. Example: It is difficult to break into the market for designer sportswear because there is too much competition from leading brands like Nike. |
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To keep someone’s word |
to uphold one's promise; to do as one says Example: I lent him a lot of money, so I hope that he keeps his word and repays the loan. |
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To reach a consensus |
to come to an agreement Example: The directors of the company have reached a consensus on the new business plan. |
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To make the most of something |
to make something appear as good as possible; to exploit something; to get as much out of something as is possible. Example: They designed the advertisements to make the most of the product's features. |
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To go out of business |
if a company goes out of business, it stops doing business permanently, especially because it has failed Example: If we sold food at those prices we’d soon go out of business. |
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To do market research |
to collect information about what people buy and why they choose it. Example: Advertising companies do a lot of market research before they design promotion campaigns. |
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To make cutbacks |
to decrease, to reduce Example: The company made cutbacks at their stores in New York and many employees were dismissed. |
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To manage expectations |
Seek to prevent disappointment by establishing in advance what can realistically be achieved or delivered by a project, undertaking, course of action, etc. Example: the company needs to manage the expectations of investors by presenting a realistic figure for next year’s estimated profits. |
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To make a calculation |
to assess a situation and figure out (or guess) the outcome Example: We cannot make a precise calculation of the price until we have all the costs. |
