Business 2.0 Upper Intermediate Vocabulary
Business 2.0 Upper Intermediate Vocabulary
be suspended (verb) /bi səˈspendtɪd/ suspendiert to be stopped from doing your job for a limited time because you have done He was suspended due to a suspicious incident at work.
something wrong
be transferred (verb) /bi trænsˈfɜː(r)d/ versetzt werden to be moved from one job, office or department to another in the same company or What would you do if you were transferred to Alaska?
organization
boost (your) earnings /buːst (jə(r)) ˈɜː(r)nɪŋz/ das Einkommen verbessern to help increase the amount of money that you earn As well as improving your employability and boosting your future earnings, you'l
(expression) have lots of fun going to parties and making friends.
borrow (verb) ** /ˈbɒrəʊ/ ausleihen to receive and use something that belongs to someone else, and promise to give it Many students are unable to borrow money from friends or family.
back later
career move (noun) /kəˈrɪər muːv/ Karriereschritt an action or change of job that helps you to be successful in your career Transferring to the marketing department is a great career move.
chair (verb) * /tʃeə(r)/ leiten to be the person in charge of a meeting, committee or company He chaired the meeting successfully.
contact (verb) *** /ˈkɒntækt/ kontaktieren to write to someone or talk to them on the phone I contacted corporate clients by phone.
design (verb) *** /dɪˈzaɪn/ entwerfen to decide how something will be made, including how it will work and what it will They designed the sales materials.
look like, and often to make drawings of it
draw up (verb) /drɔː ʌp/ ausarbeiten to prepare and write something such as a document or plan I drew up proposals for a new e-commerce division.
enhance your CV (expression) /ɪnˈhɑːns jə(r) ˌsiː ˈviː/ den Lebenslauf aufwerten to improve your CV Obtain practical experience that will really enhance your CV.
exceed (verb) ** /ɪkˈsiːd/ übertreffen to go above an official limit We exceeded annual objectives by 20%.
finance (verb) *** /ˈfaɪnæns/ finanzieren to pay for something such as a large project If you're not lucky enough to be married to a millionaire or to have parents with
very deep pockets, you may be wondering how to finance the next step in your
education
gain knowledge (expression) /ɡeɪn ˈnɒlɪdʒ/ Wissen erweitern to learn more about a particular subject Don't miss out on a wonderful opportunity to gain knowledge and acquire skills
which will serve you for a lifetime.
give in (your) notice (verb) /ɡɪv ɪn (jə(r)) ˈnəʊtɪs/ kündigen to tell your employer that you are leaving your job, especially in a letter What would you do if you gave in your notice the day before the firm
announced a 33% salary increase?
go to parties (expression) /ɡəʊ tuː ˈpɑː(r)tiz / auf Partys gehen to attend social events at which people meet to celebrate something or to have She loves going to parties; she goes out almost every night!
fun by eating and drinking, dancing, playing games, etc.
harass (verb) /həˈræs/ schikanieren to keep annoying or upsetting someone, for example by criticizing them, attacking She felt her colleague was harassing her so she decided to speak to the boss.
them or treating them in a way that is offensive to them
have fun (expression) /həv fʌn/ Spaß haben to enjoy yourself, especially from an activity that is not important or serious You should study hard at university, but don't forget to have fun too!
implement (verb) ** /ˈɪmplɪˌment/ umsetzen to make something such as an idea, plan, system or law start to work and be used They implemented innovative advertising campaigns.
improve (your) employability /ɪmˈpruːv (jə(r)) ɪmplɔɪəˈbɪləti/ sein Arbeitsmarktpotential to increase the extent to which you have the relevant skills, qualifications, You should do everything you can to improve your employability.
(expression) verbessern experience or qualities to get a job
incentive (noun) ** /ɪnˈsentɪv/ Anreiz something that makes you want to do something or to work harder, because you The possibility of a Christmas bonus was a great incentive to work harder.
know that you will benefit by doing this
interest-free (adjective) /ˈɪntrəst friː/ zinsfrei not charging you any interest on the money you borrow or the credit you are given A student loan is usually interest-free
join a company (verb) /dʒɔɪn ə ˈkʌmp(ə)ni/ bei einer Firma neu anfangen to start working for an organization When you join a company, you need to make a good impression.
make friends (expression) /meɪk frendz/ Freunde kennenlernen to form friendships University is a great place to make friends.
manage (verb) *** /ˈmænɪdʒ/ führen to organize and control the work of a company, organization or group of people I managed a team of 40 telesales operatives.
meet (verb) *** /miːt/ erreichen to do what you planned or promised to do We met sales targets for every month.
motivate (verb) ** /ˈməʊtɪveɪt/ motivieren to make someone feel determined to do something or enthusiastic about doing it I motivated a team of 40 telesales operators.
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obtain (verb) *** /əbˈteɪn/ erlangen to get something that you want or need, especially by going through a process that He obtained a first class degree at Bristol University.
is difficult
obtain practical experience /əbˈteɪn ˈpræktɪk(ə)l praktische Arbeitserfahrung to increase your level of knowledge and skill that is gained through time spent It is important to obtain practical experience that will really enhance your CV.
(expression) ɪkˈspɪəriəns/ sammeln doing a job or activity
present (verb) *** /prɪˈzent/ präsentieren to offer something for people to consider or judge We presented incentive travel programmes to the Board of Directors.
quit (verb) * /kwɪt/ kündigen to leave a job or school permanently He was so sick of the bad working conditions, he decided to quit.
receive tuition (expression) /rɪˈsiːv tjuːˈɪʃ(ə)n/ unterrichtet werden to be taught about something If you choose a good school, you'll receive tuition from experienced professors
recruit (verb) ** /rɪˈkruːt/ einstellen to get someone to work in a company or join an organization We recruited new sales reps.
repayable (adjective) /rɪˈpeɪəb(ə)l/ rückzahlbar money that is repayable over a particular period of time, or by a particular person, The money was repayable over a five-year period.
must be paid back by the end of that period or by that person
sales target (noun) /seɪlz ˈtɑː(r)ɡɪt/ Verkaufsziel the amount of something that you want to sell I'm afraid we didn't reach our sales target this month.
scholarship (noun) /ˈskɒlə(r)ʃɪp/ Stipendium an amount of money that an organization gives to someone so that they can study Some students are able to win scholarships from their universities.
at a particular school or university
student loan (noun) /ˈstjuːd(ə)nt ləʊn/ Studentendarlehen money that a bank or an institution lends to a student so that they can pay to do Nearly all students apply for a student loan these days.
their course. Students pay the money back after finishing their studies.
subsidize (verb) /ˈsʌbsɪdaɪz/ finanziell unterstützen to pay some of the cost of goods or services so that they can be sold to other If you are already in work, try persuading your employer to subsidize your
people at a lower price studies.
support (verb) *** /səˈpɔː(r)t/ unterstützen to provide money, food, shelter or other things that someone needs in order to live Many students prefer to support themselves by working part-time.
take a sabbatical (verb) /teɪk ə səˈbætɪk(ə)l/ eine Auszeit nehmen to have a period away from work to study, rest or travel What would you do if you were on sabbatical for a year?
tax-deductible (adjective) /tæks dɪˈdʌktəb(ə)l/ steuerlich absetzbar tax-deductible costs can be taken away from your total income before you pay tax I think your travel expenses are tax-deductible.
on what remains
train (verb) *** /treɪn/ ausbilden to teach someone to do a particular job or activity We trained new sales reps.
win (verb) *** /wɪn/ bekommen to succeed in getting something that you want because of hard work or ability He won a scholarship to Oxford university.
working party (noun) /ˈwɜː(r)kɪŋ ˈpɑː(r)ti/ Arbeitsgruppe a group of people who examine a problem or situation and suggest a way of A working party assessed the situation and presented several solutions.
dealing with it
Unit 2
a bit more (expression) /ə bɪt mɔː(r)/ ein bißchen (mehr) used for saying that a particular quality is slightly stronger in one person or thing My new boss is a bit more demanding than my old one, but she gets results.
than in another, stronger than it was before or stronger than you expected or
hoped
a whole lot more (expression) /ə həʊl lɒt mɔː(r)/ sehr viel (mehr) used for saying that a particular quality is much stronger in one person or thing The new database is a whole lot more efficient than the old system.
than in another, stronger than it was before or stronger than you expected or
hoped
application (noun) *** /ˌæplɪˈkeɪʃ(ə)n/ Antrag a piece of computer software that is designed to do a particular job We've created a new application that automatically schedules all appointments.
backup (noun) * /ˈbækʌp/ Backup a copy of information on your computer that you make in case you lose the Make regular backups to external media, it's far safer!
information
bug (noun) * /bʌɡ/ Programmierfehler a minor fault in a computer system or in a computer program A bug is just a software error, whereas a virus deliberately damages or hijacks
software.
considerably more /kənˈsɪd(ə)rəbli mɔː(r)/ wesentlich (mehr) used for saying that a particular quality is much stronger in one person or thing A server is considerably more reliable, far quieter, and a whole lot more
(expression) than in another, stronger than it was before or stronger than you expected or powerful than a PC.
hoped
crash (noun) ** /kræʃ/ Absturz an occasion when a computer or a computer program suddenly stops working A crash is considerably less serious than a hard disk failure.
crash (the system) (verb) /kræʃ (ðə ˈsɪstəm)/ abstürzen to cause a computer or computer program to suddenly stop working Our software systems are crashing more and more frequently.
database (noun) ** /ˈdeɪtəˌbeɪs/ Datenbank a large amount of information stored a computer in an organized way that allows We have several database problems at the moment.
individual pieces of information to be found quickly
delete (a document) (verb) /dɪˈliːt (ə ˈdɒkjʊmənt)/ (ein Dokument) löschen to remove information stored in a computer There have been several cases where important documents have been
deleted.
download (a new driver) (verb) /ˌdaʊnˈləʊd (ə njuː ˈdraɪvə(r))/ herunterladen to move information to your computer from another computer system or the I have installed patches and downloaded new drivers wherever possible.
Internet
enter (data) (verb) /ˈentə(r) (ˈdeɪtə)/ (Daten) eingeben to write something somewhere, for example in a book, on a form or on a computer The sales team need to enter data on the system when they're on the road.
far more (expression) /fɑː(r) mɔː(r)/ sehr viel (mehr) used for saying that a particular quality is much stronger in one person or thing A tablet PC is far more attractive than a PC.
than in another, stronger than it was before or stronger than you expected or
hoped
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fill someone in on (expression) /fɪl ˈsʌmwʌn ɪn ɒn/ (jemanden) informieren to give someone details about something We must fill Cara Bickerson in on voice recognition software.
get back to someone /ɡet bæk tuːˈsʌmwʌn/ jemandem Bescheid geben to phone, write or speak to someone at a later time because you were busy or You should get back to Lincoln Thigpan about the presentation slides.
(expression) could not answer their question earlier
get in touch with someone /ɡet ɪn tʌtʃ wɪð ˈsʌmwʌn/ jemanden kontaktieren to speak or write to someone, especially after you have not spoken to them for a You should get in touch with Martha about the laptops.
(expression) long time
give someone a ring /ɡɪv ˈsʌmwʌn ə rɪŋ/ anrufen to phone someone Can you give me a ring, please? My email server's down at the moment.
(expression)
give someone an update on /ɡɪv ˈsʌmwʌn ən ʌpˈdeɪt ɒn/ (jemandem) das Neueste erzählen to tell someone the most recent news or information about something When you get back from your holiday, I'll give you an update on what's been
(expression) happening.
go down (i.e. the server) /ɡəʊ daʊn/ abstürzen if something such as a computer or an electrical system goes down, it stops The server went down three times last week.
(expression) working for a period of time
hard-disk failure (noun) /hɑː(r)d dɪsk ˈfeɪljə(r)/ Festplattendefekt a situation in which the part inside a computer that stores information stops A hard disk failure is an internal hardware failure, so you may lose all the
working correctly information you have saved.
infinitely more (expression) /ˈɪnfɪnətli mɔː(r)/ unendlich (mehr) used for saying that a particular quality is very much stronger in one person or A virus is infinitely more dangerous than a bug.
thing than in another, stronger than it was before or stronger than you expected or
hoped
install (a patch) /ɪnˈstɔːl (ə pætʃ)/ einen Patch installieren to put a new program or piece of software into a computer so that you can use it I have installed patches in all the computers in this department.
Internet /ˈɪntə(r)ˌnet/ Internet a computer system that allows people in different parts of the world to exchange The Internet is the world-wide network shared by billions of users.
information. You can use the Internet to get information from websites and to send
and receive messages by email. The Internet is often simply called the Net.
intranet (noun) /ˈɪntrəˌnet/ Intranet a network (=system connecting computers) within an organization that only An intranet is one organization's network.
members of that organization can use
keep someone in the loop /kiːp ˈsʌmwʌn ɪn ðə luːp/ jemanden auf dem Laufenden halten to make sure that someone has information about a particular thing they are We must keep Camilla Ramsey in the loop on solutions to database problems.
(expression) involved in
keep someone informed about /kiːp ˈsʌmwʌn ɪnˈfɔː(r)md jemanden unterrichtet halten to regularly give someone information about something they are interested in, for We should keep Marvin informed about the sound card driver.
(expression) əˈbaʊt/ example how a situation is changing or developing
laptop (noun) /ˈlæpˌtɒp/ Laptop a small computer that you can carry with you Please examine your laptop carefully, and delete any unauthorized software.
let someone know about /let ˈsʌmwʌn nəʊ əˈbaʊt/ jemandem Bescheid geben to tell someone about something We should let Maurice know about Marketing's Internet connection.
(expression)
marginally more /ˈmɑː(r)dʒɪn(ə)li mɔː(r)/ ein wenig (mehr) used for saying that a particular quality is very slightly stronger in one person or A tablet PC is marginally more user-friendly than a laptop.
thing than in another, stronger than it was before or stronger than you expected or
hoped
operating system (noun) * /ˈɒpəreɪtɪŋ ˈsɪstəm/ Betriebssystem the software that tells the parts of the computer how to work together and what to How much would it cost to install a completely new operating system?
do
patch (noun) ** /pætʃ/ Patch a piece of software that you add to a computer program in order to improve it or A patch is far less common than a plug-in because it's used to correct a
remove a fault software problem.
PC (noun) ** /ˌpiː ˈsiː/ PC personal computer: a computer that is designed to be used by one person at An incorrect memory address is the most common reason why PCs crash.
home or in an office
plug-in (noun) /plʌɡ ɪn/ Plug-In a piece of software or hardware that you add to a computer to increase the range A plug-in is used to provide additional features for an application, so it's a lot
of things it can do more frequently used.
server (noun) ** /ˈsɜː(r)və(r)/ Server a computer that controls or performs a particular job for all the computers in a Our server is incredibly reliable; it never goes down.
network
set up (a connection) (verb) /set ʌp (ə kəˈnekʃ(ə)n)/ (eine Verbindung) einrichten to make a piece of equipment ready for use We have to set up mobile Internet connections for our sales team.
slightly more (expression) /ˈslaɪtli mɔː(r)/ etwas (mehr) used for saying that a particular quality is a little stronger in one person or thing The train is slightly more expensive than taking a plane these days.
than in another, stronger than it was before or stronger than you expected or
hoped
somewhat more (expression) /ˈsʌmwɒt mɔː(r)/ ein bißchen (mehr) used for saying that a particular quality is slightly stronger in one person or thing A tablet PC is somewhat more portable than a laptop.
than in another, stronger than it was before or stronger than you expected or
hoped
suite (noun) ** /swiːt/ Softwaresammlung a set of computer programs A suite is far more useful than a single application because it comprises several
applications.
tablet PC (noun) /ˈtæblət ˌpiː ˈsiː/ Tablet a small computer which you can use by touching the screen rather than using a A laptop is a whole lot more powerful than a tablet PC.
keyboard
unzip (verb) /ʌnˈzɪp/ entzippen to increase the size of a file to its original size after it has been reduced, using a Do not unzip any file into a folder other than the one you created.
computer program
upgrade (verb) * /ʌpˈɡreɪd/ upgraden to make a computer or other machine more powerful or effective We desperately need to upgrade the operating system.
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upload (verb) /ˈʌpˌləʊd/ hochladen to send documents or programs from your computer to a larger system using the There is a file where members of staff can upload any useful information for
Internet everyone to access.
vendor (noun) /ˈvendə(r)/ Anbieter a company or person that sells a particular product or service I need to go through the information from the database vendors.
virus (noun) *** /ˈvaɪrəs/ Virus a program that enters your computer and damages or destroys information that I had to buy a new PC after my old one got a virus.
you have stored
voice recognition software /vɔɪs ˌrekəɡˈnɪʃ(ə)n Spracherkennungssoftware software which allows a computer to know the voice of a person speaking into it, I think voice recognition software will really make a difference and save us a lot
(noun) ˈsɒf(t)ˌweə(r)/ so that only voices that the computer knows can use the system of time.
workgroup (noun) /wɜː(r)kɡruːp/ Rechnergruppe a computer system that allows people to work together A workgroup is a collection of workstations that are linked together.
workstation (noun) * /ˈwɜː(r)kˌsteɪʃ(ə)n/ Rechner a desk for one person to work at, usually with a computer A workgroup is considerably bigger than a single workstation.
Unit 3
best practice (expression) /best ˈpræktɪs/ Best-Practice the best, most effective way to do something Energy efficiency experts are being called in to advise on best practice.
competitor data (noun) /kəmˈpetɪtə(r) ˈdeɪtə/ Mitbewerberdaten facts or information about a competitor used for making calculations or decisions The marketing manager is responsible for evaluating competitor data.
compliance (noun) * /kəmˈplaɪəns/ Compliance the practice of obeying a law, rule or request Our quality controllers make sure that we reach full compliance with ISO 9001.
consumer research (noun) /kənˈsjuːmə rɪˈsɜː(r)tʃ/ Verbraucherforschung the study of people's opinions about products or services and about what products The marketing manager is responsible for evaluating consumer research.
or services they want or will buy
continuous improvement /kənˈtɪnjʊəs ɪmˈpruːvmənt/ ständige Verbesserung the process of making small regular changes and improvements to the products, Quality involves continuous improvement.
(expression) services, etc. of a company rather than a few big changes
cost-effective (adjective) /kɒst ɪˈfektɪv/ kostengünstig giving the most profit or advantage for the amount of money that is spent We need to find the most cost-effective way of carrying out this project.
cracked (adjective) /krækt/ zersprungen if something is cracked, it is damaged with one or more thin lines on its surface The CD box was cracked and generally in poor condition.
customer expectations /ˈkʌstəmə ˌekspekˈteɪʃ(ə)nz/ Kundenerwartung beliefs held by customers that something should happen in a particular way, or Quality means meeting the customer's need and expectations.
(expression) that someone or something should have particular qualities or behaviour
customer satisfaction (noun) /ˈkʌstəmə ˌsætɪsˈfækʃ(ə)n/ Kundenzufriedenheit a measure of how happy customers feel when they do business with a company The most important thing in the retail industry is customer satisfaction.
damaged (adjective) /ˈdæmɪdʒ/ beschädigt if something is damaged, it has been harmed physically so that it is broken, To the end user, quality means that the product is not damaged in any way.
spoiled or injured
defective (adjective) /dɪˈfektɪv/ defekt not made correctly or not working correctly Quality means that goods are not defective or damaged.
design engineer (noun) /dɪˈzaɪn ˌendʒɪˈnɪə(r)/ Konstruktionsingenieur an engineer who is responsible for designing things To the design engineer, quality has more to do with whether the design is fit for
purpose and whether the product or part performs its intended function.
design fault (noun) /dɪˈzaɪn fɔːlt/ Design-Fehler a feature of something that makes it less good, caused by bad design I can't find any design faults in the latest model; it’s perfect!
disposable (adjective) /dɪˈspəʊzəb(ə)l/ Wegwerf- something that is disposable is designed to be thrown away after you have used it Reusable coffee mugs are becoming more popular than disposable containers.
once or a few times
durable (adjective) /ˈdjʊərəb(ə)l/ haltbar able to stay in good condition for a long time and after being used a lot Made of durable plastic, this product will retain its appeal for several years.
end user (noun) /end ˈjuːzə(r)/ Endverbraucher someone who buys and uses a product, especially a computer or a piece of The end user will never buy damaged or faulty goods.
software
fit for purpose (adjective) /fɪt fə(r) ˈpɜː(r)pəs/ den Zweck erfüllen something that is fit for purpose is good enough to do the job it was designed to Quality has more to do with whether the design is fit for purpose.
do
flawed (adjective) /flɔːd/ fehlerhaft spoiled by something such as a fault or mark or lacking something The product was flawed from the beginning; badly-designed and badly-
produced.
flimsy (adjective) /ˈflɪmzi/ fadenscheinig badly built or made, and so likely to break easily The packaging is flimsy.
fragile (adjective) /ˈfrædʒaɪl/ zerbrechlich easy to break or damage Be careful with that vase; it's very fragile.
heavy-duty (adjective) /ˈhevi ˈdjuːti/ Hochleistungs- strong and not easily damaged We will need some heavy-duty machinery to cope with such a large order.
improvement (noun) /ɪmˈpruːvmənt/ Verbesserung the state of being better than before, or the process of making something better Adopting the RFT guidelines has led to an immediate improvement in product
than it was before quality.
in the eye of the beholder /ɪn ði aɪ əv ðə bɪˈhəʊldə(r)/ im Auge des Betrachters used for saying that different people have different opinions about something Quality is in the eye of the beholder.
phrase
industry standard (expression) /ˈɪndəstri ˈstændə(r)d/ Industriestandard an established standard used in industry, usually a formal document that gives These are industry standard headphones; they are used widely throughout the
details about how something should be made recording industry.
lack (verb) /læk/ mangeln to not have any or enough of something that you need or want What the town lacked was a really decent restaurant.
lean manufacturing techniques /liːn ˌmænjʊˈfæktʃərɪŋ schlanke Produktionstechnik techniques for producing goods in large numbers using methods that avoid waste The process engineer employs lean manufacturing techniques to ensure that
(noun) tekˈniːks/ and reduce the time taken products are produced with minimum waste of effort, money, time, space and
materials.
market conditions (noun) /ˈmɑː(r)kɪt kənˈdɪʃ(ə)ns/ Marktbedingungen the characteristics of a market in which a company does business, for example The marketing manager is responsible for evaluating market conditions.
the number of the competitors and the market's growth rate
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marketing manager (noun) /ˈmɑː(r)kɪtɪŋ ˈmænɪdʒə(r)/ Marketing-Manager someone whose job is to decide the ways in which a company encourages people The marketing manager sees quality very much in terms of customer
to buy its products by deciding on price, type of customer and advertising policy expectations and customer satisfaction.
measurable objectives /ˈmeʒ(ə)rəb(ə)l əbˈdʒektɪvs/ messbare Ziele things that you plan to achieve, especially in business or work, that you can I have identified our measurable objectives for this product range.
(expression) measure the success or failure of
poorly-designed (adjective) /ˈpɔː(r)li dɪˈzaɪnd/ schlecht gemacht if something poorly-designed, it is planned and made in a way that means it does The product is poorly-designed and does not meet our expectations.
not fulfil its function very well
process engineer (noun) /ˈprəʊses ˌendʒɪˈnɪə(r)/ Prozessingenieur an engineer who designs and plans industrial processes The process engineer ensures that products are produced efficiently and
effectively.
quality assurance (expression) /ˈkwɒləti əˈʃɔːrəns/ Qualitätskontrolle the methods that a company uses to check that the standard of its services or If we decide to invest in this project, we will need some kind of quality
goods is high enough assurance.
quality auditor (noun) /ˈkwɒləti ˈɔːdɪtə(r)/ Qualitätsprüfer someone whose job is to examine a company's quality management system, to Internal auditors carry out checks every year to ensure ISO standards are
make sure that it works effectively maintained.
reliable (adjective) ** /rɪˈlaɪəb(ə)l/ verlässlich a reliable vehicle, piece of equipment or system which always works well Quality is designing and producing reliable products that do what they're
supposed to do.
resource management /rɪˈzɔː(r)s ˈmænɪdʒmənt/ Ressourcenmanagement the management of things such as money, workers or equipment that can be used This is a good example of poor resource management; we wasted time and
(expression) to help an institution or a business money.
right first time (expression) /raɪt fɜː(r)st taɪm/ (etwas) von Anfang an richtig if something is done right first time, it is done perfectly every time and no time and Quality involves doing things right the first time.
machen money is wasted correcting errors caused by doing it too fast or without controlling
quality
scratched (adjective) /skrætʃt/ zerkratzt if something is scratched, it has been damaged by being marked with something The CDs were so scratched they were unusable.
sharp or rough
shoddy (adjective) /ˈʃɒdi/ schlecht shoddy work, services or products are of a very low standard The workmanship is shoddy.
specifications (noun) /ˌspesɪfɪˈkeɪʃ(ə)ns/ Spezifikationen exact measurements or detailed plans about how something is to be made Exacting technical specifications mean that this machine will give many years of
service.
stakeholder (noun) /ˈsteɪkˌhəʊldə(r)/ Stakeholder someone who has an interest in the success of a plan, system or organization, for Telford remained the company's largest stakeholder.
example a worker in a company
statutory requirements (noun) /ˈstætʃʊt(ə)ri rɪˈkwaɪə(r)mənts/ gesetzliche Auflagen something that a law or statute says you must do It is a statutory requirement for a company to disclose its annual earnings.
strict tolerances (noun) /strɪkt ˈtɒlərənsɪs/ enge Toleranzen very small amounts by which the size of a part of a machine can be different from The design engineer designs products or components to strict tolerances.
the standard size before it prevents the machine from operating correctly
substandard (adjective) /ˌsʌbˈstændə(r)d/ mangelhaft not as good as you would normally expect or not good enough to be accepted If a product or service lacks quality, most people would agree that it is
substandard in some way.
technical specifications (noun) /ˈteknɪk(ə)lˌspesɪfɪˈkeɪʃ(ə)ns/ technische Spezifikationen exact measurements or detailed plans about how something is to be made They didn't follow the technical specifications so now the product is flawed.
tight specifications (noun) /taɪt ˌspesɪfɪˈkeɪʃ(ə)ns/ enge Spezifikationen very exact measurements or very detailed plans about how something is to be The design engineer designs products or components to tight specifications.
made
tolerances (noun) /ˈtɒlərənsɪs/ Toleranzen the amounts by which the size of a part of a machine can be different form the The components are machined to tolerances of less than one millimetre.
standard size before it prevents the machine from operating correctly
tough (adjective) *** /tʌf/ hart difficult to break or damage The competition is tough but I believe we can achieve good results.
unreliable (adjective) * /ˌʌnrɪˈlaɪəb(ə)l/ unzuverlässig things such as equipment or methods that are unreliable will not work without They changed their provider because the service was unreliable.
problems
upmarket (adjective) /ʌpˈmɑː(r)kɪt/ gehoben upmarket services or goods are designed for people who have a lot of money High-income consumers tend to shop in upmarket stores.
value for money (adjective) /ˈvæljuː fə(r) ˈmʌni/ Preis-Leistungs-Verhältnis something which is good value for money is a low price for its quality The majority of consumers appreciate value for money.
verify (verb) /ˈverɪfaɪ/ überprüfen to check or to prove that something is true or correct You should verify profit and loss margins before you continue.
workmanship (noun) /ˈwɜː(r)kmənʃɪp/ Verarbeitung the standard of someone's work, or the skill that they use in making something This is a fine piece of workmanship!
Unit 4
achieve a target (expression) /əˈtʃiːv ə ˈtɑː(r)ɡɪt/ ein Ziel erreichen to succeed in doing or having what you planned or intended, usually after a lot of Congratulations! We've achieved our targets for quality this year due to all your
effort hard work.
aggressive (adjective) ** /əˈɡresɪv/ aggressiv behaving in an angry or rude way that shows you want to fight, attack or argue Some people say David is passionate about the business, but I find him very
with someone aggressive.
anxious (adjective) ** /ˈæŋkʃəs/ besorgt worried because you think something bad might happen Everyone in the office is extremely anxious about the redundancy rumours.
bully (noun) /ˈbʊli/ Tyrann someone who uses their influence or status to threaten or frighten someone else A bully is aggressive and impatient.
in order to get what they want
burn out (verb) /bɜː(r)n aʊt/ einen Burn-Out kriegen if you burn out, or if you burn yourself out, you make yourself ill or unable to I'm worried Bjorn may burn out; he works long hours and he's always so
continue working because you have worked too hard stressed.
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charismatic (adjective) /ˌkærɪzˈmætɪk/ charismatisch a charismatic person has a strong personality that makes other people like them He is a charismatic leader; we all admire him.
and be attracted to them
confident (adjective) ** /ˈkɒnfɪd(ə)nt/ zuversichtlich someone who is confident believes in their own abilities and so does not feel They were confident their profits would exceed those of last year.
nervous or frightened
cooperative (adjective) * /kəʊˈɒp(ə)rətɪv/ hilfsbereit cooperative people are willing to do what you ask them I think she's very cooperative with her colleagues.
decisive (adjective) ** /dɪˈsaɪsɪv/ entscheidend able to make choices or decide what to do quickly and confidently Our company has played a decisive role in the upcoming merger.
direct (adjective) /dɪˈrekt/ unverblümt sein saying what you think in a clear and honest way She can be pretty direct which some people interpret as rudeness.
easygoing (adjective) /ˌiːziˈɡəʊɪŋ/ unkompliziert relaxed, calm, and not getting easily upset about things Katia is very easy-going and gets on with nearly everybody.
end user (noun) /end ˈjuːzə(r)/ Endverbraucher someone who buys and uses a product, especially a computer or a piece of The end users benefit from the end results of the project on a day-to-day basis.
software
establish a time frame /ɪˈstæblɪʃ ə taɪm freɪm/ einen Zeitrahmen festlegen to decide on the period of time during which something happens or must happen To make sense of our tasks, we need to establish a timeframe within which we
(expression) can all work.
fix a date (expression) /fɪks ə deɪt/ sich auf einen Zeitpunkt einigen to decide the date when something will happen We've been vague about the schedule for too long. It's time we fix a date for
definite and moved on.
friendly (adjective) *** /ˈfren(d)li/ freundlich someone who is friendly is always pleasant and helpful towards other people Katia is friendly and a good team-member.
get on well with (verb) /ɡet ɒn wel wɪð/ gut mit etwas/jemandem if people get on well with each other, they like each other and are friendly to each She gets on well with everyone.
klarkommen other
hard-working (adjective) * /hɑː(r)d ˈwɜː(r)kɪŋ/ fleissig a hard-working person puts a lot of effort into their work On the positive side, Anna is very hard-working.
helpful (adjective) ** /ˈhelpf(ə)l/ hilfsbereit a helpful person helps you do something or by giving you useful advice or Anna was incredibly helpful when I started working here; I really appreciated
information that.
impatient (adjective) * /ɪmˈpeɪʃ(ə)nt/ ungeduldig annoyed because something is not happening as quickly as you want He gets impatient with people who don't agree with him.
incompetent (adjective) /ɪnˈkɒmpɪt(ə)nt/ inkompetent lacking the ability or skills to do something She's definitely not incompetent; she's actually very capable.
independent (adjective) *** /ˌɪndɪˈpendənt/ unabhängig not depending on other people for help, or preferring to do things by yourself She's very independent and prefers to work alone.
individual (adjective) *** /ˌɪndɪˈvɪdʒuəl/ einzeln unusual or different from anyone or anything else, usually in a way that you admire Her way of presenting is really individual; I've never seen anything like it.
key stakeholder (noun) /kiː ˈsteɪkˌhəʊldə(r)/ wichtigster Stakeholder someone who has an interest in the success of a plan, system or organization, for The key stakeholders kept a close eye on the project; they asked for weekly
example a worker in a company or the parent of a child at a school updates.
leader (noun) *** /ˈliːdə(r)/ Anführer someone who is responsible for or in control of a group, organization, country, etc. A leader is charismatic and motivating.
let the team/s.o. down (verb) /let ðə tiːm/ˈsʌmwʌn daʊn/ jemand/etwas im Stich lassen to work less hard or make more mistakes than the people who you are working Hannah's really letting the team down by arriving late every day.
with
loner (noun) /ˈləʊnə(r)/ Einzelgänger someone who likes to be alone and has few friends The others in the team see her as a bit of a loner.
maverick (noun) /ˈmævərɪk/ Querdenker an independent person who has ideas and behaviour that are very different from A maverick is individual and unpredictable.
other people's
meet a deadline (expression) /miːt ə ˈdedˌlaɪn/ einen Abgabetermin einhalten to get something done by the specific time or date by which you have to do it Unless the team really pulls together, we'll never meet the deadline on the
Malaysian order.
messy (adjective) /ˈmesi/ unordentlich very untidy or dirty Her desk is so messy and disorganized; how can she keep track of everything?
miss a deadline (expression) /mɪs ə ˈdedˌlaɪn/ einen Abgabetermin verpassen to fail to get something done by the specific time or date by which you have to do it In the end, I missed my deadline for the accountancy project, but it didn't
matter: everybody else was late too.
motivating (adjective) /ˈməʊtɪveɪtɪŋ/ motivierend able to make someone eager to do something She has a motivating personality; things get done when she's around!
obsessive (adjective) /əbˈsesɪv/ obsessiv tending to develop obsessions about particular people or things I think he's a bit obsessive about work; he never stops and has a break.
organized (adjective) * /ˈɔː(r)ɡənaɪzd/ organisiert an organized person arranges and plans activities carefully and effectively He is incredibly organized.
over-critical (adjective) /ˈəʊvə(r) ˈkrɪtɪk(ə)l/ übertrieben kritisch sein tending to criticize a lot in a very unfair way People think she's over-critical, but I don't think she means to be.
pass the buck (verb) /pɑːs ðə bʌk/ den Schwarzen Peter weiterreichen to make someone else deal with something that you should take responsibility for She will pass the buck if she feels it's not her problem.
project manager (noun) /ˈprɒdʒekt ˈmænɪdʒə(r)/ Projekt-Manager someone whose job is to plan and organize the work that a project involves, The project manager delivered the project on time and within budget.
including deciding how much money and time and how many people are needed
project team member (noun) /ˈprɒdʒekt tiːm ˈmembə(r)/ Mitglied des Projekt-Teams someone who belongs to a team of people who are working on a project The project team members were chosen for the skills they could bring to the
project.
pull one's weight (verb) /pʊl wʌnz weɪt/ seinen Teil beitragen to do your share of work The others in the team often think she's not pulling her weight.
pull together (verb) /pʊl təˈɡeðə(r)/ zusammenarbeiten if people pull together, they work together to achieve something She knows what it means to pull together in a team.
reach a milestone /riːtʃ ə ˈmaɪlˌstəʊn/ einen Meilenstein erreichen to achieve something that marks an important stage in a process The project has been difficult so far. However, once we meet the next
(expression) milestone, everything should get easier.
selfish (adjective) * /ˈselfɪʃ/ selbstsüchtig thinking only about yourself and not caring about other people I've had enough of her selfish behaviour; we have to work as a team!
set a date (expression) /set ə deɪt/ einen Termin ausmachen to decide the date when something will happen Shall we set a date for the monthly meeting?
set a target (expression) /set ə ˈtɑː(r)ɡɪt/ ein Ziel setzen to give something to someone to do or to achieve Frank is an unreasonable boss; he always sets such high targets for our
overseas sales.
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settle in (well/badly) (verb) /ˈset(ə)l ɪn (wel/ˈbædli)/ sich eingewöhnen to become familiar with a new way of life, place, or job, or to make someone do You've been working here for two months now. How are you settling in?
this
single-minded (adjective) /ˈsɪŋɡ(ə)l ˈmaɪndɪd/ zielstrebig with your attention fixed on only one thing Anna is very independent and single-minded: she tends to do her own thing.
sponsor (noun) /ˈspɒnsə(r)/ Sponsor a country, organization or group that organizes and supports an activity The Ministry of Transport became the official sponsor of the new project.
stick to a budget (expression) /stɪk tuː ə ˈbʌdʒɪt/ sich an einen Finanzplan zu halten to spend no more than the amount of money you have available, or have planned Sam's excellent at getting things done on time, but she finds it impossible to
to spend on something stick to her budget.
stressed (adjective) /strest/ gestresst affected by stress Bjorn seems very stressed and worried.
take (it) easy (verb) /teɪk (ɪt) ˈiːzi/ es gemütlich angehen lassen to rest and not do things that will make you tired He could certainly do with taking it easy sometimes; he needs to relax.
team player (noun) /tiːm ˈpleɪə(r)/ Team-Player someone who works well with other people as part of a group A team-player is cooperative and helpful.
unpredictable (adjective) * /ˌʌnprɪˈdɪktəb(ə)l/ unvorhersehbar changing often, in a way that is impossible to prepare for The weather here is really unpredictable.
workaholic (noun) /ˌwɜː(r)kəˈhɒlɪk/ Workaholic someone who spends most of their time working and has little interest in other She's a workaholic. It's affecting her health.
things
Unit 5
a declining market /ə dɪˈklaɪnɪŋ ˈmɑː(r)kɪt/ ein rückläufiger Markt a market which is becoming smaller or worse Most companies are reluctant to invest in promoting a product if it faces a
(expression) declining market.
a market study (expression) /ə ˈmɑː(r)kɪt ˈstʌdi/ Marktstudie an examination of what people want buy, how to communicate with them through The purpose of conducting a market study is to obtain information about
advertising, what competitors are doing, etc. customer's needs and how well they are met.
a niche market (expression) /ə niːʃ ˈmɑː(r)kɪt/ Nischenmarkt the part of an industry that sells a particular type of product or service to the small If you have an innovative but specialized product, don't worry, there will be a
number of customers who want it niche market for it somewhere.
advertising (noun) ** /ˈædvə(r)ˌtaɪzɪŋ/ Werbung the business of making advertisements We spend $5 million a year on advertising.
blend (verb) /blend/ mischen to be combined with other things in an attractive or effective way The concept of mix coherency refers to how well the components of the mix are
blended together.
BOGOF (buy one get one /ˈbɒgɒf (baɪ wʌn ɡet wʌn friː)/ the practice of giving customers an extra product free each time they buy one The BOGOF campaign helped to increase sales.
free) (expression) product
bring (a product) to market /brɪŋ (ə ˈprɒdʌkt) tə ˈmɑː(r)kɪt/ Markteinführung to start selling a product to customers Once you've found a manufacturer, it's time to bring the product to market.
(expression)
bundle (verb) /ˈbʌnd(ə)l/ bündeln to sell two or more things together as a single product Let's bundle the two products together; we'll sell more that way.
capture (market share) (verb) /ˈkæptʃə(r) ˈmɑː(r)kɪt ʃeə(r)/ (Marktanteile) gewinnen to get control of a market share from a competitor in business Your aim initially will be to capture market share.
cashback (noun) /ˈkæʃˌbæk/ Cashback money that is returned to you after you have paid for something, usually because One example of cashback is when big chain stores have a debit card which
you accept particular conditions allows shoppers to receive cash along with their goods when they pay by debit
card.
communication (noun) *** /kəˌmjuːnɪˈkeɪʃ(ə)n/ Kommunikation the process of giving information or of making emotions or ideas known to There was a breakdown in communication between the two departments.
someone
convenience (noun) * /kənˈviːniəns/ Annehmlichkeit a condition that makes it easier to do something and helps you to avoid wasting Customers often choose convenience over price.
time or effort
cost (noun) *** /kɒst/ Kosten the amount of money that is needed in order to buy, pay or do something The cost of promoting the new product range will be fairly high.
customer solution (noun) /ˈkʌstəmə(r) səˈluːʃ(ə)n/ Kundenlösung a way to solve a problem for a customer From a consumer's perspective, product converts into customer solution.
direct marketing (noun) /dɪˈrekt ˈmɑː(r)kɪtɪŋ/ Direktmarketing the sale of products to people by post or telephone instead of in shops The direct marketing campaign was a success with an unprecedented
response.
diversify (verb) /daɪˈvɜː(r)sɪfaɪ/ neue Märkte erschliessen to develop new products or activities in addition to the ones that you already How can Old Orchard update its image and diversify into new markets?
provide or do
e-marketing (noun) /iː ˈmɑː(r)kɪtɪŋ/ E-Marketing the process of advertising and selling products and services on the Internet, for It was vital to have a well thought out e-marketing campaign.
example, on a company website or by email
enter a market (expression) /ˈentə(r) ə ˈmɑː(r)kɪt/ Markteintritt to start to sell products in a new market When we first entered the market, sales figures were incredibly low.
flood the market (expression) /flʌd ðə ˈmɑː(r)kɪt/ den Markt zu fluten to make such a large number of goods or services available for sale that they In order to capture market share, you might have to flood the market with a
cannot be sold and the price falls large number of cheap products - even below cost.
franchise (noun) /ˈfræntʃaɪz/ Franchise a business that operates under a franchise system, which is a formal agreement Several teams bid for the franchise.
for someone to sell a company's products or services in a particular place, in
exchange for a payment or part of the profits
loss leader (noun) /lɒs ˈliːdə(r)/ Lockartikel a product sold at a very low price to encourage customers to buy other products in Inkjet printers are a good example of loss leaders: the printer itself is cheap, but
the same shop or other products made by the same company the customer is forced to buy that manufacturer's high-priced ink cartridges
and special paper.
market leader (noun) /ˈmɑː(r)kɪt ˈliːdə(r)/ Marktführer a company that sells more of its products than any other company of its type If your product is a good one, and your competitors weak, then hopefully you
will soon become the market leader.
market research (noun) /ˈmɑː(r)kɪt ˈriːsɜː(r)tʃ/ Marktforschung the process of collecting information about what products people like to buy, or Market research is needed in order to estimate the cost of doing business in a
what people like or dislike about a particular product particular area.
market segmentation (noun) /ˈmɑː(r)kɪt ˌseɡmənˈteɪʃ(ə)n/ Marktsegmentierung the dividing of all possible customers into groups based on their needs, age, If you do market research you will discover how the market is divided up: the
education, income, etc. market segmentation.
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market share (noun) * /ˈmɑː(r)kɪt ʃeə(r)/ Marktanteil the percentage of the total amount of sales of a particular product that a company Market share and profit margins are declining.
has
marketing mix (expression) /ˈmɑː(r)kɪtɪŋ mɪks/ Marketing-Mix the combination of actions a company uses when selling a product or service. The most common variables used in constructing a marketing mix are price,
These are often described as the four Ps (=product, price, place, and promotion) promotion, product and placement.
mature market (expression) /məˈtʃʊə(r) ˈmɑː(r)kɪt/ reifer Markt a mature market, industry, or product has stopped growing or developing as fast How can That Touch grow in what seems to be a mature market?
as it did when it was new
mix coherency (expression) /mɪks kəʊˈhɪərənsi/ Mix-Kohärenz the way in which the different actions a company uses when selling a product or A strategy of selling expensive luxury products in discount stores has a poor
service blend together to achieve the desired result mix coherency between product and placement.
mix dynamics (expression) /mɪks daɪˈnæmɪks/ Mix-Dynamik the way in which the combination of actions a company uses when selling a With any given product, it is essential to assess the mix dynamics.
product or service must be adapted to suit changing circumstances e.g. changes
in the product life cycle stages
placement (noun) /ˈpleɪsmənt/ Arbeitsvermittlung the act of putting something into a position We have several people working with us this week; they are all on job
placement schemes.
price (noun) *** /praɪs/ Preis the amount of money that you have to pay in order to buy something From a consumer's perspective, price converts into cost.
product (noun) *** /ˈprɒdʌkt/ Produkt something that is made, grown, or obtained in large quantities so that it can be We have a range of products targeting the teenage market.
sold
product life cycle (expression) /ˈprɒdʌkt laɪf ˈsaɪk(ə)l/ Produktlebenszyklus the series of changes that a product goes through during its existence A product goes through several stages during its product life cycle.
product placement (noun) /ˈprɒdʌkt ˈpleɪsmənt/ Produktplatzierung the use of a company's product in a film or television show as a way of advertising There was far too much product placement in that movie; I felt like I was
the product watching a very long advert!
profit margin (noun) /ˈprɒfɪt ˈmɑː(r)dʒɪn/ Gewinnmarge the difference between how much money you get when you sell something and Profit margins look good as well, don't they?
how much it costs you to buy and make it
promotion (noun) *** /prəˈməʊʃ(ə)n/ Werbung the process of attracting people's attention to a product or event, for example by From a consumer's perspective, promotion converts into communication.
advertising
saturated market (expression) /ˈsætʃəˌreɪtɪd ˈmɑː(r)kɪt/ gesättigter Markt a market in which more products are offered than customers want to buy How can Crunchy Morning capture market share in a saturated market?
tying (verb) /taɪɪŋ/ verknüpfen the process of making sales of one product depend on the customer buying Tying is often seen in electronics, in video games, for example where games
another consoles will only run software licensed by the manufacturer.
undercover marketing (noun) /ˌʌndə(r)ˈkʌvə(r) ˈmɑː(r)kɪtɪŋ/ verdecktes Marketing a type of marketing in which customers do not realise that a company is They hired some actors to go around town and act out conversations to
advertising to them promote the product; it was a great undercover marketing idea.
viral marketing (noun) /ˈvaɪrəl ˈmɑː(r)kɪtɪŋ/ virales Marketing a type of marketing in which an organization's customers advertise a product Do you know which online social networks can help with viral marketing?
simply by talking to other people about it
Unit 6
acquire (verb) ** /əˈkwaɪə(r)/ erwerben to get something, for example by buying it or being given it You can spread the cost of acquiring assets and maintenance will be covered.
assets (noun) /ˈæsets/ Vermögenswerte things such as money or property that a person or company owns If you take out a bank loan, you may need to provide security, such as business
assets, or a guarantor.
bank loan (expression) /bæŋk ləʊn/ Darlehen an amount of money that a person, business, or country borrows from a bank Regular payments on a bank loan can make it easier to budget
business angel (noun) /ˈbɪznəs ˈeɪndʒ(ə)l/ Business Angel a person who invests in a new business to help get it started Business angels may turn down proposals for no apparent reason.
cash flow (noun) * /kæʃ fləʊ/ Cash-Flow the rate at which a business takes in money through sales and pays it out for the ASC is a small engineering company that has temporary cash flow problems.
things it needs to continue operating
check sth out (verb) /tʃek ˈsʌmθɪŋ aʊt/ überprüfen to examine someone or something in order to be certain that everything is correct, Angels always check out an entrepreneur's background thoroughly.
true or satisfactory
come up (verb) /kʌm ʌp/ auftauchen to be mentioned and need to be considered Problems often come up in the early stages.
concept (noun) *** /ˈkɒnsept/ Konzept an idea for something new It's not just the food but the whole concept that we're offering.
convince (verb) *** /kənˈvɪns/ überzeugen to make someone believe that something is true I tried to convince him to stay with the company but he had made his mind up.
downside (noun) /ˈdaʊnˌsaɪd/ Nachteil this disadvantage or negative aspect of something The downside to the merger is that we'll have to relocate.
draw up (verb) /drɔ ʌp/ entwerfen to prepare and write something such as a document or plan It's worth getting a lawyer to draw up any contracts rather than trying to write
them yourself.
due diligence (noun) /djuː ˈdɪlɪdʒ(ə)ns/ Due Diligence the process of carefully examining something or someone, especially before We need to have everything in order before the due diligence check.
agreeing to buy it or employ them
equity (noun) ** /ˈekwəti/ Eigenkapital company shares that can be brought and sold on a stock market The term sheet also includes the type of equity and board of directors
representation.
equity finance (expression) /ˈekwəti ˈfaɪnæns/ Beteiligungskapital the finance that a company gets from selling shares rather than borrowing money It is hard to raise equity finance, and your own influence and share of the profits
will be smaller.
exit route (noun) /ˈeksɪt ruːt/ Exitstrategie a plan that allows you to stop being involved in a situation without causing any We need to ensure we have some possible exit routes.
harm or disadvantage to yourself
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expertise (noun) ** /ˌekspə(r)ˈtiːz/ Expertise special skill or knowledge that you get from experience, training or study An investor can give you the benefit of their expertise.
financial advisor (noun) /faɪˈnænʃ(ə)l ədˈvaɪzə(r)/ Finanzberater someone whose job it is to help people invest by giving them advice and We spoke to the financial advisor and she suggested we take out a loan.
managing their investments
financial forecast (noun) /faɪˈnænʃ(ə)l ˈfɔː(r)kɑːst/ Finanzprognose a statement of what a company's financial position is likely to be in the future, for David will be presenting the financial forecast in today's meeting.
example what its costs, income and profits will be
financial projections (noun) /faɪˈnænʃ(ə)l prəˈdʒekʃ(ə)nz/ Finanzprojektion calculations of the way that finances will change and develop in the future They weren't happy with our financial projections, so we were advised to review
our business plan..
financial return (noun) /faɪˈnænʃ(ə)l rɪˈtɜː(r)n/ Gewinn a profit on money that you have invested What will the financial return be on this particular project?
forecast (verb) * /ˈfɔː(r)kɑːst/ prognostizieren to make a statement about what is likely to happen, usually relating to the weather, We were forecasting between 30 and 40%, so our business plan was rejected.
business, or the economy
friends and family (expression) /frendz ən ˈfæm(ə)li/ Familie und Freunde people you know well and like and people you are related to Funding from friends and family can put a strain on your relationships.
funding (noun) ** /ˈfʌndɪŋ/ Finanzierung money that a government or organization provides for a specific purpose With equity finance, you get your funding, while the investor only realizes their
investment when the business is doing well.
get through (verb) /ɡet θruː/ durchkommen to reach a good enough standard to pass a test Only two per cent of business plans get through the complete funding process.
go through (verb) /ɡəʊ θruː/ zustande kommen if something such as a request, proposal or contract goes through, it is officially A lot of hard work is necessary before the deal goes through.
accepted or approved
grant (noun) *** /ɡrɑːnt/ finanzieller Zuschuss an amount of money that the government or an organization gives you for a Grants are a source of cheap financing.
specific purpose and does not ask you to pay back. Money that you have to pay
back is called a loan
growth potential (noun) /ɡrəʊθ pəˈtenʃ(ə)l/ Wachstumspotential the possibility for something to grow or increase in the future The venture capitalist said we were too 'niche' with not enough growth potential.
guarantor (noun) /ˌɡærənˈtɔː(r)/ Bürge someone who makes an official agreement to be responsible for money that She has agreed to act as our guarantor.
someone else owes or for someone else's behaviour
hands-on experience (noun) /hændz ɒn ɪkˈspɪəriəns/ praktische Erfahrung knowledge or skill that someone gets from doing something rather than just We didn’t have the hands-on experience they were looking for.
reading about it or seeing it being done
interest-free loan (expression) /ˈɪntrəst fri ləʊn/ zinsfreier Kredit an amount of money you borrow for which you are not charged any interest Friends and family might be willing to provide an interest-free loan or not require
security.
Internal Rate of Return (IRR) /ɪnˈtɜː(r)n(ə)l reɪt ɒv rɪˈtɜː(r)n (aɪ interner Zinsfuß a calculation that measures how much profit an investment makes, without The first angel we met turned us down because of the IRR.
(noun) ɑː(r) ɑː(r))/ considering things such as interest rates or inflation
investor (noun) ** /ɪnˈvestə(r)/ Investor a person or organization that invests money If your presentation is successful, interested investors will check out the
statements made in your business plan, presentation and financial projections.
leasing (verb) /liːsɪŋ/ leasen a financial arrangement in which a person, company, etc. pays to use land, a A negative aspect of leasing is that you don't own the assets until the end of
vehicle, etc. for a particular period of time the agreement.
market awareness /ˈmɑː(r)kɪt əˈweə(r)nəs/ Marktbekanntheit knowledge or understanding of a market Companies usually set a target for the degree of market awareness they intend
(expression) to achieve, and then plan a promotional campaign to reach that target.
outright ad(verb) /ˌaʊtˈraɪt/ geradeheraus used for emphasizing that something happens or is done completely at one time or They told us outright that they liked our idea.
in a single process
overdraft (noun) /ˈəʊvə(r)ˌdrɑːft/ Überziehungskredit an agreement with your bank that allows you to spend money when you have no An overdraft can be a very flexible option for short-term or day-to-day
money left in your account requirements.
patent (verb) /ˈpeɪt(ə)nt/ patentieren to get a patent for something. A patent is an official document that gives someone Don Beal is an inventor. He has patented a new type of car engine which is
who has invented something the legal right to make or sell that invention for a 50% more efficient than existing engines.
particular period of time, and prevents anyone else from doing so
pitch (noun) ** /pɪtʃ/ Wettbewerbspräsentation the things you say to persuade someone to buy something or to support you Be prepared to make a ten-minute pitch and answer any questions that come
up.
prototype (noun) * /ˈprəʊtətaɪp/ Prototyp the first form of something new, made before it is produced in large quantities Don Beal needs money to produce a prototype but wants to keep control of his
business.
put forward (verb) /pʊt ˈfɔː(r)wə(r)d/ vorbringen to offer an idea, opinion, reason, etc., especially so that people can discuss it and In your pitch, you should put forward clear and convincing arguments.
make a decision
raise (finance) (verb) /reɪz (ˈfaɪnæns)/ (Geldmittel) beschaffen to collect money for a particular purpose How much investment will you need and how will you raise the money?
raw materials (noun) * /rɔː məˈtɪəriəlz/ Rohstoffe substances such as coal or iron that are in their natural state before being ASC is a small engineering company which needs £1,500 to pay for raw
changed by chemical processes materials.
screening meeting (noun) /ˈskriːnɪŋ ˈmiːtɪŋ/ Screening-Treffen a meeting to discuss checks that an employer makes in order to be sure that I've got some great news; we've been invited to the screening meeting!
someone they want to employ is suitable for a particular job
self-funding (expression) /self ˈfʌndɪŋ/ Selbstfinanzierung the act of providing the money that you need for something yourself, without The downside of self-funding is that using credit cards can be expensive in the
borrowing from other people or a bank long term.
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The Business 2.0 Upper Intermediate Wordlist
German
set out (verb) /set aʊt/ erklären to explain, describe, or arrange something in a clear and detailed way, especially The term sheet sets out all the conditions of the deal.
in writing
spread the cost of /spred ðə kɒst/ Kosten verteilen to make regular payments towards the total cost of something, usually for a period If we spread the cost over five years, it won't affect our budget too badly.
(expression) of months or years
start-up (noun) /stɑː(r)t ʌp/ Start-Up a small business that is just being started Fixa is a start-up providing home help for all sorts of everyday tasks or
problems.
submit (verb) *** /səbˈmɪt/ einreichen to formally give something to someone so that they can make a decision about it Once you have decided to submit a plan, complete our application online.
target customers (noun) /ˈtɑː(r)ɡɪt ˈkʌstəmə(r)z/ Kundenzielgruppe the type of people that a company wants to sell its products or services to Our target customers were specialists in their own field and there would've
been a limit to what we could sell them.
temping agency (noun) /tempɪŋ ˈeɪdʒ(ə)nsi/ Zeitarbeitsfirma a company that helps organizations find temporary workers and that helps workers Busybodies is a temping agency providing clerical help to other companies.
find temporary jobs
term sheet (noun) /tɜː(r)m ʃiːt/ Absichtserklärung a bullet-point document which sets out the terms and conditions of a business On successful completion of the due diligence process, interested angel group
agreement members will draw up a term sheet that sets out the structure of the investment
deal.
track record (noun) /træk ˈrekɔː(r)d/ Erfahrungshintergrund your reputation, based on the things that you have done Investors will go over your team's background and track record in detail.
turn down (verb) /tɜ (r)n daʊn/ ablehnen to not accept an offer or request If they didn't turn you down at Step 2, our review committee will invite you to a
screening meeting
venture capitalist (noun) /ˈventʃə(r) ˈkæpɪt(ə)lɪst/ Risikokapitalgeber a person or financial organization that invests in new businesses, especially ones The venture capitalist we contacted went through our business plan in detail.
that involve risk
weed out (verb) /wiːd aʊt/ aussortieren to remove a person or thing that is not suitable or good enough, especially from a The screening meeting allows investors to weed out poor applications at an
group or collection early stage.
work out (verb) /wɜː(r)k aʊt/ ausarbeiten to solve a problem by considering the facts In your pitch, you should work out clear and convincing arguments.
Unit 7
accounts payable (expression) /əˈkaʊnts ˈpeɪəb(ə)l/ Verbindlichkeiten Accounts payable should be found under the 'current liabilities' section on a Money owed by the company to its suppliers was referred to as 'creditors', while
balance sheet. these days it's called account payable.
accounts receivable (noun) /əˈkaʊnts rɪˈsiːvəb(ə)l/ Forderungen a record of how much money customers owe a company for goods and services In the old days, money owed to the company by its customers was referred to
on the BS as 'debtors'; these days it's called accounts receivable.
admin (noun), informal /ˈædmɪn/ Verwaltung the administration of a company, organization, etc. Admin is taken care of by the team secretary.
allow (verb) *** /əˈlaʊ/ ermöglichen if something such as an object or situation allows you to do something, it makes it I invested in some new accounting software which allows me to present the
possible for you to do it information in the form I need.
assets (noun) /ˈæsets/ Vermögenswerte things such as money or property that a person or company owns The basic equation in the balance sheet is: Assets minus Liabilities equals
Owner's Equity.
balance sheet (noun) /ˈbæləns ʃiːt/ Bilanzaufstellung, a written statement showing the value of a company at a particular time A balance sheet will provide a snapshot of a business's value at a particular
Vermögensübersicht point in time, showing what it has and what it owes.
(be) in debt (to someone) /(bi) ɪn det (tə ˈsʌmwʌn)/ in (jemandes) Schuld stehen a situation in which you owe money to another person The company is in debt to at least three banks.
(expression)
cash (noun) *** /kæʃ / Bargeld money in any form, especially money that is available for you to use when you Have you got any cash? I only have my credit card.
need
cash flow statement (noun) /kæʃ fləʊ ˈsteɪtmənt// Kapitalflußrechnung a document that shows the money coming into and going out of a company during A cash flow statement will indicate inflow and outflow of money over a specific
a particular period period, in particular to make sure it does not run out.
cash imbalances (noun) /kæʃ ɪmˈbælənsɪz/ unausgeglichener Kassenstand a temporary situation in which a business has not taken in enough money through We want to avoid any cash balances this quarter, if possible.
sales to pay out for the things it needs to continue operating
cash payments (noun) /kæʃ ˈpeɪmənts/ Ausgaben money that a business or organization pays out in a particular time period All funds going out of a business in a specific period are known as cash
payments.
cash receipts (noun) /kæʃ rɪˈsiːts/ Einnahmen money that a business or organization receives in a particular time period All money coming into a business in a specific period is known as cash
receipts.
cash sales (noun) /kæʃ seɪlz/ Barverkauf the total number of things that a company sells within a particular period of time, or What are the cash sales figures for this year?
money that is earned by selling things
compel (verb) ** /kəmˈpel/ zwingen to force someone to do something, or to get something from someone using force The profit and loss account compels us to make better decisions on what to do
next.
cost of sales (noun) /kɒst əv seɪlz/ Herstellungskosten the amount of money that a company spends in order to make and sell product in Will the cost of sales be higher or lower than last year?
a particular financial period, for example, on wages and raw materials
creditor (noun) ** /ˈkredɪtə(r)/ Gläubiger a person or company that is owed money by another person or company We owe the creditors a large percentage of our profits.
current assets (noun) /ˈkʌrənt ˈæsets/ kurzfristige Vermögenswerte assets such as cash, raw materials, parts or products that are still being made, Businesses often have money in the bank or money owed to them, known as
which a company will use or sell during the same year current assets.
current liabilities (noun) /ˈkʌrənt ˌlaɪəˈbɪlətiːz/ kurzfristige Verbindlichkeiten payments that a company must make within 12 months What are our current liabilities for this year?
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The Business 2.0 Upper Intermediate Wordlist
German
depreciation (noun) /dɪˌpriːʃiˈeɪʃ(ə)n/ Wertminderung the process of becoming less valuable Speedier vans suffered from depreciation with their value falling by 20%.
discourage (verb) * /dɪsˈkʌrɪdʒ/ abhalten to try to prevent something from happening, especially because you do not Checking the balance sheet has also discouraged me from developing bad
approve of it or think it is harmful habits.
earnings before taxes (noun) /ˈɜː(r)nɪŋz bɪˈfɔː(r) tæksɪz/ Gewinn vor Steuern a company's profits in a particular period, before taking away tax payments Can you calculate our earnings before taxes?
enable (verb) *** /ɪnˈeɪb(ə)l/ ermöglichen to give someone the ability or opportunity to do something The profit and loss account enable our investors to see that we are making a
profit.
encourage (verb) *** /ɪnˈkʌrɪdʒ/ ermutigen to provide conditions that help something to happen Because our balance sheet is a snapshot, I find it encourages me to really think
about whether my business is in the best shape.
expenditure (noun) ** /ɪkˈspendɪtʃə(r)/ Ausgaben money spent by a government, organization, or person About a quarter of our expenditure goes on raw materials and other subsidies.
expenses (noun) /ɪkˈspensɪz/ Auslagen money that a company or organization spends in order to produce or sell its In the Income Statement, you start with your Net Sales and then subtract
products or services various costs and expenses.
extraordinary income (noun) /ɪkˈstrɔː(r)d(ə)n(ə)ri ˈɪnkʌm/ außerordentlicher Gewinn money which a business makes from a unique situation that is unlikely to happen Extraordinary income should be found under the 'other income' section on a
again, for example the sale of assets or an insurance settlement profit and loss account.
fixed assets (noun) /fɪkst ˈæsets/ Sachanlagevermögen things, such as land, buildings, equipment, etc., which are owned by a company Some things that a business owns cannot be turned easily into cash: these
and which are used to produce income for the company things are its fixed assets.
force (verb) *** /fɔː(r)s/ zwingen if an event or situation forces you to do something, you have to do it even if you If we got this wrong, it might even force us to go out of business.
don't want to
go from strength to strength /ɡəʊ frəm streŋθ tə streŋθ/ zunehmend erfolgreicher werden to become more and more successful Our bakery business, Kernal, has gone from strength to strength.
(expression)
go out of business /ɡəʊ aʊt əv ˈbɪznəs/ den Betrieb einstellen if a company goes out of business, it stops doing business permanently, especially If sales don't improve soon, we might go out of business.
(expression) because it has failed
gross profit (noun) /ɡrəʊs ˈprɒfɪt/ Bruttogewinn a company's profit from selling goods or services before costs not directly related The gross profit percentages are rising every year.
to producing them, for example interest payments and tax, are subtracted
in credit (expression) /ɪn ˈkredɪt/ im Plus sein to have more money in an account than the amount you have taken out I can't believe we're in credit! We've been in the red for so long.
income (noun) *** /ˈɪnkʌm/ Einkommen money that someone gets from working or from investing money My income has remained fairly steady for the past five years.
inflow (noun) /ˈɪnfləʊ/ Zufluss an amount of something such as money or goods that comes into a place There has been a massive inflow of foreign investment.
keep an eye on (expression) /ki p æn aɪ ɒn/ im Auge behalten to look after someone or something Keeping an eye on cash flow has always been important to prevent cash
imbalances.
keep track (of) (expression) /kiːp træk (əv)/ den Überblick behalten to have all the information that you need about something I can't keep track of the sales figures; they're so erratic!
land (noun) *** /lænd/ Grundstück an area that someone owns, often including the buildings on it A company might have a one-time income from the sale of some land or the
sale of part of a business.
let (verb) *** /let/ (zeigen) to allow something to happen The balance sheet lets me see what I actually owe in the short and long term.
liabilities (noun) /ˌlaɪəˈbɪlətiːz/ Verbindlichkeiten money that a company owes A business's liabilities are the sums that it will have to pay at some time in the
future, such as loan repayments or taxes.
loan (noun) *** /ləʊn/ Darlehen an amount of money that a person, business, or country borrows, especially from We need to take out a loan to start renovations on the restaurant.
a bank
loan repayments (noun) /ləʊn rɪˈpeɪmənts/ Darlehensrückzahlung amounts of money that a company or organization has to pay the person, bank, The loan repayments end this April.
etc. that is has borrowed from
loans repayable (expression) /ləʊns rɪˈpeɪəb(ə)l/ zurückzuzahlende Darlehen loans that are repayable over a particular period of time, or by a particular person, Loans repayable is classed as a long-term liability.
must be paid back by the end of that period or by that person
long-term liabilities (noun) /lɒŋ tɜː(r)m ˌlaɪəˈbɪlətiːz/ langfristige Verbindlichkeiten debts that do not need to be paid for at least a year We have several long-term liabilities which we need to keep an eye on.
make (verb) *** /meɪk/ (jemanden zu etwas) bringen to force someone to do something The balance sheet made me pay my creditors sooner rather than later, when
the balance sheet looks better it improves our position with the bank.
net assets (noun) /net ˈæsets/ Nettovermögen the total value of a person's or company's assets after their total debt has been The difference between what a business owns and what it owes are its net
subtracted assets.
net cash flow (noun) /net kæʃ fləʊ/ Netto-Cashflow the amount of money moving into and out of a business We'll have an idea of the net cash flow next month.
net income (noun) /net ˈɪnkʌm/ Nettoeinnahmen the total income of a person or company after all tax and other costs have been Our net income is €100,000.
paid
net sales (noun) /net seɪlz/ Nettoumsatz the total value of a company's sales after amounts for costs such as returned, The total income from all of a business's normal trading activity is known as net
damaged, or missing goods and any price reductions, taxes, etc. have been sales.
subtracted
operating profit (noun) /ˈɒpəreɪtɪŋ ˈprɒfɪt/ Betriebsergebnis the profit that a company makes from its normal activities of selling goods or The amount of profit after general running costs are deducted is known as
services operating profit.
outflow (noun) /ˈaʊtˌfləʊ/ Abfluss the amount of money that leaves a company, industry, or country during a You can calculate the balance by subtracting cash outflows from cash inflows.
particular period
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The Business 2.0 Upper Intermediate Wordlist
German
owner's equity (noun) /ˈəʊnə(r)z ˈekwəti/ Eigenkapital the total value of a person's or company's assets after their total debt has been A business's net assets are equal to owner's equity.
subtracted
payroll (noun) /ˈpeɪˌrəʊl/ Gehaltsliste a list of all the people that a company employs and the money that each of them Cherubs Pre-school Nursery has five carers on its payroll.
earns
permit (verb) /pə(r)ˈmɪt/ zulassen to allow someone to do something or to allow something to happen Our investors wouldn't permit us to take any unnecessary risks.
plant and machinery (noun) /plɑːnt ən məˈʃiːnəri/ Maschinen und technische Anlagen large machines and equipment used in industry Plant and machinery should be found under the 'fixed assets' section on a
balance sheet.
prevent (verb) *** /prɪˈvent/ verhindern to stop something from happening Checking cash flow has always been important to prevent cash imbalances.
profit and loss account (noun) /ˈprɒfɪt ən lɒs/ Gewinn- und Verlustrechnung a document that shows how much money was received and spent by a company A profit and loss account will show managers whether a business made or lost
during a particular period of time and whether or not it made a profit money over a specific period.
prohibit (verb) *** /prəʊˈhɪbɪt/ verbieten to officially stop something from being done, especially by making it illegal Business angels don't prohibit certain practices the way some accounting
regulations do.
raw materials (noun) * /rɔː məˈtɪəriəlz/ Rohstoffe substances such as coal or iron that are in their natural state before being KJK Products spent €10,000 on raw materials for manufacturing.
changed by chemical processes
rent (noun) *** /rent/ Miete an amount of money that you pay regularly for using a house, room, office, etc. The rent has increased by 20% since last year.
that belongs to someone else
running costs (noun) /ˈrʌnɪŋ kɒsts/ Betriebsausgaben the money that you spend regularly to operate a machine or to manage a business The running costs are surprisingly low.
or service
snapshot (noun) /ˈsnæpˌʃɒt/ Momentaufnahme a short description that tells you what a particular place or situation is like at a Because our balance sheet is a snapshot, it gives us a clear and immediate
particular time idea of the shape our business is in.
spreadsheet (noun) * /ˈspredˌʃiːt/ Tabellendokument a chart produced on a computer that shows numbers in a way that makes them I used to use a spreadsheet, but I've invested in some accounting software
easy to compare now.
start-up loan (noun) /stɑː(r)t ʌp ləʊn/ Start-Up Darlehen an amount of money that someone borrows, especially from a bank, to start a new We have to fill out this application form if we want to apply for a start-up loan.
business
tax (noun) *** /tæks/ Steuern an amount of money that you have to pay to the government that it uses to She owes over £50,000 in unpaid taxes.
provide public services and pay for government institutions. There are several
different types of tax, for example income tax that is paid on your income or a duty
that is paid on the goods that you buy or sell
taxes payable (expression) /tæksɪz ˈpeɪəb(ə)l/ anfallende Steuern taxes which must be paid Please keep a record of all the taxes we need to pay in the taxes payable
document.
Unit 8
a fair deal (noun) /ə feə(r) diːl/ ein faires Abkommen if a deal is fair, everyone is treated equally and in a reasonable way After hours of negotiating, they set up a fair deal.
accountability (noun) /əˌkaʊntəˈbɪləti/ Rechenschaftspflicht a situation in which people know who is responsible for something and can ask Values like honesty, fairness, transparency and accountability, when combined
them to explain its state or quality. with commercial and manufacturing best practice, can help to make the world a
better place.
advocate (verb) * /ˈædvəkeɪt/ befürworten to publicly support a particular policy or way of doing things Shallanberger advocates a third way.
agree an out-of-court /əˈɡriː ən aʊt əv kɔː(r)t sich auf einen außergerichtlichen to reach an agreement in a legal argument that an amount of money will be paid They agreed to an out of court settlement as the legal process was becoming
settlement (expression) ˈset(ə)lmənt/ Vergleich einigen without the case being decided officially in a law court. extremely expensive.
amend a contract (expression) /əˈmend ə ˈkɒntrækt/ einen Vertrag abändern to make changes to a contract, especially in order to improve it We will have to amend the contract; the amount of annual leave has changed.
apply (a penalty clause) /əˈplaɪ (ə ˈpen(ə)lti klɔːz/) eine Konventionalstrafklausel to use a particular method, process, law, etc. Due to late completion, we applied the penalty clause.
(expression) anwenden
award a contract (expression) /əˈwɔː(r)d ə ˈkɒntrækt/ einen Auftrag vergeben to officially give someone a contract Have you decided who we should award the contract to yet?
bend the rules (for someone) /bend ðə ruːlz (fə(r) ˈsʌmwʌn)/ die Regeln umgehen to allow something that is not normally allowed Lying, cheating and bending the rules is unacceptable.
beyond reproach (expression) /bɪˈjɒnd rɪˈprəʊtʃ/ über jeden Vorwurf erhaben impossible to criticize because of being so good A company should be morally beyond reproach.
best practice (expression) /best ˈpræktɪs/ Best Practice the best, most effective way to do something Best practice is a process that has been shown to give excellent results.
borderline ethics (noun) /ˈbɔː(r)də(r)ˌlaɪn ˈeθɪks/ moralische Grenze the minimum level of behaviour that is considered ethical A world where six-figure salaries, stock options and golden retirements are a
CEOs top priority encourages borderline ethics.
breach of contract /briːtʃ əv ˈkɒntrækt/ Vertragsbruch a failure to do something that you have promised to do in a contract Calisto will be in breach of contract if they deliver late.
(expression)
break a contract (expression) /breɪk ə ˈkɒntrækt/ einen Vertrag brechen to not do something that you promised to do in a contract He broke the contract by leaving his job without giving notice.
bribery (noun) * /ˈbraɪb(ə)ri/ Bestechung the crime of giving money or presents to someone so that they will help you by He is appearing in court on charges of bribery and tax evasion.
doing something dishonest or illegal
cancel a contract (expression) /ˈkæns(ə)l ə ˈkɒntrækt/ von einem Vertrag zurücktreten to say that a legal agreement or obligation set out in a contract is now ended We had to cancel the contract as the service was unacceptable.
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The Business 2.0 Upper Intermediate Wordlist
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conspiracy (noun) * /kənˈspɪrəsi/ Verschwörung the legal offence of planning a serious crime There was a conspiracy against the party leadership.
corporate governance (noun) /ˈkɔː(r)p(ə)rət ˈɡʌvə(r)nəns/ Corporate Governance the way in which a company is managed by the people who are working at the Hannah Shallanberger, who serves on the board of several corporations,
highest level in it argues that good corporate governance is not incompatible with making profits.
corruption (noun) ** /kəˈrʌpʃ(ə)n/ Korruption dishonest or illegal behaviour by officials or people in positions of power, especiallyThe bank was closed down amid allegations of corruption and fraud.
when they accept money in exchange for doing things for someone
deadline (noun) * /ˈdedˌlaɪn/ Abgabetermin a specific time or date by which you have to do something The deadline is tomorrow; there is no way I'm going to finish on time!
draft a contract (expression) /drɑːft ə ˈkɒntrækt/ einen Vertrag aufsetzen to write a contract that may have changes made to it before it is finished We need to draft a contract for the new cleaning company.
embezzlement (noun) /ɪmˈbez(ə)lmənt/ Veruntreuung the act of stealing money that people trust you to look after as part of your work
He was charged with theft and embezzlement and five counts of money
laundering.
empowerment (noun) /ɪmˈpaʊə(r)mənt/ Stärkung the process of giving a group of people more freedom or rights Many companies favour employee empowerment.
enforce (verb) ** /ɪnˈfɔː(r)s/ durchsetzen to make sure that a law or rule is obeyed by people The main role of the police is to uphold and enforce the law.
executive pay (noun) /ɪɡˈzekjʊtɪv peɪ/ Managergehalt money that senior managers in a business or other organization receive for doing Executive pay has increased by 12% over the last year.
their job
fairness (noun) /ˈfeə(r)nəs/ Fairness behaviour that is reasonable and right He has a real sense of fairness and treats everyone with respect.
foster (verb) * /ˈfɒstə(r)/ fördern to help something to develop over a period of time Some companies foster a sense of ownership and social responsibility
throughout their organization.
fraud (noun) ** /frɔːd/ Betrug the crime of obtaining money from someone by tricking them Police are investigating a complex fraud involving several bogus contractors.
go to court (e.g. a case) /ɡəʊ tə kɔː(r)t/ vor Gericht gehen to be discussed and decided officially in court Is it really necessary to go to court? The legal expenses are so high.
(expression)
honesty (noun) * /ˈɒnɪsti/ Ehrlichkeit an honest way of behaving, speaking, or thinking Honesty and responsibility is the best policy.
incompatible (adjective) /ˌɪnkəmˈpætəb(ə)l/ nicht kompatibel ideas, systems, or machines that are incompatible are not able to work or exist Unfortunately, the software systems were incompatible.
together because of basic differences
insider trading (noun) /ˌɪnˈsaɪdə(r) ˈtreɪdɪŋ/ Insiderhandel the crime of buying or selling shares in a company using information that is They have accused several employees of insider trading.
available only to people working within that company
irregularity (noun) /ɪˌreɡjʊˈlærəti/ Regelwidrigkeiten a situation in which the rules, laws, or any usual ways of doing things have not Regulatory bodies investigate irregularities in company practice and finance.
been followed
legally binding contract /ˈliːɡəli ˈbaɪndɪŋ ˈkɒntrækt/ rechtskräftiger Vertrag a legally binding contract is one that the law says you must obey A legally binding contract is one which can be enforced by the legal system.
(expression)
litigation (noun) /ˌlɪtɪˈɡeɪʃ(ə)n/ Gerichtsverfahren use of the legal system to settle a disagreement In some cases the two parties can avoid the expense of litigation by agreeing to
an out-of-court settlement.
minimum wage (noun) /ˈmɪnɪməm weɪdʒ/ Mindestlohn the smallest amount of money that an employer is legally allowed to pay a worker All companies must ensure they pay the minimum wage allowed by the law.
money-laundering (noun) /ˈmʌni ˈlɔːndə(r)ɪŋ/ Geldwäsche the action of moving money which has been earned illegally through banks and Because they have no record of their earnings, the police suspect them of
other business, to make it seem to have been earned legally money-laundering.
negotiate a contract /nɪˈɡəʊʃieɪt ə ˈkɒntrækt/ einen Vertrag aushandeln to try to reach an agreement by discussing a contract in a formal way, especially in We are meeting today to negotiate a contract.
(expression) a business or political situation
nepotism (noun) /ˈnepəˌtɪz(ə)m/ Vetternwirtschaft the practice of using your and influence to give jobs to people in your family She gave the job to her nephew who was completely under-qualified; it's blatant
instead of to people who deserve to have them nepotism!
offence (noun) *** /əˈfens/ Straftat a crime or illegal activity for which there is a punishment She had committed no offence under military law.
ownership (noun) ** /ˈəʊnə(r)ʃɪp/ Besitz an attitude of accepting responsibility for something and taking control of how it I think we should promote Jane. She really took ownership of that difficult
develops restructure last year.
party (noun) *** /ˈpɑː(r)ti/ Beteiligte/r a person or group involved in something such as an agreement or disagreement, The planning team will announce details next week at a meeting for interested
especially a contract or legal case, with another person or group parties.
pay (millions) in damages /peɪ (ˈmɪljənz) ɪn ˈdæmɪdʒɪz/ einen Schadensersatz (in to pay money that a court orders you to pay someone because you have harmed If the case goes to court, the loser may be ordered to pay millions in damages.
(expression) Millionenhöhe) leisten them or their property
penalty clause (noun) /ˈpen(ə)lti klɔːz/ Konventionalstrafe a statement in an official agreement of the amount of money that someone will A penalty clause may apply and Calisto will have to pay compensation.
need to pay if they fail to obey the rules of the agreement
regulatory bodies (noun) /ˈreɡjʊlət(ə)ri ˈbɒdiz/ Regulierungsstelle official organizations that are responsible for checking whether businesses are Some companies can exceed the requirements of regulatory bodies and give
working legally and according to rules or laws customers, employees, the environment and shareholders a fair deal.
renege on a contract /rɪˈneɪɡ ɒn ə ˈkɒntrækt/ unberechtigt von einem Vertrag to decide not to do something that you promised to do in a contract By failing to pay for our services they reneged on the contract.
zurücktreten
sign a contract (expression) /saɪn ə ˈkɒntrækt/ einen Vertrag unterzeichnen to write your full name on a contract to show that you agree with what is written on Please sign the contract after reading the small print.
it
six-figure salary (noun) /sɪks ˈfɪɡə(r) ˈsæləri/ sechsstelliges Gehalt a salary of between 100,000 and 999,999 pounds, dollars, etc. a year The job guarantees a six-figure salary and a range of excellent benefits.
social responsibility (noun) /ˈsəʊʃ(ə)l rɪˌspɒnsəˈbɪləti/ soziale Verantwortung the belief that a company should consider the social and environmental effects of It seems there is little space for global justice and social responsibility.
its activities on its employees and the community around it
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The Business 2.0 Upper Intermediate Wordlist
German
spiralling (adjective) /ˈspaɪrəlɪŋ/ ausufernd continuously becoming worse and worse Shallanberger blames Enron, WorldCom and other scandals first and foremost
on spiralling pay.
sue (verb) ** /sjuː/ verklagen to have a legal claim made against you, usually to get money from you because A company which fails to respect its commitments can be sued for breach of
you have done something bad to someone. The legal claim is called a lawsuit contract.
transparency (noun) /trænsˈpærənsi/ Transparenz an honest way of doing things that allows other people to know exactly what you Parents are demanding greater transparency in the selection process.
are doing
warranty (noun) /ˈwɒrənti/ Gewährleistung a company's written promise to repair or replace a product that you buy for them if On expiry of the warranty, an extension agreement may be entered in to.
it breaks or does not work, usually for a specific period of time after you buy it
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A bug is a minor fault in a computer system or program, whereas a virus is designed to deliberately damage or hijack software.
Understanding cash flow allows businesses to ensure they have enough liquidity to meet operational needs, reducing risk of insolvency and allowing strategic investments that drive growth. Poor cash flow management can lead to financial distress or bankruptcy.
Regular backups ensure that data can be recovered in case of loss or corruption, making it safer as it provides a reliable recovery option, unlike other methods that may not guarantee full data restoration.
Servers are considerably more reliable, quieter, and more powerful than PCs, which enhances their performance and reduces maintenance issues. Reliability ensures continuous operation critical for business functions.
A software suite comprises several applications that work together, offering integrated solutions and enhanced functionality, which can improve productivity and compatibility, whereas a single application has limited features.
Viral marketing leverages customers to advertise products by sharing with others, often through social networks, significantly increasing brand awareness and reach without direct cost, thus making it an effective strategy in digital marketing.
An intranet is a network within an organization that is only accessible to its members, facilitating internal communication and sharing of information. In contrast, the Internet is a global network accessible to everyone for exchanging information on a wide scale.
Undercover marketing can be perceived as manipulative or deceptive, affecting consumer trust and brand reputation. However, its subtlety may also lead to organic promotion and viral spread if consumers perceive it as authentic or engaging.
Angel investors provide critical early-stage funding and often strategic advice, which can guide startups towards success. However, their high expectations for return on investment can pressurize startups, potentially leading to tension and misaligned visions.
Failure to secure digital data may lead to unauthorized access, data breaches, and loss of sensitive information, resulting in financial losses, legal repercussions, and damage to reputation. Regular backups and cybersecurity measures mitigate these risks.