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lOMoAR cPSD| 59062190
BUSINESS ADVANCED VOCABULARY LOGBOOK Vietnamese Word Definition equivalent Examples U Độc quyền. The company had To control something monopolized N completely and to prevent the photography market for so To monopolize (v) other people from having many decades that they I any effect on what didn't worry about competitio happens. n from other companies. T You can regulate the To control something, To regulate temperature in especially by making it Điều chỉnh. 1 (v)
the house by adjusting the the work in a particular way. rmostat. To talk to someone for a I just wanted to touch base Touch base short time to find out how Liên hệ/Kết nối with you quickly before the (idm) they are or what they think với ai đó. meeting. about something.
We’ve arranged to have lunch To kick off Khởi động, bắt To begin, to start. and kick off the meeting (phr.v) đầu. afterward. Take it on the To accept unpleasant Chấp nhận thực It’s hard to accept, but chin events bravely and without tế, đau khổ mà
sometimes we just have to take (idm) complaining. không than phiền. it on the chin. It is time for someone to
I’ve helped him in every way I The ball’s in deal with a problem or
can – the ball’s in his court Đến phiên của ai someone’s court make a decision because now. đó/người nào đó. (idm) other people have already done as much as they can Something that you do that gives you a disadvantage Own goal and helps someone else, Tự mình hại
If we’re not careful here, we’ll (n) mình. score our own goal. even if this is the opposite of what you intended. Oligopoly A situation in which a Độc quyền Some say that Swedish banking (n) small number of nhóm/Thiểu is an oligopoly: the big four organizations or quyền. banks control 89% of total companies have control of banking assets. an area of business, so that others have no share. lOMoAR cPSD| 59062190 A situation where the Cạnh tranh hoàn
If a resource is not rare, then sellers of a product or hảo. perfect competition dynamics Perfect service are free to compete are likely to be observed. competition fairly, and sellers and (n) buyers have complete information. A situation in which one company is able to supply Technology has moved on, Natural the whole market for a Độc quyền tự turning what was once a monopoly product or service more nhiên. natural monopoly into a (n) cheaply than two or more
potentially competitive market. companies could. An expression, often found in literature, that describes a person/object Metaphor by “The mind is an ocean” Phép ẩn dụ. (n) referring to something that “The city is a jungle” is considered to have similar characteristics to that person/object. A situation in which Scarcity something is not easy to Sự khan hiếm,
There is a scarcity of skilled (n) find or get. khó tìm.
workers in the building sector. U Remuneration Payment for work or Tiền thù lao, tiền They demand adequate (n) services. trả công. remuneration for their work. N Pay A generic word to describe
It’s a nice job but the pay is (n) a worker’s earnings. Tiền lương. appalling. I A fixed amount of money T agreed every year as pay Tiền lương (Cố His salary is quite low Salary for an employee, usually định, trả theo compared to his abilities and (n) paid directly into their tháng) experience. bank account every month. lOMoAR cPSD| 59062190 3 Wage A particular amount of Thù lao được trả According to our agreements, (n) money that is paid, usually theo wages are paid on Friday. every week, to an tuần/giờ/ngày. employee, especially one who does work that needs physical skills or strength rather than a job needing a college education. Money that is earned from Income doing work or received Tourism is a major source of Thu nhập. (n) from investments. income for this area. Incentive Something that encourages Động cơ/Động Bonus payments provide an (n) a person to do something. lực. incentive to work harder. Động We need to incentivize our To incentivize To make someone want to viên/Khuyến sales managers to achieve (v) do something. khích. these targets. The money that an executive of Lương điều Executive pay The factors determining the an hành/Lương của (collocation) level of executive pay. organization gets as wages ban lãnh đạo. or salary Nhà máy (Chỉ chế Developers A factory where a Mill biến một nguyên are converting empty mills particular substance is pr (n)
liệu đặc biệt nào and warehouses into expensiv e oduced. đó) apartments. Compensation Hệ thống trả Different businesses have A system of payment and program lương/thưởng cho different compensation reward for employees. (n) nhân viên. programs. A high Mục tiêu kéo and difficult level of succe dài/Mục tiêu mở Stretch ss that an employee must rộng.
Stretch targets should provide goal/Stretch achieve if they are to the benchmark under which a target. be considered to person's performance is (n) be doing their job deemed to be "poor". in a satisfactory way lOMoAR cPSD| 59062190 A company’s profit from its normal business activities, not including Lợi nhuận của Last year, they made an Operating profit any earned from hoạt động kinh operating profit of $17m on (n) investments or sales of doanh. revenues of $1.54 billion. assets, calculated by taking operating expenses away from gross income. Operating cash The amount of cash Dòng tiền thuần Effective management of flow generated by the regular được lưu chuyển operating cash flow is (n) operating activities of a từ hoạt động kinh essential for ensuring that a business within a specific doanh company has enough cash to time period. cover its day-to-day expenses and invest in growth opportunities. The company granted an Equity-based Stock given to employees Thưởng bằng cổ equity-based award to align award as a reward. phiếu. executive incentives with (n) shareholder value Good service can help the Customer- The percentage of Tỷ lệ giữ chân company enhance retention rate customers that stay loyal khách hàng. customerretention rates. (n) for the long term. U An arrangement in which Expense your employer pays for N the things you need to buy Bản tính công vụ I can put this lunch on my account phí. expense account. (n) while doing your job I T Redesigning work processes w Organizational The way in which a large
Cấu trúc tổ chức ill help you define how your structure company or organi zation doanh nghiệp.
organizational structure shoul (n) is organized. 5 d be changed. A set of actions that is the The company has new Procedure official or accepted wa y Thủ tục, quy procedures for dealing with c (n) of doing something trình. omplaints. A culture where there is a Task culture is characterized Task culture Văn hóa chú focus on specific tasks and by high levels of cooperation (n) trọng nhiệm vụ. projects and fast-decision making. lOMoAR cPSD| 59062190 A culture where every In a role culture, each employee is delegated
employee has a clearly defined Role culture roles and responsibilities Văn hóa chú
position and responsibilities, (n) according to their ability to trọng vai trò. promoting efficiency and extract the best out of stability within the them. organization. A power culture is often A centralized culture that centralized, where decisions Power culture Văn hóa chú focuses on key are made by a few individuals (n) trọng quyền lực. decisionmakers.
at the top, creating a strong,
authoritative leadership style. Person culture Culture that focuses for Văn hóa chú In a person culture, the (n) each member on the trọng con người.
organization exists to support individual (themselves)
the individuals within it, often and where there is no valuing personal development collective identity or goal. over rigid structures. Bearing
in mind the cyclical aspects of Macro The social, political, economic, etc. Conditions Môi trường vĩ the macro environment, it is environment that affect a particular mô.
critical to take a longterm view (n) industry or business. of economic forces. The company's profits have To shrink To become smaller, or to Co lại, lùi lại. shrunk from $5.5 million (v) make something smaller to $1.25 million. lOMoAR cPSD| 59062190