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