B2 – Upper Intermediate
Increasing your business vocabulary holds significant value in the professional world for several reasons:
- Clear Communications
- Professional Image
- Enhanced Collaboration
- Career Advancement
- Global Communication
- Negotiation Skills
- Adaptability
- Confidence in Communication
- Improved Writing Skills
- Networking Opportunities
In essence, expanding your business vocabulary is an investment in your professional development, offering tangible benefits in terms of effective communication, career advancement, and overall success in the business world.
Read the article below and be ready to answer the questions that follow.
https://www.indeed.com/career-advice/career-development/business-vocabulary
Vocabulary Questions:
- Explain the phrase “corporate jargon”. “Having an extensive business vocabulary can help you navigate the corporate jargons used in business environment.” Cite a similar expression or a similar word and use ‘corporate jargon’ in a sentence.
- Define “accrued expense”. “Liabilities include mortgages, outstanding loans and accrued expenses.” Use the phrase in your own sentence.
- What does “opportunity cost” mean? “If you can choose only one option, calculating the opportunity cost of each can help you determine the best course of action.”. Use the phrase in your own sentence.
Discussion Questions:
- Which of the listed business words do you find particularly crucial in discussions related to marketing, finance, production, and business management?
- Have you ever taken a business course, and if so, what benefits did you gain from it?
- In what way might an improved business vocabulary positively impact professional networking and career advancement?
- How can an individual leverage a strong business vocabulary when crafting a resume or participating in a job interview?
- In what ways do you continue to enhance your business vocabulary?