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Business and Employment: Business, List 3

Prepare for the IELTS exam with this list of words related to business.
20 words 401 learners

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Full list of words from this list:

  1. acquisition
    the act of contracting or assuming possession of something
    The company continued to grow, however, with a string of business acquisitions related to fuel and energy supply. The Washington Times
  2. advertisement
    a public promotion of some product or service
    I can't help but hear bits of an advertisement for a place that sells discount tires. Counting by 7s
  3. allocate
    distribute according to a plan or set apart for a purpose
    He began lobbying officials there to include the various second-line antibiotics on their list of “essential drugs”—a list that the ministries followed and allocated money for in their budgets. Mountains Beyond Mountains
  4. budget
    a sum of money allocated for a particular purpose
    Paul agreed to accept a ten-dollar annual budget and not to ask for more money. Votes for Women!
  5. campaign
    a series of actions tending toward a particular end
    Marketing, especially digital marketing, is always changing, and the most successful marketing campaigns are the ones ahead of the major trends. Forbes
  6. collaboration
    act of working jointly
    Nevertheless, there is much collaboration—a free flow of ideas, people, and information among companies. Guns, Germs, and Steel: The Fates of Human Societies
  7. competition
    business relation in which two parties vie to gain customers
    In China, a bigger car market than the United States or Europe, Tesla faces intense competition from local manufacturers that have newer model lineups, like BYD. New York Times
  8. endorsement
    a promotional statement for or recommendation of a product
    Guided by my parents and my new agent, Janey, I’d recently signed endorsement deals with several companies that sold products I loved and could relate to. Courage to Soar
  9. generate
    give or supply
    By the 1980s, he had developed a solid business that didn't generate a lot of extra money but afforded him a gratifying degree of independence. Just Mercy
  10. guarantee
    written assurance that a product or service will be provided
    Each item will arrive in a box with the original accessories and cables, as well as a one-year warranty and a 45-day money-back guarantee. The Verge
  11. incorporate
    form a business firm
    Experts say such businesses often can be started for as little as $5,000 to $10,000 to incorporate, create a website and brand identity, and to put other necessities in place, like bookkeeping software. New York Times
  12. invest
    lay out money or resources in an enterprise
    “Now then, as promised, we should discuss putting together a small group of backers to invest seed money in your show.” Shine!
  13. merge
    join or combine
    Last year, Vox Media merged with Group Nine, the publisher of lifestyle websites like PopSugar and Thrillist, to become one of the country’s largest digital media companies. New York Times
  14. persuade
    win approval or support for
    The information is geared to persuade people to buy the product. The New York Times
  15. pitch
    promotion by means of an argument and demonstration
    Just like in the old days, media executives will make their best pitch to persuade marketers to buy tens of billions of dollars of commercial time in the coming months. The New York Times
  16. profitable
    yielding material gain
    Even after falling so much, lithium prices remain so high that mining and processing the metal is an unusually profitable business. The New York Times
  17. promote
    make publicity for; try to sell
    She was using Facebook primarily to promote her home business, handcrafted scarves, sweaters, blankets made to order. Burning Blue
  18. revolutionary
    markedly new or introducing radical change
    But Apple fans, who crave the days when the company changed the world with revolutionary products, are eager to see more of those industry-disrupting ideas. The Washington Post
  19. trade
    the commercial exchange of goods and services
    From now onwards Animal Farm would engage in trade with the neighbouring farms: not, of course, for any commercial purpose, but simply in order to obtain certain materials which were urgently necessary. Animal Farm: A Fairy Story
  20. validate
    show or confirm the effectiveness or worthiness of something
    “Get sales. Do whatever it takes to collect revenue. This process will validate your invention and get you on the road to making it a successful product.” Time Magazine
Created on Thu Jul 27 14:13:49 EDT 2023 (updated Tue Sep 12 12:58:06 EDT 2023)

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