01 | Business

Today you will learn 5 new English words related to "Business"

Business

“Business” English is a valuable asset for you as an ESL learner because it equips you with the vocabulary and communication skills needed to thrive in a professional setting. This can open doors to better job opportunities, smoother collaboration with colleagues, and a stronger grasp of how the global business world operates. Sound interesting? Today’s vocabulary is sure to help. Let’s jump right in!

In today’s lesson, you’re going to have:

  • 5 advanced English vocabulary words about Business.

  • 15 examples of phrases that you can use on a daily basis.

  • Eye-catching images will help you learn and retain the vocabulary.

5 VOCABULARY WORDS

1. Negotiate

Verb

📚 DEFINITION

To discuss terms in order to reach an agreement.

📄 Example Sentences:
  1. The sales team is currently negotiating a new contract with the client.

  2. We were able to negotiate a lower price for the raw materials.

  3. It's important to be able to negotiate effectively in business deals.

2. Logistics

Noun

📚 DEFINITION

The details of planning and implementing a complex operation.

📄 Example Sentences:
  1. Ensuring smooth logistics is crucial for a successful event.

  2. The company is working on improving its logistics network for faster deliveries.

  3. Managing the logistics of a large international conference requires careful planning.

3. Clientele

Noun

📚 DEFINITION

The customers of a particular business.

📄 Example Sentences:
  1. The restaurant caters to a loyal clientele who appreciate its fine dining experience.

  2. The company is looking to expand its clientele by entering new markets.

  3. Understanding your clientele is key to providing excellent customer service.

4. Venture

Noun

📚 DEFINITION

A risky or daring business project.

📄 Example Sentences:
  1. Investing in a new startup is a venture with high potential rewards but also significant risks.

  2. The company decided to venture into a new market segment.

  3. A successful business venture requires careful planning and execution.

5. Delegate

Verb

📚 DEFINITION

To assign a task or responsibility to someone else.

📄 Example Sentences:
  1. The manager delegated the project tasks to different team members based on their strengths.

  2. It's important to be able to delegate effectively to manage your workload efficiently.

  3. She delegated the responsibility of creating the presentation to the intern.

A PARAGRAPH USING THE 5 VOCABULARY WORDS

Running a successful business involves a delicate balance between strategic ventures and smooth daily operations. To launch a new product line, a company might embark on a risky but potentially rewarding venture. This requires careful planning and negotiation with suppliers to secure materials at a competitive price. Once a plan is in place, effective delegation is key. The manager might delegate market research to a team to assess the new product's viability among the target clientele. Finally, logistics come into play to ensure the product reaches store shelves on time and within budget.

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