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    Business Terminology For Beginners 3.0 PDF

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    The document provides definitions for common business terminology that beginners may find helpful. It defines key terms like debtor, creditor, cash flow forecast, SEO, assets, and revenue. It also includes exercises matching terms to their meanings and filling in blanks with the terms to illustrate understanding. Understanding basic business terminology can help those new to the field feel less overwhelmed.

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    Business Terminology For Beginners 3.0 PDF

    Uploaded by

    macskafogo
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    The document provides definitions for common business terminology that beginners may find helpful. It defines key terms like debtor, creditor, cash flow forecast, SEO, assets, and revenue. It also includes exercises matching terms to their meanings and filling in blanks with the terms to illustrate understanding. Understanding basic business terminology can help those new to the field feel less overwhelmed.

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    The document provides definitions for common business terminology that beginners may find helpful. It defines key terms like debtor, creditor, cash flow forecast, SEO, assets, and revenue. It also includes exercises matching terms to their meanings and filling in blanks with the terms to illustrate understanding. Understanding basic business terminology can help those new to the field feel less overwhelmed.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    36 views3 pages

    Business Terminology For Beginners 3.0 PDF

    Uploaded by

    macskafogo
    The document provides definitions for common business terminology that beginners may find helpful. It defines key terms like debtor, creditor, cash flow forecast, SEO, assets, and revenue. It also includes exercises matching terms to their meanings and filling in blanks with the terms to illustrate understanding. Understanding basic business terminology can help those new to the field feel less overwhelmed.

    Copyright:

    © All Rights Reserved
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    of 3

    Business Terminology for Beginners

    (Adapted from Businessblogshub by Dominic Butler)

    The world of business can be a complicated and stressful place at the best of times. Throw some
    business jargon into the mix and it’s easy to feel overwhelmed. Whether you’re dipping your toes
    into business for the first time, running a small company, or you just want to be more clued-up, it’s
    important to know your cash flow forecast from your SEO…

    Debtor and Creditor

    No matter what business you go into you’re likely to hear these terms. A debtor, as the term
    suggests, is someone who is in debt to you. It could be a person, like a customer, or a business, like a
    client. When someone procures your products or services they usually have to pay instantly or
    within 30 days. If they exceed this timeframe, that means they owe you money and are in debt to
    you. A creditor is someone that you owe money to. This could be a business or a person, and you
    haven’t paid them for products or services they gave you.

    Cash Flow Forecast

    The cash flow forecast is an estimate of the amount of cash that is coming into and out of your
    business. As the name suggests, a forecast allows you to predict what your monthly and annual
    profits will be. They can also throw up warning signs about how much money you are spending.

    SEO

    SEO stands for search engine optimization. You are likely to hear this term in relation to your
    website or blog. SEO rich content is content that will appear higher up on search engines. Creating
    content is about driving traffic to your website. Content which is highly searchable is best. An SEO
    company can help a business to increase their standing in search results and encourage more visitors
    to a website. Keywords are likely to be identified. These are words that your target consumer is
    likely to search for.

    Assets

    This is a term you’re most likely to hear in the financial sector. Assets refer to anything which is
    owned by the company that has some kind of monetary value. You may have also heard the term
    fixed assets. This refers to things like buildings and vehicles.

    Revenue

    This is another term which spans every business. Revenue is the total amount of money that your
    business has made from the sale of your products or your services. Making a profit or a loss all
    comes down to revenue. If your expenses exceed your revenue, then you are operating at a loss. If
    your expenses are lower than your revenue, then you are making a profit. The margin between the
    two is the amount of profit you have made.
    Exercise 1

    Match the words in bold from the exercise with their synonymous meanings.

    1) Jargon A) Financial
    2) Overwhelmed B) Attracting business
    3) Clued-up C) Specialist vocabulary
    4) In relation to D) Difference
    5) Driving traffic E) About
    6) Monetary F) Knowledgeable
    7) Spans G) involves/includes
    8) Margin H) overpowered emotionally

    Exercise 2

    Fill the gaps with the words in bold from the exercise.

    1) I had so many tasks to do that I felt _____________.


    2) Not everybody understands the _________ used for describing software development.
    3) His reasons for leaving the job were mostly __________.
    4) My field of expertise _________ chemistry, biology and physics.
    5) The online articles were great for ___________ to the website.
    6) I would like to speak to you ___________ your recent work.
    7) John is very __________ about the history of Hungary.
    8) There was too big a________ between my outgoings and incomings.

    Exercise 3

    A) Can you explain the problem… 1. by the tragic news.


    B) I had to find a second job… 2. in relation to your recent advertisement.
    C) The margin between success and failure… 3. without using any jargon, please?
    D) The entire class was overwhelmed… 4. than just the financial issues
    E) I would like to be more clued-up… 5. due to my monetary concerns
    F) I am writing to you… 6. is very small indeed
    G) The problem spans more… 7. about foreign affairs and current events
    H) Our main priority… 8. is driving traffic to our online shop
    Answers
    Exercise 1

    1.C 2.H 3.F 4.E 5.B 6.A 7.G 8.D

    Exercise 2

    1. Overwhelmed
    2. Jargon
    3. Monetary
    4. Spans
    5. Driving Traffic
    6. In relation to
    7. Clued-up
    8. Margin

    Exercise 3

    A. 3
    B. 5
    C. 6
    D. 1
    E. 7
    F. 2
    G. 4
    H. 8

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