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Wednesday, July 26, 2017

Business vocabulary

Here is a list of business vocabulary that you need to use in your presentation:
  1. Competition (n.) - the person or people with whom one is competing; a commercial opposition - can also use competitor

    eg. Samsung is Apple's competition in the cell phone market.

  2. Differentiate (v.) - recognize what makes something different - differentiation (n.)

    eg. The Ferrari is a luxury sports car that differentiate from the Fiat.

  3. Substitute (v.) - to use in place of something - substitute (n.)

    eg. Apple is a substitute fruit to the orange.

  4. Obsolete (adj.) - no longer produced or used; out of date - obsolete (v.)

    eg. When the iPhone entered the market, the Blackberry was obsolete.

  5. Entrepreneur (n.) - a person who organizes and operates a new business and takes on financial risk of the business.

    eg. Steve Jobs was an entrepreneur in the Apple company.

  6. Valuation (n.) - an estimation of someone's worth, especially when performed by a professional appraiser

    eg. The valuation of this company was $1.5 million.

  7. Share (n.) - one of the equal parts into which a company's actual worth is divided

    eg. He owns 35% share of the company.

  8. Equity (n.) - the value of shares issued by the company

    eg. The 35% equity of the company is $400,000.

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