- 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.
- Differentiate (v.) - recognize what makes something different - differentiation (n.)
eg. The Ferrari is a luxury sports car that differentiate from the Fiat.
- Substitute (v.) - to use in place of something - substitute (n.)
eg. Apple is a substitute fruit to the orange.
- Obsolete (adj.) - no longer produced or used; out of date - obsolete (v.)
eg. When the iPhone entered the market, the Blackberry was obsolete.
- 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.
- 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.
- Share (n.) - one of the equal parts into which a company's actual worth is divided
eg. He owns 35% share of the company.
- Equity (n.) - the value of shares issued by the company
eg. The 35% equity of the company is $400,000.
Wednesday, July 26, 2017
Business vocabulary
Here is a list of business vocabulary that you need to use in your presentation:
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