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BEC Vantage Vocabualry ListTranslation:
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absenteeismnemployees not being at work when they should be
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account forvform the total of something
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acquisitionnbuying new companies
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across the boardadvhappening or having an effect on people at every level and in every area
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administervmanage or govern
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adversarialadjinvolving opposition or disagreement
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advertising campaign norganised programme of advertisements, usually concerning promoting a certain product or brand
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advocatenperson who supports an idea (or product)
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agenda n list of matters to be discussed at a meeting
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alignmentnagreement between people who want to work together because of shared interests or aims
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allocatevgive something to someone as their share of a total amount, for them to use in a particular way
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allotvgive (especially a share of something available) for a particular purpose
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angel nwealthy person who invests money in new business projects
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appraisevexamine someone or something in order to judge their qualities, success or needs
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approachnway of considering something
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assemblynprocess of putting together the parts of a machine or structure
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assembly linenline of machines and workers in a factory which a product moves along while it is being built or produced. Each machine or worker performs a particular job, which must be completed before the product moves to the next position in the line
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assessvjudge or decide the amount, value, quality or importance of something
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assetnsomething valuable belonging to a person or organisation which can be used for the payment of debts
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attendeensomeone who goes to a place, event, etc.
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autocraticadjdemanding absolute obedience from other people
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axenway to reduce the number of employees
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backernperson who gives financial support to something
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backup plannscheme ready to be used in place of or to help another
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balance sheetnstatement that shows the value of a company’s assets and its debts
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bang heads togethervwhen two or more people get together to work out complicated issues, usually involving some argument, before reaching a solution
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bank chargensum of money paid by a customer for a bank’s services
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bankableadjlikely to make money
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banner adnform of advertising on the World Wide Web which involves putting a wide and short, or tall and narrow advert on an interesting web page
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barcodensmall rectangular pattern of thick and thin black lines of magnetic ink printed on an item, or on its container, so that its details can be read by and recorded on a computer system
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bargaining pointnsomething which someone else wants that you are willing to lose in order to reach an agreement
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be in a position tovbe able to do something, usually because you have the necessary experience, authority or money
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benchmarkvmeasure the quality of something by comparing it with something else of an accepted standard
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benefitspl nthings such as medical insurance that employees receive in addition to money
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better off adjricher
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bidvcompete against other firms by offering to do a job or contract for a certain amount of money
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bid forvoffer to do some work for a particular price
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blue-collar workernworker who does unskilled work rather than office work
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boardngroup of people who are responsible for controlling and organising a company or organisation
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bonusnextra amount of money that is given to you as a present or reward in addition to the money you were expecting
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bookkeeping njob of keeping a record of the money that has been spent or received by a business
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bottom line n final line in the accounts of a company or organisation, which states the total profit or loss that has been made
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brand awareness nknowledge of a particular make of product
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brand builder ndeveloper of a product’s image
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brand identity nsee brand image
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brand imagenimpression of a product in the minds of potential customers
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brand management n how a company manages its brands and brand image
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breadwinner nmember of a family who earns the money that the family needs
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break evenvmake neither a loss nor a profit doing business
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briefing nmeeting where information and instructions are given
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brochurentype of small magazine that contains pictures and information on a product or a company
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budgetnplan to show how much money an organisation will earn and how much they will need or be able to spend
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buoyantadjhealthy and strong
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buzz sessionn activity where a group of people make lots of suggestions quickly
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by the book advformally, or according to the rules
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calibrendegree of quality or excellence of someone
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call-centre operativenperson who works in an office where large numbers of telephone calls, especially from customers, are handled for an organisation
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camaraderienfeeling of friendliness towards people with whom you work or share an experience
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capialise on v use to your advantage
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career breaknperiod in which a person decides to leave their job temporarily
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career continuity nability to continue your professional career
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cashnmoney which is immediately available
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cash cowvery profitable business or part of the business
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churn outvproduce large amounts of something quickly, usually of low quality
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cipherna person or group of people without power, but used by others for their own purposes, or someone who is not important
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classified ad/advertisementn small advertisement placed in a newspaper by a person wishing to buy or sell something, offer or get employment, etc.
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close downvif a business or organisation closes down, or someone closes it down, it stops operating
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clutch nhandful
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cold-callingnwhen a person in business telephones or visits a possible customer to try to sell them something without being asked by the customer to do so
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collatevbring together different pieces of written information
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come under scrutiny vsubject to careful and thorough examination
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competencynimportant skill that is needed to do a job
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competitiveadj competitive prices, services, etc. are as good as, or better than, other prices, services, etc.
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compliancenwhen people obey an order, rule or request
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compromisenagreement in an argument in which the people involved reduce their demands or change their opinion in order to agree
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concierge servicendoorkeeper or porter services
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consolidatevcombine several things, especially businesses, so that they become more effective
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constraintnsomething which controls what you do by keeping you within particular limits
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contingency plannprogramme of action designed for handling possible problems
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corporate catering servicen business of providing food service to businesses (usually at a remote site)
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corporate social responsibility (CSR)nproposal that organisations should be obliged to make decisions based not only on financial/economic factors but also on the social and environmental consequences of their activities
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count onvbe confident that you can depend on (something/someone)
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credit limitnmaximum amount of money a bank will allow you to borrow
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credit worthinessncalculation of someone’s ability to pay back money which they have borrowed creditor(p 67) someone to whom money is owed [divide the two entries]
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crisis managementnprocess of dealing with difficult situations
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critical pathnsequence of stages determining the minimum time needed for the execution of an entire project
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cropn(total amount gathered of) a plant such as a grain, fruit or vegetable grown in large amounts
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cross-sellingnsuggestion that customers buy additional or related accessories or products during or just after their primary purchase
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current assetsn plsomething owned by a business that it does not expect to keep for more than 12 months
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customer basenregular customers
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customer carenprotection and service provided to customers
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customer loyaltynwhen a customer favours a certain brand or company over others (the company sometimes offers financial or other rewards for this favouritism)
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customisevmake or change something according to the buyer’s or user’s needs
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cut back vuse in smaller amounts
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cut of the profits n share in the profits
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deadlinentime or day by which something must be done
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deadlock n situation in which agreement in an argument cannot be reached because neither side will change its demands or accept the demands of the other side
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dealingspl nactivities involving other people, especially in business
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debtor nsomeone who owes money