# Business Management Intermediate

https://hienglishquiz.com/vocabulary/professional-specialized-b1-business-and-management-vocab

- CEFR: B1 (Intermediate)
- Theme: Professional & Specialized
- Words: 14
- Premium: no
- Locked: no

Business vocabulary for everyday office life, including stakeholders, procurement, the weekly agenda and meeting minutes that keep a team on target.

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## Word list

* **stakeholder** /ˈsteɪkˌhoʊldər/: Anyone with an interest in how a business or project turns out, such as staff, customers or investors. — “The board consulted every **stakeholder** before changing the policy.”
* **deliverable** /dɪˈlɪvərəbəl/: A specific result or item that someone has promised to produce and hand over by an agreed date. — “The first **deliverable** is due at the end of the month.”
* **shareholder** /ˈʃɛrˌhoʊldər/: A person or organisation that owns part of a company by holding its shares. — “Every **shareholder** received a copy of the annual report.”
* **procurement** /proʊˈkjʊrmənt/: The process of finding and buying the goods or services a business needs. — “The **procurement** team negotiated a better price with suppliers.”
* **compliance** /kəmˈplaɪəns/: The act of following laws, rules or standards that apply to a business. — “The firm hired a specialist to check **compliance** with new regulations.”
* **governance** /ˈɡʌvərnəns/: The system of rules and processes by which a company is directed and controlled. — “Poor **governance** allowed the scandal to go unnoticed for years.”
* **benchmark** /ˈbɛntʃˌmɑrk/: A standard used to judge or compare the quality of something. — “Sales this quarter fell below the industry **benchmark**.”
* **workflow** /ˈwɜrkˌfloʊ/: The series of steps a task or piece of work passes through from start to finish. — “The new software simplified the team's daily **workflow**.”
* **turnover** /ˈtɜrˌnoʊvər/: The total amount of money a business earns from sales in a period. — “The company's annual **turnover** grew by ten percent last year.”
* **merger** /ˈmɜrdʒər/: When two companies join together to form one company. — “The two airlines announced a **merger** worth billions of dollars.”
* **agenda** /əˈdʒɛndə/: The list of subjects to be discussed at a meeting. — “The **agenda** ran to nine items and they reached three.”
* **minutes** /ˈmɪnəts/: The written record of what was said at a meeting. — “Nobody had written the **minutes** for four months.”
* **supplier** /səˈplaɪər/: A company that provides goods or services to another. — “They changed **supplier** twice in one year.”
* **target** /ˈtɑrɡət/: A result that a person or team is expected to achieve. — “The quarterly **target** was raised without anyone being told.”

## Related

- Vocabulary library: https://hienglishquiz.com/vocabulary
- Section guide: https://hienglishquiz.com/vocabulary/llms.txt