meaning of business vocabulary book prepared by men tum, english teacher of imd and ume

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MEANING OF BUSINESS VOCABULA RY BOOK PREPARED BY MEN TUM, ENGLISH TEACHER OF IMD AND UME

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MEANING O

F

BUSINES

S

VOCABULARY

BOOK

P R E PA R E D BY M E N T U M , E N G L I S H T E A C H E R O F I M D A N D U M E

UNIT I WORLD OF WORKRewarding (N): giving a reward, especially by making you

feel satisfied that you have done sth important or useful.

Stimulating (adj): It encourages new ideas, e.g. A stimulating discussion. University has been asked to make their courses more attractive and stimulating.

Originality (N): Mainly Approving

Creativity (U): Creativity, ingenuity, and flair are the songwriter’s talents.

No two days are the same (ph): the work is new every day.

Campaign (N ): a planned group of especially political, business or military activities which are intended to achieve a particular aim.

Client Contact (CN): the work concern to customers like: Advice to customers, call to clients to make appointment.

Hands-on /ˈhæn d  .zɒn/ /-zɑːn/ adj INVOLVED: Someone with a hands-on way of doing things becomes closely involved in managing and organizing things and in making decisions . She's very much a hands-on manager.

P R E PA R E D BY M E N T U M , E N G L I S H T E A C H E R O F I M D A N D U M E

hit it off (with someone) Fig. to quickly become good friends with someone. Look how John hit it off with Mary. Yes, they really hit it off.

Get on well: continuing, they still have continued to contact each other very good.

Rapport: (S &U) { Harmony Agreement} We'd worked together for years and developed a close/good rapport. She has an excellent rapport with her staff.

Aircraft (N): 1) any vehicle, with or without an engine, which can fly, such as a plane or helicopter e.g. military aircraft

2) any machine designed for traveling, through air, whether

heavier or lighter than air)

Working on my own = working independence

Sense of achievement = accomplishment

Chained to a desk = working full day on the deskP R E PA R E D BY M E N T U M , E N G L I S H T E A C H E R O F I M D A N D U M E

Administration: [ U ] ( INFORMAL admin ) the arrangements and tasks needed to control the operation of a plan or organization. Teachers complain that more of their time is taken up with administration than with teaching. She has little experience in administration (= in organizing a business, etc.) .

paperwork /ˈpeɪ.pə.wɜːk/ /-pɚ.wɝːk/ noun [ U ] the part of a job which involves writing letters and reports and keeping records

Snowed under (with): (phv) too many worked with… e.g. I have too many works with doing hardly full day.

redˈtape noun [ U ] DISAPPROVING: official rules and processes that seem unnecessary and delay results. We must cut through the red tape.

Bureaucracy-rigid-procedure /bjʊəˈrɒk.rə.si/ /bjʊˈrɑː.krə-/ noun [ C or U ] MAINLY DISAPPROVING, A legal of system for controlling or managing a country, company or organization that is operated by a large number of officials who are employed to follow rules carefully. I had to deal with the university's bureaucracy before I could change from one course to another.

P R E PA R E D BY M E N T U M , E N G L I S H T E A C H E R O F I M D A N D U M E

Contribution to society: to concede /share knowledge or properties to someone under level in the society.

Motivation: (N) Encouraging to be upgrade or to have increased productivities

Stretching/stretʃ/ verb TO REACH [ T usually + adverb or preposition ] to cause something to reach, often as far as possible, in a particular direction

I tripped on a piece of wire that someone had stretched across the path. She stretched out her hand and helped him from his chair.

Recognition /ˌrek.əgˈnɪʃ. ə n/ noun ACCEPTING

[ S or U ] agreement that something is true or legal

It's a new country, hoping for diplomatic recognition from the international community.

[ + that ] There's a growing recognition that this country can no longer afford to be a nuclear power.

Breathing down my neck = Interfere someone to be unhappy

P R E PA R E D BY M E N T U M , E N G L I S H T E A C H E R O F I M D A N D U M E

UNIT II MANAGEMENT STYLES 1Satisfaction: [ C or U ] a pleasant feeling which you get when you

receive something you wanted, or when you have done something you wanted to do

For me, job satisfaction is more important than the money.

sponsibility /rɪˌspɒn t  .sɪˈbɪl.ɪ.ti/ /-ˌspɑːn t  .səˈbɪl.ə.t Ri/ noun DUTY [ C or U ] something that it is your job or duty to deal with to infinitive ] It's her responsibility to ensure the project finishes on time. She takes her responsibilities as a nurse very seriously.

Use their initiative /ɪˈnɪʃ.ə.tɪv/ /-t Rɪv/ noun JUDGMENT [ U ] the ability to use your judgment to make decisions and do things without needing to be told what to do. Although she was quite young, she showed a lot of initiative and was promoted to manager after a year. I shouldn't always have to tell you what to do, use your initiative (= use your own judgment to decide what to do) !

value /ˈvæl.juː/ verb [ T ] IMPORTANCE to consider something important

I've always valued her advice. P R E PA R E D BY M E N T U M , E N G L I S H T E A C H E R O F I M D A N D

U M E

morale /məˈrɑːl/ noun [ U ] the amount of confidence felt by a person or group of people, especially when in a dangerous or difficult situation. A couple of victories would improve the team's morale enormously. There have been a lot of recent redundancies so morale is fairly low.

well-being /ˌwelˈbiː.ɪŋ/ noun [ U ] ( ALSO wellbeing ) the state of feeling healthy and happy. People doing yoga benefit from an increased feeling of well-being.

subordinate /səˈbɔː.dɪ.nət/ /-ˈbɔːr-/ noun [ C ] a person who has a less important position than you in an organization. He left the routine checks to one of his subordinates.

Working under me: (Ph) Staff who working lower structure than me

supervision /ˌsuː.pəˈvɪʒ. ə n/ /-pɚ-/ noun [ U ] when someone watches a person or activity and makes certain that everything is done correctly, safely, etc. Students are not allowed to handle these chemicals unless they are under the supervision of a teacher.

authoritarian noun [ C ] an authoritarian person. My father was a real authoritarian, so we were brought up very strictly.

P R E PA R E D BY M E N T U M , E N G L I S H T E A C H E R O F I M D A N D U M E

impose /ɪmˈpəʊz/ /-ˈpoʊz/ verb FORCE [ T ] to officially force a rule, tax, punishment, etc. to be obeyed or received. Very high taxes have recently been imposed on cigarettes.The council has imposed a ban on alcohol in the city parks

conservative /kənˈsɜː.və.tɪv/ /-ˈsɝː.və.t Rɪv/ adjective AGAINST CHANGE, If you are conservative in your appearance, you usually do not like fashionable or modern clothes or hairstyles. He's a very conservative dresser - he always looks like he's wearing his father's clothes!

humanitarian /hjuːˌmæn.ɪˈteə.ri.ən/adjective , noun [ C ] (a person who is) involved in or connected with improving people's lives and reducing suffering. The United Nations is sending humanitarian aid (= food and supplies to help people) to the areas worst affected by the conflict.

whiplash /ˈwɪp.læʃ/ noun [ C or U ] a neck injury caused by a sudden forward movement of the upper body, a whiplash injury = right has been someone discharged

P R E PA R E D BY M E N T U M , E N G L I S H T E A C H E R O F I M D A N D U M E

hygiene factor is a term widely used in the field of business management. It is related to the study of motivation and job satisfaction in the workplace.

The elements are: Supervision, working conditions, peer relationships, security.

Motivator Factor: Responsibility, growth and advancement,

They are: Achievement, Recognition, Positive Feedback, Work itself, Responsibility, Advancement, Personal Growth.

empowerment /ɪmˈpaʊə.mənt/ noun [ U ] Something that is the empowerment makes you more confident and makes you feel that you are in control of your life. For me, learning to drive was an empowering experience.

hierarchy /ˈhaɪə.rɑː.ki/ /ˈhaɪr.ɑːr-/ noun [ C ] a system in which people or things are arranged according to their importance

Some monkeys have a very complex social hierarchy. He rose quickly through the political hierarchy to become party leader.

UNIT III MANAGEMENT STYLES 2

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P R E PA R E D BY M E N T U M , E N G L I S H T E A C H E R O F I M D AN D U M E

IDIOMATIC MEANING OF HYGIENE FACTOR

HYGIENE FACTOR: In the concept developed by Frederick Herzberg, factors that do not motivate employees, but are essential to maintain satisfaction. These include a satisfactory salary and related employee benefits, considerate human relations skills , and satisfactory working conditions. The absence of any of these hygiene factors will cause employee dissatisfaction. Also called maintenance factors.

PREPARE THE PRESENTATION 5 TO 8 SLIDES ABOUT CYCLE

OF MANAGEMENT STYLE 2. SHOW THE

PURPOSE OF CASE STUDY, PROCESS FROM

HYGIENE FACTOR TO EMPOWERMENT, HOW

THEY LINK TO EACH OTHER?

YOU CAN WRITE BY HAND OR COMPUTER.

P R E PA R E D BY M E N T U M , E N G L I S H T E A C H E R O F I M D A N D U M E

Hygiene Factor

Motivator Factor

Empowerment

CYCLE OF MANAGEMENT STYLE 2

P R E PA R E D BY M E N T U M , E N G L I S H T E A C H E R O F I M D AN D U M E

COMPARE THE HYGIENE AND MOTIVATOR

Factors for Satisfaction

Factors for Dissatisfaction

Achievement Company PoliciesRecognition SupervisionThe work itself Relationship with Supervisor and

PeersResponsibility Work conditionsAdvancement SalaryGrowth Status

Security

UNIT IV EMPLOYMENT & EMPLOYABILITYoutsourcing /ˈaʊtˌsɔː.sɪŋ/ /-ˌsɑː-/ noun [ U ] The management

guaranteed that outsourcing wouldn't mean job losses.

Outsourcing is the contracting out of an internal business process to a third party organization.

in-house /ˌɪnˈhaʊs/ adjective, adverb, Something that is done in-house is done within an organization or business by its employees rather than by other people. All our advertising material is designed in-house.

job for life noun [C] (plural jobs for life) › a job that you can stay in all your working life: No one expects a job for life anymore.

redundant /rɪˈdʌn.d ə nt/ adjective NOT EMPLOYED, New technology often makes old skills and even whole communities redundant.

P R E PA R E D BY M E N T U M , E N G L I S H T E A C H E R O F I M D A N D U M E

Employability: refers to a person's capability for gaining and maintaining employment.

Professional development refers to skills and knowledge attained for both personal development and career advancement.

Keep up: phrasal verb. to be able to understand or deal with something that is happening or changing very fast

Current trend: is changing at the time. Latest trend or current trend, Business trend, economic trend, trend of thought,

Employable: Can be found the work to do, Market job space.

Lifelong learning: Continue developing your knowledge in long way.

Freelancer: Person who work as writer, artist and sells his service to his individual customers.

portfolio /ˌpɔːtˈfəʊ.li.əʊ/noun [ C ] plural portfolios JOB

UK SPECIALIZED a particular job or area of responsibility of a member of a government. The Prime Minister offered her the foreign affairs portfolio.

Core Function: the senior position, High salary staff, the person who excellent worked experiences.

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P R E PA R E D BY M E N T U M , E N G L I S H T E A C H E R O F I M D AN D U M E

flexibility /ˌflek.sɪˈbɪl.ɪ.ti/ noun [ U ] The advantage of this system is its flexibility. You can improve your flexibility by exercising.

Temporary Worker : The worker who work short time in the event.

Job flexibility: the work which is easily to move or change

Hire and fire : working without contract, easy to select and resign.

Letting people go: Allow staff to resign out if they want to find the new job.

Redundancy/rɪˈdʌn.d ə n t  .si/ noun NOT EMPLOYED [ C or U ] UK(AUSTRALIAN ALSO retrenchment ) the situation when someone loses their job because their employer does not need them

norm /nɔːm/ /nɔːrm/ noun [ C usually plural ] an accepted standard or a way of behaving or doing things that most people agree with.

Unemployment Benefit: advantages that received from staff downsizing.

UNIT V: EMPLOYMENT & EMPLOYABILITY

P R E PA R E D BY M E N T U M , E N G L I S H T E A C H E R O F I M D AN D U M E

job insecurity noun [ U ] If you have job insecurity, mean that your job is likely to be impermanent.

Job Protection: Making a staple work

Trade union, labor union: legal group of people for following the both sides employee & employer

Sick Pay: if you sick and don’t go to work, but company is still paid for you.

parental ˈ leave noun [ U ] time that a parent is allowed to spend away from work to look after their baby

maternity ˌ leave noun [ U ]a period in which a woman is legally allowed to be absent from work in the weeks before and after she gives birth.

paternity ˌ leave noun [ U ] a period of time that a father is legally allowed to be away from his job so that he can spend time with his new baby

Social Charge: you pay for the civil/government in high price for you retirement.

Rigid Labor market: businesses that need to dismiss workers must make large payments, give long notice periods or even seek government authorization before making layoffs = stop from work.

P R E PA R E D BY M E N T U M , E N G L I S H T E A C H E R O F I M D AN D U M E

UNIT VI: WORK-LIFE BALANCEwork-life ˈ balance noun [ S or U ] the amount of time you spend doing your job

compared with the amount of time you spend with your family and doing things you enjoy. It can be difficult to get the right work-life balance.

Stress # De-stress.

Stress-related illness: the illness caused by stress.

burn-out /ˈbɜːn.aʊt/noun [ U ]extreme tiredness usually caused by working too much. employees complaining of/suffering burn-out.

breakdown /ˈbreɪk.daʊn/ noun FAILURE

FACTOR: CAUSED BY OTHER THINGS/PERSON

symptom /ˈsɪm ptəm/noun[C]any feeling of illness or physical or mental change which is caused by a particular disease. He's complaining of all the usual flu symptoms - a high temperature, headache and so on. He's been HIV-positive for six years, but just recently he's started to develop the symptoms of AIDS.

P R E PA R E D BY M E N T U M , E N G L I S H T E A C H E R O F I M D AN D U M E

toll /təʊl/noun CHARGE[ C ] a small amount of money that you have to pay to use a road, cross a bridge, etc… He's just got a job collecting tolls at the start of the motorway.

stress ˌ management noun[U] when you limit stress and its effects by learning special types of behavior and ways of thinking which reduce it. The treatment for people addicted to tranquillizers includes training in stress management and relaxation techniques.

Heavy workload: overload

Office politic: the game of the office, This person likes playing politics.

Role ambiguity /ˌæm.bɪˈgjuː.ɪ.ti/ /-ə.t Ri/ noun [ C U] unclear with the responding.

Quality of life: Less commuting, more time with families.

workaholic /ˌwɜː.kəˈhɒl.ɪk/noun [ C ]a person who works a lot of the time and finds it difficult not to work. self-confessed workaholic, Tony Richardson can't remember when he last had a holiday.

P R E PA R E D BY M E N T U M , E N G L I S H T E A C H E R O F I M D AN D U M E

Downshifting = re-balancing

work-life ˈ balance noun[S U]the amount of time you spend doing your job compared with the amount of time you spend with your family and doing things you enjoy. It can be difficult to get the right work-life balance.

autonomy /ɔːˈtɒn.ə.mi/noun[U]the right of a group of people to govern itself, or to organize its own activities. Demonstrators demanded immediate autonomy for their region.

boundary /ˈbaʊn.dər.i/noun[C] within or between a real or imagined line that marks the edge or limit of something. The Ural mountains mark the boundary between Europe and Asia.

overlap /əʊ.vəˈlæp/verb-pp-[ I or T ] to cover something partly by going over its edge; to cover part of the same space. The fence is made of panels which overlap (each other)

isolated /ˈaɪ.sə.leɪ.tɪd/adjective: not near to other places an isolated farm/village

happening or existing only once, separate. There were only a few isolated cases of violent behavior.

P R E PA R E D BY M E N T U M , E N G L I S H T E A C H E R O F I M D AN D U M E

UNIT VII: MANAGING TALENT!Core competent: person who has a best decision making (give

value to humanity)

Flight of talent: show aspects of thought in a leadership

Critical /ˈkrɪt.ɪ.k ə l/adjective NOT PLEASED saying that someone or something is bad or wrong. The report is highly critical of safety standards at the factory.

Intel ˌ lectual ˈ property noun [ U ] LEGAL, someone's idea, invention , creation , etc., which can be protected by law from being copied by someone else.

Expertise /ˌek.spɜːˈtiːz/noun [ U ] a high level of knowledge or skill. We admired the expertise with which he prepared the meal. I have no expertise in sewing/sewing expertise. She has considerable expertise in French history.

Human Performance: making employees hang in a high qualities and productivities

attract /əˈtrækt/ verb [ T ] (of people, things, places, etc.) to pull or draw someone or something towards them, by the qualities they have, especially good ones

These flowers are brightly colored in order to attract butterflies.

P R E PA R E D BY M E N T U M , E N G L I S H T E A C H E R O F I M D AN D U M E

Retain /rɪˈteɪn/ verb [ T ] SLIGHTLY FORMAL to keep or continue to have something

She has lost her battle to retain control of the company. He managed to retain his dignity throughout the performance.

Creative /kriˈeɪ.tɪv/ /-t Rɪv/ adjective, producing or using original and unusual ideas. A creative person/artist/designer/programmer creative talents/powers /abilities e.g: creative thinking

suit /sjuːt/noun PERSON [ C often plural ] INFORMAL MAINLY DISAPPROVING a man who works in an office and wears a suit, especially a man with a high position in a company who is considered not to have human feelings and good ideas

disband /dɪsˈbænd/verb(I)to stop being a group. She formed a political group which disbanded a year later.

ˌ virtual ˈ Organization noun[U] space that can be used in the organization

colloquial /kəˈləʊ.kwi. ə l/adjective SPECIALIZED (of words and expressions) informal and more suitable for use in speech than in writing colloquial speech

UNIT VIII TEAM BUILDINGTEAMS : join the ideas together for any goal achievement

Team Players: the identification of these types. Implementer, Coordinator, Shaper, Plant, resource investigator, monitor evaluator, team-worker and completer.

Stages of team life: the long life of team creation

Forming: a person who is delirious to do thing dependent (without independent) on a leader.

Storming: a person who conflict with the working condition and always push the work by his thought.

Norming: A person who is always forgot the past and instruct members to restart work together and closer than.

Performing: A person who is always making group feeling safe and express different ideas into relation others.

Mourning: A person who making pleasant memories to group for all activities and achievement

P R E PA R E D BY M E N T U M , E N G L I S H T E A C H E R O F I M D AN D U M E

TEAM PLAYER:

Implementer: a person who works by being moved by hand or by being pulled across a surface.

Coordinator: someone whose job is to make different groups work together in an organized way to achieve something

Shaper: a person who is a particular physical former or appearance of something.

Plant: a person who compare to a tree or a living thing which grows in earth, in water or on other plants, and usually has a stem, leaves, roots, flowers and produces seeds.

Investigator: a person whose job is to examine a crime, problem, statement, etc. in order to discover the truth.

Monitor: a person who has the job of watching or noticing particular things

Completer: a person who make whole of things. To make whole or perfect.

P R E PA R E D BY M E N T U M , E N G L I S H T E A C H E R O F I M D AN D U M E

UNIT IX THE RIGHT SKILLHard skills: very important skill for business

Soft skills: the work that you have contacted to customers.

Tactful /ˈtækt.fəl/ adjective, careful not to say or do anything that could upset someone. Mentioning his baldness wasn't very tactful.

Non-authoritarian = Non- dictatorial # dictatorial

Emotional intelligence: ability to understand, control own emotion, recognition, and responsibility.

*** Thousand of hearings are not better than once seeing, thousand of seeing are not better than once touch !!!

Benchmark: a level of quality which can be used as a standard when comparing other things

Emerge: APPEAR to appear by coming out of something or out from behind something

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