Upsell - To encourage a customer to purchase a more expensive item or upgrade a product or service., Strategic planning - The process of defining an organization's strategy and making decisions on allocating its resources to pursue this strategy., ROI (Return on Investment) - A measure of the profitability of an investment, calculated as the ratio of the net gain or loss to the initial capital cost., Matrix organization - An organizational structure where employees report to both a functional manager and a project manager., Leverage - To use something to its maximum advantage, often referring to resources, relationships, or technology., Key Performance Indicators (KPIs) - Quantifiable measures used to evaluate the success or performance of an organization or project, Net profit - The amount of money a company has left over after all its expenses and taxes have been deducted from its revenue., Outsource - To contract out certain business functions or tasks to external providers., Pivot - To shift or change direction, often used in the context of a business adapting its strategy, Quantitative analysis - Examination of data in numerical terms to understand patterns, trends, and relationships., Jargon - Specialized language or terminology used by people in a particular industry or profession., Incentivize - To provide motivation or incentives to encourage certain behavior or outcomes., Holistic approach - Considering a situation or problem as a whole, rather than looking at its individual parts., Globalization - The process of businesses and other organizations developing international influence or start operating on an international scale., Facilitate - To make a process or task easier or smoother., Engage (stakeholders) - To involve or interact with individuals or groups who have an interest or concern in the business., Diversification - Spreading investments or business activities across different sectors to reduce risk., Collaborate - To work together with others to achieve a common goal., Benchmark - A standard or point of reference used for comparison or measurement., Agile (methodology) - A project management approach that emphasizes flexibility and collaboration to adapt to changing circumstances.,
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Business English by Mirit
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