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Business ESL

Here's a list of 15 business-related words suitable for an A2/B1 level student, along with examples and practice sentences:

  1. Entrepreneur - a person who starts a business and takes on financial risks. Example: Brice dreams of becoming an entrepreneur and starting his own tech company one day.

  2. Profit - the financial gain made in a transaction or business venture. Practice sentence: The company aims to increase its profit margins by cutting unnecessary expenses.

  3. Investment - the action or process of investing money for future financial gain. Practice sentence: Brice decided to invest his savings in stocks and bonds to secure his financial future.

  4. Market - the area or arena in which commercial dealings are conducted. Practice sentence: The company is planning to expand its presence in the European market next year.

  5. Competition - the rivalry between companies striving for the same customers or markets. Practice sentence: In order to stay ahead of the competition, the company must constantly innovate and improve its products.

  6. Budget - an estimate of income and expenditure for a set period of time. Practice sentence: Brice needs to create a budget for his business to ensure that he can cover all expenses.

  7. Sales - the exchange of a product or service for money. Practice sentence: The sales team exceeded their targets for the quarter, thanks to their hard work and dedication.

  8. Marketing - the action or business of promoting and selling products or services. Practice sentence: Effective marketing strategies are essential for attracting new customers and retaining existing ones.

  9. Customer - a person or organization that buys goods or services from a business. Practice sentence: Providing excellent customer service is key to building long-term relationships with customers.

  10. Product - an article or substance that is manufactured or refined for sale. Practice sentence: The company is launching a new product line aimed at capturing a larger share of the market.

  11. Strategy - a plan of action designed to achieve a long-term or overall aim. Practice sentence: The company needs to develop a clear strategy for entering new markets and expanding its operations.

  12. Brand - a type of product manufactured by a particular company under a particular name. Practice sentence: Building a strong brand identity is crucial for standing out in a competitive market.

  13. Negotiation - discussion aimed at reaching an agreement. Practice sentence: Brice is skilled at negotiation and was able to secure a favorable deal with the supplier.

  14. Leadership - the action of leading a group of people or an organization. Practice sentence: Effective leadership is essential for motivating employees and achieving business objectives.

  15. Innovation - the introduction of new ideas, methods, or products. Practice sentence: The company prides itself on its culture of innovation, constantly seeking new ways to improve its offerings.



Homework Exercise: Business Vocabulary Development

Instructions:

  1. Review the list of 15 business-related words provided below.

  2. For each word, write a practice sentence using the word in context.

  3. Try to use each word in a sentence related to a business scenario or context.

  4. Spend approximately 20-30 minutes completing the exercise.

List of Words:

  1. Entrepreneur

  2. Profit

  3. Investment

  4. Market

  5. Competition

  6. Budget

  7. Sales

  8. Marketing

  9. Customer

  10. Product

  11. Strategy

  12. Brand

  13. Negotiation

  14. Leadership

  15. Innovation

Practice Sentences:

  1. Brice dreams of becoming an _______________ and starting his own tech company one day.

  2. The company aims to increase its _______________ margins by cutting unnecessary expenses.

  3. Brice decided to _______________ his savings in stocks and bonds to secure his financial future.

  4. The company is planning to expand its presence in the European _______________ next year.

  5. In order to stay ahead of the _______________, the company must constantly innovate and improve its products.

  6. Brice needs to create a _______________ for his business to ensure that he can cover all expenses.

  7. The _______________ team exceeded their targets for the quarter, thanks to their hard work and dedication.

  8. Effective _______________ strategies are essential for attracting new customers and retaining existing ones.

  9. Providing excellent _______________ service is key to building long-term relationships with customers.

  10. The company is launching a new _______________ line aimed at capturing a larger share of the market.

  11. The company needs to develop a clear _______________ for entering new markets and expanding its operations.

  12. Building a strong _______________ identity is crucial for standing out in a competitive market.

  13. Brice is skilled at _______________ and was able to secure a favorable deal with the supplier.

  14. Effective _______________ is essential for motivating employees and achieving business objectives.

  15. The company prides itself on its culture of _______________, constantly seeking new ways to improve its offerings.



 Here are some conversation questions related to the business vocabulary provided:

Entrepreneurship:

  • Have you ever thought about starting your own business? What kind of business would you start?

  • What qualities do you think are important for a successful entrepreneur? Profit and Investment:

  • What are some ways companies can increase their profits?

  • How do you decide where to invest your money for future financial gain? Market and Competition:

  • How does competition impact businesses? Can it be beneficial?

  • What factors do you consider when analyzing a market before entering it? Budget and Sales:

  • How important is it for businesses to create and stick to a budget?

  • What strategies can companies use to boost their sales? Marketing and Customer:

  • How do companies attract new customers?

  • Why is providing excellent customer service crucial for businesses? Product and Strategy:

  • Can you think of a product that has been successful in the market? What made it successful?

  • Why is it important for companies to have a clear strategy for achieving their goals? Brand and Innovation:

  • What comes to mind when you think of a strong brand?

  • How does innovation contribute to a company's success? Negotiation and Leadership:

  • What are some key skills needed for successful negotiation?

  • How does effective leadership impact the performance of a team or organization?

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