Business Phrases in English You Need to Know

Working in an international environment might be challenging as co-workers often use a lot of business phrases that are methaphorical, which makes them more difficult to understand. A lot of these business phrases refer to nature, agriculture, sport activities, and others. Check the list below and their meanings.

PHRASES USED IN BUSINESS

Actionable insights – Information that can be acted upon to make decisions.

Align – To ensure agreement or coordination among different parties or elements.

Bandwidth – The capacity or ability to handle tasks or information.

Benchmark – A standard or point of reference against which things may be compared or assessed.

Best practices – The most efficient and effective way of doing something.

Buy-in – Agreement or support from stakeholders or team members.

Circle back – To return to a topic or conversation later.

Core competencies – The main strengths or strategic advantages of a business.

Deep dive – An in-depth analysis or thorough examination of a topic.

Ecosystem – The interconnected system of different elements or players within a market or industry.

Game changer – An innovation or development that significantly alters the status quo.

Granular – Detailed or specific in analysis or breakdown.

Leverage – To use something to maximum advantage.

Low-hanging fruit – Tasks or targets that are easy to achieve.

Move the needle – To make a noticeable impact or change.

On the same page – To be in agreement or to have a shared understanding.

Paradigm shift – A fundamental change in approach or assumptions.

Ping – To send a brief message or reminder.

Quick win – An easy or fast accomplishment that delivers immediate benefits.

ROI (Return on Investment) – The gain or loss generated on an investment relative to its cost.

Scalability – The ability to grow or expand in capability or size.

Strategic fit – How well something aligns with overall business strategy.

Synergy – The combined effect greater than the sum of individual effects.

Take it offline – To discuss something outside of the current meeting or context.

Take ownership – To take responsibility for a task or project.

Think outside the box – To think creatively or unconventionally.

Touch base – To make contact with someone.

Touchpoint – An interaction or point of contact between a business and its customers.

Value-added – An enhancement added to a product or service that increases its value.

Win-win – A situation beneficial to all parties involved.

 

TEST YOURSELF! DO THE FILL-IN EXERCISE BELOW AND THEN CHECK THE ANSWERS

circle back     on the same page   synergy    take it offline   touch base

  1. Let’s __________ next week to discuss the project updates.
  2. Can we __________ on this topic after the meeting?
  3. We need to ensure that everyone is __________ before moving forward.
  4. Let’s __________ on the details in a separate email.
  5. By collaborating, we can create __________ that benefits everyone.

bandwidth   game changer   leverage  low-hanging fruit   move the needle

  1. We need more __________ to handle the additional workload.
  2. Let’s focus on the __________ first to gain quick results.
  3. We should __________ our resources to achieve better outcomes.
  4. This partnership could be a __________ for our business.
  5. We need to __________ our efforts to make significant progress.

actionable insights   best practices   paradigm shift   take ownership   value-added

  1. This new software requires a __________ in how we manage our processes.
  2. By adding these features, we create a __________ service for our clients.
  3. Implementing __________ will improve our efficiency.
  4. It’s important to __________ of this project to ensure its success.
  5. The data provided __________ that can guide our strategy.

align   game changer    granular   quick win  scalability

  1. This new policy is a real __________ for our industry.
  2. Our solution is designed for maximum __________ to adapt to growth.
  3. We need to __________ our goals with the company’s vision.
  4. Let’s look at the problem from a more __________ perspective.
  5. We should aim for a __________ that demonstrates immediate value.

deep dive   ecosystem   ping   strategic fit   touchpoint

  1. We need to evaluate if this project is a __________ with our objectives.
  2. Improving customer __________ is crucial for satisfaction.
  3. I’ll __________ you later with the details.
  4. Our company’s __________ includes partners, suppliers, and customers.
  5. We’ll do a __________ into the data to find the root cause.

benchmark   buy-in   core competencies   ping   ROI (Return on Investment)

  1. Securing __________ from all team members is essential for success.
  2. Our main goal is to maximize our __________ from this initiative.
  3. We need to __________ our performance against industry standards.
  4. The project will focus on our __________ to maintain our competitive edge.
  5. __________ us when you’re available to discuss the proposal.

Answers

  1. touch base
  2. circle back
  3. on the same page
  4. take it offline
  5. synergy

  1. bandwidth
  2. low-hanging fruit
  3. leverage
  4. game changer
  5. move the needle

  1. paradigm shift
  2. value-added
  3. best practices
  4. take ownership
  5. actionable insights

  1. game changer
  2. scalability
  3. align
  4. granular
  5. quick win

  1. strategic fit
  2. touchpoint
  3. ping
  4. ecosystem
  5. deep dive

  1. buy-in
  2. ROI (Return on Investment)
  3. benchmark
  4. core competencies
  5. Ping

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