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CSEET (PAPER 1) - COMMON BUSINESS TERMINOLOGIES | BUSINESS COMMUNICATION



BUSINESS COMMUNICATION 

The research on Business Terms under CSEET – Business Communication is very suitable for students. It's just like, before words and phrases, learning alphabets. Terminologies are, in general, a set of words used in a matter of research, occupation, sector or industry with a specific meaning, etc. It leads to better comprehension and minimizes uncertainty by having established terminologies.

This terminology becomes part of our daily conversation sooner or later when we step into a professional course. In this study, let us make it relatively easier to remember these terms by linking memorizing terms to the method.

Since the program covers a broad variety of terms from different fields, such as accounting, industry, communications, management, organizational features, legal, etc., we should follow a method of grouping all relative terms under a very suitable heading that allows them to be easily remembered.

Before we move to the vast pool of CommonBusiness Terminologies, few ‘basic’ business terms glossary are:

  • Business: Activity of providing goods and services involving financial and commercial and industrial aspects.

 

  • Management: People those who in charge of running/ managing a business.

  • Marketing: The commercial processes involved in promoting and selling and distributing a product or service.

 

  • Profit: The amount of money left over after expenses are taken out.

 

  • Telecommuting: Working at home usually on a computer.

 

  • Downsizing: Planned reduction in the number of employees needed in a firm in order to reduce costs and make the business more efficient.

 

  • Outsourcing: Contracting out selected functions or activities of an organization to other organizations that can do the work more cost efficiently.

 

  • Research and Development (R&D): Business or government activity that is purposely designed to stimulate invention and innovation.

 

  • Headquarters: The office that serves as the administrative center of an enterprise.

 

  • Market: the world of commercial activity where goods and services are bought and sold.

I hope most of the terms above are really common and are already part of our everyday conversation and discussions. Groups are as relative as possible for improved learning experience now moving on the few advance or advance words that have gained their meaning in the recent past.

Let us go deeper into the glossary of Business terms or Business Terminologies of Business Communication through CSEET EXAM categories. Fruitful operation should be out of the vast list covering the most relevant terms, as the other terms are self-explanatory by virtue of their titles.


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