Glossary 1

20 Business and Management. terms

This glossary has the purpose to help you vary your vocabulary in the workplace, especially for people in Business and Management

alignment
noun
Making sure everybody is on the same page.
Example: This lack of attention resulted in a misinterpretation of alignment.
en: alignement
benchmark
noun
A point of comparison often used as the lowest comparison.
Example: T is also calculated that around 98.7% of the students who attended the exam have passed the benchmark 40, which indicates the high quality of students.
en: point de référence
budget
noun
An estimate of income and expenditure for a set period of time.
Example: Preparation of the annual budget, This will include proposed funding for the coming year.
en: budget
https://upload.wikimedia.org/wikipedia/commons/8/84/Congressional_Budget_Office_report_2019-01-28_-_The_Budget_and_Economic_Outlook_-_2019_to_2029.pdf
deadline
noun
The latest time or date by which something should be completed.
Example: What else really matters is the project deadline.
en: date limite
You've missed the deadline! by Neil Owen, CC BY-SA 2.0 <https://creativecommons.org/licenses/by-sa/2.0>, via Wikimedia Commons
decision-making
noun
The process of choosing between options.
Example: Our decision-making has been off the charts this month.
en: prise de décision
deliverables
noun
The tangible outcomes or results that must be completed.
Example: Are the milestones consistent with the deliverables?
en: livrables
efficiency
noun
The ratio of the useful work performed by a machine or in a process to the total energy expended or heat taken in.
Example: Offers specialisation in activities this improves efficiency. Overheads, selling and administration.
en: efficacité
Wolfkeeper, Public domain, via Wikimedia Commons
forecast
noun
A prediction based on data (often sales or financial).
Example: Our forecast is saying that we will make 500 K profit this year.
en: prévision
KPI
phrase
Key performance indicator which is a metric to measure success.
Example: In order for the firm to re-assert its position in the market, it must focus on maximizing all these KPI's as opposed to simply increasing profits.
en: KPI
operations
noun
The day-to-day activities that keep the business running.
Example: The efficiency of our operations needs some improvement.
en: opérations
performance
noun
How well something or someone is doing.
Example: Our company is currently having the best performances we have ever had.
en: performance
prioritization
adverb
Deciding what’s most important to work on first.
Example: I prioritized the work my boss gave me to make him happy.
en: priorisation
resources
noun
People, money, time, or tools needed to do work.
Example: Our current resources are limiting us in the expansion of the company.
en: ressource
risk
noun
The possibility of loss or negative outcomes.
Example: With that decision, we would be taking a big risk in exchange for a chance of a high reward.
en: risque
ROI
phrase
Short for Return on Investment meaning the money that you profited form an investment.
Example: SPI over time Return on Investment (ROI) has grown 54.7% from period 0 (4.27) but is half of the leading company (E - 8.24).
en: retour sur investissement
scalability
noun
The ability to grow without losing efficiency.
Example: Still some problem can not be solved due to scalability.
en: évolutivité
stakeholder
noun
Anyone who owns a share in the company.
Example: To this end, the management of each stakeholder will be different.
en: partie prenante
U.S. Space Force photo by Airman 1st Class Madelyn Yepez, Public domain, via Wikimedia Commons
Strategy
noun
A plan of action or policy designed to achieve a major or overall goal.
Example: It can be stated that establishing the "strategy for Identification and Promotion of Traditional Products".
en: stratégie
value proposition
noun and adjective
The reason customers choose your product or service.
Example: By developing a sustainable strategy, differentiated offering is vital as customers can see the distinct VALUE PROPOSITION as superior to alternatives.
en: proposition de valeur
workflow
noun
The sequence of industrial, administrative, or other processes through which a piece of work passes from initiation to completion.
Example: Exam the business workflow and assess the functional requirements through a need-analysis.
en: flux de travail