Study

Bus Eng 6 Exp 2018 U 1

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  • Lack of communication
    Not enough communication
  • Build on
    Do more with something good you already have
  • To offset
    To balance or to compensate
  • Threat
    Something that could possibly harm or damage
  • Legislation
    Laws and regulations
  • Upturn
    An improvement or a change to a higher level
  • Finances
    The management of a supply of money:
  • Exploit
    Use something in a way that helps you (take advantage)
  • To take advantage of something
    Make good use of the opportunities
  • Enhance
    Make better
  • Market niche
    Segment of a market that can be defined
  • Downturn
    A reduction in the amount of money
  • Strategy
    Plan to have success and avoid treats
  • Competitive advantage
    What makes a company better than its competitors