To be on the ball
To be very alert and aware of what is happening
Jump on the bandwagon
Join others in doing or supporting something fashionable or likely to be successful
Something that costs an arm and a leg
Very expensive
Nationalization
Takeover by government of a private company or industry
Belt-tightening measures
Severe reductions
Respective
That belongs to each of the separate people/things you have just mentioned
Privatization
Sale of government assets to the private sector
Population growth
Increase in the total number of people in a region
Political stability
Status of a stable government
Intellectual property rights
Legally recognized exclusive rights from creations of the mind
Cut corners
To do something in the easiest, cheapest, or fastest way
Age distribution
The percentage of people who fall into different age categories in a population study
Lifestyle trends
A look at lifestyle over time to see what’s current or happening now
Your guess is as good as mine
Used to tell someone that you do not know any more than they do about something
A hot potato
A subject that is very controversial and most people would rather not have to deal with
PEST analysis
Tool for analyzing an organization’s external environmental factors
Basis point
Unit of measure for interest rates and other percentages which equals to 0.01%