Business Vocabulary — Set 1: Quick Drills flashcards
10 of 33 cards free to study here · 10 topics · the whole deck is built into Willys
Meaning to term: 33 of the Set 1 words, from a fresh one-line definition in the business sense back to the term itself, with one example of it at work.
Drills deck · part of Business Vocabulary · written against: The terms of everyday business, finance, marketing and the workplace; American usage; our own word selection. Updated 2026-10-10.
Study the free sample
10 cards from the deck as they are. Flip, rate yourself, filter by topic; your progress stays in this browser.
Tap the card or press Space to flip
The 10 sample cards as a list
-
Which word means planned for or lasting many years ahead, rather than just the next few months?long-termStrategy & Planning
Signing with one paper supplier for five years gave us a long-term partner. -
Which word means a plan capping what may be spent on each item over a set time, like a quarter?budgetFinance & Accounting
The new hire's first task was drafting next quarter's travel budget. -
Which word means the effort an organization mounts when it times several ads, messages or events to pull together toward one goal, like boosting sales?campaignMarketing & Sales
The shoe company's back-to-school campaign featured real students and their teachers. -
Which word means of a supply approach that swaps big stockpiles for deliveries timed to arrive just as production needs them?just-in-timeOperations & Supply
Switching to just-in-time production freed up half the warehouse floor. -
Which word means the skill of steering people and motivating them to pull together toward a common aim?leadershipPeople & Management
Ana's leadership turned a squabbling repair crew into the plant's most reliable team. -
Which word means of a deal or outcome that pays off for all sides at once?win-winDeals & Negotiation
Lending the empty lot to a farmers market seemed a win-win arrangement. -
Which word means what a business faces when other firms chase its shoppers, or those rival firms themselves?competitionEconomics & Markets
Competition from a new discount store forced the hardware shop to cut hours. -
Which word means prolonged, serious friction in which two sides keep pulling against each other over opposing goals or views?conflictLaw & Compliance
Years of conflict between the founders ended when one sold her shares. -
Which word means the official account set down after each meeting so members can later check what came up and what was resolved?minutesMeetings & Communication
The secretary emailed the minutes, noting who voted against the budget. -
Which word means a linked setup that lets several computers reach the same files, printers and internet connection?networkTechnology & Data
Guests use a separate network so they can't reach the hotel's booking system.
Unlock the whole deck
You are studying a free 10-card sample. All 33 cards of Business Vocabulary — Set 1: Quick Drills, the other 11 Business Vocabulary decks, and spaced-repetition scheduling are built into Willys. 14-day free trial, then $14.99 a year.
In Willys, tap Exam Library at the top of your Decks (or Browse Exam Library… under the + button), find the exam on its shelf or by search, tick it and tap Add.
More Business Vocabulary decks
← All Business Vocabulary decks, with the study guide and topic outline.
About these cards
Review status: Second-reader reviewed, with corrections applied.
Checked against:
- Senses, parts of speech and pronunciations checked against Merriam-Webster.com, the American Heritage Dictionary and the Oxford Learner's, Longman and Cambridge learner's dictionaries; all definitions, notes and example sentences are original.
- Word selection is our own, by frequency (wordfreq, CC BY-SA 4.0) and editorial judgment; no publisher's business glossary is reproduced.
These are independent study notes written for Willys. They are not official exam material, may contain mistakes, and are no substitute for your course, your teacher or the exam owner's own publications. Found an error? Tell us — corrections ship as a new version of the deck.
Use of these pages is covered by our Terms of Use.