ENGLISH FOR SPECIFIC PURPOSES Business English Report

1. (English for
Specific
Purposes)
Ms. May Andrea Francia and Ms. Rinalyn Mallari

2. Why is English is so
Important in Business?

3.  English is the language of
business and communication
worldwide.
English is the most widespread
spoken and written language in
the world.

4.  English is the language of the
internet.
English tops the internet in
number of users and is also a
top language in tech.

5.  English is the language of
pop culture.
Be aware of common cultural
nuances to better communicate
at work and be understood.

6. What is Business English?

7. Business English is English
Language especially related to
the language used in business
and international trade.

8. Role of ESP in Business

9. Enables you to more
effectively and fluently
communicate in English
during day to day workplace
scenarios.

10. Ensure that you are proficient
in the use of English for email
communications.

11. Having this superior level of
English language communication
skills is especially helpful if your
employer requires you to
correspond in English with clients
and customers from around the
world.

12. Business English Terms

13. Word In Business
English
In General
English
Acquisition Taking over the
control of one
company by another
the learning or
developing of a skill,
habit, or quality
Grant A sum of money or
other payment
given for a particular
purpose
agree to give or
allow (something
requested) to

14. Word In Business
English
In General
English
Revenue The entire amount
of income before
any deductions are
made
Money that is
collected for public
use
Budget Summary of
intended
expenditures along
with proposals for
how to meet them
Low in price

15. Word In Business
English
In General
English
Bonus additional payment (or
other remuneration) to
employees as a means
of increasing output
something welcome
and often unexpected
that accompanies and
enhances something
that is itself good
end user person or group who
will use the product
produced by the
project

16. Word In Business
English
In General
English
Copy
(Advertising)
Copy is the written
word(s) used to
communicate
information about your
product or service.
An imitation,
transcript, or
reproduction of an
original work
Fixed Costs the costs that do not
change in relation how
much you sell.

17. Word In Business
English
In General
English
Wholesaler person who provides
the distribution of
inventory from the
manufacturer to the
retailer
Supplier organization that
provides supplies to a
business

18. Word In Business
English
In General
English
Liability An amount owed by a
business
State of being liable
Recruitment Finding new people to
join an organization

19. Word In Business
English
In General
English
Headquarters The office that serves
as the administrative
center of an enterprise
Place which a
commander performs
command
Market The world of
commercial activity
Store where foods
and often household
items are sold

20. Word In Business
English
In General
English
Draw Down Activating a line of
credit
Lowering of water
level
Gross Profit Gross sales less cost of
goods sold. This is
your mark-up.

21. Word In Business
English
In General
English
Goodwill The difference
between the value of
the hard assets and the
business’ selling price.
Also called “blue sky”.
Kind, helpful, or
friendly feeling or
attitude
Interest Money paid (cost of
credit) for the use of
money.
A feeling of wanting
to learn more

22. Word In Business English In General
English
Lien A claim against a business’
assets to secure payment of
a debt.
a right to keep
possession of
property
Liquidity A company’s ability to pay
its expenses. The ability to
turn an asset into cash (such
as selling a piece of
machinery).
clear, smooth and
pleasant in sound