Business Jargon

Name:

Date:

Instructions: Common business terms and buzzwords and their meanings

1.
In business, what does 'synergy' mean?
A
The combined effect being greater than the sum of individual efforts
B
Working alone efficiently
C
A type of energy drink
D
A corporate merger
2.
What does it mean to 'pivot' in a business context?
A
To hire new employees
B
To close the business
C
To rotate office furniture
D
To fundamentally change business strategy or direction
3.
What does 'ROI' stand for?
A
Return on Investment
B
Rate of Income
C
Risk of Inflation
D
Revenue of Industry
4.
When someone says 'let's take this offline,' what do they mean?
A
Turn off the computers
B
Discuss this privately or at another time
C
Go on vacation
D
Cancel the project
5.
What does 'bandwidth' mean in business jargon?
A
Internet speed
B
A rubber band measurement
C
The capacity or time available to handle tasks
D
Office space
6.
What is a 'stakeholder' in business?
A
Anyone with an interest or concern in the business
B
Someone who owns company stock
C
The company's founder
D
A vampire hunter
7.
What does 'think outside the box' mean?
A
Think creatively and unconventionally
B
Open a package
C
Move to a bigger office
D
Work from home
8.
What does 'scalable' mean in business?
A
Able to be measured
B
Able to be weighed
C
Able to grow and handle increased demand
D
Able to climb mountains
9.
What is 'due diligence'?
A
Being polite at work
B
Working overtime
C
Thorough research and investigation before a decision
D
Paying bills on time
10.
What does 'low-hanging fruit' refer to in business?
A
Healthy office snacks
B
Easy tasks or goals that can be achieved quickly
C
Products sold at a discount
D
Entry-level positions
11.
What does 'KPI' stand for?
A
Knowledge Processing Index
B
Key People Involved
C
Known Profit Interest
D
Key Performance Indicator
12.
What does it mean to 'leverage' something in business?
A
To measure a distance
B
To lift heavy objects
C
To use something to maximum advantage
D
To apply for a loan
13.
What is a 'pain point' in business?
A
An office injury
B
A specific problem that customers or businesses experience
C
A financial loss
D
A difficult employee
14.
What does 'touch base' mean in business?
A
Briefly make contact or check in with someone
B
Sign a contract
C
Visit the office
D
Play baseball
15.
What does 'bottom line' refer to in business?
A
The basement of a building
B
The final financial result or most important point
C
The company's lowest-paid worker
D
The last line of a document

Answer Key

Question 1

A. The combined effect being greater than the sum of individual efforts

Question 2

D. To fundamentally change business strategy or direction

Question 3

A. Return on Investment

Question 4

B. Discuss this privately or at another time

Question 5

C. The capacity or time available to handle tasks

Question 6

A. Anyone with an interest or concern in the business

Question 7

A. Think creatively and unconventionally

Question 8

C. Able to grow and handle increased demand

Question 9

C. Thorough research and investigation before a decision

Question 10

B. Easy tasks or goals that can be achieved quickly

Question 11

D. Key Performance Indicator

Question 12

C. To use something to maximum advantage

Question 13

B. A specific problem that customers or businesses experience

Question 14

A. Briefly make contact or check in with someone

Question 15

B. The final financial result or most important point

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