Exam: BEC Vantage

Definition: Able to be discussed or changed in order to reach an agreement; something that can be transferred or passed from one person to another.

Example: The terms of the contract are negotiable, so we can discuss them further.

Definition: To discuss something in order to reach an agreement or decision.

Example: They need to negotiate a better deal for their services.

Definition: To discuss something in order to reach an agreement or settle a deal.

Example: They need to negotiate the terms of the contract before signing it.

Definition: The process of discussing something with others to reach an agreement or decision.

Example: The negotiation between the two companies lasted for several weeks before they reached a deal.

Definition: Remaining after all deductions or expenses have been taken away; the final amount left.

Example: The net profit for the company increased this year due to lower expenses.

Definition: A tool made of threads or fibers that is used to catch or hold things like fish, birds, or insects, or to create barriers against them.

Example: The fisherman used a large net to catch fish in the river.

Definition: To catch or trap something using a net, or to earn a profit after expenses are deducted.

Example: The fisherman will net a large catch today.

Definition: To connect with others in a way that allows for sharing information and support, often in a professional or social context.

Example: She decided to network with other professionals at the conference to find new job opportunities.

Definition: A group of interconnected people, systems, or things that work together or share information.

Example: The company has a strong network of contacts in the industry.

Definition: To connect computers or devices together so they can communicate and share information.

Example: The technician will network the computers in the office to improve communication.

Definition: A person who builds and maintains professional relationships with others, often for business or career purposes.

Example: As a successful networker, she always knows the right people to connect with for new opportunities.

Definition: The process of meeting and connecting with people for professional or social purposes, often to build relationships that can help in business or career development.

Example: Networking is essential for finding new job opportunities and building professional relationships.

Definition: To connect with others for professional or social purposes, often to exchange information or build relationships.

Example: She is networking at the conference to meet potential clients.

Definition: A special place or position for something, often referring to a specific area of demand or a role within a larger system.

Example: The artist found her niche in creating sculptures for public spaces.

Definition: To place something into a specific position or role that is suitable for it.

Example: The artist decided to niche her work in the local art community.

Definition: Describing something that is specialized or focused on a specific area or market.

Example: The company has successfully created a niched product that appeals to a small but dedicated audience.

Definition: This term describes something that is not associated with a specific commercial brand or label.

Example: Many consumers prefer nonbrand products for their affordability.