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Words
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Polls
- Encuesta
- Sondeo
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Sugerencia
- Ought to
- Should
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Passive Modals in the Present Tense
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Activity of team
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Practice
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What's been happening in your lives?
- Has your career been influenced by significant mentors or role models?
- Is your daily routine affected by recent changes in your health?
- Have your personal goals been achieved despite obstacles you've faced?
- Was your educational journey shaped by inspiring teachers
- Were your travel plans disrupted by unforeseen circumstances
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Some questions to be kept in mind for a business forecasting...
- Must the company's technology infrastructure be upgraded for future growth?
- May the company's workforce be expanded to meet rising demands?
- Could the company's products be diversified to explore new markets?
- Is the company's reputation likely to be enhanced through sustainable practices?
- Has the company's innovation been crucial to its competitive advantage?
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Various
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Differences
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Survey
- Individual questions
- Used for gathering data
- Analyzes responses
- Provides insights about an individual
- Provides insights about a group of people
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Questionnaire
- Individual questions
- Provide insights about a group of people
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Key vocabulary
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Historical data
- Datos históricos
- Registro histórico
- Data collected about past events and circumstances pertaining to a particular subject
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Market trends
- Tendencias del mercado
- A perceived tendency of financial markets to move in a particular direction overtime
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Statistics
- Estadísticas
- A branch of mathematics dealing with the collection, analysis, interpretation, and presentation of masses of numerical data
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Qualitative method
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Metódo cualitativo
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Purpose
- Answer "Why?" question
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Data type
- Observation, Symbol, Word etc.
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Approach
- Observe and interpret
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Analysis
- Grouping of common data / non-statistical analysis
- Used to understand people's beliefs, experiences, attitudes, behavior, and interactions
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Quantitative method
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Metódo cuantitativo
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Purpose
- Answer "How many/much?" question
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Data type
- Number/Statistical result
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Approach
- Measure and test
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Analysis
- Statistical analysis
- Emphasizes objective measurements and the statistical mathematical, or numerical analysis of data collected through polls, questionnaires, and surveys
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Business forecast
- Pronostico empresarial
- A decision-making tool used by many businesses to help in budgeting, planning and estimating future growth
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To conduct a survey
- Realizar una encuesta
- Try to find out detailed information about a lot of different people or things, usually by asking people a series of questions
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Benchmark
- Referencia
- A standard or point of reference against which things may be compared or assessed
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A mature market
- Un mercado maduro
- A country that has the most advanced economy and capital markets
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Rate
- Calificar
- A quantity, amount, or degree of something measured per unit of something else
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Surge
- Aumento
- To increase suddenly and strongly
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To apologize
- Disculparse
- Express regret for something that one has done wrong
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Focus group
- Grupo focal
- A group of people assembled to participate in a discussion about a product before it is launched
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Resources
- Recursos
- A stock or supply of money, materials, staff, and other assets that can be drawn on by a person or organization in order to function effectively
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To slant an answer
- Sesgar una respuesta
- Someone's opinion about a subject that is expressed by ignoring or hiding some information and emphasizing other information
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Profitable
- Rentable
- A business that generates a profit rather than a loss
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Consumer behavior
- Comportamiento del consumidor
- The actions and decision that people make when they are purchasing or using products
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Competitive bid
- Oferta competitiva
- A process where a services provider or vendor submits a business proposal to another business or organization for opportunities realing to goods or services
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Revenue
- Ingresos
- The income that a government or company receives regularly
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Fiscal year
- Año fiscal
- A 12-month accounting period that a business uses for financial and tax reporting purposes