Phrasal Verbs Questions Medium
Some phrasal verbs related to business and finance include:
1. Carry out: To perform or complete a task or activity. Example: "We need to carry out a market analysis before launching the new product."
2. Set up: To establish or create something, such as a business or a system. Example: "They set up a new branch in the city center."
3. Take over: To gain control or ownership of a company or organization. Example: "The multinational corporation took over the struggling company."
4. Write off: To cancel or eliminate a debt or financial obligation. Example: "They decided to write off the bad debt."
5. Bring in: To introduce or implement something new, such as a policy or a strategy. Example: "The company brought in a new marketing campaign to attract more customers."
6. Cut back: To reduce or decrease expenses or spending. Example: "Due to the economic downturn, they had to cut back on their workforce."
7. Cash in: To convert an asset or investment into cash. Example: "He decided to cash in his stocks before the market crashed."
8. Pay off: To repay a debt or loan. Example: "She worked hard to pay off her student loans."
9. Break even: To reach a point where income equals expenses, resulting in neither profit nor loss. Example: "The business is struggling to break even in its first year."
10. Lay off: To terminate or dismiss employees due to financial constraints. Example: "The company had to lay off several employees to cut costs."