Real life: Business vocabulary

A power of ..... is a person who is designated usually by a primary account holder to act on behalf of the account holder if he/she should become unable to make financial decisions.

Good morning, Johnson & Wesson. How can I help you? .....

Some people get really nervous during speeches and they often use several or many ..... words like "um, you know, well, so" etc. throughout their speeches. Repeated use of these kinds of words should be avoided in order to keep the audience engaged.

Sarah is a ...... She handles all of the correspondence for the manager in her office. She is also responsible for the filing and meeting arrangements as well as other clerical duties such as answering the phone. Her position is also known as an administrative assistant.

Make sure to read your credit ..... very carefully when you get a mortgage. I didn't read mine that carefully and was late one month. My interest rate went up two points for six months. If I had known that would happen, I wouldn't have been so lax on sending in the payment.

My architect just got done with the ..... for the new house she designed for us. Now, we just have to get some quotes from construction firms, choose one and start building!

Today's management theories indicate that if a firm wants to remain competitive in today's environment, it should focus on its core ..... in other words things it does better than its competitors and outsource any operations that others do better.

Empirical research indicates that businesses with a focus on ..... and have "gone green" are currently outperforming competitors from a financial standpoint - that do not have this focus.

An insurance ..... is money that is paid to a customer who has experienced some kind of loss or injury that is covered under his/her policy.

An insurance policy ..... is coverage that is continued past the specified, original term dates.