F2F Class Notes (Nemo)

Vocabulary

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chit-chat (n)-informal conversation about matters that are not important:
E.g.: “What did you talk about?” “Oh, just chit-chat.”

business plan (n): 1-a detailed plan describing the future plans of a business

cut the cost
cut (n)-REDUCTION-a reduction in the number, amount, or rate of something:
E.g.: a cut in expenditure/interest rates/hospital waiting lists

start up company创业公司

I was doing a job RELATED to….

he LEFT the company

low labor-cost country

-The customer and the supplier countries like US, UK, Canada, Australia, and West European nations are considered as high-cost countries (HCC) whereas resource rich and regulated wage labor locations like China, India, Indonesia, Bolivia, Brazil, Russia, Mexico, and East European nations are considered low-cost countries

move their production to a low labor cost country

the economic situation in China is dire/bleak/on a downslide

to be up to the task-to be ready and able to perform in finishing your job