Business English for Executives

💳An Overheating Economy: Vocabulary Builder symptoms of an overheating economy – симптомы перегрева экономики a growing economy – растущая экономика to reach the limits of capacity - достичь предела производственных мощностей to meet the demand – удовлетворить спрос spare capacity in the economy - свободные мощности (неиспользованные ресурсы) в экономике rising rates of inflation – растущие темпы инфляции abnormally high employment rates - аномально высокий уровень занятости to cool economic growth – снизить темп экономического роста asset bubble – финансовый пузырь  an average mortgage (mɔːʳgɪdʒ) interest rates - средние процентные ставки по ипотечным кредитам soft loan programs - программы льготного кредитования universal recipe (resɪpi) -  универсальный рецепт consumer spending patterns - структура потребительских расходов Financial vulnerability ( vʌlnərəbiliti) - финансовая уязвимость

Why is it small business that suffers the most? Small and medium-sized businesses (SMEs) can be particularly vulnerable because of 👉Increased Costs driven by rising wages and competition: SMEs may struggle to match the salary increases offered by larger companies. 👉Changes in Consumer Spending Patterns: Consumers may cut back on spending and become more price-sensitive, opting for cheaper alternatives. 👉Financial Vulnerability: SMEs are typically less prepared for economic shocks. High inflation and rising costs can quickly erode their cash reserves. 👉Regulatory and Tax Pressures: Increased taxes or new regulations, may disproportionately impact SMEs, as they often have no extra resources to absorb new costs. ❓Any ideas on the useful strategies?