Jargon (Business)
Specialized language/terminology used in business.
Real World
When Elon Musk referred to Tesla's 'EBITDA margin' in an earnings call, many retail investors unfamiliar with the term misunderstood the company's profitability — illustrating how jargon can create communication barriers.
Exam Focus
In 'analyse' questions about communication barriers, define the jargon term precisely and link it to a specific stakeholder who would be disadvantaged.
How well did you know this?