Business English Glossary, L
17 terms starting with L. See the full glossary.
- last-mile delivery
- The final step of the delivery process to the customer · Appears in: Optimizing Cold Chain Logistics for Dairy and Poultry Supply Chains
- latency
- the delay before a transfer of data begins following an instruction · Appears in: Integrating Hospital IT Systems with Legacy Infrastructure
- latent risks
- hidden dangers that are not yet apparent · Appears in: Managing Project Crisis and Stakeholder Concerns
- layered approach
- A method using multiple levels or types of lighting. · Appears in: Discussing Project Proposal Details
- learning curve
- The period of difficulty when first learning something new · Appears in: Addressing ERP and CRM Implementation Challenges
- Leave Management System
- A software module for handling employee time-off requests and approvals. · Appears in: Demonstrating HRIS Automation and Analytics, Demonstrating HRIS Automation and Analytics Features
- legacy systems
- older computer systems that are still in use but may be outdated · Appears in: Integrating Hospital IT Systems with Legacy Infrastructure
- legal changes
- Updates or modifications to existing laws · Appears in: Negotiating Workforce Agreement Details
- length-of-stay
- The average duration a patient remains in a hospital or facility. · Appears in: Understanding Clinic Economics Under Regulated Pricing
- lifelong learning
- The ongoing, voluntary pursuit of knowledge for personal or professional reasons. · Appears in: Managing Payroll and Labor Law Compliance
- lightweight, modular components
- separate, easy-to-move parts used in construction · Appears in: STAR Method for Behavioral Interview Responses
- list price increase
- A formal rise in the official selling price of a product. · Appears in: Annual Trade Negotiation Closing the Deal
- live dashboard
- a real-time visual interface showing current performance data · Appears in: Defending Supplier Contracts Against Competitor Bids
- logistics workflows
- The processes and systems used to manage the movement and storage of goods. · Appears in: Addressing Competitive Pricing and Fulfillment Challenges
- long-term sustainability
- The ability of a business or revenue stream to continue successfully over a long period. · Appears in: Using Data to Build a Strong Argument in a Pitch Deck
- longevity is a cornerstone
- durability is a fundamental principle of the brand. · Appears in: Post-Golf Apparel Sales Conversation
- loyalty-based pricing
- A pricing strategy that offers different rates or discounts based on how long a customer has been with the company. · Appears in: Proactive Customer Billing Education and Segmentation