Speak Business English Like an American » LESSON 7 - Discussing Bad Results

Discussing Bad Results

Ron, Alex, and P am work for Brooklyn Brewski, a company that brews and distributes beer throughout New York. The company s recent results have been terrible.

Alex: We need to face the music here. We're in deep trouble! Sales are down by 50 percent versus last year.

Pam: It looks like we're going to be in the red for the year to the tune of $1 million.

Ron: No wonder. We're losing market share to Manhattan Beer.

Alex: Why? We need to get to the bottom of this!

Pam: Every year they come up with new beers. They're really on top of trends. For instance, last year they released a low carb beer.

Ron: No wonder they're eating our lunch! They're cashing in on the latest trends and bringing great new products to market.

Pam: Meanwhile, we're running in place. We need a new product line and new ideas for marketing.

Alex: It's time to clean house and bring some new blood into this company.

Ron: You took the words right out of my mouth! We need some new people with fresh ideas.

Idioms
  • (to) face the music
    to admit that there's a problem; to deal with an unpleasant situation realistically
    EXAMPLE: Enron executives finally had to face the music and admit that they were involved in some illegal activities.
  • in deep trouble
    having a serious problem; in crisis
    EXAMPLE: If there's another winter without any snowfall, Craig's snow plowing business is going to be in deep trouble.
  • in the red
    losing money; when expenses are greater than revenues
    EXAMPLE: We need to do something to start making profits. If we're in the red for one more quarter, we're going to go out of business.

    NOTE: This expression comes from the accounting practice of marking debits (subtractions to the account) in red and credits (additions to the account) in black. The opposite of "in the red" is "in the black," meaning profitable.

  • to the tune of (followed by a number)
    in the amount of; approximately
    EXAMPLE: This year, our Beijing office will bring in revenues to the tune of two million dollars.
  • no wonder
    it's not surprising that
    EXAMPLE: No wonder Randy hasn't been promoted in 10 years. He just sits in his office surfing the Internet all day.
  • market share
    the percentage of sales a company has in relation to its competitors for a product or product line
    EXAMPLE: We're in trouble. Our market share went from 50 percent last year to only 20 percent this year!
  • (to) gain market share
    to increase one's share of the market.
    Example: With the launch of their popular new herbal toothpaste, Colgate gained market share.
  • (to) lose market share
    to decrease one's share of the market.
    Example: Last year, Internet Explorer lost market share to one of its rivals, Mozilla.
  • (to) steal market share (from)
    to take sales away from a competitor.
    Example: Motorola and Samsung are trying to steal market share from Nokia.
  • (to) get to the bottom of something
    to figure out what's going on; to find out what's causing a problem
    EXAMPLE: When hundreds of people had heart attacks after taking Zylestra's new prescription drug, the Federal Drug Administration promised to get to the bottom of it.
  • on top of trends
    modern; aware and responding to the latest tastes
    EXAMPLE: The Gap is on top of trends. They always have the latest styles in their stores.
  • eating one's lunch
    taking away one's business
    EXAMPLE: Ever since Wal-Mart came into town, our local stores have been doing poorly. Wal-Mart is eating their lunch.
  • (to) cash in on
    to make money on; to benefit financially from
    EXAMPLE: Jamie Oliver, star of the TV show The Naked Chef, cashed in on his popularity by writing cookbooks and opening restaurants.
  • (to) bring a product to market
    to introduce or launch a new product
    EXAMPLE: Next year will be very busy for Procter & Gamble's Oil of Olay division. They're going to bring many new products to market.
  • (to) run in place
    to not make any progress; to be stuck; to remain in the same place for a long period of time
    EXAMPLE: Our company needs to come up with some innovative new products. We've been running in place for years.
  • (to) clean house
    to fire a lot of employees
    EXAMPLE: The airline was nearly bankrupt. They had no choice but to clean house.
  • new blood
    new employees
    EXAMPLE: When the biotech company brought some new blood into their R&D department, their business really started to improve.
  • You took the words right out of my mouth!
    I completely agree with you; I was just going to say that
    EXAMPLE: "I hope the boss doesn't hold our holiday party at his house again this year." "You took the words right out of my mouth! I'd much rather go to a restaurant."
Practice The Idioms

Fill in the blanks using the following idioms:

  • new blood
  • in deep trouble
  • no wonder
  • running in place
  • eating their lunch
  • face the music
  • on top of trends
  • bring some new products to market

Zylestra is a large pharmaceutical company. They haven't introduced any major new drugs in a long time. They've been (1) ___________ for the past few years. Their biggest competitor, Delmar Drugs, is stealing market share from them and is (2) ___________ . It's really (3) ___________ Delmar is more successful. Over the past few years, they've come out with effective drugs for lowering cholesterol and reducing the risk of heart disease. Delmar understands what their customers want. They invest heavily in consumer research to stay (4) ___________ . Meanwhile, Zylestra is still selling the same drugs it was selling three years ago. If Zylestra doesn't follow Delmar's example and (5) ___________ soon, they're going to be (6) ___________ . Investors in the company hope that Richard Pierce, Zylestra's CEO, will (7) ___________ and take action to turn around the company. As a first step, he might consider bringing in some (8) ___________ to help him run the company.

Answer Key
Practice The Idioms
  1. running in place
  2. eating their lunch
  3. no wonder
  4. on top of trends
  5. bring some new products to market
  6. in deep trouble
  7. face the music
  8. new blood
Answer Key
Favorite Books

If you already speak some English and now would like to speak more like a native, “Speak English Like an American” will help you. One of the keys to speaking like a native is the ability to use and understand casual expressions, or idioms. American English is full of idioms. Speak English Like an American will help you understand and use idioms better. It contains over 300 of today's most common idioms.

Read more

English idioms, proverbs, and expressions are an important part of everyday English. They come up all the time in both written and spoken English. Because idioms don't always make sense literally, you'll need to familiarize yourself with the meaning and usage of each idiom. That may seem like a lot of work, but learning idioms is fun, especially when you compare English idioms to the idioms in your own language.

Read more

The purpose of the Illustrated Everyday Expressions with Stories series is to introduce English language learners to common idioms through humorous examples and illustrations. The lessons in this book will both entertain and enlighten students while providing exposure to how each idiom can be used in a variety of contexts.

Read more

The purpose of the Illustrated Everyday Expressions with Stories series is to introduce English language learners to common idioms through humorous examples and illustrations. The lessons in this book will both entertain and enlighten students while providing exposure to how each idiom can be used in a variety of contexts.

Read more

Do you want your English to sound natural and fluent? Idiomatic expressions are essential to natural sounding English, but they can be challenging to remember, and even harder to use in conversation. This simple and straightforward program can help you master hundreds of useful and common idiomatic expressions. Best of all, you don't need a book, so you can listen anywhere and anytime it's convenient. It's a piece of cake!

Read more

Everyday Conversations is intended for sixth- and seventh-grade students of English as a Foreign Language (EFL) or English as a Second Language (ESL). Students can listen to and/or read dialogues in English. Topics of the conversations include introductions and small talk, shopping, asking for directions, hobbies, and giving advice.

Read more

More Speak English Like an American brings you another 300+ idioms and expressions you need to know. Maybe you have already read Speak English Like an American. But this is not a necessary requirement. You can start with this new book, if you like, and work back. This popular ESL book features a new story and new American English idioms and expressions.

Read more