Business Vocabulary
What is the Spanish term for ‘contract’?
Contrato
In Hispanic business culture, what is an important value during meetings?
Building personal relationships and trust.
Who is the founder of the global coffee chain, Starbucks, who hails from Puerto Rico?
Howard Schultz (Note: While Schultz is not Hispanic, Starbucks has strong ties to Hispanic suppliers and businesses.)
What does “¿En qué puedo ayudarle?” mean in English?
“How can I help you?”
Which U.S. state has the highest percentage of Hispanic residents?
California
How do you say ‘invoice’ in Spanish?
Factura
In many Hispanic cultures, what is the typical approach to business communication?
Indirect communication or politeness is often prioritized.
Who is the first Hispanic woman to become the CEO of a Fortune 500 company?
Maria Ramos
How do you say “Let’s schedule a meeting” in Spanish?
“Vamos a agendar una reunión.”
Which demographic group has become the largest minority group in the United States?
Hispanic Americans
What is the Spanish word for ‘profit’?
Ganancia
Which meal is often the most important time for business meetings in Latin America?
Lunch
Who founded the Latin American clothing brand “Desigual”?
Thomas Meyer (Note: A Spanish entrepreneur)
What is the Spanish translation for “I will send the contract tomorrow”?
“Enviaré el contrato mañana.”
What is the estimated purchasing power of the Hispanic community in the United States?
Over $1.7 trillion
Negociación
What is the typical attitude toward punctuality in Hispanic business settings?
In some Hispanic cultures, arriving a little late is more acceptable than in the U.S., but still shows respect for the meeting.
Which Mexican businessman is the wealthiest in Latin America and has investments in telecom, media, and retail?
Carlos Slim
How do you say “We need to finalize the agreement” in Spanish?
“Necesitamos finalizar el acuerdo.”
Which fast food chain introduced a menu specifically catering to Hispanic customers, such as burritos and tacos?
Taco Bell
What is the Spanish term for ‘shareholder ’?
Accionista
In some Hispanic countries, what is expected when you give someone a business card?
You should give it with both hands and take a moment to look at the card before putting it away.
Who is the founder of the multinational company “Grupo Bimbo,” one of the largest baking companies in the world?
Lorenzo Servitje
How do you say “We are very interested in your proposal” in Spanish?
“Estamos muy interesados en su propuesta.”
What percentage of U.S. business owners are Hispanic?
Around 12%