The term strong commercial acumen is an attribute you will commonly see listed in job ads. An alternative term you'll see in job ads, which means the same thing, is 'business acumen'.
Typically an employer will need this attribute in job candidates where they have a responsibility to manage money or budgets, do buying, selling or negotiating where there is a financial impact on the organisation and/or its clients.
Basically to have financial or business acumen means you will understand financial concepts such as profit and loss, cash flow, profit and loss, income and expenditure, gross and net margin and so on. To have business acumen also means that because of your knowledge of these types of financial concepts you will be in a position to assess financial risks, and the financial impact of actions that either you might take, or, if you are in a leadership position, the financial impact of the actions of people for whom you are responsible.
When this is a required attribute, employers will probably want to see evidence of your track record which demonstrates financial acumen.
In short 'Commercial Acumen' is the ability to view situations from a commercial or business perspective. It's about knowing your market & your customers and what they want and need & how they work. Knowing what your competitors are up to; mainly so the connection between what we 'could do' and what we 'should do' become clear.
Acumen Fund was created in 2001-04.
Example sentence - My business acumen is highly regarded.
Example sentence - Her business acumen was admired by everyone.
A remarkabe acumen in business matters
The olympic gold medalist's acumen was in figure skating.The husband had shown remarkable business acumen throughout his career.If you want to master your knowledge of sales, you have to improve your buisness acumen.He showed remarkable acumen for predicting the weather.An example is "because of his mathematical acumen, Chuck was able to figure out in minutes problems that took other students hours."
The husband had shown remarkable business acumen throughout his career.
Acumen means the ability to make good judgments and quick decisions, typically in a particular domain. Joe had great business acumen when starting the coffee shop.
Synonyms of Acumen: awareness, brilliance, intelligence, understanding, sharpness, judgment, vision, grasp Antonyms of Acumen: ignorance, stupidity, inability, denseness
If you mean rhyming, then... albumin * acumen * inhuman * crewman * fumin' (fuming).
Business acumen involves the ability to manage human, financial, and information resources in an organization, strategically.
Meg Whitman is known for her strong leadership skills, strategic vision, and business acumen. She has a track record of successful turnarounds and growth in the companies she has led. Additionally, she is adept at building and maintaining strong relationships with stakeholders.
If you have a strong business acumen, you should reveal your strengths during a job interview. Having a business sense can be beneficial for any company.