commercial acumen


1. the ability to make good judgements and quick decisions in business






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the business is struggling because the boss has no commercial acumen

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Generally speaking, somebody with 'commercial acumen' makes good decisions, recognizes opportunities and has a clear understanding of how an organization or market operates. This ability can be acquired through considered analysis or as a result of something instinctive, like a talent. It is almost always used in a professional context. A phrase with a similar meaning is 'business savvy.' 

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  1. Steve's commercial acumen makes him the favourite for the promotion. No one at the company understands the market better than he does.
  2. We're struggling because the boss does not have a good understanding of the inner workings of the company, or how to cater to the needs of customers. She has no commercial acumen.

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