commercial acumen
Meaning(s)
1. the ability to make good judgements and quick decisions in business
Popularity
Medium
Professional
Low
Social
How to Memorize
the business is struggling because the boss has no commercial acumen
Analysis
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.'
Professional Examples (Advance)
- Steve's commercial acumen makes him the favourite for the promotion. No one at the company understands the market better than he does.
- 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.