scope of business

USAGE SUMMARY

"scope of business" is a correct and usable phrase in written English.
You can use it when you are referring to the range of activities or operations undertaken by a company or industry. For example: "The scope of business for this company has grown considerably over the past decade, now offering a much larger range of services and products."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

15 human-written examples

The court in December said there was evidence that executives violated the bank's charter, which states that the lender's scope of business was to finance medium-sized German companies.

The New York Times

Last December, Chinese Premier Li Keqiang designated Tianjin a free-trade zone, feeding an existing fervor to expand the scope of business in the city (more than half the world's Fortune 500 companies operate in the Binhai New Area).

The New Yorker

A number of prominent B-schools, the Wharton School of the University of Pennsylvania and Harvard Business School among them, have rethought their programs and are making changes to reflect the increasingly global scope of business and to improve students' leadership and teamwork skills.

The New York Times

The scope of business is becoming global, traffic is there.

TechCrunch

Or deliberately chose not to be responsible for anything outside the narrow scope of business growth.

TechCrunch

Success in Sumitomo's narrow scope of business is unlikely to make the Japanese bank a household name in the U.S.

Forbes

Human-verified similar examples from authoritative sources

Similar Expressions

44 human-written examples

It means widening the scope of businesses the SBA supports beyond conventional cottage industries.

Huffington Post

The ERP modules not mandatory fit in any business, therefore it is required to customize it after understanding the actual need & scope of the business.

WikiHow

The Kipers prefer not to disclose the scope of their business, including their earnings.

The New York Times - Sports

An obituary on May 18 about Norman D. Kurtz, chairman of the engineering firm of Flack & Kurtz, misstated the scope of the business.

The New York Times

"I've come back because I want people to know we've widened the scope of our business," Ms. Bruce said.

The New York Times - Arts

Expert writing Tips

Best practice

When discussing a company's strategic direction, clearly define the "scope of business" to avoid ambiguity. This ensures all stakeholders understand the areas of focus and potential expansion.

Common error

Avoid defining the "scope of business" too broadly, as this can lead to a lack of focus and inefficient resource allocation. Instead, prioritize core competencies and strategic growth areas.

Linguistic Context

The phrase "scope of business" primarily functions as a noun phrase, often acting as the object of a verb or the complement of a preposition. Ludwig AI confirms its use to define the extent of a company's operations.

Expression frequency: Common

Frequent in

News & Media

36%

Science

30%

Formal & Business

14%

Less common in

Wiki

8%

Encyclopedias

0%

Reference

0%

Ludwig's WRAP-UP

In summary, "scope of business" is a common and grammatically correct noun phrase used to define the range of activities undertaken by a company. As Ludwig AI confirms, it helps clarify the boundaries of a business's operations. It's frequently found in news articles, scientific papers, and formal business documents. When using this phrase, ensure that the definition is neither too narrow nor too broad to maintain focus and efficiency. Alternative phrases include "business domain" and "extent of operations".

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

extent of operations

Focuses on the scale and magnitude of a company's activities, often in a practical sense.

business activities

A broader term referring to all the actions and tasks a company undertakes in its operations.

business domain

Refers to the specific area or industry in which a business operates, focusing on the business's field of expertise.

business reach

Emphasizes how far a business extends its influence and operations geographically or market-wise.

business boundaries

Focuses on the limitations and constraints within which a business operates, either internally or externally.

business footprint

Highlights the impact and presence of a business within a particular market or industry.

range of services

Specifically emphasizes the different types of services a business provides to its customers.

business portfolio

Refers to the range of products, services, or projects that a business engages in.

area of expertise

Emphasizes the specific skills and knowledge that define a business's capabilities.

operational capacity

Highlights the ability of a business to perform its functions, often in terms of production or service delivery.

FAQs

How can I use "scope of business" in a sentence?

You can use "scope of business" to describe the range of activities a company undertakes. For instance, "The company expanded its "scope of business" to include international markets."

What is an alternative to saying "scope of business"?

Alternatives include "business domain", "extent of operations", or "range of services", depending on the specific context.

What factors influence a company's "scope of business"?

Market demand, technological advancements, regulatory changes, and internal capabilities are factors that influence a company's "scope of business".

How does defining the "scope of business" benefit a company?

Clearly defining the "scope of business" helps a company focus its resources, make strategic decisions, and communicate its core activities to stakeholders.