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Concede  
Level
Associate
'Concede' means admitting something is true or correct, often after initially resistingtrying to prevent or denyingrefusing to admit it. Think of it as a polite way to say you lost an argument.
Context
Business
In business negotiationsofficial discussions, 'concede' could mean acknowledging the superior offer from a competitorrival. A CEO might say, 'We have to concede that our competitors have a more attractive offer, let's revise our strategy.'

Practice Professional Conversation

Listen to the given audio and respond using 'concede'.
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