deficiency

Vocabulary Word

Definition

'Deficiency' is when you're lacking something that you need. It's like a puzzle with missing pieces, making it impossible to complete.

Examples in Different Contexts

In a financial audit, 'deficiency' refers to shortcomings in internal controls. A finance director might state, 'Our report highlighted several areas of deficiency that require corrective actions.'

Practice Scenarios

Business

Scenario:

Our marketing team seems to be struggling to execute the campaign effectively. Let's consider what might be causing this.

Response:

You're right, we need to address this marketing deficiency and hire skilled professionals.

Tech

Scenario:

Our network security has had some alarming breaches recently. We must identify the weak spots and reinforce them.

Response:

I agree, we must address the deficiency in our cybersecurity system with a full overhaul if required.