volume

Vocabulary Word

Definition

'Volume' usually talks about the amount of space an object occupies or fills. In business or sales, it can also mean the total number of something, like sales or shares.

Examples in Different Contexts

In sales analytics, 'volume' metrics measure product demand. A sales manager might assert, 'The sales volume of our latest product exceeded projections by 30%, indicating strong market acceptance.'

Practice Scenarios

Science

Scenario:

This substance shows unusual behaviour under changed conditions. Let’s run some more tests for a deeper understanding.

Response:

Should we consider reducing the volume of the substance to see if that affects its properties?

Business

Scenario:

The sales department's performance this month has improved significantly. We should continue seeking strategies to maximize this growth.

Response:

Could improving customer service be a factor contributing to the increased sales volume.