"to take stock"
for a business - to physically count and record all the items that the business owns;
for a person - to reflect on the state of your life, to examine the sum total of your possessions, relationships, accomplishments and goals to the present time;
for a situation - to analyze all the factors involved in the situation usually in order to make a decision regarding the situation
Related words and phrases:
Bill's Used Cars had a great year of business. Bill sold many cars and bought many more. At the end of the year Bill's accountant, Fred, informed Bill that it was that time of the year again when he must take inventory of all the cars and tools and office equipment and supplies that Bill's Used Cars owned. Fred told Bill that...
"It is time for stock taking, again, Bill."
After losing his wife and family, his house, and his job, James hit the bottle and starting drinking hard. James drank for one week straight. One day, he woke up with a certain clarity in his mind and decided that...
"He needed to take stock of his life and make some changes in his behavior."
Perhaps after reviewing his life, James will decide to go on the wagon and begin to rebuild his broken life.
After a two week vacation in Aruba, Ned and Grace return home to find that a water pipe has burst and flooded their house. There is water everywhere and pieces of furniture are floating in the water. Poor Ned is very agitated and disturbed and can not decide what to do or where to begin to improve the situation. Grace tells Ned that...
"We need to take stock of the situation."
Ned and Grace will analyze all the damage, check each room, find and study their insurance papers and then make a decision on the best course of action.
Taking stock means a great deal of counting.
Taking stock of your life can cause you to decide to change some parts of your life.
Taking stock of a situation means to examine all the factors involved.
1) I take stock of my life every so often.
2) You take stock of my life every time something bad happens.
3) He takes stock of the situation when he wants to make a good plan of action.
4) She takes stock of the situation before entering into any agreement.
5) The government takes stock after natural disasters.
6) We take stock at the store every year at inventory time.
7) You (all) take stock when the accountant informs you (all) it is necessary.
8) They take stock of their lives every New Year's Day.
9) Have I been taking stock of my life since I had a near death experience?
10) Have you been taking stock of your life since you had a car accident?
11) Has he taking stock of the situation for a couple of hours?
12) Has she been taking stock of the situation for a couple of hours?
13) Has the government been taking stock of the situation for a couple of days?
14) Have we been taking stock at the store for a couple of hours now?
15) Have you (all) been taking stock since the accountant told you (all) to?
16) Have they been taking stock of their lives since New Year's Day?
17) Had the government taken stock of the situation before the next disaster struck?
18) Had he been taking stock of the situation for a couple of hours before he had made a good plan of action?
19) The government will take stock of the situation tomorrow.
20) He will take stock of the situation next week.