Unit 1 GLobalization - Reading 2

1. 1. ____________ (n) Investment made by a company or individual in one country in business interests in another country.

• a. FDI (Foreign Direct Investment)

• b. GDP (Gross Domestic Product)

• c. NGO (Non-governmental Organization)

• d. ROI (Return On Investment)

2. 2. __________ (n) The using of goods and services in an economy

• a. usage

• b. consumption

• c. spending

• d. investment

3. 3. _________ (adj) Leading the way or exploring new territories in a particular field or industry.

• a. topping

• b. pioneering

• c. discovering

• d. guiding

4. 4. (a)   (v) to become larger or greater

5. 5. ________ (n) The process of converting information or data into a digital format for easier storage, access, and manipulation.

• a. Modernization

• b. Conversion

• c. Transformation

• d. Digitalization

6. 6. _________ (n) Something that is suitable to your purposes or causes no difficulty

• a. Acceptance

• b. Convenience

• c. Comfort

• d. Enhancement

7. 7. ___________ (n) The practice of evaluating an organization's performance by comparing it to industry standards or best practices.

• a. Ranking

• b. Viewing

• c. Benchmarking

• d. Testing

8. 8. __________ (v) to make certain that something is done or happens

• a. ensure

• b. force

• c. command

• d. give

9. 9. _______ (v) to test or to try a new way of doing something

• a. launch

• b. analyze

• c. demonstrate

• d. experiment

10. 10. _______ (n) The efficiency with which assets or investments can be quickly converted into cash without a significant loss in value.

• a. finance

• b. liquidity

• c. deposit