LS Vocabulary Review 12- Business

John decided to _______ last year despite knowing it was a risk.

• go into business

• go public

• cease trading

• conduct market research

Many small businesses were _______ during the economic recession.

• booming

• thriving

• going under

• expanding

To ensure success, it's important to _______ on customer service.

• set a high value

• make a loss

• balance the budget

• cut-throat competition

The new product was _______ last month and has already gained popularity.

• taken over

• launched

• floated

• ceased

When a company _______ it means it has run out of money and cannot continue operating.

• thrives

• breaks even

• goes bankrupt

• takes over

They _______ a new line of eco-friendly products to meet consumer demand.

• sold shares

• took on staff

• set up

• came up with

They had to _______ as the company wasn't making enough profit.

• take on staff

• cease trading

• go public

• launch a new product

She decided to _______ with her best friend to open a café.

• go into partnership

• take over

• break even

• make a loss

The _______ allowed them to keep the business running during tough times.

• poor control over suppliers

• secret of their success

• loan guarantees

• low value on customer service

Despite _______ during the launch, the product slowly but surely spread in the market.

• early setbacks

• striking a deal

• stiff competition

• high sales