Business English Vocabulary Challenge

What does the term 'dispose' mean?

• To donate unwanted goods to charity.

• To store items for future use.

• To recycle materials for reuse.

• To get rid of or throw away.

Which of the following is a synonym for 'replaceable'?

• fixed

• interchangeable

• optional

• flexible

In the context of waste management, what is a 'landfill'?

• A landfill is a type of incinerator for waste.

• A landfill is a facility for recycling materials.

• A landfill is a place where waste is converted into energy.

• A landfill is a site for the disposal of waste materials by burying them.

Which stage of the product life cycle involves the introduction of a product to the market?

• Introduction stage

• Growth stage

• Maturity stage

• Decline stage

What is the meaning of 'disposal' in a business setting?

• The action or process of throwing away or getting rid of something

• The act of hiring new employees for a company.

• The process of increasing inventory levels.

• A strategy for improving customer service.

Which of the following best describes the 'outset' of a project?

• The final stage of project evaluation.

• The phase of project execution and delivery.

• The process of gathering feedback from stakeholders.

• The initial phase of planning and defining objectives.

What is the primary focus during the growth stage of the product life cycle?

• Focusing on product design improvements.

• Maximizing production costs.

• Reducing marketing efforts.

• Increasing market share and sales volume.

Which term refers to the various stages a product goes through from development to decline?

• Product Life Cycle

• Product Development Stages

• Market Introduction Phases

• Sales Growth Cycle

What does it mean to 'chuck' something in a business context?

• To negotiate a deal with a partner.

• To invest in a new project.

• To discard or abandon something.

• To increase the value of something.

In the maturity stage of the product life cycle, what is a common strategy?

• Focusing solely on advertising and promotions.

• Eliminating product features to cut costs.

• Product differentiation and cost reduction strategies.

• Increasing prices to maximize profits.