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WorksheetsVocab sec2
Total questions: 70
Worksheet time: 23mins
The internet has led to a(n) _____ in current consumers’ shopping habits.
transformation
disorder
alignment
modification
The transfer of ownership, property or business, __________ is termed privatization.
from the private sector to the government
from the government to the private sector
from the government to the government
from the private sector to the public sector
The price factor has caused Amazon to lose some of its _____ as it doesn't provide the majority of its services for free.
adverse publicity
market power
economic security
rival company
If they want to increase _____ from the factory, they'll have to modernize their machinery and equipment in the production line.
income
output
input
outcome
A(n) _____ is known as pure monopoly as they have no competitors in the industry.
essential industry
infant industry
one-firm industry
primary industry
The __________ includes the cultural background of customers, percentage of the population in different income categories, value systems for the different social classes, birth and death rates.
social/ socio-cultural category
technological category
economic category
political category
Senior management enjoys certain _____, such as company cars and health insurance.
privileges
priorities
preferences
privities
The company _____ him for his years of service with a grand farewell party and several presents.
rewarded
supplied
presented
offered
If pricing is how much you charge for your products, then price _____ is how you determine what that amount should be.
plan
strategy
tag
list
Each industry has its own specific set of _____ that startups must deal with.
barriers to trade
exit barriers
barrier reefs
entry barriers
Revealing confidential information to a(n) _____ could land you in serious trouble with your boss.
rival
affiliate
subsidiary
contestant
The pre-Christmas sales tax _____ wasn't enough to persuade consumers to start spending again.
break
exempt
haven
holiday
Some products require a large _____ in technology which will deter potential entrants.
fixed investment
property investment
gross investment
upfront investment
His most recent business _____ ended in bankruptcy so, as an investor, he has fallen into serious difficulty.
entrepreneur
venture
speculator
promoter
In this competitive environment, we know it will be a very hard game, but whether we play well or not, we have to win _____.
in any event
at all costs
against all risks
all the time
Saint-Gobain started honing its strategy to stay on the move and thereby _____ foreign competition.
let in
show over
pull back
fend off
Sales of the product in this market have been seriously hurt by the _____.
adverse opinion
adverse publicity
advisability
adversity
A rapidly _____ makes pensions a particular worry in some Asian countries, especially in Japan.
ageing population
middle age
grown-up
adolescence
By 1989, the _____ for full-time male workers had increased to 44.1 hours.
working hours
average earnings index
reduced time
average working week
In most Asian countries, _____ are increasing significantly, especially among urban families.
average household incomes
median incomes
per capita incomes
family incomes
The recent rise in _____ makes it hard for small business owners to borrow the money they need.
nominal lending rates
negative interest rates
bank interest rates
prime lending rates
If you ask me why I have been working for the company for a long time, then I cannot give you a _____.
white lie
red tape
gray area
black and white answer
Commercial broadband Internet commonly has 256 kilobit per second, which is about the slowest _____ for connections advertised worldwide.
broadband speed
broadcaster
ground speed
broad base
Scientists are warning that unless _____ is/ are cut, we could be heading for an environmental catastrophe.
acid rain
carbon emissions
dumping
isolations
Before buying the baby's car seat, consumers always make sure that it _____ to the official safety standards.
conquers
conforms
confers
confides
The price of many big-ticket _____, such as automobiles or refrigerators, remained stable last quarter.
consumer demand
consumer goods
consumer non-durables
consumer durables
Consumers in this area are trying to cut down on _____, which is difficult because they adore cheese.
dairy products
carbohydrate
fibre
starch
She faces long hours and extreme pressure in her position as the top _____ in the company.
decision-maker
decision-making unit
decision support
decision strategy
Some ratios use _____ which measures resources produced entirely within the local circular flow.
national product
domestic product
gross domestic product
household product
__________ will affect the supply and demand of goods and services within an economy.
Changes in the structure of the population
Stability in the structure of the population
Changes in the structure of board of directors
Changes in the structure of employees
Generally, economic _____ such as unemployment rates, trade and capital flows, seem to be the main determinants of labour mobility.
securities
factors
sanctions
indicators
The research has shown that savings provide individuals with economic _____ and capital for growth.
feasibility
cost
factors
security
Factors include global warming and climate change, increased pollution levels, deforestation, etc. are called "_____ factors".
health and safety
socio-cultural
environmental
economic
These _____, including political, technological, economic, and sociocultural dimensions, are apparent in many segments of the organization’s macro environment.
environmental factors
internal factors
social forces
external forces
Finally, the company has agreed to _____ my business trip to Australia.
fund
support
capitalise
provide
As yet there is no scientific proof that _____ are harmful to humans.
genetic modified foods
genetic modifying foods
gene modification foods
genetically modified foods
It has been proven that fossil fuels, such as coal and gas, produce greenhouse gases and contribute to the _____.
global warming
explosion
climate change
forest fire
According to the recent regulations, products brought into this country are often subject to _____, or customs duties.
quotations
quotas
entry barriers
import taxes
Not having a defined mission and vision is one of the _____ to business growth.
motivators
inhibitors
nourishments
constraints
We're planning to _____ the sales department with the marketing department.
integrate
affiliate
associate
separate
Leading politicians are calling for an international _____ regarding taxes on financial speculation.
acquisition
agreement
affair
arbitration
The _____ is a formal agreement between two or more regional countries that remove trade barriers between the countries in the agreement.
Trade organization
United Nations
International affair
International trading bloc
Rapidly increasing competition for environmental factors is leading to rising prices, and in some cases to wars and large-scale _____.
social unrest
land acquisition
civilization conflict
amnesty program
According to the board final decision, we’re planning to _____ a new Internet services company next month.
plague
handle
project
launch
The result of this new approach is a shorter _____ and lower costs for the order placed from next month.
duration
advent
interval
lead time
The wider _____ consists of Socio-cultural, Technological, Economic, Environmental and Political factors.
macro environment
macroeconomics
macro evolution
macromarketing
As the name suggests, _____ relates to the study and manufacture of very small electronic designs and components.
nanoelectronics
macroelectronics
micro-electronic industry
microscale chemistry
The _____ of climbing to the top of the corporate ladder is best defined in the new book published by Scott Thompson, one of the most successful businesses in history.
challenge
compassion
introduction
dimension
He is accused of making serious _____ and arriving at key decisions without adequate consultation.
mislabels
misinterpretations
misleadings
misjudgements
It will be next to impossible to _______ a room at the Ashton Hotel this week because of the film festival.
connect
respond
appoint
reserve
The new software is incompatible with the _____ the company is using.
operating system
trojan horse
virtual assistant
abandonware
In order to attract the potential retailers, he has been required to write a(n) _____ about the product quality and reliability.
blag
pitch
tender
offer
The _____ of society into rich and poor can clearly be seen in urban areas.
cooperation
division
rotation
polarisation
The _____ reforms have led to major structural changes in the economy.
psychological
social
political
environmental
More than half of the world's working _____ has no formal employment or social security arrangements.
portion
percentage
proportion
population
The company has failed to achieve last year's sales _____ by 30 percent.
projections
assessments
evaluations
prophecies
It's difficult to be unemployed and face _____ again and again.
rejection
alienation
approval
downturn
There has been strong _____ to the proposed tax increases.
insistence
resilience
resistance
perseverence
I'm sorry, I did not reply to one of the questions in the questionnaire because I thought it was a _____ question which required no answer.
choice
closed
specific
rhetorical
Many nations have imposed _____ on the country because of its attacks on its own people.
sanctions
treaties
policies
conventions
Many illnesses in these temporary refugee camps are the result of inadequate _____ system.
imputation
sanitation
hygiene
irrigation
Priority for assistance will be given to _____, disabled and single parent families.
millionaires
residents
senior citizens
middle citizens
Due to the recent immigration, there is a severe _____ of low-cost housing in the city.
lacking
abundance
adequacy
shortage
In terms of _______, all our employees, customers, suppliers, retailers, authorities and competitors should be considered.
creditors
debtors
bondholders
stakeholders
Launching is the _____ phase of business growth for every business, whether it is big or small.
maturity
starting
shake-out
decline
A _____ analysis is used to identify the external forces affecting how individual companies compete within their industry sector.
PETER
AIDA
STEEP
SWOT
During the time of competition, oil prices should be set by _____, and not artificially regulated.
supply and demand
supply network
supply line
supply and necessity
This paper compares tax _____ concerning different ways of export trade, especially general export trade and processing export trade.
authorities
brackets
policies
frameworks
It's very short-sighted of the government not to ____ in technological research.
comply
explore
invest
finance
_____ in computing and telecommunications will reduce the need for many people to travel to their workplace.
Conventional technologies
Tech stagnation
Technological advances
Lack of innovation
