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Worksheets

Vocab sec2

Total questions: 70

Worksheet time: 23mins

Name
Class
Date
1.

The internet has led to a(n) _____ in current consumers’ shopping habits.

a)

transformation

b)

disorder

c)

alignment

d)

modification

2.

The transfer of ownership, property or business, __________ is termed privatization.

a)

from the private sector to the government

b)

from the government to the private sector

c)

from the government to the government

d)

from the private sector to the public sector

3.

The price factor has caused Amazon to lose some of its _____ as it doesn't provide the majority of its services for free.

a)

adverse publicity

b)

market power

c)

economic security

d)

rival company

4.

If they want to increase _____ from the factory, they'll have to modernize their machinery and equipment in the production line.

a)

income

b)

output

c)

input

d)

outcome

5.

A(n) _____ is known as pure monopoly as they have no competitors in the industry.

a)

essential industry

b)

infant industry

c)

one-firm industry

d)

primary industry

6.

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.

a)

social/ socio-cultural category

b)

technological category

c)

economic category

d)

political category

7.

Senior management enjoys certain _____, such as company cars and health insurance.

a)

privileges

b)

priorities

c)

preferences

d)

privities

8.

The company _____ him for his years of service with a grand farewell party and several presents.

a)

rewarded

b)

supplied

c)

presented

d)

offered

9.

If pricing is how much you charge for your products, then price _____ is how you determine what that amount should be.

a)

plan

b)

strategy

c)

tag

d)

list

10.

Each industry has its own specific set of _____ that startups must deal with.

a)

barriers to trade

b)

exit barriers

c)

barrier reefs

d)

entry barriers

11.

Revealing confidential information to a(n) _____ could land you in serious trouble with your boss.

a)

rival

b)

affiliate

c)

subsidiary

d)

contestant

12.

The pre-Christmas sales tax _____ wasn't enough to persuade consumers to start spending again.

a)

break

b)

exempt

c)

haven

d)

holiday

13.

Some products require a large _____ in technology which will deter potential entrants.

a)

fixed investment

b)

property investment

c)

gross investment

d)

upfront investment

14.

His most recent business _____ ended in bankruptcy so, as an investor, he has fallen into serious difficulty.

a)

entrepreneur

b)

venture

c)

speculator

d)

promoter

15.

In this competitive environment, we know it will be a very hard game, but whether we play well or not, we have to win _____.

a)

in any event

b)

at all costs

c)

against all risks

d)

all the time

16.

Saint-Gobain started honing its strategy to stay on the move and thereby _____ foreign competition.

a)

let in

b)

show over

c)

pull back

d)

fend off

17.

Sales of the product in this market have been seriously hurt by the _____.

a)

adverse opinion

b)

adverse publicity

c)

advisability

d)

adversity

18.

A rapidly _____ makes pensions a particular worry in some Asian countries, especially in Japan.

a)

ageing population

b)

middle age

c)

grown-up

d)

adolescence

19.

By 1989, the _____ for full-time male workers had increased to 44.1 hours.

a)

working hours

b)

average earnings index

c)

reduced time

d)

average working week

20.

In most Asian countries, _____ are increasing significantly, especially among urban families.

a)

average household incomes

b)

median incomes

c)

per capita incomes

d)

family incomes

21.

The recent rise in _____ makes it hard for small business owners to borrow the money they need.

a)

nominal lending rates

b)

negative interest rates

c)

bank interest rates

d)

prime lending rates

22.

If you ask me why I have been working for the company for a long time, then I cannot give you a _____.

a)

white lie

b)

red tape

c)

gray area

d)

black and white answer

23.

Commercial broadband Internet commonly has 256 kilobit per second, which is about the slowest _____ for connections advertised worldwide.

a)

broadband speed

b)

broadcaster

c)

ground speed

d)

broad base

24.

Scientists are warning that unless _____ is/ are cut, we could be heading for an environmental catastrophe.

a)

acid rain

b)

carbon emissions

c)

dumping

d)

isolations  

25.

Before buying the baby's car seat, consumers always make sure that it _____ to the official safety standards.

a)

conquers

b)

conforms

c)

confers

d)

confides  

26.

The price of many big-ticket _____, such as automobiles or refrigerators, remained stable last quarter.

a)

consumer demand

b)

consumer goods

c)

consumer non-durables

d)

consumer durables    

27.

Consumers in this area are trying to cut down on _____, which is difficult because they adore cheese.

a)

dairy products

b)

carbohydrate

c)

fibre

d)

starch

28.

She faces long hours and extreme pressure in her position as the top _____ in the company.

a)

decision-maker

b)

decision-making unit

c)

decision support

d)

decision strategy

29.

Some ratios use _____ which measures resources produced entirely within the local circular flow.

a)

national product

b)

domestic product

c)

gross domestic product

d)

household product

30.

__________ will affect the supply and demand of goods and services within an economy.

a)

Changes in the structure of the population

b)

Stability in the structure of the population

c)

Changes in the structure of board of directors

d)

Changes in the structure of employees

31.

Generally, economic _____ such as unemployment rates, trade and capital flows, seem to be the main determinants of labour mobility.

a)

securities

b)

factors

c)

sanctions

d)

indicators

32.

The research has shown that savings provide individuals with economic _____ and capital for growth.

a)

feasibility

b)

cost

c)

factors

d)

security

33.

Factors include global warming and climate change, increased pollution levels, deforestation, etc. are called "_____ factors".

a)

health and safety

b)

socio-cultural

c)

environmental

d)

economic

34.

These _____, including political, technological, economic, and sociocultural dimensions, are apparent in many segments of the organization’s macro environment.

a)

environmental factors

b)

internal factors

c)

social forces

d)

external forces

35.

Finally, the company has agreed to _____ my business trip to Australia.

a)

fund

b)

support

c)

capitalise

d)

provide

36.

As yet there is no scientific proof that _____ are harmful to humans.

a)

genetic modified foods

b)

genetic modifying foods

c)

gene modification foods

d)

genetically modified foods

37.

It has been proven that fossil fuels, such as coal and gas, produce greenhouse gases and contribute to the _____.

a)

global warming

b)

explosion

c)

climate change

d)

forest fire

38.

According to the recent regulations, products brought into this country are often subject to _____, or customs duties.

a)

quotations

b)

quotas

c)

entry barriers

d)

import taxes

39.

Not having a defined mission and vision is one of the _____ to business growth.

a)

motivators

b)

inhibitors  

c)

nourishments

d)

constraints

40.

We're planning to _____ the sales department with the marketing department.

a)

integrate

b)

affiliate

c)

associate

d)

separate

41.

Leading politicians are calling for an international _____ regarding taxes on financial speculation.

a)

acquisition

b)

agreement

c)

affair

d)

arbitration

42.

The _____ is a formal agreement between two or more regional countries that remove trade barriers between the countries in the agreement.

a)

Trade organization

b)

United Nations

c)

International affair

d)

International trading bloc

43.

Rapidly increasing competition for environmental factors is leading to rising prices, and in some cases to wars and large-scale _____.

a)

social unrest

b)

land acquisition

c)

civilization conflict

d)

amnesty program

44.

According to the board final decision, we’re planning to _____ a new Internet services company next month.

a)

plague

b)

handle

c)

project

d)

launch

45.

The result of this new approach is a shorter _____ and lower costs for the order placed from next month.

a)

duration

b)

advent

c)

interval

d)

lead time

46.

The wider _____ consists of Socio-cultural, Technological, Economic, Environmental and Political factors.

a)

macro environment

b)

macroeconomics

c)

macro evolution

d)

macromarketing

47.

As the name suggests, _____ relates to the study and manufacture of very small electronic designs and components.

a)

nanoelectronics

b)

macroelectronics

c)

micro-electronic industry

d)

microscale chemistry

48.

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.

a)

challenge

b)

compassion

c)

introduction

d)

dimension

49.

He is accused of making serious _____ and arriving at key decisions without adequate consultation.

a)

mislabels

b)

misinterpretations

c)

misleadings

d)

misjudgements

50.

It will be next to impossible to _______ a room at the Ashton Hotel this week because of the film festival.

a)

connect

b)

respond

c)

appoint

d)

reserve

51.

The new software is incompatible with the _____ the company is using.

a)

operating system

b)

trojan horse

c)

virtual assistant

d)

abandonware

52.

In order to attract the potential retailers, he has been required to write a(n) _____ about the product quality and reliability.

a)

blag

b)

pitch

c)

tender

d)

offer

53.

The _____ of society into rich and poor can clearly be seen in urban areas.

a)

cooperation

b)

division

c)

rotation

d)

polarisation

54.

The _____ reforms have led to major structural changes in the economy.

a)

psychological

b)

social

c)

political

d)

environmental

55.

More than half of the world's working _____ has no formal employment or social security arrangements.

a)

portion

b)

percentage

c)

proportion

d)

population

56.

The company has failed to achieve last year's sales _____ by 30 percent.

a)

projections

b)

assessments

c)

evaluations

d)

prophecies  

57.

It's difficult to be unemployed and face _____ again and again.

a)

rejection

b)

alienation

c)

approval

d)

downturn

58.

There has been strong _____ to the proposed tax increases.

a)

insistence

b)

resilience

c)

resistance

d)

perseverence

59.

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.

a)

choice

b)

closed

c)

specific

d)

rhetorical

60.

Many nations have imposed _____ on the country because of its attacks on its own people.

a)

sanctions

b)

treaties

c)

policies

d)

conventions

61.

Many illnesses in these temporary refugee camps are the result of inadequate _____ system.

a)

imputation

b)

sanitation

c)

hygiene

d)

irrigation

62.

Priority for assistance will be given to _____, disabled and single parent families.

a)

millionaires

b)

residents

c)

senior citizens

d)

middle citizens

63.

Due to the recent immigration, there is a severe _____ of low-cost housing in the city.

a)

lacking

b)

abundance

c)

adequacy

d)

shortage

64.

In terms of _______, all our employees, customers, suppliers, retailers, authorities and competitors should be considered.

a)

creditors

b)

debtors

c)

bondholders

d)

stakeholders

65.

Launching is the _____ phase of business growth for every business, whether it is big or small.

a)

maturity

b)

starting

c)

shake-out

d)

decline

66.

A _____ analysis is used to identify the external forces affecting how individual companies compete within their industry sector.

a)

PETER

b)

AIDA

c)

STEEP

d)

SWOT

67.

During the time of competition, oil prices should be set by _____, and not artificially regulated.

a)

supply and demand

b)

supply network

c)

supply line

d)

supply and necessity

68.

This paper compares tax _____ concerning different ways of export trade, especially general export trade and processing export trade.

a)

authorities

b)

brackets

c)

policies

d)

frameworks

69.

It's very short-sighted of the government not to ____ in technological research.

a)

comply

b)

explore

c)

invest

d)

finance

70.

_____ in computing and telecommunications will reduce the need for many people to travel to their workplace.

a)

Conventional technologies

b)

Tech stagnation

c)

Technological advances

d)

Lack of innovation