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IELTS Business Vocab

  •  English    33     Public
    IELTS Business Vocab
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  • Market ____________ is the activity of collecting and studying information about what people want, need, and buy.
    RESEARCH
  •  10
  • _________ ___________ refers to all stages involved in bringing a product from concept or idea through market release and beyond.
    PRODUCT DEVELOPMENT
  •  15
  • LAUNCH or TRIGGER a new product?
    LAUNCH
  •  15
  • What does "business opportunity" mean?
    is a packaged business investment that allows the buyer to begin a business
  •  15
  • Do we HAVE or MAKE a profit?
    MAKE
  •  10
  • WHAT IS A TARGET MARKET?
    a particular group of consumers at which a product or service is aimed.
  •  15
  • Is it customer SATISFACTION or HAPPINESS?
    SATISFACTION
  •  10
  • What is time management?
    the ability to use one's time effectively or productively, especially at work.
  •  15
  • _ _ _ _ _ _ _ _ _ _ _ _ the information or numbers indicating how many products have been sold.
    SALES FIGURES
  •  15
  • Do we SHUT or CLOSE a deal in business?
    CLOSE
  •  10
  • What does it mean to APPLY FOR A LOAN?
    an application to borrow money from the bank, school, work etc
  •  10
  • When an organisation is unable to honour its financial obligations or make payment to its creditors, it files for
    bankruptcy
  •  15
  • the finances or financial situation of an organization or individual is called
    FINANCIAL
  •  15
  • WHAT IS A RECESSION?
    a period when the economy of a country is not successful and conditions for business are bad
  •  20
  • What is a LOAN?
    an amount of money that is borrowed, often from a bank, and has to be paid back, usually together with an extra amount of money that you have to pay as a charge
  •  15
  • WHAT IS A MORTGAGE?
    an agreement that allows you to borrow money from a bank or similar organization, especially in order to buy a house, or the amount of money itself:
  •  20