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BE B1 Class 39-40. How to survive a crisis

  •  English    15     Public
    Business vocabulary
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  • The team decided to face the problem ____________ (directly) instead of waiting for it to go away.
    head-on
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  • It is important for the company to be tr_____________ about its financial situation during the crisis.
    transparent
  •  15
  • We need to _____________ (evaluate) the potential risks before launching the new product.
    assess
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  • Due to the economic downturn, the firm had no choice but to _________ some employees.
    turn down
    lay off
    pay off
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  • We need to ____________ (find the answer / understand) a strategy to respond quickly to unexpected challenges.
    work out
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  • Having a b______ p____ can help the business stay afloat during difficult times.
    backup plan
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  • The manager organised a meeting to ____________ of falling sales.
    eliminate the issue
    address the issue
    assess the issue
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  • Poor customer service can d_________ r_____________ and lead to loss of clients.
    damage reputation
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  • If we do not find a solution soon, the company may _____________.
    go bankrupt
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  • Cutting corners on safety measures could put _________ the lives of our workers. (danger)
    at risk
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  • We should take steps to ____________ the impact of the current financial crisis.
    optimise
    minimise
    realize
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  • It is wise for businesses to ________ against losses from natural disasters.
    assure
    ensure
    insure
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  • Our goal is to _________ any waste in the production process to save costs. (remove)
    eliminate
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  • We must __________ now to eliminate a possibility of facing legal issues later.
    measure
    step
    take action
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  • It is essential to insure against a damage that could ________ during transportation.
    taking place
    occur
    happens
  •  15