For 12CS1 - Vocab - The world of work

Due to ____________, several brands have shifted their focus from selling new products to providing better after-sales services.

Many fresh graduates start with ____________ to gain experience before applying for higher positions.

Despite of the company’s high profit margin, many employees feel insecure about their jobs.

After years of declining sales, Bitis implemented a ____________, focusing on innovative marketing and modern product designs, which helped the brand regain popularity among young customers.

Profit = ___________ – Costs

Although the company’s sales increased, its __________ remained low due to high production costs.

The company announced a major __________ plan, which included cutting several management positions to become more efficient.

A franchise of bubble tea shops, together with its suppliers, have agreed to expand in Hanoi.

McDonald’s is one of the world’s largest __________ businesses — each restaurant is owned and operated by local entrepreneurs under the same brand.

The rise of the ____________ has changed the way people view full-time employment, with many choosing short-term or freelance work instead.

During the pandemic, a major _____ shift caused changes in national unemployment rates and inflation, while a _____ shift happened within small businesses that had to change prices and cut staff to survive.

Elon Musk’s company introduced a __________ robot that can perform human-like movements and even communicate naturally.

In Vietnam, the salary of a software engineer is more higher than a teacher, but less than the salary of a doctor in private hospitals.

Companies which has expanded rapidly over the past decade, and who now face market saturation, struggles to maintain their profit margins.

Find and correct the mistake: In Vietnam, the salary of a software engineer are higher than a teacher, but less than the salary of a doctor in private hospitals.

The rise of AI and robotics have changed the way people work.

Find and correct the mistake: Although working in a startup can be riskier, it is often more rewarding than a conventional job.

Neither the employees nor the CEO were ready for such rapid changes in the company.

Find and correct the mistake: Automation is less expensive than hiring human workers, but it is more faster to implement in small factories.

Thousands of workers lost their jobs during the recent __________ in the tech industry, raising concerns about job security.