English File Unit 9A - Business Vocabulary | Baamboozle - Baamboozle

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A number of shops owned by one person or company.

A Chain

Someone who pays for a service.

Client.

If you succeed in making money you make a __________ .

Profit

To release a new product onto the market.

Launch

When two companies join to become one.

Merge

A company that works in many countries.

Multinational

Someone who buys a product.

Customer

To send products out of a country.

Export.

During a _______ the economy decreases and people lose money.

Recesion

If you loose your job, but it is not your fault you are _______________?

Made redundant.

To make a product. (not produce)

Manufacture

If you make less money than you spend you make a ________ .

Loss

We need to ________ the number of shops that sell our products (find more)

Increase

To give the money paid back to someone because a product or service is faulty.

Refund

During a __________ the economy does well and people make money.

Boom

A single shop or business that is just part of a large dispersed company.

A branch

We need to ___________ the quality of our product. (how good it is)

Improve

Someone who works for a company.

Employee

A legal agreement between to parties for business activities.

Contract

A group term for the people who work for a company.

Staff

The company, or product, that has the most sales or business.

Market leader

To bring products into a country.

Import

The person to whom the company belongs.

Owner

To try and find new information.

Research

Companies always seek to improve their _________ of the market.

Share

The person who runs the company or a part of it.

Manager