5.2 Flashcards
(39 cards)
broad-based
wide-ranging; general
level
a position on a scale of amount, quantity, extent, or quality
dealership
an establishment authorized to buy and sell specific goods, especially motor vehicles
from scratch
from the very beginning, without using anything that already exists
fully-fledged
completely developed or established; of full status
intern
a student or trainee who works, sometimes without pay, in order to gain work experience
independent outlet
a retail outlet owned individually; not a chain store or branch store
profitable
yielding profit or financial gain
innovative
featuring new methods; advanced and original
scarce
insufficient for the demand
labour-scarce
having a shortage of workers in a specific labor market
rehiring programme
a program to hire someone back into the same company
skilled (at/in sth)
having the knowledge or training to do a task well
oversee
supervise a person or their work
job transfer
the movement of an employee from one position to another within the same organization
accreditation
the process of officially recognizing someone as qualified to perform a particular activity
shortage
a situation in which something cannot be obtained in sufficient amounts
(have) sth in mind
to intend or plan to do something
-based
used as a suffix meaning “located in” or “from” a particular place
equity stake
the amount of ownership a person or organization has in a company, often expressed as a percentage
employer
a person or organization that hires employees
employee
a person who works for wages or a salary
compete (with/against sb) (for sth)
strive to gain or win something by defeating others
cover
extend over an area
