ET Product/ Business/ Job

Question 1

mass production

Answer 1

the process of producing large quantities of goods by using machines

Question 2

a commodity

Answer 2

something that can be bought and sold

Question 3

merchandise

Answer 3

goods that people buy and sell

Question 4

service-oriented

Answer 4

mainly concerned with meeting customers’ needs

Question 5

aspects of production

Answer 5

features of production

Question 6

the cost of labour

Answer 6

the cost of the workers in a particular company

Question 7

to be exported

Answer 7

(of a product) to be sent to another country so that it can be sold there

Question 8

to launch a product

Answer 8

to start selling a product to the public

Question 9

sales figures

Answer 9

sales numbers

Question 10

to do market research

Answer 10

to collect information about what products people like to buy

Question 11

stiff competition

Answer 11

severe competitors

Question 12

to drum up some business

Answer 12

to try to make people buy something from you

Question 13

a niche market

Answer 13

the part of an industry that sells a particular type of product or service to the small number of customers who want it

Question 14

to run a business

Answer 14

to have a business

Question 15

cost-cutting

Answer 15

actions takes to reduce the costs of a business

Question 16

to try the hard sell

Answer 16

to attempt to sell sth by being very forceful

Question 17

brand loyalty

Answer 17

confidence in the particular make and a tendency always to choose it

Question 18

to strike while the iron is hot

Answer 18

to take advantage of an opportunity before the situation changes

Question 19

up and running

Answer 19

working effectively

Question 20

a golden opportunity

Answer 20

a very good chance to achieve something

Question 21

the black market

Answer 21

an illegal trade

Question 22

to stay within the budget

Answer 22

do not exceed money available to spend

Question 23

to mount a challenge

Answer 23

to prepare for a challenge

Question 24

a shareholder

Answer 24

sb who own shares in a company

Question 25

a dividend

Answer 25

a share of the profits of a company, paid once or twice a year to the people who own the company’s shares

Question 26

to clinch the deal

Answer 26

to manage to win a deal

Question 27

mergers and acquisitions

Answer 27

the department in a company that is responsible for taking over other businesses

Question 28

to go under

Answer 28

to fail completely and stop operating

Question 29

an investor

Answer 29

a person that invests money

Question 30

to underpin sth

Answer 30

to be an important basic part of something, allowing it to succeed

Question 31

a budget

Answer 31

the amount of money an organization has to spend on something

Question 32

a surplus

Answer 32

more of something than necessary

Question 33

an emergency fund for contingencies

Answer 33

a certain amount of money kept for something bad that might happen in the future

Question 34

a shortfall

Answer 34

the amount of money a business lacks

Question 35

a deficit

Answer 35

the difference between the amount of money or goods that a business has and the amount that it has spent

Question 36

to economize

Answer 36

to save money

Question 37

to make cutbacks

Answer 37

to save money

Question 38

thriving

Answer 38

very successful

Question 39

to realize your personal value

Answer 39

to understand how much you are worth

Question 40

to devote yourself to sth

Answer 40

to spend a lot of time doing sth

Question 41

a nine-to-five job

Answer 41

a typical office job, very predictable

Question 42

to break one’s life routine

Answer 42

to change one’s regular schedule

Question 43

a flexible schedule

Answer 43

an open timetable

Question 44

to punch the clock

Answer 44

to punch in and out (at work)

Question 45

job security

Answer 45

a feeling of being able to keep one stable job for long enough

Question 46

to be unemployed

Answer 46

to be without a job

Question 47

job satisfaction

Answer 47

the feeling that you have when you enjoy your job

Question 48

a sense of fulfilment

Answer 48

a feeling of satisfaction due to one’s work

Question 49

frustration

Answer 49

an annoyed feeling that you get when you are prevented from doing what you want

Question 50

an excessive workload

Answer 50

workload heavier than reasonable

Question 51

a cushy number

Answer 51

a very easy and pleasant job not involving a lot of work

Question 52

job prospects

Answer 52

chances of success at work

Question 53

an incentive

Answer 53

sth that makes you want to do sth or to work harder

Question 54

stable

Answer 54

(of a job) not changed frequently

Question 55

a white-collar job (n.)

Answer 55

a job that requires workers to work in offices rather than to do physical work

Question 56

a foreign enterprise

Answer 56

a large business company from abroad

Question 57

a tempting bonus

Answer 57

a significant amount of money given in addition to your normal salary

Question 58

welfare benefits

Answer 58

care provided by a company for people

Question 59

a long-term commitment

Answer 59

a promise to do a particular job for a long time

Question 60

a job hopper

Answer 60

sb who changes companies too often

Question 61

to take sb on

Answer 61

to employ sb

Question 62

a line of work

Answer 62

an area of work

Question 63

a vocation

Answer 63

a job that you do because you feel it is your purpose in life and for which you have special skills

Question 64

to freelance

Answer 64

to sell your work or services to many different companies

Question 65

a chief executive

Answer 65

the most senior person working in a company who is responsible for running it

Question 66

a foreman

Answer 66

a man who is in charge of a team of workers

Question 67

to be in charge of

Answer 67

to be in control of sth

Question 68

to clock in/out

Answer 68

to punch in/out

Question 69

to improve one’s qualifications

Answer 69

to better one’s skills

Question 70

prospects for promotion

Answer 70

chances to get promoted

Question 71

to prove one’s ability

Answer 71

to show what one is made of

Question 72

to work one’s way up to…

Answer 72

to gradually work towards promotion

Question 73

lucrative

Answer 73

bringing a lot of money

Question 74

to get your foot in the door

Answer 74

to have a first introduction to a job

Question 75

a dead-end job

Answer 75

a job with no prospects