Business English 1.2 Flashcards
factory
a building or set of buildings with facilities for manufacturing
feedback
the transmission of evaluative or corrective information about an action, event, or process to the original or controlling source
get worse
of more inferior quality, value, or condition; decline
goods
something that has economic utility or satisfies an economic want
guarantee
a formal promise or assurance
improvement
something that enhances value or quality
industry
manufacturing activity as a whole; a distinct group of productive or profit-making enterprises
inform
to communicate knowledge to
install
to set up for use or service; to establish in an indicated place, condition, or status
instructions
an outline or manual of technical procedure: directions; a direction calling for compliance : order
interest
money paid regularly at a particular rate for the use of money lent
inventory
an itemized list of current assets; the quantity of goods or materials on hand
invoice
an itemized list of goods shipped usually specifying the price and the terms of sale : bill
join (verb)
to put or bring together so as to form a unit; to put or bring into close association or relationship; to enter into or engage in
knowledge
facts, information, and skills acquired by a person
lend
to give for temporary use on condition that the same or its equivalent be returned; to let out (money) for temporary use on condition of repayment with interest
limit
a prescribed maximum or minimum amount, quantity, or number
maintain
to keep in an existing state (as of repair, efficiency, or validity) : preserve from failure or decline; to affirm in or as if in argument “she maintained that the earth is flat”
manage
to handle or direct with a degree of skill; to exercise executive, administrative, and supervisory direction of; to direct the professional career of; to succeed in accomplishing; to work upon or try to alter for a purpose
margin
the difference which exists between net sales and the cost of merchandise sold and from which expenses are usually met or profit derived
market
the area of economic activity in which buyers and sellers come together and the forces of supply and demand affect prices; the rate or price offered for a commodity or security
objective (noun)
something toward which effort (sometimes strategically) is directed : an aim, goal, or end of action
obtain
to gain or attain usually by planned action or effort
offer
a price named by one proposing to buy; a presenting of something for acceptance; an undertaking to do an act or give something on condition that the party to whom the proposal is made do some specified act or make a return promise (quid pro quo)
