Business English 1.2

Question 1

factory

Answer 1

a building or set of buildings with facilities for manufacturing

Question 2

feedback

Answer 2

the transmission of evaluative or corrective information about an action, event, or process to the original or controlling source

Question 3

get worse

Answer 3

of more inferior quality, value, or condition; decline

Question 4

goods

Answer 4

something that has economic utility or satisfies an economic want

Question 5

guarantee

Answer 5

a formal promise or assurance

Question 6

improvement

Answer 6

something that enhances value or quality

Question 7

industry

Answer 7

manufacturing activity as a whole; a distinct group of productive or profit-making enterprises

Question 8

inform

Answer 8

to communicate knowledge to

Question 9

install

Answer 9

to set up for use or service; to establish in an indicated place, condition, or status

Question 10

instructions

Answer 10

an outline or manual of technical procedure: directions; a direction calling for compliance : order

Question 11

interest

Answer 11

money paid regularly at a particular rate for the use of money lent

Question 12

inventory

Answer 12

an itemized list of current assets; the quantity of goods or materials on hand

Question 13

invoice

Answer 13

an itemized list of goods shipped usually specifying the price and the terms of sale : bill

Question 14

join (verb)

Answer 14

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

Question 15

knowledge

Answer 15

facts, information, and skills acquired by a person

Question 16

lend

Answer 16

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

Question 17

limit

Answer 17

a prescribed maximum or minimum amount, quantity, or number

Question 18

maintain

Answer 18

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”

Question 19

manage

Answer 19

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

Question 20

margin

Answer 20

the difference which exists between net sales and the cost of merchandise sold and from which expenses are usually met or profit derived

Question 21

market

Answer 21

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

Question 22

objective (noun)

Answer 22

something toward which effort (sometimes strategically) is directed : an aim, goal, or end of action

Question 23

obtain

Answer 23

to gain or attain usually by planned action or effort

Question 24

offer

Answer 24

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)

Question 25

opinion

Answer 25

a view, judgment, or appraisal formed in the mind about a particular matter