ET Product/ Business/ Job Flashcards

1
Q

mass production

A

the process of producing large quantities of goods by using machines

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2
Q

a commodity

A

something that can be bought and sold

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3
Q

merchandise

A

goods that people buy and sell

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4
Q

service-oriented

A

mainly concerned with meeting customers’ needs

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5
Q

aspects of production

A

features of production

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6
Q

the cost of labour

A

the cost of the workers in a particular company

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7
Q

to be exported

A

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

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8
Q

to launch a product

A

to start selling a product to the public

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9
Q

sales figures

A

sales numbers

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10
Q

to do market research

A

to collect information about what products people like to buy

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11
Q

stiff competition

A

severe competitors

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12
Q

to drum up some business

A

to try to make people buy something from you

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13
Q

a niche market

A

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

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14
Q

to run a business

A

to have a business

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15
Q

cost-cutting

A

actions takes to reduce the costs of a business

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16
Q

to try the hard sell

A

to attempt to sell sth by being very forceful

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17
Q

brand loyalty

A

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

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18
Q

to strike while the iron is hot

A

to take advantage of an opportunity before the situation changes

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19
Q

up and running

A

working effectively

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20
Q

a golden opportunity

A

a very good chance to achieve something

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21
Q

the black market

A

an illegal trade

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22
Q

to stay within the budget

A

do not exceed money available to spend

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23
Q

to mount a challenge

A

to prepare for a challenge

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24
Q

a shareholder

A

sb who own shares in a company

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25
Q

a dividend

A

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

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26
Q

to clinch the deal

A

to manage to win a deal

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27
Q

mergers and acquisitions

A

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

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28
Q

to go under

A

to fail completely and stop operating

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29
Q

an investor

A

a person that invests money

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30
Q

to underpin sth

A

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

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31
Q

a budget

A

the amount of money an organization has to spend on something

32
Q

a surplus

A

more of something than necessary

33
Q

an emergency fund for contingencies

A

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

34
Q

a shortfall

A

the amount of money a business lacks

35
Q

a deficit

A

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

36
Q

to economize

A

to save money

37
Q

to make cutbacks

A

to save money

38
Q

thriving

A

very successful

39
Q

to realize your personal value

A

to understand how much you are worth

40
Q

to devote yourself to sth

A

to spend a lot of time doing sth

41
Q

a nine-to-five job

A

a typical office job, very predictable

42
Q

to break one’s life routine

A

to change one’s regular schedule

43
Q

a flexible schedule

A

an open timetable

44
Q

to punch the clock

A

to punch in and out (at work)

45
Q

job security

A

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

46
Q

to be unemployed

A

to be without a job

47
Q

job satisfaction

A

the feeling that you have when you enjoy your job

48
Q

a sense of fulfilment

A

a feeling of satisfaction due to one’s work

49
Q

frustration

A

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

50
Q

an excessive workload

A

workload heavier than reasonable

51
Q

a cushy number

A

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

52
Q

job prospects

A

chances of success at work

53
Q

an incentive

A

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

54
Q

stable

A

(of a job) not changed frequently

55
Q

a white-collar job (n.)

A

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

56
Q

a foreign enterprise

A

a large business company from abroad

57
Q

a tempting bonus

A

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

58
Q

welfare benefits

A

care provided by a company for people

59
Q

a long-term commitment

A

a promise to do a particular job for a long time

60
Q

a job hopper

A

sb who changes companies too often

61
Q

to take sb on

A

to employ sb

62
Q

a line of work

A

an area of work

63
Q

a vocation

A

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

64
Q

to freelance

A

to sell your work or services to many different companies

65
Q

a chief executive

A

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

66
Q

a foreman

A

a man who is in charge of a team of workers

67
Q

to be in charge of

A

to be in control of sth

68
Q

to clock in/out

A

to punch in/out

69
Q

to improve one’s qualifications

A

to better one’s skills

70
Q

prospects for promotion

A

chances to get promoted

71
Q

to prove one’s ability

A

to show what one is made of

72
Q

to work one’s way up to…

A

to gradually work towards promotion

73
Q

lucrative

A

bringing a lot of money

74
Q

to get your foot in the door

A

to have a first introduction to a job

75
Q

a dead-end job

A

a job with no prospects