The Truth About The Great Resignation - Simon Sinek

Question 1

A market correction

Answer 1

noun
A rapid change in the price of a product / service, after which the free market establishes a new price
* After the dot com bubble we saw a market correction.
* There will be a market correction on imported products soon.

Question 2

The laws of nature

Answer 2

noun
The natural / balanced state of reality / economics / business
* The laws of nature cannot be ignored.
* The laws of nature will correct this imbalance.

Question 3

Intervene

Answer 3

verb
To intentionally become involved in a situation in order to improve it
* The police officer saw the fight and tried to intervene.
* Managers need to intervene if they see a project going south.

Question 4

The labor market

Answer 4

noun
The supply and demand for labor
* The labor market in Japan is shrinking.
* We are trying to correct unfairness in the labor market.

Question 5

Take advantage of someone

Answer 5

phrasal verb
Someone treating someone else unfairly for their own benefit
* I think she was trying to take advantage of her rich boyfriend.
* They took advantage of their workers.

Question 6

Line items

Answer 6

noun
A single part of a financial statement
* They treated their workers like line items.
* I checked all the line items in the statement.

Question 7

Toxic job / workplace

Answer 7

adjective - noun
A job / work environment with many personal conflicts between staff members
* I left that job because of the toxic environment.
* Being in a toxic workplace will lead to great stress and anger.

Question 8

Furloughed

Answer 8

adjective
A mandatory temporary leave of absence after which the employee is expected to return to the workplace
* Many employees in the hospitality business were furloughed.
* They furloughed their entire workforce.

Question 9

“A shot across the bow”

Answer 9

idiom
A warning to someone that they should stop / change what they are doing
* The pandemic was a shot across the bow for many industries.
* The government sent a shot across the bow to them.

Question 10

Something of one’s making

Answer 10

phrase
A problem caused by one’s own actions
* This issue is entirely of your own making.
* The debt he is in is of his own making.

Question 11

Double down

Answer 11

verb
To continue with something even more determined than before
* The banks ignored the warnings and doubled down on interest rates.
* Biden doubled down economic sanctions against Russia.

Question 12

The spoils

Answer 12

noun
Advantages / profits gained
* He is enjoying the spoils he gained after selling his company.
* We will share the spoils evenly.

Question 13

Unicorns

Answer 13

noun
Companies that reach a valuation of $1 billion without being listed on the stock market
* His dream is for his company to become one of the unicorns.
* They are trying to follow the example of other unicorns in silicon valley.

Question 14

Ill prepared

Answer 14

adjective
To be badly prepared for something
* He was ill prepared to take the test.
* We were ill prepared for these sudden changes in the market.