Cambridge English: CAE (C1 Advanced) - Trade & Market Dynamics

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Cambridge English: CAE (C1 Advanced)

the act of buying or obtaining something, especially something that is valuable

Ex: The art collector 's latest acquisition is a rare painting by a renowned artist .
retailer [noun]

a store, person, or business that sells goods to the public for their own use, not for resale

Ex: The retailer offers discounts and promotions to attract customers to its stores .

(economics) an unprocessed material that can be traded in different exchanges or marketplaces

Ex: Agricultural commodities such as wheat , corn , and soybeans are subject to fluctuations in price based on factors like weather conditions and supply and demand .

goods offered for sale or the ones bought or sold

Ex: The display window showcased the latest merchandise from the designer collection .

an organization or business that is jointly owned and run by its members

Ex: The cooperative provides affordable housing options for its members , who share ownership and responsibility for the property .

a company

Ex: The multinational enterprise operates in multiple countries , serving a diverse customer base .

a commercial enterprise that functions under an agreement, using the branding, systems, and products of an established company

Ex: She owns three franchise locations across the state , all offering identical menus .
auction [noun]

a public sale in which goods or properties are sold to the person who bids higher

Ex: The auction attracted collectors from around the world .
bid [noun]

a stated amount of money offered to purchase something, often in competitive settings

Ex: She placed a bid on the painting just before the deadline .

a payment system in which one is only able to use a service up to the amount that they have paid for, and payment must be made in advance of using the service

Ex: With a pay as you go plan , you only pay for the services you use , making it a budget-friendly choice .
rip-off [noun]

something that costs a lot more than its real value

Ex: They charged $ 50 for parking , which felt like a total rip-off .

the general process of purchasing or selling something

Ex: Effective leaders ensure the seamless transaction of organizational operations .
market [noun]

a group of potential or actual buyers who are interested in and able to purchase a specific product or service

Ex: She researched the market before launching her skincare line .
outlet [noun]

a store or organization where the products of a particular company are sold at a lower price

Ex: They decided to visit the factory outlet to buy kitchen appliances at a fraction of the cost .
salon [noun]

a place where hairdressing, makeup and other cosmetic services are done professionally

Ex: He booked an appointment at the salon for a beard trim .

a professional who buys and sells stocks, bonds, and other securities on behalf of clients, usually for a commission or fee

Ex: Clients may work with stockbrokers to build and manage investment portfolios , diversify holdings , and achieve financial goals .
holder [noun]

an individual who possesses or carries an item, title, or position

Ex: He 's the holder of several academic degrees .

to encourage the public to buy a product or use a service

Ex: They promoted the restaurant by offering discounts for first-time diners .

the sequence of processes, organizations, people, activities, information, and resources involved in producing and delivering a product or service from its origin to the final customer

Ex: A strong supply chain ensures that goods reach customers on time .
Cambridge English: CAE (C1 Advanced)
Ecological Principles & Conservation Pollution, Waste & Human Impact Energy, Resources & Environmental Events Physics & States of Matter
Chemical & Material Processes Biology, Genetics & Life Processes Art Forms & Creative Processes The Art Scene
Sports Medical Practices & Treatments Illnesses, Injuries & Specific Conditions General Health & Medical Systems
Social Disadvantage & Core Issues Personal Traits & Character Societal Frameworks, Governance & Welfare Recruitment & Job Roles
Workplace Culture & Career Trade & Market Dynamics Technological Devices & Systems Telephoning & Direct Speech
Physical Appearance & Form Academic Studies & Qualifications Skills & Competencies Crime & Legal Consequences
Apparel, Cost & Styles Historical Societies & Economic Systems Work Performance & Conditions Financial Management & Economic Health
Corporate Structures & Strategic Actions Social Navigation & Behavior Patterns Perspectives, Beliefs & Navigating Challenges Traits & Self-Concept
Cognitive Processes & Memory Analysis, Judgment & Problem Solving Innovation, Development & Function Superstition & Supernatural
Media, Publishing & Information Dynamics Emotional States & Reactions Communicative Interpretation & Expression Formal Communication & Information Exchange
Social Influence & Strategies Personal Conduct & Self-Management State & Condition Relational & Abstract Qualities
Clarity, Perception & Reality Style & Atmosphere Negative Judgments & Flaws Positive Judgments & High Value
Challenging Interactions & Social Tactics Family & Social Connections Adverbs & Adverbial Phrases Manual Actions or Physical Movement
Level & Intensity Everyday Objects & Domestic Life Food, Cooking & Dining Creatures & Their Behaviors