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Words for General IELTS - Lesson 18

Here you will learn some English words about business, such as "consumer", "union", "negotiate", etc. that are needed for the IELTS exam.

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Words for General IELTS
brand
[noun]
the name that a particular product or service is identified with
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campaign
[noun]
a series of organized activities that are intended to achieve a particular goal
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client
[noun]
a person or organization that pays for the services of a company or recommendations of a professional
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to compete
[verb]
to join in a contest or game
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competitor
[noun]
a person, organization, country, etc. that engages in commercial competition with others
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consumer
[noun]
someone who buys and uses services or goods
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financial
[adjective]
related to money or its management
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management
[noun]
the process or act of organizing or managing a group of people or an organization
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to promote
[verb]
to encourage the public to buy a product or use a service
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trade
[noun]
the activity of exchanging goods or services
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union
[noun]
an organization formed by workers, especially in a particular industry, to protect their rights and improve their working conditions
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chairman
[noun]
someone who is in charge of a company, organization, etc. for a long term
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distribution
[noun]
the act of giving a share of something to a group of people in an organized way
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corporation
[noun]
a company or group of people that are considered as a single unit by law
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entrepreneur
[noun]
a person who starts a business, especially one who takes financial risks
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financing
[noun]
the act of providing or the sum of money used for running a business, activity, or project
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headquarters
[noun]
the place where the main offices of a large company or organization are located
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income
[noun]
the money that is regularly earned from a job or through an investment
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to manufacture
[verb]
to produce products in large quantities by using machinery
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market research
[noun]
the act of gathering information about what people need or buy the most and why
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to negotiate
[verb]
to discuss the terms of an agreement or try to reach one
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operator
[noun]
someone or a company that is in charge of running a particular business
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profit margin
[noun]
the difference between the earnings and the costs in a business
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to sponsor
[verb]
to cover the costs of a project, TV or radio program, activity, etc., often in exchange for advertising
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strategy
[noun]
an organized plan made to achieve a goal
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slogan
[noun]
a short memorable phrase that is used in advertising to draw people's attention toward something
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to expand
[verb]
to become or make something greater in quantity, importance, or size
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workforce
[noun]
all the individuals who work in a particular company, industry, country, etc.
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revenue
[noun]
money that an organization or business earns over a period of time
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