Thẻ ghi nhớ: English for Business Studies - Unit 8 | Quizlet

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25 Terms

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assemble

(v) to gather or put together components, parts or elements to form a whole, often referring to the process of constructing or joining individual pieces

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bulk

(n) the larger or main part of something, often indicating a large quantity or mass

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capacity utilization

(n) the extent to which a company or system is using its available resources or production capacity, often indicating the efficiency or effectiveness of resource utilization

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consistency

(n) the degree of uniformity, reliability or predictability in performance, behaviour or outcomes, often indicating the reliability or stability of a process or system

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cost savings

(n) reductions in expenses or expenditures, often resulting from measures or actions taken to reduce costs or improve efficiency

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economical

(adj) characterized by efficiency, frugality or cost-effectiveness, often referring to the ability to achieve desired outcomes or results with minimal resources or expenses

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economies of scale

(n) the cost advantages or efficiencies that result from increased production or operation on a larger scale, often leading to reduced per-unit costs

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elimination of waste

(n) the process of removing or reducing waste, inefficiencies or non-value-added activities from a system or process

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inefficient

(adj) characterized by a lack of efficiency or effectiveness, often referring to a system, process or operation that does not utilize resources optimally or produce desired outcomes with minimal waste

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inventory

(n) a complete list or record of items, goods or materials held in stock or available for use, often indicating the stock of products or supplies maintained by a company

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large-scale

(adj) involving or characterized by a significant scope, extent or size, often referring to operations, projects or activities on a large or extensive level

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manufacturer

(n) a person or company that produces goods or products, often referring to the entity responsible for the production or assembly of items

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materials

(n) substances or components used in the creation, production or construction of something, often indicating the raw materials or inputs utilized in manufacturing or production processes

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mean

(n) the average or typical value of a set of data or the central tendency of a distribution

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plant

(n) a facility or building used for industrial or commercial operations, often indicating a factory, production facility or manufacturing plant

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profitability

(n) the ability or capacity of a business or venture to generate profit or financial gain, often indicating the extent of financial success or viability

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quality

(n) how good or bad something is compared to others of its kind

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quality control

(n) the process or system of ensuring that products, services or processes meet specified quality standards or requirements, often involving inspection, testing and corrective measures

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retailer

(n) a business or individual that sells goods or products directly to consumers, often referring to a store or shop that serves as an intermediary between manufacturers or wholesalers and end-users

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savings

(n) money saved or retained, often indicating the amount of money that is not spent or consumed

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stock

(n) a supply or quantity of goods or materials kept on hand for sale or use, often referring to inventory or merchandise held by a retailer or wholesaler

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waste

(n) the inefficient or unnecessary use or consumption of resources, often referring to materials, time, energy or money that is not effectively utilized or adds no value to a process or system; (v) to use resources carelessly or badly, so they are lost or not helpful

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wholesaler

(n) a person or company that sells goods or products in large quantities to retailers or other businesses, often acting as an intermediary between manufacturers or producers and retailers

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workforce

(n) the total number of people employed or available for employment within a particular organization, industry or country

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