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30 question-and-answer flashcards covering vocabulary on popular music, choir singing, and 28 core Business & Money expressions from pages 13-21 of the lecture notes.
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What characterizes the genre known as "popular music"?
It is modern music listened to by the majority, featuring strong rhythms and simple melodies.
Why might schools encourage children to sing in a choir?
Because singing in a choir lets them enjoy music by performing with a group in public or church settings.
What does the expression "to take something into consideration / account" mean?
To remember or think about something when judging a situation.
What does it mean "to break into a market"?
To enter a market that is difficult to penetrate due to high competition or barriers.
If someone "keeps his word," what has he done?
He has upheld a promise and done what he said he would do.
In business, what does it mean "to reach a consensus"?
To come to an agreement accepted by everyone involved.
What is meant by "to make the most of something"?
To exploit or use something as effectively and fully as possible.
When a company "goes out of business," what happens?
It stops operating permanently, usually because it has failed.
Why do firms "do market research"?
To collect information about what consumers buy and why they choose those products.
What are companies doing when they "make cutbacks"?
They are decreasing or reducing expenses, staff, or operations.
Why must a firm "manage expectations"?
To prevent disappointment by setting realistic goals or outcomes in advance.
What does it mean "to make a calculation" in business?
To assess a situation and estimate or predict the outcome.
If a company "pays in arrears," when does it pay its suppliers?
Later than the agreed terms, after the goods or services have been received.
What happens when you "buy at auction"?
You purchase an item at a public sale where bidders offer increasingly higher prices until the highest bid wins.
What does it mean "to squander a chance or savings"?
To waste an opportunity or money without gaining any benefit.
Define the business term "overhead cost."
Regular running costs such as rent, utilities, and wages needed to operate a business.
What is "a takeover" in corporate language?
The act of gaining control of a company by buying most or all of its shares.
How is "a merger" different from a takeover?
A merger joins two or more businesses into one new entity rather than one simply buying another.
What problem is signaled by "a heavy workload"?
Employees have many tasks, often leading to stress or illness.
What is "compensation" in an employment context?
Money paid to someone for injury or damage they have suffered.
How is "revenue" defined for governments or companies?
The money received from taxes (government) or from sales and business activities (company).
Who are "white-collar" workers?
Employees who work in offices rather than doing manual labor.
Who are described as "blue-collar" workers?
People engaged in physical or manual labor, often in factories.
What does it mean "to run your own business"?
To own and manage a company yourself.
If someone "earns a living," what are they doing?
Making money to support themselves financially.
How do companies "enhance their public image"?
By actions (e.g., charity donations) that make them appear more attractive to the public.
What does it mean "to grow a business"?
To expand company operations, often by opening new locations or increasing scale.
How does a firm "gain a competitive edge"?
By achieving an advantage over rivals, such as offering similar goods at lower prices or higher quality.
Why might a company aim to "maximize profits"?
To increase earnings to the highest possible level.
What does it mean "to conduct a business" in a particular way?
To operate or run the company following certain principles or methods, such as honesty.