IELTS Vocabulary and Business Concepts Review

Flashcards covering business terminology, social concepts, and academic professional vocabulary based on the lecture notes.

Outsourcing

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Subcontracting

Paying a third party to perform a specific professional operation within a larger contract.

Firm

A business or company.

Prevalent

Common, widespread, or prevailing.

Best Practice

A method or technique that has been generally accepted as superior to any alternatives because it produces results that are superior to those achieved by other means.

Wealthy

Rich in terms of money, relationships, resources, etc., as opposed to just having money.

A preponderance of

A majority or the greater part of something.

Confronted with

Faced with or encountering something.

A looming shortage of

A situation where a lack of something is about to happen or is approaching.

Boon

A great benefit or blessing.

Turnover

The rate at which employees leave a workforce and are replaced.

Epicenter

The focal point, center, or hotspot of an activity.

Coincide with

To occur at the same time or to happen simultaneously.

Acquaintance

A person one knows slightly, but who is not a close friend; the state of knowing someone.

Adolescent

A young person in the process of developing from a child into an adult; relating to adolescence.

Eradicate

To destroy completely or put an end to something.

Immense

Extremely large or great, especially in scale or degree.

Impose

To forcibly put a restriction, tax, or regulation in place.

Statistics

The practice or science of collecting and analyzing numerical data in large quantities.

Susceptible

Likely or liable to be influenced or harmed by a particular thing; easily affected.

Undergo

To experience or be subjected to something, typically something unpleasant or arduous.

Unanticipated

Not expected or predicted; unforeseen.

Drawback

A feature that renders something less acceptable; a disadvantage or negative part.

Social reached

The extent or range of access within social media networks.

Engagement

The level of interaction on social media, including actions like likes, comments, and shares.

Impressions

The number of times content is displayed, regardless of whether it is clicked or not.

A grave illness

A serious or severe medical condition.

Commensurate

Corresponding in size or degree; in proportion.

Devote

To give all or a large part of one's time or resources to a specific person, activity, or cause.

Dire

Extremely serious, urgent, or terrible.

Discrepancy

A lack of compatibility or similarity between two or more facts; an inconsistency.

Inordinate

Unusually or disproportionately large; excessive.

Invaluable

Extremely useful; indispensable or priceless.

Validate

To check or prove the validity or accuracy of something; to authenticate.

Attributed to

Regarded as being caused by or assigned to a specific source.

Acute

Can mean serious/severe (shortage), sharp/keen (awareness), or a rapid-onset medical condition (pain).

Attain

To succeed in achieving something, typically through effort and hard work.

Threefold

Triple in quantity or size; having three parts.

Opt out

To choose not to participate in or carry on with something.

Rest with

To be the responsibility of or reside with a specific person.

Dictate

To lay down authoritatively; to prescribe or control.

Optimal

Best or most favorable; ideal.

Patent

A government authority or license conferring a right or title for a set period.

Institute

To set up, establish, or initiate a system, rule, or course of action.

Be content to

To be satisfied with or willing to accept a particular situation or action.