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prohibit
to formally forbid something
The school ……… students from using mobile phones in class.
merger
the combining of two companies into one
The ……… between the two tech giants led to a dominant industry leader.
acquisitions
the process of one company buying another
The corporation made several ……… to expand its market presence.
subcontractor
a company or person hired to perform part of another company's work
The construction firm hired a ……… to handle the electrical work.
horizontal integration
the expansion of a company by acquiring competitors in the same industry
The fast-food chain used ……… to dominate the global market.
vertical integration
a strategy where a company controls different stages of production
By using ………, the car manufacturer reduced costs by owning its suppliers.
fellow
a companion, colleague, or person in the same group
He discussed the research findings with his ……… scientists.
tertiary
related to the service sector of the economy
The ……… sector includes industries like healthcare, education, and tourism.
intra-firm trading
trade that occurs within a single multinational company
Many large corporations engage in ……… to move goods between their subsidiaries.
multiplier effect
the economic concept where an initial investment leads to greater overall growth
Government spending on infrastructure can create a ……… by boosting local businesses.
retail
the sale of goods to the public in small quantities
The ……… industry has shifted significantly towards online shopping.
acquisition
the process of buying or obtaining something, especially a company
The tech giant’s latest ……… helped it expand into the AI market.
accused
a person or entity that has been charged with wrongdoing
The ……… denied any involvement in the financial scandal.
condemnation
strong disapproval or criticism of something
The government faced international ……… for its actions.
sanction
a penalty imposed on a country or organization as punishment
Economic ……… were placed on the country due to human rights violations.
charter
a formal document outlining rights, principles, or privileges
The company operates under a strict ……… that defines its business ethics.
abide
to follow or obey rules or agreements
All employees must ……… by the company’s policies.
intervene
to step in or take action to prevent a situation from worsening
The UN decided to ……… in the conflict to prevent further violence.
principle
a fundamental belief or rule that guides behavior
The organization operates on the ……… of fairness and equality.
high sea
the open ocean, beyond any country's territorial waters
Fishing on the ……… is subject to international law.