Business English AB

What is the definition of 'Global market'?

• The management of the flow of goods.

• The worldwide economic market.

• A loan or financial trust in business transactions.

• Government agency controlling imports/exports.

What does 'Logistic' refer to?

• A business model where rights are granted to sell.

• The exchange of goods or services.

• The management of the flow of goods.

• The process of running a business or system.

What is 'Insurance'?

• The ability to move or adapt quickly.

• A tax on imports or exports.

• A fee paid for services.

• Protection against financial loss.

What does 'Customs' refer to?

• A mutual arrangement between parties.

• The introduction of new ideas or methods.

• Government agency controlling imports/exports.

• A protected area for conservation.

What is meant by 'Credit'?

• The management of money and investments.

• The process of placing goods onto a vehicle.

• A loan or financial trust in business transactions.

• A document issued by a carrier.

What does 'Packaging' refer to?

• Materials used to wrap or protect goods.

• The process of getting back something.

• The exchange of goods without using money.

• A specific group aimed by products or services.

What is 'Globalization'?

• The management of the flow of goods.

• The process of international economic integration.

• A flat transport structure that supports goods.

• A monetary penalty.

What does 'Agility' mean in a business context?

• The supervision of restaurant operations.

• A budget-friendly accommodation option.

• The identity of a product or company.

• The ability to move or adapt quickly.

What is 'Tariff'?

• A proposal or sale of goods or services.

• The management of money and investments.

• A tax on imports or exports.

• A large box used for shipping goods.

What does 'Supply Chain' refer to?

• A protected area for conservation.

• The network involved in producing and delivering goods.

• The process of changing from one provider.

• A fee paid for services.