Vocabulary _strategy

In business, a ___ is an attempt to gain control of a company by buying its shares.

• takeover bid

• miss opportunity

• margin

• competitive

It is important for a company to have a good ___ in order to stay ahead of competitors.

• opportunity

• strategy

• profit

• major player

If you want to be successful, you need to be willing to ___ in uncertain situations.

• tackle problems

• take risks

• expand

• cut costs

A company should always ___ to improve efficiency and stay profitable.

• tackle problems

• cut costs

• come up with a solution

• major player

Companies that ___ in emerging markets can often find new opportunities for growth.

• expand

• innovative

• are behind

• competitive

The company hired a new manager to help ___ the problems caused by declining sales.

• come up with a solution

• tackle problems

• major player

• emerging market

In the last quarter, the company saw a significant increase in ___ due to higher sales.

• profit

• major player

• strategy

• competitive

To be a ___ in the industry, a company must offer something unique or superior to its competitors.

• competitive

• innovative

• major player

• expand

A good manager knows how to ___ when things are not going well.

• miss an opportunity
  
  

• come up with a solution

• expand

• cut costs

A smart business decision is to ___ by identifying and entering new markets.

• take risks
  
  

• cut costs

• profit

• expand