Business vocab

In early 2024, several small businesses in the UK were forced to __________ due to high inflation and low consumer demand.

• export

• close down

• market

• expand

Samsung announced plans to __________ a new smartphone model with advanced AI features this year.

• manufacture

• take over

• launch

• resign

The company’s profits __________ by 18% in the last quarter due to falling sales in the US.

• grew

• dropped

• merged

• produced

The CEO said the company will continue to __________ its services across Southeast Asia in 2025.

• become

• import

• grow

• expand

In 2024, Germany continued to __________ cars and machinery to countries across Europe and Asia.

• export

• market

• close down

• produce

India increased its oil __________ from Russia as part of a new energy deal.

• exports

• imports

• markets

• takes over

BMW plans to __________ electric vehicles at its new plant in Hungary.

• merge

• grow

• manufacture

• launch

Startups are learning how to better __________ their products through digital platforms.

• merge

• import

• market

• resign

Pfizer and Seagen decided to __________ to strengthen their position in cancer treatment research.

• grow

• merge

• take over

• drop

OpenAI has quickly __________ one of the leading AI companies in the world.

• become

• dropped

• imported

• taken over