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Business English Lesson – Advanced Level's archive
Business Buzzwords: Competitive Advantage
1. An important theme of research related to the industry
is that strategies for achieving competitive
advantage differ depending on the stage: firms compete
primarily on alternative product designs and positioning
early in the history of an industry, whereas cost becomes
a more important basis of competition in later stages.

development
evolution
flowchart
lifecycle
2. Yahoo! and MSN are both good examples of
because both have sites in different languages specifically
targeted at the people of several countries.

culturalization
glocalization
ramification
specialization
3. It appeared that Old Mutual had fallen prey to a bear
, where short sellers had entered the market for Old
Mutual shares and had closed out their positions early this
week; Poole said, "The market reacted very badly to our
announcement, and we take losing 10 % of our price
seriously."

attack
market
raid


scare
4. "An obsession with wealth has led to epidemic",
says Oliver James, "the virus is a set of values which
increase our vulnerability to psychological distress, placing
a high value on acquiring money and possessions, looking
good in the eyes of others and wanting to be famous."

a Mad Cash Disease
a Moneyosis
an Affluenza
a Newmonia
5. In 1982, Barry Minkow started his own rug-cleaning
business called Best and eventually turned it into a
public company with a paper value of more than $200
million; he was given a hero's welcome on Wall Street, but
in December 1988, he was convicted on 57 counts of
fraud and sentenced to 25 years in jail.

AAAA
BBBB
XXXX
ZZZZ
6. The seller of T Bond futures does not have to notify the
clearing house until 8 pm about his intention to deliver, so
if bond prices decline after 2 pm, the seller can notify the
clearing house of his intention to deliver the cheapest
bond that day or he can wait for the next day: this option is
called the card play.

down

high
hole
wild
7. The accounting employed by iMergent could be
the reason why the company has lost all coverage from
major brokerage houses and now reports numbers to the
public without independent scrutiny; in 2005, it confessed
a huge restatement of prior earnings and rolled up a mass
of prior years' unreported losses.

abracadabra
hocuspocus
hoodoo
voodoo
8. A bond is one whose interest and principal
payments are made from a fund into which a company
sets aside money over time, in order to retire its preferred
stock, bonds or debentures.

saver
sinker
storage
surety
9. A Brookfield real estate agent was charged Thursday in
federal court with trying to get a $75,000 in the form
of a percentage of the sale if the bidder's proposal was
accepted, in exchange for giving out confidential bid
information on the sale of a $30 million state office building
in Madison.


backup
blackmail
kickback
rebate
10. Investors are starting to worry that Symantec, which
makes the popular Norton brand of anti-virus software, is
in danger of being : Microsoft has made some
rumblings lately about stepping up its presence in security
software.

Appled
Deleted
McAfeed
Netscaped

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