INFANT INDUSTRY - a new industry that is in its earliest stage of development, DUMPING - the practice of selling goods in another country so cheaply that companies in that country cannot compete fairly, QUOTA - a fixed, limited amount or number that is officially allowed, GDP - the total value of goods and services produced by a country in a year, MERGER - an occasion when two or more companies or organizations join together to make one larger company, ACQUISITION - something such as a building, another company, or a piece of land that is bought by a company, or the act of buying it, USP - a feature of a product that makes it different from and better than other similar products and that can be emphasized in advertisements for the product, NICHE - an area or position that is exactly suitable for a small group of the same type, VULNERABLE - able to be easily hurt, influenced, or attacked, ENTREPRENEUR - someone who starts their own business, especially when this involves seeing a new opportunity, CONGLOMERATE - a company that owns several smaller businesses whose products or services are usually very different, COPYRIGHT - the legal right to control the production and selling of a book, play, film, photograph, or piece of music, SUBSIDISE - to give money to a person or an organization in order to pay part of the cost of something that they do or make, ETHICAL - morally right, SUBSIDIARY - a company that is owned by a larger company, DIVERSIFY - to start to include more different types or things, TAKEOVER BID - an offer or attempt to take control of a company by buying enough of its shares to do this, or the amount of money offered, BOND - an official paper given by the government or a company to show that you have lent them money that they will pay back to you at a particular interest rate, LOAN - an amount of money that is borrowed, often from a bank, and has to be paid back, usually together with an extra amount of money that you have to pay as a charge for borrowing, HEADHUNTER - a person whose job is to find people qualified for and willing to take very important jobs, LANDLORD - a person or organization that owns a building or an area of land and is paid by other people for the use of it, DEMAND - a need for something to be sold or supplied,

CROSSWORD REVISION SUMMER SEM ENGLISH FOR BUSINESS STUDIES

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