Exam: BEC Higher

Definition: To make something available for sale or to promote it for profit.

Example: The company plans to commercialise its new technology next year.

Definition: A focus on making money and profit in business, often at the expense of other values or interests.

Example: The rise of commercialism has changed the way we view art and culture, prioritizing profit over creativity.

Definition: A person who is involved in business or trade, often focused on making profits and promoting commercial interests.

Example: The commercialist advocated for policies that would benefit local businesses.

Definition: The ability of a business or product to make a profit or be financially successful.

Example: The commerciality of the new product was evident in its strong sales figures.

Definition: A place where food and supplies are sold, often found in military bases or film studios, or a person assigned to carry out a specific duty.

Example: The soldiers went to the commissary to buy groceries and other supplies.

Definition: A group of people or an official document that gives authority to do something, or a fee paid for services.

Example: The artist received a commission to create a mural for the city hall.

Definition: To officially order or authorize someone to create something or to perform a task.

Example: The artist was commissioned to create a mural for the community center.

Definition: To change something so that it can be sold or traded like a common product, making it similar to other products from different companies.

Example: The company aims to commoditize its unique software to reach a larger market.

Definition: Changed into a product that is widely available and not unique, often leading to lower prices and less differentiation.

Example: Many products have become commoditized, making it hard for companies to stand out in the market.

Definition: To make a product or service widely available and interchangeable with others, often reducing its uniqueness or value.

Example: Many companies have commoditized their products to compete in the market.

Definition: A product or raw material that can be bought and sold, often used in trade or commerce.

Example: Oil is a valuable commodity that affects the global economy.

Definition: A business or organization that provides goods or services, or a group of people who are together for a specific purpose.

Example: She works for a technology company that develops software.

Definition: To go along with someone or something, often to provide support or companionship.

Example: She decided to company him on his journey to the mountains.