Exam: BEC Vantage

Definition: A person whose job is to type documents or information using a typewriter or computer keyboard.

Example: She works as a typist in a busy office, typing reports and letters.

Definition: Describing something that has not been charged or listed on a bill, such as services or fees that are yet to be invoiced.

Example: The company had several unbilled expenses at the end of the month.

Definition: To separate items that have been grouped or packaged together into individual parts.

Example: The company decided to unbundle the services to offer customers more choices.

Definition: To purchase an amount that is less than what is necessary or desired.

Example: If you underbuy supplies, you may run out before the project is finished.

Definition: To purchase something for a price that is lower than what is considered normal or expected.

Example: The company decided to underbuy materials to save costs, but it affected the quality of the final product.

Definition: A charge that is less than what is appropriate or expected, often resulting in a loss of revenue or profit.

Example: The company faced a loss due to an undercharge on their services.

Definition: To charge someone less money than what is normal or expected for a service or product.

Example: The store decided to undercharge customers during the sale to attract more buyers.

Definition: To participate in a practice where one offers lower prices or better terms than a competitor, often to gain an advantage.

Example: The new store decided to undercut its rivals to attract more customers.

Definition: A cut made in the lower part of something, often to remove material or create a specific shape.

Example: The carpenter made an undercut in the wood to ensure a better fit.

Definition: To weaken or undermine something, often by cutting away at its foundation or support.

Example: The new policy may undercut the efforts of the previous administration.

Definition: Having a job that does not provide enough work hours or is not suitable for one's skills and qualifications.

Example: Many graduates find themselves underemployed, working in jobs that do not match their education level.

Definition: People who are working in jobs that do not fully utilize their skills or abilities, often because they are working part-time or in positions that do not match their qualifications.

Example: Many underemployed individuals are seeking full-time work that matches their education and experience.

Definition: The situation where a person is working less than they would like or in jobs that do not use their skills fully.

Example: Many graduates face underemployment after finishing their studies, as they struggle to find jobs that match their qualifications.

Definition: Having fewer people than needed to perform a task or job effectively.

Example: The project was delayed because the team was undermanned and couldn't meet the deadlines.

Definition: To pay someone less money than they deserve for their work or services.

Example: The company decided to underpay its employees, leading to low morale.