Exam: BEC Vantage

Definition: Suitable for sale or in demand by buyers; something that can easily be sold or is attractive to employers.

Example: Her marketable skills helped her land a great job after graduation.

Definition: A person who is an expert in promoting or selling products or services.

Example: The marketeer developed a new strategy to attract more customers.

Definition: A person or company that promotes or sells products or services to customers.

Example: The marketer created a new advertising campaign to attract more customers.

Definition: The process of promoting and selling products or services to customers.

Example: Effective marketing strategies can help a business grow and reach more customers.

Definition: A place or situation where people buy and sell goods or services, or where ideas and opinions are shared and discussed.

Example: The local marketplace is bustling with vendors selling fresh produce and handmade crafts.

Definition: An increase in the price of a product, often added to cover costs and profit, or a set of instructions for formatting documents in computing.

Example: The store applied a markup to the original price of the shoes to ensure a profit.

Definition: To make something as large or great as possible.

Example: We need to maximise our profits this quarter.

Definition: A person or thing that makes the most of something or increases it to the highest possible level.

Example: She is a maximizer who always looks for the best deals when shopping.

Definition: Relating to work that involves physical skills or the use of tools and machinery.

Example: He has a mechanic approach to fixing things around the house.

Definition: A person who is trained to fix and maintain machines, especially vehicles like cars and trucks.

Example: The mechanic fixed my car in just a few hours.

Definition: Being in a middle position or acting through an intervening agency.

Example: The mediate effects of the policy were observed in the community's response.

Definition: To act as a go-between or to help settle differences between two or more parties.

Example: She was asked to mediate the discussion between the two groups to find a solution.

Definition: To help settle a disagreement or bring about an agreement between two or more parties by working with them.

Example: The lawyer was hired to mediate the dispute between the two companies.