Exam: TOEIC

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: The supplies and equipment used by a military force or organization.

Example: The army received new materiel to support their operations.

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

Example: We need to maximise our profits this quarter.

Definition: The process of making something as large or effective as possible.

Example: The maximization of profits is a key goal for many businesses.

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

Example: The company aims to maximize its profits this year.

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: The industry involved in slaughtering animals and processing their meat for sale.

Example: The meatpacking industry plays a crucial role in the food supply chain.

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.