Unit 2 - Business Sectors | Exercises and Flashcards

Unit 2, Business Partner B1 - Exercises and Flashcards

These exercises focus on Unit 2, Business Partner B1

Wordlist for Unit 2, Business Partner B1

Word	Definition	Example
impact	The effect or influence of something on another	Climate change has a significant impact on our environment
popular culture	Trends, ideas, and phenomena that are widespread in society	Understanding popular culture is essential for effective communication in today's society
industry	Economic activity related to the production of goods or services	The manufacturing industry produces goods for consumers
agriculture	The practice of farming, including cultivation of the soil and livestock	Agriculture plays a vital role in providing food for the population
energy	The capacity for doing work or supplying power	Renewable energies are crucial for reducing our dependence on fossil fuels in the energy sector
electronics	Devices and systems developed using electronic components	The electronics industry produces a wide range of devices and gadgets
finance	Management of money and other assets	Understanding finance is important for managing personal and business budgets
fishing	The activity of catching fish	Fishing is an important part of the economy in coastal communities
leading	Having a prominent or influential position	She is leading the team towards achieving their goals
internet technology sector	The segment of the economy focused on internet-related technologies	The internet technology sector is rapidly evolving with constant innovations
industrialized economy	A nation with a developed and diversified economic structure	An industrialized economy relies heavily on manufacturing and technology
important part	A significant component or element	Effective communication is an important part of building strong relationships
automotive	Relating to the design, manufacturing, and marketing of motor vehicles	The automotive industry produces cars, trucks, and other vehicles
manufacturing	The process of making products on a large scale	Manufacturing plants are responsible for producing various goods
retail	The sale of goods to consumers	Retail businesses sell products directly to consumers
service sector	The portion of the economy that provides services rather than goods	The service sector includes industries like hospitality, healthcare, and education
transportation	The movement of people and goods from one place to another	Efficient transportation systems are crucial for the movement of goods and people
trade	The buying and selling of goods and services	International trade promotes economic growth and cooperation between countries
entertainment	Activities that provide amusement or enjoyment	Entertainment plays a significant role in people's leisure activities
tourism	The business of providing services to tourists	Tourism contributes to the economic development of many regions
output	The amount of something produced by a person, machine, or industry	Increasing the efficiency of production can lead to higher output
credit card company	A financial institution that issues credit cards	A credit card company issues credit cards and manages financial transactions
insurance	A contract that provides financial protection against loss	The damage may be covered by your house insurance
textile manufacturing	The production of textiles or fabrics	Textile manufacturing involves the production of fabrics and clothing
steel factory	A facility where steel is produced	The steel factory produces raw steel for construction and other industries
coal mining	The extraction of coal from the earth	Coal mining has been a significant industry for many years, providing energy resources
gas extraction	The process of removing natural gas from the ground	Gas extraction involves obtaining natural gas from underground sources
oil drilling	The process of extracting oil from the earth	Oil drilling is the process of extracting crude oil from the Earth
animal farming	The practice of breeding and raising animals for various purposes	Animal farming includes raising livestock for meat, milk, and other products
crop growing	The cultivation of crops for food or other uses	Crop growing is essential for producing fruits, vegetables, and grains
wine producing	The cultivation of grapes and the production of wine	Some regions are known for wine producing due to favorable climate and soil conditions
chemical plant	A facility where chemicals are produced	A chemical plant manufactures various chemical products
pharmaceutical company	A company involved in the development and production of pharmaceuticals	A pharmaceutical company develops and produces medications and healthcare products
robotics factory	A facility where robots are manufactured	A robotics factory assembles and tests robotic devices for different applications
the energy industry	The collective activities related to the production and distribution of energy	The energy industry encompasses various sectors, including fossil fuels and renewable energies
climate change	Long-term changes in temperature, precipitation, and other atmospheric conditions	Climate change is a global issue that requires collective efforts to address
fossil fuel	Non-renewable energy sources, such as coal, oil, and natural gas	Fossil fuels, such as coal and oil, contribute to environmental pollution and climate change
renewable energies	Sustainable energy sources, like solar, wind, and hydropower	Solar energy and wind power are examples of renewable energies
greenhouse gases	Gases that contribute to the greenhouse effect, trapping heat in the Earth's atmosphere	Greenhouse gases trap heat in the Earth's atmosphere, contributing to global warming
solar energy	Energy derived from the sun's radiation	Solar energy harnesses the power of the sun to generate electricity
global warming	The gradual increase in Earth's temperature	Global warming is a long-term increase in Earth's average surface temperature
memorable day	A day that is remembered for being significant or special	Graduation day was a memorable day filled with joy and accomplishment
nightmare meeting	A meeting characterized by difficulty, challenges, or unpleasantness	The team worked hard to avoid another nightmare meeting with unsolved issues
stressful day	A day marked by high levels of pressure and tension	Dealing with multiple deadlines can make for a stressful day at work
holiday of a lifetime	An exceptionally enjoyable and memorable vacation	Exploring Paris with friends was truly a holiday of a lifetime
multinational	Operating in multiple countries or involving multiple nations	Multinational companies operate in multiple countries to expand their global reach
global player	A company or entity with a significant presence and influence on a global scale	As a global player in the market, the company competes on an international scale
family business	A business owned and operated by members of the same family	The bakery is a successful family business that has been passed down through generations
interrupt	To stop or hinder the progress of something briefly	Please don't interrupt others when they are speaking; it's important to listen attentively
go ahead	Proceed or continue, often with approval or permission	If you're ready to proceed, you can go ahead and submit your application

Illustration of Unit 2 - Business Sectors

FAQ

Why is understanding business sectors important?

It helps you analyze economic structures and understand how industries interconnect.

What’s the difference between a family business and a multinational?

A family business is typically locally owned, while a multinational operates in multiple countries.

How does the energy industry affect other sectors?

The energy industry powers manufacturing, transportation, and service sectors, influencing economic growth.

How can businesses reduce their greenhouse gas emissions?

By adopting renewable energy sources, improving efficiency, and implementing sustainable practices.