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B1 Unit 46: Business & economy 2

18 B1 words: launch, finance, distribution, selection, goods, delivery… Learn them in 4 steps, then review them every day.

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Word list

WordMeaningExample
launch/lɔntʃ/ vto launchto start selling a new productThe company will launch a new phone in May.The company will launch a new phone in May.
finance/fəˈnæns/ vto financeto provide money for somethingBanks help families finance a new home.Banks help families finance a new home.
distribution/ˌdɪstrəˈbjuʃən/ ndistributionthe act of sending goods to many placesThe distribution of food to shops starts at six.The distribution of food to shops starts at six.
selection/səˈlɛkʃən/ nselectiona range of things to choose fromThe shop has a wide selection of shoes.The shop has a wide selection of shoes.
goods/ɡʊdz/ ngoodsthings that are made to be soldThe shop sells household goods at low prices.The shop sells household goods at low prices.
delivery/dɪˈlɪvɚi/ ndeliverythe act of taking goods to a placeThe delivery arrived this morning.The delivery arrived this morning.
branch/bræntʃ/ vto brancha local office of a larger organizationThe bank opened a new branch in town.The bank opened a new branch in town.
consumer/kənˈsumɚ/ nconsumera person who buys goods or servicesConsumers want lower prices and better products.Consumers want lower prices and better products.
promote/prəˈmoʊt/ vto promoteto advertise a productThe company wants to promote its new phone.The company wants to promote its new phone.
retail/ˈriˌteɪl/ nretailselling goods to the publicLucy works in retail and sells clothes in a big shop.Lucy works in retail and sells clothes in a big shop.
proposal/prəˈpoʊzəl/ nproposala plan suggested to othersSara wrote a proposal for a new project.Sara wrote a proposal for a new project.
strategic/strəˈtidʒɪk/ adjstrategicplanned to reach a long-term goalThe company made a strategic decision to grow abroad.The company made a strategic decision to grow abroad.
establishment/ɪˈstæblɪʃmənt/ nestablishmenta business or organizationThe restaurant is a well-known establishment in the city.The restaurant is a well-known establishment in the city.
decline/dɪˈklaɪn/ ndeclinea fall in number or qualityThere was a decline in sales this spring.There was a decline in sales this spring.
agriculture/ˈæɡrɪˌkʌltʃɚ/ nagriculturefarmingAgriculture is important in the south of the country.Agriculture is important in the south of the country.
engage/ɛnˈɡeɪdʒ/ vto engageto employThe company engaged a new designer.The company engaged a new designer.
consumption/kənˈsʌmpʃən/ nconsumptionthe amount usedElectricity consumption rises in winter.Electricity consumption rises in winter.
expand/ɪkˈspænd/ vto expandto become biggerThe company wants to expand into new countries.The company wants to expand into new countries.