WEEK 10
1. Awareness [əˈwerənəs] (n.)
When companies build their brands, their goal is to create brand awareness.
-- knowing that something (such as a situation, condition, or problem) exists
-- He introduced radio to the school to increase the children's awareness.
2. Brand [brænd ] (n.)
Coca-Cola is the best-known brand in the world.
-- a category of products that are all made by a particular company and all have a particular name
-- The Sunday Times remains the brand leader by a huge margin.
3. Disregard [ˌdɪsrɪˈgɑ:rd] (v.)
Consumers often disregard commercials, but they pay attention to movies and television shows.
-- to ignore (something) or treat (something) as unimportant
-- He drove with blithe disregard for the rules of the road.
4. Likewise [ˈlaɪkˌwaɪz] (adv.)
Likewise, BMW paid millions for its cars to appear in James Bond films.
-- in the same way
-- Will wanted to do likewise, but felt too discomfited.
5. Method [ˈmɛθəd] (n.)
One method that has grown dramatically in recent tears is product placement.
-- a way of doing something
-- He succeeded with the aid of a completely new method he discovered.
6. Setting [ˈsɛtɪŋ] (n.)
Films, songs, and video games are also attractive settings for products.
-- the place and conditions in which something happens or exists
-- The default is usually the setting that most users would probably choose.
7. Standard [ˈstændərd] (adj.)
It also establishes a standard quality that people can trust.
--something that is very good and that is used to make judgments about the quality of other things
--The standard of living today is on the edge of subsistence.
8. Strength [streŋθ] (n.)
It has often been said that if Coke needed money suddenly, it could borrow $100 billion on the strength of its name alone.
-- the quality or state of being physically strong
-- I didn't know Ron had that much strength of character.
9. Bribe [braɪb] (n.)
They found themselves paying protection money to criminal gangs and bribes to politicians.
-- something valuable (such as money) that is given in order to get someone to do something
-- The judge rejected a bribe from the defendant's family.
10. Essential [ɪˈsɛnʃəl] (adj.)
3M’s cultural awareness has been essential to its success in Russia.
-- extremely important and necessary
-- Jordan promised to trim the city budget without cutting essential services.
11. Ethics ['eθɪks] (n.)
They trained both employees and customers in business ethics.
-- an area of study that deals with ideas about what is good and bad behavior : a branch of philosophy dealing with what is morally right or wrong
-- It is common to distinguish between personal and social ethics.
12. Expertise [ˌekspɜ:rˈti:z] (n.)
Thus, they recognized that local expertise would be essential to their success.
-- special skill or knowledge : the skill or knowledge an expert has
-- It's a team unrivalled in stature, expertise and credibility.
13. Found [ faund ] (v.)
3M was founded in 1902.
-- to take the first steps in building
-- The business, founded by Dawn and Nigel, suffered financial setbacks.
14. Innovation [ˌɪnəˈveʃən](n.)
Innovation has always been a part of 3M’s corporate mission.
-- a new idea, device, or method
-- The vegetarian burger was an innovation which was rapidly exported to Britain.
15. Mission [ 'miʃən ] (n.)
Innovation has always been a part of 3M’s corporate mission.
-- a task or job that someone is given to do
-- Their mission is simply to scout out places where helicopters can land.
16. Operation [ˌɑ:pəˈreɪʃn] (n.)
3M has operations in more than 60 countries and sells its products in nearly 200.
-- an activity of a business or organization
-- A debriefing would follow this operation, to determine where it went wrong.
17. Potential [pəˈtɛnʃəl] (adj.)
Potential employees had as many as eight separate interviews.
-- capable of becoming real
-- They identified six plants as having potential for development into pharmaceutical drugs.
18. Refuse [rɪˈfju:z] (v.)
Refusing to participate in unethical or illegal activity could be dangerous for individuals and their families.
-- to say that you will not accept (something, such as a gift or offer)
-- I've always had a loud mouth, I refuse to be silenced.
19. Turnover [ˈtɜ:rnoʊvə(r)] (n.)
Some experienced very high turnover rates among their Russian employees.
-- the amount of money that is received in sales by a store or company
-- The industry has a high turnover of young people.
20. Unstable [ʌnˈstebəl] (adj.)
During this unstable period, 3M successfully entered the Russian Market.
-- likely to change
-- The situation is unstable and potentially dangerous.
21. Willingness [ˈwɪlɪŋnɪs] (n.)
The company’s willingness to adapt its corporate structure to the local culture.
-- cheerful compliance
-- We must respond to well-founded criticism with a willingness to change.
22. Economy [ɪˈkɒnəmi ](n.)
They shift to a market-controlled economy.
-- the process or system by which goods and services are produced, sold, and bought in a country or region
-- The economy remains deep in recession with few signs of a pick-up.
23. Individuals [ɪndɪ'vɪdʒʊrlz] (n.)
Refusing to participate in unethical or illegal activity could be dangerous for individuals and their families.
-- people
-- The media seems obsessed with hyping up individuals or groups
24. Benefits [ˈbenifits] (n.)
At a time when many Russians were losing government benefits, 3M offered excellent health care.
-- money, health insurance, or other advantages you get from your job
-- There are intangible benefits beyond a rise in the share price.
25. Logo [ˈloʊgoʊ] (n.)
The judges on the reality show American Idol all drink from cups with the Coca-Cola logo on them.
-- a small design that is the official sign of a company of brand
-- Stationery can be imprinted with your message or logo.
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