Vocabulary: Business Collocations Flashcards
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The legal team's primary task this week is to ______ a new contract for the partnership, ensuring all terms are clearly defined.
Answer: draw up
The correct business collocation is 'to draw up a contract', which means to prepare and write a formal, official document. The other options are not the standard phrasal verbs used in this context.
After months of difficult talks, the two companies decided to ______ negotiations because they could not agree on the valuation.
Answer: break off
The correct collocation is 'to break off negotiations', which means to end talks suddenly and without an agreement. The other options imply a more final or different kind of closure that doesn't fit the context of negotiations.
A key responsibility of a project manager is to effectively ______ resources to ensure the team has the necessary budget and personnel to succeed.
Answer: allocate
'To allocate resources' is the standard business collocation for assigning or distributing resources like money, staff, and time for a specific purpose. While the other words have similar meanings, 'allocate' is the most formal and appropriate term in a project management context.
Which of the following verbs is the most common and appropriate collocation with 'market share' to signify an increase in a company's sales percentage within its industry?
Answer: gain
The most common business collocation is 'to gain market share', which means to increase the percentage of total sales a company has in a specific market. 'Win' and 'achieve' are plausible but less standard, while 'take' can sound overly aggressive or informal.
In order to deal with falling employee morale, the CEO promised the management team would ______ the issue at the next all-hands meeting.
Answer: address
The correct collocation is 'to address an issue', which means to formally deal with or give attention to a problem. 'Handle' is similar but less formal. 'Solve' implies finding a complete solution, whereas 'address' means to begin dealing with it. 'Speak the issue' is grammatically incorrect.
The entire team had to work overtime to ______ the deadline for the product launch, as it was critical to the quarterly sales targets.
Answer: meet
The standard business collocation is 'to meet a deadline', which means to finish a task by the agreed-upon time. 'Reach' and 'catch' are not used with 'deadline', and while one 'completes' a task, they 'meet' the deadline for it.