- A situation where one company dominates a particular market or industry.

The company has a monopoly in the energy sector, controlling over 90% of the market.

- Basic goods or services that are essential for survival.

During the recession, people focused on purchasing only necessities like food and housing.

- The total amount of something produced by a company, factory, or country.

The factory’s output increased by 15% this quarter due to higher demand.

- The rate at which goods are produced or work is completed.

Improving productivity is key to maintaining a competitive edge in the market.

- An idea, plan, or suggestion put forward for consideration.

The board is reviewing a new business proposition to expand into international markets.

- Buildings, land, or other physical assets owned by individuals or companies.

The company owns several properties in the downtown area.

- A variety or set of things of the same general type.

The company offers a wide range of products, from electronics to home goods.

- A period of economic decline marked by a reduction in trade and industrial activity.

The global recession has led to widespread job losses in many industries.

- Something given in recognition of effort or achievement.

Employees received bonuses as a reward for exceeding their productivity goals.

- A plan or arrangement to achieve something, often involving careful planning.

The government introduced a new tax scheme to encourage investment in small businesses.

- A specific part of a country’s economy or an industry.

The technology sector has seen significant growth in the past decade.

- A meeting held by a company for its shareholders to discuss performance and future plans.

The annual shareholder’s meeting focused on the company’s plans for expansion.

- A reduction in the speed or intensity of economic growth.

The economic slowdown has impacted consumer spending across all sectors.

- The amount of money spent by consumers or businesses.

Consumer spending has increased, boosting the retail sector.

- Data or numerical information used to analyze and interpret trends.

According to recent statistics, unemployment rates have dropped by 5%.

- The act of buying or selling something.

The company completed a large transaction by acquiring a smaller competitor.