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166. IELTS Minh Huong Vocabulary booster (Cambridge 15, test 1, reading 1)

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What does the term "profitable" mean?

Producing a profit or a useful result.

Who does "the public" refer to?

Ordinary people who do not work for the government or have any special position in society.

What is the definition of "harm"?

Damage, injure, destroy.

What does the term "disaster" mean?

Calamity, tragedy, catastrophe.

What is the meaning of "spill"?

Fall, drop, leak.

What does "coast" refer to?

Shore, coastline, seaside.

What does it mean to "prefer"?

Favor, desire, choose.

How is "sustainably" defined?

In a way that causes little or no damage to the environment and therefore able to continue for a long time.

What does the term "poor" signify?

Substandard; worse than usual.

What is meant by "track record"?

All of a person’s or organization’s past achievements, successes, or failures.

What is the term for salary, income, or earnings?

Wage

What is the definition of a court?

The place where a trial is held, or the people there, especially the judge and the jury who examine the evidence and decide whether someone is guilty or not guilty.

What does it mean to declare something?

To announce, assert, state, or proclaim.

What is a humanitarian concerned with?

Improving bad living conditions and preventing unfair treatment of people.

What does sentiment refer to?

Feeling or attitude.

What is another term for a stockholder?

Shareholder, owner, investor.

What does the term ultimate mean?

Fundamental, essential, basic.

What is meant by the term condition in a legal context?

Something that must exist or happen first, before something else can happen.

What does destructive mean?

Harmful, negative, damaging.

What is a policy?

Strategy, rule, procedure, program.

What does the phrase "in the long run" refer to?

At a time that is far away in the future.

Who is considered a politician?

Someone who works in politics, especially an elected member of the government.

What does unprofitable mean?

Making no profit.

What does illegal mean?

Unlawful, banned, illegitimate.

What does sustainable mean in an environmental context?

Able to continue without causing damage to the environment.

What does profitable mean?

Producing a profit or a useful result.

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Explore essential terms related to economics and law, including definitions for wage, court, humanitarian, and more. Enhance your understanding of these concepts and their implications in society and business.

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1. What does 'coast' refer to in the context provided?

A Mountain B Valley C Forest D Shore, coastline, seaside

2. What does 'sustainably' mean in environmental terms?

A In a way that causes little or no damage to the environment and therefore able to continue for a long time B In a way that ignores environmental impact C In a way that prioritizes economic growth D In a way that maximizes resource use

3. What is meant by 'poor' in the given context?

A Wealthy; affluent B Substandard; worse than usual C Excellent; superior D Average; typical

4. How is 'track record' defined in the context provided?

A A summary of current projects B A record of financial transactions C A list of future goals and objectives D All of a person’s or organization’s past achievements, successes, or failures

5. What does 'achievements' refer to in the context of a track record?

A Past successes or accomplishments B Current challenges C Potential opportunities D Future goals

6. What does 'the public' refer to in the given context?

A Special position holders B Private sector employees C Ordinary people who do not work for the government D Government officials

7. What is the meaning of 'harm' in the context provided?

A Repair B Assist C Help D Damage, injure, destroy

8. What does 'substandard' imply in the context of quality?

A Better than average B Worse than usual C Meeting expectations D Exceeding standards

9. What is the primary role of a court?

A To examine evidence and decide guilt or innocence B To create legislation C To enforce laws D To provide legal advice

10. What does the term 'declare' mean in a legal context?

A To question authority B To hide information C To announce or state something officially D To negotiate terms

11. What is a humanitarian concerned with?

A Maintaining traditions B Enforcing laws C Improving bad living conditions and preventing unfair treatment D Maximizing profits

12. What is another term for 'stockholder'?

A Customer B Employee C Manager D Shareholder

13. What does 'sentiment' refer to in a business context?

A Financial gain B Legal obligation C Feeling or attitude D Technical analysis

14. What is the meaning of 'ultimate' in the given context?

A Optional B Fundamental C Temporary D Secondary

15. What does 'condition' refer to in the context provided?

A A state of health B A type of weather C An optional choice D Something that must exist or happen first

16. How is 'destructive' defined in the context?

A Neutral B Constructive C Harmful D Beneficial

17. What does 'policy' mean according to the content?

A Suggestion B Strategy C Hypothesis D Opinion

18. What does 'in the long run' imply in the given context?

A In the past B At a time that is far away in the future C Immediately D Short-term

19. What is the definition of a politician?

A A person who studies political science B Someone who works in politics, especially an elected member of the government C A member of a political party without any official role D A journalist covering political news

20. What does 'unprofitable' mean?

A Producing a significant profit B Breaking even financially C Generating a small profit D Making no profit

21. How is 'illegal' defined in the context provided?

A Supported by legal authorities B Permitted by law C Encouraged by regulations D Unlawful, banned, illegitimate

22. What does 'sustainable' mean in environmental terms?

A Dependent on non-renewable resources B Requiring constant resource input C Able to continue without causing damage to the environment D Causing significant environmental harm

23. What is the meaning of 'profitable'?

A Breaking even financially B Causing financial instability C Resulting in a loss D Producing a profit or a useful result

24. What does 'disaster' mean according to the content?

A Achievement B Success C Calamity, tragedy, catastrophe D Victory

25. What is meant by 'spill' in the given context?

A Contain B Fall, drop, leak C Store D Hold

Study Notes

Consolidated Summary of Key Concepts

This document synthesizes various key concepts related to economics, law, and social responsibility, emphasizing their interconnections and implications for decision-making and governance.

Economic and Legal Frameworks

  • Wage: Represents the financial compensation for work performed, crucial for understanding employment dynamics.
  • Profitability: Indicates the ability of a business or activity to generate profit, essential for assessing financial viability and sustainability.
  • Stockholder: An individual or entity owning shares in a company, influencing corporate decisions and strategies.

Governance and Policy

  • Court: A legal venue for resolving disputes, where judges and juries evaluate evidence to administer justice.
  • Politician: An elected official involved in shaping policies and governance, playing a critical role in societal decision-making.
  • Destructive Policies: Strategies that can harm organizations or stakeholders, highlighting the need for careful evaluation in policy formulation.

Social Responsibility and Sustainability

  • Humanitarian Efforts: Focus on improving living conditions and ensuring fair treatment for all individuals, addressing social inequalities.
  • Sustainability: Engaging in practices that protect the environment and can be maintained over time, emphasizing responsible resource management.
  • Environmental Concerns: Issues like spills that can cause significant harm to ecosystems, necessitating proactive management strategies.

Decision-Making Considerations

  • Time Perspective: The importance of considering long-term outcomes in decision-making processes, rather than focusing solely on immediate results.
  • Quality Assessment: Evaluating products or services against standards to ensure they meet expectations, guiding improvements.
  • Track Record: A comprehensive account of past performance that informs future decisions and builds trust.

Key Takeaways

  1. Understanding economic concepts like wages and profitability is essential for evaluating business success and sustainability.
  2. Governance relies on effective policy-making and the role of politicians in shaping societal outcomes.
  3. Social responsibility, particularly through humanitarian efforts and sustainability practices, is vital for addressing contemporary challenges.