IELTS: Intermediate Business Vocabulary Set 7-1. administration (noun) The activities performed to manage the affairs of a business or organisation. 2. applicant (noun) A person who applied for som... ething and is waiting for the result. 3. brand name (noun) A specific name given to a product to make it recognisable. 4. branding (noun) The activity of making a company, product, organ- isation, or person attractive to the rest of people by using logotypes, slogans, etc. 5. capital (noun) The acquired wealth of someone that has a pur- pose of getting re-invested. 6. change hands (idiom/phrase) To give to a new owner; to change owner- ship. 7. corporate (adjective) Used to describe anything that is Involved with businesses or offices. 8. corporation (noun) An organisation or business that has been legally organised according to local regulations. 9. exploit (verb) To entirely and wholly make use of a resource or situation for one's own good and benefit. 10. franchise (noun) A local branch of a larger business or chain restau- rant. 11. headquarters (noun) The main administration room within a company or the main military office from which troops are administrat- ed and commanded. 12. importation (noun) The act of importing something. 13. inefficient (adjective) Not being able to make the best use of time or resources. [Show More]
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