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Business English Exercises
 

Business Buzzwords from New England to Michigan

Answers to test questions and links to explanations

Home > Teaching Business English > Business English Lessons, Advanced Level # 166
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business buzzwords from new england to michigan answer 1
The tendency of stocks newly added to the S&P composite index to rise in price due to a large number of buy orders as funds add the stock to their portfolios is called the S&P Phenomenon.

Correct answer: (c) Phenomenon

Meaning of business term Phenomenon
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business buzzwords from new england to michigan answer 2
As demand for metals lurched lower and layoffs swelled, the once pulsing industrial belt that stretches from Illinois across to western New England took on the grim, ground-down demeanor of a half-century earlier, acquiring the glumly descriptive epithet of Rust Bowl.

Correct answer: (d) Rust

Meaning of business term Rust
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business buzzwords from new england to michigan answer 3
Once a firm's stock becomes substantially overvalued, managers who wish to eliminate this are faced with disappointing the capital markets.

Correct answer: (d) overvalued

Meaning of business term overvalued
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business buzzwords from new england to michigan answer 4
An angel investor's love money is sometimes the only way a business can get off the ground; this type of financing can create growth that would be impossible through traditional financing channels.

Correct answer: (d) love

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business buzzwords from new england to michigan answer 5
IT managers often must promise a higher rate of return to justify technology investments than other corporate departments; in some organizations, the hurdle rate for a project to pass the funding threshold may exceed 30% to 50%.

Correct answer: (d) hurdle

Meaning of business term hurdle
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business buzzwords from new england to michigan answer 6
Fannie Mae's 15-year mortgage-backed securities and Bilbo Baggins's friends are called dwarves.

Correct answer: (a) dwarves

Meaning of business term dwarves
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business buzzwords from new england to michigan answer 7
The settlement price for a weather futures contract is calculated by summing Heating Degree Day values for a month and multiplying that sum by $20.

Correct answer: (c) Heating

Meaning of business term Heating
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business buzzwords from new england to michigan answer 8
An air pocket stock is one whose price suddenly plunges; the fall is usually caused by panicked shareholders rushing to sell after hearing unexpected bad news.

Correct answer: (b) air pocket

Meaning of business term air pocket
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business buzzwords from new england to michigan answer 9
The Pac Man defense is used in a hostile takeover situation: the target firm turns around and tries to take over the company that has made the hostile bid.

Correct answer: (b) Pac Man

Meaning of business term Pac Man
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business buzzwords from new england to michigan answer 10
I can imagine why that Ford manager in Michigan recently announced that they would eat their own dog food (only Ford- or subsidiary-built vehicles are allowed to park on the plant premises); it must be discouraging to see the place swarmed every day by Daihatsus, Suzukis and Toyotas.

Correct answer: (b) dog

Meaning of business term dog
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Business English Practice Exercises Business English Tests — several topics are covered: office matters, job applications, computer English, money expressions, business law, operations management, retail marketing, e-commerce, accounting terms, contracts and agreements, commercial correspondence, etc.
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