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Business English Exercises
 

Business Buzzwords: South African Labour Laws

Answers to test questions and links to explanations

Home > Teaching Business English > Business English Lessons, Advanced Level # 242
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south african labour laws answer 1
The new law will do away with employers who have abused the independent contractor provision in South Africa's existing labour laws, but NMG-Levy labour consultant Brian Allen says 'legislative overkill' could affect genuine supplier relationships while wiping out this form of evasion.

Correct answer: (b) overkill

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south african labour laws, question 1 business buzzwords: south african labour laws, business management mba, what does overkill mean?

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south african labour laws answer 2
The NYSE applies program trading curbs whenever the NYSE Composite Index moves 150 points higher or lower than the previous day's closing price; this restriction stays in place until the NYA returns to within 70 points of the previous day's closing price or until the end of the trading day.

Correct answer: (d) curbs

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south african labour laws, question 2 farm business management, what does curbs mean? what is the definition for curbs?

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south african labour laws answer 3
The Joseph Effect, which harkens to the Hebrew slave who prophesied seven years of feast and famine, relates to the market's tendency to have a long-term memory-for example, a rise in stocks tends to be followed by additional increases.

Correct answer: (b) Joseph

Meaning of business term Joseph
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south african labour laws, question 3 business school mba, what does joseph mean? what is the definition for joseph?

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south african labour laws answer 4
I am therefore pleased to report that the second half did indeed show a solid improvement; we managed to more than reverse the first half loss and remain on stream for the trading performance to continue along this trend.

Correct answer: (d) stream

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south african labour laws, question 4 wealth management and business banking, what does stream mean? what is the definition for stream?

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south african labour laws answer 5
August was the cruelest month for Dell Inc, when it recalled 4.1 million laptop batteries because of fears they might ignite, announced a shockingly bad quarter and disclosed that the SEC has launched an investigation of its accounting; 'Dell is in the penalty box' admits founder Michael Dell.

Correct answer: (c) penalty

Meaning of business term penalty
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south african labour laws, question 5 business marketing management, what does penalty mean? what is the definition for penalty?

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south african labour laws answer 6
A Bo Derek stock is a perfect stock for investment — named after the gorgeous star of the movie '10'.

Correct answer: (a) Bo Derek

Meaning of business term Bo Derek
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south african labour laws, question 6 business buzzwords: south african labour laws, business integrity management, what does bo derek mean?

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south african labour laws answer 7
Most economists think it's unlikely the CNN effect will be enough to tip the U.S. economy back into recession; after all, the average American already watches four hours of TV a day.

Correct answer: (c) CNN

Meaning of business term CNN
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south african labour laws, question 7 mba master of business administration, what does cnn mean? what is the definition for cnn?

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south african labour laws answer 8
There's a saying in the stock world, that goes, "Don't fight the tape" — what this means is that when there's powerful selling going on against a stock, only the foolish step in and start buying, because the price is likely to continue to decline.

Correct answer: (c) tape

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south african labour laws, question 8 internationales business management, what does tape mean? what is the definition for tape?

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south african labour laws answer 9
Hedge fund managers will often call analysts and present a very persuasive argument as to why a stock deserves an upgraded rating; this hounding does not always lead an analyst to change his or her rating, but it works enough of the time for the practice to persist.

Correct answer: (d) hounding

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south african labour laws answer 10
Risk Management is the process of identification, analysis and either acceptance or mitigation of uncertainty in investment decision-making.

Correct answer: (d) Risk

Meaning of business term Risk
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south african labour laws, question 10 international business mba, what does risk mean? what is the definition for risk?

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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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