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Business English Exercises
 

A Strategic Alliance

Answers to test questions and links to explanations

Home > Teaching Business English > Business English Lessons, Advanced Level # 437
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a strategic alliance answer 1
Since the announcement of their strategic alliance, the two businesses are articulating plans to show how their partnership can create new ways for financial institutions to conduct business and engage their customers.

Correct answer: (a) articulating

Meaning of business term articulating
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a strategic alliance, question 1 a strategic alliance, taxes terms articulating, penetrated, augmenting, spectrum, what does articulating mean?

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a strategic alliance answer 2
Lenders and banks around the world are facing increasingly penetrated markets, so they are realizing that future gains may depend on their ability to expand the potential and value of their existing customer base.

Correct answer: (d) penetrated

Meaning of business term penetrated
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a strategic alliance, question 2 trading words fraught, spate, bona fide, steward, what does penetrated mean?

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a strategic alliance answer 3
"We can put financial institutions on the fast track to new levels of profitability and performance by augmenting our world-class business consultancy with our unique customer insight and predictive technologies," said their vice-president, Akio Shibata.

Correct answer: (b) augmenting

Meaning of business term augmenting
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a strategic alliance, question 3 accounting terminology straight, holding, war chest, what does augmenting mean?

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a strategic alliance answer 4
Their spokesman explained how this partnership can provide full spectrum partnering opportunities across many decision-making processes, from joint service offerings and integrated implementation to complete outsourcing.

Correct answer: (d) spectrum

Meaning of business term spectrum
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a strategic alliance, question 4 list of bonds words add-on, ratio, bought, formation, what does spectrum mean?

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a strategic alliance answer 5
He said, "This partnership is about NEC embellishing our solutions by spreading Yamashita decision technology to all facets of customer management, engagement and influence."

Correct answer: (b) embellishing

Meaning of business term embellishing
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a strategic alliance, question 5 lending credit vocab gathering, trustor, paid-in, what does embellishing mean?

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a strategic alliance answer 6
Financial institutions will be able to leverage Yamashita technology in new ways because of NEC's solid relationship with its customers' enterprises.

Correct answer: (c) leverage

Meaning of business term leverage
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a strategic alliance, question 6 a strategic alliance, mergers acquisitions words prime, arm-length, consensus, what does leverage mean?

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a strategic alliance answer 7
As a result of this relationship, NEC customers will enjoy improvement in long running analytics performance via grid enablement of key applications.

Correct answer: (b) grid

Meaning of business term grid
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a strategic alliance, question 7 mutual funds terms notes, anticipation, mutual, termination, what does grid mean?

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a strategic alliance answer 8
"NEC can rapidly carry us into geographies that we have not traditionally served and demonstrate to those financial institutions the value that can be realized from Yamashita's having touched so many transactions in the markets."

Correct answer: (c) realized

Meaning of business term realized
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a strategic alliance, question 8 real estate words sheer, at, perpetrate, out to, what does realized mean? what is the definition for realized?

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a strategic alliance answer 9
"NEC offers the caliber of consulting that can help institutions take much greater advantage of Yamashita technology," Shibata said.

Correct answer: (a) caliber

Meaning of business term caliber
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a strategic alliance, question 9 retirement words rethink, emanating, order, pervasive, eclipse, what does caliber mean?

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a strategic alliance answer 10
Citing an example, Shibata said that the partners are currently working to align fraud detection systems with ATM networks.

Correct answer: (a) align

Meaning of business term align
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a strategic alliance, question 10 terms of stock constituents, notions, composition, census, what does align mean?

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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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EFL/ESL Links: Cyber-criminals and Cyber-crime • Dividends words compromised, woefully, latched, slick • Cyber-criminals and Cyber-crime (Answers) • Real estate words sheer, at, perpetrate, out to • Gold Collateral • Brokerages term clearance, nonperiodic, bounced, credit, arm length • Gold Collateral (Answers) • Mutual funds terms notes, anticipation, mutual, termination • Minimizing Volatility • Ipos terminology dax, arbitrage, turnover, straight, rollover • Minimizing Volatility (Answers) • Mergers acquisitions words prime, arm-length, consensus • Manipulative Practices • Law estate terms performance, ordinary, conduits, relief • Manipulative Practices (Answers) • Lending credit vocab gathering, trustor, paid-in • Non-monetary Services • Currency vocab ex-legal, cusip, warranty, instruments • Non-monetary Services (Answers) • List of bonds words add-on, ratio, bought, formation • Banker's Acceptances • Banking term list real estate, master, joint, discount, crash of • Banker's Acceptances (Answers) • Accounting terminology straight, holding, war chest • Foreign Currency Risk Management • Business words flawed, fly, systemic, swings, taken • Foreign Currency Risk Management (Answers) • Trading words fraught, spate, bona fide, steward • ESL test: A Strategic Alliance • Terms of economy align, caliber, realized, grid, leverage • ESL Audio Online - English MP3 - English Pronunciation
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