Money/ business and consumerism (Medium) Quiz Home โบ IELTS โบ IELTS English Vocabulary โบ Money/ business and consumerism (Medium) ๐ IELTS – English Vocabulary – Money/ business and consumerism – Medium 20 questions ยท 15 min timer ยท Explanations included ยท Free 1. What is a 'monopoly' in business terms? A market with many competitors. A market dominated by a single seller. A market with perfect competition. A market with no competition. None 1 out of 18 2. What is 'outsourcing'? Hiring more employees within the company. Contracting work out to external organizations. Reducing the workforce to save costs. Investing in new technology. None 2 out of 18 Loading questions... 3 out of 18 Loading questions... 4 out of 18 Loading questions... 5 out of 18 Loading questions... 6 out of 18 Loading questions... 7 out of 18 Loading questions... 8 out of 18 Loading questions... 9 out of 18 Loading questions... 10 out of 18 Loading questions... 11 out of 18 Loading questions... 12 out of 18 Loading questions... 13 out of 18 Loading questions... 14 out of 18 Loading questions... 15 out of 18 Loading questions... 16 out of 18 Loading questions... 17 out of 18 Loading questions... 18 out of 18 Click Submit to see your final score! Previous Start Quiz Next Time's upTime is Up!