VOCABULARY FOR UNIT 2
-Outlet noun
/ˈaʊtlet/
1.A device in a wall that you put a plug into to connect electrical equipment to the power
supply
2.A shop or an organization that sells goods made by a particular company or of a
particular type
Synonym: Retailer, Bountique
Eg: Van Hanh mall contains various retail outlets.
-Subsidiary noun
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/səbˈsɪdiəri/
1. is secondary or auxiliary, providing assistance or support to a primary entity
2. a company that is owned or controlled by another, larger company
Synonym: Affiliate, branch
Eg: After being acquired by Tesla, SolarCity became a subsidiary specializing in solar energy
solutions.
-Administration noun
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/ədˌmɪnɪˈstreɪʃn/
1. the activities that are done in order to plan, organize and run a business, school or other
institution
Synonym: Management, control
The hospital's administration is responsible for managing its finances and operations