Vocabulary Review: Rephrasing
I: Rephrasing words and expressions
Rewrite the following
sentences. Replace the words and expressions in italics
with
expressions from the text which have the same meaning.
1. When economists use the
word "market," they mean conditions which set
the price
of a product, for example, the amount
of product
available for sale and the desire
for the
product on the part of customers.
2. In the past the concept
of marketing considered
selling most important.
3. Marketing used to
be the
activity of
determining how
to sell the product.
4. Marketing also involved
the transportation
of the
product to places where it was actually sold.
5. Distribution consists of
transportation, warehousing,
and
related services such as providing
credit and
ensuring
uniformity of size and quality.
6. The modern marketing
concept includes
all of the
activities mentioned above.
7. It believes
that
production can be economically justified only through
sales to willing buyers.
8. Marketing now involves
first determining
what the
customer wants, and then planning
and
producing a product to fulfill
those
wants.
9. Many markets are a
great distance from
the place of production.
10. A
shipment of finished products is
usually less
bulky and
requires quicker delivery.
