This is the 700th most frequent Russian word.
готовится
"To prepare oneself" or "to get ready."
Here, 'готовится' means 'is preparing,' referring to the process of getting ready for something, in this case, an exam.
Она готовится к экзамену.
She is preparing for the exam.
In this sentence, 'готовится' implies that the family is taking actions or arranging things in anticipation of moving to a new place.
Семья готовится к переезду.
The family is preparing for the move.
Here, 'готовится' indicates striving or working towards achieving a significant goal or profession.