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English Business Vocabulary for level B1

Quiz by Grzegorz Zielinski

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10 questions
Show answers
  • Q1
    What does the term 'break-even' mean in business vocabulary?
    The process of dividing a large market into smaller, more manageable segments based on specific characteristics or criteria.
    The act of promoting and selling products or services directly to consumers through various channels.
    The process of hiring and training new employees to fill job vacancies within a company.
    The point at which total revenue equals total costs, resulting in neither profit nor loss.
    A document that outlines the goals, strategies, and actions to be taken for marketing a product or service.
    30s
  • Q2
    What is the meaning of the word 'benchmark' in business vocabulary?
    A document issued by a seller to a buyer, detailing the products, quantities, and prices of goods or services.
    A standard or point of reference against which things may be compared or assessed.
    A financial statement showing a company's revenues, expenses, and profits over a period of time.
    A strategic plan outlining the goals and objectives of a company for a specific period of time.
    A written agreement between two or more parties detailing the terms and conditions of an arrangement.
    30s
  • Q3
    What does the term 'ROI' stand for in business vocabulary?
    Return on Investment
    Risk of Inflation
    Revenue on Investment
    Rate of Income
    30s
  • Q4
    What is the meaning of the term 'synergy' in business vocabulary?
    A planned event or meeting where individuals gather to discuss and exchange information or ideas.
    A company's financial statement that shows its revenues, expenses, and profits.
    The process of controlling and managing the flow of goods or services from origin to consumption.
    The interaction or cooperation of two or more organizations, substances, or other agents to produce a combined effect greater than the sum of their separate effects.
    An official written acknowledgment of an agreement, contract, or transaction.
    30s
  • Q5
    What is the meaning of the term 'market share' in business vocabulary?
    The process of determining the value or worth of a company or asset.
    The percentage or proportion of the total available market that is captured by a company or product.
    The process of analyzing, organizing, and managing a company's financial records and transactions.
    A detailed plan outlining the steps and actions to achieve a specific goal or objective.
    A legally binding agreement between a buyer and a seller for the purchase of goods or services.
    30s
  • Q6
    What does the term 'networking' mean in business vocabulary?
    The practice of reducing costs and improving efficiency in business operations and processes.
    A document that outlines the terms and conditions of employment between an employer and an employee.
    The process of analyzing market trends, competition, and customer behavior to inform business decision-making.
    The act of selling products or services directly to customers without the need for intermediaries.
    The process of establishing and maintaining relationships with people who may be able to provide opportunities, knowledge, support, or referrals in a professional context.
    30s
  • Q7
    What does the term 'SWOT analysis' stand for in business vocabulary?
    Stocks, Wealth, Options, Trading
    Strategies, Workforce, Operations, Technology
    Strengths, Weaknesses, Opportunities, Threats
    Sustainability, Waste reduction, Optimization, Training
    Sales, Wages, Output, Taxes
    30s
  • Q8
    What does the term 'cash flow' mean in business vocabulary?
    The act of attracting, recruiting, and selecting qualified individuals to fill job positions within a company.
    The process of analyzing and interpreting financial statements to assess a company's financial performance and position.
    The movement or flow of money into and out of a company, including income, expenses, and investments.
    A legally binding agreement between two or more parties, detailing their respective rights and obligations.
    The practice of utilizing information technology to store, retrieve, transmit, and protect digital data.
    30s
  • Q9
    What is the meaning of the term 'liability' in business vocabulary?
    A financial statement showing a company's revenues, expenses, and profits over a period of time.
    An obligation or debt owed by a company or individual, often arising from past transactions or events.
    A group or collection of products or services that are offered by a company or individual.
    The process of buying goods or services from external suppliers rather than producing them internally.
    The practice of identifying, attracting, and retaining customers through strategic marketing efforts.
    30s
  • Q10
    What is the meaning of the term 'dividend' in business vocabulary?
    A type of tax imposed on the transfer of property or assets from one individual or entity to another.
    A sum of money paid regularly by a company to its shareholders out of its profits.
    The process of identifying, evaluating, and managing potential risks that may affect a business or organization.
    A legally binding agreement between two or more parties detailing the terms and conditions of an arrangement.
    The act of promoting and selling products or services directly to consumers through various channels.
    30s

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