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Choose the alternative that best suits the context




1. is the business of selling goods in large quantities and usually at low prices.

a) retailing b) wholesaling c) franchising

 

2.... are large shops which sell a wide variety of products.

a) Department stores b) Greengrocery c) Grocery

 

3. When two or more people want to start a business together they can set up a .

a) concern b) corporation c) partnership

 

4. The line was shut down for two hours as a result of damaged machinery.

a) delivery b) production c) control

 

5. Information on prices is available to brokers throughout the world.

a) share b) production c) trading

 

6. Hewlett Packard is known as one of the most reputable in the electronic and computer industry.

a) customers b) buyers c) suppliers

 

7. During the bear market a lot of firms went .

a) ahead b) bankrupt c) melding

 

8. Monthly salaries of our staff go directly into their .

a) interests b) invoices c) accounts

 

9. If you own some shares of a company, you receive per share.

a) dividends b) interest c) salary

 

10. He asked his parents if they would pay off his .

a) debts b) liabilities c) rents

 

11. We are planning to $3 million on advertising.

a) lose b) invest c) spend

 

12. act as agents in buying and selling shares.

a) Wholesalers b) Brokers c) Investors

 

13. He most of his savings in the Stock Exchange.

a) gave b) fixed c) invested

 

14. To acquire in the company which you work for may prove advantageous.

a) a stake b) an investment c) part

 

15. If I open a saving account I will receive .

a) a share b) an interest c) a benefit

 

16. receive income, known as a dividend, from the companies in which they invested.

a) Stockbrokers b) Shareholders c) Owners

 

17. In order to raise capital the company intends to issue shares .

a) on the consumer market b) on the production market
c) on the stock market

 

18. Of course, our goods are not very cheap, but the prices are quite for the average consumer.

a) costly b) reasonable c) high

 

19. Our company specialized in producing goods.

a) consumer b) consumerism c) consumption

 

20. can result if you have no more income to pay your debts.

a) Transfer b) Bankruptcy c) Discount

 

21. Banks very high rates of interest on credit loans.

a) offer b) pay c) charge

 

22. Some strategic industries, such as Atomic Energy and Defence, are too important to be left in hands.

a) public b) private c) government

 

23. Ukrainian business is a lot of foreign capital.

a) importing b) investing c) attracting

 

24. Wed like to know your views on the possibility of a venture with our company.

a) capital b) joint c) business

 

25. fix their own commissions for buying and selling shares.

a) Stockbrokers b) Retailers c) Wholesalers

 

26. This alliance will help our companies survive in the fiercely market of today.

a) contrasting b) contemporary c) competitive

 

27. The of Harley-Davidson Motor Company are people with a high average income.

a) suppliers b) target market c) budget

 

28. The successful candidate should have at least 3-year in office management.

a) qualifications b) experience c) efficiency

 

29. Our company is determined to so that we might reach our full potential.

a) increase b) recess c) expand

 

30. is the term given to different activities involved in distributing goods from the manufacturer to the final customer.

a) Distribution b) Marketing c) Retailing

 

31. An advertisement on radio or television is called a .

a) movie b) sales program c) commercial

 

32. is used to increase sales by making the product or service known to a wider audience.

a) Advertising b) Promotion c) Research

 

33. If you pay Ill give you a 5% discount.

a) price b) cash c) bill

 

34. Theyve just launched an advertising .

a) promotion b) company c) campaign

 

35. An amount of money required to start or expand a business is .

a) rent b) capital c) loan

 

36. People who buy goods or services are .

a) users b) customers c) suppliers

 

37. People who work inside a company are its .

a) customers b) suppliers c) employees

 

38. Last year we increased our market .

a) stock b) stake c) share

 

39. She put all her money into government .

a) investment b) shares c) bonds

 

40. The firm attempted its nearest competitor.

a) to take after b) to take over c) to take off

 

41. I for the position of a production manager.

a) applied b) employed c) recruited

 

42. We suggest you the high quality product, which is not expensive .

a) to discount b) to buy c) to invent

 

43. Our is to increase the market share within a few months.

a) responsibility b) ambitions c) objective

 

44. situation is stabilizing at present.

a) Economy b) Economic c) Economical

 

45. They are very in their expenditures

a) economics b) economic c) economical

 

46. Fixed assets are what a company .

a) owes b) sells c) owns

 

47. Current liabilities are what a company .

a) invests b) owes c) buys

 

48. Wealth used to produce more wealth is called .

a) liabilities b) goods c) capital

 

49. Balance sheet is a statement of how much has come in and how much has gone out.

a) capital b) money c) shares

 

50. Im a salesman and work in the department.

a) Advertising b) Accounting c) Export

 

51. New technologies make global easier.

a) market b) communication c) travelling

 

52. Yon can buy the same software quite at our local market.

a) reasonable b) cheaply c) free

 

53. He bought stocks during the market, when the share prices were the lowest, and sold them when they rose.

a) bear b) bull c) boom

 

54. A movement to a more important job, with more responsibility and money is .

a) recruitment b) career c) promotion

 

55. To do business, to buy and sell is to .

a) do research b) trade c) perform

 

56. To make the necessary arrangements for starting a business means to .

a) maintain a business b) reorganize c) set up a business

 

57. A great number of companies in Russia were by the 1998 financial crash.

a) affected b) infected c) effected

 

58. Due to our new supply system more products are to consumers and supply costs are lower.

a) reduced b) limited c) available

 

59. Our company has 220 at present.

a) employers b) employees c) workforce

 

60. Big companies cannot rely exclusively on their markets. They have to become more international in their outlook if they want to survive.

a) consumer b) competitive c) domestic

 

 


 

VOCABULARY

 

abandon (v) ,
abolish (v) ;
accept deposits (v) ()
accept the job offer
acceptable
accessible ,
account 볺, ,
accountant
accounting department
accounting records ,
accumulate (v)
accurate ,
accuse (v) ( -of)
achieve (v) ,
acquire (v)
adequate , ,
administer trade agreements (v)
administration , (); ,
advantage
advertise (v)
advertisement (advert, ad) ;
advertising ; ;
advertising agency
advertising campaign
advertising media
affect (v)
aim ,
allocate (v) (); ,
amount ,
annual report
annual salary ()
anticipate (v) ;
applicant , ; , ;
application ;
application form ,
apply for (v) ,
appoint (v) , ( )
approach
appropriate ,
arbitrarily ;
assemble (v)
assets ,
assets and liabilities
at an advantageous price
at the checkout
attractive ;
audit ; , ; -
auditing ; ;
auditor ;
auditor , -
authority , ;
available ,
balance of trade
balance sheet ;
banking
banking facilities ,
bankrupt
bankruptcy
barrier
be due for (v) ;
be engaged in (v)
be in a state of insolvency / be insolvent
be in business (v) ,
be in charge of (v)
be liable for
be offended (v)
be self-employed (v) ;
beads ;
bear market , ;
benefit ; , ;
benefits package
bill ( , )
bind (v) ( ..)
blue-collar worker ; (, )
Board of Directors ,
bond
bonus
bookkeeping ;
books
borrow (v) ( - from)
borrowing ();
bow (v)
brand image
bricks-and-mortar
brief ;
broadcasting
brown goods , ,
browser ()
budget ,
budget for, v
budgeting
bug
bull market , ;
business , , , , ,
businesspeople
buyout ,
capital goods ;
carry out (v) ,
cash cow
cash flow
cash flow statement ()
cause offence to smb (v) ()
Central bank
certified public accountant (AmE) / chartered accountant (BrE) ; -
Chairman of the Board
charge (v) ,
classify (v)
clicks-and-mortar
client 볺, ,
closure ,
coin
colleague/co-worker ,
combine (v)
commercial bank
commission ,
commodity market
commodity market
communicate (v) (-to),
company ,
compensation package
compile (v) ; ( )
complete the form (v)
conglomerate
consortium
consume (v)
consumer
consumer products ,
consumer protection
consumer taste
consumerism ( )
consumption
contribute to (v) ; ()
control device ,
controlling share ,
convenience goods
corporate advertising
corporate website -
corporation
costs , ; ,
covering letter
creative accounting ( )
credit card
creditor
crime ;
current assets (),
current liabilities ()
curriculum vitae (CV, BrE) ,
custom
customer , 볺,
customer , 볺,
data
day-to-day
deal
deal with (v) (); 볺, ( )
dealings (pl.) ; ()
debt ;
debt factoring
decline
define (v)
demand ,
depend on (v)
deposit ,
derivative instrument/derivative
desire ; ;
desktop
direct costs
direct debit
dismiss (v) ( )
dismissal
display , ;
display (advertising) ()
distribute (v) ;
distribution ; ; ;
diversify (v) ,
diversify (v) ();
divest of (v) ; ;
do business (v) ,
dos and donts
dog ,
domain name , ,
domestic ,
dominate (v) , ; ,
download (v)
earn (v)
E-commerce/online trading
efficient
electronic mail box
e-mail
embarrasment ; ;
emerge (v) ,
employee , ,
employer ,
employment , ;
employment contract
employment/ recruitment agency
enquiry ;
ensure (v) ,
enterprise
entrepreneur
establish a business (v)
evaluation , ; ()
exceed (v)
exchange control
executive (exec) , , ;
expand a business (v)
expenditure ; ,
expenses/expenditure ,
extra capital
failing company ; , ;
fast-moving consumer goods
fee ; ;
Finance department
financial enticement
financial performance ()
financial records , ()
financial reserves
financial statement ()
finished products
fire (v) .
firm
fiscal affairs
fiscal year ;
fixed assets ;
fixed costs
fixed rate of interest
fixed-term contract
flexible
flyer
foreign exchange
foreign exchange (forex) market
framework ; ;
free trade
freight ,
fringe benefits/perks
futures , ,
generate, (v)
generous ; ;
gift
gilt-edged security /gilt (BrE)
go bankrupt/ go bust (v)
go into liquidation/into receivership (v)
go out of business (v)
golden goodbye/golden handshake/golden parachute / - ( , ; , , , , )
golden hello ; , ,
government accountant
grant ; , ;
growth
hacker
handle (v) ()
hardware
Head of a company
headhunter ,
hire (v) ()
hire purchase
hoarding (BrE)/billboard (AmE) , , ,
hold (v)
hold a position (v)
holding company
hostile takeover ( ) ;
hourly-paid staff ,
Human resources (HR) ,
Human Resources department
identifier ;
impact
implement (v) ,
impulse goods
in advance
income ; ;
indication , ;
indirect costs ,
industrial products
industry , ,
insurance
interest ; ; ( ); ,
interest rate /
internal audit
international trade
interviewee , ;
interviewer
introduce/launch (a product) on to the market (v)
investigate (v) ,
investment bank
invisible exports (imports) ()
involve (v) ,
job description /;
job rotation ;
job security , , ,
job title
jobseeker ,
join (v) ᒺ,
joint venture
keep trade policy (v)
laptop
lay off (v) ; .
layoff (. - ), -
leaflet ,
leasing ,
legal entity
legal ground rules
lender ,
limited liability company
living standard
loan
location ,
long-term liabilities ()
loss leader , ,
make a bid (for something) ( )
make a decision (v)
make a loan (v) ,
make an acquisition
make redundant (v)
malfunction
manage customers accounts (v) 볺 ( -)
Managing Director
manual worker
manufacturing sector
market
market (a product) (v) ; -
market leader ,
market niche , -
market research () ;
market segment
market share
market-driven / market-led / market-oriented
marketer/marketeer , , -
Marketing department
marketing mix ,
marketing strategy
market-maker ,
master budget ,
measure of value
media , /
medical insurance
medium of exchange
meet the needs (v)
merchandise ()
merchant bank
merge (v) , ᒺ,
merger ,
message ,
money spinner ,
monitor (v) , ,
monthly-paid staff ,
mortgage ; ;
motivate (v)
multinational , -
Mutual Fund (AmE) ;
national producer
nationalize (v)
needs
network
objective ,
obvious ; ,
offer (v)
on the payroll ()
on the verge of (bankruptcy) ()
operating plan
option , 쳺 ( 쳿 )
outplacement ,
output ; , ; ;
outside/external/independent audit
overdraft ;
overhead costs/overheads
oversee (v) , (, )
own (v)
owner
package (v)
palmtop
paper bills
parent company -; , 䳺 ,
partnership/general partnership
part-time worker ,
pass a law (v)
patience ,
pay off the debts (v)
payroll
pension
pension plan
permanent job
personal assistant -
personnel ,
Personnel department
persuade (v)
persuade (v) ,
point of sale
portfolio
post
poster ; ;
premises ;
preserve (v) ;
price
primary ;
private accountant
private limited company (BrE) /limited liability company (AmE)
private sector
privatize (v)
product ; ;
product life cycle
Production department
profit
profit and loss account (P&L)/income statement ; ;
profitable
profitable , ;
promise
promotion ()
protect (v)
protectionist measures
provide services (v)
public
public limited company (BrE)/ listed company (AmE)
public relations (PR) expert
public sector
publicity ; ; ;
publicity , ;
pull out (v)
purchase ,
purchase (v) ,
purchasing power
purpose
pursue (v) ()
quit ones job (v) ; ;
quota
raider ( -, )
raise capital (v) ,
raise finance (v)
rate of interest
raw materials  
receipt  
receivables ; ,  
receiver / administrator / liquidator ; , -  
record (v) ;  
recruit (v)  
recruitment ();  
redundancy ; ()  
redundancy payment ( )  
reference  
reflect (v)  
regulation  
reject (v)  
relationship  
reliability  
relocate (v) ,  
remain (v)  
remuneration ; ;  
rent on properties  
repay (v) ( ); ()  
report to (v) ;  
resale  
rescue (v)  
research (v) ,  
Research and Development department  
resign (v) ; ;  
respond (v) ; , ( )  
restriction
restructure (v) ,
resume (AmE)
retail trade
retain (v) ;
retained profit
retire (v) , - ( ),
retrieve (v) , ()
revenue ; ;
review ;
run a business (v)
run costs (v) ,
sack (v)
safeguard (v) (),
safety
salary
Sales department
satisfy (v)
savings account
savings bank
search (v)
securities
sell-off
senior executive /manager   top executive/manager   ™   ,
separate
service sector
set up a business (v)
settle trade disputes (v)
share
share issue share flotation share offering     ,  
share option (, . .
shareholder
shopping goods
sign (v)
simplify (v)
single currency
sister company
skills
software
sole trader/sole proprietorship
specialize (in something) (v)
specialty goods ,
spell out (v) ;
stable
staff , ( )
staff appraisal
stake (), (),
standing order
start-up
statement ,
stock exchange
stock market
stockbroker /
store (v)
store of value
strengths
subscriber
subsidiary , ,
succeed (v) ,
suit (v) ,
superior ,
supervisor ; ( ); ;
supply
support ,
surf the Net (v) ,
survive (v) ;
sustainable
swap ,
take early retirement (v) ( )
take into consideration (v)
take over (v) ()
target customer
target market
tariff
tax
team , ,
temporary job
term




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