Business English Vocabulary Quiz

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Questions and Answers

What is the role of a CEO in a company?

  • Manager of the supply chain
  • Stakeholder
  • Head of a department
  • Chief Executive Officer (correct)

What is the term for the total income of a company?

  • Revenue (correct)
  • Assets
  • Profit
  • Equity

What does the idiomatic expression 'to break even' mean?

  • To surpass expectations
  • To dominate the market
  • To go bankrupt
  • To reach the breakeven point (correct)

What is the term for the chain of supply?

<p>Supply chain (D)</p> Signup and view all the answers

Which of the following verb tenses is used to describe experiences or recent actions?

<p>Present perfect (D)</p> Signup and view all the answers

What is the term for the debts or obligations of a company?

<p>Liabilities (C)</p> Signup and view all the answers

What is the correct structure of a formal email?

<p>Introduction, Body, Closing (D)</p> Signup and view all the answers

Which of the following modal verbs is used to express permission?

<p>May (D)</p> Signup and view all the answers

Which of the following prepositions is used to indicate a specific time?

<p>At (A)</p> Signup and view all the answers

What is the primary purpose of analyzing economic articles?

<p>To identify the main ideas and supporting details (D)</p> Signup and view all the answers

What is the correct structure of a business report?

<p>Introduction, Findings, Conclusion, Recommendations (A)</p> Signup and view all the answers

Which of the following skills is essential for understanding written texts?

<p>Analyzing economic articles (C)</p> Signup and view all the answers

What is the primary purpose of listening to conversations and speeches in a business context?

<p>To practice with business podcasts and recorded meetings (C)</p> Signup and view all the answers

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Study Notes

Business English Vocabulary

  • Revenue: Total income of a company.
  • Profit: Net gain after subtracting expenses.
  • Loss: Financial loss.
  • Assets: Resources owned by the company.
  • Liabilities: Debts or obligations of the company.
  • Equity: Net worth of the company.
  • CEO: Chief Executive Officer, general director.
  • Manager: Head of a department or area.
  • Stakeholder: Interested party (e.g., investors, employees).
  • Market share: Market quota.
  • Supply chain: Chain of supply.
  • "To break even": Reach the breakeven point.
  • "To corner the market": Dominate the market.
  • "To go the extra mile": Make an extra effort.

Grammar and Structure

  • Verb Tenses:
    • Present simple: Daily uses, e.g., "He works every day."
    • Present continuous: Ongoing actions, e.g., "He is working now."
    • Past simple: Completed actions, e.g., "He worked yesterday."
    • Past continuous: Ongoing actions in the past, e.g., "He was working when I called."
    • Present perfect: Experiences or recent actions, e.g., "He has worked here since 2010."
    • Future tenses: Plans and predictions, e.g., "He will work tomorrow," "He is going to work next week."
  • Forming Questions and Negatives:
    • Questions: "Do you work here?"
    • Negatives: "He doesn’t work here."
  • Using Modals:
    • Ability and possibility: Can, Could
    • Permission: May, Might
    • Obligation and necessity: Must, Have to
    • Advice: Should
  • Comparatives and Superlatives:
    • Comparatives: "More efficient"
    • Superlatives: "The most efficient"
  • Prepositions of Time and Place:
    • At for times: "at 5 PM"
    • On for days: "on Monday"
    • In for months and years: "in 2020"

Writing Skills

  • Writing Formal Emails:
    • Structure: Greeting, Body, Closing
    • Example: "Dear Mr.Smith, I am writing to inform you..."
  • Writing Business Reports:
    • Structure: Introduction, Findings, Conclusion, Recommendations
  • Preparing Presentations:
    • Structure: Introduction, Main Points, Conclusion
  • Business Letters:
    • Types: Inquiry, Offer, Complaint
    • Example Phrases: "We are pleased to offer you..."

Reading Comprehension

  • Analyzing Economic Articles:
    • Identifying main ideas and supporting details
  • Understanding Business Documents:
    • Interpreting charts, graphs, and financial statements
  • Summarizing Complex Texts:
    • Summarizing key points clearly and concisely

Listening and Speaking

  • Listening to Conversations and Speeches in a Business Context:
    • Practice with business podcasts and recorded meetings
  • Role-Play Exercises:
    • Simulations of meetings, negotiations, and job interviews
  • Oral Presentations on Economic Topics:
    • Structuring a business presentation: Introduction, Data, Conclusion

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