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Questions and Answers
What is the role of a CEO in a company?
What is the role of a CEO in a company?
What is the term for the total income of a company?
What is the term for the total income of a company?
What does the idiomatic expression 'to break even' mean?
What does the idiomatic expression 'to break even' mean?
What is the term for the chain of supply?
What is the term for the chain of supply?
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Which of the following verb tenses is used to describe experiences or recent actions?
Which of the following verb tenses is used to describe experiences or recent actions?
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What is the term for the debts or obligations of a company?
What is the term for the debts or obligations of a company?
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What is the correct structure of a formal email?
What is the correct structure of a formal email?
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Which of the following modal verbs is used to express permission?
Which of the following modal verbs is used to express permission?
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Which of the following prepositions is used to indicate a specific time?
Which of the following prepositions is used to indicate a specific time?
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What is the primary purpose of analyzing economic articles?
What is the primary purpose of analyzing economic articles?
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What is the correct structure of a business report?
What is the correct structure of a business report?
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Which of the following skills is essential for understanding written texts?
Which of the following skills is essential for understanding written texts?
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What is the primary purpose of listening to conversations and speeches in a business context?
What is the primary purpose of listening to conversations and speeches in a business context?
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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
Studying That Suits You
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Description
Test your knowledge of common business English terms, including financial concepts, corporate roles, and industry jargon.