Business Terminology Quiz
8 Questions
2 Views

Business Terminology Quiz

Created by
@EndearingProtagonist

Questions and Answers

What is the equivalent term for 'Chief Executive Officer' in Spanish?

  • Ejecutivo principal
  • Oficial jefe
  • Primer ejecutivo (correct)
  • Director ejecutivo
  • Which term refers to the items available for sale or exchange in a business context?

  • Assets
  • Materials
  • Goods (correct)
  • Services
  • What does the term 'Market' refer to in a business setting?

  • A space for trading (correct)
  • All types of exchange
  • A client base
  • An economic region
  • Which of the following terms describes a temporary employment agreement?

    <p>Short-term contract</p> Signup and view all the answers

    What does 'Disadvantage' translate to in Spanish?

    <p>Desventaja</p> Signup and view all the answers

    Which of the following terms is used for the individual or entity that buys goods or services?

    <p>Customer</p> Signup and view all the answers

    What is the correct term for 'Feedback' in Spanish?

    <p>Feedback</p> Signup and view all the answers

    Which term best represents the role of an individual responsible for managing personnel within an organization?

    <p>Human Resources</p> Signup and view all the answers

    Study Notes

    Business Terminology

    • Advertisement (Publicidad): A public notice designed to promote products or services.
    • Afford (Costear): The ability to pay for something without financial strain.
    • Agenda (Agenda): A list or outline of items to be discussed in a meeting or event.
    • Agreement (Acuerdo): A mutual understanding or arrangement between two or more parties.
    • Authorization (Autorización): Official permission for an action or process.

    Financial Concepts

    • Benefit (Beneficio): An advantage or profit gained from something.
    • Bill (Cuenta): An itemized statement of costs for goods or services.
    • Budget (Presupuesto): A plan that outlines expected income and expenses.
    • Costs (Costos): The expenses incurred in the process of producing or purchasing goods and services.
    • Debt (Deuda): Money that is owed or due to another party.

    Business Operations

    • Business card (Tarjeta de presentación): A small card bearing personal or business information.
    • Business trip (Viaje de negocios): Travel undertaken for business purposes rather than personal use.
    • Company (Empresa): A legal entity formed to conduct business activities.
    • Department (Departamento): A distinct segment within a company, responsible for specific tasks.
    • Employee (Empleado): An individual hired to provide services to a company.

    Management and Strategy

    • Chief Executive Officer (Primer ejecutivo): The highest-ranking executive in a company responsible for overall management.
    • Director (Director): A person who leads or manages a department within a company.
    • Goal (Meta): A specific target or outcome that an individual or organization aims to achieve.
    • Strategy (Estrategia): A plan of action designed to achieve a long-term or overall aim.

    Sales and Marketing

    • Brand (Marca): A name, term, design, or symbol that identifies and differentiates a product from others.
    • Market (Mercado): The arena in which commercial dealings occur, including consumers and businesses.
    • Profit (Ganancia): The financial gain after subtracting expenses from revenue.
    • Sales (Ventas): The exchange of goods or services for money.
    • Marketing (Mercadeo / Comercialización): The process of promoting and selling products or services.

    Employment and Contracts

    • Full-time job (Jornada completa): Employment requiring the worker to complete a set number of hours each week.
    • Part-time job (Media jornada): Employment involving fewer hours than a full-time job.
    • Permanent contract (Contrato fijo): An employment agreement without a set end date.
    • Short-term contract (Contrato temporal): An employment agreement with a specified duration.

    Economic Indicators

    • Deficit (Déficit): A situation where expenses exceed revenue.
    • Growth (Crecimiento): An increase in economic activity or company revenue over time.
    • Interest (Interés): The cost of borrowing money expressed as a percentage of the amount borrowed.
    • Risk (Riesgo): The potential for loss or damage in business.

    Transportation and Logistics

    • Exporter (Exportador): A person or company that sells goods to foreign markets.
    • Importer (Importador): A person or company that brings goods into a country for sale.
    • Transport (Transporte): The process of moving goods or services from one location to another.
    • Round-trip flight (Viaje de ida y vuelta): A flight that departs and returns to the same location.

    Miscellaneous Concepts

    • Feedback (Feedback): Information provided regarding reactions or assessments of a product or service.
    • Inventory (Inventario): A list of goods and materials in stock.
    • Unique Selling Proposition (Propuesta de ventas): An attribute that makes a product stand out from competitors.
    • Waiting list (Lista de espera): A list of individuals waiting for an opportunity, often for services or products that are currently unavailable.

    Studying That Suits You

    Use AI to generate personalized quizzes and flashcards to suit your learning preferences.

    Quiz Team

    Description

    Test your knowledge of essential business terminology and financial concepts with this quiz. From advertisements to agreements, this quiz covers a wide range of terms that are crucial for understanding the business world. Challenge yourself and enhance your vocabulary today!

    More Quizzes Like This

    Accounting Basics Quiz
    30 questions

    Accounting Basics Quiz

    SensibleStream4503 avatar
    SensibleStream4503
    Business Finance Terminology
    17 questions
    Cost Terminology in Business Accounting
    24 questions
    Financial Management Chapter 12 Quiz
    20 questions
    Use Quizgecko on...
    Browser
    Browser