Business English Vocabulary Challenge

What does 'revenue' refer to in a business context?

• Revenue is the total income generated from sales of goods or services.

• Revenue is the amount of money spent on marketing and advertising.

• Revenue is the total profit after expenses are deducted.

• Revenue refers to the total number of employees in a company.

Define 'stakeholder' in a business environment.

• A stakeholder is any individual or group with an interest in the success or failure of a business.

• A stakeholder is a customer who buys products from the business.

• A stakeholder is only the owner of a business.

• A stakeholder is a government official overseeing the business.

What is meant by 'market share'?

• Market share refers to the total revenue of a company in a year.

• Market share is the number of employees a company has in the industry.

• Market share is the percentage of an industry's sales that a particular company controls.

• Market share indicates the geographical area a company operates in.

Explain the term 'profit margin'.

• Profit margin is the total revenue generated by a business.

• Profit margin refers to the total expenses incurred by a company.

• Profit margin is the amount of cash a business has on hand.

• Profit margin is the percentage of revenue that remains as profit after all expenses are deducted.

What does 'liability' mean in financial terms?

• Liability refers to a company's assets and resources.

• Liability is the profit earned by a company in a fiscal year.

• Liability is a type of investment made by a company.

• Liability is a financial obligation or debt owed by a company.

Define 'capital' in a business setting.

• Capital is the market share held by a business.

• Capital refers to the physical assets owned by a business.

• Capital is the total number of employees in a company.

• Capital is the financial resources used by a business to fund its operations and growth.

What is the meaning of 'merger'?

• A merger is a legal term for a business loan agreement.

• A merger refers to the acquisition of a single company by another.

• A merger is the combination of two or more companies into a single entity.

• A merger is a type of investment strategy.

Explain the concept of 'brand equity'.

• Brand equity is the legal protection of a brand's logo and name.

• Brand equity is the value added to a product or service by a brand, based on consumer perception and loyalty.

• Brand equity is the total revenue generated by a brand.

• Brand equity refers to the physical assets of a company.

What does 'B2B' stand for?

• Business to Government

• Business to Employee

• Business to Consumer

• Business to Business

Define 'supply chain'.

• A supply chain is the financial plan for a company's budget.

• A supply chain is the network between a company and its suppliers to produce and distribute a specific product.

• A supply chain refers to the marketing strategy of a product.

• A supply chain is the process of hiring employees for a company.