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WorksheetsBUSINESS ENGLISH 1
Total questions: 27
Worksheet time: 31mins
WHAT ARE THE MAIN CHARACTERISTICS OF A MIXED ECONOMY?
WHAT IS THE DIFFERENCE BETWEEN DOMESTIC TRADE AND FOREIGN TRADE?
DEFINE SCARCITY AND ITS ROLE IN ECONOMY?
DESCRIBE THE PRODUCTION PROCESS
What benefits has IT brought to business and industry?
Which of the following best describes a service?
it is tangible
it is beneficial for the customer
it can be owned
it is limited to the delivery of goods
What is the main goal of a production process?
to make profit
to be competitive and efficient within a product or service
to use the maximum number of inputs
People wants ...
are essential for their survival
refer to things that are necessary
are infinite
Which statement best defines "human capital"?
The number of people working in a company
The amount a company pays its employees
The amount a company invests in training its workers
In production factors, LAND refers to
machinery
Air and sunlight
The warehouse
Employees and factory workers
What does the term "shelf life" mean?
the time it takes to manifacture goods
the time it takes to sell specific products
the time certain goods can be kept and still used
Sustainable trade is a trade that ...
contributes negatively to economic and environmental development
does not damage the social and the ecological environment
looks after profit as a main goal
Which of the following is an example of SECONDARY SECTOR production?
Coal extraction
automobile manufacturing process
financial services
The fair trade movement wants to get a fair deal for .....
costs of production
workers in developed countries
workers and producers in developing countries
The logistics department of a company deals with ....
the manufacture of goods
the flow of goods
the purchase of goods
Marketing refers to ....
how products are manufactured
how products are advertised
how goods are brought to supermarkets
A wholesaler ....
buys goods in bulk from the producer
sells goods at higher price than retailers
buys goods directly from the retailer
The purchasing department ....
orders supplies and materials
checks the quantity of supplies and materials
receives orders from customers
Green Economy refers to ...
the production of fruit and vegetables
a political party
the efficient use of energy and resources
Someone who sells products to the public is ...
a retailer
a wholesaler
a consumer
The process of making finished goods is ...
farming
manufacturing
breeding
E-commerce ..... with the widespread use of technology
enters
became popular
facilitate
People can ....... about products using a combination of old and new media
become popular
facilitate
gather information
A person sells his TV set on eBay is an example of
B2B
B2C
C2C
C2B
A cinema that sells tickets online is an example of
B2B
B2C
C2C
C2B
HOW DOES FRANCHISING WORK?
WHAT IS CROWDSOURCING?
