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vocabulary

Total questions: 54

Worksheet time: 54mins

Name
Class
Date
1.

a general rise in the prices of services and goods in a particular country, resulting in a fall in the value of money

(a)  

2.

a person whose job is to sell goods in a shop, store.

(a)  

3.

a person who buys goods in bulk from a producer and then sells them in smaller quantities to retailers or other wholesalers, earning a profit either by charging a commission to the retailer or by adding to the manufacturer’s price

(a)  

4.

a small plastic card which can be used as a method of payment, the money being taken from you at a later time

(a)  

5.

a public event at which things are sold to the person who offers the most money for them.

(a)  

6.

something that makes trade between two countries more difficult or expensive, for example a tax on imports.

(a)  

7.

a part of the profits of a company for a particular period of time that is paid to shareholders for each share that they own

(a)  

8.

a regular payment made for a person after he/she has retired from active work.

(a)  

9.

the last line on a financial document which shows the final result (total profit once all costs have been deducted)

(a)  

10.

a company’s profit for a particular period of time not paid out in dividends to people owning shares, but put into its reserves.

(a)  

11.

a financial statement showing revenue, expenditure and profit from operations during a given period.

(a)  

12.

the four different components of marketing

(a)  

13.

a regular payment made for a person after he/she has retired from active work.

(a)  

14.

bringing the best possible advantages in relation to costs.

(a)  

15.

selling products without the authorization of the trademark owner

(a)  

16.

developing a wider range of products in order to be more successful or reduce risk.

(a)  

17.

the arrangements that are needed for goods, materials, equipment, and people to be in the right place at the right time

(a)  

18.

transferring work to an outside supplier

(a)  

19.

someone who works for different companies and is not employed by one, usually receives fixed payments and not a salary.

(a)  

20.

an asset that is physical and can be valued easily, rather than an intangible asset that is difficult to value

(a)  

21.

a company that does business using the Internet or provides a service on the Internet

(a)  

22.

a market where company shares are traded

(a)  

23.

two or more companies make a joint investment in a project without actually merging.

(a)  

24.

a person who works under a more senior member of staff

(a)  

25.

a creation of new company by joining two separate companies

(a)  

26.

when one company buys another one, or part of another one

(a)  

27.

a document showing the state of the finances of an organization or business.

(a)  

28.

when a well-known person says in an advertisement how good they think a product is.

(a)  

29.

an option given to executive employees allowing them to buy shares in the company at a favourable price.

(a)  

30.

the act of choosing a person for a job or position of responsibility

(a)  

31.

an official action or decision that has happened in the past and that is seen as an example or a rule to be followed in a similar situation later.

(a)  

32.

the process of giving somebody work or responsibilities that would usually be yours

(a)  

33.

(awareness / attention, interest, desire, action) a description of how advertisements for a product should work, by first catching people’s attention and making them interested in the product, and then persuading them to want to buy it

(a)  

34.

the idea that companies should think globally, but use methods in each particular place that are suited to it

(a)  

35.

to decide to soon that something is true

(a)  

36.

to make something different from other things

(a)  

37.

a set of products of a particular type

(a)  

38.

the government department responsible for collecting the tax on goods that have been brought into the country and making sure that illegal goods are not imported or exported.

(a)  

39.

the idea that companies should think globally, but use methods in each particular place that are suited to it.

(a)  

40.

to make or change something according to the buyer’s or user’s needs

(a)  

41.

a meeting at which people have formal discussions

(a)  

42.

people who will buy company’s products in the future

(a)  

43.

advice, criticism or information of buyers about how good or useful something is.

(a)  

44.

try to reach an agreement by formal discussion

(a)  

45.

something that a person or business has invented and which is

protected by patent.

(a)  

46.

the amount of stock, including raw materials, supplies and finished goods that

a company has at a particular time.

(a)  

47.

a business company that is owned or controlled by another larger company.

(a)  

48.

a place from which an organization is controlled.

(a)  

49.

a person or business that sells goods to the public.

(a)  

50.

a company that provides cheap flights.

(a)  

51.

a period of time during which a student or new graduate gets practical

experience in a job.

(a)  

52.

an employee of a company who travels around a particular area

selling the company’s goods to shops, stores, etc.

(a)  

53.

a person or business responsible for making goods available to customers

after they have been produced, either one that sells directly to the public or one that sells

to shops, etc.

(a)  

54.

a skill or type of experience that you need for a particular job.

(a)