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GEI 3 UNIT 2A (R)

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

What does the underlined part mean?

Gina is good with computers and makes money with her skills. Together with some friends, she has created a computer tutoring class for seniors. Gina and her friends do work for the benefit of other people in the community center.

a)

to provide services

b)

to think outside the box

c)

to run a business

d)

the break even point

2.

What does the underlined part mean?

Pam has a lot of beautiful fabric scraps at home since her mother is a dressmaker. Pam doesn’t want to turn those scraps into dolls. Many people have already done that. She wants to turn the scraps into something more unique: stuffed flowers, and sell them. She loves to think in a different way from how most people think.

a)

to take the plunge

b)

to run a business

c)

to think outside the box

d)

to get a break

3.

What does the underlined part mean?

I’ve found an affordable place to rent. The location is good for my retail store. I’m ready to buy and sell goods.

a)

to get a break

b)

to run a business

c)

to provide services

d)

to profit

4.

What does the underlined part mean?

Service businesses are easy to start because they usually require less capital than product businesses. Service businesses can usually reach the point where the total cost equals the total revenue sooner than the other types of businesses.

a)

outside the box

b)

a niche market

c)

profit

d)

the break even point

5.

What does the underlined part mean?

Lula thinks that babysitting is a great way to make money because she doesn’t have to have a lot of startup funds. She has posted fliers in the neighborhood advertising her services after she joined a certified childcare training. She believes that she can soon get financial gain from her enterprise.

a)

to profit

b)

to run a business

c)

to take the plunge

d)

to think outside the box

6.

What does the underlined part mean?

Roy established his food truck business three months ago. He has a profi table enterprise because his customers keep coming back. His plan to make a successful start has worked well.

a)

to take the plunge

b)

to profit

c)

to get a break

d)

to run a business

7.

What does the underlined part mean?

George knows how to treat dogs and cats well. He has started a pet sitting service in the neighborhood which gives him great financial benefits.

a)

to profit

b)

profit

c)

a niche market

d)

the break even point

8.

What does the underlined part mean

Vira makes awesome knitted scarves and necklaces. She is also good at taking photographs. She wants to start a new business. She has planned to sell her artwork on an e-commerce website for handmade items.

a)

to provide services

b)

to get a break

c)

to run a business

d)

to get a new business off the ground

9.

What does the underlined part mean?

John wants to do business with his friend, Fred. John suggests a moving agency for old people in the neighborhood. But Fred comes up with a cleaning service business instead, because there are not many old people moving to other places. Finally after thinking and discussing it for a long time, they get rid of any doubts and do what they really want to do. They will establish a professional organizing and moving agency.

a)

to get a break

b)

to run business

c)

to take the plunge

d)

to provide services

10.

What does the underlined part mean?

Tim has learned that some people avoid gluten for life. He has decided to establish a bakery specializing in gluten-free products. He wants to set up a market that sells specific products to a group of people that other businesses have overlooked.

a)

outside the box

b)

profit

c)

the break even point

d)

a niche market