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WorksheetsBusiness Vocabulary Terms 5
Total questions: 15
Worksheet time: 8mins
Fill in the blank: The possibility of some kind of loss is known as _______.
Risk
Opportunity
Benefit
Advantage
Fill in the blank: The sale of goods to the public in relatively small quantities for use or consumption rather than for resale is called _______.
Retail
Wholesale
Manufacturing
Distribution
Fill in the blank: A fixed regular payment, typically paid on a monthly or biweekly basis but often expressed as an annual sum, made by an employer to an employee, especially a professional or white-collar worker, is known as _______.
Salary
Wage
Commission
Bonus
To divide a large group of people into smaller groups of people of a similar age or with similar incomes, interests, etc., is to _______.
Segment
Integrate
Unify
Combine
Fill in the blank: A stock of a resource from which a person or place can be provided with the necessary amount of that resource is called _______.
Supply
Demand
Inventory
Reserve
Fill in the blank: One of the parts into which ownership of a company is divided is known as a _______.
Share
Bond
Dividend
Equity
Fill in the blank: The goods or merchandise kept on the premises of a business or warehouse and available for sale or distribution are referred to as _______.
Stock
Inventory
Assets
Supplies
The definition of 'Strategy' is:
A plan of action designed to achieve a long-term or overall aim.
A random decision made without any planning.
An unorganized set of actions with no specific goal.
A short-term plan with immediate results.
In a business context, 'Target' refers to:
a specific goal or objective a company aims to achieve.
a random selection of tasks to be completed.
a competitor in the market.
a financial loss incurred by the company.
Explain the term 'Transaction'.
A transaction is a completed agreement between a buyer and a seller to exchange goods, services, or financial assets.
A transaction is a type of computer program.
A transaction is a form of communication between two devices.
A transaction is a method of transportation.
What is meant by 'Trend'?
A pattern of change over time
A type of clothing
A musical genre
A mathematical equation
A 'Trademark' is defined as:
A symbol, word, or words legally registered or established by use as representing a company or product.
A type of patent for inventions.
A copyright for artistic works.
A legal document for property ownership.
A 'Warranty' is a:
legal assurance of product quality and performance
type of insurance policy
financial investment strategy
method of product disposal
Wages are:
a form of salary paid to employees
a type of investment
a government tax
a business expense
A 'Wholesaler' is:
a retailer who sells directly to consumers
a middleman who buys in bulk and sells to retailers
a manufacturer who produces goods
a customer who buys products for personal use
