Choose the alternative that best suits the context

1. … is the business of selling goods in large quantities and usually at low prices.

a) retailing b) wholesaling c) franchising

 

2. ... are large shops which sell a wide variety of products.

a) Department stores b) Greengrocery c) Grocery

 

3. When two or more people want to start a business together they can set up a ….

a) concern b) corporation c) partnership

 

4. The … line was shut down for two hours as a result of damaged machinery.

a) delivery b) production c) control

 

5. Information on … prices is available to brokers throughout the world.

a) share b) production c) trading

 

6. Hewlett Packard is known as one of the most reputable … in the electronic and computer industry.

a) customers b) buyers c) suppliers

 

7. During the bear market a lot of firms went ….

a) ahead b) bankrupt c) melding

 

8. Monthly salaries of our staff go directly into their ….

a) interests b) invoices c) accounts

 

9. If you own some shares of a company, you receive … per share.

a) dividends b) interest c) salary

 

10. He asked his parents if they would pay off his ….

a) debts b) liabilities c) rents

 

11. We are planning to … $3 million on advertising.

a) lose b) invest c) spend

 

12. … act as agents in buying and selling shares.

a) Wholesalers b) Brokers c) Investors

 

13. He … most of his savings in the Stock Exchange.

a) gave b) fixed c) invested

 

14. To acquire … in the company which you work for may prove advantageous.

a) a stake b) an investment c) part

 

15. If I open a saving account I will receive … .

a) a share b) an interest c) a benefit

 

16. … receive income, known as a dividend, from the companies in which they invested.

a) Stockbrokers b) Shareholders c) Owners

 

17. In order to raise capital the company intends to issue shares ….

a) on the consumer market b) on the production market
c) on the stock market

 

18. Of course, our goods are not very cheap, but the prices are quite … for the average consumer.

a) costly b) reasonable c) high

 

19. Our company specialized in producing … goods.

a) consumer b) consumerism c) consumption

 

20. … can result if you have no more income to pay your debts.

a) Transfer b) Bankruptcy c) Discount

 

21. Banks … very high rates of interest on credit loans.

a) offer b) pay c) charge

 

22. Some strategic industries, such as Atomic Energy and Defence, are too important to be left in … hands.

a) public b) private c) government

 

23. Ukrainian business is … a lot of foreign capital.

a) importing b) investing c) attracting

 

24. We’d like to know your views on the possibility of a … venture with our company.

a) capital b) joint c) business

 

25. … fix their own commissions for buying and selling shares.

a) Stockbrokers b) Retailers c) Wholesalers

 

26. This alliance will help our companies survive in the fiercely … market of today.

a) contrasting b) contemporary c) competitive

 

27. The … of Harley-Davidson Motor Company are people with a high average income.

a) suppliers b) target market c) budget

 

28. The successful candidate should have at least 3-year … in office management.

a) qualifications b) experience c) efficiency

 

29. Our company is determined to … so that we might reach our full potential.

a) increase b) recess c) expand

 

30. … is the term given to different activities involved in distributing goods from the manufacturer to the final customer.

a) Distribution b) Marketing c) Retailing

 

31. An advertisement on radio or television is called a ….

a) movie b) sales program c) commercial

 

32. … is used to increase sales by making the product or service known to a wider audience.

a) Advertising b) Promotion c) Research

 

33. If you pay … I’ll give you a 5% discount.

a) price b) cash c) bill

 

34. They’ve just launched an advertising ….

a) promotion b) company c) campaign

 

35. An amount of money required to start or expand a business is ….

a) rent b) capital c) loan

 

36. People who buy goods or services are ….

a) users b) customers c) suppliers

 

37. People who work inside a company are its ….

a) customers b) suppliers c) employees

 

38. Last year we increased our market ….

a) stock b) stake c) share

 

39. She put all her money into government ….

a) investment b) shares c) bonds

 

40. The firm attempted … its nearest competitor.

a) to take after b) to take over c) to take off

 

41. I … for the position of a production manager.

a) applied b) employed c) recruited

 

42. We suggest you the high quality product, which is not expensive ….

a) to discount b) to buy c) to invent

 

43. Our … is to increase the market share within a few months.

a) responsibility b) ambitions c) objective

 

44. … situation is stabilizing at present.

a) Economy b) Economic c) Economical

 

45. They are very … in their expenditures

a) economics b) economic c) economical

 

46. Fixed assets are what a company ….

a) owes b) sells c) owns

 

47. Current liabilities are what a company ….

a) invests b) owes c) buys

 

48. Wealth used to produce more wealth is called ….

a) liabilities b) goods c) capital

 

49. Balance sheet is a statement of how much … has come in and how much has gone out.

a) capital b) money c) shares

 

50. I’m a salesman and work in the … department.

a) Advertising b) Accounting c) Export

 

51. New technologies make global … easier.

a) market b) communication c) travelling

 

52. Yon can buy the same software quite … at our local market.

a) reasonable b) cheaply c) free

 

53. He bought stocks during the … market, when the share prices were the lowest, and sold them when they rose.

a) bear b) bull c) boom

 

54. A movement to a more important job, with more responsibility and money is ….

a) recruitment b) career c) promotion

 

55. To do business, to buy and sell is to ….

a) do research b) trade c) perform

 

56. To make the necessary arrangements for starting a business means to ….

a) maintain a business b) reorganize c) set up a business

 

57. A great number of companies in Russia were … by the 1998 financial crash.

a) affected b) infected c) effected

 

58. Due to our new supply system more products are … to consumers and supply costs are lower.

a) reduced b) limited c) available

 

59. Our company has 220 … at present.

a) employers b) employees c) workforce

 

60. Big companies cannot rely exclusively on their … markets. They have to become more international in their outlook if they want to survive.

a) consumer b) competitive c) domestic

 

 


 

VOCABULARY