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