Vocabulary. 1. Things people buy for their own use.

1. Things people buy for their own use.

a) market share b) consumer goods c) sales forecast d) product launch e) market research

2. Money that a country owes to lenders abroad is ….

a) public expenditure b) recession c) subsidies d) foreign debt e) trade surplus

3. Sales were 60% below …, because very few people knew that there was new bottled water.

a) estimation b) collection c) forecast d) consideration e) budget

4. After doing some … we found out that this tooth paste helps to get over 7 different problems of teeth.

a) report b) research c) plan d) budget e) forecast

5. The finance department couldn’t … a budget as it was impossible. They have little money and much to do.

a) meet b) write c) prepare d) implement e) keep within

6. He gets very angry if people are late for negotiations. He is very ….

a) sympathetic b) strong c) informal d) impatient e) weak

7. Interest rate is ….

a) money from overseas b) general increase in prices c) differences in value between a country’s imports and exports

d) low taxes to encourage e) cost of borrowing money

8. Exchange rate is ….

a) money from overseas b) total value of goods and services produced in a country c) price at which one currency can

buy another d) differences in value between a country’s imports and exports e) general increase in prices

9. Balance of trade is ….

a) cost of borrowing money b) differences in value between a country’s imports and exports c) total value of goods and

services produced in a country d) general increase in prices e) price at which one currency can buy another

10. Government bureaucracy is ….

a) differences in value between a country’s imports and exports b) cost of borrowing money c) low taxes to encourage

business activity d) percentage of people without jobs e) official rules/ paperwork/ regulations

11. Mattel produces … toys in the history.

a) success b) well done c) manufacture d) design e) long-lasting

12. The speed at which prices increase is ….

a) inflation b) devaluation c) challenge d) infrastructure e) facilities

13. A poor area of a city where the houses are in bad condition is ….

a) sanitation b) devaluation c) slum d) inflation e) damaged

14. Buildings and equipment that are used for a particular purpose are ….

a) facilities b) handicrafts c) slum d) companies e) infrastructure

15. Chances to start or improve your career.

a) career ladder b) career move c) career break d) career opportunities e) career plan

16. Ideas you have for your future career.

a) career ladder b) career move c) career break d) career opportunities e) career plan

17. In some companies it can take years to … the career ladder and reach senior management level.

a) make b) take c) offer d) decide e) climb

18. I’m not happy with this coat. It’s not my size and I want to return it. It is protected by ….

a) money back guarantee b) method of payment c) cooling off period d) interest free credit e) after sales help

19. To send someone or to send something somewhere for a particular purpose.

a) dispatch b) return c) refund d) refuse e) offer

20. The percentage of sales a company has in a particular market.

a) profit b) subsidiary c) market share d) turnover e) discount