Business English Vocabulary

Quiz Instructions:
Welcome to this Business English Vocabulary quiz! This quiz is designed to test your knowledge of various terms and concepts related to Business English. Think carefully before you select an answer, and remember to double-check your response before submitting it. Good luck!

Section 1:

1. What is the term for a company’s plan of action and goals?
   A. Mission
   B. Vision
   C. Strategy
   D. Objectives

2. What would you call someone who has a lot of experience and knowledge about a certain subject?
   A. Expert
   B. Manager
   C. Leader
   D. Consultant

3. What is a meeting that involves discussing a certain topic or problem?
   A. Conference
   B. Workshop
   C. Symposium
   D. Seminar

Section 2:

4. What is the phrase for offering a product at a discounted or lower price?
   A. Promotion
   B. Bargain
   C. Markdown
   D. Discount

5. What term would you use to describe a company’s total assets, including cash, property and investments?
   A. Equity
   B. Net worth
   C. Profits
   D. Liabilities

6. What is the word for a legal agreement between two or more parties?
   A. Contract
   B. Agreement
   C. Pact
   D. Treaty

Section 3:

7. What is the phrase for making a significant change in a company’s operations or structure?
   A. Restructure
   B. Reorganize
   C. Transform
   D. Revamp

8. What do you call a situation in which a company’s expenses are more than its income?
   A. Deficit
   B. Loss
   C. Debt
   D. Shortfall

9. How would you refer to a meeting that is attended by people from different companies or organizations?
   A. Inter-company
   B. Joint
   C. Consortium
   D. Multilateral

We hope that you have learned a lot about Business English Vocabulary from this quiz! Congratulations on finishing it. Good luck!