English 2

Question 1

favorable mentions of a company’s product or services, in any medium read, viewed or heard by a company’s consumers or potential customers

Answer 1

publicity

Question 2

business that exists to maximite profit

Answer 2

firm

Question 3

firm which owns or controls production or services outside the country it is based in

Answer 3

multinational corporation

Question 4

private individual who runs a one-man business and takes all the profits but also all the risks

Answer 4

sole trader

Question 5

a firm of which at least half of the shares are owned by another company, cold a parent or a holding company

Answer 5

subsidiary

Question 6

association of two or more people sharing the risks and profit in agreed proportion

Answer 6

partnership

Question 7

company which must have a minimum nominal share capital of 50 000$, whereby shares can be freely bought and sold by the members of the public

Answer 7

public limited company

Question 8

the process when a company raises capital by selling shares on the open market

Answer 8

going public

Question 8

company which usually does not produce goods and services itself, but rather its purposes is to own shares of other companies to form a corporate group

Answer 8

holding company

Question 8

a partner in partnership who invests in business but has no dealing with day to day running of the enterprise

Answer 8

silent partner

Question 9

business activity in which two or more people or organizations work together

Answer 9

joint venture

Question 9

document which sets out who should get what in a partnership

Answer 9

deed of partnership

Question 10

a principal which means that personal assets of the owner can be used to pay any business debts

Answer 10

unlimited liabilities

Question 11

a principal which means that an investor’s ability to debt is limited to the extent of their shareholding

Answer 11

limited liabilities

Question 12

the activity of production, buying and selling goods and services

Answer 12

business

Question 13

used in a positive way to talk about business, emphasizing the use of money to take risks

Answer 13

enterprise

Question 13

large companies considered together

Answer 13

big business

Question 13

a company, a firm, or more formally a concern which sells goods and services

Answer 13

a business

Question 14

a large company, especially in the USA

Answer 14

corporation

Question 15

organization which social aims, such as helping the sick or the poor or stimulating artistic activities

Answer 15

non - profit organization charities

Question 16

an economy characterized by an enterprise culture

Answer 16

enterprise economy

Question 16

overall combination of computer hardware and software that a business uses to organize and run their business operations

Answer 16

enterprise system

Question 17

a business activates owned by individuals rather than the state

Answer 17

free enterprise

Question 18

an area where the government encourages companies to start new businesses by offering them lower taxes, less paperwork ….

Answer 18

enterprise zone

Question 19

a program used in the UK to make it easier for smaller, riskier companies to raise capital

Answer 19

enterprise investment scheme

Question 19

an organization that is directly involved in the sale of goods and services to a market, but whose profits are principally used to fund social programs

Answer 19

social enterprise

Question 20

an atmosphere which encourages people to make money thru their own activities and not relay on government

Answer 20

enterprise culture

Question 21

the development on industry on an extensive scale

Answer 21

industrial enterprise

Question 21

a legal entity that undertakes commercial activities on behalf of the state

Answer 21

state enterpise

Question 22

a company that is in its first stages of its operation

Answer 22

start up

Question 23

money lent to new companies to help them develop, also called risk capital

Answer 23

venture capital

Question 24

a private person who invests money into a new business

Answer 24

angel investor

Question 25

the amount of profit that an investor produces

Answer 25

rate of return

Question 25

not willing to take risks

Answer 25

risk - averse

Question 26

building a business out of very little or virtually nothing, relaying usually on personal income or savings

Answer 26

bootstrapping

Question 27

the annual percentage rate at which costumers stop subscribing to a service or employees leave the job

Answer 27

churn rate

Question 28

the process of developing new products or services to replace existing technologies and gain a competitive advantages

Answer 28

disruptive innovation

Question 28

the very first sale of shares issued by a company to the public

Answer 28

initial public offering

Question 29

to create and enterprise from scratch

Answer 29

to start your own business

Question 29

an agreement between two or more parties to protect sensitive information or confidential information

Answer 29

non-disclosure agreement

Question 30

to operate manually

Answer 30

to be in business

Question 30

to stop doing business permanently

Answer 30

to go out of business

Question 31

a small card with your name on it, address, phone number....

Answer 31

business card

Question 32

the hours that a shop or other business is usually open

Answer 32

business hours

Question 33

the study of how the business work, especially financial and management aspects

Answer 33

business studies

Question 34

serious and effective in the way you do things

Answer 34

businesslike

Question 35

usually, a small business run by a family members

Answer 35

family business

Question 36

a large company mainly owned by one person or family

Answer 36

business empire

Question 37

a collection of date whose properties are analysed

Answer 37

population

Question 37

a group or set chosen from a large population of people or a group of factors in a random manner that allows for each member to have an equal chance of being chosen

Answer 37

random sample

Question 38

a number that shows how widely numbers of a mathematically related data set vary from the average

Answer 38

standard deviation

Question 38

describes a main feature of a collection of date in quantitative terms

Answer 38

descriptive statistics

Question 39

a group or set chosen from a large group or population of factors that adequately replicates the large group according to whatever characteristics is under a study

Answer 39

representative sample

Question 40

a piece of information showed in number

Answer 40

statistic

Question 41

a discipline which deals with the collection, analysis, interpretation, presentation and organization of data

Answer 41

statistics

Question 42

a person who works with statistics

Answer 42

statistician

Question 43

money paid monthly directly into a bank account, normally to manual work

Answer 43

salary

Question 43

done in a statistical way

Answer 43

statistically

Question 44

money paid weekly and usually in cash

Answer 44

wage

Question 45

extra payments such as a car or a free accommodation received by right in addition to the salary or wage

Answer 45

perks

Question 46

combination of salary and perks

Answer 46

remuneration package

Question 47

the total number of things that company sells within a particular period of time

Answer 47

sales

Question 47

a single instance of selling goods and services, an event during which s shop reduces prices

Answer 47

sale

Question 48

available for people to buy

Answer 48

for/on sale

Question 49

someone who's job is to help customers and sell in a shop

Answer 49

sales assistant

Question 50

the statements and promises someone make in an attempt to persuade someone to buy something

Answer 50

sales pitch

Question 51

an individual who acts as entrepreneur but from inside the confines of a large operation

Answer 51

intrapreneur

Question 51

sums of money that a person receives for the work they do in a particular period of time

Answer 51

earnings

Question 51

someone whose job is to travel to different places and sell products of a particular company

Answer 51

sales rep

Question 52

an individual who accepts financial risks and undertakes financial ventures

Answer 52

entrepreneur

Question 53

the point in a group of numbers at which half are higher and half are lower

Answer 53

median

Question 53

number typical of a group of numbers

Answer 53

average

Question 54

sum of all the items in a group, divided by the number of items in the group

Answer 54

mean

Question 55

number that occurs most often in any series of data

Answer 55

mode