Designed to teach you words and expressions relating to all aspects of starting a business. Whether you're looking to start a small business or set up a franchise, this exercise will help you practice all the important vocabulary.
QUESTIONS:
(Choose the best response for each one)
1. This ___________________ ( = number) is the estimate of sales for the first three years.
figure
numeral
fact
2. For certain types of businesses, a list of people who have already ___________________ an interest in buying your products should be included in the business plan.
said
expressed
exclaimed
3. Here is a description of the market segments ( = groups of people/organizations) we will be ___________________. ( = focusing on)
trying
searching
targeting
4. We plan to purchase 60% of the equipment, and ___________________ ( = rent) the other 40%.
lease
take out
take on
5. How do you plan to advertise your products? Do you have a detailed market ___________________ plan?
penitentiary
pension
penetration
6. We have an issue with certain ___________________ ( = details/characteristic) of your sales strategy.
characters
aspects
flashbacks
7. Did you include an analysis of ___________________ ( = similar) products available on the market today?
comparable
compared
common
8. This is a detailed list of all the costs ___________________ with ( = relating to) the program.
assorted
associated
aspirated
9. Do you have to obtain any legal ___________________ before the product can be introduced on the market?
law
authorization
acceptance
10. An "organization chart" describes the ___________________ of the enterprise. ( = business)
building
construction
structure
Check answers at http://www.businessenglishsite.com/esl_startingabusiness3.html
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