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Basic English Test Questions for Finance

The document contains a series of questions and answers related to basic English vocabulary and concepts in business, including definitions of terms like tax, multinational companies, and family businesses. It also explores opinions on working in different types of companies, the functions of various departments, and the importance of market research. Additionally, it addresses topics such as project management, charity, and the roles of different workers in a company.

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Khánh Ly
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0% found this document useful (0 votes)
21 views8 pages

Basic English Test Questions for Finance

The document contains a series of questions and answers related to basic English vocabulary and concepts in business, including definitions of terms like tax, multinational companies, and family businesses. It also explores opinions on working in different types of companies, the functions of various departments, and the importance of market research. Additionally, it addresses topics such as project management, charity, and the roles of different workers in a company.

Uploaded by

Khánh Ly
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

ACADEMY OF FINANCE

DIVISION OF FOREIGN LANGUAGES


-----------***-----------

QUESTIONS FOR BASIC ENGLISH TEST (LEVEL 1)


December 2021

1. What information is on Name, company name, qualifications, address, job title


most business cards?
2. Tell something about a
company that you know?
3. What is tax? Tax is the money that a company and employees pay to the
government
4. What is a multinational a corporate organization that owns and controls the
company? production of goods or services in at least one country other
than its home country
5. What is a family Family business is a commercial organization in which
company? decision-making is influenced by multiple generations of a
family, related by blood or marriage or adoption, who has
both the ability to influence the vision of the business and
the willingness to use this ability to pursue distinctive goals.
6. Do you like to work for a No, I don’t. I think family company is only allowed me to
family company? Why? work for particular range while I want to challenge myself
with new people, new work environment.
7. Do you like to work for a Yes, I do. I think when I work for multinational I will have
multinational? Why? many opportunities to discover something new like culture,
life style, and interact with people from other country
8. What is the function of It hires new employees and organizes training, manage their
the Personnel salary
Department?

9. What does the marketing It promotes products or services to the clients


department do?
10. What does the Human
Resources department
do?
11. What does the finance It deals with company’s account
department do?
12. What does the Sales It sells products or thing to the customers
department do?

13. What does the purchasing


department do?
14. What does the R&D Its invents and develops new products
department do?

1
15. What are some of the The fist differences it is that a family company is usually
differences between a small. (it í not very big) and all the employees know one
family company and a another very well. In contrast, a multinational company is
multinational? usually very big. It has offices in many countries all around
the world. There are so many employees in a multinational
company that they can hardly know all their co- workers.
16. What country do you I think it will be very interesting to work in Switzerland. I
think is interesting to love its serenity, I know it has high standard of living and I
work in? Why? am willing to study new culture.
17. Why do many people like I think they like new culture to live in, new lifestyle and the
to work in different work in those country sastify their demand in salary,
countries? environment, security,….
18. Why don’t many people I think they like stability, they don’t want to change and
like to work in different they want to live near their relatives
countries?
19. What is a team? Team is a group of people in and do something together
20. Who is a team leader? Team leader is the person who manage the member in
group and be responsible for the work of the team
21. Do you like to work in a I think is depend on the kind of work
team? Why?
22. Who is a CEO? CEO is stand for Chief Executive Officer who is the highest
ranking person in the company, responsible for the work of
company, make major decisions, managing the overall
operation.
23. What is a management Someone who know a lot about business
guru?
24. How can people pay for By cash, credit card, debit card, cheques, bank account,. . .
things?
25. What necessary Store’name, customer name, product name, price of
information should be products, quantity, total price, date,. . .
included in an invoice?
26. Why do so many big Because it take a long time to finish and has many small
projects fail? steps, if we fail at one step will lead to the late of the next
step so it become behind schedule.
Because of weather, over budget and skill of workers
27. What is the function of a
CEO?
28. List 3 luxury goods Chanel – clothes, perfume, bag,. . .
companies. What BMW – Vehicles, car,…
products do they make or
sell? Burberry – sunglasses, bag, perfume, watch,….
29. Who is an investor? A person or organization invest money to something like
project or activity.

2
30. What things can a Company can help with
company do to help its
workers?
31. Name 3 brands in the Nestle – cereal, milk, baby food, snacks, . . .
budget market? What do TH True Milk – milk, yogurts, cheese, fruit drink, . . .
they make?
Coca Cola
32. List some kinds of Traditional office, share office, modern office
office?
33. Give some examples of
corporate events?
34. Why do staff like office
picnics?
35. What is charity? Money or gift that people give to help others.
36. What is a charitable An organization that use money to help people
foundation?
37. How can rich people do They can give money to poor people, use their social
charity? connections to influent
38. Do you think the rich
need to help the poor?
Why?
39. Who should find Government
solutions to world
problems – billionaires or
goverments? Why?
40. Think of some ways for
charitable foundations to
spend money?
41. What is the task of
project manager?
42. What famous inventors
come from your country?
What did they invent?
43. What factors make a Under budget, ahead of schedule, bring profit,
project successful?
44. What is the most I think the most important factor is budget. If you don’t
important factor for a have money, you cant buy anything you cant rent anybody
successful project? Why? to work for project.
45. Why do many people like They find it attractive, it makes them relax and help them to
playing games? interact with their friend
46. Do you think it is Yes, I do because company should know what customers
important to do market need and want so they can improve their product to be
research? Why? suitable to customer.

3
47. Why do many people
decide to move abroad?
48. What countries do think I think Switzerland, because
have a good quality of
life? Why?
49. Which country do you
want to live in? Why?
50. Why are many British
people moving to other
countries?
51. Why do many rich people
do charity?
52. Why do many people Because they want promotion and higher company, they
often change companies want more experience in other environment.
nowadays?
53. What is a retailer? The company or business sell good to the public
54. What is a service
industry?
55. What does the term “cost The amount of money needed to cover basic demand in a
of living” mean? period of time.
56. What do you think of a
CEO’s work?
57. What is a discount?
58. Do you want to work in a
team?Why
59. Name seven countries
that use the currency of
Euro?
60. Do people in rich
countries emigrate to
other countries?Why?
61. What is the exchange
rate?
62. What does the phrase “on
budget” mean?
63. What does the phrase
“over budget” mean?
64. What does the phrase
“under budget” mean?
65. What are major causes of
a project failure?

4
66. What are stages of a
project?
67. What does a product
description mean?
68. Describe a product that
you bought recently?
69. What does a competitor
mean?
70. Who is the founder?
71. What does a “SWOT”
analysis stand for?
72. What does “Strengths”
mean in a SWOT? Give
examples
73. What does “Weaknesses”
mean in a SWOT? Give
examples
74. What does
“Opportunities” mean in
a SWOT? Give examples
75. What does “Threats”
mean in a SWOT? Give
examples
76. What is the luxury
market?
77. What is the budget
market?
78. What is a market leader?
79. What does market share
mean?
80. What is market research?
81. What does domestic
market mean?
82. What are low-cost
economies?
83. Who is the chairperson?
84. When does a product
become the market
leader?
85. Do you think that it is
possible for a company to

5
be competitive and also
help people?
86. What can a company do
to compete with its
competitors?
87. What things do you need
to think about before
moving to another
country?
88. What do applicants often
think about when
applying for a job?
89. What are steps for
looking for a job?
90. What does a professional
worker mean?
91. What does an
adminstrative worker
mean?
92. What is a manual
worker?
93. What is a skilled worker?
94. Is it a good idea for
retired people to return to
work? Why?
95. Full-time worker and
part-time worker, which
is better to you? Why?
96. Do you like the idea of
flexible hours? Why?
97. Permanent worker and
temporary worker, which
type of worker is the best
for most people? Why?
98. What is a competitor?
99. What are luxury goods?
100. What is a CV?
101. What necessary
information should be
included in a CV?
102. What is an
employment agency?

6
103. What is salary?
104. Name five
departments of a
company that you know?
105. Name five
positions used to describe
the management in a
company?
106. What is a
manufacturer?
107. Name five
examples of sales
promotion?
108. List at least five
words or phrases go with
the verb “make”?
109. List at least five
words or phrases go with
the verb “do”?
110. What do you do
when you want to have
ideas?
111. What is a trend?
112. What is a gap
year?
113. Is it a good idea to
go straight from
university to a job? Why?
Why not?
114. What does the
term “career break”
mean?
115. Do you want to
take a career break?Why?
116. Do you think a
phone as a “remote
control for life” is a good
idea? Why?
117. How much time
do you spend on your
phone? What do you do
on it?
118. Why is

7
smartphone important in
people’s life?
119. What is a job
advertisement?
120. What does the
term “workforce” mean?

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