What is the definition of "turnover"?, the money a business spends on salaries, the total amount of money a business makes from sales during a specific period, the profit a business makes after paying all expenses, the number of employees a company hires in a year, The company decided to open a __________ during the summer festival to sell their handmade jewellery for just two weeks., a stand for selling goods, a shop in a shopping centre, a pop-up stall, a warehouse, Situation: Sarah noticed that nobody in her town was selling vegan cakes. She saw a __________ and decided to start her own bakery., gap in the market, business model, return on investment, stock level, "Somebody who invests money into risky businesses (start-ups) in exchange for a share of ownership, hoping for high returns if the business succeeds.", backer, business angel, would-be entrepreneur, venture capitalist, Fill in the gap: The investors were impressed by the __________ of the company – they wanted to expand to five countries within three years., vision, module, commission, turnover, What is a synonym for "temporary outlet"?, a stall, a warehouse, a pop-up shop, a stand, What is the definition of "crowdfunding"?, raising money by getting a large loan from one bank, raising money for a project by obtaining many small amounts from many people, selling shares of a company on the stock market, asking a venture capitalist for a big investment, Situation: Tom gave a short speech to a group of investors, trying to convince them to fund his start-up. What did Tom do?, He made a transaction., He made a commission., He made a forecast., He made a pitch., "A particular type of investor, usually a successful entrepreneur, who is willing to invest in high-risk, high-growth firms at a very early stage.", business angel, venture capitalist, backer, campaigner, Fill in the gap: The company offers __________ payment plans, so customers don't have to pay any extra money on top of the price., discount, top-of-the-range, interest-free, bargain, What is the definition of "ethics"?, the process of putting a plan into effect, a speech intended to sell something, money provided for a particular purpose, moral principles that govern a person's or business's behaviour, Situation: Maria is a successful businesswoman who started three companies. She is admired by many young people who want to become entrepreneurs. What is Maria?, a backer, a campaigner, a high-flyer, a fellow, Fill in the gap: The __________ showed that sales were highest in the first quarter and then slowly decreased., pie chart, bar chart, an image, a flipchart, What is a synonym for "prestigious"?, hesitant, distracting, top-of-the-range, inevitable, The company couldn't pay its debts and was legally declared unable to continue trading. It __________., handed over, went out of, turned over, went bankrupt, The __________ approach to marketing involves pushing products onto customers through aggressive promotion., push style, pull style, fair trade, modular, Situation: The factory sources its materials only from areas that are not affected by war. What are the materials?, ethical, conflict free, prestigious, interest-free, Fill in the gap: The __________ of the business was simple: buy materials cheaply, produce goods, and sell them at a higher price., aim, commission, business model, mortgage, The presenter used a __________ – a large pad of paper on a stand – to explain her ideas during the meeting., stock level, pie chart, bar chart, flipchart, What is the definition of "return on investment"?, the total amount of money a business makes from sales, the profit made from money that has been put into a business or project, the money a business spends on marketing, the amount of money borrowed from a bank, Fill in the gap: The company decided to __________ the project – they gave it financial support to help it succeed., suppport, go out of, back, hand over, What is the definition of "stock level"?, the quantity of products kept in a shop or warehouse, the total amount of money a business makes from sales, the money left after taking out taxes, the process of putting a plan into effect, The __________ showed that 60% of customers preferred the new design, while 40% preferred the old one., bar chart, flipchart, pie chart, graph, Fill in the gap: Does that solution _______your concerns?, challenge, spread, appreciate, address, The company offers customers the option to __________ – they can pay a fixed amount every month until the product is fully paid for, make a transaction, pay in installments, get an extension, go bankrupt, The __________ is a set of buyers sharing common needs that the company decides to serve., target market, stock level, disposable income, annual revenue, What is the antonym of "hesitant"?, unethical, distracting, inevitable, confident, Situation: The company wants to support producers in developing countries by paying them fair prices. What movement does the company support?, push style, crowdfunding, fair trade, remortgaging, Which word is an antonym for "to overestimate"?, to underestimate, to estimate, to forecast, to measure success, What is the definition of "entrepreneurial"?, Taking attention away from something, Made of separate parts that can be combined in different ways, Willing to take risks in order to make a profit, Unavoidable and certain, Situation: Maria sells handmade jewellery at events where local artists display and sell their products directly to customers. What kind of events are these?, investment funds, fair trade, campaigns, craft fairs, Fill in the gap: "I'd now like to ________ to my colleague, who will give you more details.", hang over, aim at, hand over, look up to, The ______ is a particular section of the population, for example people aged 18 to 30 or women over 50., target market, demographic, campaigner, module, What is the definition of "annual revenue"?, Money left after taking out taxes, An amount of money given to the borrower for a set period of time, The process of putting a plan into effect, Yearly income generated from an investment, "to predict what will happen in the future", to predict, to estimate, to forecast, to look up to, Fill in the gap: Emma wants to ______ her own business — she doesn't want to work for someone else anymore., hand over, run, estimate, take up, What is the definition of "financial backing"?, Money to help and support someone's business, Yearly income generated from an investment, A loan used to buy property, A particular section of the population, The bank offered him a ______ to buy his first apartment. He will pay it back over 25 years., loan, funding, mortgage, revenue, Situation: Tom has a great idea for a mobile app, but he hasn't started his company yet. He is still planning and dreaming about it. What do we call Tom?, a would-be entrepreneur, a backer, a campaigner, a module, The government provides ______ for small businesses through special grants and low-interest loans., mortgage, annual revenue, loan, funding

B2 BCC Topic 6

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