Choose the word or word combination to match the definition. 1. A person who works under you. a) leader b) supervisor c) subordinate

1. A person who works under you.

a) leader

b) supervisor

c) subordinate

 

2. A private individual who runs a one-man business.

a) supplier

b) sole trader

c) partner

 

3. A very large organization that owns companies in more than one country.

a) association

b) partnership

c) multinational

 

4. The money gained in a business deal, esp. the difference between the amount earned and the amount spent.

a) loan

b) profit

c) loss

 

5. To enter new types of business.

a) to succeed

b) to cooperate

c) to diversify

 

6. The sale of goods in large amounts, and usually at lower prices, to stores and businesses.

a) retail trade

b) wholesale trade

c) free trade

 

7. The sale of a business or service owned by the government to private owners.

a) nationalization

b) restriction

c) privatization

 

8. A firm run by two or more partners.

a) consortium

b) sole proprietorship

c) partnership

 

9. A company in which the owners are entirely liable for the debts of the company.

a) unlimited liability company	b) partnership
c) limited liability company

 

10. Money owed by one person or an organization to another.

a) wealth

b) debt

c) profit

 

11. A market where stocks and shares are bought and sold under fixed rules.

a) foreign exchange

b) commodity exchange

c) stock exchange

 

12. A sum of money invested in a business.

a) stake

b) dividend

c) interest

 

13. Combining two companies into one larger company.

a) bid

b) witness

c) merger

 

14. A business or part of business bought by another company.

a) purchase

b) takeover

c) sell-off

 

15. The workers or employees of an organization.

a) capital

b) commodity

c) staff

 

16. A person who works for another person, business or government.

a) employee

b) colleague

c) employer

 

17. A group of directors who are responsible for running a company and usually have legal responsibilities to it.

a) senior executives

b) managing directors

c) board of directors

 

18. State–owned and– run organizations.

a) insurance sector

b) public sector

c) retail sector

 

19. A limit on something.

a) restriction

b) reservation

c) regulation

 

20. A person who owns shares in a company.

a) creditor

b) shareholder

c) investor