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Business English Exercises
 

Organizing a Business

Answers to test questions and links to explanations

Home > Teaching Business English > Business English Lessons, Advanced Level # 91
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organizing a business answer 1
According to Ron Kurtus of School for Champions, some companies may be mildly successful, but they could be even more profitable if they paid attention to the basics of organization.

Correct answer: (b) mildly

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organizing a business answer 2
Good organization results in reducing losses due to duplicate work or unclear objectives.

Correct answer: (a) duplicate

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organizing a business answer 3
All personnel do better work, because they know what they should be doing and what their place is in the scheme of things.

Correct answer: (d) scheme

Meaning of business term scheme
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organizing a business answer 4
In order to improve, you must have a vision or goal of where you want to end up.

Correct answer: (d) up

Meaning of business term up
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organizing a business answer 5
The primary purpose or reason to start a business entity is to earn profits for its owners or stockholders.

Correct answer: (b) entity

Meaning of business term entity
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organizing a business answer 6
For the sake of public relations, such a stated purpose is kept private.

Correct answer: (d) sake

Meaning of business term sake
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organizing a business answer 7
You should also be aware of your core competencies: what are you good at?

Correct answer: (b) competencies

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organizing a business answer 8
Often companies become diluted and start to get into a field that they think is lucrative, but in which they cannot compete.

Correct answer: (b) lucrative

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organizing a business answer 9
A good mission statement accurately explains why your company exists and what it hopes to achieve in the future.

Correct answer: (c) mission

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organizing a business answer 10
A very good way to organize your business is by following the ISO 9000 standards; you do not necessarily have to become certified, but you can still use them as a guide in how to effectively operate your business.

Correct answer: (b) ISO

Meaning of business term ISO
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Business English Practice Exercises Business English Tests — several topics are covered: office matters, job applications, computer English, money expressions, business law, operations management, retail marketing, e-commerce, accounting terms, contracts and agreements, commercial correspondence, etc.
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