BEC V - VOCABULARY

1. What does “invoice” most likely mean?

• A letter of complaint
  

• A bill for goods or services

• A shipping label

• A request for feedback

To “negotiate” means to:

• Argue intensely

• Travel internationally

• Discuss terms to reach an agreement

• Cancel a contract

“Revenue” refers to:

• Total expenses
  

• Employee bonuses

• Income from sales

• Taxes paid

A “colleague” is someone who:

• Works in a different company
  

• Works with you

• Is your manager

• Is a client

What is a “deadline”?

• The latest possible date for completion

• A contract signature

• A lunch meeting

• A dismissal letter

“Freelancer” refers to:

• Someone who works full-time
  

• An unpaid intern

• A self-employed person

• A company director

What does it mean to “collaborate”?

• To work independently
  

• To work together on a project

• To compete against others

• To supervise a team

“Profit” is defined as:

• Total revenue minus total expenses
  

• Taxes collected

• Money spent on marketing

• Employee salaries

What is the purpose of a “contract”?

• To provide a summary of a meeting

• To list employee benefits

• To request a loan

• To outline terms of an agreement
  

What does “market share” mean?

• A stock market percentage
  

• A company’s portion of sales in the marke

• A marketing budget

• A revenue target