Business English Vocabulary Quiz for Intermediate Learners

Welcome to the Business English Vocabulary Quiz! This quiz consists of five sections with 15 questions in total. Each question has three possible answers, but only one is correct. Answer carefully, and at the end, you will receive a breakdown of the correct answers, explanations, and personalized feedback based on your score.

Section 1: Choose the Missing Word (5 questions)

Fill in the blank by selecting the correct word from the options.

Question 1:

The company’s profits __________ last quarter due to the new marketing campaign.

• A) increased
• B) inflated
• C) incurred

Question 2:

The new policy aims to __________ the approval process for project funding.

• A) accelerate
• B) accomplish
• C) assess

Question 3:

The CEO gave a detailed __________ of the company’s five-year plan during the annual meeting.

• A) outlook
• B) overview
• C) outcome

Question 4:

In order to make the business more competitive, we need to __________ the production process.

• A) streamline
• B) strengthen
• C) simplify

Question 5:

The manager’s decision to expand the team was __________ by the increased workload.

• A) justified
• B) exaggerated
• C) opposed

Section 2: What’s the Opposite? (3 mini quizzes)

Choose the word that is the opposite of the given word.

Mini Quiz 1:

The opposite of profit is:

• A) loss
• B) expense
• C) revenue

Mini Quiz 2:

The opposite of expand is:

• A) enlarge
• B) reduce
• C) extend

Mini Quiz 3:

The opposite of increase is:

• A) grow
• B) raise
• C) decrease

Section 3: Sound Similar (3 questions)

Fill in the missing word. Be careful—some words sound alike!

Question 1:

After discussing the financial options, the team decided to __________ the budget for next quarter.

• A) allocate
• B) alocate
• C) allegorate

Question 2:

The company’s latest product launch was considered a __________ success by industry experts.

• A) discreet
• B) discrete
• C) decree

Question 3:

The manager’s decision was to __________ the problem as soon as possible.

• A) address
• B) adduce
• C) assess

Section 4: Definitions (3 questions)

Choose the correct definition for each business term.

Question 1:

What is outsourcing?

• A) The process of hiring external companies to handle certain business functions
• B) The practice of training employees to handle multiple roles within the company
• C) The method of reducing internal costs by cutting down on resources

Question 2:

What does capital mean in a business context?

• A) The total amount of money and assets a business can use to grow or operate
• B) A company’s accumulated debt over a certain period
• C) The annual revenue generated by a company’s sales

Question 3:

What is liquidation?

• A) The process of dissolving a company and selling its assets to pay off debts
• B) The expansion of a company into new markets
• C) Increasing the production of goods to meet demand

Section 5: What’s the Spelling? (3 questions)

Choose the word that is spelled correctly.

Question 1:

Which word is spelled correctly?

• A) Receeve
• B) Recieve
• C) Receive

Question 2:

Which word is spelled correctly?

• A) Budgetary
• B) Buggitary
• C) Budgitary

Question 3:

Which word is spelled correctly?

• A) Expenditure
• B) Expinditure
• C) Expediture

Answer Key and Explanations:

Section 1: Choose the Missing Word

1. A) increased – Increased means to grow or become larger, which is the correct verb to describe profits going up.
2. A) accelerate – Accelerate means to speed up, making it the correct choice for speeding up a process.
3. B) overview – An overview is a general summary, which is the correct term when describing a broad explanation of a plan.
4. A) streamline – To streamline means to make a process more efficient by eliminating unnecessary steps.
5. A) justified – Justified means something is reasonable or has good cause, which fits in this context.

Section 2: What’s the Opposite?

1. A) loss – The opposite of profit (earning money) is loss (losing money).
2. B) reduce – Expand means to grow or increase in size, so its opposite is reduce, which means to make smaller.
3. C) decrease – Increase means to grow larger, while decrease means to become smaller.

Section 3: Sound Similar

1. A) allocate – Allocate means to distribute resources for a particular purpose.
2. B) discrete – Discrete means separate or distinct, while discreet means cautious or careful in speech or behavior.
3. A) address – Address means to deal with or focus on solving a problem.

Section 4: Definitions

1. A) The process of hiring external companies to handle certain business functions – Outsourcing refers to delegating specific tasks or operations to third-party providers.
2. A) The total amount of money and assets a business can use to grow or operate – Capital in business is the financial resources a company uses for investments and operations.
3. A) The process of dissolving a company and selling its assets to pay off debts – Liquidation involves closing a company and converting its assets into cash to settle debts.

Section 5: What’s the Spelling?

1. C) Receive – Receive is the correct spelling, meaning to get or accept something.
2. A) Budgetary – Budgetary refers to anything related to a budget.
3. A) Expenditure – Expenditure means the act of spending money or resources.

Scoring and Feedback:

• 12-15 correct: Excellent! Your business English is strong, and you have a good grasp of both vocabulary and spelling. Keep practicing to maintain your fluency!
• 8-11 correct: Good job! You have a solid understanding of business vocabulary, but you might want to review some of the more nuanced terms or focus on spelling.
• 4-7 correct: Fair effort. You’re developing a foundation in business English, but you should focus on learning more vocabulary, especially with opposites and word usage.
• 1-3 correct: Needs improvement. You may be struggling with basic business English vocabulary. To improve, try reading business articles and practicing common business terms.