Инглиш / Small Business, test

Small Business

Lexical Test

Task I. Choose the correct item:

1. All successful entrepreneurs share a number of common … .

1. risks b) skills c) traits

2. When starting your own business you should be … of all positive risks.

a) aware b) able c) sure

3. In a … franchise the franchisee is licensed to produce and distribute the parent company’s products.

1. business-format b) manufacturing c) product

4. Most franchisees obtain … to cover a part of the cost.

1. a franchise b) a loan c) royalty

5. A(n) … wins because he builds a strong foundation for his company.

1. entrepreneur b) franchisee c) franchiser

6. Franchises account for about one third of all … in the USA.

1. businesses b) enterprises c) retail services

7. The latest trend in franchising has been … in the variety of products and services offered.

a) exchange b) diversification c) dealership

8. The SBA helps small firms sell their products … .

a) abroad b) to the federal government c) to general public

9. The number of franchises is growing due to the obvious … of this form of business.

a) advantages b) disadvantages c) risks

10. Starting a successful small business does not always require a lot of … .

a) energy b) formal education c) intelligence

Task II. Complete the sentences using the appropriate derivatives of the words given in brackets:

1. The term “entrepreneurship” has become very … over the past decades. (fashion)

2. Many studies have tried to analyze the … of the entrepreneur. (person)

3. To make the right decision we need to look … at all options. (care)

4. Real entrepreneurs aren’t gamblers who depend solely on chance to … .(success)

5. Society in general … from every personal failure. (lost)

6. It costs 10-30% more to buy a franchise than to open a business … .(depend)

7. A common feature for successful entrepreneurs is their … with the products or services to be sold. (familiar)

8. The SBA develops and improves …skills of small-business owners. (manage)

9. Starting a new business can be a financial … .(necessary)

10. If you want to be really successful, work night and day to make your dream a … .(real)

Task III. Translate the Russian words into English:

1. I’m thinking of starting a business of my own and I need some financial (помощь).

2. Starting a new business always involves a risk of (неудачи).

3. Owning your own business can be the most (трудное, ответственное) thing in your life.

4. Many people find the potential independence and (материальное вознаграждение) very appealing.

5. Money is only a (побочный продукт) of a bigger goal for many successful entrepreneurs.

6. Are you fully aware of all the (трудности)that you will overcome?

7. For some people going into business for themselves has been a (мечта всей жизни).

8. Starting a successful small business requires certain basic skills, plus some background in the (предполагаемый) business.

9. When you invest in a franchise, you know that you are getting a (жизнеспособный) business.

10. One of the most significant (финансовая переменная) is the monthly payment that must be turned over to the franchiser.

Task IV. Give at least one synonym to each of the following words:

1. Monthly payment (n)

2. Set up (v)

3. Backer(n)

4. Go bankrupt (v)

5. Efficient (adj)

6. Objective (n)