Test on Essential Business English Terminology

Question 1: Wages are typically a fixed monthly payment.

A. Ano

B. Ne

Explanation: Wages are calculated by the hour or week, not as a fixed monthly payment. A salary is a fixed monthly payment.

Question 2: Working in shifts means covering the workplace 24 hours a day and telecommuting means working from home.

A. Ano

B. Ne

Explanation: Working in shifts is defined as covering the workplace 24 hours a day. Telecommuting is defined as working from home.

Question 3: Which of the following is an aspect of Corporate Social Responsibility (CSR) as defined in the study materials?

A. Contributing to the environment

B. Recruiting senior positions through headhunting

C. Setting realistic goals for time management

D. Calculating wages by the hour

Explanation: The study materials state that CSR means acting ethically and contributing to society, the environment, and employee welfare. Therefore, contributing to the environment is an aspect of CSR.

Question 4: According to the study materials, which of the following are possible outcomes for a candidate after a job interview?

A. The candidate can be offered the job.

B. The candidate can be placed on a shortlist.

C. The candidate can be rejected.

D. The candidate can be given a bonus.

Explanation: The study materials state directly: 'After a job interview, the candidate can be offered the job, placed on a shortlist, or rejected.' A bonus is mentioned as extra money for good performance, not an outcome directly after an interview.

Question 5: A bear market is typically characterized by rising prices and optimistic investors.

A. Ano

B. Ne

Explanation: A bear market means falling prices and pessimistic investors, as stated in the study materials.