Business English Vocabulary Quiz - People & Companies

Business Vocabulary Quiz: People & Companies

Here are some people describing the type of organization or work they do. Can you select the correct vocabulary from the options below to complete each sentence.

• entrepreneur
• family firm/business
• freelance
• multinational
• self-employed
• state-owned

The company I work for is (1)______. People often say that these organizations aren’t run very well, but there are many initiatives now to try and make all our departments more efficient and effective.

1.
entrepreneur
family firm/business
freelance
multinational
self-employed
state-owned

For me, the biggest benefit of working for a (2)______ company is the opportunity to get work experience abroad. Last year I was working in Germany, this year I’m back in the UK, based at our head office.

2.
entrepreneur
family firm/business
freelance
multinational
self-employed
state-owned

I’m (3)______. A few years ago, I sold my own company because I didn’t really enjoy having to manage other people all the time. Now I work (4)______ on projects for many different companies.

3.
entrepreneur
family firm/business
freelance
multinational
self-employed
state-owned
4.
entrepreneur
family firm/business
freelance
multinational
self-employed
state-owned

This company was started by my grandfather many years ago and now my father is in charge of it. At the moment, I’m studying business management at university. After I graduate, I want to start working in the (5)______.

5.
entrepreneur
family firm/business
freelance
multinational
self-employed
state-owned

I like to start companies with new ideas then when they grow and everything is going well, I normally put them up for sale and start another company based on a different idea. I prefer being an (6)______ than simply being a manager in charge of other people.

6.
entrepreneur
family firm/business
freelance
multinational
self-employed
state-owned

Score =

Correct answers:

Entrepreneur

An individual who starts and runs a business, taking on financial risks in the hope of profit.

Example: Jane is an entrepreneur who founded her own tech startup last year.

Family firm/business

A business that is owned and operated by members of the same family.

Example: Smith & Sons is a family business that has been passed down through three generations.

Freelance

Working independently and not committed to a particular employer long-term.

Example: After quitting her job, Sarah decided to work freelance as a graphic designer.

Multinational

A company that operates in multiple countries.

Example: Apple is a multinational corporation with stores in over 25 countries.

Self-employed

Working for oneself as a freelancer or the owner of a business rather than for an employer.

Example: Mark is self-employed as a consultant and sets his own working hours.

State-owned

A business or industry that is owned and controlled by the government.

Example: The country's railway system is a state-owned enterprise.