“Nothing will ever be attempted if all possible objections must be first overcome.” Jules Lederer

A Quiz for Professionals

Posted by Ustaza on December 16, 2006

Answer the following questions. There is only one correct answer.  Write your answers in the comments section. Don’t forget to sign off. The answers will be posted later (when everyone has submitted theirs!).  

1. A list of topics to be discussed at a meeting is …

a.       an agenda

b.      a portfolio

c.       a business plan

2. A series of jobs within z a company from junior to senior level is …

a.       an assembly line

b.      a conveyor belt

c.       a corporate ladder

3. There are three types of commerce in the market. Can you think which they are?

4. A person or an organization that rescues a company from being bought at low a price is…

a.       a venture capitalist

b.      a white knight

c.       an angel investor

5. Which of these words does not mean to grow rapidly?

a.       To burgeon

b.      To mushroom

c.       To plunge

6. Which of theses words is not usually used with the term balance sheet?

a.       A fit balance sheet

b.      A healthy balance sheet

c.       A strong balance sheet

7. What animal is associated with people who buy investments with the hope that they will rise in value?

a.       A bear

b.      A bull

c.       A dead cat

8. If a company sticks to its knitting…

a.       it struggles to sell its goods

b.      it tries to improve its image

c.       it concentrates on the things it can do well

9. What is the opposite of a downturn in the economy?

10. Which of these words refers to a product rather than a person or an organization?

a.       A loss leader

b.      An early adopter

c.       A line manager

11. A rise in the general prices of goods and services over time is called…

a.                 privatization

b.                inflation

c.                 supply and demand

12. What is another word for buzz marketing?

13. Which of these words does not refer to a person?

a.                 A market leader

b.                A salaryman

c.                 A trouble shooter

14. What is t-commerce?

a.                 The activity of trading goods

b.                The buying and selling of tea products

c.                 The buying and selling of products using television or telephone

15. What type of chart would you use to manage the tasks involved in a project?

a.                 A bar chart

b.                A Gantt chart

c.                 An organigram

16. The subject of economics can be split into two branches:

Macroeconomics and………………………………..?

17. Which of these words means to move art of a company’s operations to a foreign country?

a.                 To jettison

b.                To downsize

c.                 To offshore

18. What happens when a company reaches break-even point?

a.                 It doesn’t have enough money to continue

b.                It earns enough money to pay for its costs

c.                 It earns as much money as the average for its industry

19. What is hot-desking?

a.                 The practice of giving workers a desk to work at only when they need one

b.                The activity of working from home and using the internet to communicate with your office

c.                 The study of how office equipment can be made more comfortable and efficient

20. A list of things that you have bought showing what you must pay is…

a.                 a balance sheet

b.                an invoice

c.                 a letter of credit

21. What is an Incoterm?

a.                 An International Commercial Term

b.                An Intercontinental Terminal

c.                 An Inter-company Determination

22. Words that are placed on a web page to attract search engines are called

a.                 hotlinks

b.                shopping bots

c.                 spider food

23. A person who does not have enough money to pay their debts is…

a.                 ailing

b.                bankrupt

c.                 redundant

24. The practice of continuously improving the way a company operates is called…

a.                 firefighting

b.                stock control

c.                 kaizen

Quiz taken from The Little Book of Business. (2006). Oxford University Press.

Posted in Quizzes | 4 Comments »


Posted by Waqar on December 16, 2006

quote for this week

Nothing will ever be attempted if all possible objections must be first overcome.”
- Jules Lederer

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Keep in touch

Posted by Ustaza on December 6, 2006

 Hello and Asslaam Alaikum Everyone

Danish might have told you that I’ll be off for a few days to attend a Conference. Hope you’re less stressed theses days.

In case there is something that needs to be worked at our end, please contact Ms Faiza Saleem or Salman Javed at CEL.

I’ll keep you posted ……


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No class on December 02!

Posted by Ustaza on November 30, 2006

Hello and Assalaam Alaikum

I am sure you are aware that there is no class this Saturday [Dec 02] because of the University convocation. You must have reached a consensus regarding the classes going forward.

My guess is that we’ll be having classes on Dec 09, 16 and a two hour session on Dec 23 for the Post Course Test.

Do confirm the dates asap.

How’s you’re schedule these days

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Eric Baber’s blog

Posted by Ustaza on November 26, 2006

Hello and Assalaam Alaikum

I thought you might be interested in checking out Eric Baber’s blog

According to the BESIG [Business English Special Interest Group] he “specializes in the use of technology in (langugae) learning and writes, presents and consults regularly on this and related issues.”

Write your comments about the blog.


PS How was your final session on Presentation Skills? What do you consider your chances of joining Lollywood are?

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Posted by Waqar on November 24, 2006

quote for this week

Nothing will ever be attempted if all possible objections must be first overcome.”
- Jules Lederer

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British and American Financial Terms

Posted by Ustaza on November 22, 2006

Here are some of the main differences between British and American financial terminology.



Annual General Meeting (AGM)

Annual Stockholders Meeting

Articles of Association


authorised share capital

authorized capital stock

barometer stock

bellwether stock

base rate

prime rate

bonus or capitalisation issue

stock dividend or stock split

bridging loan

bridge loan

building society

savings and loan association






accounts payable

current account

checking account


accounts receivable

gilt-edged stock (gilts)

Treasury bonds



Memorandum of Association

Certificate of Incorporation

merchant bank

investment bank

ordinary share

common stock



profit and loss account

income statement


real estate

quoted company

listed company

retail price index (RPI)

consumer price index (CPI)



share premium

paid-in surplus



shareholders’ equity

stockholders’ equity



trade union

labor union

unit trusts

mutual funds

visible trade

merchandise trade

Posted in Business English | 2 Comments »

What’s up?

Posted by Ustaza on November 22, 2006

Hello and Assalaam Alaikum

Where are you guys? Jasmin told me you’ve become workaholics?

Did you check out the video? By the way how was the session on Presenation skills?

I heard that Irfan will be filming the presentations on Saturday. Can I also come for your presentations? Actually I’ll be at AKU from 0900 to 1600 hours, with a break from 1200 to 1300, inshallah. So I’ll peep in then.

See ya


Posted in Greetings | 2 Comments »

Presentation Skills

Posted by Ustaza on November 14, 2006


Posted in Presentation Skills | 2 Comments »


Posted by Waqar on November 14, 2006

I found this quite interesting what about you guys??????????? 

‘Many of life’s failures are people who did not realize how close they were to success when they gave up’.
- Thomas A. Edison

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