Business and Economics
Listening Transcript
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Have you ever thought about how important Business and Economics can be? They give us a lens to understand how the world works. So, what’s business about? Well, it involves setting up and managing organizations that aim to make a profit. These organizations either sell things or provide services to customers. And what about Economics? It’s like the study of how money and resources are spread and used across people, companies, and countries. It’s all about how decisions are made about money. Many people decide to study these subjects at university. Why? Because knowing about business and economics can lead to successful careers and a pretty decent paycheck.
Questions
Multiple Choice Questions
- What is the primary aim of organizations in the business field according to the passage?
- A. Social impact
- B. Providing free services
- C. Making a profit
- D. Government control
- According to the passage, what is Economics mainly concerned with?
- A. Designing business logos
- B. The study of plant life
- C. The distribution and use of money and resources
- D. Teaching language skills
- Why do many people study Business and Economics at university as stated in the passage?
- A. To write novels
- B. Because they are easy subjects
- C. For successful careers and decent paychecks
- D. To become athletes
Match the Definition with the Word
- The practice of setting up and managing organizations with the aim of making money.
- A. Economics
- B. Business
- C. Paycheck
- D. Study
- The study of the distribution and usage of resources, including money.
- A. Study
- B. Paycheck
- C. Economics
- D. Business
- A sum of money received regularly as payment for work.
- A. Economics
- B. Study
- C. Business
- D. Paycheck
Answers
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Multiple Choice Questions
- C. Making a profit
- C. The distribution and use of money and resources
- C. For successful careers and decent paychecks
Match the Definition with the Word
- B. Business
- C. Economics
- D. Paycheck
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