10.-12. anyag

Question 1

An activity of working for a company for a limited period of time

Answer 1

Seasonal work

Question 2

Someone who works for a company without being hired, eg. Independent contractors, freelancers, consultants

Answer 2

Contingent workers

Question 3

A type of economy that operates flexibly, involving the exchange of labour and resources through digital platforms that actively facilitate buyer and seller matching eg. Uber, Airbnb, doordash

Answer 3

Gig economy

Question 4

you get above your salary

Answer 4

Fringe benefits
Perks

Question 5

A person who is applying for a job

Answer 5

Applicant

Question 6

A letter written to an employer in response to a job advertisement

Answer 6

Application

Question 7

A document that gives information on a person’s qualification and experience

Answer 7

CV

Question 8

Synonym to employ someone

Answer 8

Hire

Question 9

List of employees working for a company and the administration of their pay

Answer 9

Payroll

Question 10

The person who conducts a job interview

Answer 10

Interviewer

Question 11

When is there is need for workforce, new staff members at a company we say there is …

Answer 11

Vacancy

Question 12

A company that searches for workforce and supplies other companies with possible candidates

Answer 12

HR

Question 13

Cover letter needs:

Answer 13

Formal layout
Professional language
Perfect spelling

Question 14

Businesses owned by individuals or private entities rather that the state
- Driven by profit motives
- operate within competitive markets

Answer 14

Free / private enterprises

Question 15

Companies that are nationalised, owned and operated by local and central government
- provide public goods and services
- support social objectives

Answer 15

State-owned companies

Question 16

Business with one owner
Self-employed people: owners of small shops
Freelancers: professionals, service providers working for clients
Retailing, direct services
- unlimited liability

Answer 16

Sole proprietors
Sole traders

Question 17

All partners individually liable for the losses

Answer 17

General partnerships

Question 18

General + sleeping partners

Answer 18

Limited partnership

Question 19

Contribute to the business with capital, liability is limited to their capital investment, not involved in day-to-day business

Answer 19

Sleeping partners

Question 20

Unlimited liability

Answer 20

General partners

Question 21

Max 50 members
Restrictions of the transfer of shares

Answer 21

Private limited company

Question 22

No restriction on the number of members
They can sell their shares freely on the stock exchange

Answer 22

Public limited companies

Question 23

A company is recognised as an independent entity distinct from its owners, directors and employees

Answer 23

Separate legal entity

Question 24

To sell company shares at the stock exchange

Answer 24

To go public

Question 25

When 2 companies become one

Answer 25

Merger with

Question 26

Buying of smaller companies

Answer 26

Takeover Acquisitions

Question 27

The firm with the largest market share

Answer 27

Market leader

Question 28

A system of authority with different levels, one above the other, e.g. a series of management positions, whose holders can make decisions, or give orders and instructions

Answer 28

Hierarchy or chain of command

Question 29

The power to give instructions to people at the level below in the chain of command

Answer 29

Line authority

Question 30

Executive directors + non-executive directors

Answer 30

Board of directors