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ACADEMY OF FINANCE
DIVISION OF FOREIGN LANGUAGES
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QUESTIONS FOR BASIC ENGLISH TEST (LEVEL 1) December 2021 1.
What information is on most business cards?
=> Name, address, job title, qualifications, company name, phone, email, etc… 2.
Tell something about a company that you know?
=> Christian Dior SE, commonly known as Dior, is a French luxury
fashion company controlled and chaired by a French businessman,
who also heads LVMH, the world's largest luxury group. The company
was founded in 1946 by French fashion designer Christian Dior, who
was originally from Normandy. This brand sells cosmetics, shoes,
and clothing. There are so many Dior stores all over the world. 3. What is tax?
=> Tax is the money that a company and employees pay to the government. 4.
What is a multinational company?
=> Multinational company is a big company that has offices, shops,
or factories in several countries. 5. What is a family company?
=> A family company is a commercial organization in which
decision-making is influenced by multiple generations of a family,
related by blood or marriage or adoption, who has both the ability to
influence the vision of the business and the willingness to use this
ability to pursue distinctive goals. 6.
Do you like to work for a family company? Why? 1
=> No, I don’t because it doesn’t have a lot of growth opportunities for me. 7.
Do you like to work for a multinational? Why?
=> Yes, I do because I have a chance to work in a professional
environment and the salary is higher. 8.
What is the function of the Personnel Department?
=> The function of a personnel department is to assist with the
acquisition, development, and retention of the human resources
necessary for the success of the organization. 9.
What does the Marketing department do?
=> The Marketing Department is responsible for promoting products
or services by creating meaningful messages through words, ideas,
images, and names that deliver upon the promises/benefits an
organization wishes to make with its customers. 10.
What does the Human Resources department do?
=> The Human Resources Department hires new employees and
organizes training. HR responsibilities include compensation and
benefits, recruitment, firing, and keeping up to date with any laws that
may affect the company and its employees. 11.
What does the finance department do?
=> Finance Department is responsible for dealing with the company’s
accounts by acquiring funds for the firm, managing funds within the
organization, and planning for the expenditure of funds on various assets. 12.
What does the Sales department do?
=> The function of a sales department is to sell the products to the
customers by engaging in a variety of activities to promote the
customer purchase of a product or the client engagement of service. 2 13.
What does the purchasing department do?
=> The purchasing department staff is composed of various
professionals who identify the supply needs, manage requisitions,
control budgets, and procure goods at competitive prices. In short,
purchasing department buys products or services for the company.
* Purchasing department = Buying department. 14.
What does the R&D department do?
=> The main function of the R&D department is to research, invent
and develop a new product according to market demand, in line with
the company's development strategy. 15.
What are some of the differences between a family company and a multinational?
=> To my knowledge, there are several differences between a family
company and a multinational company. To begin with, the family
company’s usually small and all the employees know one another very
well. In contrast, a multinational company is usually very big. It has a
lot of offices in many countries all around the world. There are so
many employees in a multinational company that they hardly know all their co-workers.
Family company: small, all the employees know one another very well
Multinational company: big, many global offices, many employees 16.
What country do you think is interesting to work in? Why?
=> The way I see, Germany was deemed the top destination to work in
because of some specific reasons:
- Germany has a thriving economy (more chances people can get)
- No sort of communication gap at the workplace (Germans speak English very frequently)
- The excellent quality of life owing to good salaries (good standard 3 of living) 17.
Why do many people like to work in different countries?
=> From my perspective, many people like to work in different
countries because of some particular reasons:
- People are always curious about novel things. They want to have
some new experiences in other nations.
- High chances (higher salary, better standard of living, more confessional environment). 18.
Why don’t many people like to work in different countries?
=> If you ask me, I would say many people don’t like to work in
different countries because they feel comfortable when working in
their nations. Moving to other countries includes so many risks that they don’t want to exchange. 19. What is a team?
=> A team is a group of people in 20. Who is a team leader?
=> A team leader is a person who organizes the team members and
listens to their opinions. 21.
Do you like to work in a team? Why?
=> I enjoy working in a team because it’s a chance for me to bond
with others. Teamwork is an ideal way to make the project more successful. 22. Who is a CEO?
=> CEO stands for Chief Executive Officer, is the top manager in an organization. 23. What is a management guru? 4
=> Someone who knows a lot about business. 24. How can people pay for things? => - Cash
- Cash Card (VietinBank, Agribank, BIDV,….)
- Payment online (Paypal, Momo, App Mobile Banking...) 25.
What necessary information should be included in an invoice?
=> Customer, Supplier, Account number, Product code, Product
description, Price, Quantity, Discount, Subtotal, Total. 26.
Why do so many big projects fail?
=> Some projects fail because the work takes longer than planned.
Sometimes the cost of labor or materials is more than the agreed budget. 27. What is the function of a CEO?
=> A CEO is a person who makes important decisions and leads the company 28.
List 3 luxury goods companies. What products do they make or sell?
=> - Dior (clothes, shoes, perfume, cosmetics)
- Tiffany & CO (jewelry, perfume, watch, crystal, porcelain, clothes)
- Givenchy (perfume, cosmetics) 29. Who is an investor?
=> An investor is a person or an organization that puts money into a business. 30.
What things can a company do to help its workers?
=> A company can organize events, picnics, reward workers, 5
organize training courses, improve the working environment… 31.
Name 3 brands in the budget market? What do they make?
=> 3 brands in the budget market: Zara, H&M, UNIQLO. They sell
clothes, everything related to fashion. 32. List some kinds of office?
=> open-plan, shared, modern, traditional. Cellular, zonal. 33.
Give some examples of corporate events? => Business Dinners Networking Events Product Launches Holiday Parties Seminars Charity Events Trade Shows 34.
Why do staff like office picnics?
=> Staff like picnics because they can arrive and leave when they
want to. They can relax,
eat and play games with family and colleagues. 35. What is charity?
=> Money or gifts that people give to help people. 36.
What is a charitable foundation?
=> An organization that uses money to help people. 37.
How can rich people do charity?
=> Apart from money, they can use their time, social connections,
and skills to help find solutions to some of the world’s problems, 6
such as poverty and the environment. 38.
Do you think the rich need to help the poor? Why?
=> To tell the truth, the rich just need to help the poor who don’t have
the mental condition to make money. I don’t encourage the rich to help
the people who can earn a living but they are too lazy to do. 39.
Who should find solutions to world problems – billionaires or governments? Why?
=> It can’t be confused that the government is responsible for finding
solutions to world problems. The government is the group of people
who control and make decisions for a country, state. Their
responsibility is to come up with enlightened policies to make life
better. Besides, billionaires are people who have a lot of money and
social connections. They can easily solute serious matters. To sum up,
both of them should find solutions to world problems. 40.
Think of some ways for charitable foundations to spend money?
=> They can raise funds by traditional charity calling, rummage
sales, waste-paper collecting, and handmade sales. Also, they can
take advantage of social networks to expand the reach to attract more people’s attention. 41.
What is the task of project manager?
=> Planning, organizing, and directing the completion of specific
projects for an organization while ensuring these projects are on time, on budget, and within scope. 42.
What famous inventors come from your country? What did they invent?
=> Masters Nguyen Thanh Dong and engineer Hoang Dieu Hung
are two well-known inventors who come from Vietnam. They invented
nanotechnology which helps purify water. 43.
What factors make a project successful? 7
=> Five factors that are integral to project success are building the right team, assigning tasks correctly, maintaining open
communication, managing risk, and appropriately closing the project.
On schedule or ahead of schedule
On budget or under budget 44.
What is the most important factor for a successful project? Why?
=> In my view, a successful project is up to human abilities, so the
most important factor is having smart staff. Intelligent people know
how to build the right team, assign tasks, maintain open
communication, manage risk through schedule and budget. 45.
Why do many people like playing games?
=> I suppose there are three main reasons why many people like playing games.
- They have an easy escape from the stress of life (reduce stress)
- They are exposed to greater creativity and imagination.
- They’re more connected to their inner child. 46.
Do you think it is important to do market research? Why? Yes, I do
Because it helps companies find out what customers think about a
company and the products. It can improve the quality of products and
get more profit for the companies. 47.
Why do many people decide to move abroad?
=> - Find a better job with a higher salary - A happier life
- Interesting factors in other countries attract people’s curiosity 48.
What countries do think have a good quality of life? Why? 8 => European Union or
Australia are places people tend to choose as
an ideal destination because they have a comfortable climate, safe
security, the cost of living is not high, high-quality goods, and a high standard of living. 49.
Which country do you want to live in? Why?
=> If I have a chance to choose a place to live in, Germany is my
choice because of the German. They are honest, disciplined, flank,
and polite. In particular, I am very interested in the German queuing and dining culture. 50.
Why are many British people moving to other countries?
=> - The cost of living is high - Find a better job
- Live in another country is more interesting –a happier life 51.
Why do many rich people do charity?
=> Because they have a lot of money and useful social connections 52.
Why do many people often change companies nowadays?
=> Because they want promotion and . higher salary 53. What is a retailer?
=> It is the company that sells products to the public 54. What is a service industry?
=> Companies that sell services instead of products 55.
What does the term “cost of living” mean?
=> It means the amount of money people need to buy the things they need 9 56.
What do you think of a CEO’s work?
=> A CEO is a person who makes important decisions and leads the
company. As a result, a CEO’s work is extremely stressful and hard because of the heavy workload. 57. What is a discount?
=> a deduction from the usual cost of something, typically given for
prompt or advance payment or to a special category of buyers. 58.
Do you want to work in a team? Why?
=> Yes, I do because of some particular reasons: - Make friends
- The more ideas we have, the more successful the project will be
- Learn how to teamwork, how to get along well with the others 59.
Name seven countries that use the currency of the Euro?
=> Austria, Belgium, Finland, France, Germany, Greece, Ireland… 60.
Do people in rich countries emigrate to other countries? Why?
=> Yes, they do because they want to live and work in another
country for the rest of their lives. 61. What is the exchange rate?
=> The exchange rate means the value of the money of one country
when you change it for the money of another country. 62.
What does the phrase “on budget” mean?
=> On budget is at the money available 63.
What does the phrase “over budget” mean?
=> Over budget is more than money available 10 64.
What does the phrase “under budget” mean?
=> Under budget is less than the money available 65.
What are the major causes of a project failure?
=> Some projects fail because the work takes longer than planned.
Sometimes the cost of labor or materials is more than the agreed budget. 66.
What are the stages of a project?
=> Projects are divided into six stages: Definition. Initiation. Planning. Execution.
Monitoring & Control. Closure. 67.
What does a product description mean?
=> A product description contains and about
details about these features what
the product does and what it is for. 68.
Describe a product that you bought recently?
=> Recently I bought a beautiful fountain pen. It is a pretty small round
pen. It is as long as one glove of mine. The tapered pen cap is bright
orange. The pen’s core is made of soft, flexible plastic and the spring
makes it easy to pump daily ink. The smooth nib creates round soft strokes. 69. What does a competitor mean?
=> A company that sells products or services in the same market as your company 11 70. Who is the founder?
=> It is a person who starts a company. 71.
What does a “SWOT” analysis stand for?
=> It means: strengths, weaknesses, opportunities, and threats 72.
What does “Strengths” mean in a SWOT? Give examples
=> What you are good at doing. For example: Enthusiasm Trustworthiness Creativity Discipline Patience Respectfulness Determination Dedication Honesty Versatility 73.
What does “Weaknesses” mean in a SWOT? Give examples
What you are not good at doing. For example: Self-criticism. Shyness.
Lack of knowledge of particular software. Public speaking. Taking criticism. Lack of experience. 12 Inability to delegate. Lack of confidence. 74.
What does “Opportunities” mean in a SWOT? Give examples
=> The chance to do something/Can my organization increase sales or find new markets?
For example: If a country cuts tariffs, a car manufacturer can export its
9-cars into a new market, increasing sales and market share. 75.
What does “Threats” mean in a SWOT? Give examples
=> Something that can have a bad effect/Does another company
offer better products or services?
For example: If new laws were to state that parodying popular
entertainment (in the form of art) for commercial purposes is illegal,
then this would certainly be a big threat to those whose careers rely on the practice. 76. What is the luxury market?
=> It is the area where products are expensive to make and buy 77. What is the budget market?
=> The area where products are cheap to make and buy 78. What is a market leader?
=> The product or service that most people buy 79. What does market share mean?
=> How much of the market buy a company’s products or services. 80. What is market research?
=> Surveys to find out what customers think about a company 81.
What does domestic market mean? 13
=> The market in a company’s own country 82. What are low-cost economies?
=> Countries where the cost of living isn't high. 83. Who is the chairperson? => The chairperson is (a man or woman) the head of a company 84.
When does a product become the market leader?
=> A company can establish itself as the market leader by being the
first to offer a product or service. The product or service must be
novel enough to attract a consumer base, and then the company must keep on top of to maintain leadership. consumer preferences 85.
Do you think that it is possible for a company to be competitive and also help people?
=> A company can be competitive and can also help people. Tata
Group is one example. Not only is the group more competitive by
Ratan Tata’s changes but it also helps the children of Tata’s
steelworkers to receive free education. Also, today they are helping
people in India. As far as we know, Tata’s able to help people and be competitive at the same time. 86.
What can a company do to compete with its competitors?
=> There are several strategies a company should use to ensure they
stay ahead of their competitors.
- Offer a better price, service, or product.
- Carry out market research to find out what customers think. Then
they use the information to help them to increase their market share. 87.
What things do you need to think about before moving to another country?
=> There’s a lot to think about when moving overseas: 14 - Cost of living - Healthcare - Quality of life 88.
What do applicants often think about when applying for a job?
=> Pay, working conditions, and pension. 89.
What are steps for looking for a job?
=> - Find the Best Job Listings - Keep Your Job Search Focused
- Build Your Professional Brand - Connect With Your Contacts
- Use Job Search Apps and Tools
- Create a List of Companies You'd Love to Work For
- Take the Time to Target Your Resume and Cover Letter - Prepare to Ace the Interview
- Accept (or Decline) a Job Offer 90.
What does a professional worker mean?
=> A professional worker has special training or knowledge to do a job 91.
What does an administrative worker mean?
=> An administrative worker does a lot of paperwork, usually in an office 92. What is a manual worker?
=> A manual worker does physical jobs, for example, on farms or in factories 15 93. What is a skilled worker?
=> Skilled worker is often specialized and may require a prolonged
period of training and experience. 94.
Is it a good idea for retired people to return to work? Why?
=> Yes, it is. I firmly agree that retired people could relax, but
working after retirement can boost mental, physical, social, and financial fitness. 95.
Full-time worker and part-time worker, which is better for you? Why?
=> I like stability so the full-time worker is my choice. If you work a
full-time job, the benefits of a full-time job vary by company and
position, such as health insurance, dental insurance, vision insurance
plans, disability insurance, retirement savings, and investment plans, and paid time off. 96.
Do you like the idea of flexible hours? Why?
=> Yes, I do because I can choose when I work. It is easy for me to manage my timetable. 97.
Permanent worker and temporary worker, which type of worker is the best for most people? Why?
=> From my standpoint, the permanent worker is the best for most
people. In addition to their wages, they often receive benefits like
subsidized health care, paid vacations, holidays, sick time, or
contributions to a retirement plan. Permanent employees are often
eligible to switch job positions within their companies. 98. What is a competitor?
=> It is a company that produces or sells the same things 99. What are luxury goods?
=> They are expensive products 100. What is a CV? 16
=> A CV (Curriculum Vitae) is a document that gives information
about a person’s education and previous jobs.
101. What necessary information should be included in a CV? => A CV must include:
- Your name and contact details.
- Technical and personal skills.
- Work, and community, and volunteer experience.
- Qualifications and education.
102. What is an employment agency?
=> It is an organization that helps people find a job 103. What is salary?
=> It means: money that you get for working
104. Name five departments of a company that you know?
=> They are Design, Marketing, It, Production, Finance, Buying,
Sales, Human Resources(HR), Research and development (R&D)
105. Name five positions used to describe the management in a company?
=> They are director, CEO, Boss, Manager, team leader, the head of the company, president 106. What is a manufacturer?
=> A manufacturer is a person or company that produces finished
goods from raw materials by using various tools, equipment, and
processes, and sells the goods.
Trả lời đơn giản hơn: a person or company that makes goods for sale.
107. Name five examples of sales promotion? 17 => Two-for-one Free ship Flash Sale Giveaway Buy one, get one free
108. List at least five words or phrases that go with the verb “make”?
=> make a decision, make a sentence, make a difference, make a mess, make a fuss
109. List at least five words or phrases go with the verb “do”?
=> do research, do homework, do an exam, do a business, do exercise
110. What do you do when you want to have ideas?
=> If I want to come up with new ideas, I will: - the outside world Observe - Read more books
- Listen to the public for creative ideas - Brainstorm
- Jot down everything that comes to mind 111. 111. What is a gap year?
=> A year away from college or work.
112. Is it a good idea to go straight from university to a job? Why? Why not?
=> Working straight after graduation is beneficial in some ways.
Firstly, young people can earn money as soon as possible. If they 18
finish high school, they will be mature enough to live independently on
their income. It is common sense that having a job can prove one’s
maturity. Secondly, a person who chooses to get a job instead of
studying higher is likely to progress rapidly in their career. This may
bring about a good chance to obtain a lot of real experience and skills for their chosen profession.
113. What does the term “career break” mean?
=> It means when you stop your job for a period to do something different
114. Do you want to take a career break? Why?
=> Yes, of course, because of some specific reasons:
- You have time to rejuvenate.
- You can gain a new perspective and new skills
- You have time to expand your network.
- You'll achieve personal fulfillment.
- You have space to determine your future direction.
115. Do you think a phone as a “remote control for life” is a good idea? Why? => Yes, I do.
Because it makes all the processes faster, more accurate, and more
personal. In other words, it’s more convenient than other traditional ways.
116. How much time do you spend on your phone? What do you do on it?
=> I spent 8 hours per day on my phone. I usually learn languages,
read e-books, listen to music, and use social networks.
117. Why is smartphone important in people’s life?
=> To me, the smartphone is an indispensable item because of some 19 specific utilities:
- Keep in touch with family and friends. - Store data. - Mobile payments
- Look up information, do researchers, which save people's time and money
- Help people to be socially active by providing many apps and social
media, such as Twitter, Facebook, etc.
118. What is a job advertisement?
=> Job advertisement is an announcement that informs people that
a certain job position is available. It contains information not only
about the job position but also about your company and the benefits you offer.
119. What does the term “workforce” mean?
=> It means all people who work in a particular country, industry, or workplace. 20