ESL Podcast 196: A Business Plan Quiz

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A quiz about ESL Podcast 196: A Business Plan. There are many elements to a successful business plan. This podcast is not meant to be a complete discussion on writing a business plan, but to provide some useful expressions on the topic.
At the beginning of the podcast, the speaker will present the content very slowly and clearly. He will then explain key vocabulary and expressions, then repeat the content at a faster, more normal rate of speaking.
Listen first to the podcast then answer the following questions.

Questions and Answers

1.

What is the speaker's business idea?
- A.
  
  Sell goods on the Internet.
- B.
  
  Help others sell good on the Internet
- C.
  
  Use the Internet to collect information on selling.
- D.
  
  Get paid for surfing the Internet
Correct Answer
B. Help others sell good on the Internet
2.

What does the expression "to be in the black" mean?
- A.
  
  To use the black market to sell your goods.
- B.
  
  To do things only when it is dark outside.
- C.
  
  To do something that might not be completely legal.
- D.
  
  To be making a profit.
Correct Answer
D. To be making a profit.
3.

What was the first thing Steve said need to be done?
- A.
  
  Figure out a business plan.
- B.
  
  Find financing.
- C.
  
  Rent office space.
- D.
  
  Bai Bai.
Correct Answer
A. Figure out a business plan.
4.

Although it might be part of a business plan, what DIDN'T Steve suggest?
- A.
  
  Estimated gross sales
- B.
  
  Revenue projections
- C.
  
  A target market
- D.
  
  Office location
Correct Answer
D. Office location
5.

In the context of this podcast, what is the meaning of "to be well on my way"?
- A.
  
  Making good progress
- B.
  
  Traveling very far
- C.
  
  To be very healthy
- D.
  
  To be digging a well
Correct Answer
A. Making good progress
6.

How long did the speaker work on his business plan before he felt ready to present it to potential investors?
- A.
  
  A few days
- B.
  
  A few weeks
- C.
  
  A few months
- D.
  
  A few years
Correct Answer
C. A few months
7.

When does the speaker hope to be "well on his way" to building his "business empire"
- A.
  
  Next week
- B.
  
  Next month
- C.
  
  Next year
- D.
  
  In a couple years
Correct Answer
C. Next year

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Current Version
Mar 20, 2022

Quiz Edited by
ProProfs Editorial Team
Oct 06, 2008

Quiz Created by
Craiggdodge

ESL Podcast 196: A Business Plan Quiz

What is the speaker's business idea?

What does the expression "to be in the black" mean?

What was the first thing Steve said need to be done?

Although it might be part of a business plan, what DIDN'T Steve suggest?

In the context of this podcast, what is the meaning of "to be well on my way"?

How long did the speaker work on his business plan before he felt ready to present it to potential investors?

When does the speaker hope to be "well on his way" to building his "business empire"