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Business English Test

Instructions:
  • Answer 50 questions in 15 minutes.
  • If you are not ready to take this test, you can study here.
  • Match each statement with the correct term.
  • Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.

This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. A financial statement showing sales - cost of sales - gross margin - operating expenses etc.






2. An organization able to respond to and address changes in a market - their environment or industry.






3. Finding out or ascertaining something previously unknown.






4. A machine used to pick up and transport goods loaded on pallets.






5. A test of a company's ability to meet its immediate cash requirements: short-term assets minus accounts receivable and inventory - divided by short-term liabilities.






6. Written description of how something should be done.






7. A person who is involved in a situation in addition to the two main participants.






8. Series of questions designed to gather information on a certain topic.






9. The characteristic of a measurement regarding how precise it is.






10. The obsessive following - observing or contacting of another person.






11. A response or reaction to a piece of information.






12. General term for ships designed to carry cargo rather than passengers.






13. Things which are likely or feasible.






14. A vessel sailing between specific ports on a regular basis.






15. To make valid by approval - to establish the certainty of something.






16. The state of remaining unknown to most other people.






17. A formal framework for identifying an organization's growth opportunities - strengths - weaknesses - opportunities and threats.






18. A notice to a buyer that shipment has gone forward which contains details of packing - routing etc.






19. The possibility of suffering harm or loss; a danger.






20. Part of the Bill of Rights which provides people with the right to be secure in their persons - houses - papers etc.






21. A method recognised throughout a business sector as the best way to do something.






22. A place where parts of the ownership of companies are bought and sold - or the organization of people whose job is to do the buying and selling.






23. Cargo which is transported by plane.






24. The right to say what you want without anyone stopping you.






25. When a company buys another one for more than the asset value the difference is called goodwill.






26. A receipt for goods issued by a carrier indicated that goods were received without damage or irregularities.






27. Entering land or property without permission from the owner or the right to enter.






28. Transporting something using different means of transport - e.g. first on a truck and then on a ship.






29. Damage or hurt experienced by a person or animal.






30. To decide that an agreed appointment or booking will not take place.






31. The right of owners of physical or intellectual property to consume - rent or sell their property.






32. The truck unit onto which freight in a container is loaded.






33. Abbreviation for a standardized container - Twenty-foot equivalent unit.






34. Setting a relatively low intitial price for a new product in order to win market share.






35. An investment contributed at the early stages of a new venture.






36. A form of company which has a separate legal identity and limited liabilities.






37. List of goods in a store or warehouse.






38. The time it takes between the arrival of a vessel or aircraft and its departure.






39. A model depicting the sales curve of a product split into four stages - introduction - growth - maturity and decline.






40. The right to have details of your financial transactions kept secret.






41. When you allow someone to start a specific business by using your products in exchange for a part of his profits.






42. Debts; money that must be paid.






43. Transportation method where truck trailers with their loads are moved by train to their destination.






44. Metal rails along which a train travels.






45. The time which a seller needs to produce and deliver goods.






46. The efforts to make a product seem different from rival products or even unique.






47. A short description of a company's purpose in relation to customers - products - markets etc.






48. Fundamental human rights usually protected by law such as freedom of speech and religion.






49. Bills to be paid as part of the normal course of business.






50. Letting a third-party company take care of your logistics for you.