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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. Someone who invests in a business partnership without taking part in business affairs. Usually sleeping partners have limited liability.






2. An agreement that regulates the rights and obligations of shareholders.






3. Someone who starts a new business venture often involving innovation and risk taking.






4. A shipment of goods to a consignee.






5. Earnings Before Interest - Taxes - Depreciation and Amortization.






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






7. 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.






8. Hospital department for people who suddenly become ill or are hurt in an accident.






9. Cargo ships not specialised in one type of cargo unlike a full containership.






10. Device containing water - foam or powder used to put out a fire.






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






12. A rectangluar piece of luggage for carrying clothes.






13. The right to privacy and control of your information on the internet.






14. A marketing strategy where a company tries to gain greater dominance in a market - for example - by offering special prices.






15. Debts; money that must be paid.






16. Net profits divided by net worth or total equity.






17. A flexible tube used to transport liquids or gas.






18. The year as used in accounting which can begin and end in any month as the company sees fit.






19. Events which are beyond the control of a carrier like war - earthquakes or floods.






20. Earnings Before Interest and Taxes.






21. The purchase of a business based on the company's cash recipts and the belief positive cash flow will continue.






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






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






24. Ships especially designed for trucks to drive into them using internal ramps.






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






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






27. System where goods are produced as and when they are needed rather than producing items in advance and storing them in a warehouse.






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






29. A unit of measure for liquids equivalent to 42 gallons.






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






31. The total value of all the outstanding shares of a publicly-traded company.






32. When all members of a group agree to support a decision even if they don't agree with it.






33. A warehouse authorized by customs where goods are stored and no payment is required until the goods are removed.






34. Ceiling-mounted camera used in stores and casinos etc to monitor customers.

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






36. The idea that anything you tell your doctor will remain confidential.






37. The times of highest demand for a product or service.






38. An invasion of someone's private life without due cause.






39. Forty-Foot Equivalent Units - a standard size for shipping containers.






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






41. Information officially declared secret - such as classified documents or material that are available only to particular people.






42. A statisitical measure of how well a company is doing in a certain area.






43. A short statement describing the main objectives and aims of a business.






44. Finding out or ascertaining something previously unknown.






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






46. A new scientific or technical idea.






47. Raised flat area beside a train track for entering or exiting a train.






48. A portion - piece or segment of something that is representative of the whole.






49. A systematic - independent examination of whether a company's quality procedures are being followed and goals being achieved or not.






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






Can you answer 50 questions in 15 minutes?



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