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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. Net profits divided by net worth or total equity.






2. A wealthy person who invests in a start-up company.






3. The categorization of potential customers into groups based on common characteristics.






4. Setting a high initial price for a product to create a price-quality idea which early adopters will happily accept.






5. A company where the owners are personally liable for the debts of the company.






6. The ability to develop new ideas.






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






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






9. One of the documents required by a firm to become a limited company.






10. The point in units sold or sales amount when the expenses will be matched.






11. A form of corporate equity ownership giving voting rights.






12. Ships with permanent container cells with little or no space for other cargo types.






13. The first time a company offers its shares to the public.






14. Anyone who has an interest in the success of an organization - e.g. the owner - employees - shareholders.






15. The fraudulent use of someone's identity in order to steal money or get other benefits.






16. 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.






17. Device which breaks to stop the flow of current in the event of an overload.






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






19. Earnings Before Interest and Taxes.






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






21. The sale of part-ownership in a venture to gain additional capital for a start-up.






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






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






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






25. A place to live - work - stay in : rented/temporary/furnished accommodation.






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






27. 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.






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






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






30. Documents used to procure freight and express transportation and services from commercial carriers.






31. A measure of the average time between failures in a system - the higher the amount - the more reliable the thing is.






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






33. The examination and evaluation of something.






34. Things which are likely or feasible.






35. Activities including product - method of distribution - method of advertising which all affect how a product is marketing.






36. Expenses for a company which do not change based on production or sales levels.






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






38. List of goods in a store or warehouse.






39. A demanding or stimulating situation.






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






41. A person who is on the managing board of a business.






42. Electronic records of phone calls - bank transactions etc which paint a picture of what a person did - where and when.






43. A new scientific or technical idea.






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






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






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






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






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






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






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