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






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






3. Business wholly owned by its employees with the emphasis on group decision making.






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






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






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






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






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






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






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






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






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






13. A small hotel or private house that rents out rooms to sleep in - including breakfast - at reasonable prices.






14. A government office which registers information on every company on the British market and circulates them to stakeholders.






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






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






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






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






19. The system of technology - people - organizations etc involved in moving services or products from supplier to customer.






20. Officials formally appointed to run and represent a company.






21. A process of verifying all information about a company including but not limited to financials - management - market share and risks.






22. Finding out or ascertaining something previously unknown.






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






24. A standard used to compare some aspect of a business to an external measure.






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






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






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






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






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






30. The granting of power to perform various acts or duties.






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






32. Expenses arising during normal business operations.






33. The ability to develop new ideas.






34. 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.






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






36. The crime of deceiving someone to get money or good illegally.






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






38. Earnings which are reinvested in the company rather than paid out as dividends.






39. The right to have your political view kept secret.






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






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






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






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






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






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






46. The organization that surveys and classifies ships for insurance companies.

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47. Service taking cargo from a regional port or airport to a central hub for a long-haul voyage.






48. Shortened form of Roll on/Roll off meaning a ship which trucks can drive straight onto without the need for cranes.






49. The examination and evaluation of something.






50. Ships fitted with tanks to carry liquid or gas cargoes.