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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 shipment of goods to a consignee.






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






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






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






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






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






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






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






9. Initial medical attention given to someone in the event of an accident or sudden illness.






10. Protective eyewear worn when working with chemicals or dangerous machines.






11. Port where cargo enters a country and is unloaded.






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






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






14. A voting system where each vote is kept private.






15. Property that a business owns - including cash and receivables - inventory etc.






16. Goods which are shipped loose in the hold of a ship.






17. A new scientific or technical idea.






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






19. Mechanical device controlling the flow of a gas or liquid in a system.






20. A company that moves goods or passengers from one place to another.






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






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






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






24. A telephone call requested at a certain time to wake someone up.






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






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






27. A non-profit making organization which exists to support and help a particular group.






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






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






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






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






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






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






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






35. Duties or taxes imposed by the government on imported and exported goods.






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






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






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






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






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






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






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






43. 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.






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






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






46. When a person or group infringes on your rights such as freedom of movement or freedom of speech.






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






48. A business classed as a separate legal entity so if there is a financial problem the owners would not lose all their money - only the money they had invested in the company.






49. The added value a brand name identity brings to a product or service.






50. Costs that fluctuate in direct relation to the volume of units produced.