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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. In a business plan this is the change in the cash balance.






2. The expected behaviour or standard for something.






3. The monitoring or close observation of behaviour.






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






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






6. A defined segment of the market that a product is aimed at.






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

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8. Debts owed to a company usually from sales on credit.






9. A shipment of goods to a consignee.






10. Expenses arising during normal business operations.






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






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






13. Compensation paid to a person on the basis of products sold.






14. The amount of money of a company's profits that is distributed to its shareholders.






15. 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.






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






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






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






19. A technique used to assess expected profitability of a company or single product.






20. List of goods in a store or warehouse.






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






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






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






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






25. The benefit of larger scale production where costs are spread over more units which lowers the average unit cost.






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






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






28. Things which are likely or feasible.






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






30. Useable or acceptable.






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






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






33. A planned - temporary break in a journey - for instance to change planes.






34. Monitoring of public places using video cameras.






35. Earnings Before Interest and Taxes.






36. Sales divided by total assets.






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






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






39. When someone breaks your right to privacy.






40. The planning - implementation and control of flow and storage of goods.






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






42. A moving belt you collect baggage from at the airport.






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






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






45. The science of making sure people and machines work together as well as possible.






46. Activities involved in protecting a country - building or person against danger or attack.






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






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






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






50. A delivery which is currently between its source and destination.







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