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






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






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






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






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






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






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






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






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






10. Cargo which is booked but does not arrive in time to be loaded onto a vessel.






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






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






13. Written description of how something should be done.






14. Letting a third-party company take care of your logistics for you.






15. The expected behaviour or standard for something.






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






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






18. The right to have details of your financial transactions kept secret.






19. A document representing one unit of ownership in a corporation - mutual fund or limited partnership.






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






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






22. Positions customer's relative perceptions of one brand in comparison to other competitive alternatives.






23. Shaping a companies' offering and image to occupy a unique and valued place in the customer's mind.






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






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






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






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






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






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






30. Expenses arising during normal business operations.






31. Usually wooden base used for moving or storing stacked goods.






32. Vessel designed to carry bulk cargo such as grain or ore.






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






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






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






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






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






38. Sales divided by total assets.






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






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






41. Wages - salaries and other forms of employee compensation.






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






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






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






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






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






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






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






49. The complete range of a company's offerings including products and services.






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