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






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






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






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






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






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






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






8. Things which are likely or feasible.






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






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






11. The right to have your sexual orientation and practices remain secret.






12. The year as used in accounting which can begin and end in any month as the company sees fit.






13. The expected behaviour or standard for something.






14. Debts; money that must be paid.






15. The truck unit onto which freight in a container is loaded.






16. A demanding or stimulating situation.






17. Useable or acceptable.






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






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






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






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






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






23. Information officially declared secret - such as classified documents or material that are available only to particular people.






24. The monitoring or close observation of behaviour.






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






26. Metal rails along which a train travels.






27. Surveillance tools installed on a computer without the users' consent.






28. The ability to develop new ideas.






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






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






31. A person who is involved in a situation in addition to the two main participants.






32. A vessel sailing between specific ports on a regular basis.






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






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






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






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






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






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






39. A portion - piece or segment of something that is representative of the whole.






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






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






42. Unfair treatment of a person or group based on prejudice.






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






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






45. When a company produces a product of a type they have not previously made.






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






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






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






49. The total value of the money invested into a company by its shareholders.






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