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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 state of remaining unknown to most other people.






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






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






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






5. A demanding or stimulating situation.






6. When someone breaks your right to privacy.






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






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






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






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






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






12. 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.






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






14. The monitoring or close observation of behaviour.






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






16. Cargo which is transported by plane.






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






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






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






20. One of the documents required by a firm to become a limited company.






21. Earnings Before Interest and Taxes.






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






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






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






25. The purchase of a business based on the company's cash recipts and the belief positive cash flow will continue.






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






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






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






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






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






31. Written description of how something should be done.






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






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






34. List of goods in a store or warehouse.






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






36. Series of questions designed to gather information on a certain topic.






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






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






39. Transportation method where truck trailers with their loads are moved by train to their destination.






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






41. Useable or acceptable.






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






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






44. Steps taken in advance to avoid an accident happening.






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






46. The examination and evaluation of something.






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






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






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






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