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






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






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






4. List of goods in a store or warehouse.






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






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






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






8. The state of remaining unknown to most other people.






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






10. Sales divided by total assets.






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






12. The time which a seller needs to produce and deliver goods.






13. Finding out or ascertaining something previously unknown.






14. The expected behaviour or standard for something.






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






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






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






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






19. Earnings Before Interest and Taxes.






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






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






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






23. Officials formally appointed to run and represent a company.






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






25. Cargo which is transported by plane.






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

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27. Abbreviation for a standardized container - Twenty-foot equivalent unit.






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






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






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






31. Things which are likely or feasible.






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






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






34. A receipt for goods issued by a carrier indicated that goods were received without damage or irregularities.






35. A rectangluar piece of luggage for carrying clothes.






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






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






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






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






40. Ships with permanent container cells with little or no space for other cargo types.






41. Expenses arising during normal business operations.






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






43. A piece of information - for example how a certain product is made - which is only known to the company that makes it.






44. Device which breaks to stop the flow of current in the event of an overload.






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






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






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






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






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






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