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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. Sales divided by total assets.






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






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






4. General term for ships designed to carry cargo rather than passengers.






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






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






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






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






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






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






11. The expected behaviour or standard for something.






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






13. Debts; money that must be paid.






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






15. A demanding or stimulating situation.






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






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






18. To unload and distribute some or all the contents of a rail car - container or trailer.






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






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






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






22. A rectangluar piece of luggage for carrying clothes.






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






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






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






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






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






28. A name - term - sign - symbol - design or combination of these used to uniquely identify a producer's goods.






29. Shortened form of Roll on/Roll off meaning a ship which trucks can drive straight onto without the need for cranes.






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






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






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






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






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






35. Useable or acceptable.






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






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






38. The examination and evaluation of something.






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






40. A place for the reception - delivery - consolidation - distribution and storage of goods and cargo.






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






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






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






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






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






46. The relationship between technology and the legal right to privacy in the collection and sharing of data about oneself.






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






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






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






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