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






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






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






4. Sales divided by total assets.






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






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






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






8. The expected behaviour or standard for something.






9. A demanding or stimulating situation.






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






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






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






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






14. A response or reaction to a piece of information.






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






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






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






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






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






20. Someone who acts as an agent on behalf of a shipper.






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






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






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






24. A short statement describing the main objectives and aims of a business.






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






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






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






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






29. Insurance covering loss or damage of goods at sea.






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






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






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






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






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






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






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






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






38. An investment contributed at the early stages of a new venture.






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






40. A flexible tube used to transport liquids or gas.






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






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






43. A financial statement showing sales - cost of sales - gross margin - operating expenses etc.






44. To make valid by approval - to establish the certainty of something.






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






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






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






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






49. Estimated Time of Arrival.






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