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






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






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






4. A test of a company's ability to meet its immediate cash requirements: short-term assets minus accounts receivable and inventory - divided by short-term liabilities.






5. 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.






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






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






8. A person who is on the managing board of a business.






9. Expenses arising during normal business operations.






10. The granting of power to perform various acts or duties.






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






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






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






14. Earnings Before Interest and Taxes.






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






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






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






18. The ability to develop new ideas.






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






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






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






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






23. Things which are likely or feasible.






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






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






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






27. The efforts to make a product seem different from rival products or even unique.






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






29. Finding out or ascertaining something previously unknown.






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






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






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






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






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

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35. Duties or taxes imposed by the government on imported and exported goods.






36. A machine used to pick up and transport goods loaded on pallets.






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






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






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






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






41. Monitoring of public places using video cameras.






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






43. The system of technology - people - organizations etc involved in moving services or products from supplier to customer.






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






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






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






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






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






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






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