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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. When you allow someone to start a specific business by using your products in exchange for a part of his profits.






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






3. List of goods in a store or warehouse.






4. In a business plan this is the change in the cash balance.






5. The sale of part-ownership in a venture to gain additional capital for a start-up.






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






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






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






9. The examination and evaluation of something.






10. The expected behaviour or standard for something.






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






12. Fundamental human rights usually protected by law such as freedom of speech and religion.






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






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






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






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






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






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






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






20. The monitoring or close observation of behaviour.






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






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






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






24. 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.






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






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






27. Sales divided by total assets.






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






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






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






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






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






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






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






35. Business wholly owned by its employees with the emphasis on group decision making.






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






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






38. 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.






39. Earnings Before Interest and Taxes.






40. A standard used to compare some aspect of a business to an external measure.






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






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






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






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






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






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






47. Protective helmet worn on building sites etc. to prevent injuries to the head.






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






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






50. Finding out or ascertaining something previously unknown.