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






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






3. Useable or acceptable.






4. Raised flat area beside a train track for entering or exiting a train.






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






6. A shipment of goods to a consignee.






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






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






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






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






11. Metal rails along which a train travels.






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






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






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






15. Forty-Foot Equivalent Units - a standard size for shipping containers.






16. Sales divided by total assets.






17. Expenses arising during normal business operations.






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






19. The examination and evaluation of something.






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






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






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






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






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






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






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






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






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






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






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






31. Letting a third-party company take care of your logistics for you.






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






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






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






35. Surveillance tools installed on a computer without the users' consent.






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






37. The expected behaviour or standard for something.






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






39. List of goods in a store or warehouse.






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






41. A portion - piece or segment of something that is representative of the whole.






42. The organization that surveys and classifies ships for insurance companies.

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






44. Entering land or property without permission from the owner or the right to enter.






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






46. Transportation method where truck trailers with their loads are moved by train to their destination.






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






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






49. One of the documents required by a firm to become a limited company.






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