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

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2. A warehouse authorized by customs where goods are stored and no payment is required until the goods are removed.






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






4. Finding out or ascertaining something previously unknown.






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






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






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






8. Earnings Before Interest - Taxes - Depreciation and Amortization.






9. Electronic records of phone calls - bank transactions etc which paint a picture of what a person did - where and when.






10. 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.






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






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






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






14. Unfair treatment of a person or group based on prejudice.






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






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






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






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






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






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






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






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






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






24. A telephone call requested at a certain time to wake someone up.






25. The characteristic of a measurement regarding how precise it is.






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






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






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






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






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






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






32. The amount of money of a company's profits that is distributed to its shareholders.






33. An invasion of someone's private life without due cause.






34. Net profits divided by net worth or total equity.






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






36. The first time a company offers its shares to the public.






37. The estimated loss of value of assets over a period of time.






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






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






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






41. Debts; money that must be paid.






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






43. The expected behaviour or standard for something.






44. A place to live - work - stay in : rented/temporary/furnished accommodation.






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






46. Initial medical attention given to someone in the event of an accident or sudden illness.






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






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






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






50. When a company produces a product of a type they have not previously made.