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






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






3. The categorization of potential customers into groups based on common characteristics.






4. Cargo which is transported by plane.






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






6. Ships especially designed for trucks to drive into them using internal ramps.






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






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






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






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






11. 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.






12. Earnings Before Interest and Taxes.






13. 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.






14. A statisitical measure of how well a company is doing in a certain area.






15. A place for the reception - delivery - consolidation - distribution and storage of goods and cargo.






16. Anyone who has an interest in the success of an organization - e.g. the owner - employees - shareholders.






17. Ships fitted with tanks to carry liquid or gas cargoes.






18. The obsessive following - observing or contacting of another person.






19. A unit of measure for liquids equivalent to 42 gallons.






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






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






22. A shipment of goods to a consignee.






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






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






25. Earnings which are reinvested in the company rather than paid out as dividends.






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






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






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






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






30. Port where cargo enters a country and is unloaded.






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






32. The monitoring or close observation of behaviour.






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






34. The expected behaviour or standard for something.






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






36. Hospital department for people who suddenly become ill or are hurt in an accident.






37. Useable or acceptable.






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






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






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






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






42. When all members of a group agree to support a decision even if they don't agree with it.






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






44. Metal rails along which a train travels.






45. A voting system where each vote is kept private.






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






47. Service taking cargo from a regional port or airport to a central hub for a long-haul voyage.






48. Someone who starts a new business venture often involving innovation and risk taking.






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






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