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






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






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






4. When a person or group infringes on your rights such as freedom of movement or freedom of speech.






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






6. Sales divided by total assets.






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






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






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






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






11. An organization able to respond to and address changes in a market - their environment or industry.






12. A defined segment of the market that a product is aimed at.






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






14. Setting a high initial price for a product to create a price-quality idea which early adopters will happily accept.






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






16. The truck unit onto which freight in a container is loaded.






17. A demanding or stimulating situation.






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






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






20. Information officially declared secret - such as classified documents or material that are available only to particular people.






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






22. The ability to develop new ideas.






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






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






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






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






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






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






29. Useable or acceptable.






30. An investment contributed at the early stages of a new venture.






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






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






33. An agreement that regulates the rights and obligations of shareholders.






34. Bills to be paid as part of the normal course of business.






35. The monitoring or close observation of behaviour.






36. Abbreviation for a standardized container - Twenty-foot equivalent unit.






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






38. A vessel sailing between specific ports on a regular basis.






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






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






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






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






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






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






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






46. Metal rails along which a train travels.






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






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






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






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