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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. 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.






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






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






4. 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.






5. A new scientific or technical idea.






6. The idea that anything you tell your doctor will remain confidential.






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






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






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






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






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






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






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






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






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






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






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






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






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






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






21. The times of highest demand for a product or service.






22. Device which breaks to stop the flow of current in the event of an overload.






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






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






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






26. Documents used to procure freight and express transportation and services from commercial carriers.






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






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






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






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






31. Finding out or ascertaining something previously unknown.






32. A business classed as a separate legal entity so if there is a financial problem the owners would not lose all their money - only the money they had invested in the company.






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






34. To decide that an agreed appointment or booking will not take place.






35. A rectangluar piece of luggage for carrying clothes.






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






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






38. Damage or hurt experienced by a person or animal.






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






40. The examination and evaluation of something.






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






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






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






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






45. The time it takes between the arrival of a vessel or aircraft and its departure.






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






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






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






49. Debts; money that must be paid.






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