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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 voting system where each vote is kept private.






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






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






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






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






6. A demanding or stimulating situation.






7. A shipment of goods to a consignee.






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






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






10. Series of questions designed to gather information on a certain topic.






11. The expected behaviour or standard for something.






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






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






14. Fundamental human rights usually protected by law such as freedom of speech and religion.






15. The right to have your sexual orientation and practices remain secret.






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






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






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






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






20. 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.






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






22. A company that moves goods or passengers from one place to another.






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






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






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






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






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






28. Sales divided by total assets.






29. The right to say what you want without anyone stopping you.






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






31. A document representing one unit of ownership in a corporation - mutual fund or limited partnership.






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






33. The examination and evaluation of something.






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






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






36. Useable or acceptable.






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






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






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






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






41. Duties or taxes imposed by the government on imported and exported goods.






42. A company where the owners are personally liable for the debts of the company.






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






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






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






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






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






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






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






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