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






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






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






4. A name - term - sign - symbol - design or combination of these used to uniquely identify a producer's goods.






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






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






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






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






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






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






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






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






14. A new scientific or technical idea.






15. Vessel designed to carry bulk cargo such as grain or ore.






16. 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.






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






18. Things which are likely or feasible.






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






20. List of goods in a store or warehouse.






21. Cargo which is booked but does not arrive in time to be loaded onto a vessel.






22. A financial statement showing sales - cost of sales - gross margin - operating expenses etc.






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






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






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






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






27. To make valid by approval - to establish the certainty of something.






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






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






30. Useable or acceptable.






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






32. Entering land or property without permission from the owner or the right to enter.






33. When a company buys another one for more than the asset value the difference is called goodwill.






34. The right to have your political view kept secret.






35. Shortened form of Roll on/Roll off meaning a ship which trucks can drive straight onto without the need for cranes.






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






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






38. Estimated Time of Arrival.






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






40. When someone breaks your right to privacy.






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






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






43. The relationship between technology and the legal right to privacy in the collection and sharing of data about oneself.






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






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






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






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






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






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






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