Test your basic knowledge |

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






2. Debts owed to a company usually from sales on credit.






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






4. Useable or acceptable.






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






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






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






8. The total value of all the outstanding shares of a publicly-traded company.






9. Metal rails along which a train travels.






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






11. Monitoring of public places using video cameras.






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






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






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






15. A rectangluar piece of luggage for carrying clothes.






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






17. Part of the Bill of Rights which provides people with the right to be secure in their persons - houses - papers etc.






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






19. A new scientific or technical idea.






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






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






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






23. The point in units sold or sales amount when the expenses will be matched.






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






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






26. A delivery which is currently between its source and destination.






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






28. 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.






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






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






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






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






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






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






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






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






37. The right to privacy and control of your information on the internet.






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






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






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






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






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






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






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






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






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






47. The time which a seller needs to produce and deliver goods.






48. Protective eyewear worn when working with chemicals or dangerous machines.






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






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







Sorry!:) No result found.

Can you answer 50 questions in 15 minutes?


Let me suggest you:



Major Subjects



Tests & Exams


AP
CLEP
DSST
GRE
SAT
GMAT

Most popular tests