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






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






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






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






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






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






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






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






9. Expenses for a company which do not change based on production or sales levels.






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






11. Events which are beyond the control of a carrier like war - earthquakes or floods.






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






13. A planned - temporary break in a journey - for instance to change planes.






14. A new scientific or technical idea.






15. Finding out or ascertaining something previously unknown.






16. A moving belt you collect baggage from at the airport.






17. A notice to a buyer that shipment has gone forward which contains details of packing - routing etc.






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






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






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






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






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






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






24. Ships with permanent container cells with little or no space for other cargo types.






25. The granting of power to perform various acts or duties.






26. Useable or acceptable.






27. Monitoring of public places using video cameras.






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






29. The organization that surveys and classifies ships for insurance companies.

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30. The monitoring or close observation of behaviour.






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






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






33. A machine used to pick up and transport goods loaded on pallets.






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






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






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






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






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






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






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






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






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






43. Earnings Before Interest - Taxes - Depreciation and Amortization.






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






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






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






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






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






49. The state of remaining unknown to most other people.






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