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






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






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






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






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






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






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






8. In a business plan this is the change in the cash balance.






9. When someone breaks your right to privacy.






10. A shipment of goods to a consignee.






11. A rectangluar piece of luggage for carrying clothes.






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






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






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






15. A new scientific or technical idea.






16. Transportation method where truck trailers with their loads are moved by train to their destination.






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






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






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






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






21. Cargo which is transported by plane.






22. Written description of how something should be done.






23. A demanding or stimulating situation.






24. List of goods in a store or warehouse.






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






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






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






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






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






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






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






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






33. Unfair treatment of a person or group based on prejudice.






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






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






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






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






38. The ability to develop new ideas.






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






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






41. Surveillance tools installed on a computer without the users' consent.






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






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






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






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






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






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






48. Someone who invests in a business partnership without taking part in business affairs. Usually sleeping partners have limited liability.






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






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