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






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






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






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






5. The planning - implementation and control of flow and storage of goods.






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






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






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






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






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






11. List of goods in a store or warehouse.






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






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






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






15. A non-profit making organization which exists to support and help a particular group.






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






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






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






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






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






21. A demanding or stimulating situation.






22. A telephone call requested at a certain time to wake someone up.






23. The idea that anything you tell your doctor will remain confidential.






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






25. Debts; money that must be paid.






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






27. Expenses arising during normal business operations.






28. A form of company which has a separate legal identity and limited liabilities.






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






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






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






32. An investment contributed at the early stages of a new venture.






33. The system of technology - people - organizations etc involved in moving services or products from supplier to customer.






34. Metal rails along which a train travels.






35. A method recognised throughout a business sector as the best way to do something.






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






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






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






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






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






41. Device containing water - foam or powder used to put out a fire.






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






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






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






45. When all members of a group agree to support a decision even if they don't agree with it.






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






47. The characteristic of a measurement regarding how precise it is.






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






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






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