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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. Net profits divided by net worth or total equity.






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






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






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






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

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6. Shaping a companies' offering and image to occupy a unique and valued place in the customer's mind.






7. When a person or group infringes on your rights such as freedom of movement or freedom of speech.






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






9. Earnings Before Interest and Taxes.






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






11. The sale of part-ownership in a venture to gain additional capital for a start-up.






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






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






14. A warehouse authorized by customs where goods are stored and no payment is required until the goods are removed.






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






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






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






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






19. The ability to develop new ideas.






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






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






22. Cargo ships not specialised in one type of cargo unlike a full containership.






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






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






25. Anyone who has an interest in the success of an organization - e.g. the owner - employees - shareholders.






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






27. 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.






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






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






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






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






32. 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.






33. Ships fitted with tanks to carry liquid or gas cargoes.






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






35. A rectangluar piece of luggage for carrying clothes.






36. A demanding or stimulating situation.






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






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






39. Monitoring of public places using video cameras.






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






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






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






43. The time it takes between the arrival of a vessel or aircraft and its departure.






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






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






46. Activities including product - method of distribution - method of advertising which all affect how a product is marketing.






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






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






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






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