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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. Information officially declared secret - such as classified documents or material that are available only to particular people.






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






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






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






5. Someone who acts as an agent on behalf of a shipper.






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






7. A test of a company's ability to meet its immediate cash requirements: short-term assets minus accounts receivable and inventory - divided by short-term liabilities.






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






9. A form of corporate equity ownership giving voting rights.






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






11. Wages - salaries and other forms of employee compensation.






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






13. Earnings Before Interest and Taxes.






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






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






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






17. Finding out or ascertaining something previously unknown.






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






19. Goods which are shipped loose in the hold of a ship.






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






21. The expected behaviour or standard for something.






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






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






24. Initial medical attention given to someone in the event of an accident or sudden illness.






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






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






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






28. A person who is involved in a situation in addition to the two main participants.






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






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






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






32. An organization able to respond to and address changes in a market - their environment or industry.






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






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






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






36. A piece of information - for example how a certain product is made - which is only known to the company that makes it.






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






38. General term for ships designed to carry cargo rather than passengers.






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






40. Metal rails along which a train travels.






41. Useable or acceptable.






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






43. When a company buys another one for more than the asset value the difference is called goodwill.






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






45. The total value of the money invested into a company by its shareholders.






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






47. Raised flat area beside a train track for entering or exiting a train.






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






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






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







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