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






2. To decide that an agreed appointment or booking will not take place.






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






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






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






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






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






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






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






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






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






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






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






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






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






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






17. The efforts to make a product seem different from rival products or even unique.






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






19. 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.






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






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






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






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






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






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






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






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






28. 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.






29. Usually wooden base used for moving or storing stacked goods.






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






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






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






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






35. A rectangluar piece of luggage for carrying clothes.






36. The total value of all the outstanding shares of a publicly-traded company.






37. Finding out or ascertaining something previously unknown.






38. When a company produces a product of a type they have not previously made.






39. Monitoring of public places using video cameras.






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






41. The right to privacy and control of your information on the internet.






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






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






44. Cargo which is booked but does not arrive in time to be loaded onto a vessel.






45. Cargo which is transported by plane.






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






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






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






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






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