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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. Wages - salaries and other forms of employee compensation.






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






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






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






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






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






7. Letting a third-party company take care of your logistics for you.






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






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






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

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






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






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






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






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






16. Property that a business owns - including cash and receivables - inventory etc.






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






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






19. Estimated Time of Arrival.






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






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






22. Documents used to procure freight and express transportation and services from commercial carriers.






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






24. 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.






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






26. A voting system where each vote is kept private.






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






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






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






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






31. Protective helmet worn on building sites etc. to prevent injuries to the head.






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






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






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






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






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






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






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






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






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






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






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






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






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






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






46. Setting a relatively low intitial price for a new product in order to win market share.






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






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






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






50. Things which are likely or feasible.