Test your basic knowledge |

Business English Vocab

Instructions:
  • Answer 44 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 reduction of prodution costs that is a result of making and selling goods in large quantities - for example - the ability to buy larger amounts of materials at reduced prices






2. The head office or main building of an organization






3. Something which is used to encourage people to do something - especially to make them work harder - produce more or spend more money - motive - need - act - condition - status






4. A person or company whose job is to give people independent advice about what insurance is available from different companies - and to arrange insurance for them






5. An occasion when two or more companies - organisations - etc join together to form a larger company - etc






6. Describes someone who is kind and gives emotional support to others - fond - warm - love






7. Involving or having a lot of complicated and unnecessary official rules - official - functionary - officialdom






8. When someone is judged to be unable to pay their debts by a court of law - and their assets are shared a mong the people and businesses that they owe money to






9. The amount by which the money going out of a country to pay for imports is more than the amount coming in from exports






10. A formal - written agreeement between two or more people or groups which says what each must do for the other - or must to do






11. The percentage charged for borrowing money or a percentage you receive when you put money in a bank - make an investment - etc






12. Increase or improve after falling in value or getting worse






13. Not involving or taking unnecessary risks - cautious - button-down - right - adult - grownup






14. The department in an organisation that deals with employing - training and helping employees






15. The beliefs and ideas that a company has and the way in which they affect how it does business and how its employees behave






16. Arranged in a hierarchy - gradable - graded - ranked - stratified - vertical






17. Give money to pay for a television programme - a sports or arts event - training - etc in exchange for advertising or to get public attention - helper






18. A warehouse and the business based there - that stores a manufacturer's goods temporarily - before they are transported to stores or customers for sale






19. A flexible person or company can work in different ways - at different times - or in different places when it is necessary - flexile - elastic - pliable - pliant - whippy - limber - supple






20. happening or produced once every three months






21. Money borrowed from a bank financial institution - person - etc on which interest is usually paid to the lender until it is repaid - adopt - get - have - take






22. A part of the profits of a company for a particular period of time that is paid to shareholders for each share that they own






23. The difference between the price of a product or service and the cost of producing it - rank - pure - fat - earn - gain - make






24. A small amount of a product that people can use or look at in order to find out what it is like






25. In order to try and solve this problem - work






26. An arrangement to meet someone at a particular time and place






27. Without human warmth and interest - neutral - objective






28. Money that you earn from your job or that you receive from invesments






29. All the people in a particular country who are of the right age to work or all the people who work for a particular company






30. A company that owns at least half the shares in the other company - and has control over it






31. Statement saying what is likely to happen in the future - based on information that is available now - figure - predict - call - judge - point - promise - signal






32. Relating to a company - usually a large one - or business in general






33. An amount paid by a borrower to a lender - for example to a bank by someone borrowing money for a loan or by a bank to a depositor (=someone keeping moeny in an account there)






34. A period of time when an economy or industry is doing badly - and business activity and employment decrease






35. A company that is at least half-owned by another company






36. Money that a business or organisation receives over a period of time - especially from selling goods or services - gross - income






37. The system or type of money used in a particular country






38. To remove authority in a system - company - country - etc. from local places to one central place so that the whole system - etc. is under central control - alter - change - modify






39. To move the control of an organization or government from a single place to several smaller ones - alter - change - modify






40. To show or make a new product available for sale for the first time






41. Developing or happening gradually - reformist - forward - industrial - active - advanced - advancing - degressive - graduated - increasing - innovative - liberal - modern - modernised - modernized - imperfect - liberalist - adult - grownup - tense






42. Someone who owns shares in a company






43. Always changing and developing: active - can-do






44. Employ another company to do one's work