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






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






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






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






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






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






7. The examination and evaluation of something.






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






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






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






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






12. The added value a brand name identity brings to a product or service.






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






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






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






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






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






18. Activities involved in protecting a country - building or person against danger or attack.






19. Expenses arising during normal business operations.






20. Things which are likely or feasible.






21. The right to have your sexual orientation and practices remain secret.






22. 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.






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






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






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






26. The obsessive following - observing or contacting of another person.






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






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






29. A rectangluar piece of luggage for carrying clothes.






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






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






32. Written description of how something should be done.






33. The amount of money of a company's profits that is distributed to its shareholders.






34. A person who is on the managing board of a business.






35. Bills to be paid as part of the normal course of business.






36. A planned - temporary break in a journey - for instance to change planes.






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






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






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






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






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






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






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






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






45. Entering land or property without permission from the owner or the right to enter.






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






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






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






49. A systematic - independent examination of whether a company's quality procedures are being followed and goals being achieved or not.






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