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






2. Debts; money that must be paid.






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






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






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






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






7. 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.






8. Metal rails along which a train travels.






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






10. Port where cargo enters a country and is unloaded.






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






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






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






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






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






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






17. Transporting something using different means of transport - e.g. first on a truck and then on a ship.






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

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






20. Net profits divided by net worth or total equity.






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






22. Finding out or ascertaining something previously unknown.






23. The possibility of suffering harm or loss; a danger.






24. 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.






25. The monitoring or close observation of behaviour.






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






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






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






29. Written description of how something should be done.






30. A small hotel or private house that rents out rooms to sleep in - including breakfast - at reasonable prices.






31. Protective eyewear worn when working with chemicals or dangerous machines.






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






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






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






35. Monitoring of public places using video cameras.






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






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






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






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






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






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






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






43. A response or reaction to a piece of information.






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






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






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






47. Expenses for a company which do not change based on production or sales levels.






48. The examination and evaluation of something.






49. Earnings Before Interest and Taxes.






50. Ceiling-mounted camera used in stores and casinos etc to monitor customers.

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