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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. Estimated Time of Arrival.






2. A piece of information - for example how a certain product is made - which is only known to the company that makes it.






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


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






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






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






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






8. A standard used to compare some aspect of a business to an external measure.






9. Written description of how something should be done.






10. A demanding or stimulating situation.






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






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






13. The first time a company offers its shares to the public.






14. The science of making sure people and machines work together as well as possible.






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






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






17. A short statement describing the main objectives and aims of a business.






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






19. A warehouse authorized by customs where goods are stored and no payment is required until the goods are removed.






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






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






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






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






24. General term for ships designed to carry cargo rather than passengers.






25. Earnings Before Interest - Taxes - Depreciation and Amortization.






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


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






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






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






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






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






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






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






34. List of goods in a store or warehouse.






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






36. A model depicting the sales curve of a product split into four stages - introduction - growth - maturity and decline.






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






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






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






40. Things which are likely or feasible.






41. Setting a high initial price for a product to create a price-quality idea which early adopters will happily accept.






42. The truck unit onto which freight in a container is loaded.






43. Cargo which is transported by plane.






44. Duties or taxes imposed by the government on imported and exported goods.






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






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






47. Surveillance tools installed on a computer without the users' consent.






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






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






50. Metal rails along which a train travels.