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






2. The times of highest demand for a product or service.






3. Earnings which are reinvested in the company rather than paid out as dividends.






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






5. The complete range of a company's offerings including products and services.






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






7. A new scientific or technical idea.






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






9. Ships fitted with tanks to carry liquid or gas cargoes.






10. A place where parts of the ownership of companies are bought and sold - or the organization of people whose job is to do the buying and selling.






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






12. The ability to develop new ideas.






13. The right to have your political view kept secret.






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






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






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






17. Estimated Time of Arrival.






18. A vessel sailing between specific ports on a regular basis.






19. Hospital department for people who suddenly become ill or are hurt in an accident.






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






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






22. A place for the reception - delivery - consolidation - distribution and storage of goods and cargo.






23. A unit of measure for liquids equivalent to 42 gallons.






24. An investment contributed at the early stages of a new venture.






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






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






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






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






29. One of the documents required by a firm to become a limited company.






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






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






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

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33. Written description of how something should be done.






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






35. A place to live - work - stay in : rented/temporary/furnished accommodation.






36. Metal rails along which a train travels.






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






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






39. The time which a seller needs to produce and deliver goods.






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






41. When a person or group infringes on your rights such as freedom of movement or freedom of speech.






42. 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.






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






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






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






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






47. Debts; money that must be paid.






48. Electronic records of phone calls - bank transactions etc which paint a picture of what a person did - where and when.






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






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