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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. Insurance covering loss or damage of goods at sea.






2. Debts owed to a company usually from sales on credit.






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






4. When you allow someone to start a specific business by using your products in exchange for a part of his profits.






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






6. Costs that fluctuate in direct relation to the volume of units produced.






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






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






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






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






11. A moving belt you collect baggage from at the airport.






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






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






14. Cargo ships not specialised in one type of cargo unlike a full containership.






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






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






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






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






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






20. 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.






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






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






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






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






25. Anyone who has an interest in the success of an organization - e.g. the owner - employees - shareholders.






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






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






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






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






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






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






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






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






34. When all members of a group agree to support a decision even if they don't agree with it.






35. A shipment of goods to a consignee.






36. The examination and evaluation of something.






37. Shortened form of Roll on/Roll off meaning a ship which trucks can drive straight onto without the need for cranes.






38. Expenses arising during normal business operations.






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






40. A demanding or stimulating situation.






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






42. 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.






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






44. Device containing water - foam or powder used to put out a fire.






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






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






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






48. Ships especially designed for trucks to drive into them using internal ramps.






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






50. The right to say what you want without anyone stopping you.