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






2. The benefit of larger scale production where costs are spread over more units which lowers the average unit cost.






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






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






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






6. When someone breaks your right to privacy.






7. Sales divided by total assets.






8. Documents used to procure freight and express transportation and services from commercial carriers.






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






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






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






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






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






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






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






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






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






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


19. Written description of how something should be done.






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






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






22. A form of corporate equity ownership giving voting rights.






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






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






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






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






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






28. Finding out or ascertaining something previously unknown.






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






30. A rectangluar piece of luggage for carrying clothes.






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






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






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






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






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






36. A person who is involved in a situation in addition to the two main participants.






37. Expenses arising during normal business operations.






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






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






40. Cargo which is transported by plane.






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






42. Estimated Time of Arrival.






43. Things which are likely or feasible.






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






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






46. The state of remaining unknown to most other people.






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






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






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






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