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






2. To unload and distribute some or all the contents of a rail car - container or trailer.






3. The system of technology - people - organizations etc involved in moving services or products from supplier to customer.






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






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






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






7. 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.






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






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






10. A telephone call requested at a certain time to wake someone up.






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






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






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






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






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






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






17. A name - term - sign - symbol - design or combination of these used to uniquely identify a producer's goods.






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






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






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

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






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






23. A flexible tube used to transport liquids or gas.






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






25. 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.






26. The categorization of potential customers into groups based on common characteristics.






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






28. 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.






29. Written description of how something should be done.






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






31. Things which are likely or feasible.






32. Raised flat area beside a train track for entering or exiting a train.






33. A non-profit making organization which exists to support and help a particular group.






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






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






36. The ability to develop new ideas.






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






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






39. The planning - implementation and control of flow and storage of goods.






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






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






42. Events which are beyond the control of a carrier like war - earthquakes or floods.






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






44. Series of questions designed to gather information on a certain topic.






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






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






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






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






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






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