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






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






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






4. The sale of part-ownership in a venture to gain additional capital for a start-up.






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






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






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






8. A delivery which is currently between its source and destination.






9. Finding out or ascertaining something previously unknown.






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






11. A notice to a buyer that shipment has gone forward which contains details of packing - routing etc.






12. Debts; money that must be paid.






13. The time it takes between the arrival of a vessel or aircraft and its departure.






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






15. 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.






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






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






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






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






20. To make valid by approval - to establish the certainty of something.






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






22. A shipment of goods to a consignee.






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






24. The amount of money of a company's profits that is distributed to its shareholders.






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






26. A small hotel or private house that rents out rooms to sleep in - including breakfast - at reasonable prices.






27. Service taking cargo from a regional port or airport to a central hub for a long-haul voyage.






28. A company that moves goods or passengers from one place to another.






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






30. The efforts to make a product seem different from rival products or even unique.






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






32. Steps taken in advance to avoid an accident happening.






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






34. A demanding or stimulating situation.






35. A portion - piece or segment of something that is representative of the whole.






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






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


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






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


40. A new scientific or technical idea.






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






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






43. A receipt for goods issued by a carrier indicated that goods were received without damage or irregularities.






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






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






46. The ability to develop new ideas.






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






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






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






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