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






2. 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.






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






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






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






6. List of goods in a store or warehouse.






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






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






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






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






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






12. Things which are likely or feasible.






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






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






15. Earnings Before Interest and Taxes.






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

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






18. Forty-Foot Equivalent Units - a standard size for shipping containers.






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






20. Business wholly owned by its employees with the emphasis on group decision making.






21. The granting of power to perform various acts or duties.






22. When someone breaks your right to privacy.






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






24. 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.






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






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






27. Someone who starts a new business venture often involving innovation and risk taking.






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

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






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






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






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






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






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






35. Damage or hurt experienced by a person or animal.






36. Written description of how something should be done.






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






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






39. Usually wooden base used for moving or storing stacked goods.






40. Letting a third-party company take care of your logistics for you.






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






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






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






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






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






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






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






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






49. Expenses arising during normal business operations.






50. 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.







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