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






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






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






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






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






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






7. Useable or acceptable.






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






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






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






11. Insurance covering loss or damage of goods at sea.






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






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






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






15. Things which are likely or feasible.






16. A model depicting the sales curve of a product split into four stages - introduction - growth - maturity and decline.






17. Debts; money that must be paid.






18. Sales divided by total assets.






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






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






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






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






23. The purchase of a business based on the company's cash recipts and the belief positive cash flow will continue.






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






25. Wages - salaries and other forms of employee compensation.






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






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






28. Transportation method where truck trailers with their loads are moved by train to their destination.






29. Surveillance tools installed on a computer without the users' consent.






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






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






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






33. The idea that anything you tell your doctor will remain confidential.






34. A financial statement showing sales - cost of sales - gross margin - operating expenses etc.






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






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






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






38. 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.






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






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






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






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






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






44. The expected behaviour or standard for something.






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






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






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






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






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






50. Metal rails along which a train travels.