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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 technique used to assess expected profitability of a company or single product.






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






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






4. When a person or group infringes on your rights such as freedom of movement or freedom of speech.






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






6. Transporting something using different means of transport - e.g. first on a truck and then on a ship.






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






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






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






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






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






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






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






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






15. Metal rails along which a train travels.






16. Ships with permanent container cells with little or no space for other cargo types.






17. The examination and evaluation of something.






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






19. Things which are likely or feasible.






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






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






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






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






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






25. Debts; money that must be paid.






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






27. Written description of how something should be done.






28. A rectangluar piece of luggage for carrying clothes.






29. A wealthy person who invests in a start-up company.






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






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






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






33. 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.






34. 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.






35. Sales divided by total assets.






36. A demanding or stimulating situation.






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






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






39. 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.






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






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






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






43. Duties or taxes imposed by the government on imported and exported goods.






44. A statisitical measure of how well a company is doing in a certain area.






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






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






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






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






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






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