Test your basic knowledge |

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






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






3. A shipment of goods to a consignee.






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






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






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






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






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






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






10. The expected behaviour or standard for something.






11. The right to privacy and control of your information on the internet.






12. The relationship between technology and the legal right to privacy in the collection and sharing of data about oneself.






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






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






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






16. An organization able to respond to and address changes in a market - their environment or industry.






17. A company where the owners are personally liable for the debts of the company.






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






19. List of goods in a store or warehouse.






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






21. When someone breaks your right to privacy.






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






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






24. A rectangluar piece of luggage for carrying clothes.






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






26. A defined segment of the market that a product is aimed at.






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






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






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






30. Written description of how something should be done.






31. The obsessive following - observing or contacting of another person.






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






33. Setting a high initial price for a product to create a price-quality idea which early adopters will happily accept.






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






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






36. 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.






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






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






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






40. Cargo which is transported by plane.






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






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






43. An invasion of someone's private life without due cause.






44. Useable or acceptable.






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






46. The examination and evaluation of something.






47. The right to have your political view kept secret.






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






49. When a company buys another one for more than the asset value the difference is called goodwill.






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