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






2. Expenses arising during normal business operations.






3. Vessel designed to carry bulk cargo such as grain or ore.






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






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






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






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






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






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






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






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






12. Net profits divided by net worth or total equity.






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






14. Debts; money that must be paid.






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






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






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






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






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






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






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






22. Written description of how something should be done.






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






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






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






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






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






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






29. Cargo which is booked but does not arrive in time to be loaded onto a vessel.






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






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






32. 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.






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






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






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






36. Cargo ships not specialised in one type of cargo unlike a full containership.






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






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






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






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






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






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






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






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






45. A moving belt you collect baggage from at the airport.






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






47. The times of highest demand for a product or service.






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






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






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