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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. Earnings Before Interest and Taxes.






2. A portion - piece or segment of something that is representative of the whole.






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






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






5. The examination and evaluation of something.






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






7. Port where cargo enters a country and is unloaded.






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






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






10. General term for ships designed to carry cargo rather than passengers.






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






12. A process of verifying all information about a company including but not limited to financials - management - market share and risks.






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






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






15. A form of company which has a separate legal identity and limited liabilities.






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






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






18. Metal rails along which a train travels.






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






20. The system of technology - people - organizations etc involved in moving services or products from supplier to customer.






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






22. Sales divided by total assets.






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






24. Written description of how something should be done.






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






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






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






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






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






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






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

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






33. Estimated Time of Arrival.






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






35. Abbreviation for a standardized container - Twenty-foot equivalent unit.






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






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






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






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






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






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






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






43. Useable or acceptable.






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






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






46. Service taking cargo from a regional port or airport to a central hub for a long-haul voyage.






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






48. Monitoring of public places using video cameras.






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






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







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