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






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






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






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






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






6. Debts; money that must be paid.






7. Activities including product - method of distribution - method of advertising which all affect how a product is marketing.






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






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






10. The fraudulent use of someone's identity in order to steal money or get other benefits.






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






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






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






16. The crime of deceiving someone to get money or good illegally.






17. Sales divided by total assets.






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






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






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






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






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






23. Hospital department for people who suddenly become ill or are hurt in an accident.






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






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






26. A planned - temporary break in a journey - for instance to change planes.






27. Mechanical device controlling the flow of a gas or liquid in a system.






28. Things which are likely or feasible.






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






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

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






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






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






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






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






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






37. When all members of a group agree to support a decision even if they don't agree with it.






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






39. Metal rails along which a train travels.






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






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






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






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






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






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






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






47. A rectangluar piece of luggage for carrying clothes.






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






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






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