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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. Wages - salaries and other forms of employee compensation.






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






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






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






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






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






7. Ships fitted with tanks to carry liquid or gas cargoes.






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






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






10. Things which are likely or feasible.






11. Goods which are shipped loose in the hold of a ship.






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






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






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






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






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






17. The estimated loss of value of assets over a period of time.






18. 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.






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






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






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






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






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






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






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






26. An agreement that regulates the rights and obligations of shareholders.






27. A telephone call requested at a certain time to wake someone up.






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






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






30. 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.






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






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






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






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






35. The right of owners of physical or intellectual property to consume - rent or sell their property.






36. Debts; money that must be paid.






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






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






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






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






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






42. Surveillance tools installed on a computer without the users' consent.






43. The efforts to make a product seem different from rival products or even unique.






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






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






46. Sales divided by total assets.






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






48. The state of remaining unknown to most other people.






49. The complete range of a company's offerings including products and services.






50. The examination and evaluation of something.