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






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






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






4. The idea that anything you tell your doctor will remain confidential.






5. Forty-Foot Equivalent Units - a standard size for shipping containers.






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

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






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






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






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






11. The amount of money of a company's profits that is distributed to its shareholders.






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






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






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






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






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






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






18. Estimated Time of Arrival.






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






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






21. A demanding or stimulating situation.






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






23. Debts; money that must be paid.






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






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






26. A unit of measure for liquids equivalent to 42 gallons.






27. Expenses arising during normal business operations.






28. The point in units sold or sales amount when the expenses will be matched.






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






30. Device containing water - foam or powder used to put out a fire.






31. A place to live - work - stay in : rented/temporary/furnished accommodation.






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. Earnings Before Interest - Taxes - Depreciation and Amortization.






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






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






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






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






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






39. The added value a brand name identity brings to a product or service.






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






41. A warehouse authorized by customs where goods are stored and no payment is required until the goods are removed.






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






43. Sales divided by total assets.






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






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






46. Useable or acceptable.






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






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






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






50. A place for the reception - delivery - consolidation - distribution and storage of goods and cargo.