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






2. The total value of the money invested into a company by its shareholders.






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






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






5. A new scientific or technical idea.






6. Initial medical attention given to someone in the event of an accident or sudden illness.






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






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






9. The sale of part-ownership in a venture to gain additional capital for a start-up.






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






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






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






13. A standard used to compare some aspect of a business to an external measure.






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






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






16. A formal framework for identifying an organization's growth opportunities - strengths - weaknesses - opportunities and threats.






17. Finding out or ascertaining something previously unknown.






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






19. Earnings Before Interest - Taxes - Depreciation and Amortization.






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






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






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






23. Sales divided by total assets.






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






25. Earnings Before Interest and Taxes.






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






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






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






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






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






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






32. List of goods in a store or warehouse.






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






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






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






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






37. A demanding or stimulating situation.






38. The first time a company offers its shares to the public.






39. A company that moves goods or passengers from one place to another.






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






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






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






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






44. A shipment of goods to a consignee.






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






46. An invasion of someone's private life without due cause.






47. Expenses arising during normal business operations.






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






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






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