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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. Someone who starts a new business venture often involving innovation and risk taking.






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






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






4. The expected behaviour or standard for something.






5. Officials formally appointed to run and represent a company.






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

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






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






9. Activities involved in protecting a country - building or person against danger or attack.






10. 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.






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






12. Metal rails along which a train travels.






13. The monitoring or close observation of behaviour.






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






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






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






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






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






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






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






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






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






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






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






25. A shipment of goods to a consignee.






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






27. To decide that an agreed appointment or booking will not take place.






28. Steps taken in advance to avoid an accident happening.






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






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






31. A machine used to pick up and transport goods loaded on pallets.






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






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






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






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






36. Expenses arising during normal business operations.






37. Transportation method where truck trailers with their loads are moved by train to their destination.






38. The examination and evaluation of something.






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






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






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






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






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






44. The time which a seller needs to produce and deliver goods.






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






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






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






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






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






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