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






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






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






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






5. Ceiling-mounted camera used in stores and casinos etc to monitor customers.

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






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






8. A rectangluar piece of luggage for carrying clothes.






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






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






11. Things which are likely or feasible.






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






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






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






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






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






17. Abbreviation for a standardized container - Twenty-foot equivalent unit.






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






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






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






21. Anyone who has an interest in the success of an organization - e.g. the owner - employees - shareholders.






22. A vessel sailing between specific ports on a regular basis.






23. A new scientific or technical idea.






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






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






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






27. A place where parts of the ownership of companies are bought and sold - or the organization of people whose job is to do the buying and selling.






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






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






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






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






32. Shortened form of Roll on/Roll off meaning a ship which trucks can drive straight onto without the need for cranes.






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






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






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






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






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






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






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






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






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






42. Property that a business owns - including cash and receivables - inventory etc.






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






44. Earnings Before Interest and Taxes.






45. Electronic records of phone calls - bank transactions etc which paint a picture of what a person did - where and when.






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






47. 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.






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






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






50. 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.