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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. 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.






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






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






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






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






6. Useable or acceptable.






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






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






9. The examination and evaluation of something.






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






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






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






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






14. Compensation paid to a person on the basis of products sold.






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






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






17. Wages - salaries and other forms of employee compensation.






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






19. The right to have your sexual orientation and practices remain secret.






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






21. A document representing one unit of ownership in a corporation - mutual fund or limited partnership.






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






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






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






25. Written description of how something should be done.






26. Debts; money that must be paid.






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






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






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






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






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






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






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






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






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






36. Ships especially designed for trucks to drive into them using internal ramps.






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






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






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






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






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






42. 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.






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






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






45. Protective helmet worn on building sites etc. to prevent injuries to the head.






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






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






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






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






50. Unfair treatment of a person or group based on prejudice.