Test your basic knowledge |

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






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






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






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






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






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






7. Finding out or ascertaining something previously unknown.






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






9. List of goods in a store or warehouse.






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






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






12. A technique used to assess expected profitability of a company or single product.






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






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






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






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






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






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






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






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






21. Estimated Time of Arrival.






22. A process of verifying all information about a company including but not limited to financials - management - market share and risks.






23. The complete range of a company's offerings including products and services.






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






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






26. A new scientific or technical idea.






27. A defined segment of the market that a product is aimed at.






28. The examination and evaluation of something.






29. The science of making sure people and machines work together as well as possible.






30. Events which are beyond the control of a carrier like war - earthquakes or floods.






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






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






33. Damage or hurt experienced by a person or animal.






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






35. A government office which registers information on every company on the British market and circulates them to stakeholders.






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






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






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






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






40. The crime of deceiving someone to get money or good illegally.






41. A piece of information - for example how a certain product is made - which is only known to the company that makes it.






42. Sales divided by total assets.






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






44. A short description of a company's purpose in relation to customers - products - markets etc.






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






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






47. The planning - implementation and control of flow and storage of goods.






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






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






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







Sorry!:) No result found.

Can you answer 50 questions in 15 minutes?


Let me suggest you:



Major Subjects



Tests & Exams


AP
CLEP
DSST
GRE
SAT
GMAT

Most popular tests