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






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






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






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






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






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






7. Written description of how something should be done.






8. Finding out or ascertaining something previously unknown.






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






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






11. A response or reaction to a piece of information.






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






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






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






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






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






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






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






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






20. 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.






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






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






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






24. A moving belt you collect baggage from at the airport.






25. Protective eyewear worn when working with chemicals or dangerous machines.






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






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






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






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






30. When someone breaks your right to privacy.






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






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






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






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






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






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






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






38. A warehouse authorized by customs where goods are stored and no payment is required until the goods are removed.






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






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






41. A wealthy person who invests in a start-up company.






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






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






44. A rectangluar piece of luggage for carrying clothes.






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






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






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






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






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






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