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






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






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






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






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






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






7. Useable or acceptable.






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






9. 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.






10. A planned - temporary break in a journey - for instance to change planes.






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






12. To unload and distribute some or all the contents of a rail car - container or trailer.






13. Documents used to procure freight and express transportation and services from commercial carriers.






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






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






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






17. Entering land or property without permission from the owner or the right to enter.






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






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






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






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






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






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






24. Fundamental human rights usually protected by law such as freedom of speech and religion.






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






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






27. The examination and evaluation of something.






28. Someone who acts as an agent on behalf of a shipper.






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






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






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






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






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






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






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






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






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






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






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






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






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






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






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






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






45. A short statement describing the main objectives and aims of a business.






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






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






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






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






50. 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.







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Can you answer 50 questions in 15 minutes?


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