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






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






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






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






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






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






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






8. Written description of how something should be done.






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






10. An invasion of someone's private life without due cause.






11. A measure of the average time between failures in a system - the higher the amount - the more reliable the thing is.






12. A unit of measure for liquids equivalent to 42 gallons.






13. Sales divided by total assets.






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






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






16. Insurance covering loss or damage of goods at sea.






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






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






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






20. Activities involved in protecting a country - building or person against danger or attack.






21. 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.






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






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






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






25. When someone breaks your right to privacy.






26. Forty-Foot Equivalent Units - a standard size for shipping containers.






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






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






29. A machine used to pick up and transport goods loaded on pallets.






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






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






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






33. The truck unit onto which freight in a container is loaded.






34. A small hotel or private house that rents out rooms to sleep in - including breakfast - at reasonable prices.






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






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






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






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






39. A portion - piece or segment of something that is representative of the whole.






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






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






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






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






44. A voting system where each vote is kept private.






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






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






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






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






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






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