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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 person who is on the managing board of a business.






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






3. 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.






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






5. A formal framework for identifying an organization's growth opportunities - strengths - weaknesses - opportunities and threats.






6. Finding out or ascertaining something previously unknown.






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






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






9. The fraudulent use of someone's identity in order to steal money or get other benefits.






10. Transporting something using different means of transport - e.g. first on a truck and then on a ship.






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






12. A notice to a buyer that shipment has gone forward which contains details of packing - routing etc.






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






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






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






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






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






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






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






20. Metal rails along which a train travels.






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






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






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






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






25. Letting a third-party company take care of your logistics for you.






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






27. Useable or acceptable.






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






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






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






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






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






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






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






35. The total value of all the outstanding shares of a publicly-traded company.






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






37. Net profits divided by net worth or total equity.






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






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






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






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






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






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






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






45. Usually wooden base used for moving or storing stacked goods.






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






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






48. Written description of how something should be done.






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






50. Expenses arising during normal business operations.