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






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






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






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






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






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






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






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






9. A business classed as a separate legal entity so if there is a financial problem the owners would not lose all their money - only the money they had invested in the company.






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






11. A new scientific or technical idea.






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






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






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






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






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






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






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






19. Transportation method where truck trailers with their loads are moved by train to their destination.






20. Things which are likely or feasible.






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






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






23. A rectangluar piece of luggage for carrying clothes.






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






25. Service taking cargo from a regional port or airport to a central hub for a long-haul voyage.






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






27. The expected behaviour or standard for something.






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






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






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






31. The examination and evaluation of something.






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






33. Cargo ships not specialised in one type of cargo unlike a full containership.






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






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






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






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






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






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






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






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






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






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






44. The characteristic of a measurement regarding how precise it is.






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






46. 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.






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






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






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






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