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






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






3. Ships fitted with tanks to carry liquid or gas cargoes.






4. A person who is involved in a situation in addition to the two main participants.






5. Cargo which is transported by plane.






6. Finding out or ascertaining something previously unknown.






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






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






9. The examination and evaluation of something.






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






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






12. A shipment of goods to a consignee.






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






14. A rectangluar piece of luggage for carrying clothes.






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






16. Useable or acceptable.






17. Cargo which is booked but does not arrive in time to be loaded onto a vessel.






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






19. The point in units sold or sales amount when the expenses will be matched.






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






21. A new scientific or technical idea.






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






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






24. The organization that surveys and classifies ships for insurance companies.

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






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






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






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






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






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






31. The added value a brand name identity brings to a product or service.






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






33. The planning - implementation and control of flow and storage of goods.






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






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






36. Debts; money that must be paid.






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






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






39. Earnings Before Interest and Taxes.






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






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






42. A demanding or stimulating situation.






43. Hospital department for people who suddenly become ill or are hurt in an accident.






44. The amount of money of a company's profits that is distributed to its shareholders.






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






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






47. The ability to develop new ideas.






48. 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.






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






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