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






2. A shipment of goods to a consignee.






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






4. A wealthy person who invests in a start-up company.






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






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






7. Shaping a companies' offering and image to occupy a unique and valued place in the customer's mind.






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






9. When someone breaks your right to privacy.






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






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






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






13. Port where cargo enters a country and is unloaded.






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






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






16. Mechanical device controlling the flow of a gas or liquid in a system.






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






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






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






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






21. The idea that anything you tell your doctor will remain confidential.






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






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






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






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






26. The times of highest demand for a product or service.






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






28. General term for ships designed to carry cargo rather than passengers.






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






30. Metal rails along which a train travels.






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






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






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






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






35. A telephone call requested at a certain time to wake someone up.






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






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






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






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






40. Steps taken in advance to avoid an accident happening.






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






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

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






44. The right to say what you want without anyone stopping you.






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






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






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






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






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






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