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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. Goods which are shipped loose in the hold of a ship.






2. Expenses arising during normal business operations.






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






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






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






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






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






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






9. The right to have your political view kept secret.






10. Ceiling-mounted camera used in stores and casinos etc to monitor customers.

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11. When a person or group infringes on your rights such as freedom of movement or freedom of speech.






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

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






14. A process of verifying all information about a company including but not limited to financials - management - market share and risks.






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






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






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






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






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






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






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






22. A demanding or stimulating situation.






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






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






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






26. The examination and evaluation of something.






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






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






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






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






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






32. An organization able to respond to and address changes in a market - their environment or industry.






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






34. The right to have details of your financial transactions kept secret.






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






36. The monitoring or close observation of behaviour.






37. To make valid by approval - to establish the certainty of something.






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






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






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






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






42. The obsessive following - observing or contacting of another person.






43. Raised flat area beside a train track for entering or exiting a train.






44. When a company produces a product of a type they have not previously made.






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






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






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






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






49. A marketing strategy where a company tries to gain greater dominance in a market - for example - by offering special prices.






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