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






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






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






4. Earnings Before Interest and Taxes.






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






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






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






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






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






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






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






13. Property that a business owns - including cash and receivables - inventory etc.






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






15. A place to live - work - stay in : rented/temporary/furnished accommodation.






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






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






18. A place where parts of the ownership of companies are bought and sold - or the organization of people whose job is to do the buying and selling.






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






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






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






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






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






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






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






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






27. A systematic - independent examination of whether a company's quality procedures are being followed and goals being achieved or not.






28. 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.






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






30. The estimated loss of value of assets over a period of time.






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






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






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






34. Useable or acceptable.






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






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






37. Someone who acts as an agent on behalf of a shipper.






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






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






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






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






42. A place for the reception - delivery - consolidation - distribution and storage of goods and cargo.






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

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






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






46. The monitoring or close observation of behaviour.






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






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






49. To decide that an agreed appointment or booking will not take place.






50. Events which are beyond the control of a carrier like war - earthquakes or floods.