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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 form of corporate equity ownership giving voting rights.






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






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






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






5. Activities involved in protecting a country - building or person against danger or attack.






6. A voting system where each vote is kept private.






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






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






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






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






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






12. Electronic records of phone calls - bank transactions etc which paint a picture of what a person did - where and when.






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






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






15. The right to have your sexual orientation and practices remain secret.






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






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






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






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






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






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






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






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






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






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






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






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






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






29. Finding out or ascertaining something previously unknown.






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






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






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






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






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






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






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






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






38. Estimated Time of Arrival.






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






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






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






42. A moving belt you collect baggage from at the airport.






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






44. Vessel designed to carry bulk cargo such as grain or ore.






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






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






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






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






49. Debts; money that must be paid.






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







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