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






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






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






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






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






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






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






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






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






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






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






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






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






14. List of goods in a store or warehouse.






15. 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.






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






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






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






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






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






21. The granting of power to perform various acts or duties.






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






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






24. 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.






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






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






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






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






29. Duties or taxes imposed by the government on imported and exported goods.






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






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






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






33. Written description of how something should be done.






34. The sale of part-ownership in a venture to gain additional capital for a start-up.






35. The right of owners of physical or intellectual property to consume - rent or sell their property.






36. The crime of deceiving someone to get money or good illegally.






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






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






39. Information officially declared secret - such as classified documents or material that are available only to particular people.






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






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






42. A demanding or stimulating situation.






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






44. Transporting something using different means of transport - e.g. first on a truck and then on a ship.






45. Cargo which is transported by plane.






46. Sales divided by total assets.






47. When someone breaks your right to privacy.






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






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






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






Can you answer 50 questions in 15 minutes?



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