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






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

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






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






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






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






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






8. Part of the Bill of Rights which provides people with the right to be secure in their persons - houses - papers etc.






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






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






11. A shipment of goods to a consignee.






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






13. System where goods are produced as and when they are needed rather than producing items in advance and storing them in a warehouse.






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






15. The time it takes between the arrival of a vessel or aircraft and its departure.






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






17. When all members of a group agree to support a decision even if they don't agree with it.






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






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






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






21. Damage or hurt experienced by a person or animal.






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






23. Metal rails along which a train travels.






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






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






26. The science of making sure people and machines work together as well as possible.






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






28. List of goods in a store or warehouse.






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






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






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






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






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






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






35. Series of questions designed to gather information on a certain topic.






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






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






38. A company where the owners are personally liable for the debts of the company.






39. A model depicting the sales curve of a product split into four stages - introduction - growth - maturity and decline.






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






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






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






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






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






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






46. A new scientific or technical idea.






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






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






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






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