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






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






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






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






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






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






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






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






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






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






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






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






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






14. List of goods in a store or warehouse.






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






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






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






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






19. The ability to develop new ideas.






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






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






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






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






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






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






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






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






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






29. 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.






30. Sales divided by total assets.






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






32. The expected behaviour or standard for something.






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






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






35. A delivery which is currently between its source and destination.






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






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






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






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






40. Earnings Before Interest - Taxes - Depreciation and Amortization.






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






42. A short description of a company's purpose in relation to customers - products - markets etc.






43. Cargo which is transported by plane.






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






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






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






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






48. A shipment of goods to a consignee.






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






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