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






2. 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.






3. The planning - implementation and control of flow and storage of goods.






4. Net profits divided by net worth or total equity.






5. Debts; money that must be paid.






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






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






8. A form of company which has a separate legal identity and limited liabilities.






9. Abbreviation for a standardized container - Twenty-foot equivalent unit.






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






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






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






13. The truck unit onto which freight in a container is loaded.






14. A response or reaction to a piece of information.






15. Cargo which is transported by plane.






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






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






18. The fraudulent use of someone's identity in order to steal money or get other benefits.






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






20. A test of a company's ability to meet its immediate cash requirements: short-term assets minus accounts receivable and inventory - divided by short-term liabilities.






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






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






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






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






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






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






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






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






29. Finding out or ascertaining something previously unknown.






30. When someone breaks your right to privacy.






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






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






33. Ceiling-mounted camera used in stores and casinos etc to monitor customers.

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






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






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






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






38. Steps taken in advance to avoid an accident happening.






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






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






41. A non-profit making organization which exists to support and help a particular group.






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






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






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






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






46. Earnings Before Interest and Taxes.






47. Sales divided by total assets.






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






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






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