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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 granting of power to perform various acts or duties.






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






3. The right to say what you want without anyone stopping you.






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






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






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






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






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






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






10. The total value of all the outstanding shares of a publicly-traded company.






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






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






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






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






15. The monitoring or close observation of behaviour.






16. A rectangluar piece of luggage for carrying clothes.






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






18. The ability to develop new ideas.






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






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






21. A receipt for goods issued by a carrier indicated that goods were received without damage or irregularities.






22. A demanding or stimulating situation.






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






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






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






26. The possibility of suffering harm or loss; a danger.






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






28. Documents used to procure freight and express transportation and services from commercial carriers.






29. Expenses arising during normal business operations.






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






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






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






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






34. The system of technology - people - organizations etc involved in moving services or products from supplier to customer.






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






36. The examination and evaluation of something.






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






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






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






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






41. The relationship between technology and the legal right to privacy in the collection and sharing of data about oneself.






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






43. 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.






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






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






46. A person who is on the managing board of a business.






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






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






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






50. An invasion of someone's private life without due cause.