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






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






3. A company that moves goods or passengers from one place to another.






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






5. An investment contributed at the early stages of a new venture.






6. The state of remaining unknown to most other people.






7. 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.






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






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






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






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






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






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






14. Costs that fluctuate in direct relation to the volume of units produced.






15. Mechanical device controlling the flow of a gas or liquid in a system.






16. A short statement describing the main objectives and aims of a business.






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






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






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






20. A name - term - sign - symbol - design or combination of these used to uniquely identify a producer's goods.






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






22. Sales divided by total assets.






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






24. Activities involved in protecting a country - building or person against danger or attack.






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






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






27. Estimated Time of Arrival.






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






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






30. Shortened form of Roll on/Roll off meaning a ship which trucks can drive straight onto without the need for cranes.






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






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






33. The efforts to make a product seem different from rival products or even unique.






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






35. The right to privacy and control of your information on the internet.






36. Device which breaks to stop the flow of current in the event of an overload.






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






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






39. Activities including product - method of distribution - method of advertising which all affect how a product is marketing.






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






41. 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.






42. A standard used to compare some aspect of a business to an external measure.






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






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






45. 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.






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






47. The ability to develop new ideas.






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






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






50. The monitoring or close observation of behaviour.







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