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






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






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






4. A telephone call requested at a certain time to wake someone up.






5. Protective eyewear worn when working with chemicals or dangerous machines.






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






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






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

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9. A formal framework for identifying an organization's growth opportunities - strengths - weaknesses - opportunities and threats.






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






11. Written description of how something should be done.






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






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






14. 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.






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






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






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






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






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






20. The sale of part-ownership in a venture to gain additional capital for a start-up.






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






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






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






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






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






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






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

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






29. The ability to develop new ideas.






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






31. A notice to a buyer that shipment has gone forward which contains details of packing - routing etc.






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






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






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






35. List of goods in a store or warehouse.






36. Useable or acceptable.






37. One of the documents required by a firm to become a limited company.






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






39. Shaping a companies' offering and image to occupy a unique and valued place in the customer's mind.






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






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






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






43. Electronic records of phone calls - bank transactions etc which paint a picture of what a person did - where and when.






44. The added value a brand name identity brings to a product or service.






45. A measure of the average time between failures in a system - the higher the amount - the more reliable the thing is.






46. When a company buys another one for more than the asset value the difference is called goodwill.






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






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






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






50. Setting a relatively low intitial price for a new product in order to win market share.