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






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






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






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






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






6. A moving belt you collect baggage from at the airport.






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

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8. Expenses arising during normal business operations.






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






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






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






12. When someone breaks your right to privacy.






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






14. A new scientific or technical idea.






15. The complete range of a company's offerings including products and services.






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






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






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






19. A form of corporate equity ownership giving voting rights.






20. The obsessive following - observing or contacting of another person.






21. Finding out or ascertaining something previously unknown.






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






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






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






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






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






27. A vessel sailing between specific ports on a regular basis.






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






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






30. To make valid by approval - to establish the certainty of something.






31. A place to live - work - stay in : rented/temporary/furnished accommodation.






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






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






34. Cargo which is transported by plane.






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






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






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






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






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






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






41. A rectangluar piece of luggage for carrying clothes.






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






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






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






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






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






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






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






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






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