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






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






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






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






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






6. General term for ships designed to carry cargo rather than passengers.






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






8. A new scientific or technical idea.






9. Usually wooden base used for moving or storing stacked goods.






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






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






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






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






14. A small hotel or private house that rents out rooms to sleep in - including breakfast - at reasonable prices.






15. When someone breaks your right to privacy.






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






17. The right of owners of physical or intellectual property to consume - rent or sell their property.






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






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






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






21. The granting of power to perform various acts or duties.






22. Events which are beyond the control of a carrier like war - earthquakes or floods.






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






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






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






26. The benefit of larger scale production where costs are spread over more units which lowers the average unit cost.






27. A systematic - independent examination of whether a company's quality procedures are being followed and goals being achieved or not.






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






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






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






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






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






33. 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.






34. A shipment of goods to a consignee.






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






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






37. Finding out or ascertaining something previously unknown.






38. System where goods are produced as and when they are needed rather than producing items in advance and storing them in a warehouse.






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






40. Cargo which is transported by plane.






41. The times of highest demand for a product or service.






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






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






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






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






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






47. A wealthy person who invests in a start-up company.






48. The right to have your sexual orientation and practices remain secret.






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






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