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






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






3. The science of making sure people and machines work together as well as possible.






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






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






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






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






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






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






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






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






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






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






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






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






16. Estimated Time of Arrival.






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






18. A delivery which is currently between its source and destination.






19. List of goods in a store or warehouse.






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






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






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






23. Written description of how something should be done.






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






25. When someone breaks your right to privacy.






26. The point in units sold or sales amount when the expenses will be matched.






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






28. A place for the reception - delivery - consolidation - distribution and storage of goods and cargo.






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






30. 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.






31. The expected behaviour or standard for something.






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






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






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






35. The examination and evaluation of something.






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






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






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






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






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






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






42. Debts; money that must be paid.






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






44. Business wholly owned by its employees with the emphasis on group decision making.






45. A technique used to assess expected profitability of a company or single product.






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






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






48. A flexible tube used to transport liquids or gas.






49. Useable or acceptable.






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