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






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






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






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






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






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






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






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






9. A non-profit making organization which exists to support and help a particular group.






10. An agreement that regulates the rights and obligations of shareholders.






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






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






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






14. Written description of how something should be done.






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






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






17. A method recognised throughout a business sector as the best way to do something.






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






19. Surveillance tools installed on a computer without the users' consent.






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






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






22. The right to have your political view kept secret.






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






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






25. Someone who invests in a business partnership without taking part in business affairs. Usually sleeping partners have limited liability.






26. Finding out or ascertaining something previously unknown.






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






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






29. Ships especially designed for trucks to drive into them using internal ramps.






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






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






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






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






34. The ability to develop new ideas.






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






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






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






38. Initial medical attention given to someone in the event of an accident or sudden illness.






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






40. Useable or acceptable.






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






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






43. The monitoring or close observation of behaviour.






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






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






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






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






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






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






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