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






2. A warehouse authorized by customs where goods are stored and no payment is required until the goods are removed.






3. A new scientific or technical idea.






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






5. The examination and evaluation of something.






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






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


8. A place where parts of the ownership of companies are bought and sold - or the organization of people whose job is to do the buying and selling.






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






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






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






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






13. Net profits divided by net worth or total equity.






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






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






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






17. When all members of a group agree to support a decision even if they don't agree with it.






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






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






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






21. The first time a company offers its shares to the public.






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






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






24. A response or reaction to a piece of information.






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






26. A machine used to pick up and transport goods loaded on pallets.






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






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






29. The ability to develop new ideas.






30. When someone breaks your right to privacy.






31. Raised flat area beside a train track for entering or exiting a train.






32. Series of questions designed to gather information on a certain topic.






33. Part of the Bill of Rights which provides people with the right to be secure in their persons - houses - papers etc.






34. Finding out or ascertaining something previously unknown.






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






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






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






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






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






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






41. Earnings Before Interest and Taxes.






42. Monitoring of public places using video cameras.






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






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






45. Things which are likely or feasible.






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






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






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






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






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