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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 flexible tube used to transport liquids or gas.






2. 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.






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






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






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






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






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






8. Things which are likely or feasible.






9. The estimated loss of value of assets over a period of time.






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






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






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






13. The examination and evaluation of something.






14. When a person or group infringes on your rights such as freedom of movement or freedom of speech.






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






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






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






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






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






20. Shaping a companies' offering and image to occupy a unique and valued place in the customer's mind.






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






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






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






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






25. A telephone call requested at a certain time to wake someone up.






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






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






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






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






30. Electronic records of phone calls - bank transactions etc which paint a picture of what a person did - where and when.






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






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






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






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






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






36. The planning - implementation and control of flow and storage of goods.






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






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






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






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






41. Activities involved in protecting a country - building or person against danger or attack.






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






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






44. Goods which are shipped loose in the hold of a ship.






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






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






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






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






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






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