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






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






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






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






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






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






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






8. A shipment of goods to a consignee.






9. A company where the owners are personally liable for the debts of the company.






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






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






12. Officials formally appointed to run and represent a company.






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






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






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






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






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






18. Positions customer's relative perceptions of one brand in comparison to other competitive alternatives.






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






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






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






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






23. When someone breaks your right to privacy.






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






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

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






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






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






29. Costs that fluctuate in direct relation to the volume of units produced.






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






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






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






33. Monitoring of public places using video cameras.






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






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






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






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






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






39. Wages - salaries and other forms of employee compensation.






40. The expected behaviour or standard for something.






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






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






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






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






45. The ability to develop new ideas.






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






47. When you allow someone to start a specific business by using your products in exchange for a part of his profits.






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






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






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