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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 portion - piece or segment of something that is representative of the whole.






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






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






4. Transportation method where truck trailers with their loads are moved by train to their destination.






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






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






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






8. An invasion of someone's private life without due cause.






9. Expenses arising during normal business operations.






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






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






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






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






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






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






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






17. Metal rails along which a train travels.






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






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






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






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






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






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






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






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






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






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






28. Things which are likely or feasible.






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






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






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






32. The organization that surveys and classifies ships for insurance companies.


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






34. To decide that an agreed appointment or booking will not take place.






35. Earnings Before Interest and Taxes.






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






37. Finding out or ascertaining something previously unknown.






38. Someone who acts as an agent on behalf of a shipper.






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






40. Activities including product - method of distribution - method of advertising which all affect how a product is marketing.






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






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






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






44. The idea that anything you tell your doctor will remain confidential.






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






46. A rectangluar piece of luggage for carrying clothes.






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






48. The right to have details of your financial transactions kept secret.






49. The ability to develop new ideas.






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