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Business English Test
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Study First
Subjects
:
business-skills
,
english
,
vocabulary
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 efforts to make a product seem different from rival products or even unique.
limited liability
differentiation
FEU
return on investment
2. Debts owed to a company usually from sales on credit.
accounts receivable
differentiation
return on investment
portfolio
3. The right to have details of your financial transactions kept secret.
financial privacy
break-even point
no-show
accuracy
4. Useable or acceptable.
valid
limited liability
feedback
payroll
5. A marketing strategy where a company tries to gain greater dominance in a market - for example - by offering special prices.
market penetration strategy
advice of shipment
stopover
accuracy
6. The right to say what you want without anyone stopping you.
charity
sexual privacy
freedom of speech
wake-up call
7. The estimated loss of value of assets over a period of time.
injury
Clean Bill of Lading
unlimited liability
depreciation
8. The total value of all the outstanding shares of a publicly-traded company.
quality audit
market capitalization
force majeure
suitcase
9. Metal rails along which a train travels.
advice of shipment
IPO - Initial Public Offering
bed & breakfast
track
10. The categorization of potential customers into groups based on common characteristics.
accommodation
market segmentation
classified information
stalking
11. Monitoring of public places using video cameras.
fixed cost
civil liberties
CCTV (closed-circuit television)
break-even point
12. Officials formally appointed to run and represent a company.
freight forwarder
acid test
officers of a company
creativity
13. Transporting something using different means of transport - e.g. first on a truck and then on a ship.
intermodal transport
trailer
pallet
general cargo freighters
14. Series of questions designed to gather information on a certain topic.
marine insurance
operating expenses
economies of scale
survey
15. A rectangluar piece of luggage for carrying clothes.
Leveraged Buy-Out
lead-time
mission statement
suitcase
16. A person who is on the managing board of a business.
share capital
'eye in the sky' camera
director
market capitalization
17. Part of the Bill of Rights which provides people with the right to be secure in their persons - houses - papers etc.
US Fourth Amendment
return on investment
civil liberties
share capital
18. Damage or hurt experienced by a person or animal.
property rights
feedback
injury
market segmentation
19. A new scientific or technical idea.
invention
fixed cost
benchmark
portfolio
20. A measure of the average time between failures in a system - the higher the amount - the more reliable the thing is.
financial privacy
MTBF (Mean Time Between Failures)
return on investment
hard hat
21. A unit of measure for liquids equivalent to 42 gallons.
limited liability
barrel (BBL)
carousel
business mission
22. Electronic records of phone calls - bank transactions etc which paint a picture of what a person did - where and when.
Ro/Ro
confirm
electronic trail
corporation
23. The point in units sold or sales amount when the expenses will be matched.
suitcase
analysis
break bulk
break-even point
24. The science of making sure people and machines work together as well as possible.
ergonomics
life cycle
norm
goodwill
25. A model depicting the sales curve of a product split into four stages - introduction - growth - maturity and decline.
freighters
Bill of Lading
wake-up call
life cycle
26. A delivery which is currently between its source and destination.
bulk carriers
in transit
MTBF (Mean Time Between Failures)
deed of partnership
27. Insurance covering loss or damage of goods at sea.
entrepreneuer
marine insurance
spyware
bulk cargo
28. 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.
limited liability
warehouse
precaution
liabilities
29. A company where the owners are personally liable for the debts of the company.
port of entry
logistics outsourcing
unlimited liability
ergonomics
30. Abbreviation for a standardized container - Twenty-foot equivalent unit.
challenge
co-operative
TEU
corporation
31. A portion - piece or segment of something that is representative of the whole.
sample
air cargo
invention
tankers
32. A defined segment of the market that a product is aimed at.
bed & breakfast
track
target market
freedom of speech
33. Setting a relatively low intitial price for a new product in order to win market share.
penetration pricing strategy
venture capitalist
possibilities
Bill of Lading
34. Setting a high initial price for a product to create a price-quality idea which early adopters will happily accept.
logistics
sleeping partner
limited liability
skimming pricing strategy
35. Property that a business owns - including cash and receivables - inventory etc.
adaptive firm
inventory
assets
electronic trail
36. The relationship between technology and the legal right to privacy in the collection and sharing of data about oneself.
pallet
information privacy
tankers
turnaround
37. The right to privacy and control of your information on the internet.
intermodal transport
air cargo
internet privacy
valve
38. Port where cargo enters a country and is unloaded.
bulk carriers
port of entry
freight forwarder
carousel
39. A financial statement showing sales - cost of sales - gross margin - operating expenses etc.
income statement
intermodal transport
commission
bulk cargo
40. Documents used to procure freight and express transportation and services from commercial carriers.
venture capitalist
Bill of Lading
brand equity
liabilities
41. A process of verifying all information about a company including but not limited to financials - management - market share and risks.
stock exchange
due diligence
brand equity
trailer
42. The first time a company offers its shares to the public.
IPO - Initial Public Offering
market penetration strategy
TEU
cancel
43. Protective helmet worn on building sites etc. to prevent injuries to the head.
stakeholder
fork lift
valve
hard hat
44. A company that moves goods or passengers from one place to another.
carrier
in transit
entrepreneuer
property rights
45. The purchase of a business based on the company's cash recipts and the belief positive cash flow will continue.
positioning
feeder service
Leveraged Buy-Out
inventory
46. The fraudulent use of someone's identity in order to steal money or get other benefits.
cash flow
identity theft
consignment
general cargo freighters
47. The time which a seller needs to produce and deliver goods.
FEU
security
lead-time
CCTV (closed-circuit television)
48. Protective eyewear worn when working with chemicals or dangerous machines.
stock exchange
customs
goggles
carousel
49. A receipt for goods issued by a carrier indicated that goods were received without damage or irregularities.
Clean Bill of Lading
depreciation
fork lift
due diligence
50. The obsessive following - observing or contacting of another person.
stalking
venture capitalist
wake-up call
challenge
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