SUBJECTS
|
BROWSE
|
CAREER CENTER
|
POPULAR
|
JOIN
|
LOGIN
Business Skills
|
Soft Skills
|
Basic Literacy
|
Certifications
About
|
Help
|
Privacy
|
Terms
|
Email
Search
Test your basic knowledge |
Business English Test
Start Test
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. Letting a third-party company take care of your logistics for you.
spyware
entrepreneuer
fork lift
logistics outsourcing
2. A company that moves goods or passengers from one place to another.
target market
TEU
benchmark
carrier
3. Setting a high initial price for a product to create a price-quality idea which early adopters will happily accept.
fork lift
fixed cost
skimming pricing strategy
equity financing
4. A systematic - independent examination of whether a company's quality procedures are being followed and goals being achieved or not.
spyware
bed & breakfast
quality audit
director
5. An invasion of someone's private life without due cause.
classified information
target market
IPO - Initial Public Offering
breach of privacy
6. When a company produces a product of a type they have not previously made.
diversification
life cycle
acid test
SWOT analysis
7. Someone who starts a new business venture often involving innovation and risk taking.
share
entrepreneuer
retained earnings
US Fourth Amendment
8. Steps taken in advance to avoid an accident happening.
valve
freedom of speech
precaution
target market
9. A unit of measure for liquids equivalent to 42 gallons.
barrel (BBL)
MTBF (Mean Time Between Failures)
FEU
life cycle
10. The right of owners of physical or intellectual property to consume - rent or sell their property.
property rights
stakeholder
brand recognition
stock exchange
11. The complete range of a company's offerings including products and services.
differentiation
accommodation
retained earnings
portfolio
12. A notice to a buyer that shipment has gone forward which contains details of packing - routing etc.
accounts payable
CCTV (closed-circuit television)
advice of shipment
retained earnings
13. One of the documents required by a firm to become a limited company.
memorandum of association
feeder service
discrimination
analysis
14. 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.
assets
stock exchange
logistics outsourcing
discrimination
15. The right to have details of your financial transactions kept secret.
norm
financial privacy
brand recognition
portfolio
16. Someone who acts as an agent on behalf of a shipper.
freight forwarder
customs
barrel (BBL)
identity theft
17. The point in units sold or sales amount when the expenses will be matched.
break-even point
liabilities
brand
trailer
18. A receipt for goods issued by a carrier indicated that goods were received without damage or irregularities.
Lloyds' Registry
IPO - Initial Public Offering
just-in-time manufacturing
Clean Bill of Lading
19. Transporting something using different means of transport - e.g. first on a truck and then on a ship.
stock exchange
bed & breakfast
freighters
intermodal transport
20. Usually wooden base used for moving or storing stacked goods.
sexual privacy
force majeure
pallet
assets
21. Goods which are shipped loose in the hold of a ship.
income statement
bulk cargo
EBITDA
survey
22. An investment contributed at the early stages of a new venture.
limited liability
valid
accreditation
seed capital
23. Protective eyewear worn when working with chemicals or dangerous machines.
bulk cargo
property rights
break-even point
goggles
24. Device containing water - foam or powder used to put out a fire.
fire extinguisher
tankers
brand
medical privacy
25. A method recognised throughout a business sector as the best way to do something.
carrier
deed of partnership
Companies House
best practice
26. To make valid by approval - to establish the certainty of something.
due diligence
Bill of Lading
confirm
EBITDA
27. A portion - piece or segment of something that is representative of the whole.
US Fourth Amendment
sample
unlimited liability
cancel
28. Officials formally appointed to run and represent a company.
port of entry
operating expenses
classified information
officers of a company
29. When all members of a group agree to support a decision even if they don't agree with it.
trailer
liabilities
consensus
brand
30. A new scientific or technical idea.
injury
invention
platform
suitcase
31. The system of technology - people - organizations etc involved in moving services or products from supplier to customer.
supply chain
cancel
track
challenge
32. The granting of power to perform various acts or duties.
economies of scale
tankers
accommodation
accreditation
33. An organization able to respond to and address changes in a market - their environment or industry.
adaptive firm
brand equity
operating expenses
memorandum of association
34. The characteristic of a measurement regarding how precise it is.
break bulk
accuracy
break-even analysis
penetration pricing strategy
35. Useable or acceptable.
valid
'eye in the sky' camera
Roll-on/Roll-off vessels
CCTV (closed-circuit television)
36. Shaping a companies' offering and image to occupy a unique and valued place in the customer's mind.
possibilities
acid test
positioning
entrepreneuer
37. The monitoring or close observation of behaviour.
surveillance
pallet
freight forwarder
stopover
38. Estimated Time of Arrival.
full containerships
discovery
turnaround
ETA
39. The categorization of potential customers into groups based on common characteristics.
CCTV (closed-circuit television)
deed of partnership
payroll
market segmentation
40. A delivery which is currently between its source and destination.
fiscal year
fire extinguisher
adaptive firm
in transit
41. The fraudulent use of someone's identity in order to steal money or get other benefits.
discovery
turnaround
freight forwarder
identity theft
42. Hospital department for people who suddenly become ill or are hurt in an accident.
A & E (Accident & Emergency)
political privacy
port of entry
dividend
43. Device which breaks to stop the flow of current in the event of an overload.
fuse
survey
positioning
hose
44. Mechanical device controlling the flow of a gas or liquid in a system.
barrel (BBL)
wake-up call
hose
valve
45. A shipment of goods to a consignee.
security
consignment
marine insurance
variable cost
46. Ships with permanent container cells with little or no space for other cargo types.
procedure
medical privacy
discovery
full containerships
47. Property that a business owns - including cash and receivables - inventory etc.
share capital
assets
platform
information privacy
48. Cargo which is booked but does not arrive in time to be loaded onto a vessel.
no-show
brand equity
marketing mix
bulk cargo
49. A wealthy person who invests in a start-up company.
target market
cancel
venture capitalist
depreciation
50. A rectangluar piece of luggage for carrying clothes.
property rights
no-show
suitcase
'eye in the sky' camera