Test your basic knowledge |

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. Raised flat area beside a train track for entering or exiting a train.






2. A document representing one unit of ownership in a corporation - mutual fund or limited partnership.






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






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






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






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






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






8. When a company buys another one for more than the asset value the difference is called goodwill.






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






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






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






12. Device containing water - foam or powder used to put out a fire.






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






14. Anyone who has an interest in the success of an organization - e.g. the owner - employees - shareholders.






15. A formal framework for identifying an organization's growth opportunities - strengths - weaknesses - opportunities and threats.






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






17. A moving belt you collect baggage from at the airport.






18. A vessel sailing between specific ports on a regular basis.






19. Hospital department for people who suddenly become ill or are hurt in an accident.






20. A test of a company's ability to meet its immediate cash requirements: short-term assets minus accounts receivable and inventory - divided by short-term liabilities.






21. List of goods in a store or warehouse.






22. A government office which registers information on every company on the British market and circulates them to stakeholders.






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






24. Written description of how something should be done.






25. The ability to develop new ideas.






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






27. The added value a brand name identity brings to a product or service.






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






29. The right to have your political view kept secret.






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






31. Cargo which is transported by plane.






32. A method recognised throughout a business sector as the best way to do something.






33. The right to have your sexual orientation and practices remain secret.






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






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






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






37. A voting system where each vote is kept private.






38. A place to live - work - stay in : rented/temporary/furnished accommodation.






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






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

Warning: Invalid argument supplied for foreach() in /var/www/html/basicversity.com/show_quiz.php on line 183


41. Property that a business owns - including cash and receivables - inventory etc.






42. A name - term - sign - symbol - design or combination of these used to uniquely identify a producer's goods.






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






44. The monitoring or close observation of behaviour.






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






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






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






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






49. A systematic - independent examination of whether a company's quality procedures are being followed and goals being achieved or not.






50. A company that moves goods or passengers from one place to another.