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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. The science of making sure people and machines work together as well as possible.
norm
key performance indicator
ergonomics
MTBF (Mean Time Between Failures)
2. The system of technology - people - organizations etc involved in moving services or products from supplier to customer.
supply chain
goodwill
bulk carriers
unlimited liability
3. Things which are likely or feasible.
ergonomics
supply chain
possibilities
rights violation
4. 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.
skimming pricing strategy
stock exchange
portfolio
EBITDA
5. A telephone call requested at a certain time to wake someone up.
FEU
skimming pricing strategy
wake-up call
accounts receivable
6. One of the documents required by a firm to become a limited company.
secret ballot
share
memorandum of association
fiscal year
7. A notice to a buyer that shipment has gone forward which contains details of packing - routing etc.
dividend
advice of shipment
third party
logistics
8. The total value of all the outstanding shares of a publicly-traded company.
no-show
diversification
market capitalization
platform
9. To decide that an agreed appointment or booking will not take place.
officers of a company
cancel
key performance indicator
brand recognition
10. Setting a high initial price for a product to create a price-quality idea which early adopters will happily accept.
civil liberties
skimming pricing strategy
fraud
IPO - Initial Public Offering
11. A person who is involved in a situation in addition to the two main participants.
third party
due diligence
feedback
security
12. A systematic - independent examination of whether a company's quality procedures are being followed and goals being achieved or not.
due diligence
A & E (Accident & Emergency)
quality audit
discovery
13. Goods which are shipped loose in the hold of a ship.
unlimited liability
accounts receivable
bulk cargo
classified information
14. The organization that surveys and classifies ships for insurance companies.
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15. Vessel designed to carry bulk cargo such as grain or ore.
medical privacy
procedure
cash flow
bulk carriers
16. A portion - piece or segment of something that is representative of the whole.
return on investment
sample
consignment
Leveraged Buy-Out
17. When a company buys another one for more than the asset value the difference is called goodwill.
charity
portfolio
procedure
goodwill
18. 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.
acid test
EBIT
pallet
security
19. To make valid by approval - to establish the certainty of something.
co-operative
confirm
air cargo
market segmentation
20. Sales divided by total assets.
Leveraged Buy-Out
due diligence
just-in-time manufacturing
asset turnover
21. The characteristic of a measurement regarding how precise it is.
liner
stopover
unlimited liability
accuracy
22. A place for the reception - delivery - consolidation - distribution and storage of goods and cargo.
no-show
valid
warehouse
accounts payable
23. Ceiling-mounted camera used in stores and casinos etc to monitor customers.
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24. A process of verifying all information about a company including but not limited to financials - management - market share and risks.
lead-time
due diligence
equity financing
full containerships
25. Activities involved in protecting a country - building or person against danger or attack.
pallet
security
freight forwarder
liabilities
26. Officials formally appointed to run and represent a company.
officers of a company
ergonomics
economies of scale
share capital
27. Events which are beyond the control of a carrier like war - earthquakes or floods.
logistics
accounts payable
force majeure
bonded warehouse
28. When a company produces a product of a type they have not previously made.
diversification
analysis
first aid
market segmentation
29. A form of company which has a separate legal identity and limited liabilities.
internet privacy
barrel (BBL)
economies of scale
corporation
30. A rectangluar piece of luggage for carrying clothes.
turnaround
information privacy
goggles
suitcase
31. A person who is on the managing board of a business.
director
political privacy
benchmark
warehouse
32. The first time a company offers its shares to the public.
share
accommodation
IPO - Initial Public Offering
venture capitalist
33. Written description of how something should be done.
creativity
procedure
freight forwarder
trespassing
34. Business wholly owned by its employees with the emphasis on group decision making.
co-operative
equity financing
break bulk
inventory
35. Service taking cargo from a regional port or airport to a central hub for a long-haul voyage.
benchmark
ETA
feeder service
procedure
36. In a business plan this is the change in the cash balance.
unlimited liability
share
cash flow
accommodation
37. The times of highest demand for a product or service.
valve
peak times
injury
diversification
38. Positions customer's relative perceptions of one brand in comparison to other competitive alternatives.
brand recognition
stock exchange
peak times
ETA
39. Someone who acts as an agent on behalf of a shipper.
accounts receivable
rights violation
freight forwarder
hose
40. A moving belt you collect baggage from at the airport.
carousel
peak times
force majeure
accuracy
41. Ships fitted with tanks to carry liquid or gas cargoes.
breach of privacy
anonymity
security
tankers
42. The right to have your sexual orientation and practices remain secret.
political privacy
procedure
sexual privacy
hose
43. A vessel sailing between specific ports on a regular basis.
stakeholder
freighters
liner
portfolio
44. Bills to be paid as part of the normal course of business.
brand equity
accounts payable
intermodal transport
IPO - Initial Public Offering
45. A short statement describing the main objectives and aims of a business.
corporation
mission statement
goodwill
in transit
46. Metal rails along which a train travels.
goodwill
depreciation
track
benchmark
47. The right of owners of physical or intellectual property to consume - rent or sell their property.
property rights
freight forwarder
medical privacy
Clean Bill of Lading
48. A flexible tube used to transport liquids or gas.
mission statement
IPO - Initial Public Offering
diversification
hose
49. The right to have your political view kept secret.
political privacy
charity
just-in-time manufacturing
fire extinguisher
50. Ships especially designed for trucks to drive into them using internal ramps.
full containerships
Roll-on/Roll-off vessels
accuracy
positioning