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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. Protective helmet worn on building sites etc. to prevent injuries to the head.
SWOT analysis
surveillance
income statement
hard hat
2. The sale of part-ownership in a venture to gain additional capital for a start-up.
lead-time
equity financing
procedure
fork lift
3. Steps taken in advance to avoid an accident happening.
trespassing
precaution
entrepreneuer
track
4. An investment contributed at the early stages of a new venture.
trade secret
officers of a company
Ro/Ro
seed capital
5. The expected behaviour or standard for something.
supply chain
unlimited liability
norm
full containerships
6. Raised flat area beside a train track for entering or exiting a train.
hose
platform
fork lift
MTBF (Mean Time Between Failures)
7. Damage or hurt experienced by a person or animal.
Companies House
equity financing
injury
intermodal transport
8. When you allow someone to start a specific business by using your products in exchange for a part of his profits.
platform
franchise
Lloyds' Registry
brand recognition
9. Setting a high initial price for a product to create a price-quality idea which early adopters will happily accept.
due diligence
accuracy
Bill of Lading
skimming pricing strategy
10. The benefit of larger scale production where costs are spread over more units which lowers the average unit cost.
logistics
economies of scale
'eye in the sky' camera
mission statement
11. Protective eyewear worn when working with chemicals or dangerous machines.
freight forwarder
mission statement
charity
goggles
12. A defined segment of the market that a product is aimed at.
Companies House
target market
accounts payable
bulk cargo
13. To decide that an agreed appointment or booking will not take place.
cancel
bulk cargo
dividend
market segmentation
14. A process of verifying all information about a company including but not limited to financials - management - market share and risks.
discovery
due diligence
payroll
SWOT analysis
15. A delivery which is currently between its source and destination.
anonymity
break-even analysis
in transit
variable cost
16. A statisitical measure of how well a company is doing in a certain area.
norm
key performance indicator
brand equity
advice of shipment
17. The total value of all the outstanding shares of a publicly-traded company.
'eye in the sky' camera
target market
market capitalization
confirm
18. Forty-Foot Equivalent Units - a standard size for shipping containers.
FEU
possibilities
ETA
commission
19. Ships with permanent container cells with little or no space for other cargo types.
advice of shipment
sample
Ro/Ro
full containerships
20. Officials formally appointed to run and represent a company.
general cargo freighters
carrier
officers of a company
freedom of speech
21. Hospital department for people who suddenly become ill or are hurt in an accident.
equity financing
creativity
A & E (Accident & Emergency)
officers of a company
22. A voting system where each vote is kept private.
Bill of Lading
adaptive firm
trade secret
secret ballot
23. Part of the Bill of Rights which provides people with the right to be secure in their persons - houses - papers etc.
just-in-time manufacturing
marine insurance
limited liability
US Fourth Amendment
24. The amount of money of a company's profits that is distributed to its shareholders.
dividend
equity financing
charity
market penetration strategy
25. The year as used in accounting which can begin and end in any month as the company sees fit.
fuse
fiscal year
assets
warehouse
26. The right to have your sexual orientation and practices remain secret.
operating expenses
US Fourth Amendment
surveillance
sexual privacy
27. To unload and distribute some or all the contents of a rail car - container or trailer.
depreciation
CCTV (closed-circuit television)
break bulk
sample
28. Expenses arising during normal business operations.
ergonomics
life cycle
operating expenses
adaptive firm
29. A warehouse authorized by customs where goods are stored and no payment is required until the goods are removed.
electronic trail
trade secret
bonded warehouse
MTBF (Mean Time Between Failures)
30. The truck unit onto which freight in a container is loaded.
life cycle
valid
diversification
trailer
31. The relationship between technology and the legal right to privacy in the collection and sharing of data about oneself.
quality audit
penetration pricing strategy
trailer
information privacy
32. 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
accuracy
anonymity
peak times
33. Surveillance tools installed on a computer without the users' consent.
break-even analysis
spyware
franchise
freedom of speech
34. 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.
brand equity
force majeure
EBITDA
limited liability
35. Debts owed to a company usually from sales on credit.
in transit
accounts receivable
hard hat
best practice
36. Compensation paid to a person on the basis of products sold.
asset turnover
A & E (Accident & Emergency)
memorandum of association
commission
37. Duties or taxes imposed by the government on imported and exported goods.
fork lift
customs
assets
break-even analysis
38. The granting of power to perform various acts or duties.
just-in-time manufacturing
freight forwarder
depreciation
accreditation
39. Vessel designed to carry bulk cargo such as grain or ore.
diversification
bulk carriers
barrel (BBL)
entrepreneuer
40. A small hotel or private house that rents out rooms to sleep in - including breakfast - at reasonable prices.
director
brand equity
corporation
bed & breakfast
41. The examination and evaluation of something.
analysis
market penetration strategy
Companies House
Roll-on/Roll-off vessels
42. Insurance covering loss or damage of goods at sea.
survey
customs
marine insurance
financial privacy
43. A measure of the average time between failures in a system - the higher the amount - the more reliable the thing is.
stock exchange
procedure
operating expenses
MTBF (Mean Time Between Failures)
44. Cargo which is booked but does not arrive in time to be loaded onto a vessel.
sleeping partner
no-show
Bill of Lading
ergonomics
45. When all members of a group agree to support a decision even if they don't agree with it.
security
consensus
customs
possibilities
46. Goods which are shipped loose in the hold of a ship.
bulk cargo
quality audit
operating expenses
accuracy
47. The right to privacy and control of your information on the internet.
internet privacy
market penetration strategy
wake-up call
third party
48. The efforts to make a product seem different from rival products or even unique.
Bill of Lading
differentiation
share
quality audit
49. An organization able to respond to and address changes in a market - their environment or industry.
cash flow
adaptive firm
norm
force majeure
50. To make valid by approval - to establish the certainty of something.
fraud
property rights
piggyback
confirm