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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. Mechanical device controlling the flow of a gas or liquid in a system.
property rights
security
valve
share capital
2. 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.
internet privacy
adaptive firm
customs
acid test
3. A systematic - independent examination of whether a company's quality procedures are being followed and goals being achieved or not.
corporation
quality audit
fuse
procedure
4. A short description of a company's purpose in relation to customers - products - markets etc.
economies of scale
business mission
hard hat
co-operative
5. A telephone call requested at a certain time to wake someone up.
piggyback
classified information
wake-up call
fraud
6. The categorization of potential customers into groups based on common characteristics.
market segmentation
Roll-on/Roll-off vessels
valid
stakeholder
7. The science of making sure people and machines work together as well as possible.
ergonomics
rights violation
variable cost
accuracy
8. The fraudulent use of someone's identity in order to steal money or get other benefits.
peak times
identity theft
stopover
diversification
9. A response or reaction to a piece of information.
feedback
sample
breach of privacy
Bill of Lading
10. When a company produces a product of a type they have not previously made.
diversification
TEU
MTBF (Mean Time Between Failures)
confirm
11. Property that a business owns - including cash and receivables - inventory etc.
assets
differentiation
TEU
entrepreneuer
12. A warehouse authorized by customs where goods are stored and no payment is required until the goods are removed.
challenge
business mission
bonded warehouse
liner
13. A voting system where each vote is kept private.
fire extinguisher
secret ballot
benchmark
business mission
14. Sales divided by total assets.
asset turnover
benchmark
share
surveillance
15. The monitoring or close observation of behaviour.
surveillance
SWOT analysis
bonded warehouse
classified information
16. A standard used to compare some aspect of a business to an external measure.
benchmark
no-show
political privacy
brand
17. One of the documents required by a firm to become a limited company.
co-operative
freight forwarder
skimming pricing strategy
memorandum of association
18. Shortened form of Roll on/Roll off meaning a ship which trucks can drive straight onto without the need for cranes.
analysis
norm
Ro/Ro
carrier
19. Useable or acceptable.
break-even point
liabilities
valid
consignment
20. The year as used in accounting which can begin and end in any month as the company sees fit.
accounts receivable
fiscal year
A & E (Accident & Emergency)
logistics outsourcing
21. Earnings which are reinvested in the company rather than paid out as dividends.
consignment
retained earnings
economies of scale
accounts receivable
22. A formal framework for identifying an organization's growth opportunities - strengths - weaknesses - opportunities and threats.
differentiation
political privacy
EBIT
SWOT analysis
23. A person who is on the managing board of a business.
barrel (BBL)
best practice
director
piggyback
24. The possibility of suffering harm or loss; a danger.
risk
logistics
Companies House
accounts receivable
25. The right to have details of your financial transactions kept secret.
financial privacy
accommodation
key performance indicator
positioning
26. The organization that surveys and classifies ships for insurance companies.
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27. A wealthy person who invests in a start-up company.
venture capitalist
survey
hose
diversification
28. Ships with permanent container cells with little or no space for other cargo types.
logistics
liabilities
full containerships
pallet
29. Someone who starts a new business venture often involving innovation and risk taking.
break bulk
entrepreneuer
full containerships
fixed cost
30. Cargo which is booked but does not arrive in time to be loaded onto a vessel.
trespassing
tankers
goggles
no-show
31. Letting a third-party company take care of your logistics for you.
market segmentation
logistics outsourcing
freighters
feedback
32. The relationship between technology and the legal right to privacy in the collection and sharing of data about oneself.
hard hat
target market
seed capital
information privacy
33. The time it takes between the arrival of a vessel or aircraft and its departure.
brand
information privacy
differentiation
turnaround
34. Ships fitted with tanks to carry liquid or gas cargoes.
discovery
dividend
tankers
customs
35. A model depicting the sales curve of a product split into four stages - introduction - growth - maturity and decline.
sexual privacy
life cycle
US Fourth Amendment
market segmentation
36. When all members of a group agree to support a decision even if they don't agree with it.
possibilities
consensus
memorandum of association
discovery
37. A vessel sailing between specific ports on a regular basis.
liner
carousel
Companies House
differentiation
38. The added value a brand name identity brings to a product or service.
platform
brand equity
penetration pricing strategy
logistics outsourcing
39. Bills to be paid as part of the normal course of business.
accounts payable
fixed cost
fire extinguisher
hard hat
40. Officials formally appointed to run and represent a company.
commission
fixed cost
break bulk
officers of a company
41. Shaping a companies' offering and image to occupy a unique and valued place in the customer's mind.
consensus
positioning
life cycle
inventory
42. A small hotel or private house that rents out rooms to sleep in - including breakfast - at reasonable prices.
bed & breakfast
sleeping partner
market segmentation
FEU
43. A notice to a buyer that shipment has gone forward which contains details of packing - routing etc.
advice of shipment
business mission
TEU
limited liability
44. Someone who invests in a business partnership without taking part in business affairs. Usually sleeping partners have limited liability.
penetration pricing strategy
return on investment
track
sleeping partner
45. Ships especially designed for trucks to drive into them using internal ramps.
Companies House
information privacy
Roll-on/Roll-off vessels
franchise
46. Written description of how something should be done.
medical privacy
US Fourth Amendment
procedure
consignment
47. Port where cargo enters a country and is unloaded.
port of entry
wake-up call
accounts receivable
market capitalization
48. Series of questions designed to gather information on a certain topic.
identity theft
MTBF (Mean Time Between Failures)
survey
information privacy
49. Protective helmet worn on building sites etc. to prevent injuries to the head.
hard hat
fiscal year
internet privacy
liabilities
50. Wages - salaries and other forms of employee compensation.
income statement
peak times
pallet
payroll