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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. A short description of a company's purpose in relation to customers - products - markets etc.
Clean Bill of Lading
commission
business mission
Lloyds' Registry
2. Events which are beyond the control of a carrier like war - earthquakes or floods.
wake-up call
electronic trail
force majeure
brand equity
3. 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.
break-even point
acid test
inventory
memorandum of association
4. Ceiling-mounted camera used in stores and casinos etc to monitor customers.
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5. A voting system where each vote is kept private.
freighters
precaution
secret ballot
accounts payable
6. When a company produces a product of a type they have not previously made.
diversification
business mission
benchmark
full containerships
7. A model depicting the sales curve of a product split into four stages - introduction - growth - maturity and decline.
Roll-on/Roll-off vessels
accounts receivable
life cycle
secret ballot
8. Expenses for a company which do not change based on production or sales levels.
security
fixed cost
bulk carriers
sample
9. Monitoring of public places using video cameras.
target market
bulk cargo
lead-time
CCTV (closed-circuit television)
10. Protective eyewear worn when working with chemicals or dangerous machines.
CCTV (closed-circuit television)
deed of partnership
goggles
invasion of privacy
11. Anyone who has an interest in the success of an organization - e.g. the owner - employees - shareholders.
freighters
return on investment
stakeholder
penetration pricing strategy
12. The right to have details of your financial transactions kept secret.
air cargo
precaution
financial privacy
force majeure
13. The science of making sure people and machines work together as well as possible.
charity
operating expenses
analysis
ergonomics
14. Metal rails along which a train travels.
skimming pricing strategy
hard hat
track
property rights
15. A form of corporate equity ownership giving voting rights.
business mission
share
common stock
stock exchange
16. Setting a relatively low intitial price for a new product in order to win market share.
survey
hose
penetration pricing strategy
director
17. 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.
limited liability
inventory
return on investment
full containerships
18. A document representing one unit of ownership in a corporation - mutual fund or limited partnership.
return on investment
share
Roll-on/Roll-off vessels
CCTV (closed-circuit television)
19. The granting of power to perform various acts or duties.
invasion of privacy
valid
adaptive firm
accreditation
20. The ability to develop new ideas.
portfolio
customs
creativity
accounts payable
21. Officials formally appointed to run and represent a company.
deed of partnership
possibilities
Clean Bill of Lading
officers of a company
22. Abbreviation for a standardized container - Twenty-foot equivalent unit.
equity financing
TEU
freight forwarder
sleeping partner
23. A response or reaction to a piece of information.
feedback
security
economies of scale
procedure
24. The time which a seller needs to produce and deliver goods.
liner
wake-up call
lead-time
risk
25. The added value a brand name identity brings to a product or service.
deed of partnership
market segmentation
bulk cargo
brand equity
26. The idea that anything you tell your doctor will remain confidential.
deed of partnership
medical privacy
force majeure
creativity
27. The sale of part-ownership in a venture to gain additional capital for a start-up.
EBIT
fire extinguisher
equity financing
first aid
28. Expenses arising during normal business operations.
trespassing
creativity
operating expenses
Companies House
29. Mechanical device controlling the flow of a gas or liquid in a system.
financial privacy
valve
return on investment
brand equity
30. A formal framework for identifying an organization's growth opportunities - strengths - weaknesses - opportunities and threats.
secret ballot
SWOT analysis
wake-up call
surveillance
31. Activities involved in protecting a country - building or person against danger or attack.
security
equity financing
consignment
brand recognition
32. Port where cargo enters a country and is unloaded.
differentiation
secret ballot
port of entry
cancel
33. Letting a third-party company take care of your logistics for you.
break-even point
Ro/Ro
supply chain
logistics outsourcing
34. An organization able to respond to and address changes in a market - their environment or industry.
challenge
internet privacy
EBITDA
adaptive firm
35. The point in units sold or sales amount when the expenses will be matched.
Bill of Lading
break-even point
common stock
business mission
36. A new scientific or technical idea.
spyware
fork lift
business mission
invention
37. The crime of deceiving someone to get money or good illegally.
portfolio
internet privacy
Lloyds' Registry
fraud
38. The total value of the money invested into a company by its shareholders.
hose
retained earnings
SWOT analysis
share capital
39. A portion - piece or segment of something that is representative of the whole.
sample
TEU
injury
turnaround
40. A form of company which has a separate legal identity and limited liabilities.
benchmark
retained earnings
corporation
'eye in the sky' camera
41. A standard used to compare some aspect of a business to an external measure.
injury
entrepreneuer
in transit
benchmark
42. Business wholly owned by its employees with the emphasis on group decision making.
co-operative
warehouse
income statement
valve
43. The complete range of a company's offerings including products and services.
full containerships
asset turnover
portfolio
advice of shipment
44. The fraudulent use of someone's identity in order to steal money or get other benefits.
analysis
SWOT analysis
challenge
identity theft
45. Net profits divided by net worth or total equity.
brand recognition
carrier
return on investment
feeder service
46. Written description of how something should be done.
retained earnings
procedure
carousel
economies of scale
47. The first time a company offers its shares to the public.
anonymity
operating expenses
due diligence
IPO - Initial Public Offering
48. A systematic - independent examination of whether a company's quality procedures are being followed and goals being achieved or not.
differentiation
bed & breakfast
break bulk
quality audit
49. Unfair treatment of a person or group based on prejudice.
best practice
discrimination
trespassing
equity financing
50. Duties or taxes imposed by the government on imported and exported goods.
customs
feedback
risk
payroll