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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. In a business plan this is the change in the cash balance.
tankers
cash flow
barrel (BBL)
break-even point
2. Earnings Before Interest - Taxes - Depreciation and Amortization.
peak times
medical privacy
EBITDA
confirm
3. A demanding or stimulating situation.
acid test
challenge
mission statement
brand recognition
4. The amount of money of a company's profits that is distributed to its shareholders.
stakeholder
freight forwarder
dividend
confirm
5. Electronic records of phone calls - bank transactions etc which paint a picture of what a person did - where and when.
invention
electronic trail
depreciation
freedom of speech
6. Expenses arising during normal business operations.
operating expenses
information privacy
Lloyds' Registry
electronic trail
7. A moving belt you collect baggage from at the airport.
carousel
portfolio
IPO - Initial Public Offering
share capital
8. A small hotel or private house that rents out rooms to sleep in - including breakfast - at reasonable prices.
warehouse
due diligence
bed & breakfast
intermodal transport
9. When a company buys another one for more than the asset value the difference is called goodwill.
goodwill
no-show
rights violation
cancel
10. Ships fitted with tanks to carry liquid or gas cargoes.
precaution
stakeholder
accounts receivable
tankers
11. To make valid by approval - to establish the certainty of something.
unlimited liability
valve
identity theft
confirm
12. A voting system where each vote is kept private.
unlimited liability
barrel (BBL)
secret ballot
track
13. A name - term - sign - symbol - design or combination of these used to uniquely identify a producer's goods.
breach of privacy
adaptive firm
brand
injury
14. A place for the reception - delivery - consolidation - distribution and storage of goods and cargo.
air cargo
warehouse
electronic trail
freedom of speech
15. When you allow someone to start a specific business by using your products in exchange for a part of his profits.
internet privacy
deed of partnership
fuse
franchise
16. A delivery which is currently between its source and destination.
port of entry
payroll
trailer
in transit
17. A piece of information - for example how a certain product is made - which is only known to the company that makes it.
trade secret
market capitalization
pallet
consensus
18. A person who is involved in a situation in addition to the two main participants.
carousel
trespassing
third party
income statement
19. Initial medical attention given to someone in the event of an accident or sudden illness.
first aid
penetration pricing strategy
differentiation
unlimited liability
20. A method recognised throughout a business sector as the best way to do something.
identity theft
best practice
life cycle
security
21. Wages - salaries and other forms of employee compensation.
classified information
payroll
information privacy
target market
22. The complete range of a company's offerings including products and services.
rights violation
portfolio
market capitalization
Leveraged Buy-Out
23. Raised flat area beside a train track for entering or exiting a train.
stakeholder
information privacy
turnaround
platform
24. System where goods are produced as and when they are needed rather than producing items in advance and storing them in a warehouse.
bulk cargo
Leveraged Buy-Out
air cargo
just-in-time manufacturing
25. Estimated Time of Arrival.
hose
ETA
stock exchange
assets
26. Someone who starts a new business venture often involving innovation and risk taking.
identity theft
entrepreneuer
accounts receivable
Clean Bill of Lading
27. A formal framework for identifying an organization's growth opportunities - strengths - weaknesses - opportunities and threats.
discovery
FEU
electronic trail
SWOT analysis
28. Protective helmet worn on building sites etc. to prevent injuries to the head.
business mission
freight forwarder
hard hat
fire extinguisher
29. A systematic - independent examination of whether a company's quality procedures are being followed and goals being achieved or not.
target market
break bulk
accounts payable
quality audit
30. Service taking cargo from a regional port or airport to a central hub for a long-haul voyage.
feeder service
norm
property rights
customs
31. Entering land or property without permission from the owner or the right to enter.
accounts receivable
wake-up call
liabilities
trespassing
32. A short statement describing the main objectives and aims of a business.
Leveraged Buy-Out
'eye in the sky' camera
mission statement
life cycle
33. Compensation paid to a person on the basis of products sold.
commission
FEU
consensus
marketing mix
34. Abbreviation for a standardized container - Twenty-foot equivalent unit.
precaution
limited liability
stakeholder
TEU
35. Transporting something using different means of transport - e.g. first on a truck and then on a ship.
fire extinguisher
IPO - Initial Public Offering
seed capital
intermodal transport
36. When someone breaks your right to privacy.
breach of privacy
stalking
invasion of privacy
commission
37. Expenses for a company which do not change based on production or sales levels.
just-in-time manufacturing
fixed cost
sexual privacy
return on investment
38. A warehouse authorized by customs where goods are stored and no payment is required until the goods are removed.
platform
bonded warehouse
carrier
first aid
39. Goods which are shipped loose in the hold of a ship.
carousel
benchmark
bulk cargo
Lloyds' Registry
40. An agreement that regulates the rights and obligations of shareholders.
depreciation
no-show
barrel (BBL)
deed of partnership
41. Positions customer's relative perceptions of one brand in comparison to other competitive alternatives.
adaptive firm
unlimited liability
positioning
brand recognition
42. Protective eyewear worn when working with chemicals or dangerous machines.
goggles
no-show
norm
risk
43. The expected behaviour or standard for something.
piggyback
business mission
accounts payable
norm
44. Setting a high initial price for a product to create a price-quality idea which early adopters will happily accept.
market segmentation
accounts receivable
business mission
skimming pricing strategy
45. A unit of measure for liquids equivalent to 42 gallons.
due diligence
barrel (BBL)
possibilities
property rights
46. The planning - implementation and control of flow and storage of goods.
challenge
logistics
deed of partnership
surveillance
47. A telephone call requested at a certain time to wake someone up.
accounts receivable
Clean Bill of Lading
return on investment
wake-up call
48. Device containing water - foam or powder used to put out a fire.
fire extinguisher
warehouse
market segmentation
surveillance
49. Forty-Foot Equivalent Units - a standard size for shipping containers.
FEU
limited liability
A & E (Accident & Emergency)
marine insurance
50. Someone who acts as an agent on behalf of a shipper.
security
target market
freight forwarder
stalking