Test your basic knowledge |

Business English Test

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. Usually wooden base used for moving or storing stacked goods.






2. General term for ships designed to carry cargo rather than passengers.






3. A small hotel or private house that rents out rooms to sleep in - including breakfast - at reasonable prices.






4. Metal rails along which a train travels.






5. Port where cargo enters a country and is unloaded.






6. Earnings Before Interest - Taxes - Depreciation and Amortization.






7. Initial medical attention given to someone in the event of an accident or sudden illness.






8. Documents used to procure freight and express transportation and services from commercial carriers.






9. The truck unit onto which freight in a container is loaded.






10. The time it takes between the arrival of a vessel or aircraft and its departure.






11. A technique used to assess expected profitability of a company or single product.






12. A marketing strategy where a company tries to gain greater dominance in a market - for example - by offering special prices.






13. The added value a brand name identity brings to a product or service.






14. Abbreviation for a standardized container - Twenty-foot equivalent unit.






15. Mechanical device controlling the flow of a gas or liquid in a system.






16. A company that moves goods or passengers from one place to another.






17. The expected behaviour or standard for something.






18. Ships with permanent container cells with little or no space for other cargo types.






19. Service taking cargo from a regional port or airport to a central hub for a long-haul voyage.






20. A place to live - work - stay in : rented/temporary/furnished accommodation.






21. When you allow someone to start a specific business by using your products in exchange for a part of his profits.






22. Setting a relatively low intitial price for a new product in order to win market share.






23. A notice to a buyer that shipment has gone forward which contains details of packing - routing etc.






24. Forty-Foot Equivalent Units - a standard size for shipping containers.






25. The system of technology - people - organizations etc involved in moving services or products from supplier to customer.






26. Earnings which are reinvested in the company rather than paid out as dividends.






27. A place for the reception - delivery - consolidation - distribution and storage of goods and cargo.






28. Steps taken in advance to avoid an accident happening.






29. The point in units sold or sales amount when the expenses will be matched.






30. A vessel sailing between specific ports on a regular basis.






31. A process of verifying all information about a company including but not limited to financials - management - market share and risks.






32. Cargo which is transported by plane.






33. The sale of part-ownership in a venture to gain additional capital for a start-up.






34. A financial statement showing sales - cost of sales - gross margin - operating expenses etc.






35. The ability to develop new ideas.






36. The purchase of a business based on the company's cash recipts and the belief positive cash flow will continue.






37. An invasion of someone's private life without due cause.






38. Ceiling-mounted camera used in stores and casinos etc to monitor customers.

Warning: Invalid argument supplied for foreach() in /var/www/html/basicversity.com/show_quiz.php on line 183


39. Fundamental human rights usually protected by law such as freedom of speech and religion.






40. Positions customer's relative perceptions of one brand in comparison to other competitive alternatives.






41. A measure of the average time between failures in a system - the higher the amount - the more reliable the thing is.






42. Device which breaks to stop the flow of current in the event of an overload.






43. The possibility of suffering harm or loss; a danger.






44. Setting a high initial price for a product to create a price-quality idea which early adopters will happily accept.






45. When a company buys another one for more than the asset value the difference is called goodwill.






46. The efforts to make a product seem different from rival products or even unique.






47. 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.






48. A model depicting the sales curve of a product split into four stages - introduction - growth - maturity and decline.






49. A demanding or stimulating situation.






50. Events which are beyond the control of a carrier like war - earthquakes or floods.