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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 voting system where each vote is kept private.
goodwill
secret ballot
invasion of privacy
brand
2. The estimated loss of value of assets over a period of time.
depreciation
in transit
break-even analysis
life cycle
3. Wages - salaries and other forms of employee compensation.
unlimited liability
consignment
payroll
quality audit
4. Activities involved in protecting a country - building or person against danger or attack.
corporation
unlimited liability
trade secret
security
5. A standard used to compare some aspect of a business to an external measure.
benchmark
skimming pricing strategy
goodwill
diversification
6. A demanding or stimulating situation.
classified information
confirm
political privacy
challenge
7. A shipment of goods to a consignee.
sleeping partner
consignment
feeder service
venture capitalist
8. The added value a brand name identity brings to a product or service.
Bill of Lading
brand equity
civil liberties
third party
9. A form of corporate equity ownership giving voting rights.
common stock
intermodal transport
key performance indicator
third party
10. Series of questions designed to gather information on a certain topic.
customs
challenge
break-even analysis
survey
11. The expected behaviour or standard for something.
common stock
entrepreneuer
norm
surveillance
12. A short description of a company's purpose in relation to customers - products - markets etc.
payroll
identity theft
break-even point
business mission
13. A marketing strategy where a company tries to gain greater dominance in a market - for example - by offering special prices.
key performance indicator
market penetration strategy
skimming pricing strategy
medical privacy
14. Fundamental human rights usually protected by law such as freedom of speech and religion.
civil liberties
invention
Ro/Ro
confirm
15. The right to have your sexual orientation and practices remain secret.
marketing mix
sexual privacy
diversification
director
16. A model depicting the sales curve of a product split into four stages - introduction - growth - maturity and decline.
life cycle
benchmark
third party
share capital
17. The right of owners of physical or intellectual property to consume - rent or sell their property.
invasion of privacy
property rights
rights violation
general cargo freighters
18. The efforts to make a product seem different from rival products or even unique.
diversification
differentiation
marine insurance
freight forwarder
19. The science of making sure people and machines work together as well as possible.
invention
ergonomics
information privacy
security
20. 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.
stock exchange
retained earnings
unlimited liability
EBIT
21. A formal framework for identifying an organization's growth opportunities - strengths - weaknesses - opportunities and threats.
carrier
SWOT analysis
possibilities
pallet
22. A company that moves goods or passengers from one place to another.
carrier
consensus
equity financing
venture capitalist
23. Transporting something using different means of transport - e.g. first on a truck and then on a ship.
entrepreneuer
unlimited liability
share capital
intermodal transport
24. Business wholly owned by its employees with the emphasis on group decision making.
deed of partnership
unlimited liability
goodwill
co-operative
25. An agreement that regulates the rights and obligations of shareholders.
discrimination
deed of partnership
market capitalization
unlimited liability
26. Forty-Foot Equivalent Units - a standard size for shipping containers.
positioning
Roll-on/Roll-off vessels
depreciation
FEU
27. The possibility of suffering harm or loss; a danger.
risk
liner
operating expenses
return on investment
28. Sales divided by total assets.
asset turnover
consensus
valve
A & E (Accident & Emergency)
29. The right to say what you want without anyone stopping you.
spyware
freedom of speech
business mission
ETA
30. A systematic - independent examination of whether a company's quality procedures are being followed and goals being achieved or not.
payroll
Clean Bill of Lading
marine insurance
quality audit
31. A document representing one unit of ownership in a corporation - mutual fund or limited partnership.
trade secret
valve
share
business mission
32. A government office which registers information on every company on the British market and circulates them to stakeholders.
in transit
Companies House
just-in-time manufacturing
valve
33. The examination and evaluation of something.
political privacy
carrier
analysis
lead-time
34. Ships especially designed for trucks to drive into them using internal ramps.
sample
penetration pricing strategy
Roll-on/Roll-off vessels
freedom of speech
35. Positions customer's relative perceptions of one brand in comparison to other competitive alternatives.
stalking
brand recognition
target market
anonymity
36. Useable or acceptable.
valid
warehouse
commission
invention
37. A statisitical measure of how well a company is doing in a certain area.
key performance indicator
freight forwarder
break bulk
limited liability
38. A response or reaction to a piece of information.
due diligence
feedback
portfolio
norm
39. The year as used in accounting which can begin and end in any month as the company sees fit.
fiscal year
confirm
Lloyds' Registry
'eye in the sky' camera
40. The sale of part-ownership in a venture to gain additional capital for a start-up.
equity financing
precaution
acid test
director
41. Duties or taxes imposed by the government on imported and exported goods.
brand
variable cost
return on investment
customs
42. A company where the owners are personally liable for the debts of the company.
co-operative
security
civil liberties
unlimited liability
43. Service taking cargo from a regional port or airport to a central hub for a long-haul voyage.
feeder service
valid
analysis
fork lift
44. Ships fitted with tanks to carry liquid or gas cargoes.
security
TEU
tankers
rights violation
45. A portion - piece or segment of something that is representative of the whole.
sample
fixed cost
share capital
co-operative
46. Net profits divided by net worth or total equity.
common stock
liabilities
return on investment
challenge
47. The complete range of a company's offerings including products and services.
fire extinguisher
portfolio
common stock
feeder service
48. A short statement describing the main objectives and aims of a business.
market penetration strategy
mission statement
trespassing
dividend
49. A technique used to assess expected profitability of a company or single product.
analysis
in transit
break-even analysis
civil liberties
50. Setting a relatively low intitial price for a new product in order to win market share.
break bulk
invasion of privacy
just-in-time manufacturing
penetration pricing strategy