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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 warehouse authorized by customs where goods are stored and no payment is required until the goods are removed.
freighters
variable cost
income statement
bonded warehouse
2. The right to say what you want without anyone stopping you.
risk
asset turnover
bulk carriers
freedom of speech
3. Protective eyewear worn when working with chemicals or dangerous machines.
share
goggles
asset turnover
return on investment
4. Transportation method where truck trailers with their loads are moved by train to their destination.
piggyback
feedback
director
fire extinguisher
5. A place for the reception - delivery - consolidation - distribution and storage of goods and cargo.
warehouse
corporation
carousel
bonded warehouse
6. Entering land or property without permission from the owner or the right to enter.
break-even analysis
trespassing
possibilities
intermodal transport
7. Surveillance tools installed on a computer without the users' consent.
cash flow
goodwill
breach of privacy
spyware
8. A new scientific or technical idea.
penetration pricing strategy
cash flow
invention
feedback
9. When someone breaks your right to privacy.
barrel (BBL)
operating expenses
venture capitalist
invasion of privacy
10. Sales divided by total assets.
challenge
asset turnover
mission statement
property rights
11. Officials formally appointed to run and represent a company.
security
discovery
officers of a company
entrepreneuer
12. Positions customer's relative perceptions of one brand in comparison to other competitive alternatives.
valve
best practice
brand recognition
IPO - Initial Public Offering
13. Someone who acts as an agent on behalf of a shipper.
pallet
valve
freight forwarder
precaution
14. A vessel sailing between specific ports on a regular basis.
consignment
liner
valve
return on investment
15. 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.
due diligence
freighters
marine insurance
stock exchange
16. A formal framework for identifying an organization's growth opportunities - strengths - weaknesses - opportunities and threats.
income statement
SWOT analysis
skimming pricing strategy
ETA
17. The examination and evaluation of something.
freedom of speech
security
analysis
stopover
18. The characteristic of a measurement regarding how precise it is.
goodwill
limited liability
accuracy
franchise
19. The categorization of potential customers into groups based on common characteristics.
political privacy
quality audit
market segmentation
precaution
20. To make valid by approval - to establish the certainty of something.
electronic trail
trespassing
marine insurance
confirm
21. When a company buys another one for more than the asset value the difference is called goodwill.
adaptive firm
goodwill
hard hat
memorandum of association
22. Compensation paid to a person on the basis of products sold.
spyware
payroll
commission
first aid
23. The science of making sure people and machines work together as well as possible.
common stock
ergonomics
challenge
spyware
24. In a business plan this is the change in the cash balance.
freedom of speech
discrimination
Roll-on/Roll-off vessels
cash flow
25. Setting a high initial price for a product to create a price-quality idea which early adopters will happily accept.
break-even analysis
logistics outsourcing
bonded warehouse
skimming pricing strategy
26. The right to have your sexual orientation and practices remain secret.
sexual privacy
just-in-time manufacturing
business mission
stock exchange
27. 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
secret ballot
surveillance
liner
28. A model depicting the sales curve of a product split into four stages - introduction - growth - maturity and decline.
lead-time
return on investment
life cycle
charity
29. The complete range of a company's offerings including products and services.
portfolio
common stock
accuracy
key performance indicator
30. A form of corporate equity ownership giving voting rights.
air cargo
internet privacy
common stock
intermodal transport
31. Shortened form of Roll on/Roll off meaning a ship which trucks can drive straight onto without the need for cranes.
sample
Ro/Ro
marine insurance
invention
32. Cargo which is transported by plane.
bed & breakfast
mission statement
marine insurance
air cargo
33. The right to privacy and control of your information on the internet.
fixed cost
common stock
pallet
internet privacy
34. The ability to develop new ideas.
creativity
goodwill
accuracy
internet privacy
35. A company where the owners are personally liable for the debts of the company.
unlimited liability
marketing mix
quality audit
discrimination
36. Expenses arising during normal business operations.
creativity
stakeholder
A & E (Accident & Emergency)
operating expenses
37. The expected behaviour or standard for something.
norm
procedure
pallet
assets
38. The fraudulent use of someone's identity in order to steal money or get other benefits.
discrimination
information privacy
no-show
identity theft
39. The estimated loss of value of assets over a period of time.
depreciation
survey
analysis
CCTV (closed-circuit television)
40. The right of owners of physical or intellectual property to consume - rent or sell their property.
benchmark
property rights
retained earnings
feeder service
41. The state of remaining unknown to most other people.
anonymity
consensus
market penetration strategy
identity theft
42. Expenses for a company which do not change based on production or sales levels.
track
force majeure
fixed cost
business mission
43. The purchase of a business based on the company's cash recipts and the belief positive cash flow will continue.
Leveraged Buy-Out
stopover
creativity
feeder service
44. Cargo ships not specialised in one type of cargo unlike a full containership.
cancel
acid test
consignment
general cargo freighters
45. The added value a brand name identity brings to a product or service.
invasion of privacy
differentiation
fire extinguisher
brand equity
46. The truck unit onto which freight in a container is loaded.
trailer
political privacy
valve
tankers
47. Business wholly owned by its employees with the emphasis on group decision making.
warehouse
bulk carriers
co-operative
goodwill
48. A technique used to assess expected profitability of a company or single product.
break-even analysis
breach of privacy
bulk cargo
financial privacy
49. A receipt for goods issued by a carrier indicated that goods were received without damage or irregularities.
best practice
fork lift
Clean Bill of Lading
challenge
50. A process of verifying all information about a company including but not limited to financials - management - market share and risks.
adaptive firm
full containerships
director
due diligence