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Business English Test
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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. Monitoring of public places using video cameras.
warehouse
CCTV (closed-circuit television)
civil liberties
sample
2. A flexible tube used to transport liquids or gas.
fixed cost
equity financing
hose
feedback
3. A planned - temporary break in a journey - for instance to change planes.
asset turnover
spyware
stopover
TEU
4. Wages - salaries and other forms of employee compensation.
target market
fire extinguisher
accuracy
payroll
5. To make valid by approval - to establish the certainty of something.
confirm
MTBF (Mean Time Between Failures)
acid test
fiscal year
6. A wealthy person who invests in a start-up company.
discrimination
venture capitalist
bed & breakfast
director
7. An agreement that regulates the rights and obligations of shareholders.
deed of partnership
accounts receivable
anonymity
injury
8. A rectangluar piece of luggage for carrying clothes.
lead-time
portfolio
information privacy
suitcase
9. System where goods are produced as and when they are needed rather than producing items in advance and storing them in a warehouse.
just-in-time manufacturing
target market
feedback
entrepreneuer
10. Anyone who has an interest in the success of an organization - e.g. the owner - employees - shareholders.
ergonomics
Leveraged Buy-Out
logistics
stakeholder
11. Abbreviation for a standardized container - Twenty-foot equivalent unit.
consignment
logistics outsourcing
property rights
TEU
12. The times of highest demand for a product or service.
peak times
best practice
trade secret
key performance indicator
13. 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.
limited liability
brand recognition
sleeping partner
stock exchange
14. Steps taken in advance to avoid an accident happening.
brand recognition
customs
precaution
invention
15. The time which a seller needs to produce and deliver goods.
political privacy
information privacy
surveillance
lead-time
16. Surveillance tools installed on a computer without the users' consent.
officers of a company
EBIT
civil liberties
spyware
17. A place for the reception - delivery - consolidation - distribution and storage of goods and cargo.
FEU
Roll-on/Roll-off vessels
warehouse
full containerships
18. Information officially declared secret - such as classified documents or material that are available only to particular people.
precaution
classified information
TEU
invention
19. Setting a relatively low intitial price for a new product in order to win market share.
sexual privacy
deed of partnership
valid
penetration pricing strategy
20. Ships fitted with tanks to carry liquid or gas cargoes.
Clean Bill of Lading
marketing mix
tankers
acid test
21. A short statement describing the main objectives and aims of a business.
mission statement
MTBF (Mean Time Between Failures)
brand equity
liner
22. Things which are likely or feasible.
accounts payable
franchise
lead-time
possibilities
23. An investment contributed at the early stages of a new venture.
ETA
seed capital
break-even analysis
tankers
24. Someone who acts as an agent on behalf of a shipper.
piggyback
invention
freight forwarder
stock exchange
25. The right to have details of your financial transactions kept secret.
general cargo freighters
feeder service
IPO - Initial Public Offering
financial privacy
26. Compensation paid to a person on the basis of products sold.
SWOT analysis
commission
fire extinguisher
'eye in the sky' camera
27. The estimated loss of value of assets over a period of time.
depreciation
platform
cash flow
tankers
28. Protective eyewear worn when working with chemicals or dangerous machines.
break-even analysis
pallet
goggles
target market
29. The fraudulent use of someone's identity in order to steal money or get other benefits.
invention
identity theft
share
equity financing
30. One of the documents required by a firm to become a limited company.
US Fourth Amendment
valid
share capital
memorandum of association
31. When a company produces a product of a type they have not previously made.
diversification
market segmentation
liabilities
air cargo
32. When a company buys another one for more than the asset value the difference is called goodwill.
assets
fuse
goodwill
secret ballot
33. Setting a high initial price for a product to create a price-quality idea which early adopters will happily accept.
marketing mix
customs
portfolio
skimming pricing strategy
34. The monitoring or close observation of behaviour.
surveillance
warehouse
accounts receivable
invasion of privacy
35. In a business plan this is the change in the cash balance.
feedback
cash flow
freedom of speech
positioning
36. The ability to develop new ideas.
common stock
positioning
creativity
intermodal transport
37. A telephone call requested at a certain time to wake someone up.
commission
brand
wake-up call
economies of scale
38. A defined segment of the market that a product is aimed at.
platform
risk
'eye in the sky' camera
target market
39. Business wholly owned by its employees with the emphasis on group decision making.
creativity
asset turnover
trade secret
co-operative
40. Mechanical device controlling the flow of a gas or liquid in a system.
valve
diversification
property rights
positioning
41. A formal framework for identifying an organization's growth opportunities - strengths - weaknesses - opportunities and threats.
franchise
advice of shipment
SWOT analysis
skimming pricing strategy
42. The expected behaviour or standard for something.
share capital
life cycle
sample
norm
43. The benefit of larger scale production where costs are spread over more units which lowers the average unit cost.
economies of scale
sleeping partner
precaution
bulk cargo
44. Unfair treatment of a person or group based on prejudice.
fork lift
discrimination
injury
confirm
45. The possibility of suffering harm or loss; a danger.
trespassing
market penetration strategy
MTBF (Mean Time Between Failures)
risk
46. To unload and distribute some or all the contents of a rail car - container or trailer.
goodwill
break bulk
Companies House
positioning
47. A demanding or stimulating situation.
penetration pricing strategy
equity financing
stakeholder
challenge
48. Activities including product - method of distribution - method of advertising which all affect how a product is marketing.
marketing mix
ergonomics
brand
survey
49. Someone who invests in a business partnership without taking part in business affairs. Usually sleeping partners have limited liability.
just-in-time manufacturing
force majeure
sleeping partner
IPO - Initial Public Offering
50. 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.
barrel (BBL)
logistics outsourcing
limited liability
memorandum of association
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