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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. The state of remaining unknown to most other people.
logistics outsourcing
brand equity
anonymity
rights violation
2. A form of company which has a separate legal identity and limited liabilities.
variable cost
corporation
carousel
anonymity
3. A small hotel or private house that rents out rooms to sleep in - including breakfast - at reasonable prices.
full containerships
bed & breakfast
unlimited liability
break bulk
4. The first time a company offers its shares to the public.
trailer
third party
warehouse
IPO - Initial Public Offering
5. A demanding or stimulating situation.
adaptive firm
marketing mix
portfolio
challenge
6. When someone breaks your right to privacy.
accuracy
invasion of privacy
quality audit
creativity
7. Setting a relatively low intitial price for a new product in order to win market share.
penetration pricing strategy
rights violation
mission statement
positioning
8. An agreement that regulates the rights and obligations of shareholders.
force majeure
deed of partnership
logistics outsourcing
just-in-time manufacturing
9. When all members of a group agree to support a decision even if they don't agree with it.
injury
cash flow
consensus
intermodal transport
10. Device containing water - foam or powder used to put out a fire.
fire extinguisher
break-even analysis
common stock
due diligence
11. Someone who invests in a business partnership without taking part in business affairs. Usually sleeping partners have limited liability.
cash flow
sleeping partner
assets
Companies House
12. 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.
variable cost
key performance indicator
stock exchange
wake-up call
13. A formal framework for identifying an organization's growth opportunities - strengths - weaknesses - opportunities and threats.
CCTV (closed-circuit television)
depreciation
franchise
SWOT analysis
14. The monitoring or close observation of behaviour.
IPO - Initial Public Offering
fuse
surveillance
feedback
15. A delivery which is currently between its source and destination.
fraud
MTBF (Mean Time Between Failures)
in transit
assets
16. Cargo which is transported by plane.
Companies House
TEU
air cargo
financial privacy
17. Port where cargo enters a country and is unloaded.
Companies House
port of entry
limited liability
feedback
18. A non-profit making organization which exists to support and help a particular group.
charity
payroll
goggles
operating expenses
19. Cargo which is booked but does not arrive in time to be loaded onto a vessel.
limited liability
no-show
classified information
risk
20. One of the documents required by a firm to become a limited company.
intermodal transport
inventory
memorandum of association
commission
21. Earnings Before Interest and Taxes.
EBIT
pallet
brand equity
political privacy
22. Earnings Before Interest - Taxes - Depreciation and Amortization.
life cycle
EBITDA
bed & breakfast
adaptive firm
23. Mechanical device controlling the flow of a gas or liquid in a system.
valve
survey
accounts receivable
medical privacy
24. The possibility of suffering harm or loss; a danger.
risk
general cargo freighters
portfolio
depreciation
25. The purchase of a business based on the company's cash recipts and the belief positive cash flow will continue.
carousel
creativity
Leveraged Buy-Out
force majeure
26. A method recognised throughout a business sector as the best way to do something.
feeder service
best practice
skimming pricing strategy
assets
27. When a company produces a product of a type they have not previously made.
discovery
warehouse
diversification
intermodal transport
28. Unfair treatment of a person or group based on prejudice.
return on investment
discrimination
stakeholder
brand recognition
29. To decide that an agreed appointment or booking will not take place.
valve
cancel
stock exchange
first aid
30. Earnings which are reinvested in the company rather than paid out as dividends.
ergonomics
operating expenses
SWOT analysis
retained earnings
31. Written description of how something should be done.
deed of partnership
stock exchange
risk
procedure
32. Cargo ships not specialised in one type of cargo unlike a full containership.
share capital
general cargo freighters
Bill of Lading
fire extinguisher
33. A systematic - independent examination of whether a company's quality procedures are being followed and goals being achieved or not.
CCTV (closed-circuit television)
MTBF (Mean Time Between Failures)
fiscal year
quality audit
34. List of goods in a store or warehouse.
spyware
Ro/Ro
best practice
inventory
35. The right to have your political view kept secret.
goggles
TEU
political privacy
stakeholder
36. Series of questions designed to gather information on a certain topic.
CCTV (closed-circuit television)
survey
accommodation
full containerships
37. A warehouse authorized by customs where goods are stored and no payment is required until the goods are removed.
norm
goodwill
consignment
bonded warehouse
38. Ships especially designed for trucks to drive into them using internal ramps.
accuracy
Roll-on/Roll-off vessels
in transit
unlimited liability
39. Transportation method where truck trailers with their loads are moved by train to their destination.
benchmark
goodwill
piggyback
TEU
40. A statisitical measure of how well a company is doing in a certain area.
key performance indicator
track
share capital
dividend
41. Useable or acceptable.
variable cost
US Fourth Amendment
valid
economies of scale
42. Costs that fluctuate in direct relation to the volume of units produced.
information privacy
variable cost
feedback
IPO - Initial Public Offering
43. Documents used to procure freight and express transportation and services from commercial carriers.
Bill of Lading
peak times
inventory
brand recognition
44. Steps taken in advance to avoid an accident happening.
sexual privacy
deed of partnership
precaution
barrel (BBL)
45. A model depicting the sales curve of a product split into four stages - introduction - growth - maturity and decline.
life cycle
cash flow
discrimination
logistics
46. The examination and evaluation of something.
analysis
classified information
franchise
goggles
47. The benefit of larger scale production where costs are spread over more units which lowers the average unit cost.
bonded warehouse
analysis
economies of scale
liabilities
48. The fraudulent use of someone's identity in order to steal money or get other benefits.
medical privacy
electronic trail
co-operative
identity theft
49. The amount of money of a company's profits that is distributed to its shareholders.
injury
dividend
feeder service
ETA
50. Positions customer's relative perceptions of one brand in comparison to other competitive alternatives.
entrepreneuer
portfolio
brand recognition
air cargo