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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. Compensation paid to a person on the basis of products sold.
skimming pricing strategy
analysis
diversification
commission
2. A government office which registers information on every company on the British market and circulates them to stakeholders.
officers of a company
Companies House
payroll
confirm
3. Estimated Time of Arrival.
stalking
analysis
ETA
depreciation
4. A response or reaction to a piece of information.
injury
barrel (BBL)
market segmentation
feedback
5. Setting a high initial price for a product to create a price-quality idea which early adopters will happily accept.
skimming pricing strategy
life cycle
due diligence
electronic trail
6. The obsessive following - observing or contacting of another person.
bulk carriers
stalking
sleeping partner
classified information
7. Initial medical attention given to someone in the event of an accident or sudden illness.
challenge
Clean Bill of Lading
first aid
Bill of Lading
8. Steps taken in advance to avoid an accident happening.
precaution
IPO - Initial Public Offering
bonded warehouse
fixed cost
9. Shortened form of Roll on/Roll off meaning a ship which trucks can drive straight onto without the need for cranes.
political privacy
risk
Ro/Ro
carrier
10. A method recognised throughout a business sector as the best way to do something.
brand recognition
SWOT analysis
fuse
best practice
11. The examination and evaluation of something.
entrepreneuer
analysis
director
accuracy
12. The complete range of a company's offerings including products and services.
portfolio
accommodation
assets
breach of privacy
13. Earnings Before Interest and Taxes.
EBIT
cancel
political privacy
carousel
14. Debts owed to a company usually from sales on credit.
accounts receivable
fixed cost
goggles
financial privacy
15. A delivery which is currently between its source and destination.
in transit
procedure
valve
advice of shipment
16. A flexible tube used to transport liquids or gas.
logistics outsourcing
liabilities
hose
breach of privacy
17. Series of questions designed to gather information on a certain topic.
marketing mix
brand equity
best practice
survey
18. In a business plan this is the change in the cash balance.
cancel
hose
ETA
cash flow
19. The sale of part-ownership in a venture to gain additional capital for a start-up.
fuse
quality audit
accreditation
equity financing
20. 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.
consensus
limited liability
quality audit
EBITDA
21. Usually wooden base used for moving or storing stacked goods.
brand
pallet
fuse
hard hat
22. Fundamental human rights usually protected by law such as freedom of speech and religion.
civil liberties
benchmark
consensus
freight forwarder
23. The first time a company offers its shares to the public.
surveillance
IPO - Initial Public Offering
income statement
valve
24. Abbreviation for a standardized container - Twenty-foot equivalent unit.
benchmark
TEU
no-show
stalking
25. The categorization of potential customers into groups based on common characteristics.
consensus
market segmentation
accommodation
surveillance
26. A non-profit making organization which exists to support and help a particular group.
internet privacy
entrepreneuer
survey
charity
27. Ships with permanent container cells with little or no space for other cargo types.
CCTV (closed-circuit television)
market segmentation
full containerships
franchise
28. Information officially declared secret - such as classified documents or material that are available only to particular people.
classified information
first aid
equity financing
confirm
29. Events which are beyond the control of a carrier like war - earthquakes or floods.
force majeure
invention
feedback
EBIT
30. A defined segment of the market that a product is aimed at.
target market
surveillance
peak times
secret ballot
31. General term for ships designed to carry cargo rather than passengers.
freighters
peak times
procedure
economies of scale
32. Insurance covering loss or damage of goods at sea.
A & E (Accident & Emergency)
best practice
marine insurance
adaptive firm
33. Setting a relatively low intitial price for a new product in order to win market share.
penetration pricing strategy
assets
variable cost
norm
34. A moving belt you collect baggage from at the airport.
carrier
force majeure
warehouse
carousel
35. Finding out or ascertaining something previously unknown.
IPO - Initial Public Offering
security
business mission
discovery
36. The right to have your sexual orientation and practices remain secret.
limited liability
fork lift
supply chain
sexual privacy
37. Goods which are shipped loose in the hold of a ship.
air cargo
common stock
logistics outsourcing
bulk cargo
38. Business wholly owned by its employees with the emphasis on group decision making.
Leveraged Buy-Out
trade secret
freedom of speech
co-operative
39. The idea that anything you tell your doctor will remain confidential.
dividend
financial privacy
medical privacy
diversification
40. The possibility of suffering harm or loss; a danger.
risk
classified information
accommodation
Leveraged Buy-Out
41. Cargo ships not specialised in one type of cargo unlike a full containership.
positioning
FEU
general cargo freighters
common stock
42. Things which are likely or feasible.
assets
possibilities
logistics
return on investment
43. The amount of money of a company's profits that is distributed to its shareholders.
CCTV (closed-circuit television)
sleeping partner
dividend
quality audit
44. System where goods are produced as and when they are needed rather than producing items in advance and storing them in a warehouse.
quality audit
franchise
just-in-time manufacturing
retained earnings
45. The granting of power to perform various acts or duties.
accuracy
IPO - Initial Public Offering
accreditation
intermodal transport
46. Vessel designed to carry bulk cargo such as grain or ore.
share
break bulk
franchise
bulk carriers
47. Written description of how something should be done.
best practice
market penetration strategy
entrepreneuer
procedure
48. Metal rails along which a train travels.
track
cash flow
anonymity
challenge
49. Duties or taxes imposed by the government on imported and exported goods.
quality audit
just-in-time manufacturing
logistics outsourcing
customs
50. A piece of information - for example how a certain product is made - which is only known to the company that makes it.
trade secret
warehouse
IPO - Initial Public Offering
charity