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Test your basic knowledge |
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. The first time a company offers its shares to the public.
internet privacy
first aid
break bulk
IPO - Initial Public Offering
2. A voting system where each vote is kept private.
secret ballot
accounts receivable
norm
Leveraged Buy-Out
3. The organization that surveys and classifies ships for insurance companies.
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4. Written description of how something should be done.
procedure
penetration pricing strategy
charity
bulk carriers
5. Bills to be paid as part of the normal course of business.
assets
consignment
accounts payable
benchmark
6. Sales divided by total assets.
inventory
brand equity
lead-time
asset turnover
7. A delivery which is currently between its source and destination.
challenge
in transit
piggyback
operating expenses
8. Entering land or property without permission from the owner or the right to enter.
anonymity
port of entry
trespassing
break-even point
9. Hospital department for people who suddenly become ill or are hurt in an accident.
cancel
A & E (Accident & Emergency)
limited liability
share capital
10. One of the documents required by a firm to become a limited company.
political privacy
memorandum of association
possibilities
bulk carriers
11. Electronic records of phone calls - bank transactions etc which paint a picture of what a person did - where and when.
electronic trail
A & E (Accident & Emergency)
EBIT
accuracy
12. Compensation paid to a person on the basis of products sold.
commission
electronic trail
operating expenses
fraud
13. A portion - piece or segment of something that is representative of the whole.
sample
surveillance
IPO - Initial Public Offering
brand equity
14. The crime of deceiving someone to get money or good illegally.
break-even point
fraud
accuracy
full containerships
15. Letting a third-party company take care of your logistics for you.
Leveraged Buy-Out
logistics outsourcing
commission
MTBF (Mean Time Between Failures)
16. Ceiling-mounted camera used in stores and casinos etc to monitor customers.
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17. Things which are likely or feasible.
possibilities
trailer
stock exchange
security
18. Debts; money that must be paid.
track
best practice
liabilities
break-even point
19. A notice to a buyer that shipment has gone forward which contains details of packing - routing etc.
accounts receivable
advice of shipment
seed capital
consensus
20. Expenses arising during normal business operations.
deed of partnership
lead-time
operating expenses
feeder service
21. 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.
survey
bonded warehouse
limited liability
best practice
22. The point in units sold or sales amount when the expenses will be matched.
franchise
break-even point
due diligence
goggles
23. A marketing strategy where a company tries to gain greater dominance in a market - for example - by offering special prices.
market penetration strategy
analysis
ergonomics
track
24. The system of technology - people - organizations etc involved in moving services or products from supplier to customer.
supply chain
breach of privacy
cash flow
peak times
25. Earnings Before Interest and Taxes.
norm
advice of shipment
break-even point
EBIT
26. Information officially declared secret - such as classified documents or material that are available only to particular people.
supply chain
platform
tankers
classified information
27. The complete range of a company's offerings including products and services.
financial privacy
portfolio
logistics
consignment
28. Device which breaks to stop the flow of current in the event of an overload.
penetration pricing strategy
Ro/Ro
venture capitalist
fuse
29. A statisitical measure of how well a company is doing in a certain area.
stalking
rights violation
break bulk
key performance indicator
30. Damage or hurt experienced by a person or animal.
trespassing
goggles
IPO - Initial Public Offering
injury
31. The total value of the money invested into a company by its shareholders.
share capital
full containerships
inventory
carousel
32. When all members of a group agree to support a decision even if they don't agree with it.
consensus
penetration pricing strategy
fiscal year
fire extinguisher
33. Insurance covering loss or damage of goods at sea.
marine insurance
quality audit
EBITDA
seed capital
34. Cargo which is booked but does not arrive in time to be loaded onto a vessel.
bed & breakfast
no-show
track
equity financing
35. Expenses for a company which do not change based on production or sales levels.
consignment
US Fourth Amendment
risk
fixed cost
36. The right of owners of physical or intellectual property to consume - rent or sell their property.
differentiation
feedback
property rights
variable cost
37. A systematic - independent examination of whether a company's quality procedures are being followed and goals being achieved or not.
financial privacy
first aid
pallet
quality audit
38. A short description of a company's purpose in relation to customers - products - markets etc.
fiscal year
stalking
commission
business mission
39. Part of the Bill of Rights which provides people with the right to be secure in their persons - houses - papers etc.
brand
director
US Fourth Amendment
'eye in the sky' camera
40. Finding out or ascertaining something previously unknown.
discovery
confirm
fork lift
lead-time
41. The granting of power to perform various acts or duties.
sexual privacy
mission statement
accreditation
rights violation
42. Port where cargo enters a country and is unloaded.
piggyback
force majeure
barrel (BBL)
port of entry
43. A small hotel or private house that rents out rooms to sleep in - including breakfast - at reasonable prices.
bed & breakfast
secret ballot
general cargo freighters
marine insurance
44. The right to have details of your financial transactions kept secret.
fire extinguisher
hose
survey
financial privacy
45. A person who is involved in a situation in addition to the two main participants.
confirm
FEU
common stock
third party
46. Events which are beyond the control of a carrier like war - earthquakes or floods.
key performance indicator
piggyback
force majeure
in transit
47. The idea that anything you tell your doctor will remain confidential.
property rights
medical privacy
full containerships
hose
48. Wages - salaries and other forms of employee compensation.
fire extinguisher
analysis
break bulk
payroll
49. The planning - implementation and control of flow and storage of goods.
venture capitalist
fire extinguisher
anonymity
logistics
50. When you allow someone to start a specific business by using your products in exchange for a part of his profits.
barrel (BBL)
franchise
internet privacy
procedure
Can you answer 50 questions in 15 minutes?
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