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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 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.
target market
tankers
sleeping partner
limited liability
2. The categorization of potential customers into groups based on common characteristics.
market capitalization
market segmentation
accounts payable
valve
3. A place to live - work - stay in : rented/temporary/furnished accommodation.
accommodation
freighters
sleeping partner
pallet
4. The right to have your sexual orientation and practices remain secret.
asset turnover
sexual privacy
assets
income statement
5. The possibility of suffering harm or loss; a danger.
sleeping partner
risk
fuse
electronic trail
6. Fundamental human rights usually protected by law such as freedom of speech and religion.
fire extinguisher
retained earnings
civil liberties
creativity
7. A standard used to compare some aspect of a business to an external measure.
classified information
property rights
feedback
benchmark
8. The right to have your political view kept secret.
tankers
operating expenses
EBIT
political privacy
9. The complete range of a company's offerings including products and services.
marine insurance
first aid
portfolio
internet privacy
10. A company that moves goods or passengers from one place to another.
Bill of Lading
carrier
bed & breakfast
diversification
11. Insurance covering loss or damage of goods at sea.
fiscal year
director
discrimination
marine insurance
12. A flexible tube used to transport liquids or gas.
charity
Leveraged Buy-Out
barrel (BBL)
hose
13. A shipment of goods to a consignee.
spyware
market segmentation
consignment
TEU
14. Sales divided by total assets.
asset turnover
fire extinguisher
CCTV (closed-circuit television)
payroll
15. Things which are likely or feasible.
fuse
possibilities
EBIT
quality audit
16. A short description of a company's purpose in relation to customers - products - markets etc.
warehouse
invasion of privacy
accounts receivable
business mission
17. Duties or taxes imposed by the government on imported and exported goods.
share
Ro/Ro
customs
hose
18. Monitoring of public places using video cameras.
financial privacy
consignment
CCTV (closed-circuit television)
port of entry
19. Goods which are shipped loose in the hold of a ship.
bulk cargo
rights violation
break-even point
general cargo freighters
20. A systematic - independent examination of whether a company's quality procedures are being followed and goals being achieved or not.
quality audit
income statement
rights violation
peak times
21. Initial medical attention given to someone in the event of an accident or sudden illness.
differentiation
liabilities
cancel
first aid
22. Expenses for a company which do not change based on production or sales levels.
political privacy
fixed cost
force majeure
US Fourth Amendment
23. When a company buys another one for more than the asset value the difference is called goodwill.
logistics
goodwill
accuracy
deed of partnership
24. Cargo which is transported by plane.
air cargo
supply chain
Ro/Ro
co-operative
25. The benefit of larger scale production where costs are spread over more units which lowers the average unit cost.
director
US Fourth Amendment
economies of scale
information privacy
26. A machine used to pick up and transport goods loaded on pallets.
challenge
fork lift
general cargo freighters
deed of partnership
27. A planned - temporary break in a journey - for instance to change planes.
carousel
franchise
barrel (BBL)
stopover
28. A moving belt you collect baggage from at the airport.
quality audit
freedom of speech
carousel
in transit
29. Mechanical device controlling the flow of a gas or liquid in a system.
Bill of Lading
supply chain
no-show
valve
30. Usually wooden base used for moving or storing stacked goods.
inventory
pallet
cancel
key performance indicator
31. The right to have details of your financial transactions kept secret.
US Fourth Amendment
air cargo
key performance indicator
financial privacy
32. A test of a company's ability to meet its immediate cash requirements: short-term assets minus accounts receivable and inventory - divided by short-term liabilities.
medical privacy
memorandum of association
fraud
acid test
33. A place for the reception - delivery - consolidation - distribution and storage of goods and cargo.
depreciation
warehouse
Roll-on/Roll-off vessels
marine insurance
34. Ceiling-mounted camera used in stores and casinos etc to monitor customers.
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35. One of the documents required by a firm to become a limited company.
inventory
due diligence
memorandum of association
equity financing
36. A short statement describing the main objectives and aims of a business.
income statement
mission statement
freighters
stock exchange
37. A response or reaction to a piece of information.
due diligence
creativity
procedure
feedback
38. Positions customer's relative perceptions of one brand in comparison to other competitive alternatives.
brand recognition
variable cost
advice of shipment
entrepreneuer
39. A financial statement showing sales - cost of sales - gross margin - operating expenses etc.
income statement
feedback
payroll
entrepreneuer
40. Electronic records of phone calls - bank transactions etc which paint a picture of what a person did - where and when.
consignment
trespassing
EBIT
electronic trail
41. The total value of all the outstanding shares of a publicly-traded company.
memorandum of association
equity financing
market capitalization
payroll
42. The obsessive following - observing or contacting of another person.
business mission
marine insurance
stalking
customs
43. Abbreviation for a standardized container - Twenty-foot equivalent unit.
TEU
surveillance
trade secret
valid
44. A marketing strategy where a company tries to gain greater dominance in a market - for example - by offering special prices.
share capital
third party
market penetration strategy
valid
45. The crime of deceiving someone to get money or good illegally.
venture capitalist
A & E (Accident & Emergency)
no-show
fraud
46. The time it takes between the arrival of a vessel or aircraft and its departure.
carrier
cash flow
accuracy
turnaround
47. Steps taken in advance to avoid an accident happening.
identity theft
precaution
income statement
brand recognition
48. Expenses arising during normal business operations.
liabilities
operating expenses
life cycle
portfolio
49. In a business plan this is the change in the cash balance.
freighters
cash flow
break-even analysis
income statement
50. To decide that an agreed appointment or booking will not take place.
first aid
possibilities
cancel
anonymity