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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 technique used to assess expected profitability of a company or single product.
EBIT
break-even analysis
electronic trail
freighters
2. A form of company which has a separate legal identity and limited liabilities.
classified information
corporation
inventory
intermodal transport
3. A telephone call requested at a certain time to wake someone up.
stakeholder
supply chain
deed of partnership
wake-up call
4. Forty-Foot Equivalent Units - a standard size for shipping containers.
feeder service
FEU
share capital
general cargo freighters
5. The right to have details of your financial transactions kept secret.
share
fire extinguisher
fixed cost
financial privacy
6. Service taking cargo from a regional port or airport to a central hub for a long-haul voyage.
lead-time
feeder service
benchmark
hose
7. The expected behaviour or standard for something.
share capital
marketing mix
norm
limited liability
8. The obsessive following - observing or contacting of another person.
feeder service
Lloyds' Registry
breach of privacy
stalking
9. Events which are beyond the control of a carrier like war - earthquakes or floods.
force majeure
memorandum of association
financial privacy
bonded warehouse
10. Shortened form of Roll on/Roll off meaning a ship which trucks can drive straight onto without the need for cranes.
officers of a company
Ro/Ro
benchmark
risk
11. A unit of measure for liquids equivalent to 42 gallons.
bonded warehouse
seed capital
barrel (BBL)
penetration pricing strategy
12. Net profits divided by net worth or total equity.
return on investment
freedom of speech
carrier
norm
13. A process of verifying all information about a company including but not limited to financials - management - market share and risks.
bed & breakfast
accreditation
due diligence
key performance indicator
14. Shaping a companies' offering and image to occupy a unique and valued place in the customer's mind.
positioning
peak times
customs
ergonomics
15. The time which a seller needs to produce and deliver goods.
analysis
lead-time
freedom of speech
trade secret
16. A company that moves goods or passengers from one place to another.
carrier
fork lift
survey
target market
17. The efforts to make a product seem different from rival products or even unique.
differentiation
third party
freighters
discovery
18. A formal framework for identifying an organization's growth opportunities - strengths - weaknesses - opportunities and threats.
fixed cost
IPO - Initial Public Offering
SWOT analysis
advice of shipment
19. Entering land or property without permission from the owner or the right to enter.
EBIT
bonded warehouse
trespassing
A & E (Accident & Emergency)
20. The year as used in accounting which can begin and end in any month as the company sees fit.
co-operative
feeder service
freighters
fiscal year
21. Ships especially designed for trucks to drive into them using internal ramps.
anonymity
carousel
Roll-on/Roll-off vessels
limited liability
22. A name - term - sign - symbol - design or combination of these used to uniquely identify a producer's goods.
ergonomics
bonded warehouse
brand
advice of shipment
23. The times of highest demand for a product or service.
financial privacy
charity
accreditation
peak times
24. Information officially declared secret - such as classified documents or material that are available only to particular people.
limited liability
classified information
break bulk
fixed cost
25. Ships fitted with tanks to carry liquid or gas cargoes.
Bill of Lading
tankers
accommodation
ergonomics
26. A machine used to pick up and transport goods loaded on pallets.
target market
classified information
FEU
fork lift
27. The relationship between technology and the legal right to privacy in the collection and sharing of data about oneself.
information privacy
carousel
secret ballot
franchise
28. General term for ships designed to carry cargo rather than passengers.
freighters
fuse
fraud
quality audit
29. 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.
acid test
invention
Bill of Lading
goodwill
30. When you allow someone to start a specific business by using your products in exchange for a part of his profits.
franchise
cancel
valid
asset turnover
31. Expenses arising during normal business operations.
market penetration strategy
accounts receivable
operating expenses
electronic trail
32. Cargo ships not specialised in one type of cargo unlike a full containership.
general cargo freighters
analysis
charity
IPO - Initial Public Offering
33. Series of questions designed to gather information on a certain topic.
target market
Clean Bill of Lading
survey
sample
34. When someone breaks your right to privacy.
cash flow
brand equity
fraud
invasion of privacy
35. An agreement that regulates the rights and obligations of shareholders.
warehouse
deed of partnership
market penetration strategy
accreditation
36. Port where cargo enters a country and is unloaded.
port of entry
rights violation
trade secret
benchmark
37. A small hotel or private house that rents out rooms to sleep in - including breakfast - at reasonable prices.
bed & breakfast
FEU
fraud
norm
38. Costs that fluctuate in direct relation to the volume of units produced.
variable cost
information privacy
anonymity
economies of scale
39. Someone who invests in a business partnership without taking part in business affairs. Usually sleeping partners have limited liability.
customs
sleeping partner
intermodal transport
stalking
40. Device which breaks to stop the flow of current in the event of an overload.
general cargo freighters
fuse
marketing mix
liner
41. Protective helmet worn on building sites etc. to prevent injuries to the head.
life cycle
hard hat
precaution
venture capitalist
42. The science of making sure people and machines work together as well as possible.
ergonomics
fork lift
commission
EBITDA
43. The benefit of larger scale production where costs are spread over more units which lowers the average unit cost.
economies of scale
A & E (Accident & Emergency)
accommodation
stock exchange
44. A place to live - work - stay in : rented/temporary/furnished accommodation.
brand equity
piggyback
accommodation
turnaround
45. The categorization of potential customers into groups based on common characteristics.
survey
market segmentation
break-even point
market capitalization
46. A receipt for goods issued by a carrier indicated that goods were received without damage or irregularities.
stalking
Clean Bill of Lading
civil liberties
break-even point
47. The right to have your sexual orientation and practices remain secret.
air cargo
limited liability
carrier
sexual privacy
48. A piece of information - for example how a certain product is made - which is only known to the company that makes it.
fiscal year
port of entry
trade secret
freedom of speech
49. The characteristic of a measurement regarding how precise it is.
goggles
brand equity
franchise
accuracy
50. A marketing strategy where a company tries to gain greater dominance in a market - for example - by offering special prices.
lead-time
valve
consensus
market penetration strategy