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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. An investment contributed at the early stages of a new venture.
unlimited liability
seed capital
bulk carriers
logistics outsourcing
2. Someone who starts a new business venture often involving innovation and risk taking.
brand recognition
Lloyds' Registry
entrepreneuer
break-even point
3. The obsessive following - observing or contacting of another person.
stalking
force majeure
goodwill
valid
4. The organization that surveys and classifies ships for insurance companies.
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5. Hospital department for people who suddenly become ill or are hurt in an accident.
cash flow
A & E (Accident & Emergency)
full containerships
platform
6. The point in units sold or sales amount when the expenses will be matched.
invention
brand
Ro/Ro
break-even point
7. A voting system where each vote is kept private.
deed of partnership
quality audit
asset turnover
secret ballot
8. Insurance covering loss or damage of goods at sea.
marine insurance
first aid
payroll
procedure
9. A new scientific or technical idea.
confirm
third party
challenge
invention
10. A place for the reception - delivery - consolidation - distribution and storage of goods and cargo.
warehouse
diversification
liner
first aid
11. A person who is on the managing board of a business.
director
discrimination
supply chain
surveillance
12. Debts owed to a company usually from sales on credit.
fork lift
accounts receivable
carousel
brand equity
13. The right to have details of your financial transactions kept secret.
common stock
warehouse
benchmark
financial privacy
14. The characteristic of a measurement regarding how precise it is.
trade secret
hose
accuracy
challenge
15. List of goods in a store or warehouse.
port of entry
track
inventory
security
16. Cargo ships not specialised in one type of cargo unlike a full containership.
target market
break-even analysis
general cargo freighters
accounts receivable
17. A standard used to compare some aspect of a business to an external measure.
benchmark
market penetration strategy
valid
consignment
18. The science of making sure people and machines work together as well as possible.
sexual privacy
carrier
ergonomics
goggles
19. Transportation method where truck trailers with their loads are moved by train to their destination.
piggyback
share
venture capitalist
Bill of Lading
20. 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.
tankers
charity
spyware
acid test
21. A wealthy person who invests in a start-up company.
venture capitalist
port of entry
carousel
hose
22. A moving belt you collect baggage from at the airport.
carousel
market penetration strategy
classified information
brand
23. Anyone who has an interest in the success of an organization - e.g. the owner - employees - shareholders.
stakeholder
secret ballot
fraud
charity
24. The estimated loss of value of assets over a period of time.
deed of partnership
depreciation
Ro/Ro
market capitalization
25. The relationship between technology and the legal right to privacy in the collection and sharing of data about oneself.
liner
hose
operating expenses
information privacy
26. When a company buys another one for more than the asset value the difference is called goodwill.
break-even point
cancel
liabilities
goodwill
27. The time it takes between the arrival of a vessel or aircraft and its departure.
turnaround
TEU
electronic trail
consensus
28. The categorization of potential customers into groups based on common characteristics.
memorandum of association
Clean Bill of Lading
franchise
market segmentation
29. Someone who invests in a business partnership without taking part in business affairs. Usually sleeping partners have limited liability.
EBIT
ETA
sleeping partner
carousel
30. The year as used in accounting which can begin and end in any month as the company sees fit.
market capitalization
fiscal year
valve
skimming pricing strategy
31. The expected behaviour or standard for something.
norm
feedback
marketing mix
brand equity
32. An invasion of someone's private life without due cause.
rights violation
accounts payable
feedback
breach of privacy
33. The complete range of a company's offerings including products and services.
pallet
life cycle
freedom of speech
portfolio
34. A technique used to assess expected profitability of a company or single product.
deed of partnership
skimming pricing strategy
'eye in the sky' camera
break-even analysis
35. The possibility of suffering harm or loss; a danger.
economies of scale
creativity
risk
bulk carriers
36. A place to live - work - stay in : rented/temporary/furnished accommodation.
depreciation
accommodation
accreditation
A & E (Accident & Emergency)
37. The total value of all the outstanding shares of a publicly-traded company.
unlimited liability
market capitalization
brand equity
identity theft
38. Unfair treatment of a person or group based on prejudice.
ergonomics
discrimination
cash flow
differentiation
39. A government office which registers information on every company on the British market and circulates them to stakeholders.
procedure
survey
business mission
Companies House
40. A financial statement showing sales - cost of sales - gross margin - operating expenses etc.
'eye in the sky' camera
deed of partnership
Leveraged Buy-Out
income statement
41. The benefit of larger scale production where costs are spread over more units which lowers the average unit cost.
logistics outsourcing
sleeping partner
financial privacy
economies of scale
42. The added value a brand name identity brings to a product or service.
memorandum of association
identity theft
brand equity
Ro/Ro
43. The state of remaining unknown to most other people.
bulk cargo
anonymity
civil liberties
portfolio
44. Shaping a companies' offering and image to occupy a unique and valued place in the customer's mind.
liabilities
rights violation
positioning
Roll-on/Roll-off vessels
45. Business wholly owned by its employees with the emphasis on group decision making.
depreciation
co-operative
breach of privacy
lead-time
46. Raised flat area beside a train track for entering or exiting a train.
skimming pricing strategy
fiscal year
feeder service
platform
47. Someone who acts as an agent on behalf of a shipper.
differentiation
freight forwarder
Bill of Lading
security
48. Series of questions designed to gather information on a certain topic.
survey
'eye in the sky' camera
co-operative
sexual privacy
49. A vessel sailing between specific ports on a regular basis.
liner
consensus
SWOT analysis
market capitalization
50. The idea that anything you tell your doctor will remain confidential.
invention
port of entry
medical privacy
track
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