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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.
commission
break bulk
target market
invasion of privacy
2. Mechanical device controlling the flow of a gas or liquid in a system.
valve
charity
MTBF (Mean Time Between Failures)
retained earnings
3. A warehouse authorized by customs where goods are stored and no payment is required until the goods are removed.
bonded warehouse
possibilities
injury
stock exchange
4. Initial medical attention given to someone in the event of an accident or sudden illness.
creativity
equity financing
first aid
best practice
5. Things which are likely or feasible.
possibilities
bed & breakfast
inventory
market capitalization
6. The right to privacy and control of your information on the internet.
accuracy
secret ballot
internet privacy
freighters
7. A systematic - independent examination of whether a company's quality procedures are being followed and goals being achieved or not.
quality audit
hose
brand
barrel (BBL)
8. Estimated Time of Arrival.
peak times
security
ETA
economies of scale
9. A notice to a buyer that shipment has gone forward which contains details of packing - routing etc.
hose
advice of shipment
full containerships
Lloyds' Registry
10. The planning - implementation and control of flow and storage of goods.
logistics
logistics outsourcing
discrimination
fixed cost
11. A machine used to pick up and transport goods loaded on pallets.
fork lift
fraud
norm
skimming pricing strategy
12. Cargo which is transported by plane.
dividend
turnaround
bulk carriers
air cargo
13. Expenses for a company which do not change based on production or sales levels.
fixed cost
trespassing
confirm
mission statement
14. Part of the Bill of Rights which provides people with the right to be secure in their persons - houses - papers etc.
lead-time
possibilities
breach of privacy
US Fourth Amendment
15. A receipt for goods issued by a carrier indicated that goods were received without damage or irregularities.
SWOT analysis
Clean Bill of Lading
bed & breakfast
piggyback
16. Shortened form of Roll on/Roll off meaning a ship which trucks can drive straight onto without the need for cranes.
Ro/Ro
EBIT
carousel
Clean Bill of Lading
17. The granting of power to perform various acts or duties.
classified information
internet privacy
accreditation
piggyback
18. A marketing strategy where a company tries to gain greater dominance in a market - for example - by offering special prices.
CCTV (closed-circuit television)
wake-up call
market penetration strategy
warehouse
19. Setting a high initial price for a product to create a price-quality idea which early adopters will happily accept.
benchmark
fuse
fixed cost
skimming pricing strategy
20. The total value of all the outstanding shares of a publicly-traded company.
fiscal year
market segmentation
market capitalization
fuse
21. The purchase of a business based on the company's cash recipts and the belief positive cash flow will continue.
possibilities
rights violation
Leveraged Buy-Out
market segmentation
22. The idea that anything you tell your doctor will remain confidential.
adaptive firm
pallet
piggyback
medical privacy
23. Information officially declared secret - such as classified documents or material that are available only to particular people.
customs
director
classified information
logistics
24. Ships fitted with tanks to carry liquid or gas cargoes.
Lloyds' Registry
rights violation
memorandum of association
tankers
25. The point in units sold or sales amount when the expenses will be matched.
venture capitalist
break-even point
creativity
officers of a company
26. A unit of measure for liquids equivalent to 42 gallons.
piggyback
mission statement
barrel (BBL)
bulk carriers
27. Earnings Before Interest - Taxes - Depreciation and Amortization.
piggyback
Companies House
EBITDA
assets
28. A place for the reception - delivery - consolidation - distribution and storage of goods and cargo.
warehouse
business mission
freedom of speech
corporation
29. Net profits divided by net worth or total equity.
discovery
first aid
fuse
return on investment
30. Events which are beyond the control of a carrier like war - earthquakes or floods.
discrimination
force majeure
liabilities
anonymity
31. The amount of money of a company's profits that is distributed to its shareholders.
tankers
commission
challenge
dividend
32. Bills to be paid as part of the normal course of business.
liner
general cargo freighters
accounts payable
feedback
33. A non-profit making organization which exists to support and help a particular group.
logistics outsourcing
third party
entrepreneuer
charity
34. A response or reaction to a piece of information.
'eye in the sky' camera
limited liability
feedback
procedure
35. The relationship between technology and the legal right to privacy in the collection and sharing of data about oneself.
best practice
information privacy
fire extinguisher
charity
36. Goods which are shipped loose in the hold of a ship.
fuse
equity financing
goodwill
bulk cargo
37. When you allow someone to start a specific business by using your products in exchange for a part of his profits.
franchise
intermodal transport
market segmentation
adaptive firm
38. Costs that fluctuate in direct relation to the volume of units produced.
stopover
variable cost
financial privacy
political privacy
39. Fundamental human rights usually protected by law such as freedom of speech and religion.
economies of scale
civil liberties
tankers
commission
40. Port where cargo enters a country and is unloaded.
analysis
break-even analysis
port of entry
quality audit
41. The benefit of larger scale production where costs are spread over more units which lowers the average unit cost.
general cargo freighters
accuracy
economies of scale
break bulk
42. A form of corporate equity ownership giving voting rights.
common stock
stakeholder
third party
penetration pricing strategy
43. Abbreviation for a standardized container - Twenty-foot equivalent unit.
TEU
corporation
differentiation
limited liability
44. A place to live - work - stay in : rented/temporary/furnished accommodation.
logistics outsourcing
possibilities
accommodation
first aid
45. The ability to develop new ideas.
discrimination
diversification
creativity
Bill of Lading
46. The truck unit onto which freight in a container is loaded.
business mission
A & E (Accident & Emergency)
trailer
procedure
47. When all members of a group agree to support a decision even if they don't agree with it.
no-show
Bill of Lading
consensus
creativity
48. An investment contributed at the early stages of a new venture.
seed capital
pallet
bed & breakfast
hose
49. A document representing one unit of ownership in a corporation - mutual fund or limited partnership.
spyware
challenge
share
rights violation
50. Steps taken in advance to avoid an accident happening.
secret ballot
classified information
asset turnover
precaution