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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. Things which are likely or feasible.
IPO - Initial Public Offering
possibilities
brand
marine insurance
2. Monitoring of public places using video cameras.
break bulk
fraud
discovery
CCTV (closed-circuit television)
3. Someone who acts as an agent on behalf of a shipper.
freight forwarder
market segmentation
key performance indicator
sexual privacy
4. The science of making sure people and machines work together as well as possible.
commission
ergonomics
civil liberties
marketing mix
5. The obsessive following - observing or contacting of another person.
stalking
customs
advice of shipment
logistics
6. Activities including product - method of distribution - method of advertising which all affect how a product is marketing.
memorandum of association
marketing mix
share capital
valid
7. Duties or taxes imposed by the government on imported and exported goods.
TEU
diversification
civil liberties
customs
8. A warehouse authorized by customs where goods are stored and no payment is required until the goods are removed.
bonded warehouse
creativity
diversification
share
9. Setting a high initial price for a product to create a price-quality idea which early adopters will happily accept.
equity financing
portfolio
identity theft
skimming pricing strategy
10. Goods which are shipped loose in the hold of a ship.
bulk cargo
analysis
goodwill
lead-time
11. The time which a seller needs to produce and deliver goods.
stakeholder
lead-time
officers of a company
survey
12. Useable or acceptable.
MTBF (Mean Time Between Failures)
depreciation
valid
piggyback
13. A small hotel or private house that rents out rooms to sleep in - including breakfast - at reasonable prices.
income statement
breach of privacy
marine insurance
bed & breakfast
14. The right to have your sexual orientation and practices remain secret.
accommodation
accreditation
sexual privacy
trade secret
15. Hospital department for people who suddenly become ill or are hurt in an accident.
share
brand recognition
A & E (Accident & Emergency)
SWOT analysis
16. Vessel designed to carry bulk cargo such as grain or ore.
bulk carriers
benchmark
penetration pricing strategy
logistics
17. Debts owed to a company usually from sales on credit.
general cargo freighters
challenge
accounts receivable
sleeping partner
18. Compensation paid to a person on the basis of products sold.
EBIT
commission
wake-up call
TEU
19. The point in units sold or sales amount when the expenses will be matched.
fuse
target market
stopover
break-even point
20. A financial statement showing sales - cost of sales - gross margin - operating expenses etc.
barrel (BBL)
stock exchange
entrepreneuer
income statement
21. The expected behaviour or standard for something.
inventory
norm
discovery
mission statement
22. The organization that surveys and classifies ships for insurance companies.
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23. A standard used to compare some aspect of a business to an external measure.
benchmark
air cargo
port of entry
Roll-on/Roll-off vessels
24. A non-profit making organization which exists to support and help a particular group.
diversification
break bulk
charity
benchmark
25. Business wholly owned by its employees with the emphasis on group decision making.
accounts payable
Lloyds' Registry
co-operative
sleeping partner
26. Written description of how something should be done.
IPO - Initial Public Offering
procedure
logistics
best practice
27. The right to say what you want without anyone stopping you.
freedom of speech
Companies House
fiscal year
challenge
28. A notice to a buyer that shipment has gone forward which contains details of packing - routing etc.
IPO - Initial Public Offering
advice of shipment
target market
mission statement
29. Positions customer's relative perceptions of one brand in comparison to other competitive alternatives.
tankers
target market
brand recognition
acid test
30. Steps taken in advance to avoid an accident happening.
discrimination
third party
precaution
general cargo freighters
31. The right to have details of your financial transactions kept secret.
financial privacy
force majeure
fiscal year
IPO - Initial Public Offering
32. The complete range of a company's offerings including products and services.
fire extinguisher
portfolio
limited liability
fraud
33. A company that moves goods or passengers from one place to another.
skimming pricing strategy
fuse
carrier
platform
34. Ships fitted with tanks to carry liquid or gas cargoes.
tankers
secret ballot
information privacy
freighters
35. When a company produces a product of a type they have not previously made.
best practice
market capitalization
benchmark
diversification
36. Transportation method where truck trailers with their loads are moved by train to their destination.
identity theft
piggyback
feedback
discovery
37. A piece of information - for example how a certain product is made - which is only known to the company that makes it.
economies of scale
discovery
valid
trade secret
38. Expenses arising during normal business operations.
operating expenses
risk
corporation
accuracy
39. Anyone who has an interest in the success of an organization - e.g. the owner - employees - shareholders.
possibilities
consignment
brand
stakeholder
40. Usually wooden base used for moving or storing stacked goods.
accreditation
goodwill
pallet
goggles
41. A delivery which is currently between its source and destination.
corporation
deed of partnership
freedom of speech
in transit
42. Damage or hurt experienced by a person or animal.
identity theft
challenge
survey
injury
43. A short description of a company's purpose in relation to customers - products - markets etc.
business mission
adaptive firm
internet privacy
track
44. Initial medical attention given to someone in the event of an accident or sudden illness.
bonded warehouse
first aid
accommodation
force majeure
45. The total value of the money invested into a company by its shareholders.
accommodation
sexual privacy
share capital
trailer
46. When a person or group infringes on your rights such as freedom of movement or freedom of speech.
injury
advice of shipment
feeder service
rights violation
47. When all members of a group agree to support a decision even if they don't agree with it.
assets
US Fourth Amendment
consensus
hard hat
48. Shortened form of Roll on/Roll off meaning a ship which trucks can drive straight onto without the need for cranes.
Ro/Ro
third party
accuracy
common stock
49. The truck unit onto which freight in a container is loaded.
logistics outsourcing
trailer
suitcase
positioning
50. To make valid by approval - to establish the certainty of something.
peak times
financial privacy
in transit
confirm
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