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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. The organization that surveys and classifies ships for insurance companies.
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2. A wealthy person who invests in a start-up company.
sample
venture capitalist
brand equity
goodwill
3. A non-profit making organization which exists to support and help a particular group.
charity
anonymity
unlimited liability
payroll
4. The efforts to make a product seem different from rival products or even unique.
differentiation
tankers
Clean Bill of Lading
pallet
5. A form of company which has a separate legal identity and limited liabilities.
due diligence
precaution
air cargo
corporation
6. A name - term - sign - symbol - design or combination of these used to uniquely identify a producer's goods.
brand
full containerships
force majeure
freedom of speech
7. The right to have details of your financial transactions kept secret.
customs
financial privacy
internet privacy
fire extinguisher
8. Duties or taxes imposed by the government on imported and exported goods.
customs
Lloyds' Registry
invasion of privacy
bonded warehouse
9. A delivery which is currently between its source and destination.
customs
in transit
accounts receivable
MTBF (Mean Time Between Failures)
10. The examination and evaluation of something.
analysis
'eye in the sky' camera
memorandum of association
accounts payable
11. A document representing one unit of ownership in a corporation - mutual fund or limited partnership.
barrel (BBL)
share
cancel
wake-up call
12. The system of technology - people - organizations etc involved in moving services or products from supplier to customer.
accreditation
EBITDA
supply chain
sample
13. A person who is on the managing board of a business.
track
logistics outsourcing
rights violation
director
14. The purchase of a business based on the company's cash recipts and the belief positive cash flow will continue.
Leveraged Buy-Out
consignment
EBIT
MTBF (Mean Time Between Failures)
15. Officials formally appointed to run and represent a company.
inventory
fork lift
officers of a company
analysis
16. Steps taken in advance to avoid an accident happening.
limited liability
fixed cost
precaution
diversification
17. When a person or group infringes on your rights such as freedom of movement or freedom of speech.
rights violation
medical privacy
adaptive firm
economies of scale
18. Cargo which is booked but does not arrive in time to be loaded onto a vessel.
memorandum of association
ETA
no-show
assets
19. Transportation method where truck trailers with their loads are moved by train to their destination.
discrimination
piggyback
CCTV (closed-circuit television)
sexual privacy
20. Raised flat area beside a train track for entering or exiting a train.
norm
bulk carriers
life cycle
platform
21. Ships with permanent container cells with little or no space for other cargo types.
civil liberties
full containerships
track
security
22. When you allow someone to start a specific business by using your products in exchange for a part of his profits.
memorandum of association
franchise
general cargo freighters
break bulk
23. The estimated loss of value of assets over a period of time.
co-operative
depreciation
TEU
breach of privacy
24. The sale of part-ownership in a venture to gain additional capital for a start-up.
valid
advice of shipment
first aid
equity financing
25. A place where parts of the ownership of companies are bought and sold - or the organization of people whose job is to do the buying and selling.
A & E (Accident & Emergency)
accounts payable
force majeure
stock exchange
26. The possibility of suffering harm or loss; a danger.
analysis
portfolio
intermodal transport
risk
27. A vessel sailing between specific ports on a regular basis.
bulk cargo
franchise
warehouse
liner
28. The truck unit onto which freight in a container is loaded.
dividend
trailer
survey
corporation
29. The first time a company offers its shares to the public.
liabilities
penetration pricing strategy
IPO - Initial Public Offering
barrel (BBL)
30. The expected behaviour or standard for something.
Leveraged Buy-Out
no-show
norm
carrier
31. A rectangluar piece of luggage for carrying clothes.
suitcase
sleeping partner
customs
sexual privacy
32. Information officially declared secret - such as classified documents or material that are available only to particular people.
sleeping partner
classified information
accuracy
peak times
33. Someone who invests in a business partnership without taking part in business affairs. Usually sleeping partners have limited liability.
procedure
brand
sleeping partner
piggyback
34. When all members of a group agree to support a decision even if they don't agree with it.
consensus
tankers
first aid
break-even analysis
35. System where goods are produced as and when they are needed rather than producing items in advance and storing them in a warehouse.
just-in-time manufacturing
freight forwarder
EBITDA
bed & breakfast
36. Things which are likely or feasible.
possibilities
corporation
track
franchise
37. The total value of all the outstanding shares of a publicly-traded company.
civil liberties
electronic trail
market capitalization
wake-up call
38. Service taking cargo from a regional port or airport to a central hub for a long-haul voyage.
inventory
stock exchange
feeder service
creativity
39. Compensation paid to a person on the basis of products sold.
fork lift
business mission
differentiation
commission
40. The monitoring or close observation of behaviour.
surveillance
full containerships
barrel (BBL)
'eye in the sky' camera
41. The year as used in accounting which can begin and end in any month as the company sees fit.
fiscal year
cancel
consignment
memorandum of association
42. When someone breaks your right to privacy.
invasion of privacy
co-operative
memorandum of association
portfolio
43. A marketing strategy where a company tries to gain greater dominance in a market - for example - by offering special prices.
spyware
market penetration strategy
break bulk
US Fourth Amendment
44. A warehouse authorized by customs where goods are stored and no payment is required until the goods are removed.
rights violation
co-operative
fixed cost
bonded warehouse
45. The right to privacy and control of your information on the internet.
liabilities
internet privacy
fork lift
possibilities
46. A response or reaction to a piece of information.
marine insurance
SWOT analysis
feedback
diversification
47. Part of the Bill of Rights which provides people with the right to be secure in their persons - houses - papers etc.
Lloyds' Registry
depreciation
US Fourth Amendment
SWOT analysis
48. Device containing water - foam or powder used to put out a fire.
goggles
fire extinguisher
stakeholder
portfolio
49. Cargo which is transported by plane.
air cargo
payroll
Bill of Lading
full containerships
50. A short statement describing the main objectives and aims of a business.
market penetration strategy
Lloyds' Registry
precaution
mission statement
Can you answer 50 questions in 15 minutes?
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