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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. Information officially declared secret - such as classified documents or material that are available only to particular people.
unlimited liability
turnaround
financial privacy
classified information
2. Protective eyewear worn when working with chemicals or dangerous machines.
inventory
survey
goggles
in transit
3. A measure of the average time between failures in a system - the higher the amount - the more reliable the thing is.
creativity
brand equity
identity theft
MTBF (Mean Time Between Failures)
4. When all members of a group agree to support a decision even if they don't agree with it.
logistics
consensus
third party
consignment
5. Hospital department for people who suddenly become ill or are hurt in an accident.
confirm
consignment
trade secret
A & E (Accident & Emergency)
6. A name - term - sign - symbol - design or combination of these used to uniquely identify a producer's goods.
hose
electronic trail
brand
track
7. The fraudulent use of someone's identity in order to steal money or get other benefits.
identity theft
suitcase
fork lift
injury
8. Someone who invests in a business partnership without taking part in business affairs. Usually sleeping partners have limited liability.
stalking
sleeping partner
mission statement
accounts receivable
9. Duties or taxes imposed by the government on imported and exported goods.
retained earnings
accounts receivable
customs
best practice
10. A warehouse authorized by customs where goods are stored and no payment is required until the goods are removed.
Leveraged Buy-Out
just-in-time manufacturing
logistics outsourcing
bonded warehouse
11. The right to privacy and control of your information on the internet.
skimming pricing strategy
internet privacy
share
liner
12. Costs that fluctuate in direct relation to the volume of units produced.
variable cost
air cargo
electronic trail
logistics outsourcing
13. Setting a relatively low intitial price for a new product in order to win market share.
intermodal transport
supply chain
bulk cargo
penetration pricing strategy
14. The time which a seller needs to produce and deliver goods.
security
lead-time
EBITDA
logistics
15. Someone who acts as an agent on behalf of a shipper.
FEU
market penetration strategy
freight forwarder
brand
16. Debts owed to a company usually from sales on credit.
stock exchange
marine insurance
accounts receivable
norm
17. A small hotel or private house that rents out rooms to sleep in - including breakfast - at reasonable prices.
bed & breakfast
trailer
share capital
deed of partnership
18. The right of owners of physical or intellectual property to consume - rent or sell their property.
property rights
accounts payable
fraud
EBITDA
19. Electronic records of phone calls - bank transactions etc which paint a picture of what a person did - where and when.
turnaround
security
electronic trail
assets
20. Events which are beyond the control of a carrier like war - earthquakes or floods.
operating expenses
venture capitalist
force majeure
retained earnings
21. List of goods in a store or warehouse.
Lloyds' Registry
inventory
income statement
ergonomics
22. Metal rails along which a train travels.
pallet
track
tankers
fraud
23. Compensation paid to a person on the basis of products sold.
trade secret
Lloyds' Registry
commission
differentiation
24. Damage or hurt experienced by a person or animal.
inventory
injury
return on investment
barrel (BBL)
25. Cargo which is booked but does not arrive in time to be loaded onto a vessel.
no-show
feeder service
logistics
consensus
26. A piece of information - for example how a certain product is made - which is only known to the company that makes it.
stalking
franchise
trade secret
penetration pricing strategy
27. The right to have your political view kept secret.
liabilities
warehouse
civil liberties
political privacy
28. Cargo which is transported by plane.
pallet
income statement
depreciation
air cargo
29. System where goods are produced as and when they are needed rather than producing items in advance and storing them in a warehouse.
EBIT
freight forwarder
just-in-time manufacturing
fire extinguisher
30. Ceiling-mounted camera used in stores and casinos etc to monitor customers.
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31. Expenses for a company which do not change based on production or sales levels.
A & E (Accident & Emergency)
liner
charity
fixed cost
32. A government office which registers information on every company on the British market and circulates them to stakeholders.
feedback
Companies House
liner
portfolio
33. The crime of deceiving someone to get money or good illegally.
variable cost
political privacy
fraud
Leveraged Buy-Out
34. 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.
stock exchange
suitcase
best practice
tankers
35. A rectangluar piece of luggage for carrying clothes.
piggyback
life cycle
suitcase
franchise
36. A short statement describing the main objectives and aims of a business.
mission statement
discrimination
freight forwarder
freighters
37. A formal framework for identifying an organization's growth opportunities - strengths - weaknesses - opportunities and threats.
SWOT analysis
bulk carriers
US Fourth Amendment
seed capital
38. Someone who starts a new business venture often involving innovation and risk taking.
entrepreneuer
quality audit
due diligence
trespassing
39. Net profits divided by net worth or total equity.
bulk cargo
return on investment
US Fourth Amendment
fire extinguisher
40. A delivery which is currently between its source and destination.
in transit
break-even analysis
adaptive firm
financial privacy
41. The obsessive following - observing or contacting of another person.
advice of shipment
consignment
stalking
valid
42. The added value a brand name identity brings to a product or service.
security
brand equity
break-even point
Clean Bill of Lading
43. The relationship between technology and the legal right to privacy in the collection and sharing of data about oneself.
information privacy
positioning
air cargo
diversification
44. A place for the reception - delivery - consolidation - distribution and storage of goods and cargo.
Lloyds' Registry
depreciation
warehouse
MTBF (Mean Time Between Failures)
45. A new scientific or technical idea.
variable cost
adaptive firm
invention
just-in-time manufacturing
46. The granting of power to perform various acts or duties.
valve
accreditation
just-in-time manufacturing
bulk carriers
47. A moving belt you collect baggage from at the airport.
carousel
portfolio
fork lift
full containerships
48. Abbreviation for a standardized container - Twenty-foot equivalent unit.
Companies House
assets
TEU
valve
49. Setting a high initial price for a product to create a price-quality idea which early adopters will happily accept.
track
Ro/Ro
valve
skimming pricing strategy
50. A company where the owners are personally liable for the debts of the company.
bed & breakfast
logistics
freedom of speech
unlimited liability
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