Test your basic knowledge |

Business English Test

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. A business classed as a separate legal entity so if there is a financial problem the owners would not lose all their money - only the money they had invested in the company.






2. The relationship between technology and the legal right to privacy in the collection and sharing of data about oneself.






3. A receipt for goods issued by a carrier indicated that goods were received without damage or irregularities.






4. Earnings Before Interest - Taxes - Depreciation and Amortization.






5. Documents used to procure freight and express transportation and services from commercial carriers.






6. Raised flat area beside a train track for entering or exiting a train.






7. Expenses for a company which do not change based on production or sales levels.






8. A statisitical measure of how well a company is doing in a certain area.






9. Setting a relatively low intitial price for a new product in order to win market share.






10. The times of highest demand for a product or service.






11. Bills to be paid as part of the normal course of business.






12. Series of questions designed to gather information on a certain topic.






13. A measure of the average time between failures in a system - the higher the amount - the more reliable the thing is.






14. Activities including product - method of distribution - method of advertising which all affect how a product is marketing.






15. The estimated loss of value of assets over a period of time.






16. Activities involved in protecting a country - building or person against danger or attack.






17. Wages - salaries and other forms of employee compensation.






18. Written description of how something should be done.






19. A financial statement showing sales - cost of sales - gross margin - operating expenses etc.






20. Cargo which is booked but does not arrive in time to be loaded onto a vessel.






21. A small hotel or private house that rents out rooms to sleep in - including breakfast - at reasonable prices.






22. A model depicting the sales curve of a product split into four stages - introduction - growth - maturity and decline.






23. The state of remaining unknown to most other people.






24. Surveillance tools installed on a computer without the users' consent.






25. A method recognised throughout a business sector as the best way to do something.






26. One of the documents required by a firm to become a limited company.






27. A vessel sailing between specific ports on a regular basis.






28. A short statement describing the main objectives and aims of a business.






29. A form of company which has a separate legal identity and limited liabilities.






30. Protective eyewear worn when working with chemicals or dangerous machines.






31. The amount of money of a company's profits that is distributed to its shareholders.






32. A defined segment of the market that a product is aimed at.






33. Unfair treatment of a person or group based on prejudice.






34. An investment contributed at the early stages of a new venture.






35. Insurance covering loss or damage of goods at sea.






36. The right of owners of physical or intellectual property to consume - rent or sell their property.






37. A process of verifying all information about a company including but not limited to financials - management - market share and risks.






38. Steps taken in advance to avoid an accident happening.






39. Forty-Foot Equivalent Units - a standard size for shipping containers.






40. Part of the Bill of Rights which provides people with the right to be secure in their persons - houses - papers etc.






41. The ability to develop new ideas.






42. The expected behaviour or standard for something.






43. An organization able to respond to and address changes in a market - their environment or industry.






44. Shortened form of Roll on/Roll off meaning a ship which trucks can drive straight onto without the need for cranes.






45. Ceiling-mounted camera used in stores and casinos etc to monitor customers.

Warning: Invalid argument supplied for foreach() in /var/www/html/basicversity.com/show_quiz.php on line 183


46. Events which are beyond the control of a carrier like war - earthquakes or floods.






47. Earnings Before Interest and Taxes.






48. A demanding or stimulating situation.






49. General term for ships designed to carry cargo rather than passengers.






50. The truck unit onto which freight in a container is loaded.