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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. The characteristic of a measurement regarding how precise it is.
accuracy
A & E (Accident & Emergency)
'eye in the sky' camera
valve
2. The relationship between technology and the legal right to privacy in the collection and sharing of data about oneself.
information privacy
accommodation
operating expenses
freighters
3. A short description of a company's purpose in relation to customers - products - markets etc.
business mission
quality audit
sexual privacy
valve
4. A company where the owners are personally liable for the debts of the company.
mission statement
liabilities
unlimited liability
carousel
5. A small hotel or private house that rents out rooms to sleep in - including breakfast - at reasonable prices.
director
consignment
bed & breakfast
civil liberties
6. Device containing water - foam or powder used to put out a fire.
sample
dividend
bulk carriers
fire extinguisher
7. The expected behaviour or standard for something.
brand equity
acid test
norm
accuracy
8. The time it takes between the arrival of a vessel or aircraft and its departure.
turnaround
discrimination
sleeping partner
in transit
9. Forty-Foot Equivalent Units - a standard size for shipping containers.
injury
venture capitalist
FEU
electronic trail
10. Officials formally appointed to run and represent a company.
tankers
corporation
bulk carriers
officers of a company
11. Setting a relatively low intitial price for a new product in order to win market share.
market penetration strategy
survey
penetration pricing strategy
fuse
12. Usually wooden base used for moving or storing stacked goods.
classified information
liabilities
pallet
freight forwarder
13. Goods which are shipped loose in the hold of a ship.
bulk cargo
classified information
property rights
in transit
14. When a person or group infringes on your rights such as freedom of movement or freedom of speech.
rights violation
accounts payable
goggles
assets
15. A delivery which is currently between its source and destination.
mission statement
discovery
in transit
freedom of speech
16. Setting a high initial price for a product to create a price-quality idea which early adopters will happily accept.
key performance indicator
trailer
skimming pricing strategy
break-even point
17. The total value of all the outstanding shares of a publicly-traded company.
market capitalization
bulk carriers
co-operative
barrel (BBL)
18. Useable or acceptable.
possibilities
barrel (BBL)
valid
positioning
19. A piece of information - for example how a certain product is made - which is only known to the company that makes it.
trade secret
tankers
breach of privacy
invention
20. General term for ships designed to carry cargo rather than passengers.
third party
freighters
general cargo freighters
possibilities
21. Surveillance tools installed on a computer without the users' consent.
security
assets
spyware
turnaround
22. Monitoring of public places using video cameras.
discrimination
CCTV (closed-circuit television)
officers of a company
creativity
23. The idea that anything you tell your doctor will remain confidential.
feedback
memorandum of association
medical privacy
consignment
24. Someone who starts a new business venture often involving innovation and risk taking.
entrepreneuer
political privacy
trade secret
carrier
25. In a business plan this is the change in the cash balance.
third party
share
sample
cash flow
26. Shortened form of Roll on/Roll off meaning a ship which trucks can drive straight onto without the need for cranes.
commission
Ro/Ro
injury
customs
27. A non-profit making organization which exists to support and help a particular group.
differentiation
charity
adaptive firm
spyware
28. Steps taken in advance to avoid an accident happening.
precaution
venture capitalist
market segmentation
carrier
29. To unload and distribute some or all the contents of a rail car - container or trailer.
stalking
classified information
break bulk
hard hat
30. The right to have your political view kept secret.
skimming pricing strategy
political privacy
bulk cargo
Clean Bill of Lading
31. A company that moves goods or passengers from one place to another.
rights violation
carrier
memorandum of association
CCTV (closed-circuit television)
32. Transporting something using different means of transport - e.g. first on a truck and then on a ship.
platform
intermodal transport
carrier
tankers
33. A place for the reception - delivery - consolidation - distribution and storage of goods and cargo.
spyware
sleeping partner
equity financing
warehouse
34. Information officially declared secret - such as classified documents or material that are available only to particular people.
fixed cost
retained earnings
'eye in the sky' camera
classified information
35. The efforts to make a product seem different from rival products or even unique.
first aid
fixed cost
fork lift
differentiation
36. The sale of part-ownership in a venture to gain additional capital for a start-up.
Ro/Ro
equity financing
entrepreneuer
sample
37. The complete range of a company's offerings including products and services.
suitcase
entrepreneuer
portfolio
just-in-time manufacturing
38. When a company produces a product of a type they have not previously made.
diversification
goodwill
share capital
quality audit
39. A measure of the average time between failures in a system - the higher the amount - the more reliable the thing is.
asset turnover
MTBF (Mean Time Between Failures)
sexual privacy
procedure
40. 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.
discrimination
memorandum of association
adaptive firm
limited liability
41. A wealthy person who invests in a start-up company.
ergonomics
payroll
venture capitalist
life cycle
42. Abbreviation for a standardized container - Twenty-foot equivalent unit.
payroll
TEU
anonymity
ETA
43. The crime of deceiving someone to get money or good illegally.
analysis
MTBF (Mean Time Between Failures)
fraud
market capitalization
44. When you allow someone to start a specific business by using your products in exchange for a part of his profits.
franchise
fiscal year
consignment
no-show
45. The right to have your sexual orientation and practices remain secret.
no-show
barrel (BBL)
invasion of privacy
sexual privacy
46. Anyone who has an interest in the success of an organization - e.g. the owner - employees - shareholders.
stakeholder
penetration pricing strategy
share
retained earnings
47. A planned - temporary break in a journey - for instance to change planes.
third party
Bill of Lading
wake-up call
stopover
48. Documents used to procure freight and express transportation and services from commercial carriers.
fraud
bed & breakfast
Bill of Lading
market capitalization
49. The first time a company offers its shares to the public.
trespassing
IPO - Initial Public Offering
venture capitalist
adaptive firm
50. When a company buys another one for more than the asset value the difference is called goodwill.
full containerships
goodwill
security
air cargo