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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. Someone who starts a new business venture often involving innovation and risk taking.
venture capitalist
stopover
entrepreneuer
general cargo freighters
2. A systematic - independent examination of whether a company's quality procedures are being followed and goals being achieved or not.
Ro/Ro
trade secret
quality audit
hard hat
3. System where goods are produced as and when they are needed rather than producing items in advance and storing them in a warehouse.
payroll
corporation
return on investment
just-in-time manufacturing
4. Someone who acts as an agent on behalf of a shipper.
best practice
freight forwarder
commission
skimming pricing strategy
5. Written description of how something should be done.
procedure
wake-up call
lead-time
operating expenses
6. The planning - implementation and control of flow and storage of goods.
challenge
logistics
bed & breakfast
stock exchange
7. Someone who invests in a business partnership without taking part in business affairs. Usually sleeping partners have limited liability.
invention
discovery
sleeping partner
confirm
8. Costs that fluctuate in direct relation to the volume of units produced.
variable cost
equity financing
trailer
advice of shipment
9. General term for ships designed to carry cargo rather than passengers.
freighters
dividend
just-in-time manufacturing
marketing mix
10. Initial medical attention given to someone in the event of an accident or sudden illness.
Companies House
logistics
life cycle
first aid
11. When a company buys another one for more than the asset value the difference is called goodwill.
goodwill
IPO - Initial Public Offering
third party
trailer
12. Officials formally appointed to run and represent a company.
acid test
officers of a company
lead-time
liner
13. Letting a third-party company take care of your logistics for you.
invasion of privacy
surveillance
payroll
logistics outsourcing
14. Hospital department for people who suddenly become ill or are hurt in an accident.
discrimination
brand
brand equity
A & E (Accident & Emergency)
15. Protective eyewear worn when working with chemicals or dangerous machines.
goggles
supply chain
break-even point
secret ballot
16. A place for the reception - delivery - consolidation - distribution and storage of goods and cargo.
lead-time
turnaround
warehouse
norm
17. An invasion of someone's private life without due cause.
electronic trail
turnaround
breach of privacy
life cycle
18. Damage or hurt experienced by a person or animal.
sexual privacy
business mission
injury
key performance indicator
19. The right to have your political view kept secret.
political privacy
sexual privacy
in transit
medical privacy
20. The purchase of a business based on the company's cash recipts and the belief positive cash flow will continue.
intermodal transport
market penetration strategy
corporation
Leveraged Buy-Out
21. Things which are likely or feasible.
possibilities
market segmentation
stakeholder
medical privacy
22. Finding out or ascertaining something previously unknown.
full containerships
electronic trail
discovery
skimming pricing strategy
23. Earnings Before Interest - Taxes - Depreciation and Amortization.
trade secret
hose
EBITDA
CCTV (closed-circuit television)
24. Information officially declared secret - such as classified documents or material that are available only to particular people.
TEU
classified information
analysis
feedback
25. The relationship between technology and the legal right to privacy in the collection and sharing of data about oneself.
sexual privacy
director
goodwill
information privacy
26. A delivery which is currently between its source and destination.
positioning
breach of privacy
inventory
in transit
27. Events which are beyond the control of a carrier like war - earthquakes or floods.
common stock
Leveraged Buy-Out
force majeure
internet privacy
28. A marketing strategy where a company tries to gain greater dominance in a market - for example - by offering special prices.
dividend
market penetration strategy
corporation
acid test
29. The sale of part-ownership in a venture to gain additional capital for a start-up.
equity financing
entrepreneuer
surveillance
franchise
30. The system of technology - people - organizations etc involved in moving services or products from supplier to customer.
adaptive firm
bed & breakfast
pallet
supply chain
31. A unit of measure for liquids equivalent to 42 gallons.
FEU
barrel (BBL)
equity financing
surveillance
32. A person who is on the managing board of a business.
share capital
analysis
director
anonymity
33. A person who is involved in a situation in addition to the two main participants.
MTBF (Mean Time Between Failures)
EBIT
third party
no-show
34. One of the documents required by a firm to become a limited company.
memorandum of association
fiscal year
political privacy
first aid
35. Service taking cargo from a regional port or airport to a central hub for a long-haul voyage.
differentiation
anonymity
feeder service
bonded warehouse
36. Ships especially designed for trucks to drive into them using internal ramps.
feedback
analysis
injury
Roll-on/Roll-off vessels
37. Ships fitted with tanks to carry liquid or gas cargoes.
accommodation
common stock
valid
tankers
38. Device containing water - foam or powder used to put out a fire.
lead-time
bulk carriers
fire extinguisher
Ro/Ro
39. A telephone call requested at a certain time to wake someone up.
sexual privacy
wake-up call
analysis
third party
40. Transportation method where truck trailers with their loads are moved by train to their destination.
piggyback
marketing mix
first aid
medical privacy
41. A piece of information - for example how a certain product is made - which is only known to the company that makes it.
inventory
discovery
director
trade secret
42. The categorization of potential customers into groups based on common characteristics.
market segmentation
A & E (Accident & Emergency)
financial privacy
intermodal transport
43. Steps taken in advance to avoid an accident happening.
ETA
TEU
brand equity
precaution
44. Expenses arising during normal business operations.
operating expenses
officers of a company
fork lift
MTBF (Mean Time Between Failures)
45. The benefit of larger scale production where costs are spread over more units which lowers the average unit cost.
precaution
stalking
turnaround
economies of scale
46. A short description of a company's purpose in relation to customers - products - markets etc.
inventory
business mission
liabilities
fuse
47. A warehouse authorized by customs where goods are stored and no payment is required until the goods are removed.
variable cost
limited liability
bonded warehouse
information privacy
48. The possibility of suffering harm or loss; a danger.
valve
retained earnings
valid
risk
49. A statisitical measure of how well a company is doing in a certain area.
key performance indicator
business mission
sample
CCTV (closed-circuit television)
50. A form of corporate equity ownership giving voting rights.
common stock
creativity
breach of privacy
in transit
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