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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. Service taking cargo from a regional port or airport to a central hub for a long-haul voyage.
possibilities
fraud
deed of partnership
feeder service
2. A short statement describing the main objectives and aims of a business.
financial privacy
suitcase
asset turnover
mission statement
3. A company that moves goods or passengers from one place to another.
Lloyds' Registry
liabilities
accuracy
carrier
4. A name - term - sign - symbol - design or combination of these used to uniquely identify a producer's goods.
brand
peak times
general cargo freighters
CCTV (closed-circuit television)
5. A government office which registers information on every company on the British market and circulates them to stakeholders.
invention
market capitalization
Companies House
discovery
6. A voting system where each vote is kept private.
suitcase
secret ballot
seed capital
norm
7. The purchase of a business based on the company's cash recipts and the belief positive cash flow will continue.
valid
freighters
Leveraged Buy-Out
track
8. A person who is on the managing board of a business.
quality audit
director
first aid
market capitalization
9. The times of highest demand for a product or service.
entrepreneuer
peak times
full containerships
franchise
10. When a company produces a product of a type they have not previously made.
general cargo freighters
cash flow
diversification
identity theft
11. A test of a company's ability to meet its immediate cash requirements: short-term assets minus accounts receivable and inventory - divided by short-term liabilities.
sample
acid test
internet privacy
air cargo
12. A place for the reception - delivery - consolidation - distribution and storage of goods and cargo.
internet privacy
warehouse
discrimination
pallet
13. Hospital department for people who suddenly become ill or are hurt in an accident.
A & E (Accident & Emergency)
information privacy
accreditation
return on investment
14. A new scientific or technical idea.
invention
deed of partnership
depreciation
barrel (BBL)
15. Vessel designed to carry bulk cargo such as grain or ore.
freight forwarder
Ro/Ro
market capitalization
bulk carriers
16. 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.
return on investment
stock exchange
advice of shipment
benchmark
17. Costs that fluctuate in direct relation to the volume of units produced.
marine insurance
track
carrier
variable cost
18. Things which are likely or feasible.
piggyback
accounts payable
possibilities
fixed cost
19. The efforts to make a product seem different from rival products or even unique.
charity
differentiation
analysis
payroll
20. List of goods in a store or warehouse.
goggles
unlimited liability
inventory
assets
21. Cargo which is booked but does not arrive in time to be loaded onto a vessel.
no-show
mission statement
advice of shipment
SWOT analysis
22. A financial statement showing sales - cost of sales - gross margin - operating expenses etc.
limited liability
income statement
key performance indicator
invasion of privacy
23. Setting a relatively low intitial price for a new product in order to win market share.
liner
piggyback
penetration pricing strategy
goggles
24. A measure of the average time between failures in a system - the higher the amount - the more reliable the thing is.
MTBF (Mean Time Between Failures)
internet privacy
fork lift
goodwill
25. A receipt for goods issued by a carrier indicated that goods were received without damage or irregularities.
Clean Bill of Lading
just-in-time manufacturing
adaptive firm
diversification
26. Positions customer's relative perceptions of one brand in comparison to other competitive alternatives.
brand recognition
confirm
corporation
A & E (Accident & Emergency)
27. To make valid by approval - to establish the certainty of something.
confirm
penetration pricing strategy
tankers
adaptive firm
28. Ships especially designed for trucks to drive into them using internal ramps.
unlimited liability
SWOT analysis
force majeure
Roll-on/Roll-off vessels
29. A flexible tube used to transport liquids or gas.
identity theft
brand equity
Companies House
hose
30. Useable or acceptable.
Companies House
market segmentation
valid
best practice
31. Device which breaks to stop the flow of current in the event of an overload.
fuse
anonymity
asset turnover
'eye in the sky' camera
32. Entering land or property without permission from the owner or the right to enter.
hose
feedback
inventory
trespassing
33. When a company buys another one for more than the asset value the difference is called goodwill.
goodwill
'eye in the sky' camera
goggles
variable cost
34. The right to have your political view kept secret.
fiscal year
consensus
political privacy
no-show
35. Shortened form of Roll on/Roll off meaning a ship which trucks can drive straight onto without the need for cranes.
Ro/Ro
supply chain
ergonomics
third party
36. Abbreviation for a standardized container - Twenty-foot equivalent unit.
marketing mix
ETA
TEU
suitcase
37. The amount of money of a company's profits that is distributed to its shareholders.
dividend
corporation
EBIT
first aid
38. Estimated Time of Arrival.
break-even point
ETA
stock exchange
cancel
39. The truck unit onto which freight in a container is loaded.
trailer
fuse
retained earnings
ETA
40. When someone breaks your right to privacy.
limited liability
invasion of privacy
IPO - Initial Public Offering
seed capital
41. Earnings which are reinvested in the company rather than paid out as dividends.
peak times
electronic trail
track
retained earnings
42. An invasion of someone's private life without due cause.
stalking
just-in-time manufacturing
EBITDA
breach of privacy
43. The relationship between technology and the legal right to privacy in the collection and sharing of data about oneself.
fork lift
information privacy
acid test
skimming pricing strategy
44. Business wholly owned by its employees with the emphasis on group decision making.
co-operative
trailer
surveillance
discovery
45. A process of verifying all information about a company including but not limited to financials - management - market share and risks.
trespassing
supply chain
due diligence
possibilities
46. A wealthy person who invests in a start-up company.
suitcase
venture capitalist
share
deed of partnership
47. System where goods are produced as and when they are needed rather than producing items in advance and storing them in a warehouse.
pallet
risk
commission
just-in-time manufacturing
48. Mechanical device controlling the flow of a gas or liquid in a system.
valve
SWOT analysis
general cargo freighters
franchise
49. A model depicting the sales curve of a product split into four stages - introduction - growth - maturity and decline.
share
freight forwarder
life cycle
accreditation
50. A place to live - work - stay in : rented/temporary/furnished accommodation.
accommodation
payroll
A & E (Accident & Emergency)
secret ballot