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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. A financial statement showing sales - cost of sales - gross margin - operating expenses etc.
commission
income statement
ergonomics
risk
2. An organization able to respond to and address changes in a market - their environment or industry.
sample
adaptive firm
injury
share capital
3. Finding out or ascertaining something previously unknown.
suitcase
key performance indicator
feeder service
discovery
4. A machine used to pick up and transport goods loaded on pallets.
analysis
acid test
fork lift
carrier
5. 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.
air cargo
liabilities
acid test
break-even analysis
6. Written description of how something should be done.
discrimination
retained earnings
tankers
procedure
7. A person who is involved in a situation in addition to the two main participants.
air cargo
discrimination
intermodal transport
third party
8. Series of questions designed to gather information on a certain topic.
market capitalization
payroll
procedure
survey
9. The characteristic of a measurement regarding how precise it is.
accuracy
brand
bulk carriers
feeder service
10. The obsessive following - observing or contacting of another person.
classified information
stalking
advice of shipment
sample
11. A response or reaction to a piece of information.
track
accuracy
feedback
Bill of Lading
12. General term for ships designed to carry cargo rather than passengers.
freighters
deed of partnership
rights violation
classified information
13. Things which are likely or feasible.
possibilities
wake-up call
corporation
common stock
14. A vessel sailing between specific ports on a regular basis.
medical privacy
quality audit
liner
marketing mix
15. To make valid by approval - to establish the certainty of something.
confirm
general cargo freighters
adaptive firm
equity financing
16. The state of remaining unknown to most other people.
anonymity
'eye in the sky' camera
hard hat
risk
17. A formal framework for identifying an organization's growth opportunities - strengths - weaknesses - opportunities and threats.
discovery
business mission
warehouse
SWOT analysis
18. A notice to a buyer that shipment has gone forward which contains details of packing - routing etc.
payroll
supply chain
in transit
advice of shipment
19. The possibility of suffering harm or loss; a danger.
commission
track
risk
valve
20. Part of the Bill of Rights which provides people with the right to be secure in their persons - houses - papers etc.
internet privacy
carrier
US Fourth Amendment
possibilities
21. A method recognised throughout a business sector as the best way to do something.
best practice
income statement
key performance indicator
MTBF (Mean Time Between Failures)
22. 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
quality audit
tankers
IPO - Initial Public Offering
23. Cargo which is transported by plane.
air cargo
confirm
track
platform
24. The right to say what you want without anyone stopping you.
freedom of speech
brand equity
just-in-time manufacturing
TEU
25. When a company buys another one for more than the asset value the difference is called goodwill.
SWOT analysis
hose
goodwill
economies of scale
26. A receipt for goods issued by a carrier indicated that goods were received without damage or irregularities.
breach of privacy
Clean Bill of Lading
diversification
just-in-time manufacturing
27. Entering land or property without permission from the owner or the right to enter.
trespassing
surveillance
fork lift
return on investment
28. Transporting something using different means of transport - e.g. first on a truck and then on a ship.
intermodal transport
adaptive firm
piggyback
medical privacy
29. Damage or hurt experienced by a person or animal.
track
no-show
injury
accounts payable
30. To decide that an agreed appointment or booking will not take place.
electronic trail
liabilities
customs
cancel
31. The right of owners of physical or intellectual property to consume - rent or sell their property.
property rights
assets
goodwill
EBITDA
32. The truck unit onto which freight in a container is loaded.
liner
benchmark
trailer
market penetration strategy
33. Abbreviation for a standardized container - Twenty-foot equivalent unit.
share capital
TEU
stakeholder
portfolio
34. Setting a relatively low intitial price for a new product in order to win market share.
franchise
confirm
liner
penetration pricing strategy
35. An investment contributed at the early stages of a new venture.
seed capital
benchmark
A & E (Accident & Emergency)
inventory
36. A form of company which has a separate legal identity and limited liabilities.
corporation
best practice
challenge
feeder service
37. List of goods in a store or warehouse.
inventory
commission
memorandum of association
norm
38. The time it takes between the arrival of a vessel or aircraft and its departure.
valve
hose
Ro/Ro
turnaround
39. A model depicting the sales curve of a product split into four stages - introduction - growth - maturity and decline.
life cycle
Companies House
fork lift
peak times
40. The right to have details of your financial transactions kept secret.
carousel
adaptive firm
financial privacy
due diligence
41. When you allow someone to start a specific business by using your products in exchange for a part of his profits.
accuracy
force majeure
Lloyds' Registry
franchise
42. Debts; money that must be paid.
feedback
possibilities
liabilities
logistics
43. Transportation method where truck trailers with their loads are moved by train to their destination.
bonded warehouse
spyware
piggyback
information privacy
44. Metal rails along which a train travels.
track
fork lift
lead-time
invention
45. The time which a seller needs to produce and deliver goods.
advice of shipment
lead-time
CCTV (closed-circuit television)
Bill of Lading
46. The efforts to make a product seem different from rival products or even unique.
possibilities
differentiation
warehouse
rights violation
47. A short description of a company's purpose in relation to customers - products - markets etc.
hard hat
commission
business mission
share
48. Fundamental human rights usually protected by law such as freedom of speech and religion.
accuracy
civil liberties
hard hat
stock exchange
49. Bills to be paid as part of the normal course of business.
due diligence
depreciation
accounts payable
bonded warehouse
50. Letting a third-party company take care of your logistics for you.
logistics outsourcing
brand equity
return on investment
fixed cost