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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 systematic - independent examination of whether a company's quality procedures are being followed and goals being achieved or not.
quality audit
'eye in the sky' camera
valid
memorandum of association
2. Duties or taxes imposed by the government on imported and exported goods.
Leveraged Buy-Out
differentiation
customs
dividend
3. The right of owners of physical or intellectual property to consume - rent or sell their property.
market segmentation
property rights
acid test
seed capital
4. A defined segment of the market that a product is aimed at.
trespassing
director
target market
US Fourth Amendment
5. Port where cargo enters a country and is unloaded.
Roll-on/Roll-off vessels
fixed cost
dividend
port of entry
6. The amount of money of a company's profits that is distributed to its shareholders.
dividend
entrepreneuer
business mission
freedom of speech
7. The first time a company offers its shares to the public.
ETA
liner
IPO - Initial Public Offering
sexual privacy
8. In a business plan this is the change in the cash balance.
classified information
cash flow
anonymity
consignment
9. When someone breaks your right to privacy.
freighters
invasion of privacy
acid test
entrepreneuer
10. A shipment of goods to a consignee.
consignment
payroll
charity
commission
11. A rectangluar piece of luggage for carrying clothes.
fraud
suitcase
diversification
security
12. Damage or hurt experienced by a person or animal.
property rights
injury
general cargo freighters
freedom of speech
13. The crime of deceiving someone to get money or good illegally.
fraud
spyware
intermodal transport
market capitalization
14. Steps taken in advance to avoid an accident happening.
discovery
bulk cargo
possibilities
precaution
15. A new scientific or technical idea.
air cargo
goggles
accounts receivable
invention
16. Transportation method where truck trailers with their loads are moved by train to their destination.
piggyback
logistics outsourcing
platform
retained earnings
17. The state of remaining unknown to most other people.
anonymity
bulk carriers
identity theft
goggles
18. To make valid by approval - to establish the certainty of something.
discrimination
confirm
acid test
skimming pricing strategy
19. A formal framework for identifying an organization's growth opportunities - strengths - weaknesses - opportunities and threats.
SWOT analysis
accommodation
accreditation
piggyback
20. The point in units sold or sales amount when the expenses will be matched.
force majeure
quality audit
break-even point
commission
21. Cargo which is transported by plane.
bed & breakfast
political privacy
air cargo
no-show
22. Written description of how something should be done.
procedure
market capitalization
ergonomics
venture capitalist
23. A demanding or stimulating situation.
stalking
bonded warehouse
challenge
accuracy
24. List of goods in a store or warehouse.
first aid
Ro/Ro
inventory
director
25. When you allow someone to start a specific business by using your products in exchange for a part of his profits.
franchise
hard hat
brand
procedure
26. Entering land or property without permission from the owner or the right to enter.
freighters
goodwill
life cycle
trespassing
27. A document representing one unit of ownership in a corporation - mutual fund or limited partnership.
limited liability
share
political privacy
cancel
28. Compensation paid to a person on the basis of products sold.
commission
identity theft
diversification
common stock
29. Insurance covering loss or damage of goods at sea.
discovery
Lloyds' Registry
marine insurance
general cargo freighters
30. A short statement describing the main objectives and aims of a business.
mission statement
economies of scale
fork lift
freighters
31. Hospital department for people who suddenly become ill or are hurt in an accident.
just-in-time manufacturing
A & E (Accident & Emergency)
accreditation
Clean Bill of Lading
32. The truck unit onto which freight in a container is loaded.
trailer
spyware
hard hat
lead-time
33. Unfair treatment of a person or group based on prejudice.
return on investment
advice of shipment
discrimination
share capital
34. The time which a seller needs to produce and deliver goods.
lead-time
US Fourth Amendment
payroll
ergonomics
35. Earnings Before Interest - Taxes - Depreciation and Amortization.
fork lift
bed & breakfast
EBITDA
asset turnover
36. Net profits divided by net worth or total equity.
FEU
return on investment
business mission
analysis
37. One of the documents required by a firm to become a limited company.
risk
breach of privacy
assets
memorandum of association
38. The ability to develop new ideas.
risk
IPO - Initial Public Offering
creativity
economies of scale
39. A portion - piece or segment of something that is representative of the whole.
fire extinguisher
freight forwarder
customs
sample
40. Setting a high initial price for a product to create a price-quality idea which early adopters will happily accept.
carousel
platform
skimming pricing strategy
financial privacy
41. Surveillance tools installed on a computer without the users' consent.
consensus
classified information
spyware
customs
42. System where goods are produced as and when they are needed rather than producing items in advance and storing them in a warehouse.
political privacy
sexual privacy
property rights
just-in-time manufacturing
43. Forty-Foot Equivalent Units - a standard size for shipping containers.
accounts payable
FEU
property rights
officers of a company
44. A notice to a buyer that shipment has gone forward which contains details of packing - routing etc.
accounts receivable
brand recognition
advice of shipment
break-even point
45. A process of verifying all information about a company including but not limited to financials - management - market share and risks.
economies of scale
stakeholder
due diligence
customs
46. Vessel designed to carry bulk cargo such as grain or ore.
risk
bulk carriers
carousel
spyware
47. Officials formally appointed to run and represent a company.
FEU
IPO - Initial Public Offering
officers of a company
port of entry
48. Someone who invests in a business partnership without taking part in business affairs. Usually sleeping partners have limited liability.
cash flow
sleeping partner
liner
penetration pricing strategy
49. Fundamental human rights usually protected by law such as freedom of speech and religion.
discovery
liabilities
adaptive firm
civil liberties
50. Expenses for a company which do not change based on production or sales levels.
asset turnover
first aid
unlimited liability
fixed cost