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Test your basic knowledge |
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. Documents used to procure freight and express transportation and services from commercial carriers.
asset turnover
bonded warehouse
sample
Bill of Lading
2. The categorization of potential customers into groups based on common characteristics.
differentiation
port of entry
market segmentation
fire extinguisher
3. Expenses arising during normal business operations.
operating expenses
payroll
information privacy
accommodation
4. Device containing water - foam or powder used to put out a fire.
in transit
fire extinguisher
stakeholder
market capitalization
5. The point in units sold or sales amount when the expenses will be matched.
acid test
property rights
trailer
break-even point
6. Someone who starts a new business venture often involving innovation and risk taking.
survey
TEU
consensus
entrepreneuer
7. Steps taken in advance to avoid an accident happening.
precaution
barrel (BBL)
consignment
fuse
8. A person who is involved in a situation in addition to the two main participants.
third party
share capital
goggles
piggyback
9. Port where cargo enters a country and is unloaded.
marketing mix
port of entry
bonded warehouse
inventory
10. A short statement describing the main objectives and aims of a business.
mission statement
analysis
challenge
third party
11. A formal framework for identifying an organization's growth opportunities - strengths - weaknesses - opportunities and threats.
property rights
SWOT analysis
in transit
intermodal transport
12. A form of corporate equity ownership giving voting rights.
goggles
franchise
sexual privacy
common stock
13. The right to have your political view kept secret.
political privacy
secret ballot
carrier
full containerships
14. Activities involved in protecting a country - building or person against danger or attack.
bulk carriers
officers of a company
security
fixed cost
15. The ability to develop new ideas.
Clean Bill of Lading
sleeping partner
bulk cargo
creativity
16. A company that moves goods or passengers from one place to another.
carrier
medical privacy
spyware
share
17. Duties or taxes imposed by the government on imported and exported goods.
Companies House
breach of privacy
trailer
customs
18. Device which breaks to stop the flow of current in the event of an overload.
invasion of privacy
share capital
retained earnings
fuse
19. The truck unit onto which freight in a container is loaded.
trailer
freedom of speech
medical privacy
MTBF (Mean Time Between Failures)
20. A financial statement showing sales - cost of sales - gross margin - operating expenses etc.
lead-time
income statement
franchise
trailer
21. Cargo which is transported by plane.
'eye in the sky' camera
air cargo
wake-up call
skimming pricing strategy
22. Ships fitted with tanks to carry liquid or gas cargoes.
suitcase
US Fourth Amendment
tankers
A & E (Accident & Emergency)
23. List of goods in a store or warehouse.
ETA
inventory
in transit
accommodation
24. The right of owners of physical or intellectual property to consume - rent or sell their property.
brand equity
key performance indicator
property rights
EBITDA
25. Transporting something using different means of transport - e.g. first on a truck and then on a ship.
franchise
intermodal transport
share capital
feedback
26. A new scientific or technical idea.
invention
best practice
memorandum of association
portfolio
27. Cargo which is booked but does not arrive in time to be loaded onto a vessel.
US Fourth Amendment
memorandum of association
no-show
seed capital
28. Entering land or property without permission from the owner or the right to enter.
cash flow
barrel (BBL)
trespassing
logistics
29. The complete range of a company's offerings including products and services.
Bill of Lading
break-even point
fuse
portfolio
30. Finding out or ascertaining something previously unknown.
discovery
goodwill
challenge
fire extinguisher
31. An invasion of someone's private life without due cause.
breach of privacy
logistics
fire extinguisher
bulk cargo
32. A process of verifying all information about a company including but not limited to financials - management - market share and risks.
venture capitalist
due diligence
goggles
trade secret
33. A company where the owners are personally liable for the debts of the company.
unlimited liability
diversification
depreciation
carousel
34. A standard used to compare some aspect of a business to an external measure.
skimming pricing strategy
Clean Bill of Lading
benchmark
liabilities
35. A shipment of goods to a consignee.
survey
break-even point
consignment
medical privacy
36. Activities including product - method of distribution - method of advertising which all affect how a product is marketing.
marketing mix
brand
'eye in the sky' camera
precaution
37. Earnings which are reinvested in the company rather than paid out as dividends.
trailer
mission statement
retained earnings
fraud
38. Ships especially designed for trucks to drive into them using internal ramps.
possibilities
Roll-on/Roll-off vessels
identity theft
bed & breakfast
39. Officials formally appointed to run and represent a company.
memorandum of association
goggles
brand equity
officers of a company
40. Anyone who has an interest in the success of an organization - e.g. the owner - employees - shareholders.
no-show
procedure
stakeholder
'eye in the sky' camera
41. The efforts to make a product seem different from rival products or even unique.
carrier
officers of a company
differentiation
full containerships
42. Surveillance tools installed on a computer without the users' consent.
retained earnings
skimming pricing strategy
spyware
break-even analysis
43. Initial medical attention given to someone in the event of an accident or sudden illness.
invasion of privacy
first aid
fuse
spyware
44. Estimated Time of Arrival.
variable cost
Companies House
ETA
fork lift
45. The amount of money of a company's profits that is distributed to its shareholders.
trespassing
dividend
IPO - Initial Public Offering
Companies House
46. The organization that surveys and classifies ships for insurance companies.
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47. Net profits divided by net worth or total equity.
business mission
marine insurance
return on investment
due diligence
48. The times of highest demand for a product or service.
peak times
challenge
anonymity
stopover
49. 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.
mission statement
fixed cost
CCTV (closed-circuit television)
stock exchange
50. 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.
bonded warehouse
security
limited liability
platform
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