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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.
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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.
share capital
break bulk
internet privacy
income statement
2. Earnings which are reinvested in the company rather than paid out as dividends.
security
valve
retained earnings
market penetration strategy
3. Information officially declared secret - such as classified documents or material that are available only to particular people.
classified information
stopover
hard hat
sleeping partner
4. Expenses for a company which do not change based on production or sales levels.
creativity
Companies House
fixed cost
warehouse
5. Property that a business owns - including cash and receivables - inventory etc.
invasion of privacy
assets
income statement
just-in-time manufacturing
6. A technique used to assess expected profitability of a company or single product.
break-even analysis
brand equity
charity
retained earnings
7. The state of remaining unknown to most other people.
warehouse
anonymity
tankers
dividend
8. Series of questions designed to gather information on a certain topic.
survey
FEU
tankers
track
9. A moving belt you collect baggage from at the airport.
feeder service
carousel
quality audit
stakeholder
10. Setting a relatively low intitial price for a new product in order to win market share.
accounts receivable
penetration pricing strategy
force majeure
consensus
11. The times of highest demand for a product or service.
peak times
limited liability
rights violation
goggles
12. Shaping a companies' offering and image to occupy a unique and valued place in the customer's mind.
turnaround
limited liability
positioning
fire extinguisher
13. A form of company which has a separate legal identity and limited liabilities.
cancel
corporation
break-even analysis
discovery
14. A portion - piece or segment of something that is representative of the whole.
air cargo
sample
hose
discovery
15. Device containing water - foam or powder used to put out a fire.
marine insurance
Ro/Ro
carousel
fire extinguisher
16. The right to have details of your financial transactions kept secret.
financial privacy
goggles
invention
freighters
17. The crime of deceiving someone to get money or good illegally.
fixed cost
wake-up call
fraud
track
18. A place for the reception - delivery - consolidation - distribution and storage of goods and cargo.
warehouse
discrimination
assets
customs
19. An investment contributed at the early stages of a new venture.
market segmentation
marketing mix
just-in-time manufacturing
seed capital
20. Steps taken in advance to avoid an accident happening.
life cycle
precaution
stock exchange
adaptive firm
21. Goods which are shipped loose in the hold of a ship.
assets
discrimination
bulk cargo
payroll
22. Sales divided by total assets.
payroll
break bulk
due diligence
asset turnover
23. To unload and distribute some or all the contents of a rail car - container or trailer.
force majeure
brand
break bulk
fork lift
24. Fundamental human rights usually protected by law such as freedom of speech and religion.
civil liberties
carousel
break bulk
accuracy
25. A demanding or stimulating situation.
IPO - Initial Public Offering
variable cost
bulk carriers
challenge
26. Letting a third-party company take care of your logistics for you.
feedback
adaptive firm
warehouse
logistics outsourcing
27. A piece of information - for example how a certain product is made - which is only known to the company that makes it.
valve
trade secret
creativity
sleeping partner
28. Cargo which is booked but does not arrive in time to be loaded onto a vessel.
wake-up call
supply chain
charity
no-show
29. Shortened form of Roll on/Roll off meaning a ship which trucks can drive straight onto without the need for cranes.
co-operative
assets
Ro/Ro
memorandum of association
30. Someone who invests in a business partnership without taking part in business affairs. Usually sleeping partners have limited liability.
discrimination
sleeping partner
fraud
franchise
31. Entering land or property without permission from the owner or the right to enter.
trespassing
confirm
trade secret
Bill of Lading
32. Business wholly owned by its employees with the emphasis on group decision making.
air cargo
classified information
co-operative
franchise
33. The right to say what you want without anyone stopping you.
fiscal year
political privacy
freedom of speech
peak times
34. A formal framework for identifying an organization's growth opportunities - strengths - weaknesses - opportunities and threats.
barrel (BBL)
SWOT analysis
common stock
advice of shipment
35. Cargo ships not specialised in one type of cargo unlike a full containership.
stalking
general cargo freighters
pallet
Lloyds' Registry
36. The first time a company offers its shares to the public.
US Fourth Amendment
diversification
Companies House
IPO - Initial Public Offering
37. A receipt for goods issued by a carrier indicated that goods were received without damage or irregularities.
business mission
Clean Bill of Lading
feeder service
retained earnings
38. Monitoring of public places using video cameras.
CCTV (closed-circuit television)
asset turnover
break-even point
payroll
39. The right to have your political view kept secret.
brand recognition
TEU
full containerships
political privacy
40. The expected behaviour or standard for something.
force majeure
bonded warehouse
break-even point
norm
41. Someone who acts as an agent on behalf of a shipper.
diversification
freight forwarder
accounts payable
marketing mix
42. A small hotel or private house that rents out rooms to sleep in - including breakfast - at reasonable prices.
full containerships
discovery
norm
bed & breakfast
43. 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.
seed capital
possibilities
director
limited liability
44. A delivery which is currently between its source and destination.
bulk cargo
in transit
fuse
marketing mix
45. A process of verifying all information about a company including but not limited to financials - management - market share and risks.
marine insurance
stakeholder
due diligence
Ro/Ro
46. A place to live - work - stay in : rented/temporary/furnished accommodation.
pallet
classified information
co-operative
accommodation
47. A response or reaction to a piece of information.
in transit
feedback
suitcase
port of entry
48. The year as used in accounting which can begin and end in any month as the company sees fit.
portfolio
fiscal year
fork lift
hard hat
49. Anyone who has an interest in the success of an organization - e.g. the owner - employees - shareholders.
venture capitalist
valid
memorandum of association
stakeholder
50. Activities including product - method of distribution - method of advertising which all affect how a product is marketing.
commission
carousel
marketing mix
Leveraged Buy-Out
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