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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. Earnings which are reinvested in the company rather than paid out as dividends.
mission statement
break-even point
retained earnings
breach of privacy
2. Someone who acts as an agent on behalf of a shipper.
barrel (BBL)
freight forwarder
injury
officers of a company
3. The idea that anything you tell your doctor will remain confidential.
medical privacy
charity
Clean Bill of Lading
marine insurance
4. The purchase of a business based on the company's cash recipts and the belief positive cash flow will continue.
Leveraged Buy-Out
spyware
internet privacy
fire extinguisher
5. The year as used in accounting which can begin and end in any month as the company sees fit.
IPO - Initial Public Offering
carrier
accreditation
fiscal year
6. Ceiling-mounted camera used in stores and casinos etc to monitor customers.
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7. Port where cargo enters a country and is unloaded.
port of entry
wake-up call
MTBF (Mean Time Between Failures)
return on investment
8. A short description of a company's purpose in relation to customers - products - markets etc.
quality audit
SWOT analysis
business mission
skimming pricing strategy
9. An investment contributed at the early stages of a new venture.
fixed cost
seed capital
creativity
assets
10. The truck unit onto which freight in a container is loaded.
MTBF (Mean Time Between Failures)
air cargo
trailer
franchise
11. Device which breaks to stop the flow of current in the event of an overload.
hard hat
freight forwarder
fuse
spyware
12. A person who is on the managing board of a business.
port of entry
trailer
accuracy
director
13. A telephone call requested at a certain time to wake someone up.
fraud
wake-up call
marketing mix
in transit
14. Finding out or ascertaining something previously unknown.
liner
discovery
A & E (Accident & Emergency)
memorandum of association
15. One of the documents required by a firm to become a limited company.
MTBF (Mean Time Between Failures)
memorandum of association
charity
business mission
16. A formal framework for identifying an organization's growth opportunities - strengths - weaknesses - opportunities and threats.
ETA
spyware
air cargo
SWOT analysis
17. Service taking cargo from a regional port or airport to a central hub for a long-haul voyage.
hose
feeder service
third party
property rights
18. A systematic - independent examination of whether a company's quality procedures are being followed and goals being achieved or not.
customs
officers of a company
fire extinguisher
quality audit
19. Cargo ships not specialised in one type of cargo unlike a full containership.
'eye in the sky' camera
depreciation
general cargo freighters
ETA
20. Raised flat area beside a train track for entering or exiting a train.
identity theft
platform
norm
trespassing
21. Shaping a companies' offering and image to occupy a unique and valued place in the customer's mind.
share capital
differentiation
positioning
share
22. Shortened form of Roll on/Roll off meaning a ship which trucks can drive straight onto without the need for cranes.
sleeping partner
discrimination
risk
Ro/Ro
23. When a company produces a product of a type they have not previously made.
norm
Companies House
logistics
diversification
24. The total value of the money invested into a company by its shareholders.
accreditation
stopover
share capital
ETA
25. List of goods in a store or warehouse.
internet privacy
feedback
ETA
inventory
26. A company where the owners are personally liable for the debts of the company.
feeder service
unlimited liability
discrimination
sample
27. Estimated Time of Arrival.
ETA
marine insurance
logistics
accommodation
28. When a company buys another one for more than the asset value the difference is called goodwill.
goodwill
bonded warehouse
force majeure
stopover
29. Officials formally appointed to run and represent a company.
cash flow
first aid
officers of a company
commission
30. A rectangluar piece of luggage for carrying clothes.
suitcase
bulk cargo
stopover
Ro/Ro
31. Compensation paid to a person on the basis of products sold.
customs
force majeure
commission
tankers
32. 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)
FEU
full containerships
market penetration strategy
33. An agreement that regulates the rights and obligations of shareholders.
fixed cost
deed of partnership
bulk carriers
EBITDA
34. The right to have your sexual orientation and practices remain secret.
sexual privacy
medical privacy
surveillance
accreditation
35. A short statement describing the main objectives and aims of a business.
corporation
discrimination
mission statement
liner
36. A response or reaction to a piece of information.
injury
market penetration strategy
charity
feedback
37. Part of the Bill of Rights which provides people with the right to be secure in their persons - houses - papers etc.
best practice
secret ballot
sleeping partner
US Fourth Amendment
38. Sales divided by total assets.
director
target market
marine insurance
asset turnover
39. The planning - implementation and control of flow and storage of goods.
logistics
common stock
Companies House
stock exchange
40. Entering land or property without permission from the owner or the right to enter.
diversification
trespassing
creativity
political privacy
41. The crime of deceiving someone to get money or good illegally.
market penetration strategy
assets
classified information
fraud
42. A planned - temporary break in a journey - for instance to change planes.
turnaround
memorandum of association
assets
stopover
43. The ability to develop new ideas.
cancel
challenge
life cycle
creativity
44. Surveillance tools installed on a computer without the users' consent.
civil liberties
spyware
dividend
due diligence
45. Things which are likely or feasible.
possibilities
civil liberties
Ro/Ro
trade secret
46. An invasion of someone's private life without due cause.
break-even point
procedure
breach of privacy
depreciation
47. Activities involved in protecting a country - building or person against danger or attack.
carousel
life cycle
accounts receivable
security
48. Written description of how something should be done.
liner
benchmark
procedure
market capitalization
49. A unit of measure for liquids equivalent to 42 gallons.
barrel (BBL)
sleeping partner
in transit
marketing mix
50. The state of remaining unknown to most other people.
Leveraged Buy-Out
key performance indicator
limited liability
anonymity