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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. Device which breaks to stop the flow of current in the event of an overload.
discrimination
unlimited liability
fuse
cancel
2. A model depicting the sales curve of a product split into four stages - introduction - growth - maturity and decline.
charity
bulk carriers
life cycle
carousel
3. A person who is involved in a situation in addition to the two main participants.
fraud
officers of a company
anonymity
third party
4. Finding out or ascertaining something previously unknown.
retained earnings
piggyback
discovery
just-in-time manufacturing
5. Duties or taxes imposed by the government on imported and exported goods.
skimming pricing strategy
customs
wake-up call
ergonomics
6. A company where the owners are personally liable for the debts of the company.
bulk carriers
injury
track
unlimited liability
7. To make valid by approval - to establish the certainty of something.
confirm
brand
payroll
analysis
8. The times of highest demand for a product or service.
customs
peak times
ETA
acid test
9. A moving belt you collect baggage from at the airport.
turnaround
sexual privacy
life cycle
carousel
10. Cargo which is booked but does not arrive in time to be loaded onto a vessel.
best practice
identity theft
no-show
spyware
11. Shortened form of Roll on/Roll off meaning a ship which trucks can drive straight onto without the need for cranes.
marine insurance
differentiation
Ro/Ro
possibilities
12. Debts; money that must be paid.
liabilities
target market
life cycle
accommodation
13. Mechanical device controlling the flow of a gas or liquid in a system.
trade secret
risk
limited liability
valve
14. The amount of money of a company's profits that is distributed to its shareholders.
business mission
share
dividend
skimming pricing strategy
15. An invasion of someone's private life without due cause.
brand recognition
income statement
Roll-on/Roll-off vessels
breach of privacy
16. Net profits divided by net worth or total equity.
stakeholder
valve
return on investment
financial privacy
17. The purchase of a business based on the company's cash recipts and the belief positive cash flow will continue.
Leveraged Buy-Out
information privacy
charity
stopover
18. The crime of deceiving someone to get money or good illegally.
warehouse
stakeholder
full containerships
fraud
19. A name - term - sign - symbol - design or combination of these used to uniquely identify a producer's goods.
brand
accounts receivable
positioning
Ro/Ro
20. The sale of part-ownership in a venture to gain additional capital for a start-up.
memorandum of association
equity financing
stalking
accounts payable
21. A method recognised throughout a business sector as the best way to do something.
sexual privacy
best practice
consensus
liabilities
22. The right to say what you want without anyone stopping you.
freedom of speech
fiscal year
pallet
analysis
23. The right to have details of your financial transactions kept secret.
challenge
financial privacy
positioning
hose
24. Someone who starts a new business venture often involving innovation and risk taking.
common stock
entrepreneuer
advice of shipment
CCTV (closed-circuit television)
25. A wealthy person who invests in a start-up company.
venture capitalist
depreciation
trade secret
life cycle
26. Part of the Bill of Rights which provides people with the right to be secure in their persons - houses - papers etc.
fire extinguisher
US Fourth Amendment
invasion of privacy
adaptive firm
27. Metal rails along which a train travels.
stakeholder
acid test
track
liabilities
28. When someone breaks your right to privacy.
track
wake-up call
invasion of privacy
financial privacy
29. System where goods are produced as and when they are needed rather than producing items in advance and storing them in a warehouse.
valid
just-in-time manufacturing
target market
supply chain
30. When you allow someone to start a specific business by using your products in exchange for a part of his profits.
accounts payable
full containerships
share
franchise
31. The science of making sure people and machines work together as well as possible.
ergonomics
internet privacy
positioning
Roll-on/Roll-off vessels
32. The benefit of larger scale production where costs are spread over more units which lowers the average unit cost.
economies of scale
procedure
differentiation
fiscal year
33. The year as used in accounting which can begin and end in any month as the company sees fit.
barrel (BBL)
share capital
fiscal year
limited liability
34. A vessel sailing between specific ports on a regular basis.
freedom of speech
customs
fixed cost
liner
35. Property that a business owns - including cash and receivables - inventory etc.
assets
income statement
pallet
secret ballot
36. Damage or hurt experienced by a person or animal.
stakeholder
benchmark
FEU
injury
37. The first time a company offers its shares to the public.
variable cost
IPO - Initial Public Offering
director
port of entry
38. Setting a high initial price for a product to create a price-quality idea which early adopters will happily accept.
freight forwarder
TEU
skimming pricing strategy
stakeholder
39. A statisitical measure of how well a company is doing in a certain area.
key performance indicator
EBITDA
logistics outsourcing
peak times
40. The monitoring or close observation of behaviour.
information privacy
surveillance
risk
first aid
41. Earnings Before Interest - Taxes - Depreciation and Amortization.
EBITDA
commission
cancel
security
42. A place to live - work - stay in : rented/temporary/furnished accommodation.
ETA
classified information
accommodation
market capitalization
43. The examination and evaluation of something.
analysis
market penetration strategy
invasion of privacy
variable cost
44. General term for ships designed to carry cargo rather than passengers.
customs
analysis
property rights
freighters
45. The fraudulent use of someone's identity in order to steal money or get other benefits.
ETA
barrel (BBL)
identity theft
consensus
46. An agreement that regulates the rights and obligations of shareholders.
common stock
supply chain
consensus
deed of partnership
47. Forty-Foot Equivalent Units - a standard size for shipping containers.
ETA
force majeure
breach of privacy
FEU
48. Service taking cargo from a regional port or airport to a central hub for a long-haul voyage.
feeder service
liner
skimming pricing strategy
deed of partnership
49. Initial medical attention given to someone in the event of an accident or sudden illness.
port of entry
first aid
venture capitalist
liabilities
50. A demanding or stimulating situation.
invasion of privacy
stalking
challenge
unlimited liability