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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. Someone who invests in a business partnership without taking part in business affairs. Usually sleeping partners have limited liability.
Lloyds' Registry
identity theft
sleeping partner
trailer
2. An agreement that regulates the rights and obligations of shareholders.
confirm
deed of partnership
inventory
lead-time
3. Someone who starts a new business venture often involving innovation and risk taking.
norm
ergonomics
entrepreneuer
bulk cargo
4. A shipment of goods to a consignee.
brand recognition
brand
Clean Bill of Lading
consignment
5. Earnings Before Interest - Taxes - Depreciation and Amortization.
EBITDA
depreciation
market capitalization
liabilities
6. The time which a seller needs to produce and deliver goods.
injury
lead-time
brand recognition
depreciation
7. A test of a company's ability to meet its immediate cash requirements: short-term assets minus accounts receivable and inventory - divided by short-term liabilities.
carousel
acid test
goggles
no-show
8. Hospital department for people who suddenly become ill or are hurt in an accident.
freighters
common stock
market penetration strategy
A & E (Accident & Emergency)
9. Cargo ships not specialised in one type of cargo unlike a full containership.
valid
general cargo freighters
carousel
port of entry
10. Device containing water - foam or powder used to put out a fire.
fire extinguisher
turnaround
bulk cargo
freighters
11. A model depicting the sales curve of a product split into four stages - introduction - growth - maturity and decline.
inventory
entrepreneuer
life cycle
mission statement
12. A rectangluar piece of luggage for carrying clothes.
suitcase
deed of partnership
identity theft
franchise
13. The right to privacy and control of your information on the internet.
internet privacy
CCTV (closed-circuit television)
stakeholder
confirm
14. A marketing strategy where a company tries to gain greater dominance in a market - for example - by offering special prices.
risk
payroll
sexual privacy
market penetration strategy
15. Debts; money that must be paid.
fixed cost
fire extinguisher
liabilities
TEU
16. Net profits divided by net worth or total equity.
return on investment
hose
electronic trail
brand
17. A flexible tube used to transport liquids or gas.
freighters
hose
break-even analysis
limited liability
18. The year as used in accounting which can begin and end in any month as the company sees fit.
fiscal year
general cargo freighters
accreditation
port of entry
19. Events which are beyond the control of a carrier like war - earthquakes or floods.
force majeure
risk
sexual privacy
payroll
20. Earnings Before Interest and Taxes.
TEU
EBIT
advice of shipment
income statement
21. The purchase of a business based on the company's cash recipts and the belief positive cash flow will continue.
Leveraged Buy-Out
corporation
platform
diversification
22. The right to say what you want without anyone stopping you.
penetration pricing strategy
freedom of speech
accreditation
'eye in the sky' camera
23. Series of questions designed to gather information on a certain topic.
survey
sleeping partner
payroll
spyware
24. Ships especially designed for trucks to drive into them using internal ramps.
trailer
Roll-on/Roll-off vessels
liabilities
bed & breakfast
25. Abbreviation for a standardized container - Twenty-foot equivalent unit.
'eye in the sky' camera
precaution
MTBF (Mean Time Between Failures)
TEU
26. A formal framework for identifying an organization's growth opportunities - strengths - weaknesses - opportunities and threats.
fork lift
accounts receivable
first aid
SWOT analysis
27. System where goods are produced as and when they are needed rather than producing items in advance and storing them in a warehouse.
just-in-time manufacturing
stakeholder
platform
goggles
28. Entering land or property without permission from the owner or the right to enter.
break bulk
break-even analysis
liner
trespassing
29. A unit of measure for liquids equivalent to 42 gallons.
differentiation
barrel (BBL)
market capitalization
Roll-on/Roll-off vessels
30. Setting a relatively low intitial price for a new product in order to win market share.
market capitalization
marine insurance
MTBF (Mean Time Between Failures)
penetration pricing strategy
31. The total value of all the outstanding shares of a publicly-traded company.
market capitalization
pallet
US Fourth Amendment
fiscal year
32. When all members of a group agree to support a decision even if they don't agree with it.
consensus
trade secret
quality audit
stock exchange
33. A warehouse authorized by customs where goods are stored and no payment is required until the goods are removed.
risk
asset turnover
bonded warehouse
fixed cost
34. Ceiling-mounted camera used in stores and casinos etc to monitor customers.
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35. A vessel sailing between specific ports on a regular basis.
liner
logistics outsourcing
franchise
fire extinguisher
36. The idea that anything you tell your doctor will remain confidential.
deed of partnership
sample
medical privacy
accreditation
37. The times of highest demand for a product or service.
deed of partnership
peak times
advice of shipment
turnaround
38. An invasion of someone's private life without due cause.
secret ballot
market capitalization
share capital
breach of privacy
39. Forty-Foot Equivalent Units - a standard size for shipping containers.
equity financing
FEU
stopover
Leveraged Buy-Out
40. General term for ships designed to carry cargo rather than passengers.
classified information
asset turnover
freighters
peak times
41. Information officially declared secret - such as classified documents or material that are available only to particular people.
'eye in the sky' camera
Leveraged Buy-Out
market capitalization
classified information
42. A statisitical measure of how well a company is doing in a certain area.
key performance indicator
valid
venture capitalist
logistics
43. A short statement describing the main objectives and aims of a business.
mission statement
tankers
warehouse
sleeping partner
44. Finding out or ascertaining something previously unknown.
discovery
goodwill
benchmark
dividend
45. The right of owners of physical or intellectual property to consume - rent or sell their property.
norm
A & E (Accident & Emergency)
property rights
third party
46. A new scientific or technical idea.
share
sample
invention
hose
47. Raised flat area beside a train track for entering or exiting a train.
platform
carousel
suitcase
identity theft
48. A portion - piece or segment of something that is representative of the whole.
supply chain
business mission
director
sample
49. A systematic - independent examination of whether a company's quality procedures are being followed and goals being achieved or not.
quality audit
sleeping partner
in transit
Clean Bill of Lading
50. When you allow someone to start a specific business by using your products in exchange for a part of his profits.
financial privacy
target market
equity financing
franchise
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