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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. A portion - piece or segment of something that is representative of the whole.
sample
due diligence
common stock
carrier
2. The system of technology - people - organizations etc involved in moving services or products from supplier to customer.
depreciation
supply chain
acid test
platform
3. A small hotel or private house that rents out rooms to sleep in - including breakfast - at reasonable prices.
bed & breakfast
risk
anonymity
cash flow
4. A systematic - independent examination of whether a company's quality procedures are being followed and goals being achieved or not.
IPO - Initial Public Offering
director
break-even analysis
quality audit
5. A rectangluar piece of luggage for carrying clothes.
suitcase
dividend
MTBF (Mean Time Between Failures)
platform
6. Series of questions designed to gather information on a certain topic.
financial privacy
inventory
survey
memorandum of association
7. A demanding or stimulating situation.
peak times
challenge
positioning
force majeure
8. Steps taken in advance to avoid an accident happening.
precaution
depreciation
Companies House
stakeholder
9. Someone who starts a new business venture often involving innovation and risk taking.
fork lift
discovery
MTBF (Mean Time Between Failures)
entrepreneuer
10. Damage or hurt experienced by a person or animal.
injury
piggyback
accreditation
carousel
11. The state of remaining unknown to most other people.
anonymity
hose
analysis
peak times
12. Protective eyewear worn when working with chemicals or dangerous machines.
goggles
break-even analysis
bed & breakfast
survey
13. When all members of a group agree to support a decision even if they don't agree with it.
sample
consensus
liner
risk
14. Setting a high initial price for a product to create a price-quality idea which early adopters will happily accept.
life cycle
marketing mix
skimming pricing strategy
precaution
15. A financial statement showing sales - cost of sales - gross margin - operating expenses etc.
market segmentation
surveillance
income statement
franchise
16. A telephone call requested at a certain time to wake someone up.
accounts payable
director
retained earnings
wake-up call
17. The first time a company offers its shares to the public.
adaptive firm
security
accreditation
IPO - Initial Public Offering
18. A document representing one unit of ownership in a corporation - mutual fund or limited partnership.
liner
feeder service
Leveraged Buy-Out
share
19. The categorization of potential customers into groups based on common characteristics.
market segmentation
piggyback
breach of privacy
Ro/Ro
20. Written description of how something should be done.
break bulk
venture capitalist
break-even point
procedure
21. Anyone who has an interest in the success of an organization - e.g. the owner - employees - shareholders.
officers of a company
medical privacy
stakeholder
suitcase
22. Officials formally appointed to run and represent a company.
port of entry
officers of a company
analysis
asset turnover
23. Shaping a companies' offering and image to occupy a unique and valued place in the customer's mind.
operating expenses
just-in-time manufacturing
bulk carriers
positioning
24. A planned - temporary break in a journey - for instance to change planes.
injury
diversification
stopover
liabilities
25. A warehouse authorized by customs where goods are stored and no payment is required until the goods are removed.
bonded warehouse
stopover
fire extinguisher
fiscal year
26. The point in units sold or sales amount when the expenses will be matched.
piggyback
sleeping partner
stock exchange
break-even point
27. Port where cargo enters a country and is unloaded.
Leveraged Buy-Out
warehouse
turnaround
port of entry
28. The year as used in accounting which can begin and end in any month as the company sees fit.
freight forwarder
fiscal year
goggles
assets
29. Expenses arising during normal business operations.
business mission
stalking
survey
operating expenses
30. Things which are likely or feasible.
seed capital
Roll-on/Roll-off vessels
piggyback
possibilities
31. The granting of power to perform various acts or duties.
penetration pricing strategy
bonded warehouse
accreditation
commission
32. A wealthy person who invests in a start-up company.
property rights
invention
venture capitalist
accreditation
33. The benefit of larger scale production where costs are spread over more units which lowers the average unit cost.
corporation
economies of scale
identity theft
EBITDA
34. A place to live - work - stay in : rented/temporary/furnished accommodation.
internet privacy
confirm
A & E (Accident & Emergency)
accommodation
35. An invasion of someone's private life without due cause.
sample
breach of privacy
tankers
classified information
36. A method recognised throughout a business sector as the best way to do something.
carousel
bulk carriers
stock exchange
best practice
37. The planning - implementation and control of flow and storage of goods.
precaution
variable cost
logistics
memorandum of association
38. Letting a third-party company take care of your logistics for you.
EBITDA
life cycle
logistics outsourcing
feedback
39. Electronic records of phone calls - bank transactions etc which paint a picture of what a person did - where and when.
operating expenses
electronic trail
cash flow
life cycle
40. 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.
Clean Bill of Lading
liabilities
acid test
analysis
41. Unfair treatment of a person or group based on prejudice.
EBITDA
discrimination
accreditation
carrier
42. Wages - salaries and other forms of employee compensation.
carrier
payroll
tankers
warehouse
43. A marketing strategy where a company tries to gain greater dominance in a market - for example - by offering special prices.
variable cost
market penetration strategy
creativity
barrel (BBL)
44. Estimated Time of Arrival.
venture capitalist
TEU
ETA
unlimited liability
45. An investment contributed at the early stages of a new venture.
retained earnings
seed capital
classified information
property rights
46. To unload and distribute some or all the contents of a rail car - container or trailer.
lead-time
break bulk
fraud
acid test
47. The relationship between technology and the legal right to privacy in the collection and sharing of data about oneself.
rights violation
acid test
information privacy
business mission
48. The crime of deceiving someone to get money or good illegally.
fraud
FEU
US Fourth Amendment
variable cost
49. Raised flat area beside a train track for entering or exiting a train.
retained earnings
hard hat
political privacy
platform
50. The right to privacy and control of your information on the internet.
internet privacy
financial privacy
political privacy
differentiation