SUBJECTS
|
BROWSE
|
CAREER CENTER
|
POPULAR
|
JOIN
|
LOGIN
Business Skills
|
Soft Skills
|
Basic Literacy
|
Certifications
About
|
Help
|
Privacy
|
Terms
|
Email
Search
Test your basic knowledge |
Business English Vocab 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. Intangible assets - the legal field relating to copyright - trademarks - patents and related rights.
shelf warmer
otc drug
consumer durables
intellectual property
2. An individual or company buying from someone.
customer
volunteer
shelf warmer
producer goods
3. Payments made like a bribe to encourage an official to allow something or get something done.
in-stock
grease payments
shelf warmer
dead stock
4. A pricing strategy when a retailer tries to sell lots of products using low prices - high stock levels - extensive advertising etc.
questionable payments
leasehold
shopping centre
market penetration
5. Ability to continue for a long time - involving the use of natural products and energy not harmful to the environment.
producer goods
sustainability
benchmarking
discretionary income
6. A card payment system where the cost of goods or services is immediately removed from a bank account.
debit-card system
outsourcing
balance of payments
shopping centre
7. Exclusive ownership of a property for an indefinite period of time.
supplier
freehold
counterfeit
mortgage
8. Over the Counter drug - a medication available directly at a drugstore without a doctor's prescription.
otc drug
consumer non-durables
blight
copyright
9. The right to live in a home on a long-term tenancy.
governance
niche strategy
intellectual property
leasehold
10. A shop where you choose the items you want yourself - take them to the till and pay for them without any assistance from staff.
sustainability
self-service
franchising
duty
11. Something which is a copy or imitation.
over the counter drug
budget deficit
trade deficit
fake
12. Multiple retail units under common ownership.
business sector
tax revenue
NAFTA
chain
13. A small owner-operated store serving a local community.
mom-and-pop store
unemployment rate
market penetration
statutory
14. A sign or symbol used by a company such as the Nike swish logo which is protected by law.
trademark
OECD
foreign exchange
TUC
15. A shop that is usually open long hours and sells a limited selection of basic goods like food and newspapers.
convenience store
greenfield site
compliance
unemployment rate
16. How companies try to show their products as being different from those of their rivals.
product differentiation
counterfeit
convenience store
statutory
17. Machine for processing sales - taking payments - giving change. Also know as a cash register.
currency hedging
statutory
reduced
till
18. Protection of local industries through tariffs - quotas and regulations that discriminate against foreign businesses.
advocacy
protectionism
investment
national debt
19. A test or way of measuring something.
investment
consumer goods
economic growth
assessment
20. A medicine which is available without first getting a prescription from a doctor.
shopping centre
societal
over the counter drug
AAA
21. Organization for Economic Cooperation and Development
monopoly
OECD
duty
deficit spending
22. A large - long-term loan taken out to pay for a house.
copycat
markdown
market equilibrium
mortgage
23. World Trade Organization - governing body that establishes worldwide rules for trade and commerce.
inventory shrinkage
WTO
loyalty card
quota
24. A company's main products - e.g. Opel's core product is cars.
consumer goods
core products
discontinued
megamall
25. Giving people the freedom to decide things and take responsibility for themselves.
duty
shelf warmer
EPOS
empowerment
26. The Federal Reserve - the US central banking system.
Fed
export controls
blight
savings rate
27. A retailer that concentrates on selling one particular type of good.
EPOS
quota
speciality store
depth of assortment
28. Electronic Data Interchange - a computerised system to allow retailers and suppliers to exchange information about stock levels - delivery times - unit prices etc.
retail outlet
in-stock
EDI
infringement
29. The variety of goods that a retailer sells.
depth of assortment
NIMBY
Green paper
convenience store
30. Items which a shop has and are available to buy.
in-stock
Green paper
national debt
sustainable development
31. An item which is no longer produced by a manufacturer or sold by a retailer.
debit-card system
monopoly
discontinued
recession
32. The resources used to produce goods and services - including land - labour - business and capital.
factors of production
megamall
WTO
convenience store
33. A government-imposed tax on imports.
current account
tariff
core products
public-private partnership
34. A person or organization which receives money from a charity.
governance
fake
inventory shrinkage
beneficiary
35. Fast Moving Consumer Goods - frequently purchased consumer items such as foods - cleaning products and toiletries.
sustainable development
negotiation
savings rate
FMCG
36. Consumer goods that have a short life span - e.g. food or paper tissues.
negotiation
empowerment
governance
consumer non-durables
37. The way in which a company is controlled.
trademark
governance
sanctions
sustainable development
38. Process of communicating back and forth until an agreement has been reached.
store loyalty
negotiation
CBI
business cycle
39. Top rating for bonds of the highest quality. Awarded by the main rating agencies: Standard & Poor's - Moody's and Fitch.
AAA
intellectual property
money supply
cooperative
40. When a private company provides a public service in agreement with a government or council.
tax haven
convenience store
public-private partnership
urban
41. Government policies to cool down an economy and prevent inflation during boom periods.
stock turnover
tax revenue
duty
restrictive economic policies
42. Central Business District - the largest retail and office area of a city - also known as downtown
Fed
grease payments
convenience store
CBD
43. Items sold in a store during a certain period measuring in number of units or value.
width of assortment
savings rate
entrepreneurship
stock turnover
44. System in which good or services are exchanged for other goods or services rather than cash.
Americorps
manufacturing
NAFTA
barter
45. The process of turning raw materials and parts into finished products.
AFL/CIO
manufacturing
consumer goods
markup
46. Consumer Price Index - a US measure of whether items are getting cheaper or more expensive using a sample of typical consumer goods.
NGOs
customs
in-stock
CPI
47. A reduction in the selling price of an item in order to increase sales.
compliance
economic growth
infringement
markdown
48. The area of the economy that produces goods and provides services.
business sector
upswing
width of assortment
CBD
49. Economic policies designed to support business and help it expand.
restrictive economic policies
constructive economic policies
monopoly
AAA
50. The gross domestic product in that year's prices i.e. nominal GDP does not account for inflation.
Nominal GDP
otc drug
counterfeit
barter
Can you answer 50 questions in 15 minutes?
Let me suggest you:
Browse all subjects
Browse all tests
Most popular tests
Major Subjects
Tests & Exams
AP
CLEP
DSST
GRE
SAT
GMAT
Certifications
CISSP go to https://www.isc2.org/
PMP
ITIL
RHCE
MCTS
More...
IT Skills
Android Programming
Data Modeling
Objective C Programming
Basic Python Programming
Adobe Illustrator
More...
Business Skills
Advertising Techniques
Business Accounting Basics
Business Strategy
Human Resource Management
Marketing Basics
More...
Soft Skills
Body Language
People Skills
Public Speaking
Persuasion
Job Hunting And Resumes
More...
Vocabulary
GRE Vocab
SAT Vocab
TOEFL Essential Vocab
Basic English Words For All
Global Words You Should Know
Business English
More...
Languages
AP German Vocab
AP Latin Vocab
SAT Subject Test: French
Italian Survival
Norwegian Survival
More...
Engineering
Audio Engineering
Computer Science Engineering
Aerospace Engineering
Chemical Engineering
Structural Engineering
More...
Health Sciences
Basic Nursing Skills
Health Science Language Fundamentals
Veterinary Technology Medical Language
Cardiology
Clinical Surgery
More...
English
Grammar Fundamentals
Literary And Rhetorical Vocab
Elements Of Style Vocab
Introduction To English Major
Complete Advanced Sentences
Literature
Homonyms
More...
Math
Algebra Formulas
Basic Arithmetic: Measurements
Metric Conversions
Geometric Properties
Important Math Facts
Number Sense Vocab
Business Math
More...
Other Major Subjects
Science
Economics
History
Law
Performing-arts
Cooking
Logic & Reasoning
Trivia
Browse all subjects
Browse all tests
Most popular tests