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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. Someone who invests in a business partnership without taking part in business affairs. Usually sleeping partners have limited liability.
freight forwarder
accommodation
cancel
sleeping partner
2. The examination and evaluation of something.
franchise
norm
analysis
Ro/Ro
3. Business wholly owned by its employees with the emphasis on group decision making.
deed of partnership
co-operative
civil liberties
logistics
4. Forty-Foot Equivalent Units - a standard size for shipping containers.
cancel
FEU
challenge
discrimination
5. A place where parts of the ownership of companies are bought and sold - or the organization of people whose job is to do the buying and selling.
CCTV (closed-circuit television)
stock exchange
market penetration strategy
injury
6. A form of company which has a separate legal identity and limited liabilities.
Clean Bill of Lading
secret ballot
diversification
corporation
7. The total value of the money invested into a company by its shareholders.
accommodation
freight forwarder
fire extinguisher
share capital
8. The added value a brand name identity brings to a product or service.
air cargo
first aid
brand equity
market segmentation
9. Protective eyewear worn when working with chemicals or dangerous machines.
franchise
TEU
fire extinguisher
goggles
10. Earnings which are reinvested in the company rather than paid out as dividends.
stakeholder
medical privacy
retained earnings
Roll-on/Roll-off vessels
11. Port where cargo enters a country and is unloaded.
penetration pricing strategy
return on investment
port of entry
classified information
12. Ships with permanent container cells with little or no space for other cargo types.
peak times
full containerships
bed & breakfast
Leveraged Buy-Out
13. Fundamental human rights usually protected by law such as freedom of speech and religion.
liner
stopover
civil liberties
asset turnover
14. The system of technology - people - organizations etc involved in moving services or products from supplier to customer.
CCTV (closed-circuit television)
discrimination
accounts receivable
supply chain
15. An agreement that regulates the rights and obligations of shareholders.
survey
franchise
marketing mix
deed of partnership
16. Device which breaks to stop the flow of current in the event of an overload.
business mission
fork lift
anonymity
fuse
17. A formal framework for identifying an organization's growth opportunities - strengths - weaknesses - opportunities and threats.
Ro/Ro
civil liberties
valid
SWOT analysis
18. Initial medical attention given to someone in the event of an accident or sudden illness.
accounts payable
differentiation
stopover
first aid
19. Ships fitted with tanks to carry liquid or gas cargoes.
target market
tankers
EBIT
secret ballot
20. Goods which are shipped loose in the hold of a ship.
bulk cargo
limited liability
due diligence
Roll-on/Roll-off vessels
21. A financial statement showing sales - cost of sales - gross margin - operating expenses etc.
consensus
bulk carriers
income statement
business mission
22. When a company buys another one for more than the asset value the difference is called goodwill.
challenge
customs
goodwill
target market
23. Shaping a companies' offering and image to occupy a unique and valued place in the customer's mind.
positioning
customs
franchise
stakeholder
24. The first time a company offers its shares to the public.
Bill of Lading
memorandum of association
IPO - Initial Public Offering
pallet
25. The point in units sold or sales amount when the expenses will be matched.
franchise
break bulk
break-even point
director
26. Protective helmet worn on building sites etc. to prevent injuries to the head.
trade secret
turnaround
air cargo
hard hat
27. System where goods are produced as and when they are needed rather than producing items in advance and storing them in a warehouse.
barrel (BBL)
mission statement
Leveraged Buy-Out
just-in-time manufacturing
28. Monitoring of public places using video cameras.
CCTV (closed-circuit television)
medical privacy
skimming pricing strategy
memorandum of association
29. Insurance covering loss or damage of goods at sea.
confirm
benchmark
marine insurance
analysis
30. Activities including product - method of distribution - method of advertising which all affect how a product is marketing.
trespassing
asset turnover
equity financing
marketing mix
31. Device containing water - foam or powder used to put out a fire.
fire extinguisher
norm
hose
entrepreneuer
32. Positions customer's relative perceptions of one brand in comparison to other competitive alternatives.
unlimited liability
accreditation
identity theft
brand recognition
33. Finding out or ascertaining something previously unknown.
quality audit
entrepreneuer
discovery
fiscal year
34. A place for the reception - delivery - consolidation - distribution and storage of goods and cargo.
Bill of Lading
freedom of speech
warehouse
turnaround
35. A piece of information - for example how a certain product is made - which is only known to the company that makes it.
injury
trade secret
lead-time
liabilities
36. One of the documents required by a firm to become a limited company.
EBITDA
memorandum of association
logistics outsourcing
penetration pricing strategy
37. When a company produces a product of a type they have not previously made.
TEU
share
diversification
tankers
38. General term for ships designed to carry cargo rather than passengers.
risk
freighters
force majeure
officers of a company
39. Earnings Before Interest - Taxes - Depreciation and Amortization.
logistics outsourcing
IPO - Initial Public Offering
EBITDA
marine insurance
40. Expenses for a company which do not change based on production or sales levels.
carrier
fixed cost
secret ballot
breach of privacy
41. A form of corporate equity ownership giving voting rights.
variable cost
injury
market capitalization
common stock
42. Metal rails along which a train travels.
track
brand
bed & breakfast
discrimination
43. Useable or acceptable.
trailer
equity financing
third party
valid
44. Documents used to procure freight and express transportation and services from commercial carriers.
track
dividend
co-operative
Bill of Lading
45. An organization able to respond to and address changes in a market - their environment or industry.
norm
adaptive firm
stopover
liabilities
46. The amount of money of a company's profits that is distributed to its shareholders.
platform
confirm
dividend
differentiation
47. Ceiling-mounted camera used in stores and casinos etc to monitor customers.
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48. An investment contributed at the early stages of a new venture.
CCTV (closed-circuit television)
break bulk
seed capital
payroll
49. A machine used to pick up and transport goods loaded on pallets.
trailer
logistics
venture capitalist
fork lift
50. Activities involved in protecting a country - building or person against danger or attack.
charity
unlimited liability
security
market penetration strategy