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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 machine used to pick up and transport goods loaded on pallets.
bulk cargo
fork lift
secret ballot
pallet
2. The organization that surveys and classifies ships for insurance companies.
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3. Port where cargo enters a country and is unloaded.
wake-up call
port of entry
pallet
sample
4. Information officially declared secret - such as classified documents or material that are available only to particular people.
procedure
classified information
barrel (BBL)
liner
5. Bills to be paid as part of the normal course of business.
'eye in the sky' camera
full containerships
corporation
accounts payable
6. Ships especially designed for trucks to drive into them using internal ramps.
hard hat
fiscal year
security
Roll-on/Roll-off vessels
7. The time which a seller needs to produce and deliver goods.
lead-time
discovery
liabilities
valid
8. Part of the Bill of Rights which provides people with the right to be secure in their persons - houses - papers etc.
liabilities
limited liability
marine insurance
US Fourth Amendment
9. The right to have your political view kept secret.
political privacy
customs
SWOT analysis
invasion of privacy
10. The crime of deceiving someone to get money or good illegally.
fraud
acid test
payroll
trespassing
11. A shipment of goods to a consignee.
bed & breakfast
differentiation
consignment
brand equity
12. A financial statement showing sales - cost of sales - gross margin - operating expenses etc.
information privacy
income statement
sleeping partner
cash flow
13. System where goods are produced as and when they are needed rather than producing items in advance and storing them in a warehouse.
due diligence
just-in-time manufacturing
wake-up call
sexual privacy
14. Device containing water - foam or powder used to put out a fire.
key performance indicator
fire extinguisher
freighters
suitcase
15. The time it takes between the arrival of a vessel or aircraft and its departure.
Leveraged Buy-Out
A & E (Accident & Emergency)
turnaround
Bill of Lading
16. A marketing strategy where a company tries to gain greater dominance in a market - for example - by offering special prices.
confirm
market penetration strategy
full containerships
stock exchange
17. When all members of a group agree to support a decision even if they don't agree with it.
in transit
bulk cargo
Clean Bill of Lading
consensus
18. A document representing one unit of ownership in a corporation - mutual fund or limited partnership.
track
confirm
share
marine insurance
19. Someone who invests in a business partnership without taking part in business affairs. Usually sleeping partners have limited liability.
goodwill
TEU
sleeping partner
carrier
20. The complete range of a company's offerings including products and services.
skimming pricing strategy
portfolio
ETA
valve
21. Damage or hurt experienced by a person or animal.
common stock
discovery
injury
inventory
22. A statisitical measure of how well a company is doing in a certain area.
tankers
key performance indicator
procedure
commission
23. Metal rails along which a train travels.
CCTV (closed-circuit television)
'eye in the sky' camera
track
accuracy
24. Cargo ships not specialised in one type of cargo unlike a full containership.
general cargo freighters
EBIT
air cargo
full containerships
25. Setting a high initial price for a product to create a price-quality idea which early adopters will happily accept.
risk
Leveraged Buy-Out
skimming pricing strategy
common stock
26. The science of making sure people and machines work together as well as possible.
precaution
no-show
accounts payable
ergonomics
27. Transportation method where truck trailers with their loads are moved by train to their destination.
business mission
third party
US Fourth Amendment
piggyback
28. List of goods in a store or warehouse.
inventory
injury
target market
barrel (BBL)
29. A piece of information - for example how a certain product is made - which is only known to the company that makes it.
supply chain
trade secret
sample
no-show
30. A technique used to assess expected profitability of a company or single product.
port of entry
in transit
break-even analysis
hard hat
31. A wealthy person who invests in a start-up company.
spyware
penetration pricing strategy
venture capitalist
pallet
32. The idea that anything you tell your doctor will remain confidential.
hard hat
track
medical privacy
brand recognition
33. Officials formally appointed to run and represent a company.
co-operative
best practice
officers of a company
SWOT analysis
34. Vessel designed to carry bulk cargo such as grain or ore.
co-operative
sleeping partner
bulk carriers
EBIT
35. Series of questions designed to gather information on a certain topic.
due diligence
survey
no-show
benchmark
36. Ships with permanent container cells with little or no space for other cargo types.
bed & breakfast
stalking
full containerships
market penetration strategy
37. Unfair treatment of a person or group based on prejudice.
discrimination
discovery
surveillance
share capital
38. A company where the owners are personally liable for the debts of the company.
unlimited liability
invasion of privacy
share
fraud
39. A model depicting the sales curve of a product split into four stages - introduction - growth - maturity and decline.
life cycle
memorandum of association
sexual privacy
risk
40. Letting a third-party company take care of your logistics for you.
logistics outsourcing
financial privacy
operating expenses
fiscal year
41. Wages - salaries and other forms of employee compensation.
share capital
A & E (Accident & Emergency)
payroll
accounts payable
42. Protective helmet worn on building sites etc. to prevent injuries to the head.
hard hat
bulk cargo
income statement
franchise
43. A warehouse authorized by customs where goods are stored and no payment is required until the goods are removed.
venture capitalist
bonded warehouse
co-operative
trailer
44. Insurance covering loss or damage of goods at sea.
stakeholder
marine insurance
skimming pricing strategy
diversification
45. Earnings which are reinvested in the company rather than paid out as dividends.
accreditation
retained earnings
equity financing
goodwill
46. A new scientific or technical idea.
general cargo freighters
invention
fiscal year
Lloyds' Registry
47. The purchase of a business based on the company's cash recipts and the belief positive cash flow will continue.
financial privacy
challenge
Leveraged Buy-Out
variable cost
48. A process of verifying all information about a company including but not limited to financials - management - market share and risks.
invention
director
surveillance
due diligence
49. A place for the reception - delivery - consolidation - distribution and storage of goods and cargo.
customs
breach of privacy
logistics
warehouse
50. Cargo which is booked but does not arrive in time to be loaded onto a vessel.
no-show
fuse
brand recognition
market segmentation