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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. Mechanical device controlling the flow of a gas or liquid in a system.
valve
accreditation
liner
carrier
2. Officials formally appointed to run and represent a company.
supply chain
officers of a company
quality audit
first aid
3. An organization able to respond to and address changes in a market - their environment or industry.
cash flow
carousel
adaptive firm
marine insurance
4. Estimated Time of Arrival.
ETA
force majeure
break bulk
assets
5. A company where the owners are personally liable for the debts of the company.
dividend
unlimited liability
stopover
property rights
6. Bills to be paid as part of the normal course of business.
medical privacy
hose
sexual privacy
accounts payable
7. Setting a relatively low intitial price for a new product in order to win market share.
skimming pricing strategy
penetration pricing strategy
target market
invention
8. Ships fitted with tanks to carry liquid or gas cargoes.
full containerships
fuse
tankers
cancel
9. A systematic - independent examination of whether a company's quality procedures are being followed and goals being achieved or not.
identity theft
fraud
quality audit
suitcase
10. Property that a business owns - including cash and receivables - inventory etc.
limited liability
platform
assets
property rights
11. A business classed as a separate legal entity so if there is a financial problem the owners would not lose all their money - only the money they had invested in the company.
limited liability
accreditation
best practice
bulk cargo
12. When you allow someone to start a specific business by using your products in exchange for a part of his profits.
accounts receivable
franchise
asset turnover
charity
13. Debts owed to a company usually from sales on credit.
hose
feeder service
bulk cargo
accounts receivable
14. Net profits divided by net worth or total equity.
return on investment
brand equity
piggyback
sample
15. Vessel designed to carry bulk cargo such as grain or ore.
variable cost
memorandum of association
no-show
bulk carriers
16. A non-profit making organization which exists to support and help a particular group.
norm
share
tankers
charity
17. A warehouse authorized by customs where goods are stored and no payment is required until the goods are removed.
seed capital
operating expenses
Roll-on/Roll-off vessels
bonded warehouse
18. Forty-Foot Equivalent Units - a standard size for shipping containers.
fork lift
FEU
mission statement
equity financing
19. The state of remaining unknown to most other people.
freight forwarder
stock exchange
anonymity
variable cost
20. Activities involved in protecting a country - building or person against danger or attack.
security
bed & breakfast
discovery
confirm
21. A technique used to assess expected profitability of a company or single product.
break-even analysis
liabilities
pallet
injury
22. The system of technology - people - organizations etc involved in moving services or products from supplier to customer.
depreciation
financial privacy
US Fourth Amendment
supply chain
23. A planned - temporary break in a journey - for instance to change planes.
track
common stock
stopover
marketing mix
24. The first time a company offers its shares to the public.
return on investment
stakeholder
precaution
IPO - Initial Public Offering
25. The complete range of a company's offerings including products and services.
life cycle
fixed cost
portfolio
brand recognition
26. A portion - piece or segment of something that is representative of the whole.
freight forwarder
fraud
sample
TEU
27. The times of highest demand for a product or service.
trade secret
freighters
peak times
benchmark
28. A place for the reception - delivery - consolidation - distribution and storage of goods and cargo.
asset turnover
due diligence
political privacy
warehouse
29. Debts; money that must be paid.
dividend
discrimination
in transit
liabilities
30. A vessel sailing between specific ports on a regular basis.
liner
discovery
platform
Roll-on/Roll-off vessels
31. The time it takes between the arrival of a vessel or aircraft and its departure.
lead-time
barrel (BBL)
advice of shipment
turnaround
32. The ability to develop new ideas.
accommodation
creativity
fraud
wake-up call
33. To unload and distribute some or all the contents of a rail car - container or trailer.
hose
market penetration strategy
due diligence
break bulk
34. The time which a seller needs to produce and deliver goods.
lead-time
fraud
share
secret ballot
35. A delivery which is currently between its source and destination.
Ro/Ro
political privacy
stalking
in transit
36. A unit of measure for liquids equivalent to 42 gallons.
co-operative
goodwill
sexual privacy
barrel (BBL)
37. Shortened form of Roll on/Roll off meaning a ship which trucks can drive straight onto without the need for cranes.
EBIT
Ro/Ro
bulk cargo
assets
38. The granting of power to perform various acts or duties.
warehouse
accreditation
full containerships
Companies House
39. The crime of deceiving someone to get money or good illegally.
officers of a company
A & E (Accident & Emergency)
risk
fraud
40. Service taking cargo from a regional port or airport to a central hub for a long-haul voyage.
trailer
information privacy
entrepreneuer
feeder service
41. A financial statement showing sales - cost of sales - gross margin - operating expenses etc.
return on investment
identity theft
market penetration strategy
income statement
42. One of the documents required by a firm to become a limited company.
ergonomics
advice of shipment
memorandum of association
trade secret
43. Raised flat area beside a train track for entering or exiting a train.
Clean Bill of Lading
freighters
platform
challenge
44. 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.
feedback
payroll
acid test
track
45. Unfair treatment of a person or group based on prejudice.
goodwill
dividend
penetration pricing strategy
discrimination
46. The benefit of larger scale production where costs are spread over more units which lowers the average unit cost.
US Fourth Amendment
bulk carriers
commission
economies of scale
47. Part of the Bill of Rights which provides people with the right to be secure in their persons - houses - papers etc.
due diligence
US Fourth Amendment
freedom of speech
medical privacy
48. Hospital department for people who suddenly become ill or are hurt in an accident.
just-in-time manufacturing
sexual privacy
precaution
A & E (Accident & Emergency)
49. The truck unit onto which freight in a container is loaded.
tankers
suitcase
trailer
economies of scale
50. A wealthy person who invests in a start-up company.
possibilities
brand recognition
venture capitalist
challenge