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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 financial statement showing sales - cost of sales - gross margin - operating expenses etc.
trespassing
analysis
consensus
income statement
2. A measure of the average time between failures in a system - the higher the amount - the more reliable the thing is.
MTBF (Mean Time Between Failures)
fixed cost
warehouse
return on investment
3. The first time a company offers its shares to the public.
A & E (Accident & Emergency)
adaptive firm
tankers
IPO - Initial Public Offering
4. A marketing strategy where a company tries to gain greater dominance in a market - for example - by offering special prices.
market penetration strategy
fuse
freight forwarder
brand
5. 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.
charity
limited liability
security
'eye in the sky' camera
6. Insurance covering loss or damage of goods at sea.
platform
marine insurance
intermodal transport
deed of partnership
7. Written description of how something should be done.
warehouse
freedom of speech
procedure
sample
8. Wages - salaries and other forms of employee compensation.
skimming pricing strategy
payroll
identity theft
cash flow
9. Ships with permanent container cells with little or no space for other cargo types.
invention
venture capitalist
full containerships
market capitalization
10. A short statement describing the main objectives and aims of a business.
hard hat
limited liability
spyware
mission statement
11. Cargo which is booked but does not arrive in time to be loaded onto a vessel.
no-show
US Fourth Amendment
break-even point
deed of partnership
12. The right to say what you want without anyone stopping you.
Ro/Ro
freedom of speech
consensus
financial privacy
13. The amount of money of a company's profits that is distributed to its shareholders.
US Fourth Amendment
dividend
lead-time
deed of partnership
14. A non-profit making organization which exists to support and help a particular group.
anonymity
charity
carrier
injury
15. Property that a business owns - including cash and receivables - inventory etc.
full containerships
supply chain
assets
stakeholder
16. Fundamental human rights usually protected by law such as freedom of speech and religion.
ergonomics
key performance indicator
no-show
civil liberties
17. The sale of part-ownership in a venture to gain additional capital for a start-up.
survey
equity financing
marine insurance
medical privacy
18. Damage or hurt experienced by a person or animal.
anonymity
MTBF (Mean Time Between Failures)
feeder service
injury
19. Earnings Before Interest - Taxes - Depreciation and Amortization.
warehouse
variable cost
EBITDA
IPO - Initial Public Offering
20. A model depicting the sales curve of a product split into four stages - introduction - growth - maturity and decline.
variable cost
marine insurance
target market
life cycle
21. The granting of power to perform various acts or duties.
accreditation
financial privacy
injury
consignment
22. When a company produces a product of a type they have not previously made.
market capitalization
stakeholder
diversification
turnaround
23. A method recognised throughout a business sector as the best way to do something.
carousel
best practice
consignment
invasion of privacy
24. When someone breaks your right to privacy.
invasion of privacy
marine insurance
business mission
liner
25. A new scientific or technical idea.
IPO - Initial Public Offering
return on investment
invention
wake-up call
26. Usually wooden base used for moving or storing stacked goods.
common stock
entrepreneuer
retained earnings
pallet
27. General term for ships designed to carry cargo rather than passengers.
piggyback
franchise
freighters
bulk cargo
28. A piece of information - for example how a certain product is made - which is only known to the company that makes it.
limited liability
fiscal year
property rights
trade secret
29. When a company buys another one for more than the asset value the difference is called goodwill.
business mission
intermodal transport
goodwill
best practice
30. Entering land or property without permission from the owner or the right to enter.
trespassing
port of entry
A & E (Accident & Emergency)
surveillance
31. The estimated loss of value of assets over a period of time.
depreciation
break-even point
liner
civil liberties
32. The categorization of potential customers into groups based on common characteristics.
customs
procedure
quality audit
market segmentation
33. A technique used to assess expected profitability of a company or single product.
force majeure
break-even analysis
peak times
equity financing
34. A vessel sailing between specific ports on a regular basis.
liner
precaution
variable cost
advice of shipment
35. The organization that surveys and classifies ships for insurance companies.
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36. The right of owners of physical or intellectual property to consume - rent or sell their property.
market capitalization
property rights
break bulk
equity financing
37. Transporting something using different means of transport - e.g. first on a truck and then on a ship.
intermodal transport
warehouse
possibilities
market segmentation
38. A company that moves goods or passengers from one place to another.
life cycle
trespassing
carrier
share
39. Costs that fluctuate in direct relation to the volume of units produced.
piggyback
life cycle
accounts payable
variable cost
40. A form of corporate equity ownership giving voting rights.
trade secret
platform
US Fourth Amendment
common stock
41. Someone who acts as an agent on behalf of a shipper.
freight forwarder
invention
no-show
accreditation
42. Vessel designed to carry bulk cargo such as grain or ore.
electronic trail
consensus
discovery
bulk carriers
43. Ships especially designed for trucks to drive into them using internal ramps.
valid
Roll-on/Roll-off vessels
officers of a company
depreciation
44. Anyone who has an interest in the success of an organization - e.g. the owner - employees - shareholders.
stakeholder
fuse
challenge
EBIT
45. List of goods in a store or warehouse.
equity financing
inventory
wake-up call
differentiation
46. The ability to develop new ideas.
hard hat
creativity
skimming pricing strategy
equity financing
47. A warehouse authorized by customs where goods are stored and no payment is required until the goods are removed.
best practice
life cycle
EBIT
bonded warehouse
48. Ships fitted with tanks to carry liquid or gas cargoes.
medical privacy
fixed cost
tankers
invention
49. The total value of the money invested into a company by its shareholders.
share capital
identity theft
marketing mix
fire extinguisher
50. A moving belt you collect baggage from at the airport.
assets
challenge
carousel
customs