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Test your basic knowledge |
Business English Test
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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. The fraudulent use of someone's identity in order to steal money or get other benefits.
limited liability
identity theft
economies of scale
internet privacy
2. System where goods are produced as and when they are needed rather than producing items in advance and storing them in a warehouse.
accounts receivable
liner
just-in-time manufacturing
accreditation
3. A technique used to assess expected profitability of a company or single product.
fixed cost
benchmark
consignment
break-even analysis
4. A person who is involved in a situation in addition to the two main participants.
risk
brand recognition
third party
market penetration strategy
5. Written description of how something should be done.
sexual privacy
positioning
procedure
goodwill
6. An invasion of someone's private life without due cause.
liner
fork lift
breach of privacy
trespassing
7. A process of verifying all information about a company including but not limited to financials - management - market share and risks.
piggyback
co-operative
acid test
due diligence
8. The purchase of a business based on the company's cash recipts and the belief positive cash flow will continue.
port of entry
EBITDA
Leveraged Buy-Out
operating expenses
9. Series of questions designed to gather information on a certain topic.
acid test
fiscal year
survey
logistics
10. The complete range of a company's offerings including products and services.
portfolio
lead-time
first aid
best practice
11. Abbreviation for a standardized container - Twenty-foot equivalent unit.
TEU
accommodation
dividend
tankers
12. The added value a brand name identity brings to a product or service.
retained earnings
brand equity
valve
anonymity
13. Earnings Before Interest - Taxes - Depreciation and Amortization.
lead-time
analysis
entrepreneuer
EBITDA
14. The granting of power to perform various acts or duties.
accreditation
supply chain
charity
electronic trail
15. Bills to be paid as part of the normal course of business.
accounts payable
accounts receivable
accuracy
bonded warehouse
16. Fundamental human rights usually protected by law such as freedom of speech and religion.
civil liberties
piggyback
asset turnover
valid
17. The ability to develop new ideas.
customs
creativity
break-even point
lead-time
18. A unit of measure for liquids equivalent to 42 gallons.
barrel (BBL)
feeder service
spyware
bulk carriers
19. A form of company which has a separate legal identity and limited liabilities.
advice of shipment
corporation
due diligence
stopover
20. Goods which are shipped loose in the hold of a ship.
bulk cargo
director
valid
consensus
21. A person who is on the managing board of a business.
asset turnover
director
best practice
target market
22. An agreement that regulates the rights and obligations of shareholders.
deed of partnership
break bulk
carousel
challenge
23. An organization able to respond to and address changes in a market - their environment or industry.
fiscal year
accreditation
creativity
adaptive firm
24. Activities involved in protecting a country - building or person against danger or attack.
best practice
CCTV (closed-circuit television)
security
diversification
25. Costs that fluctuate in direct relation to the volume of units produced.
portfolio
variable cost
A & E (Accident & Emergency)
ETA
26. Setting a relatively low intitial price for a new product in order to win market share.
MTBF (Mean Time Between Failures)
consensus
sleeping partner
penetration pricing strategy
27. The right to have details of your financial transactions kept secret.
financial privacy
Roll-on/Roll-off vessels
carousel
payroll
28. The crime of deceiving someone to get money or good illegally.
liabilities
fraud
accuracy
market segmentation
29. The idea that anything you tell your doctor will remain confidential.
medical privacy
turnaround
carrier
accommodation
30. Part of the Bill of Rights which provides people with the right to be secure in their persons - houses - papers etc.
tankers
property rights
US Fourth Amendment
classified information
31. A marketing strategy where a company tries to gain greater dominance in a market - for example - by offering special prices.
Bill of Lading
accreditation
market penetration strategy
share
32. Shortened form of Roll on/Roll off meaning a ship which trucks can drive straight onto without the need for cranes.
challenge
Ro/Ro
due diligence
accreditation
33. A company that moves goods or passengers from one place to another.
carrier
limited liability
consignment
breach of privacy
34. The relationship between technology and the legal right to privacy in the collection and sharing of data about oneself.
information privacy
market segmentation
fire extinguisher
survey
35. The time it takes between the arrival of a vessel or aircraft and its departure.
logistics outsourcing
freight forwarder
freedom of speech
turnaround
36. Positions customer's relative perceptions of one brand in comparison to other competitive alternatives.
brand recognition
unlimited liability
market capitalization
survey
37. Earnings which are reinvested in the company rather than paid out as dividends.
bed & breakfast
valid
retained earnings
carrier
38. Documents used to procure freight and express transportation and services from commercial carriers.
third party
Bill of Lading
carousel
feeder service
39. Mechanical device controlling the flow of a gas or liquid in a system.
freight forwarder
valve
asset turnover
best practice
40. Ceiling-mounted camera used in stores and casinos etc to monitor customers.
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41. The state of remaining unknown to most other people.
FEU
assets
anonymity
IPO - Initial Public Offering
42. When a company produces a product of a type they have not previously made.
political privacy
Leveraged Buy-Out
diversification
discovery
43. The right to have your political view kept secret.
analysis
best practice
life cycle
political privacy
44. Metal rails along which a train travels.
pallet
classified information
track
analysis
45. Things which are likely or feasible.
brand
freight forwarder
possibilities
bonded warehouse
46. Compensation paid to a person on the basis of products sold.
commission
dividend
port of entry
logistics
47. A statisitical measure of how well a company is doing in a certain area.
director
key performance indicator
brand recognition
intermodal transport
48. A measure of the average time between failures in a system - the higher the amount - the more reliable the thing is.
IPO - Initial Public Offering
ergonomics
MTBF (Mean Time Between Failures)
market segmentation
49. Net profits divided by net worth or total equity.
invention
return on investment
wake-up call
penetration pricing strategy
50. The planning - implementation and control of flow and storage of goods.
spyware
logistics
electronic trail
turnaround
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