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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. Shaping a companies' offering and image to occupy a unique and valued place in the customer's mind.
EBIT
business mission
assets
positioning
2. A place to live - work - stay in : rented/temporary/furnished accommodation.
income statement
'eye in the sky' camera
accommodation
EBITDA
3. The fraudulent use of someone's identity in order to steal money or get other benefits.
break bulk
identity theft
civil liberties
TEU
4. A flexible tube used to transport liquids or gas.
lead-time
hose
target market
sexual privacy
5. Costs that fluctuate in direct relation to the volume of units produced.
inventory
break-even analysis
trespassing
variable cost
6. A measure of the average time between failures in a system - the higher the amount - the more reliable the thing is.
electronic trail
possibilities
MTBF (Mean Time Between Failures)
deed of partnership
7. System where goods are produced as and when they are needed rather than producing items in advance and storing them in a warehouse.
IPO - Initial Public Offering
just-in-time manufacturing
turnaround
director
8. A company where the owners are personally liable for the debts of the company.
full containerships
identity theft
IPO - Initial Public Offering
unlimited liability
9. To make valid by approval - to establish the certainty of something.
invention
confirm
accounts receivable
'eye in the sky' camera
10. Sales divided by total assets.
asset turnover
seed capital
goodwill
fire extinguisher
11. Officials formally appointed to run and represent a company.
market capitalization
officers of a company
bulk cargo
break-even analysis
12. Hospital department for people who suddenly become ill or are hurt in an accident.
A & E (Accident & Emergency)
carousel
equity financing
trailer
13. A unit of measure for liquids equivalent to 42 gallons.
share
secret ballot
barrel (BBL)
trade secret
14. The right to say what you want without anyone stopping you.
freedom of speech
carousel
feeder service
bulk cargo
15. A planned - temporary break in a journey - for instance to change planes.
warehouse
barrel (BBL)
air cargo
stopover
16. Steps taken in advance to avoid an accident happening.
consignment
operating expenses
precaution
bed & breakfast
17. To unload and distribute some or all the contents of a rail car - container or trailer.
marketing mix
peak times
break bulk
inventory
18. When all members of a group agree to support a decision even if they don't agree with it.
consensus
key performance indicator
precaution
market segmentation
19. Ships with permanent container cells with little or no space for other cargo types.
Companies House
full containerships
carrier
Leveraged Buy-Out
20. Earnings Before Interest - Taxes - Depreciation and Amortization.
EBITDA
co-operative
lead-time
precaution
21. Cargo ships not specialised in one type of cargo unlike a full containership.
general cargo freighters
marine insurance
TEU
breach of privacy
22. The planning - implementation and control of flow and storage of goods.
logistics
unlimited liability
analysis
market penetration strategy
23. A notice to a buyer that shipment has gone forward which contains details of packing - routing etc.
feedback
director
advice of shipment
payroll
24. Vessel designed to carry bulk cargo such as grain or ore.
bulk carriers
diversification
market segmentation
valid
25. A form of company which has a separate legal identity and limited liabilities.
benchmark
corporation
fiscal year
suitcase
26. The organization that surveys and classifies ships for insurance companies.
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27. When a company buys another one for more than the asset value the difference is called goodwill.
confirm
goodwill
logistics
'eye in the sky' camera
28. The truck unit onto which freight in a container is loaded.
benchmark
trailer
bed & breakfast
mission statement
29. Debts owed to a company usually from sales on credit.
accounts receivable
Ro/Ro
tankers
stopover
30. The state of remaining unknown to most other people.
skimming pricing strategy
brand
mission statement
anonymity
31. A vessel sailing between specific ports on a regular basis.
fraud
liner
medical privacy
market capitalization
32. 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.
lead-time
FEU
feeder service
stock exchange
33. A telephone call requested at a certain time to wake someone up.
stopover
anonymity
wake-up call
depreciation
34. When you allow someone to start a specific business by using your products in exchange for a part of his profits.
bulk carriers
franchise
consignment
best practice
35. Service taking cargo from a regional port or airport to a central hub for a long-haul voyage.
feeder service
market segmentation
bed & breakfast
inventory
36. To decide that an agreed appointment or booking will not take place.
entrepreneuer
cancel
freedom of speech
full containerships
37. The added value a brand name identity brings to a product or service.
trade secret
possibilities
brand equity
consignment
38. A machine used to pick up and transport goods loaded on pallets.
freighters
fork lift
accommodation
positioning
39. A document representing one unit of ownership in a corporation - mutual fund or limited partnership.
invasion of privacy
stock exchange
share
valid
40. Entering land or property without permission from the owner or the right to enter.
procedure
secret ballot
trespassing
force majeure
41. Mechanical device controlling the flow of a gas or liquid in a system.
break-even point
bed & breakfast
valve
MTBF (Mean Time Between Failures)
42. When a person or group infringes on your rights such as freedom of movement or freedom of speech.
goodwill
rights violation
marine insurance
Companies House
43. The efforts to make a product seem different from rival products or even unique.
track
medical privacy
operating expenses
differentiation
44. A technique used to assess expected profitability of a company or single product.
break-even analysis
director
quality audit
possibilities
45. Setting a high initial price for a product to create a price-quality idea which early adopters will happily accept.
brand equity
skimming pricing strategy
brand
supply chain
46. Someone who starts a new business venture often involving innovation and risk taking.
entrepreneuer
marketing mix
supply chain
just-in-time manufacturing
47. Net profits divided by net worth or total equity.
just-in-time manufacturing
ergonomics
return on investment
suitcase
48. Surveillance tools installed on a computer without the users' consent.
unlimited liability
spyware
corporation
logistics outsourcing
49. The purchase of a business based on the company's cash recipts and the belief positive cash flow will continue.
Leveraged Buy-Out
target market
differentiation
fork lift
50. Information officially declared secret - such as classified documents or material that are available only to particular people.
classified information
just-in-time manufacturing
equity financing
portfolio