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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. The purchase of a business based on the company's cash recipts and the belief positive cash flow will continue.
Leveraged Buy-Out
customs
MTBF (Mean Time Between Failures)
officers of a company
2. The total value of the money invested into a company by its shareholders.
mission statement
force majeure
share capital
civil liberties
3. Someone who starts a new business venture often involving innovation and risk taking.
valid
entrepreneuer
marketing mix
hard hat
4. General term for ships designed to carry cargo rather than passengers.
depreciation
freighters
hose
sample
5. A company that moves goods or passengers from one place to another.
invention
EBITDA
tankers
carrier
6. Property that a business owns - including cash and receivables - inventory etc.
fuse
commission
property rights
assets
7. A systematic - independent examination of whether a company's quality procedures are being followed and goals being achieved or not.
quality audit
spyware
ergonomics
marine insurance
8. Earnings which are reinvested in the company rather than paid out as dividends.
SWOT analysis
business mission
retained earnings
diversification
9. The first time a company offers its shares to the public.
share capital
IPO - Initial Public Offering
retained earnings
feeder service
10. Information officially declared secret - such as classified documents or material that are available only to particular people.
first aid
operating expenses
freighters
classified information
11. Bills to be paid as part of the normal course of business.
fuse
unlimited liability
accounts payable
acid test
12. To make valid by approval - to establish the certainty of something.
spyware
confirm
accounts payable
no-show
13. Estimated Time of Arrival.
ETA
civil liberties
hose
consignment
14. Series of questions designed to gather information on a certain topic.
survey
norm
sleeping partner
freedom of speech
15. The idea that anything you tell your doctor will remain confidential.
medical privacy
procedure
venture capitalist
no-show
16. When a company buys another one for more than the asset value the difference is called goodwill.
platform
share
goodwill
trailer
17. Hospital department for people who suddenly become ill or are hurt in an accident.
surveillance
intermodal transport
sample
A & E (Accident & Emergency)
18. Ships especially designed for trucks to drive into them using internal ramps.
track
Roll-on/Roll-off vessels
property rights
political privacy
19. Activities involved in protecting a country - building or person against danger or attack.
procedure
just-in-time manufacturing
cash flow
security
20. Setting a relatively low intitial price for a new product in order to win market share.
carousel
penetration pricing strategy
marine insurance
property rights
21. A marketing strategy where a company tries to gain greater dominance in a market - for example - by offering special prices.
fork lift
variable cost
valid
market penetration strategy
22. A short statement describing the main objectives and aims of a business.
mission statement
TEU
goodwill
trespassing
23. A demanding or stimulating situation.
challenge
portfolio
share
piggyback
24. Insurance covering loss or damage of goods at sea.
marine insurance
piggyback
IPO - Initial Public Offering
security
25. Vessel designed to carry bulk cargo such as grain or ore.
common stock
bulk carriers
air cargo
penetration pricing strategy
26. A portion - piece or segment of something that is representative of the whole.
business mission
sample
challenge
third party
27. A person who is involved in a situation in addition to the two main participants.
third party
information privacy
supply chain
equity financing
28. Things which are likely or feasible.
liabilities
logistics outsourcing
variable cost
possibilities
29. The ability to develop new ideas.
fuse
feedback
creativity
accounts payable
30. Earnings Before Interest and Taxes.
payroll
analysis
EBIT
just-in-time manufacturing
31. Earnings Before Interest - Taxes - Depreciation and Amortization.
'eye in the sky' camera
just-in-time manufacturing
medical privacy
EBITDA
32. The added value a brand name identity brings to a product or service.
suitcase
positioning
payroll
brand equity
33. Service taking cargo from a regional port or airport to a central hub for a long-haul voyage.
MTBF (Mean Time Between Failures)
feeder service
TEU
FEU
34. Finding out or ascertaining something previously unknown.
asset turnover
discovery
invention
return on investment
35. Ceiling-mounted camera used in stores and casinos etc to monitor customers.
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36. Events which are beyond the control of a carrier like war - earthquakes or floods.
possibilities
force majeure
discrimination
property rights
37. The state of remaining unknown to most other people.
fire extinguisher
anonymity
director
feeder service
38. Transporting something using different means of transport - e.g. first on a truck and then on a ship.
survey
intermodal transport
benchmark
in transit
39. Steps taken in advance to avoid an accident happening.
CCTV (closed-circuit television)
precaution
bonded warehouse
quality audit
40. Sales divided by total assets.
brand
asset turnover
ergonomics
creativity
41. Expenses for a company which do not change based on production or sales levels.
SWOT analysis
invention
share
fixed cost
42. The sale of part-ownership in a venture to gain additional capital for a start-up.
hard hat
common stock
discrimination
equity financing
43. Costs that fluctuate in direct relation to the volume of units produced.
third party
variable cost
challenge
inventory
44. The possibility of suffering harm or loss; a danger.
risk
consignment
variable cost
sleeping partner
45. A vessel sailing between specific ports on a regular basis.
consignment
liner
risk
civil liberties
46. Surveillance tools installed on a computer without the users' consent.
ETA
spyware
variable cost
retained earnings
47. A moving belt you collect baggage from at the airport.
third party
benchmark
carousel
best practice
48. A measure of the average time between failures in a system - the higher the amount - the more reliable the thing is.
EBITDA
MTBF (Mean Time Between Failures)
equity financing
civil liberties
49. When you allow someone to start a specific business by using your products in exchange for a part of his profits.
commission
adaptive firm
franchise
US Fourth Amendment
50. The truck unit onto which freight in a container is loaded.
stakeholder
inventory
trailer
bonded warehouse