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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 portion - piece or segment of something that is representative of the whole.
general cargo freighters
sample
accuracy
marketing mix
2. Letting a third-party company take care of your logistics for you.
logistics outsourcing
identity theft
TEU
A & E (Accident & Emergency)
3. Expenses for a company which do not change based on production or sales levels.
brand
fixed cost
sexual privacy
Roll-on/Roll-off vessels
4. Transportation method where truck trailers with their loads are moved by train to their destination.
CCTV (closed-circuit television)
advice of shipment
piggyback
consignment
5. A receipt for goods issued by a carrier indicated that goods were received without damage or irregularities.
stopover
A & E (Accident & Emergency)
Roll-on/Roll-off vessels
Clean Bill of Lading
6. A marketing strategy where a company tries to gain greater dominance in a market - for example - by offering special prices.
retained earnings
identity theft
market penetration strategy
classified information
7. Someone who invests in a business partnership without taking part in business affairs. Usually sleeping partners have limited liability.
sleeping partner
break-even analysis
platform
spyware
8. An invasion of someone's private life without due cause.
air cargo
memorandum of association
breach of privacy
officers of a company
9. Expenses arising during normal business operations.
market capitalization
commission
operating expenses
quality audit
10. Documents used to procure freight and express transportation and services from commercial carriers.
goggles
market capitalization
Bill of Lading
dividend
11. A telephone call requested at a certain time to wake someone up.
return on investment
skimming pricing strategy
wake-up call
injury
12. The time which a seller needs to produce and deliver goods.
market segmentation
lead-time
differentiation
secret ballot
13. A process of verifying all information about a company including but not limited to financials - management - market share and risks.
stakeholder
due diligence
MTBF (Mean Time Between Failures)
portfolio
14. When a company produces a product of a type they have not previously made.
diversification
TEU
SWOT analysis
lead-time
15. One of the documents required by a firm to become a limited company.
political privacy
general cargo freighters
secret ballot
memorandum of association
16. Net profits divided by net worth or total equity.
Bill of Lading
financial privacy
return on investment
director
17. Metal rails along which a train travels.
track
Leveraged Buy-Out
adaptive firm
US Fourth Amendment
18. Cargo ships not specialised in one type of cargo unlike a full containership.
general cargo freighters
platform
variable cost
logistics
19. Cargo which is booked but does not arrive in time to be loaded onto a vessel.
payroll
goggles
no-show
piggyback
20. Part of the Bill of Rights which provides people with the right to be secure in their persons - houses - papers etc.
accuracy
break-even analysis
trespassing
US Fourth Amendment
21. Steps taken in advance to avoid an accident happening.
precaution
positioning
in transit
liabilities
22. Fundamental human rights usually protected by law such as freedom of speech and religion.
lead-time
officers of a company
civil liberties
hard hat
23. A form of corporate equity ownership giving voting rights.
discrimination
common stock
brand recognition
bed & breakfast
24. The total value of the money invested into a company by its shareholders.
breach of privacy
challenge
share capital
creativity
25. The benefit of larger scale production where costs are spread over more units which lowers the average unit cost.
economies of scale
sleeping partner
cancel
carousel
26. Duties or taxes imposed by the government on imported and exported goods.
customs
internet privacy
cash flow
carrier
27. A unit of measure for liquids equivalent to 42 gallons.
warehouse
equity financing
venture capitalist
barrel (BBL)
28. Things which are likely or feasible.
possibilities
ETA
goodwill
suitcase
29. A non-profit making organization which exists to support and help a particular group.
bonded warehouse
skimming pricing strategy
norm
charity
30. The estimated loss of value of assets over a period of time.
EBIT
depreciation
accreditation
logistics
31. A standard used to compare some aspect of a business to an external measure.
penetration pricing strategy
benchmark
officers of a company
civil liberties
32. The organization that surveys and classifies ships for insurance companies.
33. The first time a company offers its shares to the public.
IPO - Initial Public Offering
bulk cargo
liner
goggles
34. To decide that an agreed appointment or booking will not take place.
market segmentation
depreciation
penetration pricing strategy
cancel
35. Earnings Before Interest and Taxes.
accounts receivable
brand recognition
Lloyds' Registry
EBIT
36. A piece of information - for example how a certain product is made - which is only known to the company that makes it.
anonymity
no-show
trade secret
differentiation
37. Finding out or ascertaining something previously unknown.
Clean Bill of Lading
discovery
positioning
intermodal transport
38. Someone who acts as an agent on behalf of a shipper.
survey
surveillance
customs
freight forwarder
39. Mechanical device controlling the flow of a gas or liquid in a system.
differentiation
dividend
target market
valve
40. Activities including product - method of distribution - method of advertising which all affect how a product is marketing.
advice of shipment
marketing mix
diversification
share capital
41. The right to say what you want without anyone stopping you.
Ro/Ro
freedom of speech
spyware
FEU
42. Transporting something using different means of transport - e.g. first on a truck and then on a ship.
fiscal year
Clean Bill of Lading
asset turnover
intermodal transport
43. General term for ships designed to carry cargo rather than passengers.
Bill of Lading
differentiation
freighters
brand equity
44. The idea that anything you tell your doctor will remain confidential.
medical privacy
Companies House
security
CCTV (closed-circuit television)
45. The amount of money of a company's profits that is distributed to its shareholders.
dividend
sexual privacy
lead-time
target market
46. A rectangluar piece of luggage for carrying clothes.
accuracy
piggyback
suitcase
break bulk
47. System where goods are produced as and when they are needed rather than producing items in advance and storing them in a warehouse.
just-in-time manufacturing
limited liability
EBITDA
franchise
48. The right to have details of your financial transactions kept secret.
secret ballot
financial privacy
warehouse
mission statement
49. The ability to develop new ideas.
invention
A & E (Accident & Emergency)
creativity
corporation
50. Vessel designed to carry bulk cargo such as grain or ore.
trade secret
procedure
bulk carriers
stock exchange