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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. Setting a high initial price for a product to create a price-quality idea which early adopters will happily accept.
skimming pricing strategy
share
injury
benchmark
2. Estimated Time of Arrival.
'eye in the sky' camera
ETA
air cargo
income statement
3. A company that moves goods or passengers from one place to another.
carrier
business mission
in transit
trade secret
4. A demanding or stimulating situation.
challenge
EBIT
fire extinguisher
common stock
5. Activities including product - method of distribution - method of advertising which all affect how a product is marketing.
marketing mix
wake-up call
intermodal transport
confirm
6. The idea that anything you tell your doctor will remain confidential.
medical privacy
income statement
wake-up call
liabilities
7. Ships fitted with tanks to carry liquid or gas cargoes.
no-show
spyware
bonded warehouse
tankers
8. Expenses for a company which do not change based on production or sales levels.
differentiation
retained earnings
surveillance
fixed cost
9. A shipment of goods to a consignee.
assets
consignment
ergonomics
lead-time
10. Debts; money that must be paid.
liabilities
accounts payable
market capitalization
just-in-time manufacturing
11. When all members of a group agree to support a decision even if they don't agree with it.
fixed cost
fork lift
consensus
discrimination
12. To decide that an agreed appointment or booking will not take place.
return on investment
cancel
piggyback
civil liberties
13. A place for the reception - delivery - consolidation - distribution and storage of goods and cargo.
target market
rights violation
accounts receivable
warehouse
14. A delivery which is currently between its source and destination.
in transit
sample
classified information
assets
15. The crime of deceiving someone to get money or good illegally.
benchmark
fraud
possibilities
adaptive firm
16. Someone who invests in a business partnership without taking part in business affairs. Usually sleeping partners have limited liability.
common stock
in transit
invention
sleeping partner
17. When a company produces a product of a type they have not previously made.
CCTV (closed-circuit television)
diversification
Leveraged Buy-Out
warehouse
18. A vessel sailing between specific ports on a regular basis.
marine insurance
economies of scale
freedom of speech
liner
19. To make valid by approval - to establish the certainty of something.
adaptive firm
marine insurance
confirm
freighters
20. The complete range of a company's offerings including products and services.
asset turnover
portfolio
full containerships
identity theft
21. An invasion of someone's private life without due cause.
share
breach of privacy
brand equity
survey
22. A piece of information - for example how a certain product is made - which is only known to the company that makes it.
goodwill
trailer
carousel
trade secret
23. Things which are likely or feasible.
possibilities
intermodal transport
mission statement
customs
24. The first time a company offers its shares to the public.
operating expenses
IPO - Initial Public Offering
goodwill
stakeholder
25. Positions customer's relative perceptions of one brand in comparison to other competitive alternatives.
seed capital
fraud
key performance indicator
brand recognition
26. Someone who acts as an agent on behalf of a shipper.
freight forwarder
portfolio
information privacy
fixed cost
27. Documents used to procure freight and express transportation and services from commercial carriers.
identity theft
Bill of Lading
brand
liabilities
28. The amount of money of a company's profits that is distributed to its shareholders.
US Fourth Amendment
skimming pricing strategy
break bulk
dividend
29. Entering land or property without permission from the owner or the right to enter.
economies of scale
trespassing
EBITDA
property rights
30. A name - term - sign - symbol - design or combination of these used to uniquely identify a producer's goods.
penetration pricing strategy
brand
stalking
skimming pricing strategy
31. A formal framework for identifying an organization's growth opportunities - strengths - weaknesses - opportunities and threats.
SWOT analysis
advice of shipment
supply chain
brand recognition
32. A process of verifying all information about a company including but not limited to financials - management - market share and risks.
property rights
due diligence
MTBF (Mean Time Between Failures)
breach of privacy
33. A non-profit making organization which exists to support and help a particular group.
feedback
charity
FEU
brand
34. The times of highest demand for a product or service.
Companies House
peak times
secret ballot
A & E (Accident & Emergency)
35. A rectangluar piece of luggage for carrying clothes.
share
brand equity
market capitalization
suitcase
36. Costs that fluctuate in direct relation to the volume of units produced.
advice of shipment
discrimination
dividend
variable cost
37. The estimated loss of value of assets over a period of time.
depreciation
property rights
bulk cargo
identity theft
38. Protective helmet worn on building sites etc. to prevent injuries to the head.
warehouse
brand
valve
hard hat
39. Setting a relatively low intitial price for a new product in order to win market share.
differentiation
positioning
secret ballot
penetration pricing strategy
40. A wealthy person who invests in a start-up company.
US Fourth Amendment
venture capitalist
bonded warehouse
port of entry
41. Device which breaks to stop the flow of current in the event of an overload.
feedback
fuse
FEU
mission statement
42. The obsessive following - observing or contacting of another person.
stalking
creativity
piggyback
force majeure
43. The truck unit onto which freight in a container is loaded.
stalking
officers of a company
trailer
supply chain
44. Debts owed to a company usually from sales on credit.
market segmentation
commission
accounts receivable
fixed cost
45. An agreement that regulates the rights and obligations of shareholders.
precaution
deed of partnership
security
information privacy
46. Ships with permanent container cells with little or no space for other cargo types.
full containerships
mission statement
market capitalization
accommodation
47. A method recognised throughout a business sector as the best way to do something.
differentiation
best practice
turnaround
marketing mix
48. Bills to be paid as part of the normal course of business.
advice of shipment
accounts payable
peak times
platform
49. List of goods in a store or warehouse.
inventory
freighters
stopover
best practice
50. Fundamental human rights usually protected by law such as freedom of speech and religion.
general cargo freighters
civil liberties
franchise
fuse