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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 unit of measure for liquids equivalent to 42 gallons.
barrel (BBL)
air cargo
brand
challenge
2. A wealthy person who invests in a start-up company.
venture capitalist
common stock
internet privacy
piggyback
3. A measure of the average time between failures in a system - the higher the amount - the more reliable the thing is.
portfolio
A & E (Accident & Emergency)
MTBF (Mean Time Between Failures)
seed capital
4. Debts owed to a company usually from sales on credit.
bonded warehouse
share
accounts receivable
acid test
5. A notice to a buyer that shipment has gone forward which contains details of packing - routing etc.
advice of shipment
freedom of speech
invasion of privacy
feeder service
6. The ability to develop new ideas.
unlimited liability
surveillance
creativity
seed capital
7. A method recognised throughout a business sector as the best way to do something.
due diligence
secret ballot
best practice
Leveraged Buy-Out
8. Finding out or ascertaining something previously unknown.
feeder service
diversification
discovery
lead-time
9. Device containing water - foam or powder used to put out a fire.
trespassing
fire extinguisher
retained earnings
accounts payable
10. The estimated loss of value of assets over a period of time.
discrimination
sleeping partner
depreciation
'eye in the sky' camera
11. The right to privacy and control of your information on the internet.
political privacy
fiscal year
internet privacy
market penetration strategy
12. When a company produces a product of a type they have not previously made.
diversification
hard hat
life cycle
fixed cost
13. A rectangluar piece of luggage for carrying clothes.
inventory
co-operative
corporation
suitcase
14. Events which are beyond the control of a carrier like war - earthquakes or floods.
brand
co-operative
force majeure
norm
15. The right to say what you want without anyone stopping you.
Bill of Lading
freedom of speech
just-in-time manufacturing
Clean Bill of Lading
16. Anyone who has an interest in the success of an organization - e.g. the owner - employees - shareholders.
portfolio
cancel
penetration pricing strategy
stakeholder
17. The complete range of a company's offerings including products and services.
spyware
portfolio
injury
adaptive firm
18. Goods which are shipped loose in the hold of a ship.
seed capital
possibilities
track
bulk cargo
19. Ships especially designed for trucks to drive into them using internal ramps.
port of entry
fork lift
Roll-on/Roll-off vessels
confirm
20. A delivery which is currently between its source and destination.
political privacy
in transit
feeder service
trespassing
21. Shaping a companies' offering and image to occupy a unique and valued place in the customer's mind.
classified information
just-in-time manufacturing
positioning
anonymity
22. An invasion of someone's private life without due cause.
breach of privacy
US Fourth Amendment
injury
norm
23. Ceiling-mounted camera used in stores and casinos etc to monitor customers.
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24. A process of verifying all information about a company including but not limited to financials - management - market share and risks.
due diligence
advice of shipment
share capital
inventory
25. The relationship between technology and the legal right to privacy in the collection and sharing of data about oneself.
information privacy
unlimited liability
goggles
life cycle
26. The right of owners of physical or intellectual property to consume - rent or sell their property.
bulk carriers
property rights
economies of scale
third party
27. List of goods in a store or warehouse.
EBITDA
return on investment
inventory
port of entry
28. Compensation paid to a person on the basis of products sold.
spyware
commission
internet privacy
platform
29. Cargo which is transported by plane.
fire extinguisher
sleeping partner
air cargo
spyware
30. To decide that an agreed appointment or booking will not take place.
cancel
adaptive firm
diversification
EBITDA
31. Someone who invests in a business partnership without taking part in business affairs. Usually sleeping partners have limited liability.
US Fourth Amendment
sleeping partner
creativity
stalking
32. A form of company which has a separate legal identity and limited liabilities.
corporation
piggyback
Roll-on/Roll-off vessels
logistics outsourcing
33. Setting a high initial price for a product to create a price-quality idea which early adopters will happily accept.
customs
internet privacy
skimming pricing strategy
full containerships
34. The categorization of potential customers into groups based on common characteristics.
market segmentation
MTBF (Mean Time Between Failures)
stakeholder
deed of partnership
35. Officials formally appointed to run and represent a company.
freighters
market penetration strategy
Companies House
officers of a company
36. Costs that fluctuate in direct relation to the volume of units produced.
sexual privacy
marine insurance
variable cost
air cargo
37. Cargo which is booked but does not arrive in time to be loaded onto a vessel.
no-show
fork lift
depreciation
stopover
38. The right to have details of your financial transactions kept secret.
TEU
possibilities
financial privacy
discovery
39. Activities including product - method of distribution - method of advertising which all affect how a product is marketing.
confirm
marketing mix
fraud
intermodal transport
40. The time it takes between the arrival of a vessel or aircraft and its departure.
'eye in the sky' camera
deed of partnership
medical privacy
turnaround
41. A person who is involved in a situation in addition to the two main participants.
third party
risk
bed & breakfast
air cargo
42. Steps taken in advance to avoid an accident happening.
asset turnover
creativity
precaution
sample
43. The system of technology - people - organizations etc involved in moving services or products from supplier to customer.
supply chain
stakeholder
sample
TEU
44. Abbreviation for a standardized container - Twenty-foot equivalent unit.
TEU
sample
bonded warehouse
procedure
45. To make valid by approval - to establish the certainty of something.
officers of a company
Clean Bill of Lading
confirm
platform
46. The fraudulent use of someone's identity in order to steal money or get other benefits.
sleeping partner
identity theft
accounts payable
brand equity
47. The characteristic of a measurement regarding how precise it is.
accuracy
goggles
ergonomics
invasion of privacy
48. In a business plan this is the change in the cash balance.
break-even point
sexual privacy
acid test
cash flow
49. When all members of a group agree to support a decision even if they don't agree with it.
consensus
deed of partnership
EBITDA
freighters
50. Documents used to procure freight and express transportation and services from commercial carriers.
bonded warehouse
first aid
seed capital
Bill of Lading