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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 small hotel or private house that rents out rooms to sleep in - including breakfast - at reasonable prices.
advice of shipment
Leveraged Buy-Out
retained earnings
bed & breakfast
2. Earnings which are reinvested in the company rather than paid out as dividends.
retained earnings
financial privacy
feedback
electronic trail
3. A shipment of goods to a consignee.
franchise
feedback
consignment
equity financing
4. Insurance covering loss or damage of goods at sea.
marine insurance
information privacy
A & E (Accident & Emergency)
SWOT analysis
5. Shaping a companies' offering and image to occupy a unique and valued place in the customer's mind.
positioning
due diligence
quality audit
anonymity
6. Bills to be paid as part of the normal course of business.
charity
goodwill
accounts payable
share
7. To decide that an agreed appointment or booking will not take place.
cancel
return on investment
Companies House
trespassing
8. To make valid by approval - to establish the certainty of something.
confirm
accounts receivable
first aid
platform
9. Business wholly owned by its employees with the emphasis on group decision making.
co-operative
stock exchange
electronic trail
TEU
10. The expected behaviour or standard for something.
freighters
norm
marketing mix
secret ballot
11. The right to privacy and control of your information on the internet.
franchise
internet privacy
general cargo freighters
differentiation
12. The relationship between technology and the legal right to privacy in the collection and sharing of data about oneself.
information privacy
liabilities
penetration pricing strategy
brand
13. The planning - implementation and control of flow and storage of goods.
barrel (BBL)
analysis
target market
logistics
14. Costs that fluctuate in direct relation to the volume of units produced.
variable cost
feeder service
venture capitalist
dividend
15. In a business plan this is the change in the cash balance.
port of entry
diversification
cash flow
air cargo
16. An organization able to respond to and address changes in a market - their environment or industry.
fuse
CCTV (closed-circuit television)
operating expenses
adaptive firm
17. A company where the owners are personally liable for the debts of the company.
unlimited liability
fiscal year
feedback
EBIT
18. Letting a third-party company take care of your logistics for you.
electronic trail
market capitalization
barrel (BBL)
logistics outsourcing
19. List of goods in a store or warehouse.
inventory
operating expenses
A & E (Accident & Emergency)
stakeholder
20. A notice to a buyer that shipment has gone forward which contains details of packing - routing etc.
accounts receivable
platform
trade secret
advice of shipment
21. When someone breaks your right to privacy.
fire extinguisher
Roll-on/Roll-off vessels
confirm
invasion of privacy
22. Activities involved in protecting a country - building or person against danger or attack.
dividend
CCTV (closed-circuit television)
return on investment
security
23. Someone who acts as an agent on behalf of a shipper.
stock exchange
lead-time
wake-up call
freight forwarder
24. A rectangluar piece of luggage for carrying clothes.
freight forwarder
turnaround
just-in-time manufacturing
suitcase
25. The benefit of larger scale production where costs are spread over more units which lowers the average unit cost.
precaution
ergonomics
common stock
economies of scale
26. A defined segment of the market that a product is aimed at.
IPO - Initial Public Offering
target market
Lloyds' Registry
brand recognition
27. The characteristic of a measurement regarding how precise it is.
feeder service
stakeholder
pallet
accuracy
28. Setting a relatively low intitial price for a new product in order to win market share.
penetration pricing strategy
creativity
deed of partnership
Companies House
29. Officials formally appointed to run and represent a company.
business mission
officers of a company
goodwill
assets
30. Written description of how something should be done.
stalking
procedure
fork lift
general cargo freighters
31. The obsessive following - observing or contacting of another person.
stalking
goggles
sample
wake-up call
32. The right to say what you want without anyone stopping you.
general cargo freighters
diversification
air cargo
freedom of speech
33. Setting a high initial price for a product to create a price-quality idea which early adopters will happily accept.
brand
skimming pricing strategy
consensus
FEU
34. Compensation paid to a person on the basis of products sold.
return on investment
EBIT
bonded warehouse
commission
35. A formal framework for identifying an organization's growth opportunities - strengths - weaknesses - opportunities and threats.
SWOT analysis
adaptive firm
bulk carriers
Clean Bill of Lading
36. A test of a company's ability to meet its immediate cash requirements: short-term assets minus accounts receivable and inventory - divided by short-term liabilities.
acid test
logistics outsourcing
anonymity
portfolio
37. Anyone who has an interest in the success of an organization - e.g. the owner - employees - shareholders.
Leveraged Buy-Out
stakeholder
Companies House
memorandum of association
38. A response or reaction to a piece of information.
advice of shipment
common stock
operating expenses
feedback
39. A method recognised throughout a business sector as the best way to do something.
freighters
best practice
fire extinguisher
EBIT
40. Cargo which is transported by plane.
air cargo
logistics outsourcing
bulk cargo
platform
41. When you allow someone to start a specific business by using your products in exchange for a part of his profits.
classified information
anonymity
valid
franchise
42. Fundamental human rights usually protected by law such as freedom of speech and religion.
logistics
key performance indicator
civil liberties
liner
43. An invasion of someone's private life without due cause.
breach of privacy
brand recognition
payroll
trespassing
44. Useable or acceptable.
break-even analysis
portfolio
asset turnover
valid
45. The total value of all the outstanding shares of a publicly-traded company.
business mission
security
market capitalization
customs
46. The examination and evaluation of something.
bed & breakfast
analysis
norm
no-show
47. The right to have your political view kept secret.
political privacy
track
force majeure
inventory
48. The categorization of potential customers into groups based on common characteristics.
discovery
market segmentation
skimming pricing strategy
fraud
49. When a company buys another one for more than the asset value the difference is called goodwill.
cash flow
goodwill
hard hat
diversification
50. A piece of information - for example how a certain product is made - which is only known to the company that makes it.
trade secret
general cargo freighters
commission
business mission