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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. Bills to be paid as part of the normal course of business.
accounts payable
logistics outsourcing
market segmentation
break-even analysis
2. A systematic - independent examination of whether a company's quality procedures are being followed and goals being achieved or not.
marketing mix
freight forwarder
internet privacy
quality audit
3. Usually wooden base used for moving or storing stacked goods.
bonded warehouse
pallet
internet privacy
equity financing
4. An invasion of someone's private life without due cause.
intermodal transport
freighters
breach of privacy
platform
5. Letting a third-party company take care of your logistics for you.
general cargo freighters
platform
mission statement
logistics outsourcing
6. The benefit of larger scale production where costs are spread over more units which lowers the average unit cost.
spyware
economies of scale
barrel (BBL)
officers of a company
7. System where goods are produced as and when they are needed rather than producing items in advance and storing them in a warehouse.
stalking
depreciation
just-in-time manufacturing
marketing mix
8. 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.
suitcase
acid test
diversification
penetration pricing strategy
9. The year as used in accounting which can begin and end in any month as the company sees fit.
fiscal year
civil liberties
survey
confirm
10. Events which are beyond the control of a carrier like war - earthquakes or floods.
force majeure
risk
due diligence
survey
11. Mechanical device controlling the flow of a gas or liquid in a system.
valve
discrimination
sample
Clean Bill of Lading
12. When all members of a group agree to support a decision even if they don't agree with it.
venture capitalist
skimming pricing strategy
consensus
common stock
13. A model depicting the sales curve of a product split into four stages - introduction - growth - maturity and decline.
ETA
life cycle
franchise
bonded warehouse
14. The expected behaviour or standard for something.
share capital
first aid
norm
property rights
15. Initial medical attention given to someone in the event of an accident or sudden illness.
officers of a company
valve
first aid
lead-time
16. Property that a business owns - including cash and receivables - inventory etc.
norm
rights violation
marketing mix
assets
17. Abbreviation for a standardized container - Twenty-foot equivalent unit.
information privacy
TEU
tankers
general cargo freighters
18. A company where the owners are personally liable for the debts of the company.
unlimited liability
logistics outsourcing
portfolio
norm
19. A demanding or stimulating situation.
challenge
accuracy
political privacy
memorandum of association
20. A method recognised throughout a business sector as the best way to do something.
creativity
Leveraged Buy-Out
spyware
best practice
21. A planned - temporary break in a journey - for instance to change planes.
intermodal transport
fire extinguisher
stopover
assets
22. The right to have your sexual orientation and practices remain secret.
sexual privacy
share
Ro/Ro
carousel
23. Wages - salaries and other forms of employee compensation.
advice of shipment
payroll
brand
challenge
24. Costs that fluctuate in direct relation to the volume of units produced.
property rights
rights violation
Companies House
variable cost
25. The ability to develop new ideas.
freight forwarder
creativity
Bill of Lading
market capitalization
26. The fraudulent use of someone's identity in order to steal money or get other benefits.
identity theft
payroll
logistics
'eye in the sky' camera
27. A technique used to assess expected profitability of a company or single product.
precaution
break-even analysis
stopover
CCTV (closed-circuit television)
28. The total value of the money invested into a company by its shareholders.
first aid
operating expenses
track
share capital
29. The characteristic of a measurement regarding how precise it is.
valid
accuracy
logistics outsourcing
break bulk
30. A process of verifying all information about a company including but not limited to financials - management - market share and risks.
secret ballot
injury
discrimination
due diligence
31. Anyone who has an interest in the success of an organization - e.g. the owner - employees - shareholders.
life cycle
stakeholder
commission
accreditation
32. Information officially declared secret - such as classified documents or material that are available only to particular people.
accounts receivable
classified information
sexual privacy
TEU
33. Documents used to procure freight and express transportation and services from commercial carriers.
ergonomics
risk
Bill of Lading
asset turnover
34. List of goods in a store or warehouse.
depreciation
goodwill
inventory
entrepreneuer
35. The point in units sold or sales amount when the expenses will be matched.
consensus
barrel (BBL)
break-even point
discovery
36. The right to privacy and control of your information on the internet.
internet privacy
accuracy
consensus
SWOT analysis
37. The total value of all the outstanding shares of a publicly-traded company.
market capitalization
fixed cost
procedure
port of entry
38. Raised flat area beside a train track for entering or exiting a train.
platform
trade secret
creativity
Clean Bill of Lading
39. A place for the reception - delivery - consolidation - distribution and storage of goods and cargo.
goggles
warehouse
cash flow
operating expenses
40. A place where parts of the ownership of companies are bought and sold - or the organization of people whose job is to do the buying and selling.
fraud
stock exchange
share capital
accounts receivable
41. The amount of money of a company's profits that is distributed to its shareholders.
dividend
memorandum of association
tankers
spyware
42. The time it takes between the arrival of a vessel or aircraft and its departure.
turnaround
freight forwarder
liner
bulk cargo
43. The estimated loss of value of assets over a period of time.
depreciation
carrier
in transit
officers of a company
44. Fundamental human rights usually protected by law such as freedom of speech and religion.
ETA
seed capital
bonded warehouse
civil liberties
45. Metal rails along which a train travels.
track
US Fourth Amendment
seed capital
acid test
46. Ships especially designed for trucks to drive into them using internal ramps.
SWOT analysis
electronic trail
general cargo freighters
Roll-on/Roll-off vessels
47. A defined segment of the market that a product is aimed at.
business mission
target market
fork lift
operating expenses
48. Series of questions designed to gather information on a certain topic.
survey
confirm
differentiation
property rights
49. A response or reaction to a piece of information.
brand equity
spyware
feedback
challenge
50. Unfair treatment of a person or group based on prejudice.
confirm
discrimination
risk
break-even point