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Test your basic knowledge |
Business English Test
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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. Officials formally appointed to run and represent a company.
key performance indicator
stakeholder
accommodation
officers of a company
2. Duties or taxes imposed by the government on imported and exported goods.
lead-time
fire extinguisher
limited liability
customs
3. Fundamental human rights usually protected by law such as freedom of speech and religion.
civil liberties
market capitalization
trailer
analysis
4. The estimated loss of value of assets over a period of time.
depreciation
creativity
Ro/Ro
business mission
5. Written description of how something should be done.
procedure
third party
fiscal year
carousel
6. The efforts to make a product seem different from rival products or even unique.
co-operative
fork lift
differentiation
share capital
7. Shortened form of Roll on/Roll off meaning a ship which trucks can drive straight onto without the need for cranes.
Ro/Ro
fiscal year
marketing mix
retained earnings
8. Cargo which is booked but does not arrive in time to be loaded onto a vessel.
no-show
internet privacy
corporation
mission statement
9. A marketing strategy where a company tries to gain greater dominance in a market - for example - by offering special prices.
hose
income statement
share capital
market penetration strategy
10. A financial statement showing sales - cost of sales - gross margin - operating expenses etc.
property rights
income statement
goggles
accommodation
11. The science of making sure people and machines work together as well as possible.
brand equity
peak times
ergonomics
business mission
12. A standard used to compare some aspect of a business to an external measure.
due diligence
benchmark
secret ballot
trespassing
13. When a company produces a product of a type they have not previously made.
diversification
feeder service
security
electronic trail
14. The benefit of larger scale production where costs are spread over more units which lowers the average unit cost.
electronic trail
US Fourth Amendment
common stock
economies of scale
15. The organization that surveys and classifies ships for insurance companies.
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16. A short statement describing the main objectives and aims of a business.
assets
freighters
bulk carriers
mission statement
17. A business classed as a separate legal entity so if there is a financial problem the owners would not lose all their money - only the money they had invested in the company.
procedure
fixed cost
quality audit
limited liability
18. To decide that an agreed appointment or booking will not take place.
security
full containerships
cancel
differentiation
19. Port where cargo enters a country and is unloaded.
port of entry
track
trespassing
break bulk
20. The expected behaviour or standard for something.
norm
analysis
logistics
fork lift
21. The granting of power to perform various acts or duties.
feedback
portfolio
cancel
accreditation
22. A technique used to assess expected profitability of a company or single product.
charity
valid
trespassing
break-even analysis
23. The possibility of suffering harm or loss; a danger.
marketing mix
risk
commission
trespassing
24. Unfair treatment of a person or group based on prejudice.
discrimination
franchise
fixed cost
break-even analysis
25. Protective helmet worn on building sites etc. to prevent injuries to the head.
sexual privacy
risk
Bill of Lading
hard hat
26. The obsessive following - observing or contacting of another person.
first aid
injury
fraud
stalking
27. An agreement that regulates the rights and obligations of shareholders.
portfolio
common stock
security
deed of partnership
28. Initial medical attention given to someone in the event of an accident or sudden illness.
track
bed & breakfast
analysis
first aid
29. A telephone call requested at a certain time to wake someone up.
electronic trail
identity theft
wake-up call
pallet
30. A wealthy person who invests in a start-up company.
venture capitalist
valid
general cargo freighters
invasion of privacy
31. A statisitical measure of how well a company is doing in a certain area.
IPO - Initial Public Offering
key performance indicator
hose
logistics
32. Transportation method where truck trailers with their loads are moved by train to their destination.
piggyback
fire extinguisher
identity theft
stock exchange
33. Property that a business owns - including cash and receivables - inventory etc.
financial privacy
air cargo
assets
stopover
34. Goods which are shipped loose in the hold of a ship.
peak times
carrier
ergonomics
bulk cargo
35. Net profits divided by net worth or total equity.
analysis
sexual privacy
return on investment
anonymity
36. The planning - implementation and control of flow and storage of goods.
customs
logistics
ergonomics
air cargo
37. Someone who starts a new business venture often involving innovation and risk taking.
operating expenses
entrepreneuer
barrel (BBL)
acid test
38. Things which are likely or feasible.
share
commission
possibilities
bonded warehouse
39. The year as used in accounting which can begin and end in any month as the company sees fit.
anonymity
piggyback
fiscal year
bed & breakfast
40. The right to have your sexual orientation and practices remain secret.
sample
sexual privacy
goggles
full containerships
41. 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.
force majeure
in transit
acid test
brand equity
42. Abbreviation for a standardized container - Twenty-foot equivalent unit.
variable cost
risk
TEU
piggyback
43. The right to have details of your financial transactions kept secret.
bonded warehouse
financial privacy
sample
invention
44. In a business plan this is the change in the cash balance.
due diligence
wake-up call
Ro/Ro
cash flow
45. A name - term - sign - symbol - design or combination of these used to uniquely identify a producer's goods.
franchise
corporation
brand
full containerships
46. The right to privacy and control of your information on the internet.
information privacy
internet privacy
depreciation
precaution
47. Activities involved in protecting a country - building or person against danger or attack.
identity theft
memorandum of association
security
inventory
48. Usually wooden base used for moving or storing stacked goods.
pallet
share
freedom of speech
fraud
49. The system of technology - people - organizations etc involved in moving services or products from supplier to customer.
liner
accounts receivable
mission statement
supply chain
50. Device containing water - foam or powder used to put out a fire.
variable cost
information privacy
market capitalization
fire extinguisher
Can you answer 50 questions in 15 minutes?
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