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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. The year as used in accounting which can begin and end in any month as the company sees fit.
sample
piggyback
air cargo
fiscal year
2. Vessel designed to carry bulk cargo such as grain or ore.
bulk carriers
stock exchange
carousel
best practice
3. A defined segment of the market that a product is aimed at.
target market
carrier
skimming pricing strategy
tankers
4. The monitoring or close observation of behaviour.
break bulk
surveillance
differentiation
commission
5. A short description of a company's purpose in relation to customers - products - markets etc.
business mission
life cycle
break-even analysis
trade secret
6. A method recognised throughout a business sector as the best way to do something.
best practice
feeder service
business mission
brand equity
7. Things which are likely or feasible.
possibilities
peak times
spyware
property rights
8. A demanding or stimulating situation.
confirm
challenge
IPO - Initial Public Offering
piggyback
9. The right to have your political view kept secret.
political privacy
economies of scale
suitcase
internet privacy
10. The first time a company offers its shares to the public.
stakeholder
IPO - Initial Public Offering
general cargo freighters
entrepreneuer
11. A unit of measure for liquids equivalent to 42 gallons.
valid
stock exchange
barrel (BBL)
feeder service
12. Device which breaks to stop the flow of current in the event of an overload.
fuse
limited liability
differentiation
break-even analysis
13. Protective eyewear worn when working with chemicals or dangerous machines.
break-even point
goggles
portfolio
sleeping partner
14. To decide that an agreed appointment or booking will not take place.
supply chain
marketing mix
hard hat
cancel
15. Raised flat area beside a train track for entering or exiting a train.
invasion of privacy
warehouse
platform
diversification
16. A portion - piece or segment of something that is representative of the whole.
trailer
stakeholder
possibilities
sample
17. Debts owed to a company usually from sales on credit.
payroll
accounts receivable
pallet
Leveraged Buy-Out
18. Officials formally appointed to run and represent a company.
track
TEU
officers of a company
memorandum of association
19. An invasion of someone's private life without due cause.
breach of privacy
just-in-time manufacturing
surveillance
commission
20. The point in units sold or sales amount when the expenses will be matched.
break-even point
sleeping partner
invention
freighters
21. A machine used to pick up and transport goods loaded on pallets.
sample
share capital
fork lift
adaptive firm
22. Useable or acceptable.
valid
tankers
market capitalization
stopover
23. The right to have your sexual orientation and practices remain secret.
sexual privacy
challenge
platform
just-in-time manufacturing
24. To unload and distribute some or all the contents of a rail car - container or trailer.
break bulk
benchmark
fixed cost
confirm
25. Transportation method where truck trailers with their loads are moved by train to their destination.
piggyback
liabilities
medical privacy
anonymity
26. The time it takes between the arrival of a vessel or aircraft and its departure.
possibilities
franchise
turnaround
cash flow
27. Abbreviation for a standardized container - Twenty-foot equivalent unit.
assets
TEU
memorandum of association
limited liability
28. A statisitical measure of how well a company is doing in a certain area.
no-show
consignment
intermodal transport
key performance indicator
29. A form of company which has a separate legal identity and limited liabilities.
TEU
political privacy
discovery
corporation
30. Electronic records of phone calls - bank transactions etc which paint a picture of what a person did - where and when.
variable cost
electronic trail
break-even point
Ro/Ro
31. 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.
share
limited liability
carrier
depreciation
32. The characteristic of a measurement regarding how precise it is.
quality audit
ETA
accuracy
IPO - Initial Public Offering
33. The complete range of a company's offerings including products and services.
ETA
quality audit
portfolio
sleeping partner
34. The benefit of larger scale production where costs are spread over more units which lowers the average unit cost.
trailer
financial privacy
sample
economies of scale
35. The obsessive following - observing or contacting of another person.
stalking
port of entry
marketing mix
share
36. Someone who acts as an agent on behalf of a shipper.
freight forwarder
hard hat
'eye in the sky' camera
warehouse
37. When a company produces a product of a type they have not previously made.
diversification
financial privacy
sleeping partner
market penetration strategy
38. A non-profit making organization which exists to support and help a particular group.
charity
income statement
breach of privacy
stalking
39. Letting a third-party company take care of your logistics for you.
breach of privacy
financial privacy
accounts receivable
logistics outsourcing
40. A receipt for goods issued by a carrier indicated that goods were received without damage or irregularities.
freighters
positioning
economies of scale
Clean Bill of Lading
41. When a company buys another one for more than the asset value the difference is called goodwill.
in transit
liner
goodwill
carrier
42. A flexible tube used to transport liquids or gas.
target market
Ro/Ro
payroll
hose
43. A warehouse authorized by customs where goods are stored and no payment is required until the goods are removed.
bonded warehouse
MTBF (Mean Time Between Failures)
barrel (BBL)
consensus
44. A process of verifying all information about a company including but not limited to financials - management - market share and risks.
inventory
invasion of privacy
dividend
due diligence
45. A voting system where each vote is kept private.
warehouse
fuse
secret ballot
portfolio
46. A systematic - independent examination of whether a company's quality procedures are being followed and goals being achieved or not.
quality audit
fork lift
just-in-time manufacturing
valve
47. A piece of information - for example how a certain product is made - which is only known to the company that makes it.
force majeure
trade secret
first aid
diversification
48. Series of questions designed to gather information on a certain topic.
market segmentation
advice of shipment
limited liability
survey
49. A company that moves goods or passengers from one place to another.
anonymity
carrier
entrepreneuer
director
50. The science of making sure people and machines work together as well as possible.
deed of partnership
trespassing
ergonomics
liner
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