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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. The added value a brand name identity brings to a product or service.
inventory
brand equity
unlimited liability
US Fourth Amendment
2. Debts; money that must be paid.
liabilities
brand
payroll
breach of privacy
3. The point in units sold or sales amount when the expenses will be matched.
corporation
franchise
analysis
break-even point
4. A short description of a company's purpose in relation to customers - products - markets etc.
dividend
brand
financial privacy
business mission
5. A technique used to assess expected profitability of a company or single product.
MTBF (Mean Time Between Failures)
break-even analysis
seed capital
adaptive firm
6. An organization able to respond to and address changes in a market - their environment or industry.
co-operative
adaptive firm
differentiation
Lloyds' Registry
7. 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.
limited liability
SWOT analysis
warehouse
supply chain
8. Metal rails along which a train travels.
electronic trail
marine insurance
market segmentation
track
9. Entering land or property without permission from the owner or the right to enter.
trespassing
positioning
SWOT analysis
tankers
10. Port where cargo enters a country and is unloaded.
precaution
port of entry
FEU
market segmentation
11. In a business plan this is the change in the cash balance.
Roll-on/Roll-off vessels
cash flow
cancel
injury
12. Setting a relatively low intitial price for a new product in order to win market share.
penetration pricing strategy
anonymity
spyware
fire extinguisher
13. A marketing strategy where a company tries to gain greater dominance in a market - for example - by offering special prices.
bulk carriers
market penetration strategy
Lloyds' Registry
hard hat
14. Abbreviation for a standardized container - Twenty-foot equivalent unit.
TEU
trailer
fork lift
secret ballot
15. A company where the owners are personally liable for the debts of the company.
deed of partnership
unlimited liability
barrel (BBL)
intermodal transport
16. Unfair treatment of a person or group based on prejudice.
wake-up call
'eye in the sky' camera
fraud
discrimination
17. Transporting something using different means of transport - e.g. first on a truck and then on a ship.
consensus
internet privacy
skimming pricing strategy
intermodal transport
18. The organization that surveys and classifies ships for insurance companies.
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19. A document representing one unit of ownership in a corporation - mutual fund or limited partnership.
share
Clean Bill of Lading
return on investment
IPO - Initial Public Offering
20. Net profits divided by net worth or total equity.
brand recognition
return on investment
discrimination
key performance indicator
21. The right to have details of your financial transactions kept secret.
creativity
financial privacy
differentiation
portfolio
22. Finding out or ascertaining something previously unknown.
fraud
Roll-on/Roll-off vessels
discovery
political privacy
23. The possibility of suffering harm or loss; a danger.
risk
norm
IPO - Initial Public Offering
intermodal transport
24. 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
bulk cargo
no-show
cash flow
25. The monitoring or close observation of behaviour.
stalking
surveillance
diversification
positioning
26. Mechanical device controlling the flow of a gas or liquid in a system.
stock exchange
valve
return on investment
officers of a company
27. The right to privacy and control of your information on the internet.
cash flow
internet privacy
positioning
security
28. An invasion of someone's private life without due cause.
logistics outsourcing
Ro/Ro
return on investment
breach of privacy
29. Written description of how something should be done.
cancel
procedure
SWOT analysis
hard hat
30. A small hotel or private house that rents out rooms to sleep in - including breakfast - at reasonable prices.
fork lift
stock exchange
bed & breakfast
financial privacy
31. Protective eyewear worn when working with chemicals or dangerous machines.
entrepreneuer
goggles
business mission
pallet
32. Compensation paid to a person on the basis of products sold.
commission
identity theft
advice of shipment
force majeure
33. A government office which registers information on every company on the British market and circulates them to stakeholders.
force majeure
marine insurance
Companies House
corporation
34. A wealthy person who invests in a start-up company.
IPO - Initial Public Offering
venture capitalist
quality audit
adaptive firm
35. Monitoring of public places using video cameras.
creativity
CCTV (closed-circuit television)
confirm
sexual privacy
36. Officials formally appointed to run and represent a company.
ETA
US Fourth Amendment
officers of a company
goggles
37. Positions customer's relative perceptions of one brand in comparison to other competitive alternatives.
brand recognition
logistics outsourcing
corporation
trade secret
38. Someone who starts a new business venture often involving innovation and risk taking.
variable cost
brand recognition
entrepreneuer
in transit
39. To decide that an agreed appointment or booking will not take place.
cancel
seed capital
officers of a company
risk
40. Property that a business owns - including cash and receivables - inventory etc.
norm
assets
logistics
business mission
41. To make valid by approval - to establish the certainty of something.
key performance indicator
confirm
breach of privacy
platform
42. When a company produces a product of a type they have not previously made.
bed & breakfast
surveillance
portfolio
diversification
43. A response or reaction to a piece of information.
medical privacy
feedback
accreditation
Ro/Ro
44. A planned - temporary break in a journey - for instance to change planes.
SWOT analysis
stopover
fixed cost
feeder service
45. Information officially declared secret - such as classified documents or material that are available only to particular people.
cancel
rights violation
classified information
adaptive firm
46. The year as used in accounting which can begin and end in any month as the company sees fit.
marketing mix
Clean Bill of Lading
stopover
fiscal year
47. Expenses for a company which do not change based on production or sales levels.
commission
diversification
fixed cost
key performance indicator
48. The examination and evaluation of something.
supply chain
wake-up call
variable cost
analysis
49. Earnings Before Interest and Taxes.
EBIT
mission statement
MTBF (Mean Time Between Failures)
variable cost
50. Ceiling-mounted camera used in stores and casinos etc to monitor customers.
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