Test your basic knowledge |

Business English Test

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 notice to a buyer that shipment has gone forward which contains details of packing - routing etc.






2. Part of the Bill of Rights which provides people with the right to be secure in their persons - houses - papers etc.






3. The amount of money of a company's profits that is distributed to its shareholders.






4. Raised flat area beside a train track for entering or exiting a train.






5. When someone breaks your right to privacy.






6. The science of making sure people and machines work together as well as possible.






7. Cargo which is transported by plane.






8. A company that moves goods or passengers from one place to another.






9. Initial medical attention given to someone in the event of an accident or sudden illness.






10. Series of questions designed to gather information on a certain topic.






11. Transporting something using different means of transport - e.g. first on a truck and then on a ship.






12. A telephone call requested at a certain time to wake someone up.






13. The examination and evaluation of something.






14. The right to have your political view kept secret.






15. Information officially declared secret - such as classified documents or material that are available only to particular people.






16. A financial statement showing sales - cost of sales - gross margin - operating expenses etc.






17. A person who is on the managing board of a business.






18. The monitoring or close observation of behaviour.






19. A defined segment of the market that a product is aimed at.






20. Forty-Foot Equivalent Units - a standard size for shipping containers.






21. Damage or hurt experienced by a person or animal.






22. A wealthy person who invests in a start-up company.






23. Compensation paid to a person on the basis of products sold.






24. Monitoring of public places using video cameras.






25. A unit of measure for liquids equivalent to 42 gallons.






26. The possibility of suffering harm or loss; a danger.






27. Positions customer's relative perceptions of one brand in comparison to other competitive alternatives.






28. The right to say what you want without anyone stopping you.






29. Transportation method where truck trailers with their loads are moved by train to their destination.






30. In a business plan this is the change in the cash balance.






31. The first time a company offers its shares to the public.






32. A form of company which has a separate legal identity and limited liabilities.






33. The crime of deceiving someone to get money or good illegally.






34. Someone who starts a new business venture often involving innovation and risk taking.






35. An agreement that regulates the rights and obligations of shareholders.






36. The fraudulent use of someone's identity in order to steal money or get other benefits.






37. System where goods are produced as and when they are needed rather than producing items in advance and storing them in a warehouse.






38. Estimated Time of Arrival.






39. A voting system where each vote is kept private.






40. Letting a third-party company take care of your logistics for you.






41. An invasion of someone's private life without due cause.






42. Earnings Before Interest - Taxes - Depreciation and Amortization.






43. A receipt for goods issued by a carrier indicated that goods were received without damage or irregularities.






44. Ceiling-mounted camera used in stores and casinos etc to monitor customers.

Warning: Invalid argument supplied for foreach() in /var/www/html/basicversity.com/show_quiz.php on line 183


45. When a company buys another one for more than the asset value the difference is called goodwill.






46. A model depicting the sales curve of a product split into four stages - introduction - growth - maturity and decline.






47. The year as used in accounting which can begin and end in any month as the company sees fit.






48. A piece of information - for example how a certain product is made - which is only known to the company that makes it.






49. Mechanical device controlling the flow of a gas or liquid in a system.






50. Setting a relatively low intitial price for a new product in order to win market share.