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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. A person who is on the managing board of a business.
key performance indicator
skimming pricing strategy
director
no-show
2. A standard used to compare some aspect of a business to an external measure.
internet privacy
target market
benchmark
force majeure
3. 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.
invasion of privacy
fraud
acid test
spyware
4. A model depicting the sales curve of a product split into four stages - introduction - growth - maturity and decline.
life cycle
financial privacy
bulk carriers
supply chain
5. A formal framework for identifying an organization's growth opportunities - strengths - weaknesses - opportunities and threats.
SWOT analysis
entrepreneuer
discrimination
bulk cargo
6. Finding out or ascertaining something previously unknown.
depreciation
suitcase
discovery
logistics
7. The purchase of a business based on the company's cash recipts and the belief positive cash flow will continue.
Leveraged Buy-Out
valve
confirm
equity financing
8. A name - term - sign - symbol - design or combination of these used to uniquely identify a producer's goods.
confirm
electronic trail
challenge
brand
9. The fraudulent use of someone's identity in order to steal money or get other benefits.
identity theft
wake-up call
hard hat
market capitalization
10. Transporting something using different means of transport - e.g. first on a truck and then on a ship.
lead-time
valve
intermodal transport
asset turnover
11. Documents used to procure freight and express transportation and services from commercial carriers.
Bill of Lading
identity theft
CCTV (closed-circuit television)
trespassing
12. A notice to a buyer that shipment has gone forward which contains details of packing - routing etc.
income statement
stakeholder
stopover
advice of shipment
13. A piece of information - for example how a certain product is made - which is only known to the company that makes it.
consensus
retained earnings
medical privacy
trade secret
14. A financial statement showing sales - cost of sales - gross margin - operating expenses etc.
income statement
break-even point
valid
challenge
15. Abbreviation for a standardized container - Twenty-foot equivalent unit.
accreditation
TEU
supply chain
breach of privacy
16. The truck unit onto which freight in a container is loaded.
civil liberties
trailer
lead-time
seed capital
17. A flexible tube used to transport liquids or gas.
supply chain
hose
discrimination
freedom of speech
18. Surveillance tools installed on a computer without the users' consent.
spyware
life cycle
goggles
return on investment
19. An invasion of someone's private life without due cause.
creativity
breach of privacy
full containerships
share capital
20. Metal rails along which a train travels.
hard hat
track
challenge
precaution
21. Costs that fluctuate in direct relation to the volume of units produced.
valve
variable cost
sexual privacy
market segmentation
22. Initial medical attention given to someone in the event of an accident or sudden illness.
barrel (BBL)
first aid
due diligence
benchmark
23. When a company buys another one for more than the asset value the difference is called goodwill.
market capitalization
rights violation
return on investment
goodwill
24. The system of technology - people - organizations etc involved in moving services or products from supplier to customer.
share
supply chain
MTBF (Mean Time Between Failures)
bulk cargo
25. Letting a third-party company take care of your logistics for you.
injury
logistics outsourcing
valve
co-operative
26. A machine used to pick up and transport goods loaded on pallets.
intermodal transport
stock exchange
security
fork lift
27. Useable or acceptable.
valid
FEU
wake-up call
procedure
28. Wages - salaries and other forms of employee compensation.
survey
risk
payroll
business mission
29. Duties or taxes imposed by the government on imported and exported goods.
customs
target market
advice of shipment
due diligence
30. Debts owed to a company usually from sales on credit.
fiscal year
marketing mix
accounts receivable
share capital
31. Shortened form of Roll on/Roll off meaning a ship which trucks can drive straight onto without the need for cranes.
hose
Ro/Ro
consignment
quality audit
32. A form of corporate equity ownership giving voting rights.
common stock
tankers
TEU
variable cost
33. Part of the Bill of Rights which provides people with the right to be secure in their persons - houses - papers etc.
stock exchange
IPO - Initial Public Offering
bonded warehouse
US Fourth Amendment
34. A portion - piece or segment of something that is representative of the whole.
FEU
medical privacy
US Fourth Amendment
sample
35. The total value of all the outstanding shares of a publicly-traded company.
market capitalization
internet privacy
logistics
bed & breakfast
36. Expenses for a company which do not change based on production or sales levels.
injury
fixed cost
ergonomics
creativity
37. Net profits divided by net worth or total equity.
return on investment
goodwill
sexual privacy
barrel (BBL)
38. When all members of a group agree to support a decision even if they don't agree with it.
consensus
quality audit
pallet
CCTV (closed-circuit television)
39. Electronic records of phone calls - bank transactions etc which paint a picture of what a person did - where and when.
property rights
electronic trail
trade secret
share
40. The time it takes between the arrival of a vessel or aircraft and its departure.
political privacy
benchmark
turnaround
injury
41. The categorization of potential customers into groups based on common characteristics.
co-operative
limited liability
bulk carriers
market segmentation
42. A defined segment of the market that a product is aimed at.
bed & breakfast
differentiation
target market
just-in-time manufacturing
43. Fundamental human rights usually protected by law such as freedom of speech and religion.
key performance indicator
civil liberties
general cargo freighters
market capitalization
44. Device containing water - foam or powder used to put out a fire.
fire extinguisher
freight forwarder
quality audit
diversification
45. Usually wooden base used for moving or storing stacked goods.
pallet
A & E (Accident & Emergency)
consensus
goodwill
46. The possibility of suffering harm or loss; a danger.
Companies House
classified information
EBITDA
risk
47. A small hotel or private house that rents out rooms to sleep in - including breakfast - at reasonable prices.
bed & breakfast
anonymity
skimming pricing strategy
asset turnover
48. Written description of how something should be done.
procedure
break-even analysis
barrel (BBL)
market capitalization
49. Someone who invests in a business partnership without taking part in business affairs. Usually sleeping partners have limited liability.
break-even point
surveillance
sleeping partner
due diligence
50. Expenses arising during normal business operations.
differentiation
peak times
bonded warehouse
operating expenses