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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 categorization of potential customers into groups based on common characteristics.
Lloyds' Registry
SWOT analysis
trailer
market segmentation
2. A short statement describing the main objectives and aims of a business.
financial privacy
economies of scale
consensus
mission statement
3. Entering land or property without permission from the owner or the right to enter.
customs
in transit
accuracy
trespassing
4. The point in units sold or sales amount when the expenses will be matched.
brand recognition
break-even point
Lloyds' Registry
fuse
5. A place for the reception - delivery - consolidation - distribution and storage of goods and cargo.
sexual privacy
feedback
warehouse
mission statement
6. A response or reaction to a piece of information.
adaptive firm
economies of scale
feedback
fire extinguisher
7. Service taking cargo from a regional port or airport to a central hub for a long-haul voyage.
feeder service
surveillance
diversification
supply chain
8. A short description of a company's purpose in relation to customers - products - markets etc.
precaution
business mission
civil liberties
cash flow
9. Useable or acceptable.
fire extinguisher
cancel
valid
breach of privacy
10. Monitoring of public places using video cameras.
warehouse
possibilities
no-show
CCTV (closed-circuit television)
11. A government office which registers information on every company on the British market and circulates them to stakeholders.
Companies House
Lloyds' Registry
sleeping partner
internet privacy
12. A portion - piece or segment of something that is representative of the whole.
memorandum of association
general cargo freighters
sample
fraud
13. The times of highest demand for a product or service.
just-in-time manufacturing
peak times
ETA
injury
14. Setting a relatively low intitial price for a new product in order to win market share.
EBIT
penetration pricing strategy
cancel
business mission
15. A place where parts of the ownership of companies are bought and sold - or the organization of people whose job is to do the buying and selling.
income statement
norm
US Fourth Amendment
stock exchange
16. A document representing one unit of ownership in a corporation - mutual fund or limited partnership.
sleeping partner
just-in-time manufacturing
Lloyds' Registry
share
17. An invasion of someone's private life without due cause.
logistics
US Fourth Amendment
breach of privacy
cash flow
18. A name - term - sign - symbol - design or combination of these used to uniquely identify a producer's goods.
accuracy
freedom of speech
cash flow
brand
19. A method recognised throughout a business sector as the best way to do something.
mission statement
best practice
medical privacy
accreditation
20. A marketing strategy where a company tries to gain greater dominance in a market - for example - by offering special prices.
freedom of speech
accommodation
market penetration strategy
TEU
21. Duties or taxes imposed by the government on imported and exported goods.
fuse
wake-up call
customs
bed & breakfast
22. An agreement that regulates the rights and obligations of shareholders.
deed of partnership
creativity
first aid
fork lift
23. Sales divided by total assets.
asset turnover
target market
surveillance
accounts receivable
24. When someone breaks your right to privacy.
A & E (Accident & Emergency)
unlimited liability
surveillance
invasion of privacy
25. A model depicting the sales curve of a product split into four stages - introduction - growth - maturity and decline.
life cycle
in transit
turnaround
stakeholder
26. A systematic - independent examination of whether a company's quality procedures are being followed and goals being achieved or not.
CCTV (closed-circuit television)
stock exchange
port of entry
quality audit
27. Protective eyewear worn when working with chemicals or dangerous machines.
seed capital
goggles
trespassing
feeder service
28. Device containing water - foam or powder used to put out a fire.
deed of partnership
fire extinguisher
feeder service
equity financing
29. A formal framework for identifying an organization's growth opportunities - strengths - weaknesses - opportunities and threats.
SWOT analysis
electronic trail
economies of scale
injury
30. A small hotel or private house that rents out rooms to sleep in - including breakfast - at reasonable prices.
inventory
bed & breakfast
logistics
income statement
31. The total value of the money invested into a company by its shareholders.
break bulk
share capital
IPO - Initial Public Offering
identity theft
32. A process of verifying all information about a company including but not limited to financials - management - market share and risks.
asset turnover
quality audit
due diligence
accuracy
33. In a business plan this is the change in the cash balance.
common stock
peak times
return on investment
cash flow
34. A form of company which has a separate legal identity and limited liabilities.
customs
ergonomics
corporation
in transit
35. Shortened form of Roll on/Roll off meaning a ship which trucks can drive straight onto without the need for cranes.
sample
Ro/Ro
skimming pricing strategy
confirm
36. The sale of part-ownership in a venture to gain additional capital for a start-up.
fixed cost
due diligence
equity financing
accreditation
37. Debts; money that must be paid.
full containerships
liabilities
fiscal year
analysis
38. Vessel designed to carry bulk cargo such as grain or ore.
accommodation
bulk carriers
goggles
stakeholder
39. Written description of how something should be done.
mission statement
procedure
norm
just-in-time manufacturing
40. The examination and evaluation of something.
analysis
brand equity
injury
entrepreneuer
41. System where goods are produced as and when they are needed rather than producing items in advance and storing them in a warehouse.
trade secret
stakeholder
invention
just-in-time manufacturing
42. Mechanical device controlling the flow of a gas or liquid in a system.
electronic trail
tankers
fiscal year
valve
43. Costs that fluctuate in direct relation to the volume of units produced.
CCTV (closed-circuit television)
cancel
sexual privacy
variable cost
44. The efforts to make a product seem different from rival products or even unique.
asset turnover
accounts payable
trespassing
differentiation
45. The fraudulent use of someone's identity in order to steal money or get other benefits.
port of entry
identity theft
norm
feeder service
46. Debts owed to a company usually from sales on credit.
accounts receivable
stock exchange
bed & breakfast
adaptive firm
47. Shaping a companies' offering and image to occupy a unique and valued place in the customer's mind.
full containerships
assets
seed capital
positioning
48. Port where cargo enters a country and is unloaded.
freight forwarder
port of entry
feeder service
share
49. A warehouse authorized by customs where goods are stored and no payment is required until the goods are removed.
unlimited liability
ETA
bonded warehouse
Bill of Lading
50. Someone who acts as an agent on behalf of a shipper.
TEU
secret ballot
freight forwarder
trade secret