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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 systematic - independent examination of whether a company's quality procedures are being followed and goals being achieved or not.
liabilities
quality audit
deed of partnership
invention
2. Expenses arising during normal business operations.
equity financing
Ro/Ro
FEU
operating expenses
3. Vessel designed to carry bulk cargo such as grain or ore.
cash flow
tankers
bulk carriers
asset turnover
4. The time it takes between the arrival of a vessel or aircraft and its departure.
turnaround
MTBF (Mean Time Between Failures)
economies of scale
marketing mix
5. A technique used to assess expected profitability of a company or single product.
dividend
asset turnover
break-even analysis
freighters
6. Events which are beyond the control of a carrier like war - earthquakes or floods.
Roll-on/Roll-off vessels
force majeure
no-show
retained earnings
7. The truck unit onto which freight in a container is loaded.
trailer
rights violation
hard hat
property rights
8. Electronic records of phone calls - bank transactions etc which paint a picture of what a person did - where and when.
survey
confirm
trespassing
electronic trail
9. A flexible tube used to transport liquids or gas.
hose
discrimination
hard hat
co-operative
10. The obsessive following - observing or contacting of another person.
warehouse
consensus
survey
stalking
11. Expenses for a company which do not change based on production or sales levels.
hose
fixed cost
stakeholder
marketing mix
12. Net profits divided by net worth or total equity.
best practice
platform
return on investment
Leveraged Buy-Out
13. Property that a business owns - including cash and receivables - inventory etc.
port of entry
sleeping partner
financial privacy
assets
14. Debts; money that must be paid.
anonymity
unlimited liability
goodwill
liabilities
15. The categorization of potential customers into groups based on common characteristics.
suitcase
stalking
due diligence
market segmentation
16. To unload and distribute some or all the contents of a rail car - container or trailer.
air cargo
US Fourth Amendment
break bulk
diversification
17. A method recognised throughout a business sector as the best way to do something.
fire extinguisher
best practice
liabilities
variable cost
18. Unfair treatment of a person or group based on prejudice.
FEU
accuracy
discrimination
memorandum of association
19. The total value of all the outstanding shares of a publicly-traded company.
diversification
cancel
bulk carriers
market capitalization
20. A defined segment of the market that a product is aimed at.
anonymity
memorandum of association
target market
freight forwarder
21. A government office which registers information on every company on the British market and circulates them to stakeholders.
liabilities
Companies House
goodwill
norm
22. Written description of how something should be done.
seed capital
acid test
logistics
procedure
23. A receipt for goods issued by a carrier indicated that goods were received without damage or irregularities.
accuracy
track
Clean Bill of Lading
medical privacy
24. Someone who invests in a business partnership without taking part in business affairs. Usually sleeping partners have limited liability.
advice of shipment
just-in-time manufacturing
Leveraged Buy-Out
sleeping partner
25. Earnings which are reinvested in the company rather than paid out as dividends.
retained earnings
warehouse
business mission
US Fourth Amendment
26. Information officially declared secret - such as classified documents or material that are available only to particular people.
brand
CCTV (closed-circuit television)
bonded warehouse
classified information
27. Wages - salaries and other forms of employee compensation.
payroll
just-in-time manufacturing
TEU
ergonomics
28. Debts owed to a company usually from sales on credit.
payroll
accounts receivable
security
bulk carriers
29. Cargo which is booked but does not arrive in time to be loaded onto a vessel.
differentiation
no-show
liabilities
quality audit
30. A machine used to pick up and transport goods loaded on pallets.
fork lift
entrepreneuer
risk
accounts receivable
31. A marketing strategy where a company tries to gain greater dominance in a market - for example - by offering special prices.
feedback
in transit
force majeure
market penetration strategy
32. 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.
civil liberties
acid test
franchise
trespassing
33. A person who is on the managing board of a business.
internet privacy
Clean Bill of Lading
financial privacy
director
34. Fundamental human rights usually protected by law such as freedom of speech and religion.
piggyback
civil liberties
break-even analysis
consensus
35. Shaping a companies' offering and image to occupy a unique and valued place in the customer's mind.
cash flow
precaution
positioning
cancel
36. Cargo ships not specialised in one type of cargo unlike a full containership.
general cargo freighters
logistics outsourcing
TEU
acid test
37. Setting a high initial price for a product to create a price-quality idea which early adopters will happily accept.
break-even point
classified information
skimming pricing strategy
carrier
38. When a company produces a product of a type they have not previously made.
bulk cargo
FEU
IPO - Initial Public Offering
diversification
39. System where goods are produced as and when they are needed rather than producing items in advance and storing them in a warehouse.
variable cost
due diligence
just-in-time manufacturing
trespassing
40. The right to have your sexual orientation and practices remain secret.
general cargo freighters
fiscal year
sexual privacy
officers of a company
41. A form of corporate equity ownership giving voting rights.
classified information
CCTV (closed-circuit television)
accounts payable
common stock
42. A voting system where each vote is kept private.
assets
breach of privacy
port of entry
secret ballot
43. Positions customer's relative perceptions of one brand in comparison to other competitive alternatives.
fuse
brand recognition
break-even point
bonded warehouse
44. Part of the Bill of Rights which provides people with the right to be secure in their persons - houses - papers etc.
US Fourth Amendment
liabilities
fork lift
norm
45. A moving belt you collect baggage from at the airport.
asset turnover
information privacy
carousel
general cargo freighters
46. The benefit of larger scale production where costs are spread over more units which lowers the average unit cost.
bulk carriers
economies of scale
break bulk
first aid
47. The times of highest demand for a product or service.
TEU
just-in-time manufacturing
peak times
acid test
48. The science of making sure people and machines work together as well as possible.
ergonomics
trade secret
warehouse
return on investment
49. A short description of a company's purpose in relation to customers - products - markets etc.
Companies House
business mission
invasion of privacy
general cargo freighters
50. The relationship between technology and the legal right to privacy in the collection and sharing of data about oneself.
lead-time
information privacy
target market
marine insurance