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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. Vessel designed to carry bulk cargo such as grain or ore.
differentiation
bulk carriers
liabilities
bonded warehouse
2. Steps taken in advance to avoid an accident happening.
tankers
precaution
asset turnover
force majeure
3. Expenses arising during normal business operations.
bonded warehouse
variable cost
operating expenses
Clean Bill of Lading
4. To decide that an agreed appointment or booking will not take place.
cancel
feedback
freight forwarder
carrier
5. The system of technology - people - organizations etc involved in moving services or products from supplier to customer.
EBIT
consignment
supply chain
bonded warehouse
6. A telephone call requested at a certain time to wake someone up.
wake-up call
in transit
electronic trail
accommodation
7. The expected behaviour or standard for something.
customs
procedure
norm
peak times
8. Positions customer's relative perceptions of one brand in comparison to other competitive alternatives.
fuse
carrier
brand recognition
warehouse
9. An invasion of someone's private life without due cause.
internet privacy
entrepreneuer
precaution
breach of privacy
10. Cargo which is transported by plane.
air cargo
accounts payable
logistics
bulk cargo
11. List of goods in a store or warehouse.
intermodal transport
norm
surveillance
inventory
12. Sales divided by total assets.
income statement
goggles
asset turnover
political privacy
13. One of the documents required by a firm to become a limited company.
tankers
memorandum of association
sexual privacy
business mission
14. A new scientific or technical idea.
bulk cargo
invention
discrimination
risk
15. A company where the owners are personally liable for the debts of the company.
barrel (BBL)
property rights
payroll
unlimited liability
16. Anyone who has an interest in the success of an organization - e.g. the owner - employees - shareholders.
share
stakeholder
possibilities
US Fourth Amendment
17. A systematic - independent examination of whether a company's quality procedures are being followed and goals being achieved or not.
sleeping partner
common stock
liner
quality audit
18. The truck unit onto which freight in a container is loaded.
intermodal transport
turnaround
trailer
market capitalization
19. The idea that anything you tell your doctor will remain confidential.
fiscal year
acid test
US Fourth Amendment
medical privacy
20. Finding out or ascertaining something previously unknown.
discovery
brand equity
trespassing
third party
21. The efforts to make a product seem different from rival products or even unique.
diversification
differentiation
life cycle
assets
22. 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.
creativity
bulk carriers
valid
limited liability
23. The point in units sold or sales amount when the expenses will be matched.
consensus
medical privacy
break-even point
equity financing
24. The right to privacy and control of your information on the internet.
valid
lead-time
internet privacy
force majeure
25. A unit of measure for liquids equivalent to 42 gallons.
ergonomics
operating expenses
bulk carriers
barrel (BBL)
26. Setting a relatively low intitial price for a new product in order to win market share.
adaptive firm
consignment
accuracy
penetration pricing strategy
27. 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.
cancel
portfolio
acid test
freighters
28. The added value a brand name identity brings to a product or service.
hose
brand equity
venture capitalist
confirm
29. Protective eyewear worn when working with chemicals or dangerous machines.
track
adaptive firm
A & E (Accident & Emergency)
goggles
30. A piece of information - for example how a certain product is made - which is only known to the company that makes it.
trade secret
Companies House
invention
liabilities
31. Metal rails along which a train travels.
port of entry
freedom of speech
portfolio
track
32. Transportation method where truck trailers with their loads are moved by train to their destination.
piggyback
creativity
operating expenses
ergonomics
33. Setting a high initial price for a product to create a price-quality idea which early adopters will happily accept.
injury
dividend
norm
skimming pricing strategy
34. Service taking cargo from a regional port or airport to a central hub for a long-haul voyage.
anonymity
consignment
stock exchange
feeder service
35. A place for the reception - delivery - consolidation - distribution and storage of goods and cargo.
possibilities
warehouse
co-operative
intermodal transport
36. Cargo which is booked but does not arrive in time to be loaded onto a vessel.
no-show
ETA
income statement
EBIT
37. A shipment of goods to a consignee.
consignment
liabilities
CCTV (closed-circuit television)
marine insurance
38. A formal framework for identifying an organization's growth opportunities - strengths - weaknesses - opportunities and threats.
SWOT analysis
benchmark
ETA
seed capital
39. The ability to develop new ideas.
valid
third party
EBIT
creativity
40. Ships fitted with tanks to carry liquid or gas cargoes.
franchise
tankers
share capital
Leveraged Buy-Out
41. The right to say what you want without anyone stopping you.
income statement
anonymity
freedom of speech
information privacy
42. The possibility of suffering harm or loss; a danger.
risk
payroll
port of entry
fiscal year
43. A financial statement showing sales - cost of sales - gross margin - operating expenses etc.
income statement
fork lift
accommodation
survey
44. An agreement that regulates the rights and obligations of shareholders.
equity financing
deed of partnership
fuse
trailer
45. A marketing strategy where a company tries to gain greater dominance in a market - for example - by offering special prices.
market segmentation
market penetration strategy
mission statement
lead-time
46. To unload and distribute some or all the contents of a rail car - container or trailer.
break bulk
Companies House
trade secret
pallet
47. Letting a third-party company take care of your logistics for you.
analysis
logistics outsourcing
political privacy
break-even point
48. Device which breaks to stop the flow of current in the event of an overload.
entrepreneuer
fuse
norm
brand equity
49. The characteristic of a measurement regarding how precise it is.
fixed cost
accuracy
fire extinguisher
return on investment
50. Wages - salaries and other forms of employee compensation.
political privacy
sexual privacy
payroll
confirm