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Business English Test
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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 time it takes between the arrival of a vessel or aircraft and its departure.
portfolio
norm
fiscal year
turnaround
2. When a company buys another one for more than the asset value the difference is called goodwill.
market capitalization
goodwill
Roll-on/Roll-off vessels
best practice
3. The crime of deceiving someone to get money or good illegally.
discrimination
internet privacy
fraud
economies of scale
4. A short statement describing the main objectives and aims of a business.
platform
common stock
penetration pricing strategy
mission statement
5. When you allow someone to start a specific business by using your products in exchange for a part of his profits.
charity
logistics outsourcing
franchise
variable cost
6. A vessel sailing between specific ports on a regular basis.
common stock
A & E (Accident & Emergency)
key performance indicator
liner
7. An agreement that regulates the rights and obligations of shareholders.
deed of partnership
operating expenses
track
security
8. A voting system where each vote is kept private.
fraud
secret ballot
possibilities
EBITDA
9. Someone who starts a new business venture often involving innovation and risk taking.
entrepreneuer
bed & breakfast
share
Lloyds' Registry
10. The right to have your political view kept secret.
carousel
director
political privacy
freedom of speech
11. A person who is on the managing board of a business.
director
EBITDA
norm
port of entry
12. The first time a company offers its shares to the public.
IPO - Initial Public Offering
depreciation
marine insurance
venture capitalist
13. The truck unit onto which freight in a container is loaded.
break-even analysis
deed of partnership
trailer
accuracy
14. Cargo ships not specialised in one type of cargo unlike a full containership.
TEU
freight forwarder
general cargo freighters
surveillance
15. Series of questions designed to gather information on a certain topic.
cancel
unlimited liability
creativity
survey
16. Costs that fluctuate in direct relation to the volume of units produced.
market penetration strategy
analysis
variable cost
in transit
17. Entering land or property without permission from the owner or the right to enter.
freighters
trespassing
liabilities
invasion of privacy
18. A planned - temporary break in a journey - for instance to change planes.
spyware
stopover
dividend
invention
19. A standard used to compare some aspect of a business to an external measure.
'eye in the sky' camera
deed of partnership
benchmark
A & E (Accident & Emergency)
20. An investment contributed at the early stages of a new venture.
freight forwarder
SWOT analysis
seed capital
consensus
21. Estimated Time of Arrival.
diversification
ETA
brand
seed capital
22. Steps taken in advance to avoid an accident happening.
unlimited liability
precaution
port of entry
business mission
23. A place to live - work - stay in : rented/temporary/furnished accommodation.
Ro/Ro
trailer
accommodation
hose
24. A shipment of goods to a consignee.
piggyback
wake-up call
consignment
unlimited liability
25. Abbreviation for a standardized container - Twenty-foot equivalent unit.
TEU
bulk carriers
FEU
assets
26. Transporting something using different means of transport - e.g. first on a truck and then on a ship.
intermodal transport
goodwill
lead-time
accreditation
27. The purchase of a business based on the company's cash recipts and the belief positive cash flow will continue.
EBIT
fiscal year
Leveraged Buy-Out
carrier
28. Vessel designed to carry bulk cargo such as grain or ore.
bulk carriers
feedback
spyware
procedure
29. When a company produces a product of a type they have not previously made.
inventory
equity financing
diversification
unlimited liability
30. Part of the Bill of Rights which provides people with the right to be secure in their persons - houses - papers etc.
US Fourth Amendment
payroll
brand recognition
brand equity
31. A small hotel or private house that rents out rooms to sleep in - including breakfast - at reasonable prices.
classified information
bed & breakfast
piggyback
general cargo freighters
32. 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.
stalking
seed capital
stock exchange
penetration pricing strategy
33. A defined segment of the market that a product is aimed at.
portfolio
feedback
variable cost
target market
34. Compensation paid to a person on the basis of products sold.
liner
advice of shipment
commission
fuse
35. The total value of all the outstanding shares of a publicly-traded company.
breach of privacy
market capitalization
secret ballot
port of entry
36. Setting a relatively low intitial price for a new product in order to win market share.
political privacy
turnaround
medical privacy
penetration pricing strategy
37. A process of verifying all information about a company including but not limited to financials - management - market share and risks.
due diligence
payroll
peak times
share capital
38. A government office which registers information on every company on the British market and circulates them to stakeholders.
feeder service
acid test
Companies House
return on investment
39. A form of company which has a separate legal identity and limited liabilities.
skimming pricing strategy
norm
unlimited liability
corporation
40. An invasion of someone's private life without due cause.
target market
first aid
turnaround
breach of privacy
41. Surveillance tools installed on a computer without the users' consent.
consensus
spyware
CCTV (closed-circuit television)
breach of privacy
42. Useable or acceptable.
valid
TEU
spyware
goodwill
43. Service taking cargo from a regional port or airport to a central hub for a long-haul voyage.
accreditation
liner
US Fourth Amendment
feeder service
44. A form of corporate equity ownership giving voting rights.
trade secret
common stock
economies of scale
ETA
45. A financial statement showing sales - cost of sales - gross margin - operating expenses etc.
skimming pricing strategy
intermodal transport
entrepreneuer
income statement
46. Hospital department for people who suddenly become ill or are hurt in an accident.
accreditation
customs
challenge
A & E (Accident & Emergency)
47. Ships with permanent container cells with little or no space for other cargo types.
medical privacy
accreditation
full containerships
accommodation
48. Usually wooden base used for moving or storing stacked goods.
officers of a company
FEU
pallet
variable cost
49. A person who is involved in a situation in addition to the two main participants.
trade secret
third party
target market
invasion of privacy
50. A flexible tube used to transport liquids or gas.
logistics outsourcing
trade secret
hose
civil liberties
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