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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. Service taking cargo from a regional port or airport to a central hub for a long-haul voyage.
feeder service
fixed cost
asset turnover
financial privacy
2. An investment contributed at the early stages of a new venture.
inventory
FEU
identity theft
seed capital
3. Letting a third-party company take care of your logistics for you.
logistics outsourcing
accommodation
income statement
ergonomics
4. A telephone call requested at a certain time to wake someone up.
wake-up call
Clean Bill of Lading
charity
barrel (BBL)
5. Protective eyewear worn when working with chemicals or dangerous machines.
accounts payable
medical privacy
goggles
invasion of privacy
6. Setting a high initial price for a product to create a price-quality idea which early adopters will happily accept.
adaptive firm
bulk carriers
skimming pricing strategy
no-show
7. The right to say what you want without anyone stopping you.
freedom of speech
market segmentation
risk
fixed cost
8. Ceiling-mounted camera used in stores and casinos etc to monitor customers.
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9. A formal framework for identifying an organization's growth opportunities - strengths - weaknesses - opportunities and threats.
benchmark
fuse
best practice
SWOT analysis
10. Information officially declared secret - such as classified documents or material that are available only to particular people.
classified information
logistics outsourcing
limited liability
stopover
11. Written description of how something should be done.
differentiation
third party
sexual privacy
procedure
12. A statisitical measure of how well a company is doing in a certain area.
key performance indicator
stopover
security
civil liberties
13. A document representing one unit of ownership in a corporation - mutual fund or limited partnership.
bulk cargo
barrel (BBL)
property rights
share
14. 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.
injury
acid test
A & E (Accident & Emergency)
SWOT analysis
15. A short description of a company's purpose in relation to customers - products - markets etc.
security
business mission
freight forwarder
force majeure
16. Transportation method where truck trailers with their loads are moved by train to their destination.
platform
trailer
piggyback
stock exchange
17. A piece of information - for example how a certain product is made - which is only known to the company that makes it.
trade secret
cash flow
fixed cost
market penetration strategy
18. Someone who starts a new business venture often involving innovation and risk taking.
brand recognition
entrepreneuer
IPO - Initial Public Offering
customs
19. A financial statement showing sales - cost of sales - gross margin - operating expenses etc.
barrel (BBL)
trade secret
income statement
confirm
20. The sale of part-ownership in a venture to gain additional capital for a start-up.
just-in-time manufacturing
invasion of privacy
equity financing
logistics outsourcing
21. The characteristic of a measurement regarding how precise it is.
carrier
accuracy
common stock
first aid
22. The truck unit onto which freight in a container is loaded.
corporation
fixed cost
hose
trailer
23. The time which a seller needs to produce and deliver goods.
lead-time
third party
valve
tankers
24. A planned - temporary break in a journey - for instance to change planes.
stopover
accounts payable
bulk carriers
marketing mix
25. A company that moves goods or passengers from one place to another.
carrier
information privacy
financial privacy
challenge
26. Protective helmet worn on building sites etc. to prevent injuries to the head.
intermodal transport
memorandum of association
hard hat
entrepreneuer
27. The organization that surveys and classifies ships for insurance companies.
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28. Damage or hurt experienced by a person or animal.
director
SWOT analysis
feedback
injury
29. The ability to develop new ideas.
share capital
creativity
logistics outsourcing
seed capital
30. Abbreviation for a standardized container - Twenty-foot equivalent unit.
classified information
secret ballot
risk
TEU
31. A notice to a buyer that shipment has gone forward which contains details of packing - routing etc.
assets
advice of shipment
logistics outsourcing
share
32. A person who is on the managing board of a business.
logistics outsourcing
consensus
director
differentiation
33. Forty-Foot Equivalent Units - a standard size for shipping containers.
creativity
financial privacy
cancel
FEU
34. The time it takes between the arrival of a vessel or aircraft and its departure.
mission statement
turnaround
feeder service
hose
35. List of goods in a store or warehouse.
due diligence
'eye in the sky' camera
inventory
stalking
36. Useable or acceptable.
civil liberties
commission
medical privacy
valid
37. One of the documents required by a firm to become a limited company.
memorandum of association
secret ballot
hose
stakeholder
38. The system of technology - people - organizations etc involved in moving services or products from supplier to customer.
share
bulk carriers
sleeping partner
supply chain
39. Shaping a companies' offering and image to occupy a unique and valued place in the customer's mind.
share
survey
bonded warehouse
positioning
40. A standard used to compare some aspect of a business to an external measure.
depreciation
portfolio
benchmark
risk
41. Fundamental human rights usually protected by law such as freedom of speech and religion.
ergonomics
platform
civil liberties
feedback
42. Cargo ships not specialised in one type of cargo unlike a full containership.
asset turnover
commission
general cargo freighters
share
43. Electronic records of phone calls - bank transactions etc which paint a picture of what a person did - where and when.
fire extinguisher
fraud
best practice
electronic trail
44. The added value a brand name identity brings to a product or service.
venture capitalist
brand equity
financial privacy
surveillance
45. A measure of the average time between failures in a system - the higher the amount - the more reliable the thing is.
fixed cost
FEU
MTBF (Mean Time Between Failures)
best practice
46. When a company buys another one for more than the asset value the difference is called goodwill.
brand
secret ballot
goodwill
IPO - Initial Public Offering
47. Duties or taxes imposed by the government on imported and exported goods.
dividend
feedback
customs
adaptive firm
48. Someone who acts as an agent on behalf of a shipper.
freight forwarder
full containerships
due diligence
carrier
49. Debts owed to a company usually from sales on credit.
memorandum of association
accounts receivable
financial privacy
anonymity
50. Setting a relatively low intitial price for a new product in order to win market share.
business mission
just-in-time manufacturing
return on investment
penetration pricing strategy