Test your basic knowledge |

Business English Test

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 organization that surveys and classifies ships for insurance companies.

Warning: Invalid argument supplied for foreach() in /var/www/html/basicversity.com/show_quiz.php on line 183


2. The right to say what you want without anyone stopping you.






3. The characteristic of a measurement regarding how precise it is.






4. The ability to develop new ideas.






5. The added value a brand name identity brings to a product or service.






6. The right to privacy and control of your information on the internet.






7. A telephone call requested at a certain time to wake someone up.






8. When you allow someone to start a specific business by using your products in exchange for a part of his profits.






9. Events which are beyond the control of a carrier like war - earthquakes or floods.






10. The state of remaining unknown to most other people.






11. Bills to be paid as part of the normal course of business.






12. The monitoring or close observation of behaviour.






13. 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.






14. Cargo which is transported by plane.






15. Officials formally appointed to run and represent a company.






16. The idea that anything you tell your doctor will remain confidential.






17. 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.






18. A place for the reception - delivery - consolidation - distribution and storage of goods and cargo.






19. An organization able to respond to and address changes in a market - their environment or industry.






20. A process of verifying all information about a company including but not limited to financials - management - market share and risks.






21. In a business plan this is the change in the cash balance.






22. The first time a company offers its shares to the public.






23. A measure of the average time between failures in a system - the higher the amount - the more reliable the thing is.






24. Usually wooden base used for moving or storing stacked goods.






25. The time which a seller needs to produce and deliver goods.






26. Estimated Time of Arrival.






27. Forty-Foot Equivalent Units - a standard size for shipping containers.






28. The truck unit onto which freight in a container is loaded.






29. A place to live - work - stay in : rented/temporary/furnished accommodation.






30. The right to have details of your financial transactions kept secret.






31. Fundamental human rights usually protected by law such as freedom of speech and religion.






32. An invasion of someone's private life without due cause.






33. Earnings Before Interest and Taxes.






34. Useable or acceptable.






35. A vessel sailing between specific ports on a regular basis.






36. One of the documents required by a firm to become a limited company.






37. Things which are likely or feasible.






38. Setting a relatively low intitial price for a new product in order to win market share.






39. Wages - salaries and other forms of employee compensation.






40. A piece of information - for example how a certain product is made - which is only known to the company that makes it.






41. The benefit of larger scale production where costs are spread over more units which lowers the average unit cost.






42. A defined segment of the market that a product is aimed at.






43. Expenses for a company which do not change based on production or sales levels.






44. General term for ships designed to carry cargo rather than passengers.






45. Debts; money that must be paid.






46. A method recognised throughout a business sector as the best way to do something.






47. Documents used to procure freight and express transportation and services from commercial carriers.






48. Electronic records of phone calls - bank transactions etc which paint a picture of what a person did - where and when.






49. A shipment of goods to a consignee.






50. The obsessive following - observing or contacting of another person.