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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 non-profit making organization which exists to support and help a particular group.
cancel
break-even point
charity
analysis
2. A process of verifying all information about a company including but not limited to financials - management - market share and risks.
dividend
income statement
due diligence
supply chain
3. General term for ships designed to carry cargo rather than passengers.
bed & breakfast
freighters
stopover
stalking
4. Series of questions designed to gather information on a certain topic.
survey
trespassing
penetration pricing strategy
A & E (Accident & Emergency)
5. A document representing one unit of ownership in a corporation - mutual fund or limited partnership.
share
FEU
TEU
feedback
6. A model depicting the sales curve of a product split into four stages - introduction - growth - maturity and decline.
life cycle
brand
valve
information privacy
7. Written description of how something should be done.
bulk cargo
procedure
asset turnover
liner
8. Finding out or ascertaining something previously unknown.
barrel (BBL)
discovery
lead-time
Leveraged Buy-Out
9. A place to live - work - stay in : rented/temporary/furnished accommodation.
break-even point
stalking
accommodation
bulk carriers
10. To make valid by approval - to establish the certainty of something.
carousel
CCTV (closed-circuit television)
turnaround
confirm
11. A response or reaction to a piece of information.
internet privacy
share
FEU
feedback
12. Debts owed to a company usually from sales on credit.
break-even analysis
fork lift
accounts receivable
sleeping partner
13. The estimated loss of value of assets over a period of time.
depreciation
third party
US Fourth Amendment
information privacy
14. Compensation paid to a person on the basis of products sold.
venture capitalist
seed capital
commission
invasion of privacy
15. When you allow someone to start a specific business by using your products in exchange for a part of his profits.
internet privacy
franchise
customs
goggles
16. A person who is on the managing board of a business.
US Fourth Amendment
common stock
director
electronic trail
17. Shortened form of Roll on/Roll off meaning a ship which trucks can drive straight onto without the need for cranes.
trade secret
Ro/Ro
Lloyds' Registry
logistics
18. A government office which registers information on every company on the British market and circulates them to stakeholders.
bulk carriers
stalking
Lloyds' Registry
Companies House
19. An investment contributed at the early stages of a new venture.
unlimited liability
Lloyds' Registry
seed capital
trespassing
20. 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.
fork lift
acid test
entrepreneuer
hard hat
21. Information officially declared secret - such as classified documents or material that are available only to particular people.
limited liability
FEU
classified information
analysis
22. The efforts to make a product seem different from rival products or even unique.
officers of a company
differentiation
invasion of privacy
tankers
23. Anyone who has an interest in the success of an organization - e.g. the owner - employees - shareholders.
bulk cargo
acid test
electronic trail
stakeholder
24. A moving belt you collect baggage from at the airport.
trespassing
trailer
carousel
internet privacy
25. Protective eyewear worn when working with chemicals or dangerous machines.
anonymity
secret ballot
share
goggles
26. The first time a company offers its shares to the public.
co-operative
TEU
IPO - Initial Public Offering
general cargo freighters
27. Expenses for a company which do not change based on production or sales levels.
break-even analysis
fixed cost
market segmentation
bulk cargo
28. A form of corporate equity ownership giving voting rights.
property rights
fiscal year
inventory
common stock
29. A standard used to compare some aspect of a business to an external measure.
benchmark
hard hat
stock exchange
mission statement
30. When someone breaks your right to privacy.
fixed cost
A & E (Accident & Emergency)
invasion of privacy
stock exchange
31. A marketing strategy where a company tries to gain greater dominance in a market - for example - by offering special prices.
Ro/Ro
bonded warehouse
market penetration strategy
limited liability
32. A flexible tube used to transport liquids or gas.
charity
spyware
hose
asset turnover
33. The total value of the money invested into a company by its shareholders.
market capitalization
share capital
freedom of speech
best practice
34. The year as used in accounting which can begin and end in any month as the company sees fit.
breach of privacy
franchise
target market
fiscal year
35. Setting a high initial price for a product to create a price-quality idea which early adopters will happily accept.
discovery
skimming pricing strategy
challenge
rights violation
36. Damage or hurt experienced by a person or animal.
possibilities
stock exchange
brand equity
injury
37. Ships especially designed for trucks to drive into them using internal ramps.
Roll-on/Roll-off vessels
supply chain
political privacy
port of entry
38. A warehouse authorized by customs where goods are stored and no payment is required until the goods are removed.
bonded warehouse
freighters
breach of privacy
consensus
39. When a company buys another one for more than the asset value the difference is called goodwill.
goodwill
operating expenses
Companies House
share capital
40. A place for the reception - delivery - consolidation - distribution and storage of goods and cargo.
quality audit
warehouse
diversification
possibilities
41. A wealthy person who invests in a start-up company.
bed & breakfast
dividend
civil liberties
venture capitalist
42. The purchase of a business based on the company's cash recipts and the belief positive cash flow will continue.
diversification
Leveraged Buy-Out
operating expenses
force majeure
43. An agreement that regulates the rights and obligations of shareholders.
deed of partnership
carousel
operating expenses
warehouse
44. A rectangluar piece of luggage for carrying clothes.
accounts payable
fiscal year
suitcase
US Fourth Amendment
45. A delivery which is currently between its source and destination.
EBIT
track
market penetration strategy
in transit
46. The sale of part-ownership in a venture to gain additional capital for a start-up.
cancel
equity financing
confirm
benchmark
47. A form of company which has a separate legal identity and limited liabilities.
procedure
corporation
sexual privacy
discrimination
48. Raised flat area beside a train track for entering or exiting a train.
fiscal year
platform
Ro/Ro
goodwill
49. A company that moves goods or passengers from one place to another.
secret ballot
FEU
carrier
spyware
50. A systematic - independent examination of whether a company's quality procedures are being followed and goals being achieved or not.
discovery
penetration pricing strategy
quality audit
logistics outsourcing