SUBJECTS
|
BROWSE
|
CAREER CENTER
|
POPULAR
|
JOIN
|
LOGIN
Business Skills
|
Soft Skills
|
Basic Literacy
|
Certifications
About
|
Help
|
Privacy
|
Terms
|
Email
Search
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 defined segment of the market that a product is aimed at.
target market
deed of partnership
accreditation
intermodal transport
2. When a company buys another one for more than the asset value the difference is called goodwill.
norm
limited liability
goodwill
precaution
3. A document representing one unit of ownership in a corporation - mutual fund or limited partnership.
share
accounts receivable
inventory
differentiation
4. Fundamental human rights usually protected by law such as freedom of speech and religion.
first aid
ETA
civil liberties
fuse
5. When a company produces a product of a type they have not previously made.
peak times
co-operative
diversification
accommodation
6. A short description of a company's purpose in relation to customers - products - markets etc.
business mission
deed of partnership
freedom of speech
co-operative
7. Electronic records of phone calls - bank transactions etc which paint a picture of what a person did - where and when.
anonymity
challenge
electronic trail
intermodal transport
8. Debts owed to a company usually from sales on credit.
common stock
invention
accounts receivable
identity theft
9. Metal rails along which a train travels.
survey
director
equity financing
track
10. Compensation paid to a person on the basis of products sold.
bulk carriers
warehouse
commission
liabilities
11. A marketing strategy where a company tries to gain greater dominance in a market - for example - by offering special prices.
best practice
tankers
hose
market penetration strategy
12. Forty-Foot Equivalent Units - a standard size for shipping containers.
market segmentation
commission
FEU
sexual privacy
13. Insurance covering loss or damage of goods at sea.
force majeure
business mission
freighters
marine insurance
14. Service taking cargo from a regional port or airport to a central hub for a long-haul voyage.
retained earnings
break-even analysis
trailer
feeder service
15. The system of technology - people - organizations etc involved in moving services or products from supplier to customer.
supply chain
best practice
property rights
stakeholder
16. Events which are beyond the control of a carrier like war - earthquakes or floods.
force majeure
trade secret
Clean Bill of Lading
EBITDA
17. Debts; money that must be paid.
force majeure
liabilities
discovery
accounts payable
18. A moving belt you collect baggage from at the airport.
first aid
carousel
market segmentation
trade secret
19. Anyone who has an interest in the success of an organization - e.g. the owner - employees - shareholders.
Lloyds' Registry
stakeholder
bed & breakfast
unlimited liability
20. Abbreviation for a standardized container - Twenty-foot equivalent unit.
Bill of Lading
TEU
liner
Ro/Ro
21. Shaping a companies' offering and image to occupy a unique and valued place in the customer's mind.
break bulk
security
assets
positioning
22. A planned - temporary break in a journey - for instance to change planes.
stopover
political privacy
income statement
Ro/Ro
23. Net profits divided by net worth or total equity.
Ro/Ro
hose
classified information
return on investment
24. The categorization of potential customers into groups based on common characteristics.
first aid
Companies House
rights violation
market segmentation
25. An investment contributed at the early stages of a new venture.
seed capital
bulk cargo
warehouse
TEU
26. The possibility of suffering harm or loss; a danger.
Ro/Ro
risk
MTBF (Mean Time Between Failures)
accounts receivable
27. Costs that fluctuate in direct relation to the volume of units produced.
goodwill
secret ballot
variable cost
information privacy
28. Cargo ships not specialised in one type of cargo unlike a full containership.
stopover
Ro/Ro
general cargo freighters
bulk cargo
29. Someone who starts a new business venture often involving innovation and risk taking.
unlimited liability
quality audit
entrepreneuer
political privacy
30. Activities involved in protecting a country - building or person against danger or attack.
security
CCTV (closed-circuit television)
lead-time
seed capital
31. The time which a seller needs to produce and deliver goods.
lead-time
goggles
unlimited liability
bonded warehouse
32. Hospital department for people who suddenly become ill or are hurt in an accident.
accommodation
hose
A & E (Accident & Emergency)
stock exchange
33. A voting system where each vote is kept private.
secret ballot
marine insurance
equity financing
TEU
34. A standard used to compare some aspect of a business to an external measure.
entrepreneuer
trespassing
brand equity
benchmark
35. Information officially declared secret - such as classified documents or material that are available only to particular people.
best practice
just-in-time manufacturing
classified information
lead-time
36. A place for the reception - delivery - consolidation - distribution and storage of goods and cargo.
carrier
share capital
common stock
warehouse
37. Expenses arising during normal business operations.
Clean Bill of Lading
operating expenses
entrepreneuer
market penetration strategy
38. A statisitical measure of how well a company is doing in a certain area.
TEU
ergonomics
co-operative
key performance indicator
39. Finding out or ascertaining something previously unknown.
platform
in transit
discovery
share capital
40. A machine used to pick up and transport goods loaded on pallets.
fork lift
US Fourth Amendment
marine insurance
brand recognition
41. In a business plan this is the change in the cash balance.
trailer
cash flow
penetration pricing strategy
invention
42. The ability to develop new ideas.
creativity
invasion of privacy
sample
stopover
43. The examination and evaluation of something.
bulk cargo
analysis
liner
full containerships
44. The science of making sure people and machines work together as well as possible.
Leveraged Buy-Out
ergonomics
freighters
logistics outsourcing
45. The right to have your sexual orientation and practices remain secret.
feedback
sexual privacy
variable cost
common stock
46. General term for ships designed to carry cargo rather than passengers.
break-even analysis
lead-time
freighters
surveillance
47. Business wholly owned by its employees with the emphasis on group decision making.
key performance indicator
market segmentation
full containerships
co-operative
48. The times of highest demand for a product or service.
break-even point
spyware
EBIT
peak times
49. The truck unit onto which freight in a container is loaded.
trailer
FEU
entrepreneuer
accreditation
50. To decide that an agreed appointment or booking will not take place.
differentiation
feedback
positioning
cancel