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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. Compensation paid to a person on the basis of products sold.
share
commission
acid test
anonymity
2. Entering land or property without permission from the owner or the right to enter.
sexual privacy
trespassing
bed & breakfast
common stock
3. Device which breaks to stop the flow of current in the event of an overload.
fuse
precaution
logistics outsourcing
electronic trail
4. Duties or taxes imposed by the government on imported and exported goods.
customs
stopover
hard hat
precaution
5. The state of remaining unknown to most other people.
feedback
goodwill
anonymity
asset turnover
6. General term for ships designed to carry cargo rather than passengers.
third party
freighters
target market
share capital
7. Property that a business owns - including cash and receivables - inventory etc.
Companies House
assets
lead-time
FEU
8. A new scientific or technical idea.
invention
feeder service
norm
EBITDA
9. Usually wooden base used for moving or storing stacked goods.
pallet
feedback
freighters
political privacy
10. A defined segment of the market that a product is aimed at.
target market
co-operative
full containerships
valve
11. A marketing strategy where a company tries to gain greater dominance in a market - for example - by offering special prices.
market penetration strategy
variable cost
brand equity
breach of privacy
12. Documents used to procure freight and express transportation and services from commercial carriers.
consensus
Bill of Lading
breach of privacy
feeder service
13. A voting system where each vote is kept private.
information privacy
secret ballot
freight forwarder
rights violation
14. A small hotel or private house that rents out rooms to sleep in - including breakfast - at reasonable prices.
bed & breakfast
accommodation
warehouse
charity
15. When someone breaks your right to privacy.
turnaround
seed capital
challenge
invasion of privacy
16. Vessel designed to carry bulk cargo such as grain or ore.
retained earnings
break-even point
bulk carriers
civil liberties
17. The right of owners of physical or intellectual property to consume - rent or sell their property.
precaution
property rights
skimming pricing strategy
freedom of speech
18. Someone who acts as an agent on behalf of a shipper.
wake-up call
analysis
secret ballot
freight forwarder
19. A financial statement showing sales - cost of sales - gross margin - operating expenses etc.
ergonomics
cancel
entrepreneuer
income statement
20. A measure of the average time between failures in a system - the higher the amount - the more reliable the thing is.
third party
MTBF (Mean Time Between Failures)
spyware
depreciation
21. The granting of power to perform various acts or duties.
accreditation
positioning
target market
bed & breakfast
22. Events which are beyond the control of a carrier like war - earthquakes or floods.
brand
force majeure
intermodal transport
share capital
23. Shortened form of Roll on/Roll off meaning a ship which trucks can drive straight onto without the need for cranes.
best practice
Ro/Ro
fire extinguisher
suitcase
24. A process of verifying all information about a company including but not limited to financials - management - market share and risks.
force majeure
due diligence
discrimination
goggles
25. The total value of all the outstanding shares of a publicly-traded company.
bonded warehouse
market capitalization
wake-up call
peak times
26. The benefit of larger scale production where costs are spread over more units which lowers the average unit cost.
economies of scale
surveillance
ergonomics
marine insurance
27. A systematic - independent examination of whether a company's quality procedures are being followed and goals being achieved or not.
fuse
full containerships
quality audit
A & E (Accident & Emergency)
28. Expenses for a company which do not change based on production or sales levels.
ergonomics
fixed cost
logistics outsourcing
SWOT analysis
29. A name - term - sign - symbol - design or combination of these used to uniquely identify a producer's goods.
brand
valve
hose
medical privacy
30. Letting a third-party company take care of your logistics for you.
charity
logistics outsourcing
sexual privacy
FEU
31. Port where cargo enters a country and is unloaded.
best practice
port of entry
carrier
cash flow
32. The obsessive following - observing or contacting of another person.
freighters
charity
stalking
rights violation
33. 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.
limited liability
SWOT analysis
marketing mix
discovery
34. A shipment of goods to a consignee.
consignment
break-even point
challenge
mission statement
35. Debts owed to a company usually from sales on credit.
accounts receivable
information privacy
marine insurance
portfolio
36. A person who is involved in a situation in addition to the two main participants.
MTBF (Mean Time Between Failures)
portfolio
third party
economies of scale
37. Finding out or ascertaining something previously unknown.
mission statement
dividend
EBIT
discovery
38. System where goods are produced as and when they are needed rather than producing items in advance and storing them in a warehouse.
just-in-time manufacturing
diversification
skimming pricing strategy
procedure
39. A standard used to compare some aspect of a business to an external measure.
survey
benchmark
return on investment
co-operative
40. Cargo which is transported by plane.
information privacy
air cargo
return on investment
sample
41. The times of highest demand for a product or service.
feedback
key performance indicator
entrepreneuer
peak times
42. The time it takes between the arrival of a vessel or aircraft and its departure.
FEU
turnaround
break bulk
freedom of speech
43. Activities including product - method of distribution - method of advertising which all affect how a product is marketing.
Clean Bill of Lading
income statement
marketing mix
valve
44. A form of company which has a separate legal identity and limited liabilities.
corporation
just-in-time manufacturing
fixed cost
full containerships
45. Cargo ships not specialised in one type of cargo unlike a full containership.
trade secret
fork lift
bulk cargo
general cargo freighters
46. The crime of deceiving someone to get money or good illegally.
Ro/Ro
accounts receivable
freight forwarder
fraud
47. A wealthy person who invests in a start-up company.
electronic trail
venture capitalist
secret ballot
valve
48. The right to have your sexual orientation and practices remain secret.
break bulk
sexual privacy
liabilities
supply chain
49. Information officially declared secret - such as classified documents or material that are available only to particular people.
fixed cost
classified information
political privacy
Lloyds' Registry
50. Transportation method where truck trailers with their loads are moved by train to their destination.
piggyback
goodwill
market segmentation
SWOT analysis