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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 model depicting the sales curve of a product split into four stages - introduction - growth - maturity and decline.
marine insurance
consignment
acid test
life cycle
2. Shaping a companies' offering and image to occupy a unique and valued place in the customer's mind.
possibilities
equity financing
positioning
brand recognition
3. A form of corporate equity ownership giving voting rights.
income statement
life cycle
internet privacy
common stock
4. A response or reaction to a piece of information.
liabilities
full containerships
feedback
in transit
5. Ships especially designed for trucks to drive into them using internal ramps.
precaution
Roll-on/Roll-off vessels
liabilities
challenge
6. Anyone who has an interest in the success of an organization - e.g. the owner - employees - shareholders.
identity theft
discovery
stakeholder
break-even point
7. A company that moves goods or passengers from one place to another.
life cycle
freedom of speech
carrier
no-show
8. Device containing water - foam or powder used to put out a fire.
fire extinguisher
Bill of Lading
bed & breakfast
operating expenses
9. A wealthy person who invests in a start-up company.
brand
goodwill
political privacy
venture capitalist
10. A rectangluar piece of luggage for carrying clothes.
suitcase
bulk carriers
CCTV (closed-circuit television)
customs
11. The relationship between technology and the legal right to privacy in the collection and sharing of data about oneself.
information privacy
rights violation
bulk cargo
survey
12. Abbreviation for a standardized container - Twenty-foot equivalent unit.
break-even analysis
TEU
diversification
goggles
13. A short statement describing the main objectives and aims of a business.
intermodal transport
bed & breakfast
mission statement
classified information
14. To unload and distribute some or all the contents of a rail car - container or trailer.
retained earnings
break bulk
venture capitalist
income statement
15. Monitoring of public places using video cameras.
penetration pricing strategy
assets
CCTV (closed-circuit television)
TEU
16. A person who is involved in a situation in addition to the two main participants.
invention
market capitalization
third party
diversification
17. The efforts to make a product seem different from rival products or even unique.
diversification
EBIT
differentiation
depreciation
18. The complete range of a company's offerings including products and services.
positioning
portfolio
in transit
'eye in the sky' camera
19. Part of the Bill of Rights which provides people with the right to be secure in their persons - houses - papers etc.
benchmark
security
US Fourth Amendment
peak times
20. Expenses for a company which do not change based on production or sales levels.
break bulk
share capital
diversification
fixed cost
21. The point in units sold or sales amount when the expenses will be matched.
break-even point
first aid
lead-time
adaptive firm
22. When someone breaks your right to privacy.
political privacy
entrepreneuer
invasion of privacy
CCTV (closed-circuit television)
23. Forty-Foot Equivalent Units - a standard size for shipping containers.
fraud
FEU
stopover
ETA
24. Earnings Before Interest - Taxes - Depreciation and Amortization.
venture capitalist
EBITDA
trade secret
pallet
25. Estimated Time of Arrival.
break-even analysis
hose
wake-up call
ETA
26. Events which are beyond the control of a carrier like war - earthquakes or floods.
suitcase
force majeure
general cargo freighters
creativity
27. A person who is on the managing board of a business.
director
brand
brand recognition
piggyback
28. A notice to a buyer that shipment has gone forward which contains details of packing - routing etc.
skimming pricing strategy
operating expenses
freedom of speech
advice of shipment
29. Officials formally appointed to run and represent a company.
norm
target market
business mission
officers of a company
30. Entering land or property without permission from the owner or the right to enter.
mission statement
officers of a company
trespassing
break-even point
31. Ships fitted with tanks to carry liquid or gas cargoes.
tankers
internet privacy
sleeping partner
differentiation
32. Debts owed to a company usually from sales on credit.
accounts receivable
fraud
officers of a company
spyware
33. The right of owners of physical or intellectual property to consume - rent or sell their property.
brand equity
property rights
invasion of privacy
marketing mix
34. A name - term - sign - symbol - design or combination of these used to uniquely identify a producer's goods.
brand
injury
just-in-time manufacturing
diversification
35. The granting of power to perform various acts or duties.
accreditation
feedback
diversification
classified information
36. List of goods in a store or warehouse.
goodwill
barrel (BBL)
equity financing
inventory
37. Setting a relatively low intitial price for a new product in order to win market share.
depreciation
freighters
precaution
penetration pricing strategy
38. Setting a high initial price for a product to create a price-quality idea which early adopters will happily accept.
medical privacy
asset turnover
skimming pricing strategy
quality audit
39. Transporting something using different means of transport - e.g. first on a truck and then on a ship.
intermodal transport
equity financing
diversification
consensus
40. Protective eyewear worn when working with chemicals or dangerous machines.
goggles
skimming pricing strategy
just-in-time manufacturing
brand equity
41. A warehouse authorized by customs where goods are stored and no payment is required until the goods are removed.
benchmark
lead-time
brand recognition
bonded warehouse
42. The idea that anything you tell your doctor will remain confidential.
air cargo
medical privacy
variable cost
valve
43. Finding out or ascertaining something previously unknown.
entrepreneuer
consensus
discovery
depreciation
44. A method recognised throughout a business sector as the best way to do something.
equity financing
best practice
identity theft
penetration pricing strategy
45. Someone who acts as an agent on behalf of a shipper.
Ro/Ro
freight forwarder
equity financing
accounts receivable
46. A formal framework for identifying an organization's growth opportunities - strengths - weaknesses - opportunities and threats.
income statement
SWOT analysis
fuse
civil liberties
47. A voting system where each vote is kept private.
marine insurance
deed of partnership
secret ballot
portfolio
48. A form of company which has a separate legal identity and limited liabilities.
supply chain
bonded warehouse
corporation
director
49. The time it takes between the arrival of a vessel or aircraft and its departure.
bonded warehouse
norm
procedure
turnaround
50. Wages - salaries and other forms of employee compensation.
target market
payroll
classified information
spyware