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Business English Test
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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. The system of technology - people - organizations etc involved in moving services or products from supplier to customer.
surveillance
entrepreneuer
invasion of privacy
supply chain
2. System where goods are produced as and when they are needed rather than producing items in advance and storing them in a warehouse.
market capitalization
creativity
officers of a company
just-in-time manufacturing
3. Unfair treatment of a person or group based on prejudice.
stock exchange
discrimination
turnaround
differentiation
4. An agreement that regulates the rights and obligations of shareholders.
sleeping partner
deed of partnership
due diligence
logistics
5. Costs that fluctuate in direct relation to the volume of units produced.
variable cost
hose
accommodation
positioning
6. The time which a seller needs to produce and deliver goods.
identity theft
inventory
lead-time
memorandum of association
7. Useable or acceptable.
consensus
survey
discovery
valid
8. A method recognised throughout a business sector as the best way to do something.
common stock
best practice
MTBF (Mean Time Between Failures)
consensus
9. 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.
political privacy
A & E (Accident & Emergency)
electronic trail
stock exchange
10. A planned - temporary break in a journey - for instance to change planes.
stopover
wake-up call
advice of shipment
challenge
11. The estimated loss of value of assets over a period of time.
barrel (BBL)
depreciation
anonymity
force majeure
12. To unload and distribute some or all the contents of a rail car - container or trailer.
platform
break bulk
sleeping partner
survey
13. Documents used to procure freight and express transportation and services from commercial carriers.
barrel (BBL)
Bill of Lading
accreditation
classified information
14. Information officially declared secret - such as classified documents or material that are available only to particular people.
classified information
consensus
business mission
memorandum of association
15. A defined segment of the market that a product is aimed at.
liner
target market
sleeping partner
fuse
16. Protective helmet worn on building sites etc. to prevent injuries to the head.
SWOT analysis
hard hat
customs
consensus
17. Entering land or property without permission from the owner or the right to enter.
marine insurance
force majeure
trespassing
EBITDA
18. Earnings Before Interest - Taxes - Depreciation and Amortization.
anonymity
EBITDA
FEU
fork lift
19. A form of corporate equity ownership giving voting rights.
common stock
turnaround
EBIT
positioning
20. A flexible tube used to transport liquids or gas.
corporation
hose
suitcase
first aid
21. Device which breaks to stop the flow of current in the event of an overload.
market penetration strategy
sample
piggyback
fuse
22. To decide that an agreed appointment or booking will not take place.
A & E (Accident & Emergency)
cancel
entrepreneuer
fraud
23. A government office which registers information on every company on the British market and circulates them to stakeholders.
invasion of privacy
Companies House
consignment
quality audit
24. Fundamental human rights usually protected by law such as freedom of speech and religion.
port of entry
adaptive firm
civil liberties
analysis
25. When you allow someone to start a specific business by using your products in exchange for a part of his profits.
information privacy
liner
franchise
brand equity
26. Anyone who has an interest in the success of an organization - e.g. the owner - employees - shareholders.
cash flow
EBITDA
stakeholder
accounts payable
27. The examination and evaluation of something.
brand recognition
port of entry
analysis
EBIT
28. Someone who acts as an agent on behalf of a shipper.
market capitalization
freight forwarder
sample
brand equity
29. A financial statement showing sales - cost of sales - gross margin - operating expenses etc.
assets
cash flow
bonded warehouse
income statement
30. Series of questions designed to gather information on a certain topic.
trespassing
key performance indicator
survey
consignment
31. One of the documents required by a firm to become a limited company.
market segmentation
mission statement
memorandum of association
discrimination
32. Protective eyewear worn when working with chemicals or dangerous machines.
target market
warehouse
Roll-on/Roll-off vessels
goggles
33. When all members of a group agree to support a decision even if they don't agree with it.
consensus
stakeholder
penetration pricing strategy
rights violation
34. Someone who starts a new business venture often involving innovation and risk taking.
retained earnings
Companies House
commission
entrepreneuer
35. The total value of the money invested into a company by its shareholders.
positioning
entrepreneuer
first aid
share capital
36. Expenses for a company which do not change based on production or sales levels.
Ro/Ro
just-in-time manufacturing
fixed cost
A & E (Accident & Emergency)
37. The possibility of suffering harm or loss; a danger.
risk
fire extinguisher
peak times
injury
38. Ships especially designed for trucks to drive into them using internal ramps.
differentiation
lead-time
Roll-on/Roll-off vessels
limited liability
39. Duties or taxes imposed by the government on imported and exported goods.
customs
retained earnings
trade secret
analysis
40. The sale of part-ownership in a venture to gain additional capital for a start-up.
accommodation
no-show
equity financing
brand equity
41. A document representing one unit of ownership in a corporation - mutual fund or limited partnership.
possibilities
seed capital
share
invention
42. A short description of a company's purpose in relation to customers - products - markets etc.
equity financing
business mission
mission statement
common stock
43. Positions customer's relative perceptions of one brand in comparison to other competitive alternatives.
supply chain
brand recognition
EBITDA
creativity
44. A vessel sailing between specific ports on a regular basis.
liner
limited liability
market capitalization
break-even analysis
45. A short statement describing the main objectives and aims of a business.
liner
logistics outsourcing
quality audit
mission statement
46. The benefit of larger scale production where costs are spread over more units which lowers the average unit cost.
carousel
economies of scale
ETA
income statement
47. Abbreviation for a standardized container - Twenty-foot equivalent unit.
invasion of privacy
franchise
marketing mix
TEU
48. The right to have your political view kept secret.
target market
political privacy
supply chain
income statement
49. Earnings which are reinvested in the company rather than paid out as dividends.
memorandum of association
retained earnings
full containerships
fiscal year
50. 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.
market segmentation
acid test
turnaround
supply chain
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