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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. Letting a third-party company take care of your logistics for you.
variable cost
logistics outsourcing
Roll-on/Roll-off vessels
anonymity
2. Positions customer's relative perceptions of one brand in comparison to other competitive alternatives.
freight forwarder
wake-up call
brand recognition
cancel
3. Forty-Foot Equivalent Units - a standard size for shipping containers.
logistics
fixed cost
FEU
anonymity
4. The fraudulent use of someone's identity in order to steal money or get other benefits.
tankers
carrier
procedure
identity theft
5. The monitoring or close observation of behaviour.
fraud
ergonomics
surveillance
freedom of speech
6. Earnings which are reinvested in the company rather than paid out as dividends.
classified information
retained earnings
IPO - Initial Public Offering
security
7. Entering land or property without permission from the owner or the right to enter.
trespassing
tankers
peak times
equity financing
8. The relationship between technology and the legal right to privacy in the collection and sharing of data about oneself.
cancel
information privacy
norm
limited liability
9. Usually wooden base used for moving or storing stacked goods.
Ro/Ro
freight forwarder
goodwill
pallet
10. Debts; money that must be paid.
due diligence
general cargo freighters
liabilities
creativity
11. Ships especially designed for trucks to drive into them using internal ramps.
classified information
Roll-on/Roll-off vessels
sample
co-operative
12. A short description of a company's purpose in relation to customers - products - markets etc.
bed & breakfast
business mission
air cargo
first aid
13. The science of making sure people and machines work together as well as possible.
hard hat
brand equity
force majeure
ergonomics
14. Finding out or ascertaining something previously unknown.
norm
suitcase
seed capital
discovery
15. Information officially declared secret - such as classified documents or material that are available only to particular people.
differentiation
economies of scale
classified information
freighters
16. A telephone call requested at a certain time to wake someone up.
unlimited liability
hard hat
wake-up call
discrimination
17. Initial medical attention given to someone in the event of an accident or sudden illness.
SWOT analysis
MTBF (Mean Time Between Failures)
CCTV (closed-circuit television)
first aid
18. A demanding or stimulating situation.
wake-up call
Clean Bill of Lading
challenge
identity theft
19. Business wholly owned by its employees with the emphasis on group decision making.
accuracy
co-operative
trade secret
tankers
20. A machine used to pick up and transport goods loaded on pallets.
security
director
penetration pricing strategy
fork lift
21. The granting of power to perform various acts or duties.
TEU
accreditation
seed capital
commission
22. A short statement describing the main objectives and aims of a business.
MTBF (Mean Time Between Failures)
Bill of Lading
mission statement
economies of scale
23. The right to privacy and control of your information on the internet.
full containerships
internet privacy
fixed cost
charity
24. A place for the reception - delivery - consolidation - distribution and storage of goods and cargo.
warehouse
MTBF (Mean Time Between Failures)
secret ballot
accommodation
25. Surveillance tools installed on a computer without the users' consent.
spyware
due diligence
medical privacy
just-in-time manufacturing
26. Protective helmet worn on building sites etc. to prevent injuries to the head.
goggles
hard hat
director
stopover
27. Net profits divided by net worth or total equity.
variable cost
share capital
return on investment
discovery
28. When a company produces a product of a type they have not previously made.
suitcase
civil liberties
diversification
Lloyds' Registry
29. Written description of how something should be done.
equity financing
procedure
limited liability
valid
30. The examination and evaluation of something.
platform
differentiation
analysis
logistics outsourcing
31. The possibility of suffering harm or loss; a danger.
cancel
risk
trailer
hose
32. Anyone who has an interest in the success of an organization - e.g. the owner - employees - shareholders.
stakeholder
'eye in the sky' camera
CCTV (closed-circuit television)
marine insurance
33. Ships fitted with tanks to carry liquid or gas cargoes.
tankers
share
payroll
bulk carriers
34. The first time a company offers its shares to the public.
intermodal transport
piggyback
IPO - Initial Public Offering
creativity
35. Steps taken in advance to avoid an accident happening.
precaution
diversification
financial privacy
commission
36. Property that a business owns - including cash and receivables - inventory etc.
director
assets
Leveraged Buy-Out
adaptive firm
37. A company that moves goods or passengers from one place to another.
corporation
carrier
no-show
Leveraged Buy-Out
38. The complete range of a company's offerings including products and services.
portfolio
freighters
best practice
injury
39. To decide that an agreed appointment or booking will not take place.
franchise
entrepreneuer
due diligence
cancel
40. Events which are beyond the control of a carrier like war - earthquakes or floods.
fiscal year
variable cost
depreciation
force majeure
41. Setting a high initial price for a product to create a price-quality idea which early adopters will happily accept.
accommodation
payroll
skimming pricing strategy
air cargo
42. Earnings Before Interest and Taxes.
customs
accuracy
EBIT
fiscal year
43. 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.
fiscal year
accounts payable
suitcase
acid test
44. A government office which registers information on every company on the British market and circulates them to stakeholders.
Companies House
diversification
return on investment
trade secret
45. The truck unit onto which freight in a container is loaded.
skimming pricing strategy
valve
tankers
trailer
46. A method recognised throughout a business sector as the best way to do something.
unlimited liability
Ro/Ro
accuracy
best practice
47. Service taking cargo from a regional port or airport to a central hub for a long-haul voyage.
marketing mix
feeder service
variable cost
market penetration strategy
48. When you allow someone to start a specific business by using your products in exchange for a part of his profits.
franchise
survey
lead-time
marketing mix
49. Damage or hurt experienced by a person or animal.
freighters
best practice
entrepreneuer
injury
50. Vessel designed to carry bulk cargo such as grain or ore.
supply chain
air cargo
bulk carriers
stock exchange