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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. Ships with permanent container cells with little or no space for other cargo types.
full containerships
ergonomics
variable cost
bulk cargo
2. The time which a seller needs to produce and deliver goods.
political privacy
due diligence
Leveraged Buy-Out
lead-time
3. Wages - salaries and other forms of employee compensation.
consignment
target market
payroll
warehouse
4. Information officially declared secret - such as classified documents or material that are available only to particular people.
stock exchange
supply chain
classified information
liabilities
5. Someone who invests in a business partnership without taking part in business affairs. Usually sleeping partners have limited liability.
market capitalization
fiscal year
sleeping partner
consignment
6. Written description of how something should be done.
unlimited liability
procedure
invention
air cargo
7. The possibility of suffering harm or loss; a danger.
risk
Companies House
commission
barrel (BBL)
8. A piece of information - for example how a certain product is made - which is only known to the company that makes it.
secret ballot
market penetration strategy
trade secret
freighters
9. A government office which registers information on every company on the British market and circulates them to stakeholders.
political privacy
Companies House
mission statement
payroll
10. A telephone call requested at a certain time to wake someone up.
wake-up call
equity financing
seed capital
procedure
11. A portion - piece or segment of something that is representative of the whole.
internet privacy
fraud
goodwill
sample
12. A response or reaction to a piece of information.
SWOT analysis
medical privacy
discovery
feedback
13. Ceiling-mounted camera used in stores and casinos etc to monitor customers.
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14. A defined segment of the market that a product is aimed at.
target market
valid
stalking
stopover
15. The right to have your political view kept secret.
valve
marine insurance
political privacy
break bulk
16. Shortened form of Roll on/Roll off meaning a ship which trucks can drive straight onto without the need for cranes.
penetration pricing strategy
precaution
Ro/Ro
creativity
17. The state of remaining unknown to most other people.
MTBF (Mean Time Between Failures)
best practice
force majeure
anonymity
18. Ships especially designed for trucks to drive into them using internal ramps.
Roll-on/Roll-off vessels
asset turnover
medical privacy
no-show
19. System where goods are produced as and when they are needed rather than producing items in advance and storing them in a warehouse.
political privacy
asset turnover
just-in-time manufacturing
turnaround
20. Expenses for a company which do not change based on production or sales levels.
ETA
fixed cost
'eye in the sky' camera
hose
21. Mechanical device controlling the flow of a gas or liquid in a system.
Leveraged Buy-Out
commission
valve
cancel
22. A unit of measure for liquids equivalent to 42 gallons.
barrel (BBL)
portfolio
electronic trail
security
23. The relationship between technology and the legal right to privacy in the collection and sharing of data about oneself.
share capital
suitcase
retained earnings
information privacy
24. The characteristic of a measurement regarding how precise it is.
accuracy
challenge
peak times
bonded warehouse
25. Protective eyewear worn when working with chemicals or dangerous machines.
SWOT analysis
goggles
consensus
trailer
26. 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.
air cargo
key performance indicator
marketing mix
limited liability
27. Someone who acts as an agent on behalf of a shipper.
positioning
marketing mix
freight forwarder
property rights
28. The first time a company offers its shares to the public.
IPO - Initial Public Offering
break-even point
turnaround
Companies House
29. Events which are beyond the control of a carrier like war - earthquakes or floods.
fuse
economies of scale
force majeure
internet privacy
30. A technique used to assess expected profitability of a company or single product.
stakeholder
break-even analysis
confirm
assets
31. A formal framework for identifying an organization's growth opportunities - strengths - weaknesses - opportunities and threats.
SWOT analysis
possibilities
force majeure
trespassing
32. An investment contributed at the early stages of a new venture.
survey
seed capital
security
common stock
33. A standard used to compare some aspect of a business to an external measure.
differentiation
key performance indicator
logistics outsourcing
benchmark
34. 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.
accounts payable
skimming pricing strategy
dividend
stock exchange
35. Finding out or ascertaining something previously unknown.
discovery
challenge
business mission
turnaround
36. The idea that anything you tell your doctor will remain confidential.
diversification
medical privacy
market segmentation
hose
37. The complete range of a company's offerings including products and services.
portfolio
operating expenses
market segmentation
co-operative
38. Entering land or property without permission from the owner or the right to enter.
trespassing
market segmentation
IPO - Initial Public Offering
Leveraged Buy-Out
39. A person who is on the managing board of a business.
break-even analysis
director
spyware
ETA
40. A measure of the average time between failures in a system - the higher the amount - the more reliable the thing is.
franchise
deed of partnership
economies of scale
MTBF (Mean Time Between Failures)
41. The added value a brand name identity brings to a product or service.
liner
analysis
accuracy
brand equity
42. Officials formally appointed to run and represent a company.
bulk carriers
officers of a company
marine insurance
procedure
43. Ships fitted with tanks to carry liquid or gas cargoes.
survey
tankers
breach of privacy
injury
44. Cargo which is booked but does not arrive in time to be loaded onto a vessel.
sleeping partner
accounts receivable
no-show
creativity
45. A warehouse authorized by customs where goods are stored and no payment is required until the goods are removed.
security
tankers
feedback
bonded warehouse
46. A short description of a company's purpose in relation to customers - products - markets etc.
equity financing
business mission
cancel
rights violation
47. Expenses arising during normal business operations.
platform
turnaround
operating expenses
accreditation
48. The efforts to make a product seem different from rival products or even unique.
differentiation
trailer
key performance indicator
director
49. A flexible tube used to transport liquids or gas.
platform
depreciation
hose
sexual privacy
50. The purchase of a business based on the company's cash recipts and the belief positive cash flow will continue.
Leveraged Buy-Out
commission
anonymity
logistics