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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. The science of making sure people and machines work together as well as possible.
air cargo
ergonomics
break-even point
inventory
2. A small hotel or private house that rents out rooms to sleep in - including breakfast - at reasonable prices.
bed & breakfast
hose
risk
trade secret
3. Device containing water - foam or powder used to put out a fire.
differentiation
fire extinguisher
creativity
trespassing
4. A marketing strategy where a company tries to gain greater dominance in a market - for example - by offering special prices.
consensus
CCTV (closed-circuit television)
market penetration strategy
economies of scale
5. A place to live - work - stay in : rented/temporary/furnished accommodation.
accommodation
supply chain
cash flow
differentiation
6. Business wholly owned by its employees with the emphasis on group decision making.
share capital
accounts payable
co-operative
trade secret
7. Insurance covering loss or damage of goods at sea.
marine insurance
stakeholder
anonymity
possibilities
8. Documents used to procure freight and express transportation and services from commercial carriers.
logistics
goggles
Bill of Lading
discovery
9. Ceiling-mounted camera used in stores and casinos etc to monitor customers.
10. Service taking cargo from a regional port or airport to a central hub for a long-haul voyage.
feeder service
bulk cargo
TEU
deed of partnership
11. Setting a relatively low intitial price for a new product in order to win market share.
penetration pricing strategy
key performance indicator
creativity
co-operative
12. The purchase of a business based on the company's cash recipts and the belief positive cash flow will continue.
Leveraged Buy-Out
mission statement
retained earnings
accuracy
13. Initial medical attention given to someone in the event of an accident or sudden illness.
first aid
analysis
just-in-time manufacturing
force majeure
14. The right to say what you want without anyone stopping you.
freight forwarder
freedom of speech
valid
goggles
15. The right to have details of your financial transactions kept secret.
brand equity
brand
financial privacy
bonded warehouse
16. A notice to a buyer that shipment has gone forward which contains details of packing - routing etc.
bonded warehouse
brand
injury
advice of shipment
17. Estimated Time of Arrival.
ETA
logistics
air cargo
warehouse
18. Someone who acts as an agent on behalf of a shipper.
limited liability
freighters
freight forwarder
port of entry
19. Things which are likely or feasible.
payroll
possibilities
Roll-on/Roll-off vessels
hard hat
20. Finding out or ascertaining something previously unknown.
advice of shipment
valid
discovery
accounts receivable
21. The monitoring or close observation of behaviour.
surveillance
invasion of privacy
third party
fork lift
22. A vessel sailing between specific ports on a regular basis.
limited liability
liner
trade secret
spyware
23. The system of technology - people - organizations etc involved in moving services or products from supplier to customer.
ergonomics
lead-time
accuracy
supply chain
24. A warehouse authorized by customs where goods are stored and no payment is required until the goods are removed.
peak times
bed & breakfast
stock exchange
bonded warehouse
25. A defined segment of the market that a product is aimed at.
asset turnover
target market
valve
equity financing
26. Port where cargo enters a country and is unloaded.
Roll-on/Roll-off vessels
port of entry
information privacy
in transit
27. The planning - implementation and control of flow and storage of goods.
possibilities
inventory
logistics
sample
28. Ships fitted with tanks to carry liquid or gas cargoes.
discrimination
tankers
operating expenses
carousel
29. Surveillance tools installed on a computer without the users' consent.
trespassing
liabilities
spyware
sleeping partner
30. A delivery which is currently between its source and destination.
bonded warehouse
in transit
accommodation
civil liberties
31. Compensation paid to a person on the basis of products sold.
commission
memorandum of association
hard hat
differentiation
32. Costs that fluctuate in direct relation to the volume of units produced.
share
confirm
assets
variable cost
33. The right to privacy and control of your information on the internet.
internet privacy
carrier
portfolio
differentiation
34. The right of owners of physical or intellectual property to consume - rent or sell their property.
freight forwarder
fraud
property rights
injury
35. In a business plan this is the change in the cash balance.
trespassing
cash flow
quality audit
accommodation
36. The estimated loss of value of assets over a period of time.
analysis
fork lift
fuse
depreciation
37. A new scientific or technical idea.
identity theft
brand equity
adaptive firm
invention
38. A form of corporate equity ownership giving voting rights.
common stock
TEU
platform
quality audit
39. To make valid by approval - to establish the certainty of something.
officers of a company
confirm
US Fourth Amendment
freedom of speech
40. A name - term - sign - symbol - design or combination of these used to uniquely identify a producer's goods.
valid
brand
depreciation
just-in-time manufacturing
41. Expenses for a company which do not change based on production or sales levels.
fixed cost
medical privacy
Clean Bill of Lading
surveillance
42. A measure of the average time between failures in a system - the higher the amount - the more reliable the thing is.
share capital
rights violation
MTBF (Mean Time Between Failures)
fraud
43. A moving belt you collect baggage from at the airport.
carousel
medical privacy
electronic trail
norm
44. When a company produces a product of a type they have not previously made.
diversification
port of entry
logistics
'eye in the sky' camera
45. Part of the Bill of Rights which provides people with the right to be secure in their persons - houses - papers etc.
customs
US Fourth Amendment
stakeholder
secret ballot
46. Expenses arising during normal business operations.
operating expenses
fuse
Clean Bill of Lading
accounts payable
47. A financial statement showing sales - cost of sales - gross margin - operating expenses etc.
benchmark
suitcase
political privacy
income statement
48. When a person or group infringes on your rights such as freedom of movement or freedom of speech.
third party
rights violation
positioning
risk
49. The year as used in accounting which can begin and end in any month as the company sees fit.
creativity
financial privacy
fiscal year
assets
50. An investment contributed at the early stages of a new venture.
seed capital
turnaround
common stock
skimming pricing strategy