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Test your basic knowledge |
Business English Test
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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 possibility of suffering harm or loss; a danger.
A & E (Accident & Emergency)
fuse
norm
risk
2. Entering land or property without permission from the owner or the right to enter.
force majeure
hard hat
trespassing
liner
3. Activities including product - method of distribution - method of advertising which all affect how a product is marketing.
retained earnings
director
marketing mix
fuse
4. A government office which registers information on every company on the British market and circulates them to stakeholders.
limited liability
anonymity
unlimited liability
Companies House
5. List of goods in a store or warehouse.
suitcase
inventory
Lloyds' Registry
skimming pricing strategy
6. Letting a third-party company take care of your logistics for you.
asset turnover
key performance indicator
logistics outsourcing
procedure
7. Someone who invests in a business partnership without taking part in business affairs. Usually sleeping partners have limited liability.
A & E (Accident & Emergency)
freight forwarder
skimming pricing strategy
sleeping partner
8. A systematic - independent examination of whether a company's quality procedures are being followed and goals being achieved or not.
creativity
assets
full containerships
quality audit
9. A method recognised throughout a business sector as the best way to do something.
trespassing
EBITDA
best practice
limited liability
10. Anyone who has an interest in the success of an organization - e.g. the owner - employees - shareholders.
freight forwarder
Lloyds' Registry
civil liberties
stakeholder
11. A formal framework for identifying an organization's growth opportunities - strengths - weaknesses - opportunities and threats.
in transit
liner
SWOT analysis
bulk cargo
12. A moving belt you collect baggage from at the airport.
carousel
civil liberties
precaution
operating expenses
13. A new scientific or technical idea.
carrier
invention
market capitalization
adaptive firm
14. Steps taken in advance to avoid an accident happening.
trailer
precaution
electronic trail
political privacy
15. The total value of the money invested into a company by its shareholders.
trailer
advice of shipment
A & E (Accident & Emergency)
share capital
16. Insurance covering loss or damage of goods at sea.
Lloyds' Registry
marine insurance
goggles
feedback
17. When you allow someone to start a specific business by using your products in exchange for a part of his profits.
bed & breakfast
freight forwarder
franchise
trailer
18. Things which are likely or feasible.
fork lift
stopover
franchise
possibilities
19. A planned - temporary break in a journey - for instance to change planes.
trade secret
retained earnings
stopover
skimming pricing strategy
20. The categorization of potential customers into groups based on common characteristics.
third party
barrel (BBL)
accuracy
market segmentation
21. A flexible tube used to transport liquids or gas.
hose
general cargo freighters
consensus
bed & breakfast
22. The expected behaviour or standard for something.
norm
share
property rights
retained earnings
23. The amount of money of a company's profits that is distributed to its shareholders.
franchise
retained earnings
dividend
operating expenses
24. A delivery which is currently between its source and destination.
sample
in transit
co-operative
force majeure
25. A telephone call requested at a certain time to wake someone up.
wake-up call
skimming pricing strategy
A & E (Accident & Emergency)
economies of scale
26. The organization that surveys and classifies ships for insurance companies.
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27. In a business plan this is the change in the cash balance.
discovery
cash flow
EBIT
port of entry
28. Shortened form of Roll on/Roll off meaning a ship which trucks can drive straight onto without the need for cranes.
share capital
inventory
entrepreneuer
Ro/Ro
29. A voting system where each vote is kept private.
secret ballot
freight forwarder
Roll-on/Roll-off vessels
A & E (Accident & Emergency)
30. Surveillance tools installed on a computer without the users' consent.
spyware
medical privacy
Bill of Lading
economies of scale
31. When a company produces a product of a type they have not previously made.
diversification
co-operative
mission statement
goodwill
32. Metal rails along which a train travels.
logistics outsourcing
valve
freighters
track
33. The time which a seller needs to produce and deliver goods.
skimming pricing strategy
brand
warehouse
lead-time
34. Series of questions designed to gather information on a certain topic.
survey
benchmark
asset turnover
political privacy
35. A measure of the average time between failures in a system - the higher the amount - the more reliable the thing is.
liner
MTBF (Mean Time Between Failures)
adaptive firm
stakeholder
36. Someone who starts a new business venture often involving innovation and risk taking.
fraud
first aid
entrepreneuer
best practice
37. Transporting something using different means of transport - e.g. first on a truck and then on a ship.
full containerships
risk
surveillance
intermodal transport
38. A response or reaction to a piece of information.
political privacy
feedback
force majeure
differentiation
39. The benefit of larger scale production where costs are spread over more units which lowers the average unit cost.
air cargo
economies of scale
EBIT
fire extinguisher
40. A company that moves goods or passengers from one place to another.
carrier
injury
equity financing
break-even analysis
41. A receipt for goods issued by a carrier indicated that goods were received without damage or irregularities.
Clean Bill of Lading
bonded warehouse
sleeping partner
air cargo
42. Debts; money that must be paid.
bulk carriers
wake-up call
income statement
liabilities
43. Monitoring of public places using video cameras.
CCTV (closed-circuit television)
TEU
wake-up call
lead-time
44. Abbreviation for a standardized container - Twenty-foot equivalent unit.
TEU
common stock
stock exchange
IPO - Initial Public Offering
45. Finding out or ascertaining something previously unknown.
challenge
classified information
discovery
carousel
46. A shipment of goods to a consignee.
adaptive firm
third party
consignment
sample
47. Information officially declared secret - such as classified documents or material that are available only to particular people.
turnaround
brand equity
Roll-on/Roll-off vessels
classified information
48. Duties or taxes imposed by the government on imported and exported goods.
retained earnings
pallet
customs
full containerships
49. Device which breaks to stop the flow of current in the event of an overload.
positioning
internet privacy
fuse
trade secret
50. 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.
IPO - Initial Public Offering
limited liability
income statement
target market
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