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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. A short statement describing the main objectives and aims of a business.
trade secret
classified information
mission statement
liner
2. A technique used to assess expected profitability of a company or single product.
turnaround
skimming pricing strategy
brand equity
break-even analysis
3. An investment contributed at the early stages of a new venture.
air cargo
bed & breakfast
seed capital
valve
4. Debts owed to a company usually from sales on credit.
electronic trail
accounts receivable
variable cost
identity theft
5. Steps taken in advance to avoid an accident happening.
advice of shipment
precaution
portfolio
electronic trail
6. A flexible tube used to transport liquids or gas.
goggles
bed & breakfast
tankers
hose
7. A person who is involved in a situation in addition to the two main participants.
goggles
third party
break bulk
sample
8. Wages - salaries and other forms of employee compensation.
variable cost
payroll
injury
common stock
9. The efforts to make a product seem different from rival products or even unique.
EBIT
tankers
differentiation
discrimination
10. Device containing water - foam or powder used to put out a fire.
carousel
fire extinguisher
limited liability
carrier
11. Things which are likely or feasible.
liner
possibilities
pallet
stock exchange
12. Information officially declared secret - such as classified documents or material that are available only to particular people.
operating expenses
classified information
secret ballot
turnaround
13. The right of owners of physical or intellectual property to consume - rent or sell their property.
in transit
injury
property rights
trailer
14. The relationship between technology and the legal right to privacy in the collection and sharing of data about oneself.
valid
sleeping partner
information privacy
analysis
15. The fraudulent use of someone's identity in order to steal money or get other benefits.
positioning
identity theft
peak times
share
16. A place for the reception - delivery - consolidation - distribution and storage of goods and cargo.
warehouse
co-operative
rights violation
key performance indicator
17. The time which a seller needs to produce and deliver goods.
target market
lead-time
consensus
Roll-on/Roll-off vessels
18. A moving belt you collect baggage from at the airport.
Bill of Lading
Clean Bill of Lading
carousel
liabilities
19. The possibility of suffering harm or loss; a danger.
retained earnings
valid
risk
bulk cargo
20. A portion - piece or segment of something that is representative of the whole.
feedback
liabilities
sample
valve
21. Expenses for a company which do not change based on production or sales levels.
challenge
fixed cost
hose
target market
22. The sale of part-ownership in a venture to gain additional capital for a start-up.
equity financing
procedure
wake-up call
goodwill
23. Events which are beyond the control of a carrier like war - earthquakes or floods.
brand recognition
force majeure
stalking
pallet
24. The right to say what you want without anyone stopping you.
dividend
freedom of speech
memorandum of association
marketing mix
25. A receipt for goods issued by a carrier indicated that goods were received without damage or irregularities.
equity financing
Clean Bill of Lading
consignment
norm
26. A method recognised throughout a business sector as the best way to do something.
bulk cargo
accounts payable
commission
best practice
27. Insurance covering loss or damage of goods at sea.
marine insurance
valid
key performance indicator
officers of a company
28. A notice to a buyer that shipment has gone forward which contains details of packing - routing etc.
invention
general cargo freighters
secret ballot
advice of shipment
29. The right to privacy and control of your information on the internet.
internet privacy
cash flow
accounts payable
portfolio
30. 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.
stopover
acid test
internet privacy
discovery
31. Cargo which is booked but does not arrive in time to be loaded onto a vessel.
political privacy
port of entry
no-show
co-operative
32. Someone who invests in a business partnership without taking part in business affairs. Usually sleeping partners have limited liability.
charity
common stock
Companies House
sleeping partner
33. The planning - implementation and control of flow and storage of goods.
logistics
civil liberties
fire extinguisher
corporation
34. The crime of deceiving someone to get money or good illegally.
fraud
fiscal year
income statement
piggyback
35. A telephone call requested at a certain time to wake someone up.
customs
wake-up call
economies of scale
portfolio
36. A name - term - sign - symbol - design or combination of these used to uniquely identify a producer's goods.
hose
fraud
brand
retained earnings
37. To make valid by approval - to establish the certainty of something.
break bulk
confirm
carrier
positioning
38. A document representing one unit of ownership in a corporation - mutual fund or limited partnership.
depreciation
common stock
track
share
39. Anyone who has an interest in the success of an organization - e.g. the owner - employees - shareholders.
general cargo freighters
stakeholder
inventory
bed & breakfast
40. Electronic records of phone calls - bank transactions etc which paint a picture of what a person did - where and when.
just-in-time manufacturing
procedure
stock exchange
electronic trail
41. A shipment of goods to a consignee.
quality audit
consignment
A & E (Accident & Emergency)
surveillance
42. Ships fitted with tanks to carry liquid or gas cargoes.
precaution
tankers
bonded warehouse
share capital
43. Setting a relatively low intitial price for a new product in order to win market share.
stakeholder
invention
penetration pricing strategy
benchmark
44. A defined segment of the market that a product is aimed at.
unlimited liability
accommodation
target market
liabilities
45. Forty-Foot Equivalent Units - a standard size for shipping containers.
FEU
stakeholder
marine insurance
dividend
46. Cargo which is transported by plane.
precaution
air cargo
peak times
medical privacy
47. Ceiling-mounted camera used in stores and casinos etc to monitor customers.
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48. The truck unit onto which freight in a container is loaded.
trailer
advice of shipment
assets
track
49. The system of technology - people - organizations etc involved in moving services or products from supplier to customer.
supply chain
key performance indicator
platform
penetration pricing strategy
50. A formal framework for identifying an organization's growth opportunities - strengths - weaknesses - opportunities and threats.
wake-up call
seed capital
dividend
SWOT analysis