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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. Useable or acceptable.
franchise
portfolio
positioning
valid
2. A model depicting the sales curve of a product split into four stages - introduction - growth - maturity and decline.
third party
asset turnover
suitcase
life cycle
3. A machine used to pick up and transport goods loaded on pallets.
pallet
fork lift
spyware
information privacy
4. The purchase of a business based on the company's cash recipts and the belief positive cash flow will continue.
identity theft
secret ballot
Leveraged Buy-Out
economies of scale
5. Transporting something using different means of transport - e.g. first on a truck and then on a ship.
warehouse
wake-up call
unlimited liability
intermodal transport
6. Setting a relatively low intitial price for a new product in order to win market share.
penetration pricing strategy
peak times
key performance indicator
EBITDA
7. Wages - salaries and other forms of employee compensation.
payroll
information privacy
full containerships
inventory
8. A person who is on the managing board of a business.
brand equity
officers of a company
business mission
director
9. Officials formally appointed to run and represent a company.
accounts receivable
officers of a company
bed & breakfast
depreciation
10. Forty-Foot Equivalent Units - a standard size for shipping containers.
FEU
Lloyds' Registry
trailer
freedom of speech
11. A moving belt you collect baggage from at the airport.
accounts payable
adaptive firm
no-show
carousel
12. A planned - temporary break in a journey - for instance to change planes.
market penetration strategy
business mission
sexual privacy
stopover
13. The complete range of a company's offerings including products and services.
portfolio
liabilities
financial privacy
accuracy
14. The ability to develop new ideas.
income statement
return on investment
commission
creativity
15. One of the documents required by a firm to become a limited company.
risk
memorandum of association
share
target market
16. System where goods are produced as and when they are needed rather than producing items in advance and storing them in a warehouse.
cash flow
just-in-time manufacturing
penetration pricing strategy
track
17. Damage or hurt experienced by a person or animal.
peak times
injury
property rights
fork lift
18. The right to privacy and control of your information on the internet.
cash flow
stopover
FEU
internet privacy
19. Debts owed to a company usually from sales on credit.
discrimination
accounts receivable
stopover
carrier
20. Net profits divided by net worth or total equity.
customs
stalking
stock exchange
return on investment
21. The state of remaining unknown to most other people.
risk
bulk carriers
brand equity
anonymity
22. Activities involved in protecting a country - building or person against danger or attack.
security
Companies House
suitcase
turnaround
23. A unit of measure for liquids equivalent to 42 gallons.
marine insurance
barrel (BBL)
brand recognition
A & E (Accident & Emergency)
24. Usually wooden base used for moving or storing stacked goods.
goggles
US Fourth Amendment
pallet
customs
25. Anyone who has an interest in the success of an organization - e.g. the owner - employees - shareholders.
stock exchange
stakeholder
best practice
medical privacy
26. A measure of the average time between failures in a system - the higher the amount - the more reliable the thing is.
MTBF (Mean Time Between Failures)
corporation
penetration pricing strategy
Ro/Ro
27. The obsessive following - observing or contacting of another person.
business mission
equity financing
invasion of privacy
stalking
28. To make valid by approval - to establish the certainty of something.
confirm
logistics
accounts payable
fixed cost
29. A person who is involved in a situation in addition to the two main participants.
brand equity
third party
life cycle
Companies House
30. Documents used to procure freight and express transportation and services from commercial carriers.
carrier
brand
Bill of Lading
valve
31. The total value of the money invested into a company by its shareholders.
share capital
cancel
accommodation
trespassing
32. An organization able to respond to and address changes in a market - their environment or industry.
just-in-time manufacturing
brand
adaptive firm
norm
33. Ceiling-mounted camera used in stores and casinos etc to monitor customers.
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34. The time which a seller needs to produce and deliver goods.
operating expenses
Roll-on/Roll-off vessels
lead-time
rights violation
35. The examination and evaluation of something.
trade secret
analysis
Clean Bill of Lading
pallet
36. A short description of a company's purpose in relation to customers - products - markets etc.
business mission
cancel
first aid
confirm
37. Steps taken in advance to avoid an accident happening.
Companies House
share
precaution
co-operative
38. An agreement that regulates the rights and obligations of shareholders.
logistics
sexual privacy
deed of partnership
MTBF (Mean Time Between Failures)
39. Ships fitted with tanks to carry liquid or gas cargoes.
marine insurance
share capital
civil liberties
tankers
40. A marketing strategy where a company tries to gain greater dominance in a market - for example - by offering special prices.
brand
valve
fraud
market penetration strategy
41. When you allow someone to start a specific business by using your products in exchange for a part of his profits.
franchise
benchmark
IPO - Initial Public Offering
freight forwarder
42. A process of verifying all information about a company including but not limited to financials - management - market share and risks.
accuracy
due diligence
survey
bonded warehouse
43. A small hotel or private house that rents out rooms to sleep in - including breakfast - at reasonable prices.
brand equity
bed & breakfast
wake-up call
invention
44. Information officially declared secret - such as classified documents or material that are available only to particular people.
classified information
invasion of privacy
director
barrel (BBL)
45. Events which are beyond the control of a carrier like war - earthquakes or floods.
liner
trade secret
memorandum of association
force majeure
46. Shaping a companies' offering and image to occupy a unique and valued place in the customer's mind.
positioning
corporation
Companies House
security
47. When a person or group infringes on your rights such as freedom of movement or freedom of speech.
rights violation
acid test
commission
inventory
48. To decide that an agreed appointment or booking will not take place.
cancel
break-even analysis
Clean Bill of Lading
anonymity
49. The system of technology - people - organizations etc involved in moving services or products from supplier to customer.
supply chain
benchmark
memorandum of association
force majeure
50. Fundamental human rights usually protected by law such as freedom of speech and religion.
IPO - Initial Public Offering
ETA
goodwill
civil liberties