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Business English Test
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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. Setting a high initial price for a product to create a price-quality idea which early adopters will happily accept.
civil liberties
economies of scale
platform
skimming pricing strategy
2. Damage or hurt experienced by a person or animal.
fire extinguisher
differentiation
injury
break bulk
3. The right to have your sexual orientation and practices remain secret.
suitcase
rights violation
operating expenses
sexual privacy
4. The relationship between technology and the legal right to privacy in the collection and sharing of data about oneself.
freighters
sleeping partner
bulk carriers
information privacy
5. The time it takes between the arrival of a vessel or aircraft and its departure.
no-show
IPO - Initial Public Offering
turnaround
accounts payable
6. Ships with permanent container cells with little or no space for other cargo types.
fire extinguisher
full containerships
in transit
brand
7. Cargo which is booked but does not arrive in time to be loaded onto a vessel.
classified information
seed capital
no-show
risk
8. The first time a company offers its shares to the public.
IPO - Initial Public Offering
Lloyds' Registry
feedback
variable cost
9. Part of the Bill of Rights which provides people with the right to be secure in their persons - houses - papers etc.
possibilities
accounts payable
target market
US Fourth Amendment
10. A warehouse authorized by customs where goods are stored and no payment is required until the goods are removed.
bonded warehouse
carousel
third party
officers of a company
11. Fundamental human rights usually protected by law such as freedom of speech and religion.
TEU
memorandum of association
Ro/Ro
civil liberties
12. Series of questions designed to gather information on a certain topic.
survey
Companies House
skimming pricing strategy
feeder service
13. A method recognised throughout a business sector as the best way to do something.
peak times
in transit
information privacy
best practice
14. Debts; money that must be paid.
Companies House
liabilities
Clean Bill of Lading
fork lift
15. The right to say what you want without anyone stopping you.
identity theft
wake-up call
freedom of speech
brand
16. A telephone call requested at a certain time to wake someone up.
liner
wake-up call
norm
bed & breakfast
17. A statisitical measure of how well a company is doing in a certain area.
lead-time
key performance indicator
hose
depreciation
18. The obsessive following - observing or contacting of another person.
logistics outsourcing
IPO - Initial Public Offering
stalking
MTBF (Mean Time Between Failures)
19. A government office which registers information on every company on the British market and circulates them to stakeholders.
Companies House
financial privacy
share capital
depreciation
20. The year as used in accounting which can begin and end in any month as the company sees fit.
confirm
fiscal year
break-even analysis
best practice
21. When a person or group infringes on your rights such as freedom of movement or freedom of speech.
corporation
stock exchange
rights violation
challenge
22. Activities involved in protecting a country - building or person against danger or attack.
security
quality audit
franchise
risk
23. The organization that surveys and classifies ships for insurance companies.
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24. In a business plan this is the change in the cash balance.
commission
platform
cash flow
venture capitalist
25. A defined segment of the market that a product is aimed at.
trespassing
stopover
target market
track
26. Activities including product - method of distribution - method of advertising which all affect how a product is marketing.
asset turnover
stopover
marketing mix
secret ballot
27. The amount of money of a company's profits that is distributed to its shareholders.
A & E (Accident & Emergency)
dividend
break-even analysis
brand equity
28. Goods which are shipped loose in the hold of a ship.
bulk cargo
logistics
brand
logistics outsourcing
29. Someone who starts a new business venture often involving innovation and risk taking.
entrepreneuer
seed capital
analysis
turnaround
30. Costs that fluctuate in direct relation to the volume of units produced.
'eye in the sky' camera
variable cost
fork lift
information privacy
31. A form of corporate equity ownership giving voting rights.
operating expenses
tankers
common stock
TEU
32. The time which a seller needs to produce and deliver goods.
income statement
hard hat
lead-time
brand
33. Electronic records of phone calls - bank transactions etc which paint a picture of what a person did - where and when.
feeder service
brand equity
electronic trail
freighters
34. Device containing water - foam or powder used to put out a fire.
portfolio
fire extinguisher
medical privacy
trailer
35. A technique used to assess expected profitability of a company or single product.
break-even analysis
lead-time
survey
anonymity
36. An organization able to respond to and address changes in a market - their environment or industry.
CCTV (closed-circuit television)
key performance indicator
adaptive firm
EBITDA
37. Device which breaks to stop the flow of current in the event of an overload.
A & E (Accident & Emergency)
procedure
Roll-on/Roll-off vessels
fuse
38. To decide that an agreed appointment or booking will not take place.
just-in-time manufacturing
accounts payable
cancel
market segmentation
39. Usually wooden base used for moving or storing stacked goods.
fraud
confirm
sleeping partner
pallet
40. A measure of the average time between failures in a system - the higher the amount - the more reliable the thing is.
consensus
life cycle
MTBF (Mean Time Between Failures)
survey
41. Duties or taxes imposed by the government on imported and exported goods.
Companies House
customs
goggles
civil liberties
42. The times of highest demand for a product or service.
limited liability
A & E (Accident & Emergency)
retained earnings
peak times
43. A short description of a company's purpose in relation to customers - products - markets etc.
fiscal year
business mission
common stock
liner
44. The right to privacy and control of your information on the internet.
internet privacy
SWOT analysis
business mission
turnaround
45. Wages - salaries and other forms of employee compensation.
payroll
discovery
Companies House
sexual privacy
46. A small hotel or private house that rents out rooms to sleep in - including breakfast - at reasonable prices.
accreditation
bed & breakfast
political privacy
property rights
47. Things which are likely or feasible.
ergonomics
possibilities
'eye in the sky' camera
corporation
48. A notice to a buyer that shipment has gone forward which contains details of packing - routing etc.
freighters
advice of shipment
lead-time
dividend
49. The categorization of potential customers into groups based on common characteristics.
brand
pallet
market segmentation
valid
50. Setting a relatively low intitial price for a new product in order to win market share.
fork lift
penetration pricing strategy
brand equity
deed of partnership
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