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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. Cargo which is transported by plane.
injury
US Fourth Amendment
air cargo
trade secret
2. A new scientific or technical idea.
internet privacy
liner
stopover
invention
3. Insurance covering loss or damage of goods at sea.
force majeure
challenge
accounts receivable
marine insurance
4. Usually wooden base used for moving or storing stacked goods.
accounts payable
pallet
lead-time
TEU
5. 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.
feeder service
EBIT
general cargo freighters
acid test
6. A short description of a company's purpose in relation to customers - products - markets etc.
air cargo
'eye in the sky' camera
differentiation
business mission
7. Business wholly owned by its employees with the emphasis on group decision making.
fork lift
share
co-operative
adaptive firm
8. The added value a brand name identity brings to a product or service.
brand equity
marketing mix
'eye in the sky' camera
variable cost
9. Unfair treatment of a person or group based on prejudice.
discrimination
unlimited liability
cancel
deed of partnership
10. Metal rails along which a train travels.
track
venture capitalist
electronic trail
lead-time
11. The system of technology - people - organizations etc involved in moving services or products from supplier to customer.
supply chain
TEU
precaution
positioning
12. A short statement describing the main objectives and aims of a business.
mission statement
pallet
security
norm
13. 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.
marketing mix
limited liability
Ro/Ro
air cargo
14. A non-profit making organization which exists to support and help a particular group.
charity
trespassing
commission
invasion of privacy
15. The first time a company offers its shares to the public.
IPO - Initial Public Offering
hose
sample
payroll
16. A place to live - work - stay in : rented/temporary/furnished accommodation.
positioning
IPO - Initial Public Offering
accommodation
key performance indicator
17. The planning - implementation and control of flow and storage of goods.
consignment
IPO - Initial Public Offering
market capitalization
logistics
18. Earnings which are reinvested in the company rather than paid out as dividends.
deed of partnership
retained earnings
carousel
differentiation
19. Initial medical attention given to someone in the event of an accident or sudden illness.
in transit
liabilities
first aid
spyware
20. Mechanical device controlling the flow of a gas or liquid in a system.
platform
valve
trailer
variable cost
21. Setting a high initial price for a product to create a price-quality idea which early adopters will happily accept.
wake-up call
economies of scale
skimming pricing strategy
Leveraged Buy-Out
22. Net profits divided by net worth or total equity.
return on investment
variable cost
third party
tankers
23. Ships with permanent container cells with little or no space for other cargo types.
common stock
barrel (BBL)
full containerships
lead-time
24. A place where parts of the ownership of companies are bought and sold - or the organization of people whose job is to do the buying and selling.
challenge
A & E (Accident & Emergency)
stock exchange
bulk carriers
25. Expenses arising during normal business operations.
third party
operating expenses
bed & breakfast
equity financing
26. Port where cargo enters a country and is unloaded.
portfolio
classified information
port of entry
charity
27. The granting of power to perform various acts or duties.
hard hat
Clean Bill of Lading
accreditation
Companies House
28. Letting a third-party company take care of your logistics for you.
financial privacy
stock exchange
logistics outsourcing
FEU
29. A place for the reception - delivery - consolidation - distribution and storage of goods and cargo.
dividend
warehouse
Companies House
customs
30. The purchase of a business based on the company's cash recipts and the belief positive cash flow will continue.
carrier
secret ballot
hose
Leveraged Buy-Out
31. Fundamental human rights usually protected by law such as freedom of speech and religion.
brand
barrel (BBL)
MTBF (Mean Time Between Failures)
civil liberties
32. The state of remaining unknown to most other people.
brand equity
A & E (Accident & Emergency)
secret ballot
anonymity
33. The characteristic of a measurement regarding how precise it is.
income statement
procedure
life cycle
accuracy
34. A defined segment of the market that a product is aimed at.
target market
fork lift
electronic trail
asset turnover
35. Steps taken in advance to avoid an accident happening.
valve
anonymity
precaution
target market
36. Transporting something using different means of transport - e.g. first on a truck and then on a ship.
intermodal transport
ergonomics
lead-time
penetration pricing strategy
37. The times of highest demand for a product or service.
peak times
Ro/Ro
TEU
warehouse
38. One of the documents required by a firm to become a limited company.
Ro/Ro
memorandum of association
break-even point
sleeping partner
39. An organization able to respond to and address changes in a market - their environment or industry.
freighters
stakeholder
fiscal year
adaptive firm
40. Damage or hurt experienced by a person or animal.
injury
limited liability
memorandum of association
platform
41. A moving belt you collect baggage from at the airport.
break-even point
acid test
carousel
bulk cargo
42. The organization that surveys and classifies ships for insurance companies.
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43. The examination and evaluation of something.
stock exchange
stakeholder
analysis
bulk carriers
44. The crime of deceiving someone to get money or good illegally.
fraud
income statement
valve
internet privacy
45. Part of the Bill of Rights which provides people with the right to be secure in their persons - houses - papers etc.
hose
variable cost
US Fourth Amendment
marketing mix
46. A company that moves goods or passengers from one place to another.
just-in-time manufacturing
adaptive firm
benchmark
carrier
47. Compensation paid to a person on the basis of products sold.
logistics outsourcing
fiscal year
commission
Companies House
48. A machine used to pick up and transport goods loaded on pallets.
brand equity
pallet
feedback
fork lift
49. The science of making sure people and machines work together as well as possible.
depreciation
ergonomics
tankers
inventory
50. Officials formally appointed to run and represent a company.
officers of a company
consignment
bulk carriers
discovery