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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. Usually wooden base used for moving or storing stacked goods.
MTBF (Mean Time Between Failures)
full containerships
pallet
life cycle
2. Information officially declared secret - such as classified documents or material that are available only to particular people.
classified information
suitcase
fork lift
internet privacy
3. A demanding or stimulating situation.
share capital
challenge
accreditation
feeder service
4. A warehouse authorized by customs where goods are stored and no payment is required until the goods are removed.
IPO - Initial Public Offering
bonded warehouse
consensus
accounts receivable
5. Protective eyewear worn when working with chemicals or dangerous machines.
consignment
carrier
bulk carriers
goggles
6. A machine used to pick up and transport goods loaded on pallets.
fork lift
quality audit
first aid
general cargo freighters
7. Property that a business owns - including cash and receivables - inventory etc.
assets
TEU
rights violation
benchmark
8. The sale of part-ownership in a venture to gain additional capital for a start-up.
equity financing
norm
valve
return on investment
9. Compensation paid to a person on the basis of products sold.
break bulk
trespassing
commission
secret ballot
10. List of goods in a store or warehouse.
feeder service
rights violation
third party
inventory
11. A marketing strategy where a company tries to gain greater dominance in a market - for example - by offering special prices.
accreditation
market penetration strategy
just-in-time manufacturing
accuracy
12. Someone who starts a new business venture often involving innovation and risk taking.
key performance indicator
officers of a company
entrepreneuer
advice of shipment
13. A document representing one unit of ownership in a corporation - mutual fund or limited partnership.
sleeping partner
IPO - Initial Public Offering
share
A & E (Accident & Emergency)
14. A formal framework for identifying an organization's growth opportunities - strengths - weaknesses - opportunities and threats.
memorandum of association
valid
officers of a company
SWOT analysis
15. The benefit of larger scale production where costs are spread over more units which lowers the average unit cost.
economies of scale
acid test
trade secret
air cargo
16. The crime of deceiving someone to get money or good illegally.
sleeping partner
fraud
deed of partnership
consensus
17. When you allow someone to start a specific business by using your products in exchange for a part of his profits.
limited liability
EBITDA
franchise
supply chain
18. Series of questions designed to gather information on a certain topic.
share
creativity
survey
valve
19. Earnings Before Interest - Taxes - Depreciation and Amortization.
supply chain
Roll-on/Roll-off vessels
EBITDA
discovery
20. A person who is on the managing board of a business.
director
cancel
break-even point
inventory
21. A non-profit making organization which exists to support and help a particular group.
third party
injury
challenge
charity
22. The idea that anything you tell your doctor will remain confidential.
consensus
carrier
spyware
medical privacy
23. The ability to develop new ideas.
creativity
trailer
memorandum of association
venture capitalist
24. The total value of the money invested into a company by its shareholders.
consignment
pallet
share capital
Lloyds' Registry
25. A standard used to compare some aspect of a business to an external measure.
benchmark
Roll-on/Roll-off vessels
identity theft
acid test
26. A method recognised throughout a business sector as the best way to do something.
liner
tankers
customs
best practice
27. Cargo which is transported by plane.
precaution
air cargo
CCTV (closed-circuit television)
fuse
28. The right to privacy and control of your information on the internet.
internet privacy
force majeure
return on investment
diversification
29. Damage or hurt experienced by a person or animal.
operating expenses
venture capitalist
marine insurance
injury
30. A shipment of goods to a consignee.
limited liability
consignment
equity financing
bonded warehouse
31. Finding out or ascertaining something previously unknown.
accounts payable
life cycle
discovery
charity
32. Ceiling-mounted camera used in stores and casinos etc to monitor customers.
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33. Initial medical attention given to someone in the event of an accident or sudden illness.
first aid
civil liberties
intermodal transport
EBITDA
34. A technique used to assess expected profitability of a company or single product.
break-even analysis
retained earnings
hard hat
identity theft
35. Hospital department for people who suddenly become ill or are hurt in an accident.
rights violation
air cargo
trailer
A & E (Accident & Emergency)
36. The point in units sold or sales amount when the expenses will be matched.
FEU
sleeping partner
break-even point
assets
37. Forty-Foot Equivalent Units - a standard size for shipping containers.
accounts receivable
FEU
hose
assets
38. Expenses arising during normal business operations.
secret ballot
valid
operating expenses
adaptive firm
39. A defined segment of the market that a product is aimed at.
stock exchange
identity theft
customs
target market
40. A form of company which has a separate legal identity and limited liabilities.
procedure
anonymity
corporation
Companies House
41. To make valid by approval - to establish the certainty of something.
confirm
lead-time
fixed cost
secret ballot
42. Written description of how something should be done.
track
officers of a company
procedure
barrel (BBL)
43. Goods which are shipped loose in the hold of a ship.
stopover
bulk cargo
share
invention
44. A receipt for goods issued by a carrier indicated that goods were received without damage or irregularities.
force majeure
market segmentation
Clean Bill of Lading
target market
45. A moving belt you collect baggage from at the airport.
carousel
share
officers of a company
trade secret
46. 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.
tankers
carousel
inventory
stock exchange
47. The truck unit onto which freight in a container is loaded.
risk
IPO - Initial Public Offering
feeder service
trailer
48. Port where cargo enters a country and is unloaded.
trespassing
stopover
port of entry
co-operative
49. A place for the reception - delivery - consolidation - distribution and storage of goods and cargo.
co-operative
depreciation
warehouse
EBITDA
50. Ships with permanent container cells with little or no space for other cargo types.
sleeping partner
fraud
classified information
full containerships