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Test your basic knowledge |
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. The organization that surveys and classifies ships for insurance companies.
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2. Insurance covering loss or damage of goods at sea.
trade secret
break bulk
valid
marine insurance
3. The right to have your sexual orientation and practices remain secret.
equity financing
sexual privacy
limited liability
marketing mix
4. A machine used to pick up and transport goods loaded on pallets.
accuracy
fork lift
marketing mix
identity theft
5. The times of highest demand for a product or service.
peak times
officers of a company
mission statement
consignment
6. The science of making sure people and machines work together as well as possible.
commission
wake-up call
ergonomics
pallet
7. A name - term - sign - symbol - design or combination of these used to uniquely identify a producer's goods.
invasion of privacy
stopover
accounts payable
brand
8. Earnings which are reinvested in the company rather than paid out as dividends.
entrepreneuer
valid
peak times
retained earnings
9. To make valid by approval - to establish the certainty of something.
confirm
director
bonded warehouse
brand equity
10. Someone who starts a new business venture often involving innovation and risk taking.
entrepreneuer
in transit
port of entry
goodwill
11. Business wholly owned by its employees with the emphasis on group decision making.
director
civil liberties
charity
co-operative
12. Entering land or property without permission from the owner or the right to enter.
stakeholder
common stock
trespassing
A & E (Accident & Emergency)
13. A voting system where each vote is kept private.
portfolio
norm
IPO - Initial Public Offering
secret ballot
14. A document representing one unit of ownership in a corporation - mutual fund or limited partnership.
commission
TEU
share
director
15. The monitoring or close observation of behaviour.
EBITDA
accuracy
venture capitalist
surveillance
16. Earnings Before Interest - Taxes - Depreciation and Amortization.
force majeure
EBITDA
best practice
general cargo freighters
17. A new scientific or technical idea.
norm
MTBF (Mean Time Between Failures)
piggyback
invention
18. Mechanical device controlling the flow of a gas or liquid in a system.
valve
seed capital
injury
trailer
19. The truck unit onto which freight in a container is loaded.
barrel (BBL)
electronic trail
trailer
Roll-on/Roll-off vessels
20. Compensation paid to a person on the basis of products sold.
intermodal transport
commission
acid test
stalking
21. A shipment of goods to a consignee.
brand recognition
consignment
advice of shipment
liner
22. Device which breaks to stop the flow of current in the event of an overload.
classified information
feeder service
invasion of privacy
fuse
23. A warehouse authorized by customs where goods are stored and no payment is required until the goods are removed.
share
franchise
general cargo freighters
bonded warehouse
24. An investment contributed at the early stages of a new venture.
seed capital
accounts payable
common stock
officers of a company
25. Expenses arising during normal business operations.
operating expenses
suitcase
confirm
intermodal transport
26. A method recognised throughout a business sector as the best way to do something.
stakeholder
spyware
best practice
franchise
27. 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.
market segmentation
invention
confirm
stock exchange
28. A notice to a buyer that shipment has gone forward which contains details of packing - routing etc.
advice of shipment
economies of scale
pallet
sleeping partner
29. A statisitical measure of how well a company is doing in a certain area.
key performance indicator
classified information
hose
risk
30. The granting of power to perform various acts or duties.
fixed cost
accreditation
operating expenses
FEU
31. Surveillance tools installed on a computer without the users' consent.
fork lift
spyware
intermodal transport
freight forwarder
32. One of the documents required by a firm to become a limited company.
possibilities
penetration pricing strategy
return on investment
memorandum of association
33. A formal framework for identifying an organization's growth opportunities - strengths - weaknesses - opportunities and threats.
SWOT analysis
valve
cancel
accreditation
34. A vessel sailing between specific ports on a regular basis.
consensus
in transit
liner
EBIT
35. The complete range of a company's offerings including products and services.
fuse
portfolio
IPO - Initial Public Offering
accounts payable
36. The fraudulent use of someone's identity in order to steal money or get other benefits.
security
goggles
officers of a company
identity theft
37. The examination and evaluation of something.
force majeure
analysis
market segmentation
trade secret
38. In a business plan this is the change in the cash balance.
cash flow
brand
internet privacy
valve
39. Finding out or ascertaining something previously unknown.
Roll-on/Roll-off vessels
discovery
bulk carriers
Companies House
40. Service taking cargo from a regional port or airport to a central hub for a long-haul voyage.
warehouse
survey
penetration pricing strategy
feeder service
41. A form of company which has a separate legal identity and limited liabilities.
corporation
variable cost
injury
unlimited liability
42. The categorization of potential customers into groups based on common characteristics.
liabilities
warehouse
Leveraged Buy-Out
market segmentation
43. An organization able to respond to and address changes in a market - their environment or industry.
penetration pricing strategy
adaptive firm
dividend
A & E (Accident & Emergency)
44. A rectangluar piece of luggage for carrying clothes.
barrel (BBL)
suitcase
civil liberties
retained earnings
45. When a person or group infringes on your rights such as freedom of movement or freedom of speech.
market capitalization
rights violation
Roll-on/Roll-off vessels
first aid
46. A person who is involved in a situation in addition to the two main participants.
third party
franchise
procedure
in transit
47. Shortened form of Roll on/Roll off meaning a ship which trucks can drive straight onto without the need for cranes.
Ro/Ro
share
ergonomics
EBITDA
48. The right to have details of your financial transactions kept secret.
financial privacy
fork lift
pallet
EBIT
49. A receipt for goods issued by a carrier indicated that goods were received without damage or irregularities.
Clean Bill of Lading
Roll-on/Roll-off vessels
electronic trail
portfolio
50. An agreement that regulates the rights and obligations of shareholders.
memorandum of association
logistics
deed of partnership
break bulk
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