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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. Letting a third-party company take care of your logistics for you.
share
logistics outsourcing
brand
identity theft
2. System where goods are produced as and when they are needed rather than producing items in advance and storing them in a warehouse.
fraud
break bulk
stock exchange
just-in-time manufacturing
3. Debts owed to a company usually from sales on credit.
fire extinguisher
assets
accounts receivable
Lloyds' Registry
4. A new scientific or technical idea.
valid
invention
break-even point
charity
5. Service taking cargo from a regional port or airport to a central hub for a long-haul voyage.
feeder service
A & E (Accident & Emergency)
variable cost
economies of scale
6. Shaping a companies' offering and image to occupy a unique and valued place in the customer's mind.
positioning
IPO - Initial Public Offering
discrimination
fixed cost
7. The idea that anything you tell your doctor will remain confidential.
medical privacy
officers of a company
stakeholder
commission
8. The monitoring or close observation of behaviour.
surveillance
liabilities
positioning
inventory
9. A person who is on the managing board of a business.
goggles
challenge
memorandum of association
director
10. Wages - salaries and other forms of employee compensation.
memorandum of association
payroll
CCTV (closed-circuit television)
fiscal year
11. List of goods in a store or warehouse.
commission
identity theft
bonded warehouse
inventory
12. Someone who invests in a business partnership without taking part in business affairs. Usually sleeping partners have limited liability.
norm
return on investment
freight forwarder
sleeping partner
13. Officials formally appointed to run and represent a company.
force majeure
skimming pricing strategy
officers of a company
differentiation
14. Activities including product - method of distribution - method of advertising which all affect how a product is marketing.
customs
commission
internet privacy
marketing mix
15. Ceiling-mounted camera used in stores and casinos etc to monitor customers.
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16. Unfair treatment of a person or group based on prejudice.
EBIT
force majeure
information privacy
discrimination
17. The times of highest demand for a product or service.
anonymity
peak times
entrepreneuer
fixed cost
18. A moving belt you collect baggage from at the airport.
carousel
franchise
acid test
Roll-on/Roll-off vessels
19. The benefit of larger scale production where costs are spread over more units which lowers the average unit cost.
anonymity
accuracy
economies of scale
market capitalization
20. Duties or taxes imposed by the government on imported and exported goods.
life cycle
track
target market
customs
21. Bills to be paid as part of the normal course of business.
Clean Bill of Lading
accounts payable
A & E (Accident & Emergency)
business mission
22. A voting system where each vote is kept private.
stalking
procedure
consensus
secret ballot
23. To make valid by approval - to establish the certainty of something.
confirm
freedom of speech
consensus
challenge
24. The possibility of suffering harm or loss; a danger.
bonded warehouse
fuse
risk
hose
25. A financial statement showing sales - cost of sales - gross margin - operating expenses etc.
wake-up call
income statement
anonymity
liabilities
26. Documents used to procure freight and express transportation and services from commercial carriers.
fuse
discrimination
lead-time
Bill of Lading
27. A name - term - sign - symbol - design or combination of these used to uniquely identify a producer's goods.
memorandum of association
break-even analysis
brand
feeder service
28. The system of technology - people - organizations etc involved in moving services or products from supplier to customer.
share
supply chain
operating expenses
fire extinguisher
29. The amount of money of a company's profits that is distributed to its shareholders.
dividend
key performance indicator
fuse
tankers
30. Protective eyewear worn when working with chemicals or dangerous machines.
fuse
brand equity
goggles
equity financing
31. A method recognised throughout a business sector as the best way to do something.
commission
best practice
identity theft
asset turnover
32. Property that a business owns - including cash and receivables - inventory etc.
director
hard hat
assets
charity
33. Sales divided by total assets.
asset turnover
ETA
EBIT
confirm
34. Entering land or property without permission from the owner or the right to enter.
trespassing
differentiation
track
fire extinguisher
35. Damage or hurt experienced by a person or animal.
injury
market penetration strategy
corporation
accreditation
36. In a business plan this is the change in the cash balance.
liner
Lloyds' Registry
Companies House
cash flow
37. To unload and distribute some or all the contents of a rail car - container or trailer.
break bulk
carousel
cash flow
retained earnings
38. Ships with permanent container cells with little or no space for other cargo types.
full containerships
commission
accuracy
stakeholder
39. A flexible tube used to transport liquids or gas.
wake-up call
hose
carrier
TEU
40. A rectangluar piece of luggage for carrying clothes.
suitcase
goggles
bulk cargo
first aid
41. The granting of power to perform various acts or duties.
share capital
accreditation
fork lift
carrier
42. The efforts to make a product seem different from rival products or even unique.
differentiation
discrimination
market penetration strategy
benchmark
43. One of the documents required by a firm to become a limited company.
memorandum of association
mission statement
limited liability
stakeholder
44. A company that moves goods or passengers from one place to another.
surveillance
fiscal year
carrier
Bill of Lading
45. Anyone who has an interest in the success of an organization - e.g. the owner - employees - shareholders.
freight forwarder
Companies House
air cargo
stakeholder
46. Monitoring of public places using video cameras.
CCTV (closed-circuit television)
fork lift
limited liability
dividend
47. A process of verifying all information about a company including but not limited to financials - management - market share and risks.
due diligence
fork lift
port of entry
EBIT
48. Vessel designed to carry bulk cargo such as grain or ore.
bulk carriers
precaution
Lloyds' Registry
cancel
49. Part of the Bill of Rights which provides people with the right to be secure in their persons - houses - papers etc.
benchmark
ETA
US Fourth Amendment
operating expenses
50. Electronic records of phone calls - bank transactions etc which paint a picture of what a person did - where and when.
advice of shipment
break-even point
income statement
electronic trail
Can you answer 50 questions in 15 minutes?
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