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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. Bills to be paid as part of the normal course of business.
feeder service
'eye in the sky' camera
accounts payable
goggles
2. 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.
limited liability
force majeure
goggles
corporation
3. Debts owed to a company usually from sales on credit.
turnaround
general cargo freighters
accounts receivable
discovery
4. Expenses for a company which do not change based on production or sales levels.
fixed cost
break-even point
risk
officers of a company
5. A form of corporate equity ownership giving voting rights.
benchmark
marine insurance
sleeping partner
common stock
6. List of goods in a store or warehouse.
supply chain
payroll
target market
inventory
7. A response or reaction to a piece of information.
fraud
feedback
stock exchange
classified information
8. A non-profit making organization which exists to support and help a particular group.
accounts payable
charity
sexual privacy
market capitalization
9. System where goods are produced as and when they are needed rather than producing items in advance and storing them in a warehouse.
general cargo freighters
Bill of Lading
intermodal transport
just-in-time manufacturing
10. The time it takes between the arrival of a vessel or aircraft and its departure.
fire extinguisher
discovery
turnaround
equity financing
11. The science of making sure people and machines work together as well as possible.
assets
ergonomics
sleeping partner
business mission
12. Things which are likely or feasible.
SWOT analysis
possibilities
security
breach of privacy
13. The categorization of potential customers into groups based on common characteristics.
co-operative
break-even analysis
market segmentation
venture capitalist
14. A company that moves goods or passengers from one place to another.
carrier
break-even point
FEU
SWOT analysis
15. Earnings Before Interest and Taxes.
positioning
sample
EBIT
charity
16. The organization that surveys and classifies ships for insurance companies.
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17. A person who is on the managing board of a business.
brand equity
pallet
Clean Bill of Lading
director
18. Forty-Foot Equivalent Units - a standard size for shipping containers.
Lloyds' Registry
share
quality audit
FEU
19. A government office which registers information on every company on the British market and circulates them to stakeholders.
equity financing
portfolio
Companies House
discovery
20. Business wholly owned by its employees with the emphasis on group decision making.
advice of shipment
trade secret
political privacy
co-operative
21. The granting of power to perform various acts or duties.
feedback
accreditation
consensus
Lloyds' Registry
22. When someone breaks your right to privacy.
internet privacy
logistics
invasion of privacy
FEU
23. Shortened form of Roll on/Roll off meaning a ship which trucks can drive straight onto without the need for cranes.
supply chain
Ro/Ro
platform
acid test
24. 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.
US Fourth Amendment
diversification
air cargo
acid test
25. To unload and distribute some or all the contents of a rail car - container or trailer.
stalking
variable cost
positioning
break bulk
26. Electronic records of phone calls - bank transactions etc which paint a picture of what a person did - where and when.
customs
electronic trail
share
EBIT
27. Someone who starts a new business venture often involving innovation and risk taking.
CCTV (closed-circuit television)
accommodation
entrepreneuer
creativity
28. Ceiling-mounted camera used in stores and casinos etc to monitor customers.
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29. Hospital department for people who suddenly become ill or are hurt in an accident.
A & E (Accident & Emergency)
due diligence
advice of shipment
equity financing
30. Positions customer's relative perceptions of one brand in comparison to other competitive alternatives.
brand
skimming pricing strategy
brand recognition
electronic trail
31. To make valid by approval - to establish the certainty of something.
confirm
payroll
bonded warehouse
stock exchange
32. A formal framework for identifying an organization's growth opportunities - strengths - weaknesses - opportunities and threats.
property rights
penetration pricing strategy
target market
SWOT analysis
33. A systematic - independent examination of whether a company's quality procedures are being followed and goals being achieved or not.
break-even analysis
quality audit
confirm
peak times
34. A short statement describing the main objectives and aims of a business.
in transit
accounts receivable
venture capitalist
mission statement
35. Damage or hurt experienced by a person or animal.
injury
security
seed capital
depreciation
36. Written description of how something should be done.
marketing mix
procedure
hard hat
classified information
37. When you allow someone to start a specific business by using your products in exchange for a part of his profits.
business mission
franchise
positioning
valve
38. Unfair treatment of a person or group based on prejudice.
accreditation
discrimination
trade secret
commission
39. Usually wooden base used for moving or storing stacked goods.
in transit
third party
pallet
security
40. Letting a third-party company take care of your logistics for you.
logistics outsourcing
equity financing
carrier
inventory
41. A voting system where each vote is kept private.
norm
secret ballot
piggyback
accuracy
42. The truck unit onto which freight in a container is loaded.
Ro/Ro
charity
market capitalization
trailer
43. A machine used to pick up and transport goods loaded on pallets.
operating expenses
wake-up call
fork lift
analysis
44. A delivery which is currently between its source and destination.
risk
in transit
EBIT
penetration pricing strategy
45. The year as used in accounting which can begin and end in any month as the company sees fit.
tankers
port of entry
fiscal year
full containerships
46. When all members of a group agree to support a decision even if they don't agree with it.
invention
creativity
MTBF (Mean Time Between Failures)
consensus
47. A marketing strategy where a company tries to gain greater dominance in a market - for example - by offering special prices.
just-in-time manufacturing
market penetration strategy
seed capital
supply chain
48. A piece of information - for example how a certain product is made - which is only known to the company that makes it.
tankers
marketing mix
trade secret
cash flow
49. Expenses arising during normal business operations.
property rights
operating expenses
port of entry
differentiation
50. 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.
stock exchange
CCTV (closed-circuit television)
carousel
sexual privacy
Sorry!:) No result found.
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