business management quiz
TRANSCRIPT
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The Business QuizWednesday Activity
Shikha Sota
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Round one• It consists of Business management
questions. • Each question has four choices.• 10 marks for right answer and 5 for pass
right answer• No negative marks for wrong answers• Time to answer each question: 40 Seconds• If you prompt at other team’s question and
they overhear, its YOUR mistake. The team will get marks for right answer.
Shikha Sota
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1) If a manager develops a new idea and gives a plan for development of new product in his workplace, then he is carrying out which of the following roles?
a) Liaisonb) Entrepreneurc) Disseminatord) Disturbance handler
Shikha Sota
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1) If a manager develops a new idea and gives a plan for development of new product in his workplace, then he is carrying out which of the following roles?
a) Liaisonb)Entrepreneurc) Disseminatord) Disturbance handler
Shikha Sota
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2) Which of the following steps in the planning process should be completed before the others can be addressed?a) Putting plans into actionsb) Stating organizational objectivesc) Listing alternative ways of
reaching objectivesd) Developing premises on which to
base each alternative
Shikha Sota
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3) Which of the following steps in the planning process should be completed before the others can be addressed?a) Putting plans into actionsb)Stating organizational
objectivesc) Listing alternative ways of reaching
objectivesd) Developing premises on which to
base each alternativeShikha Sota
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3) Which of the following is a factor that affects delegation of authority from delegant’s aspect?a) Love for authorityb) Lack of will powerc) Fear of criticismd) Love for his work
Shikha Sota
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3) Which of the following is a factor that affects delegation of authority from delegant’s aspect?a) Love for authorityb) Lack of will powerc)Fear of criticismd) Love for his work
Shikha Sota
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4) Standing plans that furnish broad guidelines for channelling management thinking in specified direction are called a) Single use plansb) Programsc) Proceduresd) Policies
Shikha Sota
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4) Standing plans that furnish broad guidelines for channelling management thinking in specified direction are called a) Single use plansb) Programsc) Proceduresd)Policies
Shikha Sota
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5) Various moderating values determines whether a manager will act in an ethical or unethical manner. Which of the following individual characteristics indicates the degree to which people believe that they are masters of their own fate.a) Perceptionb) Valuec) Locus of controld) Attitude
Shikha Sota
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5) Various moderating values determines whether a manager will act in an ethical or unethical manner. Which of the following individual characteristics indicates the degree to which people believe that they are masters of their own fate.a) Perceptionb) Valuec) Locus of controld) Attitude
Shikha Sota
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6) Power based upon identification with a person who has desirable resources or personal traits is known as a) Coercive powerb) Legitimate powerc) Expert powerd) Referent power
Shikha Sota
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6) Power based upon identification with a person who has desirable resources or personal traits is known as a) Coercive powerb) Legitimate powerc) Expert powerd)Referent power
Shikha Sota
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7) Which of the following technique helps managers to figure out how much to produce and points out the relationship between revenues, costs and profits?a) Marginal analysisb) Ratio analysisc) Financial analysisd) Breakeven analysis
Shikha Sota
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7) Which of the following technique helps managers to figure out how much to produce and points out the relationship between revenues, costs and profits?a) Marginal analysisb) Ratio analysisc) Financial analysisd)Breakeven analysis
Shikha Sota
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8) With aspect to factors that affect reorganization, when a single change triggers off a sequence of related changes, it is called the
a) Halo effectb) Hawthorne effectc) Domino effectd) Sensitivity effect
Shikha Sota
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8) With aspect to factors that affect reorganization, when a single change triggers off a sequence of related changes, it is called the
a) Halo effectb) Hawthorne effectc)Domino effectd) Sensitivity effect
Shikha Sota
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Question for AudienceWhich of the following brand does not belong to Johnson & Johnson?
a) Savlonb) Pampersc) Clean & Cleard) Carefree
Shikha Sota
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Question for AudienceWhich of the following brand does not belong to Johnson & Johnson?
a) Savlonb)Pampersc) Clean & Cleard) Carefree
Shikha Sota
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Round two• It consists of Marketing management
questions. • Each question has four choices.• 10 marks for right answer and 5 for
pass right answer• No negative marks for wrong answers• Time to answer each question: 40
SecondsShikha Sota
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1) Which of the following is NOT an element of the marketing mix?
a) Distributionb) Productc) Target marketd) Pricing
Shikha Sota
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1) Which of the following is NOT an element of the marketing mix?
a) Distributionb) Productc)Target marketd) Pricing
Shikha Sota
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2) AIDA stands for awareness, ________, desire, _________
a) Interest and actionb) Intensity and appealc) Involvement and actiond) Involvement and appeal
Shikha Sota
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2) AIDA stands for awareness, ________, desire, _________
a)Interest and actionb) Intensity and appealc) Involvement and actiond) Involvement and appeal
Shikha Sota
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3) This involves the setting of different prices for different groups of people
• Price flexibility• Price grouping• Price segmentation• Price discrimination
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3) This involves the setting of different prices for different groups of people
• Price flexibility• Price grouping• Price segmentation• Price discrimination
Shikha Sota
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4)This is the price band customers judge the purchase price of goods and services against in their own minds
a) Reference priceb) Listed pricec) Sale priced) Mark-up price
Shikha Sota
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4)This is the price band customers judge the purchase price of goods and services against in their own minds
a) Reference priceb) Listed pricec) Sale priced) Mark-up price
Shikha Sota
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5)Which of the following elements is NOT part of Porter’s 5-forces model for industry competitiveness?
a) Threat of substitutesb) Threat of suppliersc) Power of buyersd) Threat from government players
Shikha Sota
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5)Which of the following elements is NOT part of Porter’s 5-forces model for industry competitiveness?
a) Threat of substitutesb) Threat of suppliersc) Power of buyersd)Threat from government
players
Shikha Sota
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6)These goods bought infrequently, which are used repeatedly and which involve a reasonably high level of consumer risk
a) Impulse goodsb) Unsought goodsc) Non-durable goodsd) Durable goods
Shikha Sota
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6)These goods bought infrequently, which are used repeatedly and which involve a reasonably high level of consumer risk
a) Impulse goodsb) Unsought goodsc) Non-durable goodsd)Durable goods
Shikha Sota
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7) Which of the following is the use of inter-personal communications with the aim of encouraging people to purchase particular products and services, for personal gain and reward?
a) Direct Marketingb) Personal Sellingc) Sale Promotionsd) Advertising
Shikha Sota
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7) Which of the following is the use of inter-personal communications with the aim of encouraging people to purchase particular products and services, for personal gain and reward?
a) Direct Marketingb) Personal Sellingc)Sale Promotionsd) Advertising
Shikha Sota
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8) An example of a segmented market would bea) Phillips marketing its product to all residents of
the European Union with one marketing mix based on the concept "Sense and Sensibility."
b) High-income and low-income consumers being treated the same at Marks and Spencers (M&S)
c) A garden nursery seeing residents of urban areas and rural areas as one market needing trees
d) Honda separating its potential customers into economy car buyers and luxury car buyers
Shikha Sota
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8) An example of a segmented market would bea) Phillips marketing its product to all residents of
the European Union with one marketing mix based on the concept "Sense and Sensibility."
b) High-income and low-income consumers being treated the same at Marks and Spencers (M&S)
c) A garden nursery seeing residents of urban areas and rural areas as one market needing trees
d) Honda separating its potential customers into economy car buyers and luxury car buyers
Shikha Sota
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Question for AudienceWhich of the brand does not belong to Glaxo SmithKline?
a) Iodexb) Boostc) Horlicksd) Moov
Shikha Sota
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Question for AudienceWhich of the brand does not belong to Glaxo SmithKline?
a) Iodexb) Boostc) Horlicksd)Moov
Shikha Sota
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Round Three• There will be 04 questions.• There will be no choices.• 10 marks for right answer and
question will not be passed.• No negative marks for wrong
answers
Shikha Sota
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Supply creates its own demand” is a law propounded
by
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J. B. Say
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Who was the first economist to advocate “Divison of labour”?
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Adam Smith
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Which economist introduced the concept
of GNP?
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Simon Kuznets
Shikha Sota
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Who is the first management theorist to receive Nobel Prize for
Economics?
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Herbert Simon
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Round Four
• There will be 8 questions• Identify the model/picture • 10 marks for right answer and 5
for pass right answer• No negative marking for wrong
answers• Time to answer each question: 30
SecondsShikha Sota
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Shikha Sota
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Porter’s Five Forces Model
Shikha Sota
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Shikha Sota
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Maslow Need Hierarchy
Shikha Sota
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Shikha Sota
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Consumer buying behaviour model
Shikha Sota
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Shikha Sota
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BCG Matrix
Shikha Sota
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Shikha Sota
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Value Chain Analysis
Shikha Sota
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Shikha Sota
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New Product Development Process
Shikha Sota
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TimeProduct
Develop-ment
Introduction
Profits
Sales
Growth Maturity Decline
Losses/Investments ($)
Sales andProfits ($)
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Product Life Cycle
TimeProduct
Develop-ment
Introduction
Profits
Sales
Growth Maturity Decline
Losses/Investments ($)
Sales andProfits ($)
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STRUGGLERS
FULFILLEDS
BELIEVERS
ACHIEVERS EXPERIENCERS
STRIVERS MAKERS
Low Resources
High Resources
Action OrientedStatus OrientedPrinciple Oriented
ACTUALIZERS
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VALS Framework
STRUGGLERS
FULFILLEDS
BELIEVERS
ACHIEVERS EXPERIENCERS
STRIVERS MAKERS
Low Resources
High Resources
Action OrientedStatus OrientedPrinciple Oriented
ACTUALIZERS
Shikha Sota
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Question for Audience
Fill in the blankin the Product levels Model
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Shikha Sota
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Round Five• There will be 04 questions• Each question has four sub sets to be
matched.• The question will not be passed to the next
team.• Right answer will fetch 20 marks.• Wrong answer will lead to deduction of 10
marks.• No attempt will not lead to any deductions.
Shikha Sota
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Match the following
a) Matiz 1)Fordb) Ikon 2) Maruti Suzukic) Baleno 3) M & Md) Armada 4) Daewoo
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Answera) Matiz 4)Daewoob) Ikon 1) Fordc) Baleno 2) Maruti Suzukid) Armada 3) M & M
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Match the followinga) HUL 1) Kesh Kalab) Godrej 2) Pepsodentc) P & G 3) Harpicd) Reckitt & Benckiser 4) Head &
Shoulders
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Answera) HUL 2) Pepsodentb) Godrej 1) Kesh Kalac) P & G 4) Head &
Shouldersd) Reckitt & Benckiser 3) Harpic
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Match the followinga) Disprin 1) HULb) Liril 2) Reckitt & Colmanc) Dermi Cool 3) Paras
Pharmaceuticald) Keo Karpin 4) Procter &
Gamble
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Answera) Disprin 2) Reckitt & Colman
b) Liril 1) HULc) Dermi Cool 3) Paras
Pharmaceutical
d) Keo Karpin 4) Procter & Gamble
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Match the following
a) Ashok Leyland 1) Cocept busb) Tata 2) Exubac) M & M 3) Quadrod) Maruti Udyog 4) Omni
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Answera) Ashok Leyland 2) Exubab) Tata 1) Cocept busc) M & M 3) Quadrod) Maruti Udyog 4) Omni
Shikha Sota