Business management quiz
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Detailed quiz on various subjects of business management
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Business management quiz
- 1. The Business Quiz Wednesday Activity Shikha Sota
- 2. 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
- 3. 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) Liaison b) Entrepreneur c) Disseminator d) Disturbance handler Shikha Sota
- 4. 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) Liaison b)Entrepreneur c) Disseminator d) Disturbance handler Shikha Sota
- 5. 2) Which of the following steps in the planning process should be completed before the others can be addressed? a) Putting plans into actions b) Stating organizational objectives c) Listing alternative ways of reaching objectives d) Developing premises on which to base each alternative Shikha Sota
- 6. 3) Which of the following steps in the planning process should be completed before the others can be addressed? a) Putting plans into actions b) Stating organizational objectives c) Listing alternative ways of reaching objectives d) Developing premises on which to base each alternative Shikha Sota
- 7. 3) Which of the following is a factor that affects delegation of authority from delegant’s aspect? a) Love for authority b) Lack of will power c) Fear of criticism d) Love for his work Shikha Sota
- 8. 3) Which of the following is a factor that affects delegation of authority from delegant’s aspect? a) Love for authority b) Lack of will power c) Fear of criticism d) Love for his work Shikha Sota
- 9. 4) Standing plans that furnish broad guidelines for channelling management thinking in specified direction are called a) Single use plans b) Programs c) Procedures d) Policies Shikha Sota
- 10. 4) Standing plans that furnish broad guidelines for channelling management thinking in specified direction are called a) Single use plans b) Programs c) Procedures d) Policies Shikha Sota
- 11. 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) Perception b) Value c) Locus of control d) Attitude Shikha Sota
- 12. 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) Perception b) Value c) Locus of control d) Attitude Shikha Sota
- 13. 6) Power based upon identification with a person who has desirable resources or personal traits is known as a) Coercive power b) Legitimate power c) Expert power d) Referent power Shikha Sota
- 14. 6) Power based upon identification with a person who has desirable resources or personal traits is known as a) Coercive power b) Legitimate power c) Expert power d) Referent power Shikha Sota
- 15. 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 analysis b) Ratio analysis c) Financial analysis d) Breakeven analysis Shikha Sota
- 16. 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 analysis b) Ratio analysis c) Financial analysis d) Breakeven analysis Shikha Sota
- 17. 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 effect b) Hawthorne effect c) Domino effect d) Sensitivity effect Shikha Sota
- 18. 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 effect b) Hawthorne effect c) Domino effect d) Sensitivity effect Shikha Sota
- 19. Question for Audience Which of the following brand does not belong to Johnson & Johnson? a) Savlon b) Pampers c) Clean & Clear d) Carefree Shikha Sota
- 20. Question for Audience Which of the following brand does not belong to Johnson & Johnson? a) Savlon b) Pampers c) Clean & Clear d) Carefree Shikha Sota
- 21. 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 Seconds Shikha Sota
- 22. 1) Which of the following is NOT an element of the marketing mix? a) Distribution b) Product c) Target market d) Pricing Shikha Sota
- 23. 1) Which of the following is NOT an element of the marketing mix? a) Distribution b) Product c) Target market d) Pricing Shikha Sota
- 24. 2) AIDA stands for awareness, ________, desire, _________ a) Interest and action b) Intensity and appeal c) Involvement and action d) Involvement and appeal Shikha Sota
- 25. 2) AIDA stands for awareness, ________, desire, _________ a) Interest and action b) Intensity and appeal c) Involvement and action d) Involvement and appeal Shikha Sota
- 26. 3) This involves the setting of different prices for different groups of people • Price flexibility • Price grouping • Price segmentation • Price discrimination
- 27. 3) This involves the setting of different prices for different groups of people • Price flexibility • Price grouping • Price segmentation • Price discrimination Shikha Sota
- 28. 4)This is the price band customers judge the purchase price of goods and services against in their own minds a) Reference price b) Listed price c) Sale price d) Mark-up price Shikha Sota
- 29. 4)This is the price band customers judge the purchase price of goods and services against in their own minds a) Reference price b) Listed price c) Sale price d) Mark-up price Shikha Sota
- 30. 5)Which of the following elements is NOT part of Porter’s 5-forces model for industry competitiveness? a) Threat of substitutes b) Threat of suppliers c) Power of buyers d) Threat from government players Shikha Sota
- 31. 5)Which of the following elements is NOT part of Porter’s 5-forces model for industry competitiveness? a) Threat of substitutes b) Threat of suppliers c) Power of buyers d) Threat from government players Shikha Sota
- 32. 6)These goods bought infrequently, which are used repeatedly and which involve a reasonably high level of consumer risk a) Impulse goods b) Unsought goods c) Non-durable goods d) Durable goods Shikha Sota
- 33. 6)These goods bought infrequently, which are used repeatedly and which involve a reasonably high level of consumer risk a) Impulse goods b) Unsought goods c) Non-durable goods d) Durable goods Shikha Sota
- 34. 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 Marketing b) Personal Selling c) Sale Promotions d) Advertising Shikha Sota
- 35. 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 Marketing b) Personal Selling c) Sale Promotions d) Advertising Shikha Sota
- 36. 8) An example of a segmented market would be a) 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
- 37. 8) An example of a segmented market would be a) 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
- 38. Question for Audience Which of the brand does not belong to Glaxo SmithKline? a) Iodex b) Boost c) Horlicks d) Moov Shikha Sota
- 39. Question for Audience Which of the brand does not belong to Glaxo SmithKline? a) Iodex b) Boost c) Horlicks d) Moov Shikha Sota
- 40. 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
- 41. Supply creates its own demand” is a law propounded by Shikha Sota
- 42. J. B. Say Shikha Sota
- 43. Who was the first economist to advocate “Divison of labour”? Shikha Sota
- 45. Which economist introduced the concept of GNP?
- 47. Who is the first management theorist to receive Nobel Prize for Economics? Shikha Sota
- 49. 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 Seconds Shikha Sota
- 50. Shikha Sota
- 51. Porter’s Five Forces Model Shikha Sota
- 52. Shikha Sota
- 53. Maslow Need Hierarchy Shikha Sota
- 54. Shikha Sota
- 55. Consumer buying behaviour model Shikha Sota
- 56. Shikha Sota
- 58. Shikha Sota
- 59. Value Chain Analysis Shikha Sota
- 60. Shikha Sota
- 61. New Product Development Process Shikha Sota
- 62. Time Product Develop- ment Introduction Profits Sales Growth Maturity Decline Losses/ Investments ($) Sales and Profits ($) Shikha Sota
- 63. Product Life Cycle Time Product Develop- ment Introduction Profits Sales Growth Maturity Decline Losses/ Investments ($) Sales and Profits ($) Shikha Sota
- 64. STRUGGLERS FULFILLEDS BELIEVERS ACHIEVERS EXPERIENCERS STRIVERS MAKERS Low Resources High Resources Action OrientedStatus OrientedPrinciple Oriented ACTUALIZERS Shikha Sota
- 65. VALS Framework STRUGGLERS FULFILLEDS BELIEVERS ACHIEVERS EXPERIENCERS STRIVERS MAKERS Low Resources High Resources Action OrientedStatus OrientedPrinciple Oriented ACTUALIZERS Shikha Sota
- 66. Question for Audience Fill in the blank in the Product levels Model Shikha Sota
- 67. Shikha Sota
- 68. 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
- 69. Match the following a) Matiz 1)Ford b) Ikon 2) Maruti Suzuki c) Baleno 3) M & M d) Armada 4) Daewoo Shikha Sota
- 70. Answer a) Matiz 4)Daewoo b) Ikon 1) Ford c) Baleno 2) Maruti Suzuki d) Armada 3) M & M Shikha Sota
- 71. Match the following a) HUL 1) Kesh Kala b) Godrej 2) Pepsodent c) P & G 3) Harpic d) Reckitt & Benckiser 4) Head & Shoulders
- 72. Answer a) HUL 2) Pepsodent b) Godrej 1) Kesh Kala c) P & G 4) Head & Shoulders d) Reckitt & Benckiser 3) Harpic
- 73. Match the following a) Disprin 1) HUL b) Liril 2) Reckitt & Colman c) Dermi Cool 3) Paras Pharmaceutical d) Keo Karpin 4) Procter & Gamble Shikha Sota
- 74. Answer a) Disprin 2) Reckitt & Colman b) Liril 1) HUL c) Dermi Cool 3) Paras Pharmaceutical d) Keo Karpin 4) Procter & Gamble Shikha Sota
- 75. Match the following a) Ashok Leyland 1) Cocept bus b) Tata 2) Exuba c) M & M 3) Quadro d) Maruti Udyog 4) Omni Shikha Sota
- 76. Answer a) Ashok Leyland 2) Exuba b) Tata 1) Cocept bus c) M & M 3) Quadro d) Maruti Udyog 4) Omni Shikha Sota