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Unit 6: Role of Standards in Business Quiz

Authored by Benjamin Bimenya

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Used 4+ times

Unit 6: Role of Standards in Business Quiz
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40 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary purpose of standards in business?

To increase production costs
To ensure consistent quality and safety
To limit market access
To create confusion among consumers

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a benefit of standards to consumers?

Improved product reliability
Increased product prices
Better operational compatibility
Improved access to goods

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How do standards contribute to economic growth?

By increasing production costs
By ensuring quality and safety
By limiting competition
By reducing consumer choices

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of standard defines the essential principles that must be maintained in a product?

Product standard
Basic standard
Service standard
Performance standard

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which institution in Rwanda is responsible for defining and processing national standards?

Rwanda Environmental Management Authority
Rwanda Development Board
Rwanda Standards Board
Ministry of Health

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the role of ethical standards in business?

To promote competition
To ensure product compatibility
To uphold moral principles and values
To define technical specifications

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of a process standard?

A guideline for customer service
A method for testing product durability
A requirement for manufacturing a product
A definition of product terminology

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