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Pre-Test MTSG Foundation Program

Total questions: 20

Worksheet time: 4mins

Name
Class
Date
1.

1) What are the important element of 4Ps in the marketing process?

a)

Product, Place, Promotion, Prospect

b)

Product, Price, Place, Promotion

c)

Product, Price, Prospect, People

d)

Product, Place, Promotion, People

2.

What is the country that has the highest quantity of proven oil reserves in 2014?

a)

United States

b)

Saudi Arabia

c)

Venezuela

d)

Russia

3.

Name 3 regions in the world which do not have sufficient oil production to meet its own regional demand

a)

Europe, Africa and Asia Pacific

b)

North America, Europe and Asia Pacific

c)

North America, South America and Asia Pacific

d)

Europe, Asia Pacific and Africa

4.

What is the basic properties of Tapis crude?

a)

Light / Sour

b)

Heavy / Sour

c)

Light / Sweet

d)

Heavy / Sweet

5.

What are the names of Malaysian crude oil produced off shore of Peninsular Malaysia?

a)

Tapis, Sepat,Cendor,Abu, Penara and Angsi

b)

Labuan, Kidurong, Bintulu and Miri

c)

Tapis, Sepat, Kidurong, Cendor and Abu

d)

Kikeh and Kimanis

6.
a)

I only

b)

I and III only

c)

All of Above

d)

I, II and III

7.

What are the 3 basic refining process for crude oil?

a)

Distillation, Splitting and Treating

b)

Distillation, Conversion and Treating

c)

Storing, Distillation and Conversion

d)

Storing, Distillation and Treating

8.

What does the acronym RON in Gasoline stands for

a)

Right Octane Number

b)

Research Octane Number

c)

Revised Otto Numerals

d)

Re-Open Nomination

9.

What is the name of one equipment to test quality of gasoline?

a)

Radiography

b)

Distillation

c)

Accelerometer

d)

Stethoscope

10.

What is the name of PETRONAS premium lubricant brand for diesel engine?

a)

Rimula

b)

Urania

c)

Enduron

d)

Delo

11.

What is the acronym NGV stands for?

a)

Natural Gas for Vehicles

b)

Net Gross Value

c)

Natural Gas for Vessel

d)

Net Gross Score

12.

Which is the following fuel emit the least amount of pollutant?

a)

Diesel

b)

LPG

c)

NGV

d)

Gasoline

13.

What does Btu means?

a)

British Thermal Unit

b)

Bryan Texas Utilities

c)

Back To You

d)

Bintulu

14.

What is the correct LNG chain?

a)

Gas production -> Storage -> Liquefaction -> Shipping -> Regasification

b)

Liquefaction -> Gas Production -> Shipping -> Storage -> Regasification

c)

Gas production -> Liquefaction -> Storage -> Shipping -> Regasification

d)

Gas production -> Shipping -> Liquefaction -> Storage -> Regasification

15.

1) A person’s view of a brand can consist of

Perception Experience Expectation

I - Perception

II - Experience

III - Expectation

a)

I only

b)

I and II

c)

II and III

d)

I, II and III

16.

Which statement below describes monolithic brand architecture

a)

Where the corporate name is used and emphasized on all products and services offered by the company

b)

Where all sub-brands are linked to the corporate brand by means of either a verbal or visual endorsement

c)

Where the corporate brand operates merely as a holding company, and each product or service is individually branded for its target market

d)

None of the above

17.

Freight cost is estimated at USD 1.00/bbl, and processing cost is also estimated at USD 1.00/bbl. What is the price of the crude oil that we are able to afford, based on the diagram above?

a)

USD 51.46/bbl

b)

USD 52.46/bbl

c)

USD 53.46/bbl

d)

USD 49.46/bbl

18.

Why is pricing important?

a)

To ensure compliance to local regulations

b)

To ensure relevance to the market

c)

To ensure profitability

d)

All of the above

19.

What does MTM stand for?

a)

Means To Market

b)

Market Trading Measurement

c)

Mark To Market

d)

Made To Measure

20.

What does the X in the formula represent?

a)

Premium/Discount levels

b)

Indexation (e.g. Brent, WTI, Means of Platts)

c)

Gradient (i.e. percentage of floating quote applied to the price)

d)

A number to ensure that the price doesn’t fall below a certain level