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monster yr 12 quiz

Total questions: 71

Worksheet time: 45mins

Name
Class
Date
1.
a)
Italy
b)
Spain
c)
Germany
d)
The United States
2.
a)
Denmark
b)
Japan
c)
The UK
d)
China
3.
a)
China
b)
Canada
c)
Japan
d)
The U.S.
4.
a)
Spain
b)
Brazil
c)
The Philippines 
d)
Cuba
5.
a)
The U.S.
b)
Belgium
c)
Australia
d)
South Korea
6.
a)
Ireland
b)
The Netherlands
c)
The U.S.
d)
Spain
7.
a)
Sweden
b)
Canada
c)
The U.S.
d)
Germany
8.
a)
China
b)
France
c)
The U.K.
d)
Switzerland
9.
a)
Paraguay
b)
Vatican City
c)
Equatorial Guinea
d)
JOHN CENA! (The U.S)
10.

Select the 2 advantages of branding

a)

A business can save money on marketing once the product becomes a household name.

b)

It means businesses don't have to make new items.

c)

The business can change its name if it wants to.

d)

Higher prices can be charged when consumers become loyal to the brand.

11.

Tipp-Ex is...

a)

The product

b)

The brand

12.

Brands tend to charge customers

a)

more for their products

b)

less for their products

13.

2 disadvantages of branding are..

a)

The business gains a huge following of loyal customers.

b)

The business' products can be easily copied and sold for a much cheaper price.

c)

A poor brand can affect the whole range of products produced by the manufacturer.

d)

The company cannot release new collections.

14.

In what ways can a brand be easily recognisable?

a)

By its logo

b)

By the price

c)

By the taste

d)

By its packaging

15.

Customers that buy brands expect the product to be high

a)

in price

b)

quality

16.

A well known brand might be seen as a guarantee of high quality. With some brands there can be an element of “snob value” in using them.

a)

True

b)

False

17.

Branding is

a)

the use of a name, design, symbol, or a combination of those elements that a sports or entertainment organization uses to help differentiate its products from the competition

b)

is a device that legally identifies ownership of a registered brand or trade name

c)

The process of working toward maximizing recognition of a particular brand

d)

Consumer preference for a particular brand as compared to competitor products or services

18.
A mark or design placed on a product to identify it is...
a)
brand
b)
brand position
c)
brand loyalty
d)
benefit
19.

Slogans:

a)

is a device that legally identifies ownership of a registered brand or trade name

b)

a. Brand awareness

c)

represents a particular product of a company or organization

d)

are short, memorable catch phrases used in advertising campaigns designed to create product affiliations among consumers

20.
Shelly will only buy Starbucks coffee is an example of
a)
brand position
b)
brand loyalty
c)
brand identity
d)
visual symbol
21.
What is used to protect a good so it cannot be copied?
a)
service mark
b)
trademark
c)
brand mark
d)
logo
22.
Determine which of the following is a true statement:
a)
The more common the brand name, the better it is.
b)
A good brand name creates an appealing image.
c)
Long brand names are more graphically pleasing.
d)
Brand names belonging to other firms are available free.
23.

who are these guys a trade character for?

a)

Rice Krispies

b)

Fruit Loops

c)

Captain Crunch

d)

Coco Puffs

24.

Select the 2 advantages of branding

a)

A business can save money on marketing once the product becomes a household name.

b)

It means businesses don't have to make new items.

c)

The business can change its name if it wants to.

d)

Higher prices can be charged when consumers become loyal to the brand.

25.

What is a Tariff?

a)

A tax on imported and exported goods

b)

A price marked on goods

c)

Profit made from manufactured goods

26.

Which do you want more of?

a)

Imports

b)

Exports

c)

None

27.

Why do governments use tariffs?

a)

To protect domestic industries and jobs

b)

To raise revenue

c)

Both 1 & 2

d)

To increase exports

28.

WHY ARE TARIFFS USED?

a)

TO PROTECT DOMESTIC JOBS AND INDUSTRIES

b)

TO RAISE REVENUE FOR GOVERNMENT

c)

TO PROTECT STRATEGIC INDUSTRIES

d)

ALL OF THE ABOVE

29.
What is a quota?
a)
A government order to stop trade.
b)
A limit placed on imports.
c)
A tax placed on imports.
30.
Limit of the amount (quantity) of a good that can be imported is called a(n): 
a)
Subsidy
b)
Quota
c)
Exports
d)
Appreciation 
31.
Which would NOT be considered a physical trade barrier?
a)
A mountain
b)
A volcano erupting
c)
A overflown river
d)
A bicycle
32.
What is an import?
a)
Goods leaving your country
b)
Goods being brought into your country
c)
Goods that are important
33.
What is an export?
a)
Goods being shipped out of a country
b)
Goods being brought into a country
c)
Goods/services
d)
New Zealand
34.

Dominos Pizza + Magnolia Flour Company

a)

Vertical

b)

Horizontal

c)

Conglomerate

d)

Multinational

35.

Adidas + Nike

a)

Vertical

b)

Horizontal

c)

Comglomerate

d)

Multinational

36.
Globalisation is:
a)
the introduction of the internet to make us closer to others in the world. 
b)
the breakdown of traditional barriers between nations through technology and transport
c)
faster travel around the world
d)
the movement of people and ideas around the world.
37.
Generally, there has been an outsourcing of ............. to China?
a)
Services
b)
Manufacturing
38.

Which one of the following is a characteristic of globalisation

a)

Low levels of labour migration

b)

The development of global brands

c)

A decrease in foreign direct investment

d)

A reduction in out-sourcing and off-shoring of production

39.

How has China and India benefited from globalisation?

a)

Millions of people have been lifted out of poverty in India and China

b)

Inequalities among the countyside are growing

c)

Increased levels of carbon is being emitted in both countries

40.

Which factor might attract a transnational corporation to a country?

a)

Good tourist attractions

b)

Cheap raw materials

c)

High average monthly wage

41.
Huge container ships allow:
a)
Clothes to be bought from overseas.
b)
People to travel to any country they want.
c)
Goods to be transported all over the world. 
d)
People to go on cruises to many parts of the world. 
42.
What are some positive effects of Globalisation ?
a)
Increased freedom to travel and immigrate,better access to medicine,information, and technology.
b)
Lower prices for developed countries and low paying jobs in underdeveloped countries
c)
Less pollution in the world
d)
All of the above
43.
E-Commerce allows you to buy and sell goods on the Internet
a)
True
b)
False
44.
Globalisation is good because of an ________________ in standard of living , but is bad because there is a _____________ in local cultures and traditions
a)
increase / decrease
b)
decrease / increase
c)
increase / increase
d)
decrease / decrease
45.
Tariffs restrict trade through
a)
taxation
b)
quota systems
c)
international law
d)
domestic trading
46.
Mc Donald's  is an example of a multinational corporation.
a)
true
b)
false
47.

Importing goods is:

a)

The sale of goods to another country

b)

Beneficial to a country's economy

c)

The buying of goods from another country

d)

The movement of people around the globe

48.

Globalisation is...

a)

The increasing protectionism of culture and values

b)

countries around the world becoming more interconnected as they strengthen their relationship between communication, culture, politics, trade and the rise of TNCs

c)

the removal of trade barriers and restrictions on political influence

49.

Glocalisation is

a)

the diffusion of a commodity, good or service

b)

the uptake by a country

c)

globalisation is modified to global context

50.

The driving forces of globalisation cause different parts of the world to become more interconnected and interdependent.

a)

True

b)

False

51.
Define outsourcing.
a)
The process by which businesses or other organizations develop international influence or start operating on an international scale
b)
The action of making or manufacturing from components or raw materials, or the process of being so manufactured.
c)
A practice used by different companies to reduce costs by transferring portions of work to outside suppliers rather than completing it internally.
52.
Which of the following is not correct about "outsourcing?"
a)
It involves a company hiring another country to do certain work activities.
b)
It can reduce labor costs.
c)
It increases costs of producing goods/ services.
d)
Outsourcing countries are often in developing companies.
53.

What are the FOUR main reasons to outsource

a)

Save Time, Save Money, Obtain Specialist Knowledge, Use Less Physical Resources

b)

Save man hours, Spend More Money, Obtain Specialist Knowledge, Use Less Physical Resources

c)

Save Time, Save Money, Obtain Specialist Knowledge, use more Physical Resources

d)

Save Money, Save Time, Do the work yourself, use more Physical Resources

54.

A set of procedures structured to plan, attract and maintain the workforce is known as

a)

Human Resource Management

b)

Human Resource Planning

c)

Human Resource Recruitment

d)

Human Resource Maintenance

55.

It is located next to one of the largest shopping centers in Britain.

a)

Strength

b)

Weakness

c)

Opportunity

d)

Threat

56.

Due to an increase in disposable income (purchasing power) over the last six years, local residents have more money to spend on leisure activities.

a)

Strength

b)

Weakness

c)

Opportunity

d)

Threat

57.

There has been an important decrease in the birth rate over the last ten years.

a)

Strength

b)

Weakness

c)

Opportunity

d)

Threat

58.
A change in customer's likes and interests may be seen as a
a)
opportunity
b)
strength 
59.
Which of the following best describes quality?
a)
The service provided to a customer before, during and after purchasing.
b)
Products being made to a high standard to meet customer needs.
c)
A high level of productivity.
60.
Who needs to be satisfied with the quality of products?
a)
Rivals
b)
Suppliers
c)
Customers
61.
What happens when a business produces faulty goods?
a)
It increases costs
b)
It increases costs and damages the reputation of the firm
c)
It is an example of Total Quality Management
62.

When products are checked throughout the production process this is called

a)

Quality Circles

b)

Quality Assurance

c)

Quality Control

63.
What is the best methods of improving quality
a)
Expansion
b)
Lowering costs
c)
Staff and Management Training
64.
Who modified PDCA Cycle to become PDSA Cycle?
a)
W Edwards Deming
b)
Joseph Juran
c)
Philip Crosby
d)
Kaoru Ishikawa
65.
.What is the country where its success is the best case study for TQM?
a)
Philippines
b)
USA
c)
Japan
d)
Singapore
66.

Which one of these traits are not leadership traits?

a)

Having a vision

b)

Being passionate

c)

Collaborating with people

d)

Telling people what to do

e)

Being respectful

67.

Showing good character means:

a)

Being interesting and energetic

b)

Inspiring others

c)

Making sure everyone knows that you're the boss

d)

Getting people's attention in a positive way

68.

What does it mean to be a decisive leader?

a)

Changing your mind about what needs to be done

b)

Saying "maybe" a lot

c)

Making good decisions at the correct time

d)

Weighing the negatives and positives and being prepared for both outcomes

69.

Leaders should have the personal qualities of being

a)

loyal, honest

b)

fair, unfair

c)

fair, humourous

d)

confidence, efficient

e)

patience and knowledge of the job they are working in

70.

Leaders have disagreements but are able to respectfully solve them.

a)

True

b)

False

71.

Characteristics of a Leader (Click all that apply)

a)

Laziness

b)

Honesty

c)

Hardworking

d)

Mean

e)

Open-minded

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