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Submitted by amresh on December 17, 2007
Category: Business
Words: 26324 | Pages: 106
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Business Quiz -01
Instructions for the test
1. The duration of the test is 10 minutes.
2. There are 50 questions
3. Marks the answer for the questions on the answer sheet provided.
1. It was 1992, a dark time for Honda Motor Company. Its founder, Soichiro Honda, had recently died. Rumours were circulating that the company - maker of the best-engineered Japanese cars - was about to be absorbed by its dreaded rival. Bills were piling up from the financial follies of the 1980s. The company had no new models and the Japanese economy was heading downhill. Nobuhiko Kawamoto, Honda\\\'s new boss, did something astonishing, painful, symbolic and central to the strategy that has brought Honda back to life. What was this surprising and significant act?
2. When he joined Honda in 1963, he wangled his way into the research department, so he could work on racing motorbikes and engines for racing cars. As a young board member, he was threatened with the sack for spending his time tinkering in the workshops and skipping board meetings. One of Honda\\\'s most original racing car designs was sketched on his doodle pad during a tedious board meeting. Who?
3. Charles Plank and Edward Rosinski together hold 159 US patents and have been inducted into the US National Inventors Hall of Fame. One of their key discoveries was that a synthetic catalyst could make this product yield far more of the end product than ever before. Which product, which end product?
4. Identify the person who said this: \\\"I have had a partner - Charlie Munger - for a lot of years. You have to calibrate with Charlie, though, because Charlie says everything I do is dumb. If he says it\\\'s really dumb, I know it is, but if he just says it\\\'s dumb, I take that as an affirmative vote.\\\"
5. The year was 1950. She had brought a big bag filled with merchandise, and she...
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