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Quiz 1

A creative and engaging illustration representing international project management concepts, featuring diverse teams, risk assessment charts, and benchmarking tools in a modern office environment.

International Project Management Quiz

Test your knowledge on key concepts in international project management, including risk management, diversity, and benchmarking. This quiz is designed for those looking to deepen their understanding of essential business terms and practices.

Key topics include:

Overheads and costs
Risk management
Proprietary information
Benchmarking techniques

15 Questions4 MinutesCreated by ManagingExpert47

Overheads are an accounting term which signifies:

Costs associated with running business (rent, heating expenses, etc.)

something that is located over your head

cost associated with production of goods

none of the above

To gauge means:

To estimate something

to judge something

To measure something

estimate and measure something

The nationalization of the Venezuelan oil industry is an example of

Profit repatriation

Asset expropriation

TQM

None of the above

Proprietary information:

Is easily obtained

Is usually confidential

Is public

All of the above

A project:

Is an organization of people dedicated to a specific purpose

Has a deadline

has a budget

All of the above

Performance gap is:

the difference between the current situation and the intended situation

The name of an American clothing brand s

a time difference between performance

None of the above

Diversity in an international project implies differences in:

age, ethnicity and gender

Educational standards and skills

Cultural values, beliefs and behavior

All of the above

The concept of risk in managing international projects entails:

A) possibility of asset expropriation

B) possibility of profit repatriation

None of the above

A) and b)

The term 'benchmarking' originates from:

Banking profession

Automotive industry

Textile industry

Surveyor's profession

Benchmarking is:

A one-off event

A process

the name of a chart

None of the above

TQM stands for

Total Quality Management

Toyota Quantity Management

Total Quantity Monitoring

Total Quantity Management

The first known benchmarker is:

the second person to light a fire

Tom Hanks

Henry Ford

Eiji Toyoda

Francis Lowell from Massachusets:

Used innovative adaptation from the same industry

used innovative adaptation from a different industry

Was the Mayor of Lowell, Massachusets

None of the above

Reportedly, Henry Ford got the idea of an assembly line after...

The tour of a slaughter house

A trip to a textile mill in England

A visit to a US supermarket

The tour of a courtroom

The company which is credited with propelling benchmarking into a management improvement tool is:

Toyota

Ford

Xerox

Eliademy

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