Summative Test- Entreprenuership b) Improving the quality and efficiency

of production
c) Developing innovative marketing
Name:__________________________ strategies
d) Establishing effective
Date :___________ communication channels
7. Ensuring the 'Material' component is of
1. Which of the following 'M' represents
high quality impacts the business by:
the human element in the operations of a
a) Increasing production speed
business?
b) Reducing defects and improving
a) Machine
product quality
b) Material
c) Enhancing employee satisfaction
c) Man
d) Simplifying management tasks
d) Method
8. Streamlining the 'Method' in
2. In the context of business operations,
operations can lead to:
which 'M' refers to the equipment and
a) Higher raw material costs
tools used?
b) Increased machinery downtime
a) Machine
c) More efficient and consistent
b) Man
production processes
c) Material
d) Higher turnover rates among
d) Method
employees
3. Which 'M' in operations involves the
9. A business model that effectively
raw materials or components used in
integrates the 4 M’s is likely to:
production?
a) Focus solely on marketing efforts
a) Machine
b) Neglect one or more operational
b) Man
components
c) Material
c) Achieve balanced growth and
d) Method
operational efficiency
4. When discussing the 'Method' in
d) Prioritize short-term gains over long-
operations, what is being referred to?
term sustainability
a) The tools and equipment used
10. When developing a business model,
b) The human workforce
considering the '4 M’s' helps to:
c) The raw materials
a) Identify target markets
d) The processes and procedures
b) Develop financial projections
5. Identifying and optimizing the 'Man'
c) Ensure a comprehensive approach to
component in operations primarily
operations management
involves:
d) Create a brand identity
a) Investing in high-quality raw
11. Who co-founded Apple Inc. along with
materials
Steve Jobs and Steve Wozniak?
b) Implementing efficient procedures
a) Tim Cook
c) Training and managing the workforce
b) Ronald Wayne
d) Upgrading machinery
c) Jonathan Ive
6. The 'Machine' component of
d) Bill Gates
operations is crucial for:
12. What year was Apple Inc. founded?
a) Enhancing the skills of the workforce
 a) 1972 b) OneDrive
b) 1976 c) iCloud
c) 1980 d) Dropbox
d) 1984
20. What was the machine use in
13. What was the first product released producing apple products
by Apple? a) computer kit
a) iPhone b) laser machine
b) Apple II c) CNC machine
c) Macintosh d) Manufacturer machine
d) Apple I 21. In which country was Samsung
14. Which product is considered Apple's founded?
flagship smartphone? a) Japan
a) iPad b) China
b) iPod c) South Korea
c) iPhone d) Taiwan
d) MacBook 22. What year was Samsung founded?
15. In which year did Apple introduce the a) 1938
iPhone? b) 1948
a) 2005 c) 1958
b) 2007 d) 1968
c) 2009 23. What was Samsung's original
d) 2011 business?
16. Who succeeded Steve Jobs as the a) Electronics
CEO of Apple? b) Trading and food processing
a) Jonathan Ive c) Automobiles
b) Tim Cook d) Textiles
c) Phil Schiller 24. Which of the following is Samsung’s
d) Eddy Cue flagship smartphone series?
17. What is the name of Apple’s digital a) Galaxy S
voice assistant? b) Xperia
a) Alexa c) Pixel
b) Cortana d) Lumia
c) Google Assistant 25. What is the name of Samsung’s voice
d) Siri assistant?
18. Which operating system does the a) Siri
Mac computer use? b) Alexa
a) Windows c) Google Assistant
b) Android d) Bixby
c) macOS 26. In which year did Samsung release its
d) Linux first Android smartphone?
19. Which of the following is a cloud a) 2007
storage service provided by Apple? b) 2008
a) Google Drive c) 2009
 d) 2010 a) Infiniti
27. Which company is Samsung’s main b) Acura
competitor in the smartphone market? c) Lexus
a) Nokia d) Genesis
b) Apple 35. What is the primary focus of the
c) Motorola Toyota Production System (TPS)?
d) LG a) Mass production
b) Cost reduction
28. What is the name of Samsung’s c) Quality control and efficiency
series of high-end smart TVs? d) Employee satisfaction
a) Bravia 36. What concept is central to Toyota’s
b) OLED philosophy of continuous improvement?
c) QLED a) Jidoka
d) Plasma b) Kaizen
29. Which of these products is NOT c) Kanban
manufactured by Samsung? d) Genchi Genbutsu
a) Refrigerators 37. Which hybrid vehicle introduced by
b) Automobiles Toyota became highly popular
c) Washing machines worldwide?
d) Semiconductors a) Camry
30. Samsung is known for its dominance b) Corolla
in which type of display technology? c) Prius
a) LCD d) Avalon
b) LED 38. What does the term "Just-in-Time"
c) OLED (JIT) refer to in the context of Toyota's
d) QLED manufacturing?
31. In which country was Toyota a) Producing products in advance
founded? b) Manufacturing products as they are
a) South Korea needed
b) China c) Storing large quantities of inventory
c) Japan d) Hiring temporary workers
d) United States 39. What is the main goal of Toyota's
32. What year was Toyota founded? "Lean Manufacturing" approach?
a) 1927 a) Increasing product variety
b) 1937 b) Eliminating waste and improving
c) 1947 efficiency
d) 1957 c) Expanding globally
33. Who was the founder of Toyota? d) Increasing marketing efforts
a) Soichiro Honda 40. What safety feature did Toyota
b) Akio Toyoda pioneer with its introduction in the
c) Kiichiro Toyoda 1990s?
d) Eiji Toyoda a) Anti-lock Braking System (ABS)
34. What is the name of Toyota's luxury b) Airbags
vehicle division? c) Traction Control System (TCS)
d) Vehicle Stability Control (VSC)