K250-ind-au - About IBISWorld The Company (Au-office)
Please complete the following self-assessment quiz - Test your own knowledge but if necessary please refer back to the training materials, manuals and/or other relevant resources to complete the questions
- 1.
Who is the founder of IBISWorld?
- A.
Jason Baker
- B.
Justin Ruthven
- C.
Phil Ruthven
- D.
Roger Sexton
Correct Answer
C. Phil Ruthven -
- 2.
Which new IBISWorld business was established in 2013?
- A.
Procurement
- B.
Industry
- C.
Business Economic Profiles
- D.
Risk Ratings
Correct Answer
A. Procurement -
- 3.
IBISWorld's mission statement is:To be the world's premier provider of high value-added industry and market information.Which of the following key strategic elements are reflected in IBISWorld's mission statement? Mark all that apply. (Hint: there are four correct answers)
- A.
Products for the global market, at the country level
- B.
Ultra-Niche - Dominating our niche focusing on a single product
- C.
Product is insightful and highly processed, not a by-product or commoditized.
- D.
Avoid outsourcing non-core activities
- E.
Find the world's best practice, emulate it and then beat it
Correct Answer(s)
A. Products for the global market, at the country level
B. Ultra-Niche - Dominating our niche focusing on a single product
C. Product is insightful and highly processed, not a by-product or commoditized.
E. Find the world's best practice, emulate it and then beat it -
- 4.
IBISWorld was founded in Melbourne in 1972. True or False?
- A.
True
- B.
False
Correct Answer
B. False -
- 5.
IBISWorld continues to own the content of a report even after a client has paid to access it. True or False?
- A.
True
- B.
False
Correct Answer
A. True -
- 6.
IBISWorld reports are non-standardized; each individual report is written and formatted according to the information available. True or False?
- A.
True
- B.
False
Correct Answer
B. False -
- 7.
Which of the following is not one of Phil's Ruthven's Golden Rules of Business?
- A.
Successful businesses plan from the inside out, not the outside in
- B.
Successful businesses aim to dominate some segment[s] of their product
- C.
Successful businesses plan from the outside in, not the inside out
- D.
Successful businesses don't own "hard" assets
Correct Answer
A. Successful businesses plan from the inside out, not the outside in -
- 8.
Which description below best describes how many titles are currently available in the Australian Industry collection?
- A.
1300+ NAICS titles
- B.
500+ ANZSIC titles and 260+ Specialized titles
- C.
425+ SIC titles - SIC
- D.
700+ NAICS titles and 600+ Specialized titles
Correct Answer
B. 500+ ANZSIC titles and 260+ Specialized titles -
- 9.
Which other IBISWorld product is used as the core source of information on cost and demand drivers for Industry and Procurement reports?
- A.
IExpert Reports
- B.
Business Environment Profiles
- C.
Risk Rating Reports
- D.
IExpert Risk Reports
Correct Answer
B. Business Environment Profiles -
- 10.
IBISWorld Procurement has around 500 report titles in the collection. True or False?
- A.
True
- B.
False
Correct Answer
B. False -
- 11.
Risk Rating Reports and iExpert Reports are written for the core collection only. True or False?
- A.
True
- B.
False
Correct Answer
A. True -
- 12.
In 2006, IBISWorld established a China partnership with which company?
- A.
ACMR
- B.
B2B International
- C.
Euromonitor International
- D.
CAPR
Correct Answer
A. ACMR -
- 13.
In which year did the IBISWorld open their first office in the USA?
- A.
2004
- B.
2006
- C.
2008
- D.
2010
Correct Answer
A. 2004 -
- 14.
Which of the following is not a core IBISWorld shared value?
- A.
Hard work
- B.
Humility
- C.
Sacrifice
- D.
Secrecy
- E.
Responsibility
Correct Answer
D. Secrecy -
- 15.
IBISWorld's business model is subscription based and is all about acquiring new customers and keeping them forever by renewing them annually?
- A.
True
- B.
False
Correct Answer
A. True -
- 16.
What is the correct pronunciation of the surname "Ruthven"?
- A.
Ruffven
- B.
Riven
- C.
Roofvan
Correct Answer
B. Riven -
Quiz Review Timeline +
Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.
-
Current Version
-
Mar 15, 2022Quiz Edited by
ProProfs Editorial Team -
Dec 01, 2015Quiz Created by
Damian Mills
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