Quiz4 - Points Awarded Points Missed Percentage 9 1 90% 1....

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Points Awarded  9 Points Missed  1 Percentage  90%
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1. Why is it desirable to have high levels of octane in gasoline? A. it is unlikely to prematurely  combust under pressure B. increases engine performance C. it reduces engine knock D. all of the other choices Points Earned: 1/1 Your Response: D 2. Why did Gulbenkian insist on the "self-denying" clause? A. none of the other choices B. it would ensure production  control C. the King of Iraq requested it D. a small slice of a big pie  provides a large return Points Earned: 0/1 Your Response: B 3. How do oil companies attempt to differentiate their products, in light of the fact that gasoline is a homogeneous  product? A. marketing (i.e. branding) B. developing unique additives C. none of the other choices
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D. selling higher grade gasoline than their competitors Points Earned: 1/1 Your Response: A 4. Which country was the first to form a "hybrid" petroleum company mixing free market ideals with state 
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This note was uploaded on 12/24/2008 for the course EGEE 120 taught by Professor Considine,timothy during the Fall '07 term at Penn State.

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Quiz4 - Points Awarded Points Missed Percentage 9 1 90% 1....

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