Company Crisis thursday

Company Crisis thursday

University

8 Qs

quiz-placeholder

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Company Crisis thursday

Company Crisis thursday

Assessment

Quiz

Financial Education

University

Medium

Created by

Lukas Valenta

Used 1+ times

FREE Resource

8 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

During HR due diligence in a company crisis, what practices can help identify workforce vulnerabilities?

Conducting surveys to understand employee sentiment and readiness.

Assuming all employees will adapt equally to the crisis.

Ignoring past employee turnover rates and reasons.

Relying solely on senior management perspectives.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What key HR metrics should be evaluated during due diligence to assess organizational readiness for the proposed change?

Only the financial history of employee benefits.

Retention rates and employee engagement levels.

Timeliness of salary payments.

No metrics need to be analyzed; leadership recommendations are enough.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Organization direction and shared purpose, early employee involvement and adapt leadership mindset are necessary for successful cultural transition in change management?

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following best describes the difference between cardinal and ordinal utility?

Both cardinal and ordinal utility measure preferences using exact numerical values.

Ordinal utility assigns numerical values to preferences, while cardinal utility ranks preferences without assigning specific values.

Cardinal utility assigns numerical values to preferences, while ordinal utility ranks preferences without assigning specific values.

Cardinal utility focuses on individual satisfaction, while ordinal utility focuses on market demand.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the central idea behind Nassim Nicholas Taleb’s concept of “antifragility”?

A system or entity remains unaffected by shocks and stressors.

A system or entity gains from shocks, stressors, or volatility and becomes stronger.

A system or entity collapses under stress and volatility.

A system or entity avoids shocks and stressors to maintain stability.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main difference between Chapter 7 and Chapter 11 bankruptcy in the United States?

Chapter 7 allows businesses to reorganize their debts, while Chapter 11 forces immediate liquidation of assets to pay creditors.

Chapter 7 is exclusively for individuals, while Chapter 11 is exclusively for businesses.

Chapter 7 and Chapter 11 both allow businesses to eliminate debts without losing any assets.

Chapter 7 involves liquidating a debtor’s assets to pay creditors, while Chapter 11 focuses on restructuring debts to allow the debtor to continue operating.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Financial investors primarily focus on achieving a return on their investment.

True

False

8.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Liquidation Value of an asset is usually below market prices.

True

False

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