Business Concepts Quiz
Authored by Victor Balza
English
Professional Development
Used 1+ times
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16 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the role of a stakeholder in a company?
Someone who owns a competing business
Someone who is affected by or has an interest in a company's success
A person who only works in customer service
An employee who makes financial decisions
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A company should always conduct a risk assessment before…
Launching a new product or making a big decision
Hiring a new CEO
Buying office supplies
Setting up a company email
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If a business rolls out a new product, it means…
It cancels the product
It stops selling the product
It officially launches or introduces the product
It removes the product from the market
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does "turn around" mean in a business context?
To recover from a bad situation and become successful again
To fire employees
To shut down the business permanently
To expand a business to another country
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
"Think outside the box" means…
To come up with creative and innovative ideas
To follow traditional methods
To work in a small office
To ignore new solutions
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT an example of a workflow?
Assigning tasks to team members
Sending updates to stakeholders
Going on vacation for two weeks
Reviewing and approving project documents
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does it mean to "follow up" on a task?
To check its progress or ask for updates
To ignore it until the deadline
To delegate it to someone else
To cancel it
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