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WorksheetsBusiness Acumen
Total questions: 25
Worksheet time: 13mins
What is a definition of a short term interaction?
An immediate exchange
Building a relationship
Growth
Interest
What is essential to growth?
Short term interactions
Events
Long term interactions
Financial interest
What happens when you do not see the big picture?
Opportunities are focused
Opportunities are overlooked
Nothing
Growth is enhanced
What will market research provide?
Investment opportunities
Long term interactions
Short term interactions
Information on customer needs
What do experts in mindful decision making recommend?
Meditation
Exercise
Opportunity
Attending events
Which of the following should not induce stress?
Operational decision
Neutral decision
Important decision
Strategic decision
What do most people focus their energy on at work?
Big picture
Interests
Specific roles
Company roles
What is necessary for being comprehensive?
Make adjustments
Job descriptions
Training programs
Monitor every aspect
What type of goals need to be established?
Reasonable
SMART
New
Established
Which areas of business need to be monitored?
Successful
Unsuccessful
Successful and unsuccessful
None
Why needs to change with goals?
Nothing
Intuition
KPIs
Interest
How should implementation of KPIs be determined?
By department
As a whole
Singularly
It does not matter
What do KPIs determine about initiatives?
They come to work even if they are sick
They take a lot of vacation time
They are liked by everyone
Their success
What determines the type of risk assessment besides the business need?
Risk
Objective
Opportunity
Strength
What do risk assessments identify besides risks?
Objectives
Interest
Opportunity
Nothing
Which of the following requires individual initiative?
Imitation
Exploration
Exercise
Creation
What must you examine to determine how your company is making money?
Products
Products and services
Services
Cash flow
What is the most important asset a company has besides customers?
Cash
Buildings
Employees
Machinery
What is another name for an income statement?
Balance sheet
Profit and loss statement
Cash flow statement
There is no other name
What does a balance sheet determine?
Profits
Cash flow
Financial health
Loss
What does investing in employees accomplish?
Nothing
They Feel Valued
They Feel Undervalued
They leave quickly
Who is responsible for individual assets?
Departments
CEO
Manager
Everyone
How often should you question information?
Once
Continually
Daily
Weekly
What is your greatest asset?
Cash
People
Property
Stock
Which is not a way to eliminate sectoral ego?
Listen More
Find out their real strength
Find something to praise
Remind them who’s the boss
Encourage those who feel happy
