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BUSINESS PRE-ASSESSEMENT QUESTIONS

Total questions: 31

Worksheet time: 31mins

Name
Class
Date
1.

Which strategy best supports long-term employee engagement in a growing company?

a)

Annual team-building retreats

b)

High starting salaries only

c)

Ongoing performance feedback and career development opportunities

d)

Quarterly layoffs for underperformers

2.

A company is experiencing high turnover in one department. Which HR metric should be analyzed first?

a)

Number of customer complaints

b)

Training hours per employee

c)

Exit interview data

d)

Market share

3.

How can HR most effectively contribute to strategic planning?

a)

By increasing recruitment ads

b)

By aligning talent development with business goals

c)

By cutting payroll costs

d)

By reducing onboarding duration

4.

Which of the following is a key function of strategic HR management?

a)

Identifying overpaid employees

b)

Matching current employee skills to future job requirements

c)

Hiring based on social referrals

d)

Downsizing unskilled departments

5.

When building a diverse workforce, what should HR prioritize?

a)

Hiring only from prestigious universities

b)

Using blind recruitment practices

c)

Promoting based on tenure only

d)

Avoiding data collection on demographics

6.

Strategic HR management directly influences a company’s ability to scale effectively.

a)

True

b)

False

7.

A strong employer brand is only important for attracting new talent, not retaining current staff.

a)

True

b)

False

8.

HR should remain reactive rather than proactive to avoid organizational conflict.

a)

True

b)

False

9.

What is a key risk of scaling too quickly in a startup?

a)

Overwhelming demand

b)

Too much investor interest

c)

Loss of operational control and cash flow problems

d)

Increased brand recognition

10.

What is the primary purpose of a Minimum Viable Product (MVP)?

a)

To create a perfect version of the product

b)

To delay market entry

c)

To validate the product idea with minimal resources

d)

To impress investors

11.

An entrepreneur practicing 'lean startup' principles would most likely:

a)

Build the full product before launch

b)

Seek large capital before testing

c)

Pivot quickly based on early customer feedback

d)

Avoid feedback to stay innovative

12.

Which of the following best defines a “pivot” in entrepreneurship?

a)

Increasing product price

b)

Changing the business model based on market feedback

c)

Hiring a new CEO

d)

Launching a marketing campaign

13.

Which funding option allows entrepreneurs to raise money without giving up equity?

a)

Angel investment

b)

Venture capital

c)

Crowdfunding via pre-orders

d)

Convertible notes

14.

A scalable business model focuses on increasing revenue faster than costs.

a)

True

b)

False

15.

A strong personal brand can significantly influence an entrepreneur’s ability to secure funding.

a)

True

b)

False

16.

Entrepreneurship is mostly about having a unique product, not execution.

a)

True

b)

False

17.

Which approach would most effectively improve workflow efficiency in a hybrid work environment?

a)

Require all meetings to be in-person

b)

Use a shared digital project management tool

c)

Limit communication to email only

d)

Restrict access to internal documents

18.

How can office ergonomics impact overall productivity?

a)

They increase absenteeism

b)

They reduce employee comfort

c)

They improve focus and reduce injury-related downtime

d)

They are mostly cosmetic

19.

Which of the following represents best practice in document management?

a)

Use only paper filing systems

b)

Save files locally on personal devices

c)

Use version control and cloud-based backups

d)

Share files via unsecured email

20.

Which policy is most aligned with data security in office settings?

a)

Open Wi-Fi for guests and employees

b)

No password policy

c)

Role-based access controls and encryption

d)

Print all documents for meetings

21.

Effective internal communication includes both formal memos and informal channels like instant messaging.

a)

True

b)

False

22.

Digital transformation has reduced the need for standard office procedures.

a)

True

b)

False

23.

KPIs (Key Performance Indicators) are not useful for measuring office performance.

a)

True

b)

False

24.

Which feature of digital accounting systems supports real-time decision-making?

a)

Batch processing

b)

Cloud data syncing and real-time dashboards

c)

Paper-based reporting

d)

Manual spreadsheet entry

25.

Which of the following best describes the advantage of integration between accounting and CRM systems?

a)

Increases customer service costs

b)

Improves cash flow forecasting and billing accuracy

c)

Removes the need for payroll

d)

Limits financial visibility

26.

Which of the following is a benefit of using digital accounting systems?

a)

Increases manual data entry

b)

Improves cash flow forecasting and billing accuracy

c)

Removes the need for payroll

d)

Limits financial visibility

27.

Which regulation must businesses consider when storing financial data digitally in the cloud?

a)

GDPR or local data protection laws

b)

Local advertising laws

c)

Environmental regulations

d)

Sales tax exemption codes

28.

Automated bank reconciliation in accounting software helps by:

a)

Creating marketing emails

b)

Manually adjusting invoices

c)

Matching bank statements with financial records to reduce errors

d)

Sending payroll directly to customers

29.

Digital accounting allows businesses to analyze financial data in real-time for strategic planning.

a)

True

b)

False

30.

Artificial intelligence (AI) has no significant role in modern accounting systems.

a)

True

b)

False

31.

Blockchain technology is being explored to improve transparency and security in accounting.

a)

True

b)

False