Business Brain Teasers

1. What is "job analysis" in HR?

• A. The process of determining job satisfaction

• B. A detailed examination of job duties, responsibilities, and skills

• C. The evaluation of employee performance

• D. An analysis of workplace culture

2. Which of the following is not a cloud accounting software?

• A) QuickBooks

• B) Xero

• C) SAP HANA

• D) NetSuite

3. 3. What does "lean management" aim to achieve?

• A) Maximizing employee engagement

• B) Reducing waste and improving efficiency

• C) Increasing the size of the workforce

• D) Expanding market share

4. What is the primary purpose of a performance appraisal?

• A) To terminate underperforming employees

• B) To assess employee contribution and provide feedback

• C) To increase salaries of all employees

• D) To identify competitors in the market

5. What does the term "market segmentation" refer to?

• A) Dividing the market into geographical zones

• B) Grouping customers with similar characteristics

• C) Distributing products across multiple regions

• D) Reducing market competition through pricing

6. Which of the following is a key element of job analysis?

• A. Determining annual budgets

• B. Setting organizational goals

• C. Identifying skills and responsibilities of a job

• D. Benchmarking salaries in the industry

7. What does the term "IPO" stand for in the share market?

• A) Initial Public Offering

• B) International Product Order

• C) Investment Portfolio Option

• D) Internal Price Optimization

8. Which company’s logo has a mermaid on it?

• A) Starbucks

• B) Shell

• C) Nestle

• D) Pepsi

9. 9. What is a primary benefit of teamwork in business management?

• A) Improving employee satisfaction through collaborative efforts

• B) increasing number of products by fostering collective problem-solving

• C) Combining diverse skills to achieve organizational goals effectively

• D) Encouraging competition among employees

10. 10. What is the primary purpose of a Customer Relationship Management (CRM) system in business IT?

• A) Managing financial transactions

• B) Tracking and improving customer interactions

• C) Creating marketing content

• D) Analyzing supply chain performance