MGMT

Which of the following actions is most likely to keep employees motivated and committed to a company?

• Recognizing employee efforts and involving them in goal setting

• Ignoring feedback and focusing only on results

• Setting strict goals without team input

• Letting employees work with no guidance

You’re the CFO and facing a drop in sponsorship revenue. What’s the smartest first step you should take?

• Immediately cut costs

• Make a decision based on instinct

• Clearly define the problem

• Ask your team to guess the best option

Your company is in the middle of a high-pressure racing season. Which of the following cultural values would help the team stay on track?

• Individual competition

• Strict rules with no flexibility

• Teamwork and collaboration

• Working alone to avoid conflict

You’re the boss of a growing company — why might you choose a long-term plan instead of just going with the flow?

• To avoid planning and focus only on now

• To reduce teamwork

• To change direction every month

• To stay focused on future goals and stay ahead

Imagine you’re the CEO of a racing company… what kind of plan would you need to dominate the next 5 years?

• Tactical Plan

• Strategic Plan

• Operational Plan

• Emergency Plan

In a decentralized company, who usually has the power to make day-to-day decisions?

• Only the CEO

• External consultants

• The board of directors every time

• Department heads and managers

You’re planning a major racing event next weekend. In which type of company would you get approval faster?

• A decentralized company where team leaders can decide quickly

• A company where every decision goes to the top boss