I’m on a roll writing a client’s sales training certification test, so I wrote seven questions that test your business acumen, and that are fun to answer at the same time! You can finish in less than five minutes–and you won’t need a #2 pencil!
1. If you wanted to register a new business in Suriname, it would take a whopping 694 days in 2008, according to The Economist. In the United States it would take six days. The #1 rank for fewest number of days taken to register a new company is two, held by which country?
2. The Polk Automotive Loyalty Award, the only fact-based award in the industry based on consumer loyalty, recognizes manufacturers for superior performance in customer retention. Customers of these manufacturers came back to buy another vehicle of the same model, make, or manufacturer. The US is the largest market for the 2009 Compact-category winner,
a. MINI Cooper
b. Kia Forte
c. Smart fortwo
d. Volkswagen Beetle
3. Every year, 34 million speeding tickets are issued in the US–approximately sixty-five every minute—generating $5.1 billion in revenue. This amount is exactly equal to:
a. Disney’s 2009 net income
b. the amount of cost savings the US Postal Service will gain from eliminating Saturday mail delivery.
c. Latvia’s 2009 GDP
d. Southwest Airlines 2009 operating revenue
4. The Library of Congress announced that archived Tweets will be included in the web capture project at the library. That project includes archived web pages, online news articles and documents. Among the Twitter content in the archive: the very first Tweet on March 21, 2006 by Twitter co-founder Jack Dorsey. What was the exact text of that Tweet?
a. just setting up my twttr
b. test tweet
c. going 2 the store. LOL.
d. 1 small Tweet 4 me. 1 giant leap 4 humankind.
5. A non-3G, 16-gigabyte iPad sells for about $499, and costs $259.60 to manufacture. The iPad’s most expensive component costs $65.00—more than twice the cost of the second-most expensive. The most expensive component is:
a. Bluetooth/WLAN module
c. Glass overlay touch screen
6. The Wall Street Journal reported last week that a 38-year old Russian billionaire has purchased a 394-foot yacht with some nice amenities, which is what you would expect in a vessel costing $300 million. But if you have to ask how much it costs, you can’t afford it: ownership doesn’t come cheap. The yacht costs $20 million a year to maintain and the gas tank costs $500,000 to fill. Which feature is NOT included among the yacht’s high-tech toys:
a. A pair of bath knobs costing $40,000 each
b. a rotating bed mounted on a rotating platter in the master suite
c. a helipad
d. bomb-proof, 44-millimeter glass
7. The Center for Women’s Business Research indicates that women own 40% of the private businesses in the United States. According to Cindy Padnos, a venture capitalist who has studied the relationship between tech entrepreneurship and gender, venture-backed tech start-ups run by women use less capital than start-ups run by men. How much less, on average?
Answers in comments area below.