1. Which is an example of corporate social responsibility (CSR)?
a. Increasing employee wages
b. Launching a recycling initiative
c. Merging with a sustainable company
d. Reducing production costs
2. True or false: Diversity, Equity, and Inclusion (DEI) initiatives focus solely on gender equality in the workplace.
3. Companies leveraging cloud computing benefit from:
a. Unlimited free storage for all operations
b. Enhanced scalability and cost efficiency
c. Complete immunity from cyberattacks
d. No dependency on internet connectivity
4. True or false: A digital twin is a physical replica of a manufacturing system.
5. What is the key difference between B2B and B2C marketing strategies?
a. B2B focuses on emotional connections, while B2C relies on logic
b. B2B focuses on long-term relationships, while B2C is transaction-driven
c. B2B uses social media exclusively, while B2C avoids it entirely
d. B2B avoids pricing transparency, while B2C promotes it
6. What does ESG stand for in modern corporate strategy?
a. Environmental, Social, and Governance
b. Enterprise, Sustainability, and Growth
c. Equity, Standards, and Goals
d. Economic, Strategic, and Green
7. What is the primary purpose of predictive analytics in business?
a. To identify historical trends
b. To forecast future outcomes based on data
c. To ensure compliance with regulatory standards
d. To eliminate the need for human decision-making
8. Which of the following is a key advantage of blockchain technology in business transactions?
a. High energy efficiency
b. Enhanced transparency and security
c. Fixed transaction speeds
d. Unlimited storage capacity
9. What is the primary goal of agile project management?
a. To deliver projects on a fixed timeline regardless of flexibility
b. To enhance team collaboration and adapt to changes quickly
c. To replace traditional project management tools entirely
d. To focus solely on cost-cutting measures
10. Which of the following best describes a minimum viable product (MVP)?
a. A fully developed product ready for mass distribution
b. The simplest version of a product that solves the core problem
c. A prototype meant for internal use only
d. A discounted product launched to test pricing
11. What is a primary benefit of using a balanced scorecard in strategic management?
a. It focuses solely on financial performance
b. It provides a multi-perspective framework for measuring success
c. It eliminates the need for employee performance reviews
d. It ensures compliance with all legal requirements
12. Which statement about artificial intelligence (AI) in business is true?
a. AI is only applicable to large-scale enterprises
b. AI-driven systems can analyze data faster than humans
c. AI guarantees 100% accuracy in decision-making
d. AI eliminates the need for human oversight
13. The term "gig economy" refers to:
a. Permanent employment with flexible hours
b. Short-term contracts or freelance work arrangements
c. Traditional 9-to-5 job roles with benefits
d. Automated job roles requiring no human intervention