GBR Quiz

The Graziadio Business Report Past Issues Quiz

Developed by GBR Managing Editor Frieda Gehlen.
This issue's quiz is a potpourri of questions that relate to articles in recent issues of GBR. If you would like to learn more about the topic on which the question is based, please click on the link at the end of the answer. It will take you to the original article.

1.	In Kern's article, Preserving and Strengthening a Business Relationship, he notes that business partnerships present many advantages, but partners also are likely to have some disputes that can potentially tear the business apart. To help resolve these, he suggests it is important for the partners to:
	a) Distinguish between equity positions and functional roles. b) Distinguish between basic interests and negotiating positions. c) Evaluate their commitment index. d) All of the above. e) None of the above.

2. In Egan and Kurland's research on telecommuting, contrary to what many predicted, they found that most telecommuters did not view being able to telecommute as a reward in and or itself, but neither did they believe that it would diminish their chances for other rewards -- such as promotions or good assignments.

a) True.
b) False.

3. In his article about dealing with environmental and safety issues, Magasin argues that, while the company needs to be very concerned about meeting minimum legal standards, encouraging employees to do more than that is an unwise use of shareholder resources since environmental and health standards already require far more than is necessary to preserve public health.

a) True
b) False

4. In the same article referenced above, Magasin notes that much environmental law involves "strict liability." Under strict liability someone is:

a). Legally liable only if he or she personally violates a regulation and does so intentionally.
b) Normally not liable unless it can be proved that actual harm occurred to some person or place.
c) Not liable if he or she is unaware of the regulation.
d) All of the above.
e) None of the above.

5. In their article on Teambuilding, Lacey and Sherman deal with both explicit and tacit knowledge. They argue that innovations that rely on both forms of knowledge are less open to imitation and more likely to produce sustained competitive advantage than are innovations based only on explicit knowledge.

a) True
b) False

6. In their article on day trading, Harlow and Kinsman demonstrate that even if the day trader has a scheme that creates even a 2% advantage over chance, that person can very likely "beat the odds" and earn substantial sums in the market if he or she does not waver from the scheme when things go wrong temporarily.

a)True
b) False

7. The Index of Leading Indicators used by many economic forecasters:

a) Is used to help predict the business cycle.
b) Is compiled and published by the Wall Street Journal
c) Includes economic activities and indices which would be expected to change only after there had been an upward turn in the business cycle.
d) All of the above.
e) None of the above

8. In talking about search engines on the Internet, Griffy-Brown notes that most search engines support "search engine math." This allows the searcher to:

a) Use the search engine as a calculator for simple math problems.
b) Combine words to make searchable phrases or exclude certain words or categories in order to make a search more precise.
c) Combine search engines to create a more powerful searching tool.

9. Yahoo is an example of a "spider."

a) True
b) False

10. In Morrissey and McQuaid's article on management challenges in e-business, they talk about the growing importance of ASPs (application solution providers). This term refers to:

a) Businesses to which you can outsource some of your IT management.
b) A new "intelligent" software package that helps diagnose problems in business applications.
c) The growing class of employees who move from company to company for short-term employment to work on specific software applications.
d) None of the above.

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2.	In Egan and Kurland's research on telecommuting, contrary to what many predicted, they found that most telecommuters did not view being able to telecommute as a reward in and or itself, but neither did they believe that it would diminish their chances for other rewards -- such as promotions or good assignments.
	a) True. b) False.

3.	In his article about dealing with environmental and safety issues, Magasin argues that, while the company needs to be very concerned about meeting minimum legal standards, encouraging employees to do more than that is an unwise use of shareholder resources since environmental and health standards already require far more than is necessary to preserve public health.
	a) True b) False

4.	In the same article referenced above, Magasin notes that much environmental law involves "strict liability." Under strict liability someone is:
	a). Legally liable only if he or she personally violates a regulation and does so intentionally. b) Normally not liable unless it can be proved that actual harm occurred to some person or place. c) Not liable if he or she is unaware of the regulation. d) All of the above. e) None of the above.

5.	In their article on Teambuilding, Lacey and Sherman deal with both explicit and tacit knowledge. They argue that innovations that rely on both forms of knowledge are less open to imitation and more likely to produce sustained competitive advantage than are innovations based only on explicit knowledge.
	a) True b) False

6.	In their article on day trading, Harlow and Kinsman demonstrate that even if the day trader has a scheme that creates even a 2% advantage over chance, that person can very likely "beat the odds" and earn substantial sums in the market if he or she does not waver from the scheme when things go wrong temporarily.
	a)True b) False

7.	The Index of Leading Indicators used by many economic forecasters:
	a) Is used to help predict the business cycle. b) Is compiled and published by the Wall Street Journal c) Includes economic activities and indices which would be expected to change only after there had been an upward turn in the business cycle. d) All of the above. e) None of the above

8.	In talking about search engines on the Internet, Griffy-Brown notes that most search engines support "search engine math." This allows the searcher to:
	a) Use the search engine as a calculator for simple math problems. b) Combine words to make searchable phrases or exclude certain words or categories in order to make a search more precise. c) Combine search engines to create a more powerful searching tool.

10.	In Morrissey and McQuaid's article on management challenges in e-business, they talk about the growing importance of ASPs (application solution providers). This term refers to:
	a) Businesses to which you can outsource some of your IT management. b) A new "intelligent" software package that helps diagnose problems in business applications. c) The growing class of employees who move from company to company for short-term employment to work on specific software applications. d) None of the above.