Name: _________________________ | Period: ___________________ |
This quiz consists of 5 multiple choice and 5 short answer questions through Corporate Governance.
Multiple Choice Questions
1. The intrinsic business value goal was reached by ________, preferably 100% ownership of diverse business firms generating cash and above-average returns on capital.
(a) Prominent.
(b) Direct.
(c) Passive.
(d) Indirect.
2. The board was ultimately responsible for any _______'s performance in the companies they held.
(a) Market.
(b) CEO.
(c) Shareholder.
(d) Worker.
3. Substantial equity interest was NOT owned by one of the following companies.
(a) Gillette.
(b) GEICO.
(c) American Express.
(d) Coca-Cola.
4. Berkshire invested in companies with excellent economic prospects and outstanding __________.
(a) Websites.
(b) Managers.
(c) Stock prices.
(d) Ideas.
5. Essays are from __________ that Buffett prepared for and wrote for Berkshire shareholders.
(a) Personal notes.
(b) Trainings.
(c) Seminars.
(d) Annual reports.
Short Answer Questions
1. How many owner-related business principles were listed in this section of the book by Buffett?
2. Buffett managed by ________-related business principles, according to the book.
3. Berkshire's board included a controlling ________, in which other board members could persuade others to make changes.
4. Buffett noted that a CEO had no direct ______ or clear standards of performance, making even under performing ones able to continue working.
5. Buffett and Munger both opposed any selective ________ and predictive growth rates from the CEOs who reported them.
This section contains 189 words (approx. 1 page at 300 words per page) |