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Flash version of this quiz
Can you improve a failing business?
Business & Career Quizzes & Tests
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Business & Career Quizzes
: Can you improve a failing business?
When you study any business, you analyze the probable reasons of success or failure.
Please answer this question.
Yes surely.
You don't apply your mind to such issues.
You read about failures of many companies in the newspaper.
Please answer this question.
You try to find out the reasons of failure.
You give a cursory glance to the news, and leave it.
When given a charge of a failing business,
Please answer this question.
You first try to find out why it is failing.
You try to find people, who can be blamed for the failure.
You pay immediate attention to increase profits.
Please answer this question.
Yes
No
How do you implement cost-cutting?
Please answer this question.
After analyzing if the cost is for a necessary item or any useless item.
If any cost can be cut, you do it immediately.
You believe that only by removing some bottle-necks, business performance can be improved.
Please answer this question.
Not totally. Sometimes the whole business needs a revamp.
Yes, some bottle-necks can reduce profits substantially.
Will you take charge of a failing business?
Please answer this question.
Yes, only if I have faith, that it can improve.
No, why bother about a failing business.