The Lessons Learned from Business Leaders

Description: This quiz tests your knowledge of the lessons learned from business leaders.
Number of Questions: 15
Created by:
Tags: business leadership success
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Which business leader is known for his "fail fast" approach?

  1. Elon Musk

  2. Jeff Bezos

  3. Bill Gates

  4. Warren Buffett


Correct Option: A
Explanation:

Elon Musk is known for his "fail fast" approach, which encourages employees to take risks and learn from their mistakes.

What is the name of Jeff Bezos's customer-centric philosophy?

  1. Customer Obsession

  2. Customer Delight

  3. Customer Satisfaction

  4. Customer Loyalty


Correct Option: A
Explanation:

Jeff Bezos's customer-centric philosophy is called "Customer Obsession", which emphasizes the importance of putting the customer first.

Which business leader is known for his "servant leadership" style?

  1. Jack Welch

  2. Lee Iacocca

  3. Sam Walton

  4. Herb Kelleher


Correct Option: D
Explanation:

Herb Kelleher is known for his "servant leadership" style, which emphasizes the importance of serving employees and customers.

What is the name of Bill Gates's foundation that focuses on global health and development?

  1. Bill & Melinda Gates Foundation

  2. Gates Foundation

  3. Gates Global Health Initiative

  4. Gates Development Fund


Correct Option: A
Explanation:

Bill Gates's foundation that focuses on global health and development is called the "Bill & Melinda Gates Foundation".

Which business leader is known for his "lean manufacturing" approach?

  1. Taiichi Ohno

  2. Shigeo Shingo

  3. Eiji Toyoda

  4. Akio Morita


Correct Option: A
Explanation:

Taiichi Ohno is known for his "lean manufacturing" approach, which emphasizes the elimination of waste and the improvement of efficiency.

What is the name of Warren Buffett's investment philosophy?

  1. Value Investing

  2. Growth Investing

  3. Income Investing

  4. Speculative Investing


Correct Option: A
Explanation:

Warren Buffett's investment philosophy is called "Value Investing", which emphasizes the importance of buying stocks that are trading at a discount to their intrinsic value.

Which business leader is known for his "total quality management" approach?

  1. W. Edwards Deming

  2. Joseph Juran

  3. Philip Crosby

  4. Armand V. Feigenbaum


Correct Option: A
Explanation:

W. Edwards Deming is known for his "total quality management" approach, which emphasizes the importance of continuous improvement and customer satisfaction.

What is the name of Richard Branson's airline?

  1. Virgin Atlantic

  2. Virgin America

  3. Virgin Australia

  4. Virgin Blue


Correct Option: A
Explanation:

Richard Branson's airline is called "Virgin Atlantic".

Which business leader is known for his "blue ocean strategy"?

  1. W. Chan Kim

  2. Renée Mauborgne

  3. Clayton Christensen

  4. Michael Porter


Correct Option: A
Explanation:

W. Chan Kim is known for his "blue ocean strategy", which emphasizes the importance of creating new markets and avoiding competition.

What is the name of Steve Jobs's company that revolutionized the personal computer industry?

  1. Apple

  2. Microsoft

  3. Google

  4. Amazon


Correct Option: A
Explanation:

Steve Jobs's company that revolutionized the personal computer industry is called "Apple".

Which business leader is known for his "disruptive innovation" theory?

  1. Clayton Christensen

  2. Michael Porter

  3. W. Chan Kim

  4. Renée Mauborgne


Correct Option: A
Explanation:

Clayton Christensen is known for his "disruptive innovation" theory, which emphasizes the importance of creating new markets and disrupting existing ones.

What is the name of Mark Zuckerberg's social media platform?

  1. Facebook

  2. Twitter

  3. Instagram

  4. Snapchat


Correct Option: A
Explanation:

Mark Zuckerberg's social media platform is called "Facebook".

Which business leader is known for his "lean startup" approach?

  1. Eric Ries

  2. Steve Blank

  3. Bob Dorf

  4. Paul Graham


Correct Option: A
Explanation:

Eric Ries is known for his "lean startup" approach, which emphasizes the importance of testing new ideas quickly and cheaply.

What is the name of Jeff Bezos's e-commerce company?

  1. Amazon

  2. eBay

  3. Alibaba

  4. Walmart


Correct Option: A
Explanation:

Jeff Bezos's e-commerce company is called "Amazon".

Which business leader is known for his "zero defects" philosophy?

  1. Philip Crosby

  2. W. Edwards Deming

  3. Joseph Juran

  4. Armand V. Feigenbaum


Correct Option: A
Explanation:

Philip Crosby is known for his "zero defects" philosophy, which emphasizes the importance of preventing defects rather than inspecting for them.

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