BUS 225
Business Skills for Success
MIDTERM READINESS EXAM
GUIDE
Q&S
©2024/2025
,1. Multiple Choice: Which of the following is a key
component of emotional intelligence?
a) Technical skills
b) Empathy
c) Financial acumen
d) Market forecasting
Correct Answer: b) Empathy
Rationale: Empathy is a crucial aspect of emotional
intelligence, which is essential for understanding and
managing interpersonal dynamics in business.
2. Fill-in-the-Blank: The ability to _______ is essential for
effective leadership and involves understanding one's
emotions and their impact on others.
Correct Answer: self-regulate
Rationale: Self-regulation is a component of emotional
intelligence important for leaders to manage their emotions
and influence positively on their team.
3. True/False: In business negotiations, positional
bargaining is more effective than principled negotiation.
Correct Answer: False
Rationale: Principled negotiation, which focuses on
mutual interests and objective criteria, is generally more
effective and sustainable than positional bargaining.
4. Multiple Response: Select all that apply. Which of the
following are considered advanced communication skills?
a) Active listening
b) Persuasive writing
c) Non-verbal cues interpretation
d) Spreadsheet proficiency
©2024/2025
, Correct Answers: a) Active listening, b) Persuasive
writing, c) Non-verbal cues interpretation
Rationale: Advanced communication skills encompass
active listening, persuasive writing, and the interpretation of
non-verbal cues, while spreadsheet proficiency is a
technical skill.
5. Multiple Choice: Strategic management involves:
a) Day-to-day operations
b) Long-term planning
c) Immediate technical troubleshooting
d) Short-term sales targets
Correct Answer: b) Long-term planning
Rationale: Strategic management is focused on long-term
planning and setting the direction for the business to
achieve sustainable competitive advantage.
6. Fill-in-the-Blank: The process of influencing individuals
and groups within an organization is known as _______.
Correct Answer: organizational leadership
Rationale: Organizational leadership is the process of
guiding and influencing others within a company to achieve
organizational goals.
7. True/False: Corporate social responsibility (CSR) is an
optional add-on for modern businesses.
Correct Answer: False
Rationale: CSR is increasingly seen as an integral part of
business operations, reflecting the expectations of
stakeholders and the broader community.
8. Multiple Response: Effective project management
requires which of the following skills? (Select all that apply)
©2024/2025
Business Skills for Success
MIDTERM READINESS EXAM
GUIDE
Q&S
©2024/2025
,1. Multiple Choice: Which of the following is a key
component of emotional intelligence?
a) Technical skills
b) Empathy
c) Financial acumen
d) Market forecasting
Correct Answer: b) Empathy
Rationale: Empathy is a crucial aspect of emotional
intelligence, which is essential for understanding and
managing interpersonal dynamics in business.
2. Fill-in-the-Blank: The ability to _______ is essential for
effective leadership and involves understanding one's
emotions and their impact on others.
Correct Answer: self-regulate
Rationale: Self-regulation is a component of emotional
intelligence important for leaders to manage their emotions
and influence positively on their team.
3. True/False: In business negotiations, positional
bargaining is more effective than principled negotiation.
Correct Answer: False
Rationale: Principled negotiation, which focuses on
mutual interests and objective criteria, is generally more
effective and sustainable than positional bargaining.
4. Multiple Response: Select all that apply. Which of the
following are considered advanced communication skills?
a) Active listening
b) Persuasive writing
c) Non-verbal cues interpretation
d) Spreadsheet proficiency
©2024/2025
, Correct Answers: a) Active listening, b) Persuasive
writing, c) Non-verbal cues interpretation
Rationale: Advanced communication skills encompass
active listening, persuasive writing, and the interpretation of
non-verbal cues, while spreadsheet proficiency is a
technical skill.
5. Multiple Choice: Strategic management involves:
a) Day-to-day operations
b) Long-term planning
c) Immediate technical troubleshooting
d) Short-term sales targets
Correct Answer: b) Long-term planning
Rationale: Strategic management is focused on long-term
planning and setting the direction for the business to
achieve sustainable competitive advantage.
6. Fill-in-the-Blank: The process of influencing individuals
and groups within an organization is known as _______.
Correct Answer: organizational leadership
Rationale: Organizational leadership is the process of
guiding and influencing others within a company to achieve
organizational goals.
7. True/False: Corporate social responsibility (CSR) is an
optional add-on for modern businesses.
Correct Answer: False
Rationale: CSR is increasingly seen as an integral part of
business operations, reflecting the expectations of
stakeholders and the broader community.
8. Multiple Response: Effective project management
requires which of the following skills? (Select all that apply)
©2024/2025
