Your company sold 4,000 units last year and 5,000 this year. What’s your market share growth rate?
25%
Which streaming platform is famously known for using “data-driven decisions” to greenlight shows like House of Cards?
Netflix
Which framework is commonly used to analyze a company’s internal strengths and weaknesses and external opportunities and threats?
SWOT
A factory produces 200 bottles/hour. After process optimization, it produces 250/hour. What’s the efficiency gain?
25%
In the movie The Social Network, which business strategy is depicted when Facebook expands rapidly to beat competitors like HarvardConnection?
First-mover advantage / rapid scaling
In 3C’s of Business Strategy (Customer, Competitor, ___), what is C most likely to be?
Company
Each unit costs ₹50 to produce and sells for ₹100. You spent ₹10,000 on setup. How many units to break even?
200 units
Which management thinker is referenced in the TV series The Office when Michael Scott misquotes “management by objectives” principles?
Peter Drucker
In the 4Ps of Marketing (Product, Price, Place, ___), what is the last P?
Promotion
If you raise your price by 10% but lose 5% of customers, what happens to revenue overall?
It increases by about 4.5%
In Moneyball, Billy Beane uses a data-driven strategy to assemble a competitive baseball team. What is the management/consulting term that best describes this approach?
Analytics-driven decision-making / evidence-based management
In McKinsey 7S Framework, S appears three times. Name one of the three S’s that deals with people.
Staff