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Business IQ Test

Updated: Feb 17, 2025

A Business IQ Test checks your capability in comprehending and solving problems within the business setting. That is why it concentrates on certain aspects of cognition, such as problem solving, data or financial literacy, and identification of success factors. Courses may involve the arrangement of tasks as case studies, key management decisions and/or the assessment of fiscal facts meaningful to business success.

Business IQ Test Instructions

Begin by accessing the Business IQ Test. The test usually involves multiple choice questions, situations and problems solving. Read each question carefully and consider the information given, then answer all the questions. After finishing 30 questions, submit the answers and get a free result.

Question 1.
20:00
City with the most energy companies
a. Chicago
b. New York
c. Houston
d. Los Angeles
Question 2.
20:00
What economic system would best be described as laissez-faire?
a. Socialism
b. Capitalism
c. Communism
Question 3.
20:00
Which of the following isn't a major port?
a. Rotterdam
b. Singapore
c. Hong Kong
d. San Francisco
Question 4.
20:00
An investor owns 1/3,000th of a company that has 15 million shares outstanding, how many shares does he own?
a. 15000
b. 5000
c. 500
d. 50000
Question 5.
20:00
Which country experienced a massive economic bubble in the 1980s followed by the "lost decade" in the 1990s?
a. USA
b. Japan
c. South Korea
d. Russia
Question 6.
20:00
These terminals frequent the desks of Wall Street
a. Linux
b. IBM
c. Bloomberg
d. Dell
Question 7.
20:00
The 80-20 rule states that, for many events, roughly 80% of the effects come from 20% of the causes is also known as:
a. Gaussian Distribution
b. The Pareto Principle
c. Benford's law
d. Sturgeon's law
Question 8.
20:00
World leader in database software
a. Oracle
b. Microsoft
c. SAP
d. BMC Software
Question 9.
20:00
H.L. Hunt made his fortune in:
a. Finance
b. Steel
c. Oil
d. Railroads
e. Cotton
Question 10.
20:00
Junk bond king.
a. John Gutfreund
b. Michael Milken
c. John Meriweather
d. Ivan Boesky
Question 11.
20:00
A company pays out $100 million in dividends and has 500 million shares at $20/share. What is its annual yield?
a. 1.00%
b. 10.00%
c. 11.00%
d. 100.00%
Question 12.
20:00
Apartment buildings, shopping malls and office buildings are most likely to be owned by a:
a. Corporation
b. REIT
c. Partnership
d. Sole Proprietorship
Question 13.
20:00
A company that is owned by another:
a. Start up
b. Subsidiary
c. Corporation
d. LLC
Question 14.
20:00
Dallas billionaire who sold his company to Yahoo for $6 billion at height of dot com bubble.
a. T Boone Pickens
b. Mark Cuban
c. Jerry Jones
d. Jerry Yang
Question 15.
20:00
Warren Buffets mentor
a. Bill Gates
b. Charlie Munger
c. Benjamin Graham
Question 16.
20:00
Does leveraged buyouts of companies.
a. Hedge funds
b. Venture capital funds
c. Private equity funds
d. Mutual funds
Question 17.
20:00
Highly leveraged hedge fund employing many Nobel laureates that collapsed and lost billions in the 1998 Asian Financial crisis.
a. Amarath Advisors
b. Long Term Capital Management
c. ESL Investments
d. Clarium Capital Management
Question 18.
20:00
A company releases its financial statements including the income statement, balance sheet and the statement of _______:
a. cash flows
b. assets
c. human resources
Question 19.
20:00
If a company has $1 million in annual earnings and 10 million shares, what is its quarterly earnings per share?
a. 1 cent
b. 1.5 cents
c. 2 cents
d. 2.5 cents
Question 20.
20:00
Jim Rogers and George Soros founded:
a. ESL Investments
b. Quantum Fund
c. Texas Pacific Group
d. Carlyle Group
Question 21.
20:00
If a company has a $2 billion dollar market cap, and its got 1 million shares what is its share price?
a. $100
b. $200
c. $1000
d. $2000
Question 22.
20:00
Black Scholes is a way to value:
a. Private placements
b. Options
c. Bonds
d. Derivatives
Question 23.
20:00
The command to add cells together in Excel is:
a. PLUS
b. ADD
c. TOTAL
d. SUM
Question 24.
20:00
This is an example of a conglomerate:
a. Microsoft
b. Berkshire Hathaway
c. Southwest Airlines
d. Chevron
Question 25.
20:00
The long-term capital gains tax rate in the USA.
a. 35.00%
b. 10.00%
c. 25.00%
d. 15.00%
Question 26.
20:00
Example of a monopoly:
a. General Electric
b. Standard Oil
c. General Motors
d. Wal-Mart
Question 27.
20:00
You have the option of leasing a warehouse for $1,000/month or buying it for $100,000 with an 10% mortgage. You must put down a $20,000 down payment, your earning 20% ROE in your business right now. Which is better?
a. Leasing
b. Buying
c. Cost the same
Question 28.
20:00
Andrew Carnegie made his fortune in:
a. Manufacturing
b. Finance
c. Steel
d. Railroads
Question 29.
20:00
Warren Buffett owns:
a. AIG
b. Geico
c. AllState
d. Progressive
Question 30.
20:00
Many offshore companies and hedge funds are incorporated here.
a. Puerto Rico
b. Cuba
c. Cayman Islands
d. Hawaii

Why Take a Business IQ Test?

Taking a Business IQ Test offers numerous benefits, including insights into your business strengths, career potential, and practical applications.

1. Evaluate Your Business Skills

This test helps measure your ability to:

✅ Solve complex business problems
✅ Make strategic decisions
✅ Understand financial principles
✅ Analyze key success factors in a business environment

2. Gain Career Insights

Business intelligence is essential for careers in:

✔ Management and leadership
✔ Entrepreneurship and startups
✔ Finance and investment
✔ Marketing and business development

By taking this test, you can identify whether your strengths align with these fields or uncover areas that need improvement.

3. Enhance Practical Business Knowledge

Beyond the workplace, business intelligence helps in:

✔ Managing personal and professional finances
✔ Negotiating effectively in various situations
✔ Planning and evaluating investments

4. Identify Training Needs

Your results can help pinpoint areas where additional training or knowledge would be beneficial, allowing you to focus on improving specific business skills.

Tips for Success:

  • Understand the questions: Read each question carefully to grasp the business scenario fully.
  • Apply logical reasoning: Base your answers on logic and critical thinking rather than assumptions.
  • Focus on problem-solving: Think practically and consider the broader impact of decisions.
  • Be confident: Confidence in your business instincts often leads to better results.

In conclusion, a Business IQ Test is not only a test, but it is also an appraisal of your capacity to engage your mind in strategic thinking, your capability to resolve business issues, and certainly your aptitude to make good decisions. Whether it is to improve one’s ability in a specific area, enter into the business world or for the indigenous fun this test is useful in identifying business aptitude and training needs.