Name: _________________________ | Period: ___________________ |
This quiz consists of 5 multiple choice and 5 short answer questions through Corporate Governance.
Multiple Choice Questions
1. _________ were often unwilling to discuss the business issues during meetings.
(a) Shareholders.
(b) Managers.
(c) The board members.
(d) The salespeople.
2. The $70B enterprise that Buffett and his partner buy includes GEICO and ________ corporation.
(a) General Mills.
(b) GE Re.
(c) Apple.
(d) Microsoft.
3. Buffett's wealth was solely in _________ stock, investing and reinvesting dividends on its proportional increase per share market value over time.
(a) Wells Fargo.
(b) Berkshire.
(c) Coca-Cola.
(d) GEICO.
4. Buffett believed that many annual ________ were a waste of time for the shareholders and the management.
(a) Reports.
(b) Meetings.
(c) Updates.
(d) Charts.
5. Substantial equity interest was NOT owned by one of the following companies.
(a) Gillette.
(b) Coca-Cola.
(c) GEICO.
(d) American Express.
Short Answer Questions
1. _________ percentage ownership was acquired when the market presented opportunities, according to the book.
2. Buffett and Munger both opposed any selective ________ and predictive growth rates from the CEOs who reported them.
3. Buffett did not expand, borrow, or sell unless Berkshire received as much _________ as it gave.
4. Buffett is proud that ____% of the shares outstanding at the end of each year were held by the same shareholders.
5. Buffett and Munger also followed the idea of minimal use of _______ and leverage, helping to create solid investments.
This section contains 197 words (approx. 1 page at 300 words per page) |