View a FREE sample

This quiz consists of 5 multiple choice and 5 short answer questions through Corporate Governance.

Multiple Choice Questions

1. Buffett and his partner preferred to buy a company at a fair price at _______% interest.
(a) 50.
(b) 49.
(c) 99.
(d) 100.

2. What was the name of Warren Buffett's partner in the company they shared?
(a) Steve Jobs.
(b) Lloyd Munger.
(c) Charlie Munger.
(d) Bill Gates.

3. The $70B enterprise that Buffett and his partner buy includes GEICO and ________ corporation.
(a) General Mills.
(b) Microsoft.
(c) Apple.
(d) GE Re.

4. Who was the financial mentor that Buffett relied upon for his teachings and lessons about the way to do business?
(a) No one.
(b) Charlie Munger.
(c) Ben Graham.
(d) Himself.

5. A __________ was something that Buffett and Munger believed was valuable to inform businesses owners of the year's business growth.
(a) Business forum.
(b) Business report.
(c) Business gathering.
(d) Business trade show.

Short Answer Questions

1. The long-term economic goal was to maximize per-share average annual rate of gain at ______% of the intrinsic business value.

2. Buffett noted that a CEO had no direct ______ or clear standards of performance, making even under performing ones able to continue working.

3. Half of all major American companies match __________ donations of directors.

4. What company did Buffett acquire in 1964, which he eventually grew into a large holding company?

5. What was the one thing that Munger and Buffett would not address in their question sessions?

(see the answer key)

This section contains 210 words (approx. 1 page at 300 words per page) View a FREE sample