Entrepreneurship Exam  >  Entrepreneurship Tests  >  Summaries: Must Read Books for Entrepreneurs  >  Test: Working Backwards - Entrepreneurship MCQ

Test: Working Backwards - Entrepreneurship MCQ


Test Description

10 Questions MCQ Test Summaries: Must Read Books for Entrepreneurs - Test: Working Backwards

Test: Working Backwards for Entrepreneurship 2024 is part of Summaries: Must Read Books for Entrepreneurs preparation. The Test: Working Backwards questions and answers have been prepared according to the Entrepreneurship exam syllabus.The Test: Working Backwards MCQs are made for Entrepreneurship 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Working Backwards below.
Solutions of Test: Working Backwards questions in English are available as part of our Summaries: Must Read Books for Entrepreneurs for Entrepreneurship & Test: Working Backwards solutions in Hindi for Summaries: Must Read Books for Entrepreneurs course. Download more important topics, notes, lectures and mock test series for Entrepreneurship Exam by signing up for free. Attempt Test: Working Backwards | 10 questions in 10 minutes | Mock test for Entrepreneurship preparation | Free important questions MCQ to study Summaries: Must Read Books for Entrepreneurs for Entrepreneurship Exam | Download free PDF with solutions
Test: Working Backwards - Question 1

What are the two key ideas that contribute to Amazon's success?

Detailed Solution for Test: Working Backwards - Question 1
Amazon's success is attributed to its long term perspective and singular focus on the end-customer. The company is willing to take big risks and prioritize customer satisfaction over short term results. This approach has helped Amazon develop compelling goods and services.
Test: Working Backwards - Question 2

How many Leadership Principles does Amazon have?

Detailed Solution for Test: Working Backwards - Question 2
Amazon has 14 Leadership Principles that are ingrained in every significant process and function within the company. These principles guide Amazon's decision-making and help create a customer-centric culture.
1 Crore+ students have signed up on EduRev. Have you? Download the App
Test: Working Backwards - Question 3

Which of the following is not one of Amazon's Leadership Principles?

Detailed Solution for Test: Working Backwards - Question 3
Collaboration is not one of Amazon's Leadership Principles. However, Amazon emphasizes the importance of ownership, customer obsession, and frugality among its leaders.
Test: Working Backwards - Question 4
What is the purpose of Amazon's Bar Raiser process?
Detailed Solution for Test: Working Backwards - Question 4
The Bar Raiser process at Amazon ensures that every new hire raises the bar and brings something unique to the team. Bar Raisers are trained to participate in the hiring process and help make optimal, objective hiring decisions.
Test: Working Backwards - Question 5
What is the concept of "Two-Pizza Teams" at Amazon?
Detailed Solution for Test: Working Backwards - Question 5
"Two-Pizza Teams" at Amazon refer to teams that can be fed by two large pizzas, consisting of no more than 10 people. This approach promotes autonomy and allows teams to operate more efficiently and effectively.
Test: Working Backwards - Question 6
What is the advantage of Amazon's modular system and API interfaces?
Detailed Solution for Test: Working Backwards - Question 6
Amazon's modular system and API interfaces allow for more autonomous teams and faster innovation. By reducing tightly coupled dependencies, teams can operate independently and conduct a higher number of experiments per unit of time, leading to greater innovation.
Test: Working Backwards - Question 7
What is the role of single-threaded leaders at Amazon?
Detailed Solution for Test: Working Backwards - Question 7
Single-threaded leaders at Amazon are responsible for specific initiatives and do not work on anything else. They lead autonomous teams and focus on achieving a specific goal or objective.
Test: Working Backwards - Question 8
According to Jeff Bezos, what is the ideal percentage of information needed to make a decision?
Detailed Solution for Test: Working Backwards - Question 8
According to Jeff Bezos, most decisions should be made with around 70% of the information you wish you had. Waiting for 90% of the information can result in being slow and missing opportunities for innovation and progress.
Test: Working Backwards - Question 9
What is the purpose of the Amazon debrief meeting?
Detailed Solution for Test: Working Backwards - Question 9
The Amazon debrief meeting is held to discuss interview feedback and make the hiring decision. The interview team reviews the feedback from each interviewer and collectively decides whether to hire the candidate.
Test: Working Backwards - Question 10
What is the main focus of Amazon's Leadership Principles?
Detailed Solution for Test: Working Backwards - Question 10
The main focus of Amazon's Leadership Principles is to ensure a positive customer experience and long-term shareholder value. These principles guide decision-making and help create a customer-centric culture within the company.
11 videos|16 docs|10 tests
Information about Test: Working Backwards Page
In this test you can find the Exam questions for Test: Working Backwards solved & explained in the simplest way possible. Besides giving Questions and answers for Test: Working Backwards, EduRev gives you an ample number of Online tests for practice

Top Courses for Entrepreneurship

Download as PDF

Top Courses for Entrepreneurship