YALIEntrepreneurs 'Hiring Red Flags' Quiz

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Quiz Questions

1.
Question 1: The benefits of becoming an entrepreneur include the low cost of starting a digital company, possible assistance from local governments, and the ability to attract venture capitalists that are expanding operations.
- A.
  
  True
- B.
  
  False
2.
Question 2: Some of the ways you can mitigate talent challenges are:
- A.
  
  Be an expert.
- B.
  
  Emphasize passion.
- C.
  
  Nurture workers.
- D.
  
  Focus on culture fit.
- E.
  
  All of the above
3.
Question 3: A company has problems when it only talks about its core values and doesn’t define the required behavior or deal with violations of those values.
- A.
  
  True
- B.
  
  False
4.
Question 4: Two great ways to test a prospective employees are to ask behavioral questions that allow the candidate to discuss their previous work experiences and by giving your team the opportunity to meet the candidate away from the formal interview.
- A.
  
  True
- B.
  
  False
5.
Question 5: Hiring the right people requires a business owner and/or manager to invest significant time and financial resources.
- A.
  
  True
- B.
  
  False
6.
Question 6: One toxic employee can cancel out the contributions of more than two superstars.
- A.
  
  True
- B.
  
  False
7.
Question 7: What are the ways a toxic worker can be a financial liability to a company?
- A.
  
  Spread of toxicity
- B.
  
  Litigation Fees
- C.
  
  Lower Employee Morale
- D.
  
  Upset Customers
- E.
  
  All of the Above
8.
Question 8: Understanding how a candidate behaved in the past will help you assess whether they’ll be civil when they come to work for you. Asking their references for specific behavioral examples of the candidates’ characteristics is a great way to screen employees who might not be a great fit for your business.
- A.
  
  True
- B.
  
  False
9.
Question 9: "Hiring bias" involves picking candidates of certain backgrounds because they have similar traits to the hiring manager or other members of the team. This bias also involves giving certain candidates preferential treatment during the recruitment process.
- A.
  
  True
- B.
  
  False
10.
Question 10: Common types of hiring bias include:
- A.
  
  Gender bias, race and ethnicity bias, name bias
- B.
  
  Generational bias, religious bias, sexual orientation bias
- C.
  
  Confirmation bias, the halo effect, the horn effect
- D.
  
  The similar-to-me effect, gender bias, name bias
- E.
  
  All of the above
11.
Question 11: Research shows diverse teams make faster, more informed decisions that rely on facts. This leads to more meaningful innovation that enriches the company culture.
- A.
  
  True
- B.
  
  False
12.
Question 12: A 2015 McKinsey report on 366 public companies found that those in the top quartile for ethnic and racial diversity in management were ___% more likely to have financial returns above their industry mean, and those in the top quartile for gender diversity were ___% more likely to have financial returns above the industry mean.
- A.
  
  35%, 15%
- B.
  
  25%, 10%
- C.
  
  30%, 15%
- D.
  
  45%, 20%
13.
Question 13: The best employees just come into the office, do what they’re told, collect a paycheck, and go home.
- A.
  
  True
- B.
  
  False
14.
Question 14: Employee retention is crucial to running a lean and successful business. Zappos’ founder Tony Hsieh stated that bad hires had cost the company___ million by 2010.
- A.
  
  $50 million
- B.
  
  $100 million
- C.
  
  $75 million
- D.
  
  $25 million
15.
Question 15: You can use the same tools used by Silicon Valley, London, and Paris to hire top talent — namely stock options — to attract talent in Africa.
- A.
  
  True
- B.
  
  False
16.
Question 16: What is the percentage of survey respondents in major African economies that consider becoming an entrepreneur a desirable career choice?
- A.
  
  20%
- B.
  
  35%
- C.
  
  57%
- D.
  
  45%
- E.
  
  25%

Quiz Outcomes

1.

Not bad! Check out #YALIEntrepreneurs to learn more about how to quickly spot red flags during the hiring process.

Next time, you'll do better at seeing the hiring red flags before they become costly. Use the resources found on the YALIEntrepreneurs website to help you during recruitment!
2.

Congratulations!

You excelled at understanding the key hiring red flags! This will save you time, money, and stress when picking your team. Bravo!