SECTION 2:10 TEST

1. According to Harvey Mackay, what is necessary to build a good reputation?
A) Buying credibility through marketing
B) Earning it through trust and integrity
C) Outsourcing reputation management
D) Focusing on short-term gains

2. What does Warren Buffett emphasize about building and maintaining trust?
A) Trust can be rebuilt quickly if lost
B) Reputation takes 20 years to build but only minutes to ruin
C) Trust is irrelevant in business relationships
D) Trust is only important for customer relationships, not partners

3. What is Gary Vaynerchuk’s approach to relationship building?
A) Expecting value before giving anything
B) Giving value to others before asking for something in return
C) Asking for a return immediately
D) Focusing on transactional relationships only

4. What is Simon Sinek’s philosophy about leadership and team relationships?
A) Leaders should focus on their own success first
B) When leaders help others rise, the entire team benefits
C) Employees should be treated strictly as resources
D) Leadership is not related to building relationships

5. What is a key element of building long-term business relationships?
A) Focusing only on your own success
B) Prioritizing authenticity, providing value, and supporting others
C) Expecting immediate results from relationships
D) Building transactional relationships with little personal investment

Answers:

1. B) Earning it through trust and integrity
2. B) Reputation takes 20 years to build but only minutes to ruin
3. B) Giving value to others before asking for something in return
4. B) When leaders help others rise, the entire team benefits
5. B) Prioritizing authenticity, providing value, and supporting others