Saturday, 12 April 2014

Some Harvard Business School Questions



Harvard Business School is asking applicants to its inaugural online program in business basics one essay question along with five multiple-choice questions as part of its application which went online on April 9.
Prospective students to the program called CORe, which stands for Credential of Readiness, are being given until May 6 to complete the application for a June 11th start date to the program. In this first wave, HBS is accepting applications only from students enrolled in a full-time degree program from a college or university in Massachusetts.
Applicants must be a member of the class of 2014, 2015 or 2016 or graduate students in a non-business program. The school expects 500 to 1,000 students to enroll in this beta version of the program at an inaugural cost of $1,500. If all goes well, Harvard expects to make the CORe (Credential of Readiness) program available nationwide in the fall, with as many as 2,000 students, and to roll it out internationally early next year.
To vet the applicants to the program, HBS is asking a series of rather simple questions. Can you answer them correctly?

Question One:

The graph below tracks the price and number of tickets sold at the Barrington Arts Museum from 2007-2013.
Given the information above, what can you deduce about the relationship between the price of one ticket and the number of tickets sold per day at the Barrington Arts Museum?
1) Higher ticket prices increase the volume of tickets sold
2) There is no relationship between ticket price and the quantity of tickets sold per day
3) Lower unit prices discourage attendance
4) The quantity of tickets sold per day tends to increase in years with lower ticket prices

Question Two:

Identify the most accurate statement of the choices listed below.
1) Ticket prices at the Barrington Arts Museum are trending upward
2) The number of tickets sold per day peaked in 2007
3) Ticket prices peaked in 2008
4) Attendance at the Barrington Arts Museum is trending upward 5) The price of one ticket remained constant between 2009 and 2011

Question Three:

The spreadsheet below displays data on the purchase of locally-grown asparagus in the town of Valiantboro. Use the information provided to answer the questions at the bottom of the page.
In this poll, individuals over 50 years old constitute ______ of the total sample size.
1) 12%
2) 27.27%
3) 50%
4) 88%

Question Four:

How many people under the age of 30 cited “I enjoy the taste” as the top reason for purchasing locally grown asparagus?
1) 12
2) 28
3) 50
4) 56

Question Five:

Approximately 16.52% of all participants sampled listed “no other option” as the top reason for purchasing locally grown asparagus.
True
False
To find out more about the new three-course program for liberal arts undergraduates and recent graduates, check out PoetsandQuants.com:
















    

  • Michael Duchesne
    
Michael Duchesne
    
Senior Financial Analyst at United States Air Force
    
This test seems a little too easy, perhaps a Harvard education is in my future.
    

5 hours ago
    

    
Bhaskar Mitra, Elena Volovich, Kristi J. Falk, +40
    

    
2 Replies
    

    

    


    

    

    

    • 

  • Wes Cambron
    
Wes Cambron 2nd
    
Content Writer * Podcaster * Visionary * L.I.O.N
    
"I've never let my school interfere with my education." - Mark Twain
    

4 hours ago
    

    
Anushka G., Monique Boshoff, Melanie Hastings Cripe, +16
    

    

    

      

      

      

      

      • 

    • Hampton Fillingame
      
Hampton Fillingame
      
Business || Education
      
Have you ever seen those ads where you scribble some art down, and then you submit it to see if your "Artist" material? Everyone gets a letter saying YOUR APPROVED! Havard online ain't Harvard.
      

4 hours ago
      

      
Penny M. Fox, Carla Palito, and Rachel Presser, EA
      

      
1 Reply
      

      

      


      

      

      

      • 

    • Erika Monteagudo
      
Erika Monteagudo
      
Mobile Financial Services- A MasterCard and Telefonica International JV
      
Well just for fun...maybe is like this? ...R1.-4...R2.-1...R3.-3...R4.-2..R5.-False ;)
      

5 hours ago
      

      
Дмитрий Липкевичус, Simon Trevaskis, Anthony Newton, +4
      

      
3 Replies
      

      

      

        

      • Nick Baker, MBA, Doctoral Candidate
        
Nick Baker, MBA, Doctoral Candidate 2nd
        
John Deere
        
Given the information in question 1, there is no relationship. Further testing is needed to find a relationship. I would say 2 is correct.
        

28 minutes ago
        

        

        • 

      • Jason Sanchez
        
Jason Sanchez
        
Engineering Manager at Leap Motion
        
That last one is a doozy. If the numbers were a little different could be an interesting example of the Simpson paradox.
        

2 hours ago
        

        
Erika Monteagudo
        

        

        • 

      • Show More
        • 

      

      

      

      

      • 

    • Mark L. Stone
      
Mark L. Stone
      
Mathematical Sciences, Defense Analysis
      
4th grade called. It wants its test back.
      

3 hours ago
      

      
William Lull, Tanya Blackwell, CBA, Jp Basham, +6
      

      

      

        

        

        

        

        • 

      • Lee Huffstutler, CPA, CIA, CGFO, PMP
        
Lee Huffstutler, CPA, CIA, CGFO, PMP
        
Chief Accountant at City of Tampa
        
Where's the essay question. That's what I wanted to see.
        

4 hours ago
        

        
Robert Halasey, Penny M. Fox, Carla Palito, +2
        

        
1 Reply
        

        

        

          

        • Robert Halasey
          
Robert Halasey
          
Publishing Professional
          
Was this rolled out on April 1st? In all seriousness this just seems so easy as to make me believe it has to be an April fools joke. My 8th grade daughter can answer these with ease. If this is not an April fools prank and really is Harvard's test, then the challenge must be in the essay question.
          

2 hours ago
          

          
Michael Moore
          

          

          • 

        

        

        

        

        • 

      • Jeannette Marshall
        
Jeannette Marshall 2nd
        
Account Delivery Executive
        
Interesting since Harvard is usually the benchmark in business .. Makes many feel brilliant
        

8 hours ago
        

        
Penny M. Fox, Samantha Marsh, CMIT, Shayla Mihaly, +2
        

        

        

          

          

          

          

          • 

        • Alex B.
          
Alex B.
          
Chief Technology Officer
          
I think the SAT's were more challenging than these questions.
          

4 hours ago
          

          
Brice Gower, Penny M. Fox, Samuel Kaufman, +2
          

          

          

            

            

            

            

            • 

          • James Sanfilippo
            
James Sanfilippo
            
Multifamily Project Manager for HUD
            
Answers: 4, 1, 3, 2, False. The essay must be the real challenge.
            

4 hours ago
            

            
Nicolas de Jong, Penny M. Fox, Lesley Z. Lee, +2
            

            

            

              

              

              

              

              • 

            • Vincent Fong
              
Vincent Fong
              
Available Experienced Delivery and Deployment PMO Project and Program Manager - MSP, Prince 2, Scrum Master Certified
              
Is modern pedagogy actually failing people more than helping them?  I know in some parts of the world students can avail themselves of past papers or sample questions and are trained to memorise the answers. Asian students are exceptionally good at this and many will excel as a result, but not because they are great thinkers.  A problem with multiple choice questions is they don't demonstrate the thinking capability and process; worst, they fail to address the key concern of businesses that individuals can and do communicate proficiently - spelling, grammar, articulation and the ability to think creatively, not just logically.
              

2 hours ago
              

              
Michael Sherrill and Yu Mou
              

              
2 Replies
              

              

              

                

              • Vincent Fong
                
Vincent Fong
                
Available Experienced Delivery and Deployment PMO Project and Program Manager - MSP, Prince 2, Scrum Master Certified
                
Perhaps the current state of pedagogy should really be about the assessors and not the candidates - what is the agenda of 21st century education, what is the expected standard to meet the current and future needs of candidates and businesses and what curriculum should be developed more or anew and given more emphasis
                

1 hour ago
                

                
Michael Sherrill and Yu Mou
                

                

                • 

              • Andrew Klos
                
Andrew Klos
                
"Connecting your client to the science" at Conestoga-Rovers & Associates (CRA); Eller MBA candidate Univ of Arizona
                
The article did say they would need to answer an essay question in addition to these other five questions, so the students would still need to show good communication skills for that question. Unfortunately, the consensus of the people commenting is that even for a beta test these example questions are too easy, especially for a Harvard product. But it may be all the current crop of "taught to the NCLB test" students now applying can handle.  Of course this might also be more proof that Ivy League schools aren't worth the outrageous amount of money they're charging for tuition.
                

1 hour ago
                

                
Jose Santos-Romeu
                

                

                • 

              

              

              

              

              • 

            • Tarek Redda BENMOUFFOK
              
Tarek Redda BENMOUFFOK
              
Country Manager at VA TECH WABAG Algeria
              
WAF! It reinforces my conviction that it is not Harvard that makes intelligence but intelligence is not a "product" of Harvard
              

4 hours ago
              

              
Penny M. Fox, Carla Palito, Tim Welch, +1
              

              

              

                

                

                

                

                • 

              • Graham Klerks
                
Graham Klerks
                
Service Consultant/Teller 1 & Part-time Real Estate Developer
                
Agree with other's posts, seems a little easy. Not sure if it's bad value for money or if I'm smart :)
                

4 hours ago
                

                
Roodney Azor, Farzad Wafapoor, and Pam Perini, PSP
                

                

                

                  

                  

                  

                  

                  • 

                • Joseph Lee
                  
Joseph Lee 2nd
                  
Trainer, Speaker, and Writer
                  
If Bush went to Harvard and is deemed incompetent by the left, and Obama went to Harvard and is deemed incompetent from the right, how many more Harvard educated Presidents can the US afford before the next Mars mission?
                  

3 hours ago
                  

                  
Dave Wills and Loretta GHIVIzzani
                  

                  
1 Reply
                  

                  

                  

                    

                  • Michael M. Obradovitch II, Esq.
                    
Michael M. Obradovitch II, Esq.
                    
USPTO Registered Patent Attorney & Chemical Engineer; Realtor ™
                    
One was an MBA, the other is a Lawyer -- Given the way you feel I say go for an Engineer from the West Coast and don't worry the next Mars mission. :))
                    

2 hours ago
                    

                    
☀ Patt Reeder ☀
                    

                    

                    • 

                  

                  

                  

                  

                  • 

                • Alan Montgomery
                  
Alan Montgomery
                  
Owner and Chief Idea Guy: ModTel Installations, VoiceTouch, Qulogy and other ventures
                  
Wow, glad I put the $100k into my business instead.
                  

4 hours ago
                  

                  
Chris Nesbit, Penny M. Fox, and Rachel Presser, EA
                  

                  

                  

                    

                    

                    

                    

                    • 

                  • Meredith Poor
                    
Meredith Poor
                    
Software Economy Evangelist, Systems Developer
                    
(11) It’s possible that the business schools explore the following line of reasoning, although I haven’t seen any evidence of it: what are the cumulative effects of minor improvements in multiple technology portfolios? In short, if, in a given time frame, solar panel cost per unit output improves by 10%, battery storage improves by 10%, power semiconductors improve by 10%, wind turbines improve by 10%, and lighting efficiency improves by 10%, do the cumulative improvements ‘change everything’? A point one could make is that a Cray supercomputer in the 1970s filled a room, the same computing power is now carried around in smart phones.  (12) At this distance, it appears that the business school course plans are conceived in a vacuum. In short, some financial institution or manufacturer wants someone to ‘clean up’ an ‘inefficient’ business process, so they run Simplex method optimization until they get the right mix of outputs to maximize revenue and profit. Had that same person studied physics and chemistry they might have found a way to optimize the process by applying new technology inputs, and if they had studied automation they might have found a way to consolidate an army of workers into a server farm. Any one of those approaches would be worth a lot of pay from any employer. In the real world, such things are identified by venture capitalists, some of which dropped out of college and never got to the Bachelors, much less a Masters.
                    

6 hours ago
                    

                    
Michael Sherrill, Silvia Pernsteiner, and Devayani Supekar
                    

                    

                    

                      

                      

                      

                      

                      • 

                    • Дмитрий Липкевичус
                      
Дмитрий Липкевичус
                      
Коммерческий директор (ООО "Восточная энергосберегающая компания")
                      
WTF?!)) ... realy?!)))...
                      

4 hours ago
                      

                      
Penny M. Fox and Tarek Redda BENMOUFFOK
                      

                      

                      

                        

                        

                        

                        

                        • 

                      • Hampton Fillingame
                        
Hampton Fillingame
                        
Business || Education
                        
Ignorant quick response.. I don't see the Correct answers listed.
                        

4 hours ago
                        

                        
Edward Wijaya and Shane Evans
                        

                        

                        

                          

                          

                          

                          

                          • 

                        • Justin Waldman
                          
Justin Waldman
                          
Associate Manifest Sorter at IMEX Global Solutions
                          
1. 4  2. 1  3. 3  4. 2  5. TRUE
                          

4 hours ago
                          

                          
Maureen E. "Meg" Gray and Pam Perini, PSP
                          

                          
1 Reply
                          

                          

                          

                            

                          • Nick Baker, MBA, Doctoral Candidate
                            
Nick Baker, MBA, Doctoral Candidate 2nd
                            
John Deere
                            
Question 5 is false. There is a population of 176 people (88+32+56). A percentage of 16.52 would mean 28 had no opinion; 9.38% of 32 and 7.14% of 56 would equal about 7 people with no opinion.
                            

42 minutes ago
                            

                            

                            • 

                          

                          

                          

                          

                          • 

                        • Firas Aldabbagh
                          
Firas Aldabbagh 2nd
                          
President at Baby Boomers & Beyond
                          
Easy but interesting to be used at Harvard!
                          

8 hours ago
                          

                          
Frantisek Borsik
                          

                          

                          

                            

                            

                            

                            

                            • 

                          • Joshua Harris
                            
Joshua Harris
                            
Student at Ryerson University
                            
As someone who has written the GMAT I can say that those people that think this is very easy are more than likely getting the answer incorrect. It is in fact an easy test, but it is about the way that the question is approached, not the question itself.
                            

3 hours ago
                            

                            
Eric Johnson
                            

                            
1 Reply
                            

                            

                            

                              

                            • Dave Wills
                              
Dave Wills
                              
Manufacturing Planner 3 at Boeing
                              
Joshua - please explain. This was not an essay test. What approach variants do you see?
                              

2 hours ago
                              

                              

                              • 

                            

                            

                            

                            

                            • 

                          

                          

                          

                          

                          

                          

                          

                          

                          

                          

Posted by



at













                          


                          

                          

                          

Labels:
,
,
,
,
,



                          

                          



                          

                          

                          

                          


                          No comments:
                          

                          

                          

                          

                          

                          

                          


                          Post a Comment
                          

                          

                          





                          

                          

                          

                          

        
                          
      

                          


                          

                          

                          
Subscribe to:
Post Comments (Atom)