Test your basic knowledge |

Management

Subject : business-skills
Instructions:
  • Answer 50 questions in 15 minutes.
  • If you are not ready to take this test, you can study here.
  • Match each statement with the correct term.
  • Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.

This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. When a business firm engages in social actions because of its obligation to meet certain economic and legal responsibilities






2. A business firms intention beyond its legal and economic obligations to do the right things act in ways that are good for society






3. Factors forces situations and events outside the organization that affect its performance






4. The manager makes the final decision after gaining feedback from stakeholders; authority is still somewhat centralised; communication is a two way process.






5. When employees are connected to satisfied with and enthusiastic about their jobs






6. A boundary less world where goods and services are produced and marketed worlwide






7. The manager encourages employees to become actively involved in the decision-making process; authority is decentralised and communication is a two way process.






8. Social traits such as ones cultural background or allegiance that are shared by a human population






9. Entrepreneur - Disturbance handler - resource allocator - negortiator






10. Attention to detail - innovation and risk taking - stability - aggressiveness - team orientation - people orientation - outcome orientation.






11. A managers ability to analyze and diagnose complex situations






12. Degree to which organizational decisions and actions emphasize maintaining the status quo






13. Part-time temporary and contract workers who are available for hire on an as-needed basis






14. Any constituencies in an organizations environment that are affected by that organizations decisions and actions






15. Purchasing materials or labor from around the world wherever it is cheapest






16. Planning - Organizing - Leading - Controlling Middle ACHIEVING THE ORGANIZATIONS STATES PURPOSE.






17. Cultures in which the key values are deeply held and widely shared






18. Supervisors responsible for directing the day to day activities of non managerial employees






19. Making products domestically and selling them abroad






20. View that says ethical decisions are made solely on the basis of their outcomes or consequences






21. Minimal Global investment - Global sourcing- exporting and importing - licensing - franchising - strategic alliance - joint venture - foreign subsidiary. - Significant global investment






22. 1st Top Managers 2nd Middle managers 3rd First-Line Managers 4th Non managerial employees.






23. Managers allow employees to take full responsibility for decisions within their areas; authority is decentralised.






24. Entailing making decisions or choices






25. People who work directly on a job or task and have no responsibility for overseeing the work of others






26. A partnership between an organization and a foreign company partners in which both share resources and knowledge in developing new products of building production facilities.






27. Figurehead - leader - liaison






28. Job-specific knowledge and techniques needed to perform work tasks






29. Includes defining goals establishing strategy and developing plans to coordinate activites






30. Includes monitoring performance comparing it with goals and correcting any significant deviations






31. A formal document that states an organizations primary values and the ethical rules its expects managers and non managerial employees to follow






32. An agreement in which an organization gives another the right for a fee to make or sell its products using its technology or product specifications






33. View that says ethical decisions are made in order to enforce rules fairly and impartially






34. A managers ability to build a power base and establish the right connections






35. Degree to which employees are expected to exhibit precision analysis and attention to detial






36. A structural arrangement for global organizations that eliminates artificial geographical barries






37. Goals - People and Structure






38. The characteristics of a population used for purposes of social stuidies






39. The view that much of an organizations success or failure is due to external forces outside managers control






40. Involving collecting receiving and disseminating information






41. A direct investment in a foreign country that involves setting up a separate and independent facility or office






42. Employees - customers - unions - social and political action groups - shareholders - competitors - communities - Trade and industry associations - Suppliers - governments - media.






43. Autocratic - Persuasive - Consultative - Participative - Laissez-Faire






44. An MNC that decentralizes management and other decisions to the local country where its doing business






45. Individuals who are typically responsible for translating goals set by top managers into specific details that lower-level managers wills see get done






46. Benefits that provide a wide range of scheduling options and allow employees more flexibility at work accommodating their needs for work-life balance






47. The number of components in an organizations environment and the extent of knowledge that the organizations has about those components






48. Includes determining what tasks are to be done who is to do them how the tasks are to be grouped whop reports to whom and who will make decisions






49. The degree of risk that plans should contain - Whether plans should be developed by individuals or teams - The degree of environmental scanning in which management will engage






50. Degree to which managers focus on results or outcomes rather than on how these outcomes are achived