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






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






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






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






5. A companys ability to achieve its business goals and increase long-term shareholder value by integrating economic - environmental and social opportunities into its business strategies






6. The view that managers are directly responsible for an organizations success or failure






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






8. Economic - Global - Political/Legal - Socio cultural - Technological - demographics. In the middle THE ORGANIZATION`






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






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






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






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






13. When a business firm engages in social actions because of its obligation to meet certain economic and legal responsibilities






14. Individuals who are responsible for making decisions about the direction of the organization and establishing policies that affect all organizational memebers






15. Figurehead - leader - liaison






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






17. A narrow focus in which managers see thing only through their own eyes and from their own perspective






18. The manager makes decisions alone - but explains the reasons to employees; authority is centralised and communication is one way.






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






20. A managers ability to work with understand mentor and motivate other both individually and in groups






21. Any type of international company that maintains operations in multiple countries






22. The degree to which managers are concerned with increasing employee job satisfaction - What leadership styles are appropriate - Whether all disagreements--even constructive ones--should be eliminated






23. The degree of change and complexity in an organizations enviroment






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






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






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






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






28. Whether to impose external controls or allow employees to control their own actions - What criteria should be emphasized in employee performance evaluations - What repercussions will occur from exceeding ones budget






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






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






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






32. Making products domestically and selling them abroad






33. Doing things right or getting the most output from the least amount of inputs






34. How much autonomy should be designed into employees jobs - Whether task should be done by individuals or in teams - The degree to which department managers interact with each other






35. A managers ability to analyze and diagnose complex situations






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






37. Any equipment tools or operating methods that are designed to make work more efficient






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






39. Degree to which employees are aggressive and competitive rather than cooperative






40. Goals - People and Structure






41. An MNC that centralizes management and other decisions in the home country






42. Involving collecting receiving and disseminating information






43. 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






44. 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






45. Degree to which employees are encouraged to be innovative and take risks






46. Doing the right things or completing activities so that organizational goals are attained






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






48. The manager makes all decisions alone - with centralised authority and one-way communication.






49. Entailing making decisions or choices






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