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






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






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






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






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






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






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






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






9. A set of rules or principles that defines right and wrong conduct






10. Mentor - dissemination - spokesperson






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






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






13. 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






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






15. View that says ethical decisions are made in order to respect and protect individual liberties and privileges






16. When a business firm engages in social actions in response to some popular social need






17. The use of scientific methods to define the "one best way" for a job to be done - Frederick Winslow Taylor.






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






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






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






21. Entailing making decisions or choices






22. Making products domestically and selling them abroad






23. 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.






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






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






26. The process of getting things done effectively efficiently through and with other people






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






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






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






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






31. 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






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






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






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






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






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






37. An independent business having fewer than 500 employees that doesn't necessarily engage in any new or innovative practices and has relatively little impact on its industry






38. Goals - People and Structure






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






40. Acquiring products made abroad and selling them domestically






41. A systematic arrangement of people brought together to accomplish some specific purpose






42. Includes motivating employees directing the activites of other selecting the most effective communication channel and resolving conflicts






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






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






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






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






47. Entrepreneur - Disturbance handler - resource allocator - negortiator






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






49. Involving collecting receiving and disseminating information






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