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






3. 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






4. Individuals in an organization who direct the activities of others






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






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






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






8. Degree to which work is organized around team rather than individuals






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






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






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






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






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






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






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






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






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






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






19. Figurehead - leader - liaison






20. 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






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






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






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






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






25. The shared values principles traditions and ways of doing things that influence the way organizational members act






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






27. Degree to which management decision take into account the effects on people in the organization






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






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






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






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






32. 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






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






34. 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






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






36. The biological heritage (including physical characteristics such as ones skin color and associated traits that people use to identify themselves






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






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






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






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






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






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






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






44. Mentor - dissemination - spokesperson






45. Entailing making decisions or choices






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






47. 1st Top Managers 2nd Middle managers 3rd First-Line Managers 4th Non managerial employees.






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






49. Entrepreneur - Disturbance handler - resource allocator - negortiator






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