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






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






3. Goals - People and Structure






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






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






6. Making products domestically and selling them abroad






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






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






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






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






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






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






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






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






15. 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






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






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






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






19. 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






20. Entrepreneur - Disturbance handler - resource allocator - negortiator






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






22. 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






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






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






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






26. Specific categories of managerial behavior often grouped around interpersonal relationships information transfer and decision making






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






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






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






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






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






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






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






34. A specific type of strategic alliance in which the partners agree to form a separate independent organization for some business purpose.






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






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






37. 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






38. 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






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






40. Acquiring products made abroad and selling them domestically






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






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






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






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






45. Mentor - dissemination - spokesperson






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






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






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






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






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