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






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






3. 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






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






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






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






7. Figurehead - leader - liaison






8. 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






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






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






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






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






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






14. Entrepreneur - Disturbance handler - resource allocator - negortiator






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






16. 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






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






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






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






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






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






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






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






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






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






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






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






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






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






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






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






32. Making products domestically and selling them abroad






33. An agreement in which an organization gives other organization the right for a fee to use its name and operating methods






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






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






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






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






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






39. 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






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






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






42. 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






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






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






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






46. A managers ability to analyze and diagnose complex situations






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






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






49. Involving collecting receiving and disseminating information






50. Acquiring products made abroad and selling them domestically