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. Figurehead - leader - liaison






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






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






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






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






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






7. Entrepreneur - Disturbance handler - resource allocator - negortiator






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






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






10. Ways in which people in a workforce are similar and different from one another in terms of gender age race sexual orientation ethnicity cultural background and physical abilities and dissablities






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






12. 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






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






14. 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






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






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






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






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






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






20. Mentor - dissemination - spokesperson






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






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






23. Entailing making decisions or choices






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






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






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






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






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






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






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






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






32. 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.






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






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






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






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






37. 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






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






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






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






41. Making products domestically and selling them abroad






42. Involving collecting receiving and disseminating information






43. 1st Top Managers 2nd Middle managers 3rd First-Line Managers 4th Non managerial employees.






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






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






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






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






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






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






50. 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