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






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






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






4. 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






5. Entrepreneur - Disturbance handler - resource allocator - negortiator






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






7. Goals - People and Structure






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






9. 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






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






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






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






13. 1st Top Managers 2nd Middle managers 3rd First-Line Managers 4th Non managerial employees.






14. Figurehead - leader - liaison






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






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






17. 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






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






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






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






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






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






23. Entailing making decisions or choices






24. Acquiring products made abroad and selling them domestically






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






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






27. Mentor - dissemination - spokesperson






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






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






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






31. 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






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






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






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






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






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






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






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






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






40. 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






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






42. 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






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






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






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






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






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






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






49. Involving people (subordinates and persons outside the organization) and other duties that are ceremonial and symbolic in nature






50. 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.