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






2. 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






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






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






6. Involving collecting receiving and disseminating information






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






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






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






10. 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






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






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






13. 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






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






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






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






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






18. 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.






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






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






21. Mentor - dissemination - spokesperson






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






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






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






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






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






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






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






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






30. Goals - People and Structure






31. Entrepreneur - Disturbance handler - resource allocator - negortiator






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






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






34. Figurehead - leader - liaison






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






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






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






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






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






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






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






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






43. 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






44. 1st Top Managers 2nd Middle managers 3rd First-Line Managers 4th Non managerial employees.






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






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






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






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






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






50. 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