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






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






3. 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.






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






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






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






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






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






9. A managers ability to analyze and diagnose complex situations






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






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






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






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






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






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






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






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






18. 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






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






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






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






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






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






24. Entailing making decisions or choices






25. Acquiring products made abroad and selling them domestically






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






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






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






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






30. 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






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






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






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






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






35. 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






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






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






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






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






40. Mentor - dissemination - spokesperson






41. Involving collecting receiving and disseminating information






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






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






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






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






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






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






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






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






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