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






2. 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






3. 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






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






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






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






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






8. Individuals who are typically responsible for translating goals set by top managers into specific details that lower-level managers wills see get done






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






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






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






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






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






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






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






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






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






18. View that says ethical decisions are made solely on the basis of their outcomes or consequences






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






20. Involving collecting receiving and disseminating information






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






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






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






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






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






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






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






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






29. 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.






30. 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






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






32. A managers ability to analyze and diagnose complex situations






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






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






35. Supervisors responsible for directing the day to day activities of non managerial employees






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






37. Entrepreneur - Disturbance handler - resource allocator - negortiator






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






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






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






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






42. 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






43. 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






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






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






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






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






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






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






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