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. 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






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






3. Entrepreneur - Disturbance handler - resource allocator - negortiator






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






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






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






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






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






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






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






12. Involving collecting receiving and disseminating information






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






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






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






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






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






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






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






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






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






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






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






24. Entailing making decisions or choices






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






26. 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






27. Mentor - dissemination - spokesperson






28. 1st Top Managers 2nd Middle managers 3rd First-Line Managers 4th Non managerial employees.






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






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






31. 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






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






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






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






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






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






37. 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






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






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






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






41. Making products domestically and selling them abroad






42. 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






43. Figurehead - leader - liaison






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






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






46. 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.






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






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






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






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