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






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. Figurehead - leader - liaison






5. 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.






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






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






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






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






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






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






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






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






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






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






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






17. 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






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. Acquiring products made abroad and selling them domestically






20. Goals - People and Structure






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






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






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






24. 1st Top Managers 2nd Middle managers 3rd First-Line Managers 4th Non managerial employees.






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






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






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






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






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






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






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






32. 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






33. 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






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






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






36. Involving collecting receiving and disseminating information






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






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






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






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






41. A managers ability to analyze and diagnose complex situations






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






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






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






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






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






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






48. Entailing making decisions or choices






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






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