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






2. Involving collecting receiving and disseminating information






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






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






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






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






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






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






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






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






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






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






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






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






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






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






17. Making products domestically and selling them abroad






18. 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






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






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






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






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






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






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






25. 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






26. Goals - People and Structure






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






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






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






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






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






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






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






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






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






36. 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.






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






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






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






40. Entailing making decisions or choices






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






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






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






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






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






46. Acquiring products made abroad and selling them domestically






47. 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






48. 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






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






50. 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