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






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






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






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






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






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






7. Involving collecting receiving and disseminating information






8. 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.






9. 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






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






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






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






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






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






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






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






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






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






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






20. 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






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






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






23. 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






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






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






26. 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






27. Entrepreneur - Disturbance handler - resource allocator - negortiator






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






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






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






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






32. Figurehead - leader - liaison






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






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






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






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






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






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






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






40. 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






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






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






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






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






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






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






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






48. Goals - People and Structure






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






50. 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