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. 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






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






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






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






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






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






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






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






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






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






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






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






13. 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






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






15. Goals - People and Structure






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






17. 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






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






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






20. 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






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






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






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






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






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






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






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






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






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






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






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






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






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






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






35. Making products domestically and selling them abroad






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






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






38. A managers ability to analyze and diagnose complex situations






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






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






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






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






43. Entailing making decisions or choices






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






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






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






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






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






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






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