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 partnership between an organization and a foreign company partners in which both share resources and knowledge in developing new products of building production facilities.






2. Making products domestically and selling them abroad






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






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






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






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






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






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






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






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






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






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






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






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






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






16. 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






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






18. 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






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






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






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






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






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






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






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






26. Goals - People and Structure






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






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






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






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






31. Involving collecting receiving and disseminating information






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






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






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






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






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






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






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






39. 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






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






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






42. Entrepreneur - Disturbance handler - resource allocator - negortiator






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






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






45. Mentor - dissemination - spokesperson






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






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






48. 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






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






50. Entailing making decisions or choices