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






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






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






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






5. A narrow focus in which managers see thing only through their own eyes and from their own perspective






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






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






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






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






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






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






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






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






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






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






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






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






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






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






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






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






22. 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






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






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






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






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






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






28. 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






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






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






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






32. 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






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






34. 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






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






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






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






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






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






40. 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.






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






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






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






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






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






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






47. Acquiring products made abroad and selling them domestically






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






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






50. Goals - People and Structure