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 other organization the right for a fee to use its name and operating methods






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






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






4. Entrepreneur - Disturbance handler - resource allocator - negortiator






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






6. Involving collecting receiving and disseminating information






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






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






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






10. 1st Top Managers 2nd Middle managers 3rd First-Line Managers 4th Non managerial employees.






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






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






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






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






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






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






17. Goals - People and Structure






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






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






20. Mentor - dissemination - spokesperson






21. 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






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






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






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






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. A managers ability to analyze and diagnose complex situations






27. Acquiring products made abroad and selling them domestically






28. 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.






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






30. 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






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






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






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






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






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






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






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






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






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






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






41. 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






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






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






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






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






46. 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






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






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






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






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