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






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






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






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






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






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






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






8. 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






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






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






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






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






13. 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






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






15. 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






16. Entrepreneur - Disturbance handler - resource allocator - negortiator






17. 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






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






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






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






21. A managers ability to analyze and diagnose complex situations






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






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






24. Acquiring products made abroad and selling them domestically






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






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






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






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






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






30. Figurehead - leader - liaison






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






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






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






34. 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






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






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






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






38. 1st Top Managers 2nd Middle managers 3rd First-Line Managers 4th Non managerial employees.






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






40. Mentor - dissemination - spokesperson






41. 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






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






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






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






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






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






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






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






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






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