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






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






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






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






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






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






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






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






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






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






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






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






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






14. 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






15. Doing the right things or completing activities so that organizational goals are attained






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






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






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






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






20. Acquiring products made abroad and selling them domestically






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






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






23. 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






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






25. 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






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






27. 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






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






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






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






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






32. Planning - Organizing - Leading - Controlling Middle ACHIEVING THE ORGANIZATIONS STATES PURPOSE.






33. 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






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






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






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






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






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






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






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






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






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






43. 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






44. 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






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






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






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






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






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






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