Эксперт по сдаче вступительных испытаний в ВУЗах
Перечень вопросов для подготовки к экзамену
1.What is the difference between a sole proprietorship and a partnership? (analyze the formation, control, liability for debts, advantages and disadvantages).
1.What are most people’s main personal assets?
2.How can a sole trader get the capital to set up a business?
3.Why do we say that proprietorship is the simplest form of business organization?
4.Do you agree that a proprietorship can go out of business as easily as it goes in?
5.Is forming a partnership as easy as forming a sole proprietorship? Why (not)?
6.Are these two forms of business organization subject to public report? What authorities must have access to the books of a partnership?
7.What are the advantages of a sole proprietorship in comparison with a partnership?
8.What are the advantages of a partnership in comparison with a sole proprietorship?
9.What are common disadvantages of these two forms of business organization? How was the problem of unlimited liability solved in a partnership in 1907?
10.What are the advantages and disadvantages of being a sleeping(silent) partner?
11.If you were to choose between a sole proprietorship and a partnership, which form would you choose and why?
2. What is the difference between a private and public limited company? (analyze the formation, control, liability for debts, advantages and disadvantages).
1.What is a corporation? What two forms of a corporation are there?
2.What papers must the promoters of limited companies present to the Registrar of Companies?
3.What kind of shares do you know? Are all shareholders guaranteed dividends at the end of the year?
4.What are the main advantages of a limited company (be it private or public)?
5.Why do most writers on small business advise getting professional help from lawyers and accountants when a person starts a private limited company?
6. What can you say about transfer of ownership in a private limited company and in a public limited company?
7.Do the shareholders lose their personal assets if a private limited company goes bankrupt?
8.What are the advantages of a public limited company in comparison with a private limited company?
9.What are the advantages of a private limited company in comparison with a public limited company?
10.Dwell on the process of going public. Why is IPO an expensive thing to do??
11.What can make a business operating as a public limited company exit the stock market?
3.What kinds of organizational structure can a modern company choose as its basis? Speak about the pros and cons of the functional and geographic structure.
1.What is the role of the structure? In what way is the structure connected with the strategy?
2.What organizational structures do you know?
3.What area was the functional structure borrowed from? Why does it still top the list of all organizational structures?
4.What is the main drawback of the functional system and what was done in the 1980s to do away with it?
5.When does restructuring occur? What three conditions does successful restructuring depend on?
6.Why is the functional structure unsuitable for multinational companies?
7.How can local manages capitalize on the geographic structure?
8.How are area managers encouraged to work better?
9.What are the main disadvantages of the geographic structure?
4. Outline the pros and cons of the matrix structure and organization along product lines.
1.Do all multinational companies organize themselves geographically? How is Microsoft organized? Why?
2.What is the structure along product lines characterized by?
3.What are the most notable advantages of matrix structure? What companies can benefit most from them?
4.With a matrix structure people have to report to two people – their boss in the functional structure and their project manager/team leader in the matrix one. What problems can you imagine in this connection?
5.Can matrix structure be described as a simple one? How can difficulties be avoided?
6.What companies usually organize their business by product?
7.What advantage of the structure along product lines may improve the overall performance of the organization and why?
8.There is a method which is similar to organizing a business by product. It involves grouping together employees who deal with a specific customer or group. How is it called? When is this method particularly useful?
9.There are two main approaches to business: centralization and decentralization. What is implied by these approaches? What are their main advantages?
10.Do you think people from certain cultures would favour one kind of structure over another? Can you give any examples and reasons for that?
11.Why do companies opt for a hybrid of organizational structures?
12.What kind of organizational structure would you prefer to work in and why?
5. What are the recruitment forms a company can use to find new employees? What selection methods are the most effective?
1.What are the main methods of recruitment? What forms of internal recruitment can you think of?
2.What are the main advantages of internal recruitment?
3.Why is it necessary to recruit from outside the organization? What is the commonly used technique for recruiting people from outside?
4.What is the difference between a recruitment agency and a firm of headhunters?
5.Why is it difficult for a graduate to find a job? What methods of looking for a job can you advise him to choose? What specific methods are used by recruiters to attract graduates to fill in the vacancies?
6.What techniques are traditionally used in recruitment? How long is usually a typical interview? How fast do decision-makers make their choice?
7.Why have some companies shifted from interviewing to testing? What is the purpose of psychometric tests?
8.In what way do approaches to selection differ across cultures?
9.What management skills and qualities are emphasized in different cultures?
10.Decipher the SWAN criteria. Do they have international validity?
11.What two qualities have international validity and why?
6. What is the difference between a manager and a leader? Which leadership qualities can be acquired and which must you be born with? What are the three modern management styles?
1.Why is leadership needed at all levels of organization?
2.What qualities of a leader were needed in the past? What qualities of a leader are needed now? What factors have influenced change of priorities?
3. What leaders do modern businesses require? What should be done to instill these qualities?
4.Leadership is traditionally considered to be an inborn quality. Is it possible to teach those skills? Are you a leader or a follower by nature?
5.What types of leaders do you know? What management style is typical of a task-motivated leader/ a relationship-motivated leader?
6.What does it mean “to delegate authority”? Does it have any benefits for the boss/ the employees? What management style is empowerment typical of?
7.Should a leader be good at team-building? What kind of people should be included in a team and why? What role would you prefer and why?
8.Which of the three management styles would you prefer to use as a manager/ experience as an employee? Why?
