Question 1

________ forecasting applies a set of mathematical rules to a series of past data to predict outcomes.

Accepted Answer

A) Qualitative 
B) Revenue 
C) Technological 
D) Quantitative 
E) Expense 
A) Qualitative 
B) Revenue 
C) Technological 
D) Quantitative 
E) Expense

Question 2

If a manager wanted to predict the effect of microwave ovens on the sale of conventional ovens, he would probably use the quantitative technique termed ________.

Accepted Answer

A) time series analysis 
B) sales force composition 
C) regression models 
D) econometric models 
E) substitution effect 
A) time series analysis 
B) sales force composition 
C) regression models 
D) econometric models 
E) substitution effect

Question 3

According to the textbook, ________ plans can be described as long term, directional and single use.

Accepted Answer

A) operational 
B) long-term 
C) strategic 
D) specific 
E) directional 
A) operational 
B) long-term 
C) strategic 
D) specific 
E) directional

Question 4

A manager in the computer software industry should display what type of attitude concerning planning?

Accepted Answer

A) She should remain fixed on set plans. 
B) She should be flexible. 
C) She should focus on long-term plans. 
D) She should increase the focus on minute details. 
E) She should concentrate on operational plans. 
A) She should remain fixed on set plans. 
B) She should be flexible. 
C) She should focus on long-term plans. 
D) She should increase the focus on minute details. 
E) She should concentrate on operational plans.

Question 5

What does the evidence suggest about organisations that plan compared to organisations that do not plan?

Accepted Answer

A) Planning organisations always outperform non-planning organisations. 
B) Non-planning organisations always outperform planning organisations. 
C) Planning organisations generally outperform non-planning organisations. 
D) Non-planning organisations generally outperform planning organisations. 
E) They generally perform at about the same level. 
A) Planning organisations always outperform non-planning organisations. 
B) Non-planning organisations always outperform planning organisations. 
C) Planning organisations generally outperform non-planning organisations. 
D) Non-planning organisations generally outperform planning organisations. 
E) They generally perform at about the same level.

Question 6

Project management is the task of getting a project's activities done on time, within budget and ________.

Accepted Answer

A) of following directions 
B) of making adjustments in plans 
C) within a defined legal framework 
D) according to specifications 
E) within the limits of city engineering 
A) of following directions 
B) of making adjustments in plans 
C) within a defined legal framework 
D) according to specifications 
E) within the limits of city engineering

Question 7

According to the textbook, which of the following goals can be found in an organisation's charter, annual report, public relations announcements or in public statements made by managers?

Accepted Answer

A) real goals 
B) committed goals 
C) comprehensive goals 
D) stated goals 
E) expanded goals 
A) real goals 
B) committed goals 
C) comprehensive goals 
D) stated goals 
E) expanded goals

Question 8

When we categorise plans as being directional versus specific, we are categorising them by ________.

Accepted Answer

A) breadth 
B) specificity 
C) frequency of use 
D) depth 
E) time frame 
A) breadth 
B) specificity 
C) frequency of use 
D) depth 
E) time frame

Question 9

Which of the following is a suggestion for improving forecasting effectiveness?

Accepted Answer

A) Develop a single and effective method. 
B) Pay attention to trend turning points. 
C) Develop complex and detailed mathematical models. 
D) Develop a 'moderate change' forecast as a base estimate. 
E) Shorten the length of forecasts. 
A) Develop a single and effective method. 
B) Pay attention to trend turning points. 
C) Develop complex and detailed mathematical models. 
D) Develop a 'moderate change' forecast as a base estimate. 
E) Shorten the length of forecasts.

Question 10

Quantitative forecasting applies a set of mathematical rules to ________.

Accepted Answer

A) developing predictions of outcomes from customers' opinions 
B) a series of past data to predict outcomes 
C) analyse what has happened in the past and predict when it will occur again 
D) determine if customers prefer one product compared to another product 
E) estimate the number of products that should be produced at a given time 
A) developing predictions of outcomes from customers' opinions 
B) a series of past data to predict outcomes 
C) analyse what has happened in the past and predict when it will occur again 
D) determine if customers prefer one product compared to another product 
E) estimate the number of products that should be produced at a given time

Question 11

Organisational planning is concerned with how objectives are to be accomplished, not what is to be accomplished.

Accepted Answer

A) True 
 B)False

Question 12

Which of the following is the foundation of planning?

Accepted Answer

A) employees 
B) goals 
C) outcomes 
D) computers 
E) the planning department 
A) employees 
B) goals 
C) outcomes 
D) computers 
E) the planning department

Question 13

Formal planning involves which of the following aspects?

Accepted Answer

A) developing general objectives 
B) planning for up to one year 
C) writing objectives 
D) distributing the plan to all managerial employees 
E) carrying out the goals as each manager thinks is best 
A) developing general objectives 
B) planning for up to one year 
C) writing objectives 
D) distributing the plan to all managerial employees 
E) carrying out the goals as each manager thinks is best

Question 14

Traditional formal planning involves organisational members at various levels.

Accepted Answer

A) True 
 B)False

Question 15

As managers move up the organisational hierarchy, their planning role tends to become oriented with what type of planning?

Accepted Answer

A) strategic 
B) directional 
C) single use 
D) operational 
E) standing 
A) strategic 
B) directional 
C) single use 
D) operational 
E) standing

Question 16

Organisational planning integrates and coordinates work.

Accepted Answer

A) True 
 B)False

Question 17

Operational planning is usually accomplished by upper management.

Accepted Answer

A) True 
 B)False

________ forecasting applies a set of mathematical rules to a series of past data to predict outcomes.

If a manager wanted to predict the effect of microwave ovens on the sale of conventional ovens, he would probably use the quantitative technique termed ________.

According to the textbook, ________ plans can be described as long term, directional and single use.

A manager in the computer software industry should display what type of attitude concerning planning?

What does the evidence suggest about organisations that plan compared to organisations that do not plan?

Project management is the task of getting a project's activities done on time, within budget and ________.

According to the textbook, which of the following goals can be found in an organisation's charter, annual report, public relations announcements or in public statements made by managers?

When we categorise plans as being directional versus specific, we are categorising them by ________.

Which of the following is a suggestion for improving forecasting effectiveness?

Quantitative forecasting applies a set of mathematical rules to ________.

Organisational planning is concerned with how objectives are to be accomplished, not what is to be accomplished.

Which of the following is the foundation of planning?

Formal planning involves which of the following aspects?

Traditional formal planning involves organisational members at various levels.

As managers move up the organisational hierarchy, their planning role tends to become oriented with what type of planning?

Organisational planning integrates and coordinates work.

Operational planning is usually accomplished by upper management.

Introduction to Organisations and Management

Management Yesterday and Today

Environment and Organisational Culture: the Constraints

Managing in a Global Environment

Social Responsibility and Managerial Ethics

Managers As Decision Makers

Managing Change and Innovation

Strategic Management

Managerial Controls

Managing Operations

Organisational Structure and Design

Managing Teams

Managing Human Resources

Understanding Individual Behaviour

Managers and Communication

Motivating Employees

Managers As Leaders

Filters

Exam 8: Foundations of Planning

________ forecasting applies a set of mathematical rules to a series of past data to predict outcomes.

If a manager wanted to predict the effect of microwave ovens on the sale of conventional ovens, he would probably use the quantitative technique termed ________.

According to the textbook, ________ plans can be described as long term, directional and single use.

A manager in the computer software industry should display what type of attitude concerning planning?

What does the evidence suggest about organisations that plan compared to organisations that do not plan?

Project management is the task of getting a project's activities done on time, within budget and ________.

According to the textbook, which of the following goals can be found in an organisation's charter, annual report, public relations announcements or in public statements made by managers?

When we categorise plans as being directional versus specific, we are categorising them by ________.

Which of the following is a suggestion for improving forecasting effectiveness?

Quantitative forecasting applies a set of mathematical rules to ________.

Organisational planning is concerned with how objectives are to be accomplished, not what is to be accomplished.

Which of the following is the foundation of planning?

Formal planning involves which of the following aspects?

Traditional formal planning involves organisational members at various levels.

As managers move up the organisational hierarchy, their planning role tends to become oriented with what type of planning?

Organisational planning integrates and coordinates work.

Operational planning is usually accomplished by upper management.

Introduction to Organisations and Management

Management Yesterday and Today

Environment and Organisational Culture: the Constraints

Managing in a Global Environment

Social Responsibility and Managerial Ethics

Managers As Decision Makers

Managing Change and Innovation

Strategic Management

Managerial Controls

Managing Operations

Organisational Structure and Design

Managing Teams

Managing Human Resources

Understanding Individual Behaviour

Managers and Communication

Motivating Employees

Managers As Leaders

Filters