Question 1

Which of the following is true of contingency planning?

Accepted Answer

A)  The senior manager spearheads this process but with input from the other levels of management. 
B)  This kind of planning is done only by the middle managers. 
C)  The middle management spearheads this process but with input from the first-line management. 
D)  This kind of planning is done only by the first-line managers. 
A)  The senior manager spearheads this process but with input from the other levels of management. 
B)  This kind of planning is done only by the middle managers. 
C)  The middle management spearheads this process but with input from the first-line management. 
D)  This kind of planning is done only by the first-line managers.

Question 2

In the context of management planning, _____ refers to very specific, short-term planning that applies tactical plans to daily, weekly, and monthly functions.

Accepted Answer

A)  operational planning 
B)  strategic planning 
C)  contingency planning 
D)  risk mitigation planning 
A)  operational planning 
B)  strategic planning 
C)  contingency planning 
D)  risk mitigation planning

Question 3

The implementation of strategies in an organization should happen largely through tactical planning. This means that _____ in each key area of the organization must develop plans to carry out core strategies in their area.

Accepted Answer

A)  middle managers 
B)  first-line managers 
C)  supervisory managers 
D)  top managers 
A)  middle managers 
B)  first-line managers 
C)  supervisory managers 
D)  top managers

Question 4

Rebecca is a manager in a large publishing house. She and a few other managers do the tactical planning once the strategic plan is prepared. Rebecca is a _____ manager.

Accepted Answer

A)  general 
B)  middle 
C)  top-level 
D)  first-line 
A)  general 
B)  middle 
C)  top-level 
D)  first-line

Question 5

The span of control is also called the _____.

Accepted Answer

A)  span of association 
B)  span of management 
C)  span of leadership 
D)  span of organization 
A)  span of association 
B)  span of management 
C)  span of leadership 
D)  span of organization

Question 6

Which of the following is a difference between strategic planning and tactical planning?

Accepted Answer

A)  Strategic planning is done by top-level managers, whereas tactical planning is done by middle managers. 
B)  Strategic planning deals with day-to-day manufacturing activities, whereas tactical planning deals with determining a vision. 
C)  Strategic planning focuses on the short-term objectives of a firm, whereas tactical planning focuses on the long-term objectives of a firm. 
D)  Strategic planning deals with determining specific action steps, whereas tactical planning deals with determining broad action steps. 
A)  Strategic planning is done by top-level managers, whereas tactical planning is done by middle managers. 
B)  Strategic planning deals with day-to-day manufacturing activities, whereas tactical planning deals with determining a vision. 
C)  Strategic planning focuses on the short-term objectives of a firm, whereas tactical planning focuses on the long-term objectives of a firm. 
D)  Strategic planning deals with determining specific action steps, whereas tactical planning deals with determining broad action steps.

Question 7

Maslow's hierarchy of needs theory states that people:

Accepted Answer

A)  mostly fulfill their unmet needs through unfair means. 
B)  view their unmet needs as unachievable. 
C)  are only motivated to fulfill the needs that are achievable. 
D)  are motivated to satisfy only unmet needs. 
A)  mostly fulfill their unmet needs through unfair means. 
B)  view their unmet needs as unachievable. 
C)  are only motivated to fulfill the needs that are achievable. 
D)  are motivated to satisfy only unmet needs.

Question 8

Organizations that want to improve the morale of employees tend to have a high degree of centralization.

Accepted Answer

A) True 
 B)False

Question 9

Strategies are defined as action plans that help organizations achieve their goals by forging the best fit between the organization and the environment.

Accepted Answer

A) True 
 B)False

Question 10

In the context of goal setting, the most effective strategic goals can motivate exceptional performance.

Accepted Answer

A) True 
 B)False

Question 11

Which of the following statements is true of strategic planning?

Accepted Answer

A)  It is typically done by first-line managers. 
B)  Implementation of strategies should happen largely through operational planning. 
C)  Evaluation of the results of an organization's strategies should be a continual process. 
D)  It is typically done for a fifteen-year time frame. 
A)  It is typically done by first-line managers. 
B)  Implementation of strategies should happen largely through operational planning. 
C)  Evaluation of the results of an organization's strategies should be a continual process. 
D)  It is typically done for a fifteen-year time frame.

Question 12

The first-line management of a firm includes managers who supervise lower-level managers and report to a higher-level manager.

Accepted Answer

A) True 
 B)False

Question 13

A _____ is an organization with a flexible structure that brings together specialists from different areas of the organization to work on individual projects on a temporary basis.

Accepted Answer

A)  line organization 
B)  bureaucratic organization 
C)  matrix organization 
D)  traditional organization 
A)  line organization 
B)  bureaucratic organization 
C)  matrix organization 
D)  traditional organization

Question 14

According to equity theory, people will be motivated if they believe that the relationship between what they contribute and what they earn is different from the relationship between what others contribute and what others earn.

Accepted Answer

A) True 
 B)False

Question 15

In the context of Maslow's hierarchy of needs theory, the scenario that reflects the fulfillment of the self-actualization needs of an employee is him or her:

Accepted Answer

A)  participating in a fun team activity. 
B)  participating in a campaign to feed the poor. 
C)  availing the gym facility at his or her workplace. 
D)  experiencing a positive work culture. 
A)  participating in a fun team activity. 
B)  participating in a campaign to feed the poor. 
C)  availing the gym facility at his or her workplace. 
D)  experiencing a positive work culture.

Question 16

There is a need for constant communication among managers and employees in matrix organizations.

Accepted Answer

A) True 
 B)False

Question 17

In the context of management planning, _____ refers to specific, short-term planning that applies strategic plans to specific functional areas.

Accepted Answer

A)  contingency planning 
B)  operational planning 
C)  tactical planning 
D)  risk mitigation planning 
A)  contingency planning 
B)  operational planning 
C)  tactical planning 
D)  risk mitigation planning

Question 18

According to Maslow's hierarchy of needs theory, esteem needs refer to the need to realize one's fullest potential.

Accepted Answer

A) True 
 B)False

Question 19

Although, as a manager, Anette may not have the best technical skills, she makes up for it through her excellent communication, team building, and coaching skills. Thus, in the context of management skills, Anette exhibits strong _____.

Accepted Answer

A)  human skills 
B)  intrapersonal skills 
C)  life skills 
D)  cognitive skills 
A)  human skills 
B)  intrapersonal skills 
C)  life skills 
D)  cognitive skills

Question 20

For the evaluation of the results of an organization's strategies to be meaningful, the lessons learned:

Accepted Answer

A)  must help create goals that are easy to achieve. 
B)  must be factored back into the next planning cycle. 
C)  must help define goals in nonnumerical terms. 
D)  must be analyzed by the management subjectively. 
A)  must help create goals that are easy to achieve. 
B)  must be factored back into the next planning cycle. 
C)  must help define goals in nonnumerical terms. 
D)  must be analyzed by the management subjectively.

Which of the following is true of contingency planning?

In the context of management planning, _____ refers to very specific, short-term planning that applies tactical plans to daily, weekly, and monthly functions.

The implementation of strategies in an organization should happen largely through tactical planning. This means that _____ in each key area of the organization must develop plans to carry out core strategies in their area.

Rebecca is a manager in a large publishing house. She and a few other managers do the tactical planning once the strategic plan is prepared. Rebecca is a _____ manager.

The span of control is also called the _____.

Which of the following is a difference between strategic planning and tactical planning?

Maslow's hierarchy of needs theory states that people:

Organizations that want to improve the morale of employees tend to have a high degree of centralization.

Strategies are defined as action plans that help organizations achieve their goals by forging the best fit between the organization and the environment.

In the context of goal setting, the most effective strategic goals can motivate exceptional performance.

Which of the following statements is true of strategic planning?

The first-line management of a firm includes managers who supervise lower-level managers and report to a higher-level manager.

A _____ is an organization with a flexible structure that brings together specialists from different areas of the organization to work on individual projects on a temporary basis.

According to equity theory, people will be motivated if they believe that the relationship between what they contribute and what they earn is different from the relationship between what others contribute and what others earn.

In the context of Maslow's hierarchy of needs theory, the scenario that reflects the fulfillment of the self-actualization needs of an employee is him or her:

There is a need for constant communication among managers and employees in matrix organizations.

In the context of management planning, _____ refers to specific, short-term planning that applies strategic plans to specific functional areas.

According to Maslow's hierarchy of needs theory, esteem needs refer to the need to realize one's fullest potential.

Although, as a manager, Anette may not have the best technical skills, she makes up for it through her excellent communication, team building, and coaching skills. Thus, in the context of management skills, Anette exhibits strong _____.

For the evaluation of the results of an organization's strategies to be meaningful, the lessons learned:

Business Now: Change Is the Only Constant

Economics: The Framework of Business

The World Marketplace: Business Without Borders

Business Ethics Social Responsibility: Doing Well by Doing Good

Business Communication: Creating Delivering Messages That Matter

Business Formation: Choosing the Form That Fits

Small Business Entrepreneurship: Economic Rocket Fuel

Accounting: Decision Making by the Numbers

Finance: Acquiring Using Funds to Maximize Value

Securities Markets: Trading Financial Resources

Marketing: Building Profitable Customer Connections

Product and Promotion: Creating and Communicating Value

Distribution and Pricing: Right Product, Right Person, Right Place, Right Price

Human Resource Management: Building a Top Quality Workforce

Managing Information Technology: Finding New Ways to Learn and Link

Operations Management: Putting It All Together

Appendix :personal-Finance-Appendix

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Exam 14: Management, Motivation, and Leadership: Bringing Business to Life

Which of the following is true of contingency planning?

In the context of management planning, _____ refers to very specific, short-term planning that applies tactical plans to daily, weekly, and monthly functions.

The implementation of strategies in an organization should happen largely through tactical planning. This means that _____ in each key area of the organization must develop plans to carry out core strategies in their area.

Rebecca is a manager in a large publishing house. She and a few other managers do the tactical planning once the strategic plan is prepared. Rebecca is a _____ manager.

The span of control is also called the _____.

Which of the following is a difference between strategic planning and tactical planning?

Maslow's hierarchy of needs theory states that people:

Organizations that want to improve the morale of employees tend to have a high degree of centralization.

Strategies are defined as action plans that help organizations achieve their goals by forging the best fit between the organization and the environment.

In the context of goal setting, the most effective strategic goals can motivate exceptional performance.

Which of the following statements is true of strategic planning?

The first-line management of a firm includes managers who supervise lower-level managers and report to a higher-level manager.

A _____ is an organization with a flexible structure that brings together specialists from different areas of the organization to work on individual projects on a temporary basis.

According to equity theory, people will be motivated if they believe that the relationship between what they contribute and what they earn is different from the relationship between what others contribute and what others earn.

In the context of Maslow's hierarchy of needs theory, the scenario that reflects the fulfillment of the self-actualization needs of an employee is him or her:

There is a need for constant communication among managers and employees in matrix organizations.

In the context of management planning, _____ refers to specific, short-term planning that applies strategic plans to specific functional areas.

According to Maslow's hierarchy of needs theory, esteem needs refer to the need to realize one's fullest potential.

Although, as a manager, Anette may not have the best technical skills, she makes up for it through her excellent communication, team building, and coaching skills. Thus, in the context of management skills, Anette exhibits strong _____.

For the evaluation of the results of an organization's strategies to be meaningful, the lessons learned:

Business Now: Change Is the Only Constant

Economics: The Framework of Business

The World Marketplace: Business Without Borders

Business Ethics Social Responsibility: Doing Well by Doing Good

Business Communication: Creating Delivering Messages That Matter

Business Formation: Choosing the Form That Fits

Small Business Entrepreneurship: Economic Rocket Fuel

Accounting: Decision Making by the Numbers

Finance: Acquiring Using Funds to Maximize Value

Securities Markets: Trading Financial Resources

Marketing: Building Profitable Customer Connections

Product and Promotion: Creating and Communicating Value

Distribution and Pricing: Right Product, Right Person, Right Place, Right Price

Human Resource Management: Building a Top Quality Workforce

Managing Information Technology: Finding New Ways to Learn and Link

Operations Management: Putting It All Together

Appendix :personal-Finance-Appendix

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