Exam 7: Foundations of Planning

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Managers who continue to do the things required to achieve the original goals of a plan ________.

(Multiple Choice)
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Amana Highway Collaborative (Scenario) The Regional Planning Council convened a group of stakeholders, including the Department of Transportation and the Department of Community Affairs, who are interested in working together on improving a major highway called Amana Highway. Firas is the senior planner for the Regional Planning Council. Firas successfully obtained a technical assistance grant. The intent is to organize the 15 small communities along Amana Highway into an intergovernmental unit. All of the communities will share the same visioning processes of mission, objectives, and tasks. Firas is now charged with developing a strategic plan for this group, called the Amana Highway Collaborative. -While each community in the Amana Highway Collaborative maintains its identity and independence, Firas believes that the leverage of multi-governmental applications will ultimately secure more major funding in the future. However, due to the intergovernmental nature of the organization, Firas, although in charge of the collaborative, wields little direct power over any community member individually. Which contingency factor best represents Firas' situation?

(Multiple Choice)
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The commitment concept means that plans should extend far enough to meet those commitments ________.

(Multiple Choice)
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Most businesses have only one objective: to make a profit.

(True/False)
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With traditional goal setting, the goals are set at the top level of management and ________.

(Multiple Choice)
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'Short-term' plans are those covering one year or less.

(True/False)
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Goals are objectives, ________.

(Multiple Choice)
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Strategic goals are related to the financial performance of the organization.

(True/False)
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Formal plans serve as a roadmap although the destination may be changing constantly due to ________.

(Multiple Choice)
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The more the current plans affect future commitments, the longer the time frame for which managers should plan.

(True/False)
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In a short essay, list and discuss the four reasons for planning.

(Essay)
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Planning is often called the primary management function because it ________.

(Multiple Choice)
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Managers must be able to follow through with plans even if conditions change.

(True/False)
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One criticism of planning is that it's not enough for managers just to plan.

(True/False)
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Goals are the foundation of organizational planning.

(True/False)
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An organization's real goals are often quite irrelevant to what actually goes on.

(True/False)
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A well-designed goal should be measurable and quantifiable.

(True/False)
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Planning involves two important elements: ________.

(Multiple Choice)
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Operational plans encompass a particular operational area of the organization.

(True/False)
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In today's dynamic business environment, successful firms recognize that planning is an ongoing process, not a tablet of rules cast in stone.

(True/False)
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