Exam 7: Foundations of Planning

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An integrated network of goals is sometimes called a means-end chain.

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To encourage proper planning in Arab societies, Arab managers need to ________.

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Most companies' goals can be classified as either strategic or financial.

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'Long-term' used to mean anything over three years, but now it means anything over one year.

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A-Z Planning (Scenario) Organizations ABC and XYZ are both in the same industry and compete for the same set of customers in the marketplace. At ABC, the plans are made at the top level of management each year and then are formulated for and announced to each of the mid-level and first-level managers. At XYZ, the plans are made at the top, and then those managers meet with their subordinates at the next level and mutually agreed-to goals are established with them. The mid-level managers then meet with their first-level managers and mutually agreed-to goals are established with them. Finally, the first-level managers meet with each of their employees and mutually agreed-to goals are established with them. -Assuming XYZ's hierarchy of goals is clearly defined, the result is ________.

(Multiple Choice)
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Directional plans have clearly defined objectives.

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A well-designed goal should be ________.

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A good understanding of the concept of "Qadar" should lead to no planning for the future.

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When we categorize plans as being directional versus specific, we are categorizing them by ________.

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In a short essay, define management by objectives (MBO) and list four elements of this type of goal setting.

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Standing plans are ongoing plans that provide ________.

(Multiple Choice)
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Strategic plans tend to cover a longer period of time than operational goals and also ________.

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Goals that are too easy to accomplish are not motivating and neither are goals that are not attainable even with exceptional effort.

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In MBO, or 'management by objectives', goals are often less well-defined, giving managers and employees more flexibility to respond to changing conditions.

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Research indicates that nonplanning organizations always outperform planning organizations.

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Goals provide the direction for all management decisions and actions and form the ________.

(Multiple Choice)
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What happens to traditional goals as they make their way down from top management to lower levels?

(Multiple Choice)
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E-Biz Dreams (Scenario) Raja has just completed a Master of Science degree in computer science at Major University. He now wants to begin a new internet business selling his services as a website maker for companies in his home city. He estimates that, if his business idea is a success, within one year he will be employing at a minimum 10 programmers and 2 analysts. -To provide the programmers and analysts general guidelines about the efficiencies that are desired, Raja will have to develop what type of plan?

(Multiple Choice)
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With traditional goal setting, the assumption is that ________.

(Multiple Choice)
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