Exam 2: Fundamentals of Planning

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Planning is most closely related to organizing.

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The planning done by top managers is narrower in scope than the planning done at the supervisory level.

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Which of the following is the third step in planning?

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The critical path is the series of scheduled activities that require the shortest period of time.

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What is contingency planning, and why is it important?

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Effective managers never make assumptions about the future while planning.

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Planning involves the use of administrative skills only.

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Unified planning:

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The first step in planning is setting an objective or goal.

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Standing plans are also known as repeat-use plans.

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Planning at the higher level generally is less complex and involves less uncertainty than planning at supervisory levels.

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A _____ outlines the steps to be performed when a particular course of action is taken.

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Which of the following is true of guidelines to be followed while setting objectives?

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A _____ is a guide to decision making-a way to provide consistency among decision makers.

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The type of planning that is usually done by top management and is for a period of five years or more into the future, is known as:

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Supervisors are involved with short-term planning that usually spans a timeframe of one day to six months.

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It is always advisable for managers to solve problems as they arise rather than to spend working hours making long term plans.

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Explain how planning differs at top, middle, and supervisory management levels.

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_____ are inflexible and must be obeyed.

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A program is a large-scale plan that involves a mix of objectives, policies, rules, and smaller projects.

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