Exam 7: Managerial Planning and Goal Setting

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Standing plans define company responses to specific situations such as natural emergencies or competitive setbacks.

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_____ are designed to help execute major strategic plans and to accomplish a specific part of the company's strategy.

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Tactical plans

_____ is the act of determining the organization's goals and the means for achieving them.

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_____ is the first step in the MBO process.

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_____ plans are developed to achieve a set of goals that are not likely to be repeated in the future.

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_____ involves looking at trends and discontinuities and imagining possible alternative future to build a framework within which unexpected future events can be managed.

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"We seek to become the premier business school in the west" is an example of a statement you are most likely to find in the organization's _____.

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CASE Scenario - Katelynn Kareem Managers at Alba Corp. just announced that the new management program would be focused around MBO concepts. Katelynn Kareem had been a manager at Alba Corp. for ten years and she was not certain if this new MBO approach was going to fit her department. She had strong commitment to achieving the company's objectives, but she also knew her employees well enough to know that some didn't share the same commitment. -Katelynn can anticipate enjoying the advantages of MBO which include:

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Silver Star Automobiles holds monthly planning and operational reviews to ensure that it is on track for meeting organizational goals. This involves which stage of the organizational planning process?

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What are the two stages of crisis management?

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The mission is the basis for the strategic level of goals and plans, which in turn shapes the tactical and operational level.

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List the five characteristics of effective goals.

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Managers work with planning experts to develop their own goals and plans in decentralized planning.

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CASE Scenario - Katelynn Kareem Managers at Alba Corp. just announced that the new management program would be focused around MBO concepts. Katelynn Kareem had been a manager at Alba Corp. for ten years and she was not certain if this new MBO approach was going to fit her department. She had strong commitment to achieving the company's objectives, but she also knew her employees well enough to know that some didn't share the same commitment. -What can Katelynn expect to be doing during the final step of the MBO process?

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Which of the following is NOT a tool for executing a plan?

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_____ is the final step in the MBO process.

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A project is an example of a:

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Darren set goals for each of his employees. Each employee ended up with at least twenty-five goals. This process violates which of the following criteria for effective goals?

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You are violating which of these goal characteristics when you attempt to create goals for every aspect of employee behavior?

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Trend management is looking at trends and discontinuities and imagining possible alternative futures.

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