Question 1

Much forecasting is based on __________.

Accepted Answer

A)  simulation 
B)  extrapolation 
C)  scenarios 
D)  the Delphi technique 
A)  simulation 
B)  extrapolation 
C)  scenarios 
D)  the Delphi technique

Question 2

In the Delphi study related to the forecast of globalization, the second round of the Delphi technique focused on those statements for which there was agreement between the panelists.

Accepted Answer

A) True 
 B)False

Question 3

All planning and decision making needs to be supported strongly by __________.

Accepted Answer

A)  efficacy 
B)  creativity 
C)  rules 
D)  entropy 
A)  efficacy 
B)  creativity 
C)  rules 
D)  entropy

Question 4

The number of experts who participate in the Delphi technique may range from only a few to more than 100, depending on the scope of the study. A range of __________ is recommended for a very focused issue.

Accepted Answer

A)  10 to 15 
B)  15 to 30 
C)  20 to 35 
D)  40 to 60 
A)  10 to 15 
B)  15 to 30 
C)  20 to 35 
D)  40 to 60

Question 5

The Deming cycle is comprised of four stages: plan, do, study, and act.

Accepted Answer

A) True 
 B)False

Question 6

At Southwest Airlines, a financial measure, such as "lower costs," is related to an operations measure, such as _____________.

Accepted Answer

A)  "best in class" 
B)  "facilitate process improvement" 
C)  "fast ground turnaround" 
D)  "reduce customer wait-time" 
A)  "best in class" 
B)  "facilitate process improvement" 
C)  "fast ground turnaround" 
D)  "reduce customer wait-time"

Question 7

A competitor scenario presents various actions that might be taken in response to competitive forces.

Accepted Answer

A) True 
 B)False

Much forecasting is based on __________.

In the Delphi study related to the forecast of globalization, the second round of the Delphi technique focused on those statements for which there was agreement between the panelists.

All planning and decision making needs to be supported strongly by __________.

The number of experts who participate in the Delphi technique may range from only a few to more than 100, depending on the scope of the study. A range of __________ is recommended for a very focused issue.

The Deming cycle is comprised of four stages: plan, do, study, and act.

At Southwest Airlines, a financial measure, such as "lower costs," is related to an operations measure, such as _____________.

A competitor scenario presents various actions that might be taken in response to competitive forces.

Developing Managerial Competencies

Learning From the History of Management Thought

Ethics and Social Responsibility

Assessing the Environment

Managing Globally

Fostering Entrepreneurship

Planning and Control

Fundamentals of Decision Making

Achieving Organizational Control

Designing Organizations

Guiding Organizational Change and Innovation

Managing Human Resources

Motivating Emlpoyees

Dynamics of Leadership

Communicating Effectively

Working in Teams

Understanding Organizational Culture and Cultural Diversity

Filters

Exam 9: Using Planning and Decision Aids

Much forecasting is based on __________.

In the Delphi study related to the forecast of globalization, the second round of the Delphi technique focused on those statements for which there was agreement between the panelists.

All planning and decision making needs to be supported strongly by __________.

The number of experts who participate in the Delphi technique may range from only a few to more than 100, depending on the scope of the study. A range of __________ is recommended for a very focused issue.

The Deming cycle is comprised of four stages: plan, do, study, and act.

At Southwest Airlines, a financial measure, such as "lower costs," is related to an operations measure, such as _____________.

A competitor scenario presents various actions that might be taken in response to competitive forces.

Developing Managerial Competencies

Learning From the History of Management Thought

Ethics and Social Responsibility

Assessing the Environment

Managing Globally

Fostering Entrepreneurship

Planning and Control

Fundamentals of Decision Making

Achieving Organizational Control

Designing Organizations

Guiding Organizational Change and Innovation

Managing Human Resources

Motivating Emlpoyees

Dynamics of Leadership

Communicating Effectively

Working in Teams

Understanding Organizational Culture and Cultural Diversity

Filters