Exam 8: Foundations of Planning

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________ is a process of setting mutually-agreed upon goals and using those goals to evaluate employee performance.

(Multiple Choice)
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A manager's analysis of the external environment can be improved by ________, which involves screening information to detect emerging trends.

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Long-term plans are those with a time frame beyond three years.

(True/False)
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Downs wants to formulate a plan that lays out general guidelines for his employees and leaves room for interpretation.Which of the following types of plans would best suit his requirement?

(Multiple Choice)
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The ________ Act makes it a crime in the United States to engage in stealth of a trade secret.

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In an uncertain environment, managers should develop plans that are specific, but flexible.

(True/False)
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The effect of planning on managers is that it forces them to ________.

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A ________ is a broad statement of an organization's purpose that provides an overall guide to what organizational members think is important.

(Multiple Choice)
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Which of the following is an example of a standing plan?

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What plans are preferable when uncertainty is high in the business environment?

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Dynamic environments require a flatter organizational hierarchy in order to plan effectively.

(True/False)
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Which of the following is one of the problems associated with traditional goal setting?

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In a short essay, describe the different classifications of plans.

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Stated goals are those that an organization actually pursues.

(True/False)
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When making editorial decisions for his newspaper, Robert Downs mostly picks issues that are in line with his political beliefs and those that his advertisers approve of.For instance, he recently chose not to publish a story about how a large local manufacturer, one of the paper's biggest advertisers, was flouting environmental regulations.This indicates that ________.

(Multiple Choice)
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