Question 1

Top management is responsible for developing long-term:

Accepted Answer

A)  standing plans 
B)  tactical plans 
C)  operational plans 
D)  strategic plans 
E)  mission statements 
A)  standing plans 
B)  tactical plans 
C)  operational plans 
D)  strategic plans 
E)  mission statements D

Question 2

Managers can monitor __________ to track progress toward goal achievement.

Accepted Answer

A)  action plans and their implementation 
B)  proximal and distal goals 
C)  one-way and two-way evaluative techniques 
D)  framing and non-framing goals 
E)  open-ended and close-ended techniques 
A)  action plans and their implementation 
B)  proximal and distal goals 
C)  one-way and two-way evaluative techniques 
D)  framing and non-framing goals 
E)  open-ended and close-ended techniques B

Question 3

One method of weighting decision criteria uses ______, which is a process where each decision criterion is compared directly to every other criterion.

Accepted Answer

A)  absolute comparisons 
B)  relative comparisons 
C)  valences 
D)  minimum threshold rule 
E)  comparative ranking scales 
A)  absolute comparisons 
B)  relative comparisons 
C)  valences 
D)  minimum threshold rule 
E)  comparative ranking scales B

Question 4

Which of the following statements explains why groups can produce better solutions than individuals in decision-making situations?

Accepted Answer

A)  Formal groups have no group norms. 
B)  Groups cannot experience information overload. 
C)  Groups become committed to solutions they help choose. 
D)  Groups take additional time to carefully evaluate all options. 
E)  All of these are reasons why groups can produce better solutions than individuals in a decision-making situation. 
A)  Formal groups have no group norms. 
B)  Groups cannot experience information overload. 
C)  Groups become committed to solutions they help choose. 
D)  Groups take additional time to carefully evaluate all options. 
E)  All of these are reasons why groups can produce better solutions than individuals in a decision-making situation.

Question 5

Management by objectives (MBO) is a management technique often used to develop and carry out_______plans.

Accepted Answer

A)  single-use 
B)  standing 
C)  operational 
D)  tactical 
E)  hierarchical 
A)  single-use 
B)  standing 
C)  operational 
D)  tactical 
E)  hierarchical

Question 6

Which of the following is the most specific type of standing plan?

Accepted Answer

A)  policies 
B)  procedures 
C)  rules and regulations 
D)  forecasts 
E)  MBO plans 
A)  policies 
B)  procedures 
C)  rules and regulations 
D)  forecasts 
E)  MBO plans

Question 7

In the Dephi technique, the members of a panel of experts respond to questions and to each other until reaching agreement on an issue.

Accepted Answer

A) True 
 B)False

Question 8

Tactical plans specify how a company will use resources, budgets, and people to accomplish specific goals within its mission.

Accepted Answer

A) True 
 B)False

Question 9

S.M.A.R.T. goals are Specific, Meaningful, Active, Reachable, and Timely.

Accepted Answer

A) True 
 B)False

Question 10

Both absolute comparisons and relative comparisons are methods for identifying decision criteria.

Accepted Answer

A) True 
 B)False

Question 11

The process of decision making emphasizes the use of systematic procedures to arrive at optimal solutions.

Accepted Answer

A) True 
 B)False

Exam 5: Planning and Decision Making: Part A

Top management is responsible for developing long-term:

Managers can monitor __________ to track progress toward goal achievement.

One method of weighting decision criteria uses ______, which is a process where each decision criterion is compared directly to every other criterion.

Which of the following statements explains why groups can produce better solutions than individuals in decision-making situations?

Management by objectives (MBO) is a management technique often used to develop and carry out_______plans.

Which of the following is the most specific type of standing plan?

In the Dephi technique, the members of a panel of experts respond to questions and to each other until reaching agreement on an issue.

Tactical plans specify how a company will use resources, budgets, and people to accomplish specific goals within its mission.

S.M.A.R.T. goals are Specific, Meaningful, Active, Reachable, and Timely.

Both absolute comparisons and relative comparisons are methods for identifying decision criteria.

The process of decision making emphasizes the use of systematic procedures to arrive at optimal solutions.

Management

Management: Part A

Management: Part B

History of Management

History of Management: Part A

History of Management: Part B

Organizational Environments and Cultures

Organizational Environments and Cultures: Part A

Organizational Environments and Cultures: Part B

Ethics and Social Responsibility

Ethics and Social Responsibility: Part A

Ethics and Social Responsibility: Part B

Planning and Decision Making

Planning and Decision Making: Part B

Organizational Strategy

Organizational Strategy: Part A

Organizational Strategy: Part B

Innovation and Change

Innovation and Change: Part A

Innovation and Change: Part B

Global Management

Global Management: Part A

Global Management: Part B

Designing Adaptive Organizations

Designing Adaptive Organizations: Part A

Designing Adaptive Organizations: Part B

Managing Teams

Managing Teams: Part A

Managing Teams: Part B

Managing Human Resource Systems

Managing Human Resource Systems: Part A

Managing Human Resource Systems: Part B

Managing Individuals and a Diverse Work Force

Managing Individuals and a Diverse Work Force: Part A

Managing Individuals and a Diverse Work Force: Part B

Motivation

Motivation: Part A

Motivation: Part B

Leadership

Leadership: Part A

Leadership: Part B

Managing Communication

Managing Communication: Part A

Managing Communication: Part B

Control

Control: Part A

Control: Part B

Managing Information

Managing Information: Part A

Managing Information: Part B

Managing Service and Manufacturing Operations

Managing Service and Manufacturing Operations: Part A

Managing Service and Manufacturing Operations: Part B

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