Question 1

Effective planning in dynamic environments requires flatter organizational hierarchies.

Accepted Answer

A) True 
 B)False

Question 2

Which of the following is an example of a standing plan?

Accepted Answer

A) retail chain's plan to counter the entry of a new competitor 
B) plan developed to address an unanticipated surge in demand 
C) fire escape policy establishing practices to be followed in an emergency 
D) plan for moving into new facilities 
A) retail chain's plan to counter the entry of a new competitor 
B) plan developed to address an unanticipated surge in demand 
C) fire escape policy establishing practices to be followed in an emergency 
D) plan for moving into new facilities

Question 3

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

Accepted Answer

A) True 
 B)False

Question 4

A-Z Goal Setting and Planning (Scenario)
Organizations ABC and XYZ are both in the same industry and vie for the same set of customers in the marketplace. At ABC, goals are set at the top level of management each year and then broken into subgoals for each organizational level. Similarly, plans are developed at the top level and then reformulated and delegated to managers at the middle and lower levels. At XYZ, goals are developed at the top level, and then those managers meet with their subordinates at the next lower level to establish mutually agreeable goals. The middle managers then meet with the first-level managers to establish mutually agreeable goals. Finally, the first-level managers meet with each of their employees and establish mutually agreeable goals. Annual plans are then developed by organization members at all levels to meet their specific needs.
-Which goal setting approach is used at XYZ?

Accepted Answer

A) management by objectives 
B) specific 
C) traditional goal setting 
D) strategic 
A) management by objectives 
B) specific 
C) traditional goal setting 
D) strategic

Question 5

Two types of plans that are differentiated by their breadth of application are ________.

Accepted Answer

A) directional and specific 
B) single use and standing 
C) long term and short term 
D) strategic and operational 
A) directional and specific 
B) single use and standing 
C) long term and short term 
D) strategic and operational

Question 6

A well-designed goal should be general and easily attainable.

Accepted Answer

A) True 
 B)False

Question 7

Retail Planning (Scenario)
Tyler Nall is president and CEO of a new chain of retail stores that is about to begin operations. During the last couple of months, he has been developing goals and directions for the stores, which will sell moderately priced home furnishings to average-income consumers. The plan is to open 20 to 30 stores in large shopping centres across Canada over the next three years. Tyler and his vice-presidents have decided that each store should have sales equal to or greater than $900 per square metre per day. To attract an adequate number of customers, each store should be:
• located in an out-parcel site of a major shopping mall;
• located at a mall that attracts an average of at least 2,000 customers daily;
• well maintained both inside and out;
• well lit, throughout the store;
• arranged in room settings to highlight the home furnishing decor;
• open from 9 a.m. to 9 p.m. Monday to Saturday, and 1 p.m. to 5 p.m. Sunday;
• staffed with friendly, well-groomed sales personnel dressed in business attire.
-The statement that all stores should be well maintained both inside and out is an example of a(n)________.

Accepted Answer

A) directional plan 
B) specific plan 
C) operational goal 
D) interim goal 
A) directional plan 
B) specific plan 
C) operational goal 
D) interim goal

Question 8

Most organizational goals are either strategic or financial.

Accepted Answer

A) True 
 B)False

Question 9

Which of the following statements is TRUE regarding an organization's goals?

Accepted Answer

A) All organizations share the single goal of making profits. 
B) Using a single goal such as profit may result in unethical behaviours by employees. 
C) Long-term success is ensured if managers emphasize only one goal for an organization. 
D) Short-term success is ensured if managers emphasize multiple goals for the organization. 
A) All organizations share the single goal of making profits. 
B) Using a single goal such as profit may result in unethical behaviours by employees. 
C) Long-term success is ensured if managers emphasize only one goal for an organization. 
D) Short-term success is ensured if managers emphasize multiple goals for the organization.

Question 10

The most popular ways to describe organization's plans are by their breadth,time frame,________.

Accepted Answer

A) depth,and urgency 
B) frequency of use,and urgency 
C) specificity,and frequency of use 
D) flexibility,and attainability 
A) depth,and urgency 
B) frequency of use,and urgency 
C) specificity,and frequency of use 
D) flexibility,and attainability

Effective planning in dynamic environments requires flatter organizational hierarchies.

Which of the following is an example of a standing plan?

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

Two types of plans that are differentiated by their breadth of application are ________.

A well-designed goal should be general and easily attainable.

Most organizational goals are either strategic or financial.

Which of the following statements is TRUE regarding an organization's goals?

The most popular ways to describe organization's plans are by their breadth,time frame,________.

Introduction to Management and Organizations

Organizational Culture and the Organizational Environment

Managing Diversity

Managing in a Global Environment

Managing Entrepreneurially

Managing Responsibly and Ethically

Innovation and Adaptability

Decision Making

Managing Strategically

Designing Organizational Structure

Managers and Communication

Managing Human Resources

Leadership

Motivating Employees

Managing Groups and Teams

Evidence-Based Decision Making

Filters

Exam 9: Foundations of Planning

Effective planning in dynamic environments requires flatter organizational hierarchies.

Which of the following is an example of a standing plan?

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

Two types of plans that are differentiated by their breadth of application are ________.

A well-designed goal should be general and easily attainable.

Most organizational goals are either strategic or financial.

Which of the following statements is TRUE regarding an organization's goals?

The most popular ways to describe organization's plans are by their breadth,time frame,________.

Introduction to Management and Organizations

Organizational Culture and the Organizational Environment

Managing Diversity

Managing in a Global Environment

Managing Entrepreneurially

Managing Responsibly and Ethically

Innovation and Adaptability

Decision Making

Managing Strategically

Designing Organizational Structure

Managers and Communication

Managing Human Resources

Leadership

Motivating Employees

Managing Groups and Teams

Evidence-Based Decision Making

Filters