Exam 7: Basic Elements of Planning and Decision Making

How are decision making and planning related?

Home Depot's marketing department could set a(n)____ to create an Internet advertisement for a sale within the next two weeks.

According to the planning process described in the text,operational plans flow directly from

An organization can use management by objectives (MBO)to implement plans.

Middle managers are most closely associated with organizational plans at the ____ level.

A contingency plan is usually done as an action plan.

The owners of the Pizza Place set a goal of expanding into five new markets over the next three years.What kind of goal is this?

Executives at Lululemon Athletica have just written a plan that allocates a large part of the firm's cash to a new product line.They have done this because they feel that they can get a real advantage over their competition and that the new product line will have a synergistic effect when combined with current products.What kind of plan is this?

An earthquake in India destroyed a plant that manufactured component parts for the milling equipment that Addison Company sells.As a result of this unexpected event,Addison's production manager had to write a short-range ____________________ plan.

____________________ and ____________________ are two common types of single-use plans. or

A(n)____ for Choice Waste Management could be "to develop a recycling campaign for rural communities of less than 1000 customers." It would develop naturally out of a strategic goal "to increase recycling by 10% everywhere."

Starbucks' middle managers responsible for joint venture agreements with bookstores,hotels and airports work from a(n)____ plan.

American auto makers have three to five years to improve fuel efficiency to new government standards.The auto makers need a(n)____________________ plan.

The NFL follows a general response ____________________ when players have legal trouble.

While Tupperware wanted to increase its sales,its consultants were reluctant to support any change that could reduce their commissions.This is an example of which of the following barriers to goal setting and planning?

Goals set for broad general issues are called

____ involves balancing and reconciling possible conflicts among goals.

Standard operating procedures and rules and regulations can serve as a substitute for decision making.

Decision making is the cornerstone of ____________________.

The ____ is the single most important individual in any organization's planning process.