Exam 7: Basic Elements of Planning and Decision Making

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The ____ of Choice Waste Management Ltd.is "To be the best international integrated leading waste management company¾working in the best competitive environment to deliver the best value and sustainable waste solutions to meet the world's needs."

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You just wrote a short-range plan in support of an intermediate plan.You based this plan on your best estimate of future environmental conditions.What kind of plan did you write?

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Qualcomm has a patent-licensing agreement with Texas Instruments allowing both manufacturers to share patents in cell phone production.This is an example of tactical planning.

(True/False)
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Which of the following is a technique for overcoming barriers to goal setting and planning?

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Employees that are rewarded based on quarterly profit figures will engage in more intermediate and long-range planning than employees who do not receive quarterly bonuses.

(True/False)
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American Airlines planned to spin off American Eagle,a regional carrier.This is an example of a(n)____ plan.

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Disney has a Smartphone app to help visitors navigate Walt Disney World.It helps guests find shorter lines,food,restrooms,etc.The app helps increase guest enjoyment and time in the park,which leads to more revenue.The app is part of the ____ plan for Disney.

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Tactical planning success depends on execution.Proper implementation requires all EXCEPT which of the following?

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Tactical plans are to battles what ____________________ is to a war.

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Which of the following statements BEST reflects the proper approach to goal setting?

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An organization's chief executive officer

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The tactical plan was to increase sales of King bread mixes through the use of sales promotions.The ____ plan done by a marketing manager low in the management hierarchy included the development of a 50-cents-off coupon to go on the outside of each bread mix box.

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Tactical plans are to war what strategy is to battles.

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Tactical planning focuses on resources,environment,and mission,whereas strategic planning focuses primarily on people and action.

(True/False)
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Comcast launched TV One,a station geared to African Americans who are 24 to 54 years old.It does not offer much hip hop.The program selection is part of Comcast's ____ plan.

(Multiple Choice)
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Inappropriate goals

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Tactical plans

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A program is a type of operational plan.

(True/False)
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Strategic plans are the overall plans that describe how the organization will achieve its major goals.

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When the public relations department develops a crisis reaction plan to deal with the media it is developing a reaction plan.

(True/False)
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