Exam 6: Basic Elements of Planning and Decision Making

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____________________ may also be inappropriate if they place too much emphasis on either quantitative or qualitative measures of success.

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Goals

The check list a pilot uses every time she starts an aircraft is a(n)____________________.

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standard operating procedure

Black Entertainment Television's target audience is 18- to 34-year-old males,because advertisers spend more money on younger consumers.High ratings with that viewership is a(n)____.

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A

Time frames vary widely from industry to industry.

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Who has the formal authority and responsibility for an organization's management?

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Single-use plans are referred to as policies.

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Deciding on the best plan for achieving particular ____________________ reflects a decision to adopt one course of action as opposed to others.

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Match the following.You may use a response once,more than once,or not at all. -Developed to carry out a course of action not likely to be repeated in the future

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Goals set for a new product launch are called

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The purpose of formal goal setting is generally to give managers a chance to tell employees what their goals are and how they will accomplish the objectives.

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

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Which of the following would be most likely to cause employees to ignore intermediate- and long-term planning?

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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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Describe the formal goal setting process.

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A(n)____ for Choice Waste Management could be to include a flyer in each bill that explains the Do's and Don'ts of Recycling and to put the information on the web page where customers pay online.It would develop naturally out of a tactical goal seeking "to develop a recycling campaign for rural communities of less than 1,000 customers."

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Engelhard has just learned of a hostile takeover attempt from BASF.Engelhard needs to develop a(n)____ plan to thwart this attempted acquisition.

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Starbucks' store managers decide how to customize snacks to the local market.They create the ____ plan.

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Which of the following is the BEST example of a standard operating procedure?

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A ____ was developed when Chicago made a bid for the 2016 Summer Olympics.

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Which of the following statements most correctly reflects the relationship between goal setting and planning?

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