Question 1

Examining environmental factors in the planning process helps the firm

Accepted Answer

A)  gain buy-in from those who will implement the plan. 
B)  coordinate the efforts of everyone. 
C)  provide a sense of direction. 
D)  deal with environmental uncertainty. 
A)  gain buy-in from those who will implement the plan. 
B)  coordinate the efforts of everyone. 
C)  provide a sense of direction. 
D)  deal with environmental uncertainty. D

Question 2

NASA's goal to reach the moon, which involved the design and construction of a lunar module, is an example of a single-use plan.

Accepted Answer

A) True 
 B)False  True

Question 3

When planning is conducted by specialists without the participation of other managers, there may be a tendency

Accepted Answer

A)  to generate volumes of paperwork. 
B)  to generate formulas that are not relevant in turbulent times 
C)  to misunderstand the logic. 
D)  all of the above 
A)  to generate volumes of paperwork. 
B)  to generate formulas that are not relevant in turbulent times 
C)  to misunderstand the logic. 
D)  all of the above D

Question 4

The process that helps managers set objectives for the future and map out the activities and means that will make it possible to achieve those objectives is

Accepted Answer

A)  goal setting. 
B)  objective setting. 
C)  implementing. 
D)  planning. 
A)  goal setting. 
B)  objective setting. 
C)  implementing. 
D)  planning.

Question 5

Worthwhile objectives that allow managers to determine whether key outcomes are being reached include which of the following?

Accepted Answer

A)  Profitability targets such as ROI 
B)  Quality goals such as percentage of rejects 
C)  Innovation outcomes such as number of patents 
D)  all of the above 
A)  Profitability targets such as ROI 
B)  Quality goals such as percentage of rejects 
C)  Innovation outcomes such as number of patents 
D)  all of the above

Question 6

Which of the following is not considered a benefit of planning?

Accepted Answer

A)  Planning requires managers to assess the external environment to better respond to challenges. 
B)  An effective planning process provides an opportunity to separate the planners from the implementers. 
C)  The planning goals give organizational members a sense of direction and purpose. 
D)  Planning may help the firm reduce uncertainty by forcing managers to think long term. 
A)  Planning requires managers to assess the external environment to better respond to challenges. 
B)  An effective planning process provides an opportunity to separate the planners from the implementers. 
C)  The planning goals give organizational members a sense of direction and purpose. 
D)  Planning may help the firm reduce uncertainty by forcing managers to think long term.

Question 7

What is scenario planning?

Accepted Answer

Scenario planning is also known as conti

Question 8

The performance targets set during the planning cycle are

Accepted Answer

A)  goals. 
B)  procedures. 
C)  budgets. 
D)  objectives. 
A)  goals. 
B)  procedures. 
C)  budgets. 
D)  objectives.

Question 9

What is the planning step that shows the intended actions that will be carried out?

Accepted Answer

A)  Objectives 
B)  Actions 
C)  Resources 
D)  Implementation 
A)  Objectives 
B)  Actions 
C)  Resources 
D)  Implementation

Question 10

Contrast formal planning and opportunistic planning.

Accepted Answer

Formal planning systems are designed to

Question 11

Since the planning process prioritizes goals, desired objectives seldom work at cross-purposes.

Accepted Answer

A) True 
 B)False

Question 12

Synergy is

Accepted Answer

A)  the degree to which the strategic action plan takes a long-term view of the future and moves the company in that direction. 
B)  the extent to which the higher level goals reflect top management's personal philosophy. 
C)  the extent to which the strategic action plan fits with organizational characteristics and the external environment. 
D)  the integration of the efforts of various organizational subunits to better accomplish corporate-wide business objectives. 
A)  the degree to which the strategic action plan takes a long-term view of the future and moves the company in that direction. 
B)  the extent to which the higher level goals reflect top management's personal philosophy. 
C)  the extent to which the strategic action plan fits with organizational characteristics and the external environment. 
D)  the integration of the efforts of various organizational subunits to better accomplish corporate-wide business objectives.

Question 13

What are the goals or targets that the firm wishes to accomplish within a stated amount of time?

Accepted Answer

A)  Objectives 
B)  Actions 
C)  Resources 
D)  Implementation 
A)  Objectives 
B)  Actions 
C)  Resources 
D)  Implementation

Question 14

What is MBO? What are the key steps of the MBO cycle?

Accepted Answer

MBO stands for management by objectives.

Question 15

The planning program in which objectives are mutually set between the employee and supervisor is known as

Accepted Answer

A)  management by objectives. 
B)  management by walking around. 
C)  opportunistic planning. 
D)  cascading objectives. 
A)  management by objectives. 
B)  management by walking around. 
C)  opportunistic planning. 
D)  cascading objectives.

Question 16

What are four elements of the formal planning process?

Accepted Answer

The four elements of the formal planning

Question 17

What are the four major approaches to implementation?

Accepted Answer

Four major approaches to implementation

Question 18

What is paralysis of the analysis?

Accepted Answer

An obsession with paperwork, technical r

Question 19

Which of the following contributed to Pepsi losing the war against Coke?

Accepted Answer

A)  Pepsi failed to balance their long-term objectives with short-term goals. 
B)  Pepsi did not encourage worker participation in the planning process. 
C)  Pepsi failed to assess their external environment. 
D)  Pepsi failed to define its priorities. 
A)  Pepsi failed to balance their long-term objectives with short-term goals. 
B)  Pepsi did not encourage worker participation in the planning process. 
C)  Pepsi failed to assess their external environment. 
D)  Pepsi failed to define its priorities.

Question 20

Cascading of objectives refers to the fact that

Accepted Answer

A)  objectives at the top have larger budgets than those at lower organizational levels. 
B)  objectives are more general at the top and become more specific at lower organizational levels. 
C)  objectives at higher organizational levels reflect the mission of the organization. 
D)  all of the above 
A)  objectives at the top have larger budgets than those at lower organizational levels. 
B)  objectives are more general at the top and become more specific at lower organizational levels. 
C)  objectives at higher organizational levels reflect the mission of the organization. 
D)  all of the above

Examining environmental factors in the planning process helps the firm

NASA's goal to reach the moon, which involved the design and construction of a lunar module, is an example of a single-use plan.

When planning is conducted by specialists without the participation of other managers, there may be a tendency

The process that helps managers set objectives for the future and map out the activities and means that will make it possible to achieve those objectives is

Worthwhile objectives that allow managers to determine whether key outcomes are being reached include which of the following?

Which of the following is not considered a benefit of planning?

What is scenario planning?

The performance targets set during the planning cycle are

What is the planning step that shows the intended actions that will be carried out?

Contrast formal planning and opportunistic planning.

Since the planning process prioritizes goals, desired objectives seldom work at cross-purposes.

Synergy is

What are the goals or targets that the firm wishes to accomplish within a stated amount of time?

What is MBO? What are the key steps of the MBO cycle?

The planning program in which objectives are mutually set between the employee and supervisor is known as

What are four elements of the formal planning process?

What are the four major approaches to implementation?

What is paralysis of the analysis?

Which of the following contributed to Pepsi losing the war against Coke?

Cascading of objectives refers to the fact that

Management and Its Evolution

The Culture of Management

Managing Social Responsibility and Ethics

Managing Organizational Culture and Change

Decision Making

Strategic Management

Entrepreneurship and Innovation

Managing the Structure and Design of Organizations

Human Resource Management

Managing Employee Diversity

Leadership in Management

Managing Teams

Managing Communication

Operation and Information System Management

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Exam 5: Managing the Planning Process

Examining environmental factors in the planning process helps the firm

NASA's goal to reach the moon, which involved the design and construction of a lunar module, is an example of a single-use plan.

When planning is conducted by specialists without the participation of other managers, there may be a tendency

The process that helps managers set objectives for the future and map out the activities and means that will make it possible to achieve those objectives is

Worthwhile objectives that allow managers to determine whether key outcomes are being reached include which of the following?

Which of the following is not considered a benefit of planning?

What is scenario planning?

The performance targets set during the planning cycle are

What is the planning step that shows the intended actions that will be carried out?

Contrast formal planning and opportunistic planning.

Since the planning process prioritizes goals, desired objectives seldom work at cross-purposes.

Synergy is

What are the goals or targets that the firm wishes to accomplish within a stated amount of time?

What is MBO? What are the key steps of the MBO cycle?

The planning program in which objectives are mutually set between the employee and supervisor is known as

What are four elements of the formal planning process?

What are the four major approaches to implementation?

What is paralysis of the analysis?

Which of the following contributed to Pepsi losing the war against Coke?

Cascading of objectives refers to the fact that

Management and Its Evolution

The Culture of Management

Managing Social Responsibility and Ethics

Managing Organizational Culture and Change

Decision Making

Strategic Management

Entrepreneurship and Innovation

Managing the Structure and Design of Organizations

Human Resource Management

Managing Employee Diversity

Leadership in Management

Managing Teams

Managing Communication

Operation and Information System Management

Filters