Question 1

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

Accepted Answer

A)  Future conditions can be forecasted incorrectly. 
B)  Integrating the plan generators and the plan implementers. 
C)  Reporting relationships can become overly hierarchical. 
D)  Planning can become a self-contained activity. 
A)  Future conditions can be forecasted incorrectly. 
B)  Integrating the plan generators and the plan implementers. 
C)  Reporting relationships can become overly hierarchical. 
D)  Planning can become a self-contained activity.

Question 2

Planning helps managers to

Accepted Answer

A)  be proactive. 
B)  gain "on the job" training. 
C)  learn to convert abstract ideas into concrete actions. 
D)  all of the above 
A)  be proactive. 
B)  gain "on the job" training. 
C)  learn to convert abstract ideas into concrete actions. 
D)  all of the above

Question 3

What are the specific steps the firm intends to take to achieve the desired objectives?

Accepted Answer

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

Question 4

Successful planning includes which of the following?

Accepted Answer

A)  Centralizing the planning process 
B)  Viewing planning as a commitment to sunk costs 
C)  Using both numerical and judgmental methods 
D)  Overanalyzing every detail to ensure effective implementation 
A)  Centralizing the planning process 
B)  Viewing planning as a commitment to sunk costs 
C)  Using both numerical and judgmental methods 
D)  Overanalyzing every detail to ensure effective implementation

Question 5

Which of the following is not considered a core competency?

Accepted Answer

A)  Objectives 
B)  Know-how 
C)  Brand recognition 
D)  Company recognition 
A)  Objectives 
B)  Know-how 
C)  Brand recognition 
D)  Company recognition

Question 6

Planning that identifies different views of future and spells out what to do in each session is referred to as

Accepted Answer

A)  escalation of commitment. 
B)  contingency planning. 
C)  a control system. 
D)  formal planning. 
A)  escalation of commitment. 
B)  contingency planning. 
C)  a control system. 
D)  formal planning.

Question 7

Once plans are formulated and implemented, an effective control system allows the organization to compare planned objectives with actual results.

Accepted Answer

A) True 
 B)False

Question 8

Any process that helps align the actions of individuals with the interests of their employing firms is a(n)

Accepted Answer

A)  performance standard. 
B)  control. 
C)  objective. 
D)  goal. 
A)  performance standard. 
B)  control. 
C)  objective. 
D)  goal.

Question 9

Understanding the reasons for poor performance or failure in the past is an important benefit of

Accepted Answer

A)  environmental scanning. 
B)  competitor analysis. 
C)  the planning process. 
D)  stakeholder analysis. 
A)  environmental scanning. 
B)  competitor analysis. 
C)  the planning process. 
D)  stakeholder analysis.

Question 10

Effective planning improves a company's control systems by

Accepted Answer

A)  making assumptions explicit. 
B)  making it possible to compare target versus actual results and take corrective action on gaps to modify future activities. 
C)  developing "what if" scenarios. 
D)  ensuring adequate resources are available. 
A)  making assumptions explicit. 
B)  making it possible to compare target versus actual results and take corrective action on gaps to modify future activities. 
C)  developing "what if" scenarios. 
D)  ensuring adequate resources are available.

Question 11

Managers and employees may be cynical about objectives and suggestions for actions emanating from a

Accepted Answer

A)  planning committee comprised of managers throughout the organization. 
B)  planning process using both top-down and bottom-up planning. 
C)  specialized planning department. 
D)  flexible plan. 
A)  planning committee comprised of managers throughout the organization. 
B)  planning process using both top-down and bottom-up planning. 
C)  specialized planning department. 
D)  flexible plan.

Question 12

Telling employees they need to arrive at work between the hours of 7 and 9 and work for nine consecutive hours is an example of a

Accepted Answer

A)  mission. 
B)  procedure. 
C)  policy. 
D)  rule. 
A)  mission. 
B)  procedure. 
C)  policy. 
D)  rule.

Question 13

The space shuttle disasters may be attributed to

Accepted Answer

A)  scenario planning. 
B)  a lack of a control system. 
C)  escalation of commitment. 
D)  failure to have a contingency plan. 
A)  scenario planning. 
B)  a lack of a control system. 
C)  escalation of commitment. 
D)  failure to have a contingency plan.

Question 14

When Detroit's Big Three continued their investment in SUVs in the early 2000s, they experienced which of the following pitfalls of planning?

Accepted Answer

A)  Extensive bureaucratization 
B)  Plans imposed from above 
C)  Inflexible adherence to objectives and processes 
D)  Planning as a self-contained activity 
A)  Extensive bureaucratization 
B)  Plans imposed from above 
C)  Inflexible adherence to objectives and processes 
D)  Planning as a self-contained activity

Question 15

How can the political dynamics of change by managed?

Accepted Answer

Managing politics can be accomplished in

Question 16

Companies in the 1980s became skeptical of the value of strategic planning because inaccurate forecasts led to poor strategic decisions.

Accepted Answer

A) True 
 B)False

Question 17

What are the benefits of planning?

Accepted Answer

There are a number of benefits of planni

Question 18

What are tactical action plans? How do they differ from operational action plans?

Accepted Answer

Tactical action plans are developed at t

Question 19

Planning occurs at higher levels in the organization and implementing occurs at lower levels.

Accepted Answer

A) True 
 B)False

Question 20

A well-designed plan leads to

Accepted Answer

A)  success. 
B)  identifying the resources needed for the future. 
C)  competitive advantage. 
D)  identification of core competencies. 
A)  success. 
B)  identifying the resources needed for the future. 
C)  competitive advantage. 
D)  identification of core competencies.

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

Planning helps managers to

What are the specific steps the firm intends to take to achieve the desired objectives?

Successful planning includes which of the following?

Which of the following is not considered a core competency?

Planning that identifies different views of future and spells out what to do in each session is referred to as

Once plans are formulated and implemented, an effective control system allows the organization to compare planned objectives with actual results.

Any process that helps align the actions of individuals with the interests of their employing firms is a(n)

Understanding the reasons for poor performance or failure in the past is an important benefit of

Effective planning improves a company's control systems by

Managers and employees may be cynical about objectives and suggestions for actions emanating from a

Telling employees they need to arrive at work between the hours of 7 and 9 and work for nine consecutive hours is an example of a

The space shuttle disasters may be attributed to

When Detroit's Big Three continued their investment in SUVs in the early 2000s, they experienced which of the following pitfalls of planning?

How can the political dynamics of change by managed?

Companies in the 1980s became skeptical of the value of strategic planning because inaccurate forecasts led to poor strategic decisions.

What are the benefits of planning?

What are tactical action plans? How do they differ from operational action plans?

Planning occurs at higher levels in the organization and implementing occurs at lower levels.

A well-designed plan leads to

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

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

Planning helps managers to

What are the specific steps the firm intends to take to achieve the desired objectives?

Successful planning includes which of the following?

Which of the following is not considered a core competency?

Planning that identifies different views of future and spells out what to do in each session is referred to as

Once plans are formulated and implemented, an effective control system allows the organization to compare planned objectives with actual results.

Any process that helps align the actions of individuals with the interests of their employing firms is a(n)

Understanding the reasons for poor performance or failure in the past is an important benefit of

Effective planning improves a company's control systems by

Managers and employees may be cynical about objectives and suggestions for actions emanating from a

Telling employees they need to arrive at work between the hours of 7 and 9 and work for nine consecutive hours is an example of a

The space shuttle disasters may be attributed to

When Detroit's Big Three continued their investment in SUVs in the early 2000s, they experienced which of the following pitfalls of planning?

How can the political dynamics of change by managed?

Companies in the 1980s became skeptical of the value of strategic planning because inaccurate forecasts led to poor strategic decisions.

What are the benefits of planning?

What are tactical action plans? How do they differ from operational action plans?

Planning occurs at higher levels in the organization and implementing occurs at lower levels.

A well-designed plan leads to

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