Exam 8: Foundations of Planning

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In a typical MBO program, __________________.

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In order to manage effectively in an uncertain environment, managers must recognize that planning is __________.

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In traditional goal setting, what happens to goals as they make their way down from top management to lower levels?

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Studies of actual MBO programs confirm that MBO _____________ employee performance and organizational productivity.

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When formal planning fails to lead to higher performance, which of the following is most likely to be the reason for the failure?

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Planning is often called the primary management function because it _________.

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The standard procedure to be followed by the human resources department of a company when initiating disciplinary action against an employee is an example of a standing plan.

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A _______________ is a broad statement of an organization's purpose that provides an overall guide to what organizational members think is important.

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Which of the following statements is true regarding an organization's goals?

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In today's global business environment, obtaining competitive intelligence is relatively easy.

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Goals provide the direction for all management decisions and form the __________.

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Which of the following types of plans dominates managers' planning efforts at upper levels of the organization?

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Refer to the scenario given to answer the following questions. The Sea to Sky Collaborative (Scenario) Nadia Mainardi is the senior planner for the Whistler-Blackcomb Regional Development Council. She has met with a group of stakeholders, including the British Columbia Ministry of Transportation, Tourism B.C., and others who are interested in working together to improve the Sea to Sky Highway between North Vancouver and Whistler. To date, Nadia has successfully obtained a Technical Assistance Grant from the province to help organize several small communities along the Sea to Sky Highway into an intergovernmental unit, all sharing the same mission and goals. Nadia is now charged with developing a strategic plan for this group, called the Sea to Sky Collaborative. -Because of the intergovernmental nature of the Sea to Sky Collaborative, Nadia's boss suggests that open-ended goals may be preferable, as they offer greater flexibility. Nadia, a knowledgeable and experienced planner, tells her that well-designed goals should __________.

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In traditional goal setting, it is assumed that top managers know what's best because they ______________.

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Strategic plans tend to cover a longer period of time than operational goals and also ______________.

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In traditional goal setting, goals set by top managers flow down through the organization and become sub goals for each organizational area.

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Organizations real goals and stated goals are the same.

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The first step in goal setting is to evaluate available resources.

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Refer to the scenario given to answer the following questions. A-Z Goal Setting and Planning (Scenario) Organizations ABC and XYZ are both in the same industry and vie for the same set of customers in the marketplace. At ABC, goals are set at the top level of management each year and then broken into subgoals for each organizational level. Similarly, plans are developed at the top level and then reformulated and delegated to managers at the middle and lower levels. At XYZ, goals are developed at the top level, and then those managers meet with their subordinates at the next lower level to establish mutually agreeable goals. The middle managers then meet with the first-level managers to establish mutually agreeable goals. Finally, the first-level managers meet with each of their employees and establish mutually agreeable goals. Annual plans are then developed by organization members at all levels to meet their specific needs. -Assuming that XYZ's hierarchy of goals is clearly defined, the resulting integrated network of goals could also be called a __________ chain.

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Are strategic or operational plans needed? Does long-term planning make sense in current business environment? These decisions are affected by three contingency variables. explain the three planning contingency factors and illustrate how these factors influence planning.

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