Exam 7: Principles of Planning

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Suboptimization is the process of assigning subobjectives to the various people or units in the organization based on the organizational objectives.

(True/False)
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The last step in the planning process is to ________.

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It is important for an organization to ensure that the objectives set for its employees are ________.

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Which of the following is NOT a necessary factor for a successful management by objectives (MBO)program?

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Which of the following is NOT a guideline for establishing quality objectives?

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The targets toward which an open management system is directed are known as ________.

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The process of determining how an organization can get where it wants to go and what it will do to accomplish its objectives is known as ________.

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According to John F.Mee,which of the following points is an organizational objective for businesses?

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Describe the steps in the planning process.

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Tandem Industries is a cycle manufacturer.As part of its planning activities,it sets an objective to increase its market share by 5 percent within 3 years.This is an example of a(n)________.

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The protective purpose of planning is to ________.

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Which of the following is the last step in the management by objectives (MBO)process?

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The affirmative purpose of planning is to minimize risk by reducing the uncertainties surrounding business conditions and clarifying the consequences of related management actions.

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Which of the following is the first step in the management by objectives (MBO)process?

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What is planning? What are the advantages and potential disadvantages of planning?

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Which of the following refers to targets to be achieved within a time frame of five to seven years?

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________ are techniques managers can use to help develop plans.

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"To lower the rate of employee attrition within the organization by 5 percent through the use of effective employee retention and motivation techniques." Which of the following is a valid criticism of this objective?

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Which of the following steps in the planning process should precede the others?

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An organization's plans fail when ________.

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