Exam 7: Principles of Planning

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According to Drucker,management should set objectives that indicate the company's responsibilities to its customers and society but should not specify the extent to which the company intends to live up to these responsibilities.

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HomeTurf is a retailer of wooden furniture.The firm currently has three stores and has plans to set up two more within the next eight months.This is an example of a(n)________.

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Which of the following is NOT one of the key areas in which Drucker advised managers to set management system objectives?

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Which of the following is the rationale behind letting the people responsible for attaining certain objectives have a voice in setting them?

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Of the four primary management functions,organizing usually precedes planning.

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According to Drucker,which of the following statements is an example of an organizational objective related to productivity?

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The first step in the planning process is to ________.

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Which of the following is an advantage of planning?

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A key element of any management by objectives (MBO)program is top management support and commitment.

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The affirmative purpose of planning is to ________.

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