Exam 8: Planning Processes and Techniques

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Which of the following is true of strategic plans?

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Stretch goals are performance targets that we must work extra hard to reach.

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Which of the following is an external source of organizational pressure?

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A ___ helps to implement all or parts of a strategic plan.

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In the means-ends chain, higher-level objectives are ends that are directly tied to lower-level objectives as the means for their accomplishment.

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___ is a technique that makes use of external comparisons to better evaluate one's current performance and identify possible actions for the future.

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Great goals-those that result in plans being implemented successfully with high performance-are all the following except

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Production plans, financial plans, facilities plans, marketing plans, and human resource plans are all examples of ___ plans.

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Controlling is the management function that establishes the platform for further managerial efforts.

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Effective time management involves choices about the allocation of time to the most important priorities.

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In a chain of discount department stores, personnel needs are estimated in three different ways: (a) for a high demand season, (b) for a moderate demand season, and (c) for a slack season. By taking these three activity levels into account, managers are developing a ___.

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Without ___, ___ lacks a framework for measuring how well things are going and what could be done to improve things.

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___ requires that the planning process include people who will be affected by the resulting plans and/or will be asked to help implement them.

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In a management by objectives approach, the supervisor/team leader and subordinates/team members ___.

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Policies set expectations for many aspects of employee behaviour.

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When a project or activity is budgeted in each new budget period as if it were brand new, a(n) ___ budgeting approach is being used.

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An important risk associated with the use of staff planners is the communication gap that can develop between staff planners and line managers.

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Typical strategic plans in a business would include dealing with the methods and technology needed by people in their work and dealing with money required to support various operations. Typical operational plans in a business would include dealing with requirements of selling and distributing goods or services and dealing with recruitment, selection, and placement of people into jobs.

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In management by objectives (MBO), the supervisor/team leader and subordinates/team members formally agree on all the following except ___.

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Roshan, the marketing manager at Kalx Inc., wants to check if the latest marketing campaign was successful in increasing the sales of PCs for the company. Which of the following steps must he take to measure the sales performance of the organization?

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