Question 1

Which of the following functional plans deal with building a talented workforce?

Accepted Answer

A) Human resource plans 
B) Logistics plans 
C) Marketing plans 
D) Production plans 
E) Facilities plans 
A) Human resource plans 
B) Logistics plans 
C) Marketing plans 
D) Production plans 
E) Facilities plans A

Question 2

Contingency planning identifies alternative courses of action to take when things go wrong.

Accepted Answer

A) True 
 B)False  True

Question 3

Which of the following management functions deals with monitoring task accomplishments and taking necessary corrective action?

Accepted Answer

A) Coordinating 
B) Processing 
C) Controlling 
D) Leading 
E) Directing 
A) Coordinating 
B) Processing 
C) Controlling 
D) Leading 
E) Directing C

Question 4

Functional plans dealing with money and capital investments are called ________ plans.

Accepted Answer

A) marketing 
B) logistics 
C) financial 
D) human resource 
E) facilities 
A) marketing 
B) logistics 
C) financial 
D) human resource 
E) facilities

Question 5

Which of the following is true of strategic plans?

Accepted Answer

A) Plans at the middle and lower levels of the traditional organizational pyramid tend to be strategic. 
B) They are focused only on a particular department or staff of employees in the organization. 
C) They are short-range plans to achieve an immediate goal. 
D) They refer to the "tactical" plans of the organization. 
E) They ideally set forth the goals and objectives needed to accomplish the organization's vision. 
A) Plans at the middle and lower levels of the traditional organizational pyramid tend to be strategic. 
B) They are focused only on a particular department or staff of employees in the organization. 
C) They are short-range plans to achieve an immediate goal. 
D) They refer to the "tactical" plans of the organization. 
E) They ideally set forth the goals and objectives needed to accomplish the organization's vision.

Question 6

A ________ communicates broad guidelines for making decisions and taking action in specific circumstances.

Accepted Answer

A) vision 
B) procedure 
C) policy 
D) tactical plan 
E) budget 
A) vision 
B) procedure 
C) policy 
D) tactical plan 
E) budget

Question 7

________ plans are functional plans that deal with suppliers and acquiring resource inputs.

Accepted Answer

A) Human resource 
B) Logistics 
C) Marketing 
D) Production 
E) Facilities 
A) Human resource 
B) Logistics 
C) Marketing 
D) Production 
E) Facilities

Question 8

In business,tactical plans often take the form of operational plans that indicate how different components of the enterprise will contribute to the overall strategy.

Accepted Answer

A) True 
 B)False

Question 9

An)________ oriented manager anticipates problems and opportunities so they can be best dealt with.

Accepted Answer

A) result 
B) employee 
C) priority 
D) change 
E) advantage 
A) result 
B) employee 
C) priority 
D) change 
E) advantage

Question 10

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

Accepted Answer

A) True 
 B)False

Question 11

A fixed budget:

Accepted Answer

A) allocates a stated amount of resources for a specific purpose. 
B) allocates resources as if each budget were brand new. 
C) allows resources to vary in proportion with various levels of activity. 
D) allocates resources like labor,equipment,and space. 
E) always has equal expenditures and revenue. 
A) allocates a stated amount of resources for a specific purpose. 
B) allocates resources as if each budget were brand new. 
C) allows resources to vary in proportion with various levels of activity. 
D) allocates resources like labor,equipment,and space. 
E) always has equal expenditures and revenue.

Question 12

________occurs when an organization allows itself to be carried along by the flow of events.

Accepted Answer

A) Coordination 
B) Organizational pressure 
C) The complacency trap 
D) Ecological fallacy 
E) Ethnocentrism 
A) Coordination 
B) Organizational pressure 
C) The complacency trap 
D) Ecological fallacy 
E) Ethnocentrism

Question 13

Strategic plans ideally set forth the goals and objectives needed to accomplish the organization's vision in terms of mission or purpose and what it hopes to be in the future.

Accepted Answer

A) True 
 B)False

Question 14

Which of the following functional plans deal with work methods and technologies?

Accepted Answer

A) Human resource plans 
B) Marketing plans 
C) Facilities plans 
D) Financial plans 
E) Production plans 
A) Human resource plans 
B) Marketing plans 
C) Facilities plans 
D) Financial plans 
E) Production plans

Question 15

If staff planners are used,people may often lack commitment to implement the plans no matter how good they are.

Accepted Answer

A) True 
 B)False

Question 16

Even though the time frames of planning may be shrinking,________ is/are still responsible for setting longer-term plans and directions for the organization as a whole.

Accepted Answer

A) lower management 
B) middle management 
C) shareholders 
D) top management 
E) file clerks 
A) lower management 
B) middle management 
C) shareholders 
D) top management 
E) file clerks

Question 17

Just before the Thanksgiving weekend,Boyo's,a toy manufacturer,discovers that its supplier has used lead-based paint on one of its products.The executive committee has assembled a team to devise a plan to mitigate the issue.Boyo's is using ________ planning.

Accepted Answer

A) tactical 
B) strategic 
C) top-down 
D) production 
E) visionary 
A) tactical 
B) strategic 
C) top-down 
D) production 
E) visionary

Question 18

ACME Manufacturing budgets a project or activity in each new budget period as if it were brand new.ACME is using an)________ budgeting approach.

Accepted Answer

A) nonmonetary 
B) operating 
C) zero-based 
D) fixed 
E) flexible 
A) nonmonetary 
B) operating 
C) zero-based 
D) fixed 
E) flexible

Question 19

Which of the following is true about long-range and short-range plans?

Accepted Answer

A) There is a lot more permanency to long-term plans today than there was in the past. 
B) Long-term plans are not subject to frequent revisions today. 
C) Long-term plans typically look at least ten years or more into the future. 
D) The time frames of planning are shifting today. 
E) Lower management sets its own context to work on short-term plans. 
A) There is a lot more permanency to long-term plans today than there was in the past. 
B) Long-term plans are not subject to frequent revisions today. 
C) Long-term plans typically look at least ten years or more into the future. 
D) The time frames of planning are shifting today. 
E) Lower management sets its own context to work on short-term plans.

Question 20

________ are single-use plans that commit resources for specific time periods to activities,projects,or programs.

Accepted Answer

A) Procedures 
B) Policies 
C) Guidelines 
D) Budgets 
E) Forecasts 
A) Procedures 
B) Policies 
C) Guidelines 
D) Budgets 
E) Forecasts

Which of the following functional plans deal with building a talented workforce?

Contingency planning identifies alternative courses of action to take when things go wrong.

Which of the following management functions deals with monitoring task accomplishments and taking necessary corrective action?

Functional plans dealing with money and capital investments are called ________ plans.

Which of the following is true of strategic plans?

A ________ communicates broad guidelines for making decisions and taking action in specific circumstances.

________ plans are functional plans that deal with suppliers and acquiring resource inputs.

In business,tactical plans often take the form of operational plans that indicate how different components of the enterprise will contribute to the overall strategy.

An)________ oriented manager anticipates problems and opportunities so they can be best dealt with.

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

A fixed budget:

________occurs when an organization allows itself to be carried along by the flow of events.

Strategic plans ideally set forth the goals and objectives needed to accomplish the organization's vision in terms of mission or purpose and what it hopes to be in the future.

Which of the following functional plans deal with work methods and technologies?

If staff planners are used,people may often lack commitment to implement the plans no matter how good they are.

Even though the time frames of planning may be shrinking,________ is/are still responsible for setting longer-term plans and directions for the organization as a whole.

Just before the Thanksgiving weekend,Boyo's,a toy manufacturer,discovers that its supplier has used lead-based paint on one of its products.The executive committee has assembled a team to devise a plan to mitigate the issue.Boyo's is using ________ planning.

ACME Manufacturing budgets a project or activity in each new budget period as if it were brand new.ACME is using an)________ budgeting approach.

Which of the following is true about long-range and short-range plans?

________ are single-use plans that commit resources for specific time periods to activities,projects,or programs.

Introducing Management

Management Learning Past to Present

Ethics and Social Responsibility

Environment, innovation, and Sustainability

Global Management and Cultural Diversity

Entrepreneurship and New Ventures

Information and Decision Making

Control Processes and Systems

Strategy and Strategic Management

Organization Structures and Design

Organization Culture and Change

Human Resource Management

Leading and Leadership Development

Individual Behavior

Motivation Theory and Practice

Teams and Teamwork

Communication and Collaboration

Operations and Services Management

Filters

Exam 8: Planning Processes and Techniques

Which of the following functional plans deal with building a talented workforce?

Contingency planning identifies alternative courses of action to take when things go wrong.

Which of the following management functions deals with monitoring task accomplishments and taking necessary corrective action?

Functional plans dealing with money and capital investments are called ________ plans.

Which of the following is true of strategic plans?

A ________ communicates broad guidelines for making decisions and taking action in specific circumstances.

________ plans are functional plans that deal with suppliers and acquiring resource inputs.

In business,tactical plans often take the form of operational plans that indicate how different components of the enterprise will contribute to the overall strategy.

An)________ oriented manager anticipates problems and opportunities so they can be best dealt with.

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

A fixed budget:

________occurs when an organization allows itself to be carried along by the flow of events.

Strategic plans ideally set forth the goals and objectives needed to accomplish the organization's vision in terms of mission or purpose and what it hopes to be in the future.

Which of the following functional plans deal with work methods and technologies?

If staff planners are used,people may often lack commitment to implement the plans no matter how good they are.

Even though the time frames of planning may be shrinking,________ is/are still responsible for setting longer-term plans and directions for the organization as a whole.

Just before the Thanksgiving weekend,Boyo's,a toy manufacturer,discovers that its supplier has used lead-based paint on one of its products.The executive committee has assembled a team to devise a plan to mitigate the issue.Boyo's is using ________ planning.

ACME Manufacturing budgets a project or activity in each new budget period as if it were brand new.ACME is using an)________ budgeting approach.

Which of the following is true about long-range and short-range plans?

________ are single-use plans that commit resources for specific time periods to activities,projects,or programs.

Introducing Management

Management Learning Past to Present

Ethics and Social Responsibility

Environment, innovation, and Sustainability

Global Management and Cultural Diversity

Entrepreneurship and New Ventures

Information and Decision Making

Control Processes and Systems

Strategy and Strategic Management

Organization Structures and Design

Organization Culture and Change

Human Resource Management

Leading and Leadership Development

Individual Behavior

Motivation Theory and Practice

Teams and Teamwork

Communication and Collaboration

Operations and Services Management

Filters