Question 1

An)________ is a statement of action steps to be taken in order to accomplish the objectives.

Accepted Answer

A) concept 
B) objective 
C) guideline 
D) goal 
E) plan 
A) concept 
B) objective 
C) guideline 
D) goal 
E) plan

Question 2

A ________ clarifies the purpose of the organization and expresses what it hopes to be in the future.

Accepted Answer

A) vision 
B) mission 
C) policy 
D) procedure 
E) budget 
A) vision 
B) mission 
C) policy 
D) procedure 
E) budget

Question 3

Policies set expectations for many aspects of employee behavior.

Accepted Answer

A) True 
 B)False

Question 4

Which of the following types of budgets plot anticipated sales or revenues against expenses?

Accepted Answer

A) Zero-based budgets 
B) Nonmonetary budgets 
C) Financial budgets 
D) Operating budgets 
E) Fixed budgets 
A) Zero-based budgets 
B) Nonmonetary budgets 
C) Financial budgets 
D) Operating budgets 
E) Fixed budgets

Question 5

Strategic plans are focused only on a specific department of an organization.

Accepted Answer

A) True 
 B)False

Question 6

Planning helps us avoid simply being carried along by the flow of events,and focuses our attention on priorities.

Accepted Answer

A) True 
 B)False

Question 7

Which of the following is the first step in the process of planning?

Accepted Answer

A) Analyzing alternatives and making a plan 
B) Defining the objectives 
C) Implementing the plan and evaluating results 
D) Determining where one stands vis-à-vis objectives 
E) Developing premises regarding future conditions 
A) Analyzing alternatives and making a plan 
B) Defining the objectives 
C) Implementing the plan and evaluating results 
D) Determining where one stands vis-à-vis objectives 
E) Developing premises regarding future conditions

Question 8

Operational plans include single-use plans like budgets that apply to one specific task or time period.

Accepted Answer

A) True 
 B)False

An)________ is a statement of action steps to be taken in order to accomplish the objectives.

A ________ clarifies the purpose of the organization and expresses what it hopes to be in the future.

Policies set expectations for many aspects of employee behavior.

Which of the following types of budgets plot anticipated sales or revenues against expenses?

Strategic plans are focused only on a specific department of an organization.

Planning helps us avoid simply being carried along by the flow of events,and focuses our attention on priorities.

Which of the following is the first step in the process of planning?

Operational plans include single-use plans like budgets that apply to one specific task or time period.

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

An)________ is a statement of action steps to be taken in order to accomplish the objectives.

A ________ clarifies the purpose of the organization and expresses what it hopes to be in the future.

Policies set expectations for many aspects of employee behavior.

Which of the following types of budgets plot anticipated sales or revenues against expenses?

Strategic plans are focused only on a specific department of an organization.

Planning helps us avoid simply being carried along by the flow of events,and focuses our attention on priorities.

Which of the following is the first step in the process of planning?

Operational plans include single-use plans like budgets that apply to one specific task or time period.

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