Exam 8: Foundations of Planning

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Which is the first step managers should follow in goal setting?

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D

Which of the following is an example of a single-use plan?

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B

Which of the following is an example of a standing plan?

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C

Distinguish between the stated and the real goals of an organization.Illustrate the difference with an example.

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Goals are different from plans because ________.

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Which of the following is true of competitor intelligence as a means of environmental scanning?

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How can managers effectively plan when the external environment is continually changing?

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Short-term plans are those covering ________ or less.

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Strategic plans are usually ________.

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Which of the following is the last step in MBO?

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Which of the following reflects the way goals are set in an MBO program?

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An organization's ________ goals are official statements of what an organization says,and what it wants its stakeholders to believe its goals are.

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In a short essay,define planning and discuss the characteristics of formal planning as it is used in various organizations.

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The statement that each store should have sales equal to or greater than $100 per square foot per day is an example of ________.

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In a short essay,define management by objectives (MBO)and list four elements of this type of goal setting.

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Downs wants to formulate a plan that lays out general guidelines for his employees and leaves room for interpretation.Which of the following types of plans would best suit his requirement?

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A standing plan is ________.

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The ________ Act makes it a crime in the United States to engage in stealth of a trade secret.

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Which of the following is the last step in goal setting?

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A ________ is an integrated network of goals in which the accomplishment of goals at one level serves as the means for achieving the goals,or ends,at the next level.

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