Exam 8: Foundations of Planning

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Organizational plans can be classified on the basis of all of the following characteristics,except on the basis of their ________.

(Multiple Choice)
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The standard procedure to be followed by the human resources department of a company when initiating disciplinary action against an employee is an example of a standing plan.

(True/False)
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An organization's mission states that it "is committed to reducing its environmental footprint"; but its facilities do not comply with statutory environmental regulations.This is an instance of how ________.

(Multiple Choice)
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Which of the following is an assumption associated with traditional goal setting?

(Multiple Choice)
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Most businesses have only the single goal of making profits.

(True/False)
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White Forest Financials is a small investment firm,operating in an extremely volatile environment.One of the company's two owners,David White,is of the opinion that it would be futile for the company to engage in formal planning as the business environment is constantly shifting.However,the co-owner,Marsha Forest,believes that planning is essential for the company's success.Who would you support? Why?

(Essay)
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When uncertainty is high and managers must be flexible in order to respond to unexpected changes,directional plans are preferable.

(True/False)
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Long-term plans are defined as those with a time frame beyond ________.

(Multiple Choice)
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Most company's goals can be classified as either ________ or ________.

(Multiple Choice)
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Considering the above information,it can be determined that your plan must be ________,________,and ________.

(Multiple Choice)
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A ________ is a broad statement of an organization's purpose that provides an overall guide to what organizational members think is important.

(Multiple Choice)
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________ plans apply to the entire organization and establish the organization's overall goals.

(Multiple Choice)
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The statement that all stores should be well maintained both inside and out is an example of a ________.

(Multiple Choice)
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Dynamic environments require a flatter organizational hierarchy in order to plan effectively.

(True/False)
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Short-term plans are those covering one year or less.

(True/False)
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Which of the following is the best indicator of an organization's real goals?

(Multiple Choice)
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Plans that encompass only the production or the sales goals of a company are termed ________ plans.

(Multiple Choice)
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Considering the characteristics of well-written goals,which of the following would be a well-written goal for the above scenario?

(Multiple Choice)
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________ involves defining the organization's goals,establishing strategies for achieving those goals,and developing plans to integrate and coordinate work activities.

(Multiple Choice)
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In an uncertain environment,managers should develop plans that are specific,but flexible.

(True/False)
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