Question 1

Planning helps managers eliminate uncertainty and insulates organizations from change.

Accepted Answer

A) True 
 B)False

Question 2

What is competitor intelligence? Identify some of the sources of competitor intelligence? Discuss the legal and ethical issues related to this concept.

Accepted Answer

Competitor intelligence involves gatheri

Question 3

The effect of planning on managers is that it forces them to ________.

Accepted Answer

A) grow resistant to change 
B) anticipate and respond to change 
C) eliminate uncertainty 
D) work at cross purposes 
A) grow resistant to change 
B) anticipate and respond to change 
C) eliminate uncertainty 
D) work at cross purposes

Question 4

________ planning dominates managers' planning efforts at lower levels of the organization.

Accepted Answer

A) Strategic 
B) Organization-wide 
C) Operational 
D) Directional 
A) Strategic 
B) Organization-wide 
C) Operational 
D) Directional

Question 5

Which of the following is true of the impact of formal planning on organizational performance?

Accepted Answer

A) Formal planning is associated with positive financial results. 
B) Organizations that formally plan invariably outperform those that don't plan. 
C) The amount of planning done is more important to high performance than the quality of planning and implementation 
D) Companies can start seeing the impact of formal planning on performance after about a year of starting the planning process. 
A) Formal planning is associated with positive financial results. 
B) Organizations that formally plan invariably outperform those that don't plan. 
C) The amount of planning done is more important to high performance than the quality of planning and implementation 
D) Companies can start seeing the impact of formal planning on performance after about a year of starting the planning process.

Question 6

A problem associated with traditional goal setting is that ________.

Accepted Answer

A) the narrowly defined goals inhibit a manager's ability to interpret them 
B) the high degree of reliance on employees for developing goals is not suited to many situations 
C) clarity is lost as the goals make their way down from the top of the organization to lower levels 
D) it promotes the growth of a flatter organizational structure and threatens organizational efficiency 
A) the narrowly defined goals inhibit a manager's ability to interpret them 
B) the high degree of reliance on employees for developing goals is not suited to many situations 
C) clarity is lost as the goals make their way down from the top of the organization to lower levels 
D) it promotes the growth of a flatter organizational structure and threatens organizational efficiency

Question 7

________ is a process of setting mutually-agreed upon goals and using those goals to evaluate employee performance.

Accepted Answer

A) Management by objectives 
B) Traditional goal setting 
C) Management by observation 
D) Management by exception 
A) Management by objectives 
B) Traditional goal setting 
C) Management by observation 
D) Management by exception

Question 8

When uncertainty is high,plans should be ________ and ________.

Accepted Answer

A) specific; flexible 
B) directional; standing 
C) short-term; directional 
D) general; informal 
A) specific; flexible 
B) directional; standing 
C) short-term; directional 
D) general; informal

Question 9

Directional plans are clearly defined and leave no room for interpretation.

Accepted Answer

A) True 
 B)False

Question 10

Nike,Inc.is a sportswear and equipment manufacturer that serves a multitude of sports disciplines.Which of the following statements from Nike would be the best example of a strategic goal?

Accepted Answer

A) a ten percent increase in average annual sales 
B) a seven percent increase in average annual income 
C) achieving a return on investment of 17 percent 
D) accelerating growth through focused execution 
A) a ten percent increase in average annual sales 
B) a seven percent increase in average annual income 
C) achieving a return on investment of 17 percent 
D) accelerating growth through focused execution

Question 11

Which of the following is one of the elements of a management by objectives (MBO)program?

Accepted Answer

A) directional nature of goals 
B) performance feedback 
C) indefinite time periods 
D) a top-down decision-making approach 
A) directional nature of goals 
B) performance feedback 
C) indefinite time periods 
D) a top-down decision-making approach

Question 12

Stated goals are those that an organization actually pursues.

Accepted Answer

A) True 
 B)False

Planning helps managers eliminate uncertainty and insulates organizations from change.

What is competitor intelligence? Identify some of the sources of competitor intelligence? Discuss the legal and ethical issues related to this concept.

The effect of planning on managers is that it forces them to ________.

________ planning dominates managers' planning efforts at lower levels of the organization.

Which of the following is true of the impact of formal planning on organizational performance?

A problem associated with traditional goal setting is that ________.

________ is a process of setting mutually-agreed upon goals and using those goals to evaluate employee performance.

When uncertainty is high,plans should be and .

Directional plans are clearly defined and leave no room for interpretation.

Nike,Inc.is a sportswear and equipment manufacturer that serves a multitude of sports disciplines.Which of the following statements from Nike would be the best example of a strategic goal?

Which of the following is one of the elements of a management by objectives (MBO)program?

Stated goals are those that an organization actually pursues.

Management and Organizations

Understanding Management: Constraints and Challenges

Managing in a Global Environment

Managing Diversity

Managing Social Responsibility and Ethics

Managers As Decision Makers

Managing Change and Innovation

Strategic Management

Managerial Controls

Basic Organizational Design

Adaptive Organizational Design

Managing Human Resources

Managing Teams

Understanding Individual Behavior

Managers and Communication

Motivating Employees

Managers As Leaders

Filters

Exam 8: Foundations of Planning

Planning helps managers eliminate uncertainty and insulates organizations from change.

What is competitor intelligence? Identify some of the sources of competitor intelligence? Discuss the legal and ethical issues related to this concept.

The effect of planning on managers is that it forces them to ________.

________ planning dominates managers' planning efforts at lower levels of the organization.

Which of the following is true of the impact of formal planning on organizational performance?

A problem associated with traditional goal setting is that ________.

________ is a process of setting mutually-agreed upon goals and using those goals to evaluate employee performance.

When uncertainty is high,plans should be ________ and ________.

Directional plans are clearly defined and leave no room for interpretation.

Nike,Inc.is a sportswear and equipment manufacturer that serves a multitude of sports disciplines.Which of the following statements from Nike would be the best example of a strategic goal?

Which of the following is one of the elements of a management by objectives (MBO)program?

Stated goals are those that an organization actually pursues.

Management and Organizations

Understanding Management: Constraints and Challenges

Managing in a Global Environment

Managing Diversity

Managing Social Responsibility and Ethics

Managers As Decision Makers

Managing Change and Innovation

Strategic Management

Managerial Controls

Basic Organizational Design

Adaptive Organizational Design

Managing Human Resources

Managing Teams

Understanding Individual Behavior

Managers and Communication

Motivating Employees

Managers As Leaders

Filters

When uncertainty is high,plans should be and .