Exam 8: Planning Work Activities

Mr.Slabaugh 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?

As managers plan,they develop both goals and plans.

A ________ is an integrated network of goals in which the accomplishment of goals at one level makes possible the achievement of the goals at the next level.

Top executives are mainly involved in ________ planning.

The commitment concept says that plans should ________.

Which of the following would be a well-written goal for an online retailer operating in a volatile business environment?

Bonnie is discussing with her subordinate Julie the types of projects Julie would like to work on in the coming year.They are setting goals and determining what success would look like.Bonnie and Julie are engaged in ________.

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.Whom would you support? Why?

________ refers to gathering information about competitors that allows managers to anticipate competitors' actions rather than merely react to them.

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

Which of the following factors has contributed to the decline in the number of years used to define short-term and long-term plans?

Which of the following statements is true of traditional goal setting?

________ plans apply to the entire organization and establish the organization's overall goals.

Bill has been working his plan for about three months.He is now discussing his progress with Jim,his supervisor.If Bill and Jim are using the MBO planning process,this discussion is called ________.

In ________,goals set by top managers flow down through the organization and become subgoals for each organizational area.

Short-term plans are those covering one year or less.

If top management set a goal that each store in the company should have sales equal to or greater than $100 per square foot per day,this would be an example of ________.

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

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

Which of the following is the best indicator of an organization's real goals?