Multiple Choice
A-Z Goal Setting and Planning (Scenario)
Organizations ABC and XYZ are both in the same industry and vie for the same set of customers in the marketplace. At ABC, goals are set at the top level of management each year and then broken into subgoals for each organizational level. Similarly, plans are developed at the top level and then reformulated and delegated to managers at the middle and lower levels. At XYZ, goals are developed at the top level, and then those managers meet with their subordinates at the next lower level to establish mutually agreeable goals. The middle managers then meet with the first-level managers to establish mutually agreeable goals. Finally, the first-level managers meet with each of their employees and establish mutually agreeable goals. Annual plans are then developed by organization members at all levels to meet their specific needs.
-Which goal setting approach is used at XYZ?
A) management by objectives
B) specific
C) traditional goal setting
D) strategic
Correct Answer:

Verified
Correct Answer:
Verified
Q59: In an uncertain environment, managers should develop
Q139: Management by objectives (MBO)is a management system
Q140: Plans that specify the details of how
Q141: Effective planning in dynamic environments requires flatter
Q142: Which of the following is an example
Q145: Two types of plans that are differentiated
Q146: A well-designed goal should be general and
Q147: Retail Planning (Scenario)<br>Tyler Nall is president and
Q148: Most organizational goals are either strategic or
Q149: Which of the following statements is TRUE