Question 1

Opportunities are characteristics of the internal environment that have the potential to help the organization achieve or exceed its strategic goals.

Accepted Answer

A) True 
 B)False

Question 2

Which of these isare) primarily concerned with tactical goals/plans?

Accepted Answer

A)  Middle management 
B)  Board of directors 
C)  Consultants 
D)  Senior management 
E)  Lower management 
A)  Middle management 
B)  Board of directors 
C)  Consultants 
D)  Senior management 
E)  Lower management

Question 3

List and define the four major activities that must occur in order for management by objectives MBO) to succeed.

Accepted Answer

The first step is setting goals. The set

Question 4

_______is a method whereby managers and employees define goals for every department, project, and person and use them to monitor subsequent performance.

Accepted Answer

Management

Question 5

Which of the following is NOT involved in the stages of crisis planning?

Accepted Answer

A)  Setting up effective communication systems 
B)  Creating detailed crisis management plans 
C)  Investigating all stakeholders 
D)  Designating a crisis management team and spokesperson 
E)  Building relationships 
A)  Setting up effective communication systems 
B)  Creating detailed crisis management plans 
C)  Investigating all stakeholders 
D)  Designating a crisis management team and spokesperson 
E)  Building relationships

Question 6

Briefly discuss Porter's three competitive strategies.

Accepted Answer

Porter identified three competitive stra

Question 7

Sarah is a middle manager at Stylin' Sneakers Corporation. She is most likely responsible for the achievement of_______ goals.

Accepted Answer

A)  operational 
B)  tactical 
C)  strategic 
D)  lower-level 
E)  top-level 
A)  operational 
B)  tactical 
C)  strategic 
D)  lower-level 
E)  top-level

Question 8

In a turbulent business climate, managers should focus on strategic stability rather than flexibility.

Accepted Answer

A) True 
 B)False

Question 9

Managers believe that they are better oriented toward goal achievement when_______ is used.

Accepted Answer

management

Question 10

Which of the following is a Porter's competitive strategy?

Accepted Answer

A)  Differentiation 
B)  Bargaining power of buyers 
C)  Bargaining power of suppliers 
D)  Threat of substitute products 
E)  Potential new entrants 
A)  Differentiation 
B)  Bargaining power of buyers 
C)  Bargaining power of suppliers 
D)  Threat of substitute products 
E)  Potential new entrants

Question 11

In centralized planning, managers at all levels work with planning experts to develop their own goals and plans.

Accepted Answer

A) True 
 B)False

Question 12

Which of the following is not a step in the organizational planning process?

Accepted Answer

A)  Monitor and learn 
B)  Plan operations 
C)  Translate the plan 
D)  Develop the plan 
E)  Plan marketing tactics 
A)  Monitor and learn 
B)  Plan operations 
C)  Translate the plan 
D)  Develop the plan 
E)  Plan marketing tactics

Question 13

Tactical plans are designed to help execute the major strategic plans and to accomplish a specific part of the company's strategy.

Accepted Answer

A) True 
 B)False

Question 14

Crisis plans define company responses to be taken in the case of emergencies, setbacks, or unexpected conditions.

Accepted Answer

A) True 
 B)False

Question 15

A long-term time frame is most closely associated with:

Accepted Answer

A)  operational plans. 
B)  tactical plans. 
C)  strategic plans. 
D)  mission plans. 
E)  tactical goals. 
A)  operational plans. 
B)  tactical plans. 
C)  strategic plans. 
D)  mission plans. 
E)  tactical goals.

Question 16

Which of the following strategies involves rewarding an employee's innovation?

Accepted Answer

A)  Cost leadership 
B)  Differentiation 
C)  Focus 
D)  Internal growth 
E)  Liquidation 
A)  Cost leadership 
B)  Differentiation 
C)  Focus 
D)  Internal growth 
E)  Liquidation

Question 17

The planning process begins with which of these?

Accepted Answer

A)  The development of operational goals 
B)  The development of a mission statement 
C)  Communication of goals to the rest of the organization 
D)  A company-wide meeting 
E)  Brainstorming 
A)  The development of operational goals 
B)  The development of a mission statement 
C)  Communication of goals to the rest of the organization 
D)  A company-wide meeting 
E)  Brainstorming

Question 18

Operational planning specifies plans for department managers, supervisors, and individual employees.

Accepted Answer

A) True 
 B)False

Question 19

Research has shown that strategic thinking and planning positively affect a firm's performance and financial success.

Accepted Answer

A) True 
 B)False

Question 20

Front-line managers have the final responsibility for strategic planning.

Accepted Answer

A) True 
 B)False

Opportunities are characteristics of the internal environment that have the potential to help the organization achieve or exceed its strategic goals.

Which of these isare) primarily concerned with tactical goals/plans?

List and define the four major activities that must occur in order for management by objectives MBO) to succeed.

_______is a method whereby managers and employees define goals for every department, project, and person and use them to monitor subsequent performance.

Which of the following is NOT involved in the stages of crisis planning?

Briefly discuss Porter's three competitive strategies.

Sarah is a middle manager at Stylin' Sneakers Corporation. She is most likely responsible for the achievement of_______ goals.

In a turbulent business climate, managers should focus on strategic stability rather than flexibility.

Managers believe that they are better oriented toward goal achievement when_______ is used.

Which of the following is a Porter's competitive strategy?

In centralized planning, managers at all levels work with planning experts to develop their own goals and plans.

Which of the following is not a step in the organizational planning process?

Tactical plans are designed to help execute the major strategic plans and to accomplish a specific part of the company's strategy.

Crisis plans define company responses to be taken in the case of emergencies, setbacks, or unexpected conditions.

A long-term time frame is most closely associated with:

Which of the following strategies involves rewarding an employee's innovation?

The planning process begins with which of these?

Operational planning specifies plans for department managers, supervisors, and individual employees.

Research has shown that strategic thinking and planning positively affect a firm's performance and financial success.

Front-line managers have the final responsibility for strategic planning.

Innovative Management for a Changing World

The Environment and Corporate Culture

Managing in a Global Environment

Managing Ethics and Social Responsibility

Managerial Decision Making

Designing Adaptive Organizations

Managing Change and Innovation

Managing Human Resources and Diversity

Understanding Individual Behavior

Leadership

Motivating Employees

Managing Communication

Leading Teams

Managing Quality and Performance

Managing Small Business Start-Ups

Filters

Exam 5: Managerial Planning and Goal Setting

Opportunities are characteristics of the internal environment that have the potential to help the organization achieve or exceed its strategic goals.

Which of these isare) primarily concerned with tactical goals/plans?

List and define the four major activities that must occur in order for management by objectives MBO) to succeed.

_______is a method whereby managers and employees define goals for every department, project, and person and use them to monitor subsequent performance.

Which of the following is NOT involved in the stages of crisis planning?

Briefly discuss Porter's three competitive strategies.

Sarah is a middle manager at Stylin' Sneakers Corporation. She is most likely responsible for the achievement of_______ goals.

In a turbulent business climate, managers should focus on strategic stability rather than flexibility.

Managers believe that they are better oriented toward goal achievement when_______ is used.

Which of the following is a Porter's competitive strategy?

In centralized planning, managers at all levels work with planning experts to develop their own goals and plans.

Which of the following is not a step in the organizational planning process?

Tactical plans are designed to help execute the major strategic plans and to accomplish a specific part of the company's strategy.

Crisis plans define company responses to be taken in the case of emergencies, setbacks, or unexpected conditions.

A long-term time frame is most closely associated with:

Which of the following strategies involves rewarding an employee's innovation?

The planning process begins with which of these?

Operational planning specifies plans for department managers, supervisors, and individual employees.

Research has shown that strategic thinking and planning positively affect a firm's performance and financial success.

Front-line managers have the final responsibility for strategic planning.

Innovative Management for a Changing World

The Environment and Corporate Culture

Managing in a Global Environment

Managing Ethics and Social Responsibility

Managerial Decision Making

Designing Adaptive Organizations

Managing Change and Innovation

Managing Human Resources and Diversity

Understanding Individual Behavior

Leadership

Motivating Employees

Managing Communication

Leading Teams

Managing Quality and Performance

Managing Small Business Start-Ups

Filters