Exam 5: Planning and Decision Making
Exam 1: Management55 Questions
Exam 2: The History of Management107 Questions
Exam 3: Organizational Environments and Cultures117 Questions
Exam 4: Ethics and Social Responsibility71 Questions
Exam 5: Planning and Decision Making119 Questions
Exam 6: Organizational Strategy117 Questions
Exam 7: Innovation and Change104 Questions
Exam 8: Global Management109 Questions
Exam 9: Designing Adaptive Organizations105 Questions
Exam 10: Managing Teams118 Questions
Exam 11: Managing Human Resource Systems105 Questions
Exam 12: Managing Individuals and a Diverse Workforce108 Questions
Exam 13: Motivation116 Questions
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The three kinds of standing plans are policies, procedures, and rules and regulations.
(True/False)
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The manager of a car manufacturing company in the U.S. wants to set up factories in three other countries by the end of the year. After he has set this goal, which of the following is the next step he should take in order to achieve this goal?
(Multiple Choice)
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Explain how the rational decision-making process may help to overcome predispositions and biases that a manager has in a given decision-making situation.
(Essay)
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A laptop manufacturer has created a set of methods to deal with specific technical issues raised by customers. These methods are _____.
(Multiple Choice)
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Caleb wants to increase the efficiency of his coffee plant. He is trying to decide which option is better: installing new equipment or servicing the old ones. In the context of the decision-making concept, Caleb is _____.
(Multiple Choice)
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Identify the four basic steps in the management by objectives process.
(Essay)
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A(n) _____ lists the specific steps, people, resources, and time period for accomplishing a goal.
(Multiple Choice)
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Which of the following is the first step in establishing a devil's advocacy program?
(Multiple Choice)
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The presence of a gap between an existing state and a desired state is no guarantee that managers will make decisions to solve problems.
(True/False)
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Creating and executing a plan is one of the most important tasks of a manager.
(True/False)
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For options-based planning to work, the organization must _____.
(Multiple Choice)
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At a canning factory, new employees were instructed to wear a certain type of clothes when working around the canning machine. The description of the clothes was very detailed and specific. Which of the following kinds of standing plans is described in this example?
(Multiple Choice)
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For planning to be effective, workers need a specific, challenging goal as well as regular feedback to track their progress.
(True/False)
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On average, companies that create plans have larger profits and grow much faster than companies that don't.
(True/False)
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A daughter of a well-known financier is currently in her first year of college but has decided that she definitely wants to earn an MBA as soon as possible after earning her four-year college degree. Outline the five steps in effective planning and use these planning guidelines to develop an appropriate plan for her.
(Essay)
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The six steps in the rational decision-making process are as follows: (1) frame the problem, (2) identify decision criteria, (3) weight the criteria, (4) generate alternative courses of action, (5) evaluate each alternative, and (6) compute the optimal decision.
(True/False)
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Which of the following statements is true about tactical plans?
(Multiple Choice)
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