Exam 8: Planning Processes and Techniques

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Which of the following is true of planning?

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____ set targets for actual performance results.

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In which step of the planning process does one take action and carefully measure progress toward objectives?

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_____ is the use of external and internal comparisons to better evaluate one's current performance and identify possible ways to improve for the future.

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In which step of the planning process would one know where one is placed in reaching the goals, and what strengths work in one's favor and what weaknesses may hold one back?

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A(n) _____ oriented manager anticipates problems and opportunities so they can be dealt with most effectively.

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An organization with flexibility operates with an orientation toward the past rather than the future.

(True/False)
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Sahoko, the manager of a construction company, is in charge of allocating equipment and construction workers to different construction projects. She allocates the majority of equipment and workers to high priority projects. In this scenario, Sahoko creates a _____ budget.

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_____ is the process of predicting what will happen in the future.

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_____ identifies alternative courses of action to take when things go wrong.

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Strategic plans are focused only on a specific department of an organization.

(True/False)
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Objectives and goals are ____ results that one wishes to achieve.

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Procedures set broad guidelines for decisions.

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Without control, the process of _____ lacks the follow-through needed to ensure that things work out as intended.

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____ help(s) link tactical goals in means-end fashion with the accomplishment of strategic goals.

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As Hazel Inc.'s original suppliers have suddenly shut down, it is now making plans to find alternate suppliers to provide resources for its manufacturing plant. Such plans are referred to as _____ plans.

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Which of the following is the first step in the planning process?

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Which of the following management functions deals with the allocation and arrangement of resources to accomplish tasks?

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The purpose of benchmarking is to _____.

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Controlling is the process of setting objectives and determining how to accomplish them.

(True/False)
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