Exam 5: Managerial Planning and Goal Setting

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Tactical goals and plans are the responsibility of front-line managers and supervisors.

(True/False)
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Which of the following represent plans developed at the organization's lower levels that specify action steps toward achieving operational goals and that support tactical planning activities?

(Multiple Choice)
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The official goals of the organization are best represented by the ____.

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The crisis management plan should be a ____ that specifies the actions to be taken,and by whom,if a crisis occurs.

(Multiple Choice)
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The crisis management plan should be a(n)____________________ that specifies the actions to be taken,and by whom,if a crisis occurs.

(Short Answer)
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____________________ define the action steps by which an organization intends to attain its strategic goals.

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A desired future state that the individual or organization attempts to realize is a goal.

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At Save-tech,Sophia,director of marketing,is a member of a cross-functional group of managers and employees. The purpose of the group is to gain a deep understanding company's competitive environment and periodically present these findings to top management. Sophia is involved in what type of team?

(Multiple Choice)
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A special type of contingency plan that is used when events are sudden and devastating and require immediate response is called ____________________.

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The two stages of crisis planning include:

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

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The bargaining power of customers is one of Porter's five competitive forces.

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____ specify future ends and ____ specify today's means.

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The ____ is the basis for the strategic level of goals and plans which in turn shapes the ____ and ____ level.

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Jerrica,a finance manager at LRV industries,is asked by her boss to develop a plan in the event that company sales drop by 20 percent or more. This type of plan is known as a(n):

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Step 1 in the organizational planning process is to review progress.

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Planning cannot tame a turbulent environment.

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The use of managerial and organizational tools to direct resources toward accomplishing strategic results is known as ___________.

(Short Answer)
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Some firms engage in crisis planning to enable them to cope with unexpected events that are so sudden and devastating that they have the potential to destroy the organization.

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Better-Than-The-Rest,Inc.'s ability to market its products better than its competitors is an example of its core competence.

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