Exam 5: Managerial Planning and Goal Setting

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A firms' leadership is responsible for recruiting,selecting,training,transferring,promoting,and laying off employees.

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Differentiation,cost leadership,and focus are three of Porter's competitive strategies.

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At the top of the goal hierarchy is the

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All of the following are characteristics of effective goal setting EXCEPT

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Managers use ____ to direct employees and resources toward achieving specific outcomes that enable the organization to perform efficiently and effectively.

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____ refers to a desired future state that an organization attempts to realize.

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Briefly define the characteristics of an effective goal.

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"We respect our employees and value their diversity" is an example of a statement you are most likely to find in the organization's

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Silver Star Automobiles holds monthly planning and operational reviews to ensure that it is on track for meeting organizational goals.This involves which stage of the organizational planning process?

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The goals should be easy,for employees to feel motivated,so that they can achieve them easily which in turn increases their motivation level.

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Which of the following symbolizes the legitimacy of the organization to external audiences?

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SWOT analysis includes a review of the internal threats and opportunities.

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____ is the act of determining the organization's goals and the means for achieving them.

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Stretch goals are typically so far beyond the current levels that people have to be innovative to find ways to reach them.

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

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Standing plans define company responses to specific situations such as natural emergencies or competitive setbacks.

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Tactical goals and plans are the responsibility of middle managers.

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Three critical planning methods are contingency planning,building scenarios,and crisis planning.

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Which of the following is a commonly-cited limitation of planning?

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The ____ function recruits,selects,trains,transfers,promotes,and lays off employees to achieve strategic goals.

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