Exam 7: Managerial Planning and Goal Setting

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_____ plans are used to provide guidance for work-related tasks that are performed repeatedly within the organization.

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Standing

A major difference between rules and policies is that rules are broad in scope whereas policies are narrow in scope.

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False

In developing a strategy map for her interior design business, Carla has decided to promote employee development by providing online training tools. This involves goals in which strategy map category?

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B

A statement that identifies distinguishing characteristics of an organization is known as a(n):

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Frostburg Fireplaces has used MBO for the past year. Top management just finished evaluating overall performance. The next step in the MBO process should be:

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According to the strategy map described in chapter 7, which of the following is NOT a type of goal?

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Which type of plan helps managers implement the overall strategic plan?

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Providing innovative solutions to customer needs is a goal that would be placed in the internal business process category on a strategy map.

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Which of these are true about contingency plans?

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If Renae, manager at Leak Free Roofing, wanted to develop a contingency plan for Leak Free, she would need to look at factors such as new equipment, the economy, and the company workers' compensation cases.

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In step 1 of Management By Objectives, overall performance is appraised.

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_____ is the final step in the MBO process.

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_____ goals lead to the attainment of _____ goals, which in turn lead to the attainment of _____ goals.

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_____ define boundaries within which to make a decision.

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Plans provide a standard of assessment.

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Operational plans that focus on specific tasks and processes that help to meet tactical and strategic goals are developed by _____ managers and supervisors.

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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?

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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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Goals that define the outcomes that major departments must achieve in order for the organization to reach its overall goals are known as _____ goals.

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Step 1 in Management by Objectives is to review progress.

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