Exam 7: Managerial Planning and Goal Setting

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A blueprint specifying the resource allocations schedules, and other actions necessary for attaining goals is referred to as a(n) _____.

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List four reasons why planning generally positively affects a company's performance?

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What are the two stages of crisis management?

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Managers believe that they are better oriented toward goal achievement when _____ is used.

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Scenario - Katelynn Kareem Managers at WXYZ just announced that the new management program would be focused around MBO concepts. Katelynn Kareem had been a manager at WXYZ for ten years and she was not certain if this new MBO approach was going to fit her department. She had strong commitment to achieving the company's objectives, but she also knew her employees well enough to know that some didn't share the same commitment. -In the MBO process, after the first step of setting objectives is accomplished, the next step that Katelynn should expect is:

(Multiple Choice)
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Which of these is true about single-use plans?

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The act of determining the organization's goals and the means for achieving them is referred to as _____.

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All of the following are characteristics of effective goal setting except:

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In using MBO, objectives should be set by the:

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Which of the following is not a step in the organizational planning process?

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You are violating which of these goal characteristics when you attempt to create goals for every aspect of employee behavior?

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List three innovative approaches to planning.

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_____ enables firms to cope with unexpected events that are so sudden and devastating that they have the potential to destroy the organization if managers aren't prepared with a quick and appropriate response.

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_____ is a method whereby managers and employees define goals for every department, project, and person and use them to monitor subsequent performance.

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An organization's mission describes its reason for existence.

(True/False)
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Scenario - Katelynn Kareem Managers at WXYZ just announced that the new management program would be focused around MBO concepts. Katelynn Kareem had been a manager at WXYZ for ten years and she was not certain if this new MBO approach was going to fit her department. She had strong commitment to achieving the company's objectives, but she also knew her employees well enough to know that some didn't share the same commitment. -What can Katelynn expect to be doing during the final step of the MBO process?

(Multiple Choice)
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Jeff is a top manager at a textile factory. He is developing a crisis plan in the event that the company has a toxic spill or accident. Which of the following should Jeff undertake to prepare for such a crisis?

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_____ are reasonable yet highly ambitious goals that are so clear, compelling, and imaginative that they fire up employees and engender excellence.

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Which of these is a method of management whereby managers and employees define goals for every department, project, and person and use them to monitor subsequent performance?

(Multiple Choice)
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Tactical plans are designed to help execute the major strategic plans and to accomplish a specific part of the company's strategy.

(True/False)
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