Exam 7: Managerial Planning and Goal Setting

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

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D

Describe the guidelines for planning in the new workplace.

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First, start with a strong mission. Next, set stretch goals. Third, embrace event-driving planning. Fourth, use performance dashboards. Fifth, organize temporary task forces. And finally, top managers show support and commitment.

What are the three stages of crisis management?

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Prevention, Preparation, and Containment

To review progress is the final step in the MBO process.

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Which of these refers to a continuous, sequential process that takes advantage of unforeseen events to shift the company as needed to improve performance?

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The organization's reason for existence is known as

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MBO refers to managing by opportunity.

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All of the following are characteristics of effective goal setting EXCEPT

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Tabu is a salesperson at a large retail chain. She was assigned a goal of $265,000 in sales for the current quarter. She is unhappy because she knows that the most any salesperson has sold in one quarter in the past is $150,000. Her goal of $265,000 is probably

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Contingency plans can also be considered as scenarios.

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The company's philosophy as well as purpose is often expressed in mission statements.

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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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Traditionally, if Tara, CEO of Butterfly Pillows, needed to conduct corporate planning, it would be performed by all of the following EXCEPT

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Problems with MBO occur when the company faces rapid change.

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Beth is a middle manager at Egg Elements Corporation. She is most likely responsible for the achievement of __________ goals.

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Which of these is/are primarily concerned with tactical goals/plans?

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Which of these represent the broad statements of where the organization wants to be in the future?

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The traditional approach to corporate planning was to

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_________________________ plans are developed to achieve a set of goals that are not likely to be repeated in the future.

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Baltimore Brewery allows its line managers to take responsibility for strategic planning. This approach is consistent with which of the following?

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