Exam 7: Managerial Planning and Goal Setting

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One major problem with MBO is

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A(n) ______________________________ is a broadly stated definition of basic business scope and operations that distinguishes the organization from others of a similar type.

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The ultimate impact of goals depended on the extent to which goal achievement is linked to

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A temporary group consisting of line managers responsible for developing strategic plans is called a centralized planning group.

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____________________ plans are developed at the lower levels of the organization to specify action steps toward achieving operational goals and to support tactical plans.

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Contingency plans are also referred to as

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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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In the ____________________ stage of crisis management, the company needs to care for the emotional and physical safety of its stakeholders.

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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 is not a step in the containment stage in crisis management?

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"We seek to become the premier business school in the west" is an example of a statement you are most likely to find in the organization's

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List and define the four major activities that must occur in order for management by objectives (MBO) to succeed.

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Because everything else stems from leading, of the four management functions, leading is considered the most fundamental.

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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.

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

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California Creamery requires that all absent employees bring a note from their doctor when returning to work. This is an example of a

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In decentralized planning, managers work with planning experts to develop their own goals and plans.

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CASE Scenario - Elaine Eastman The new program would be focused around MBO concepts. Elaine Eastman had been a manager at ABCD for ten years and she was not all 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. -Elaine can anticipate and work to prevent the problems of MBO which include

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Strategic plans and goals are those that focus on where the organization wants to be in the future and pertain to the organization as a whole.

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Operational plans and goals are those that focus on the outcomes that major divisions and departments must achieve in order for the organization to reach its overall goals.

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