Exam 5: Plans and Planning Tools

________ is the process of formulating a detailed listing of activities that must be accomplished to attain an objective, allocating the resources necessary to attain the objective, and setting up and following timetables for completing the objective.

Which of the following refers to targets to be achieved within a time frame of five to seven years?

Which of the following is an example of a statement of organizational purpose?

What is planning? What are the advantages and potential disadvantages of planning?

________ is a network of project activities showing both the estimates of time necessary to complete each activity and the sequence of activities that must be followed to complete the project.

Which of the following is NOT a necessary factor for a successful management by objectives (MBO) program?

What are some of the main reasons plans fail?

It is important to provide employees with a time frame for accomplishing their objectives because ________.

In a management by objectives program (MBO), why must managers be careful not to conclude automatically that employees have produced at an acceptable level simply because they have reached their objectives?

What is the difference between an organizational objective and a statement of organizational purpose?

A manager reviewing how to keep employees safe typically develops a workplace violence ________.

Which of the following best describes the difference between an activity and an event?

Are planning tools an effective way for managers to enhance their company's plans and goals? Defend your answer.

When setting objectives, managers should state objectives as specifically as possible because ________.

According to Drucker, which of the following statements is an example of an organizational objective related to productivity?

A potential disadvantage of planning is that it can take up too much managerial time.

Which of the following two questions best summarizes the steps involved in the planning function?

Which planning tool are Wal-Mart managers using when they come together to discuss the inventory and quantity of products each store needs?

Which of the following guidelines helps employees know exactly how managers will determine whether an objective has been reached?

"To lower the rate of employee attrition within the organization by 5 percent through the use of effective employee retention and motivation techniques." Which of the following is a valid criticism of this objective?