Question 1

The presence of planning inhibits the ability of departments and individuals to work together or organizations to move.

Accepted Answer

A) True 
 B)False

Question 2

In the management by objectives (MBO) process of goal setting, goals are ambiguous, giving managers and employees more flexibility to respond to changing conditions.

Accepted Answer

A) True 
 B)False

Question 3

A ________ is a broad statement of an organization's purpose that provides an overall guide to what organizational members think is important.

Accepted Answer

A)  mission 
B)  vision 
C)  project 
D)  preamble 
A)  mission 
B)  vision 
C)  project 
D)  preamble

Question 4

The number of years used to define short-term and long-term plans has increased considerably because of the greater environmental certainty businesses have today.

Accepted Answer

A) True 
 B)False

Question 5

In ________, goals set by top managers flow down through the organization and become subgoals for each organizational area.

Accepted Answer

A)  management by objectives 
B)  management by observation 
C)  traditional goal setting 
D)  traditional planning 
A)  management by objectives 
B)  management by observation 
C)  traditional goal setting 
D)  traditional planning

Question 6

Which one of the following is a problem associated with traditional goal setting?

Accepted Answer

A)  Top level managers tend to define the organization's goals in very narrow terms. 
B)  Transition of strategic goals into departmental, team, and individual goals is difficult. 
C)  It can result in the formation of a means-ends chain. 
D)  Goals set are invariably easily accomplished. 
A)  Top level managers tend to define the organization's goals in very narrow terms. 
B)  Transition of strategic goals into departmental, team, and individual goals is difficult. 
C)  It can result in the formation of a means-ends chain. 
D)  Goals set are invariably easily accomplished.

Question 7

If top management set a goal that each store in the company should have sales equal to or greater than $100 per square foot per day, this would be an example of ________.

Accepted Answer

A)  a strategic plan 
B)  a directional plan 
C)  a financial goal 
D)  a strategic goal 
A)  a strategic plan 
B)  a directional plan 
C)  a financial goal 
D)  a strategic goal

Question 8

When uncertainty is high, plans should be ________ and ________.

Accepted Answer

A)  specific; flexible 
B)  directional; standing 
C)  short-term; directional 
D)  general; informal 
A)  specific; flexible 
B)  directional; standing 
C)  short-term; directional 
D)  general; informal

Question 9

As managers plan, they develop both goals and plans.

Accepted Answer

A) True 
 B)False

Question 10

There is a fine line between what is legal and ethical and what is legal but unethical.

Accepted Answer

A) True 
 B)False

Question 11

Which one of the following is an assumption associated with traditional goal setting?

Accepted Answer

A)  Employees will be more motivated to try to attain goals that they helped set. 
B)  Clarity and specificity are preserved as the goals filter down through organizational levels. 
C)  Top managers know what is best because they see the "big picture." 
D)  Managers and employees together develop goals. 
A)  Employees will be more motivated to try to attain goals that they helped set. 
B)  Clarity and specificity are preserved as the goals filter down through organizational levels. 
C)  Top managers know what is best because they see the "big picture." 
D)  Managers and employees together develop goals.

Question 12

Long-term plans are defined as those with a time frame beyond ________.

Accepted Answer

A)  seven years 
B)  one year 
C)  five years 
D)  three years 
A)  seven years 
B)  one year 
C)  five years 
D)  three years

Question 13

When making editorial decisions for his newspaper, the owner/editor mostly picks issues that are in line with his political beliefs and those that his advertisers approve of despite his publicly stated goal "to be a champion for free speech and for the development of the community." This indicates that ________.

Accepted Answer

A)  the company's strategic goals do not leave any room for interpretation 
B)  the company's stated goals are not its real goals 
C)  the company's goals are directional in nature 
D)  the company's financial goals derive from its strategic goals 
A)  the company's strategic goals do not leave any room for interpretation 
B)  the company's stated goals are not its real goals 
C)  the company's goals are directional in nature 
D)  the company's financial goals derive from its strategic goals

Question 14

Plans that encompass only the production or the sales goals of a company are termed ________ plans.

Accepted Answer

A)  operational 
B)  strategic 
C)  informal 
D)  financial 
A)  operational 
B)  strategic 
C)  informal 
D)  financial

Question 15

Which one of the following statements is true of planning in dynamic environments?

Accepted Answer

A)  Organizations should follow a pyramidal structure when operating in uncertain environments. 
B)  Organizations must discontinue formal planning in such a scenario. 
C)  To be useful in a dynamic environment, plans need to be specific and unchanging. 
D)  Flatter organizational hierarchies are necessary for planning in uncertain environments. 
A)  Organizations should follow a pyramidal structure when operating in uncertain environments. 
B)  Organizations must discontinue formal planning in such a scenario. 
C)  To be useful in a dynamic environment, plans need to be specific and unchanging. 
D)  Flatter organizational hierarchies are necessary for planning in uncertain environments.

Question 16

Long-term plans are those with a time frame beyond three years.

Accepted Answer

A) True 
 B)False

Question 17

White Forest Financials is a small investment firm, operating in an extremely volatile environment. One of the company's two owners, David White, is of the opinion that it would be futile for the company to engage in formal planning as the business environment is constantly shifting. However, the co-owner, Marsha Forest, believes that planning is essential for the company's success. Whom would you support? Why?

Accepted Answer

Marsha Forest is correct in her observat

Question 18

When is the traditional top-down approach to planning most likely to be effective?

Accepted Answer

A)  when lower level employees develop plans 
B)  when the plans focus on developing a large number of plans and carefully documenting them 
C)  when the management avoids the use of a formal planning department 
D)  when plans are developed that can actually be used by organizational members 
A)  when lower level employees develop plans 
B)  when the plans focus on developing a large number of plans and carefully documenting them 
C)  when the management avoids the use of a formal planning department 
D)  when plans are developed that can actually be used by organizational members

Question 19

Planning helps managers eliminate uncertainty and insulates organizations from change.

Accepted Answer

A) True 
 B)False

Question 20

________ planning dominates managers' planning efforts at lower levels of the organization.

Accepted Answer

A)  Strategic 
B)  Organization-wide 
C)  Operational 
D)  Directional 
A)  Strategic 
B)  Organization-wide 
C)  Operational 
D)  Directional

The presence of planning inhibits the ability of departments and individuals to work together or organizations to move.

In the management by objectives (MBO) process of goal setting, goals are ambiguous, giving managers and employees more flexibility to respond to changing conditions.

A ________ is a broad statement of an organization's purpose that provides an overall guide to what organizational members think is important.

The number of years used to define short-term and long-term plans has increased considerably because of the greater environmental certainty businesses have today.

In ________, goals set by top managers flow down through the organization and become subgoals for each organizational area.

Which one of the following is a problem associated with traditional goal setting?

If top management set a goal that each store in the company should have sales equal to or greater than $100 per square foot per day, this would be an example of ________.

When uncertainty is high, plans should be and .

As managers plan, they develop both goals and plans.

There is a fine line between what is legal and ethical and what is legal but unethical.

Which one of the following is an assumption associated with traditional goal setting?

Long-term plans are defined as those with a time frame beyond ________.

Plans that encompass only the production or the sales goals of a company are termed ________ plans.

Which one of the following statements is true of planning in dynamic environments?

Long-term plans are those with a time frame beyond three years.

When is the traditional top-down approach to planning most likely to be effective?

Planning helps managers eliminate uncertainty and insulates organizations from change.

________ planning dominates managers' planning efforts at lower levels of the organization.

Managers and You in the Workplace

Decision Making

Globalmanagement

Valuing a Diverse Workforce

Socially Conscious Management

Managing Change

Constraints Onmanagers

Strategic Planning

Fostering Entrepreneurship

Organization Design

Organizing Around Teams

Human Resourcemanagement

Interpersonal and Organizational Communication

Organizational Behavior

Leadership

Motivating Employees

Controlling Activities and Operations

Filters

Exam 8: Planning and Goal-Setting

The presence of planning inhibits the ability of departments and individuals to work together or organizations to move.

In the management by objectives (MBO) process of goal setting, goals are ambiguous, giving managers and employees more flexibility to respond to changing conditions.

A ________ is a broad statement of an organization's purpose that provides an overall guide to what organizational members think is important.

The number of years used to define short-term and long-term plans has increased considerably because of the greater environmental certainty businesses have today.

In ________, goals set by top managers flow down through the organization and become subgoals for each organizational area.

Which one of the following is a problem associated with traditional goal setting?

If top management set a goal that each store in the company should have sales equal to or greater than $100 per square foot per day, this would be an example of ________.

When uncertainty is high, plans should be ________ and ________.

As managers plan, they develop both goals and plans.

There is a fine line between what is legal and ethical and what is legal but unethical.

Which one of the following is an assumption associated with traditional goal setting?

Long-term plans are defined as those with a time frame beyond ________.

Plans that encompass only the production or the sales goals of a company are termed ________ plans.

Which one of the following statements is true of planning in dynamic environments?

Long-term plans are those with a time frame beyond three years.

When is the traditional top-down approach to planning most likely to be effective?

Planning helps managers eliminate uncertainty and insulates organizations from change.

________ planning dominates managers' planning efforts at lower levels of the organization.

Managers and You in the Workplace

Decision Making

Globalmanagement

Valuing a Diverse Workforce

Socially Conscious Management

Managing Change

Constraints Onmanagers

Strategic Planning

Fostering Entrepreneurship

Organization Design

Organizing Around Teams

Human Resourcemanagement

Interpersonal and Organizational Communication

Organizational Behavior

Leadership

Motivating Employees

Controlling Activities and Operations

Filters

When uncertainty is high, plans should be and .