Question 1

Top executives are mainly involved in ________ planning.

Accepted Answer

A)  functional 
B)  operational 
C)  strategic 
D)  departmental 
A)  functional 
B)  operational 
C)  strategic 
D)  departmental

Question 2

Which one of the following would be a legal and ethical source of business intelligence?

Accepted Answer

A)  competitors' financial data 
B)  information provided by a former employee 
C)  memos found in a business's trash 
D)  posts on social media 
A)  competitors' financial data 
B)  information provided by a former employee 
C)  memos found in a business's trash 
D)  posts on social media

Question 3

Short-term plans are those covering ________ or less.

Accepted Answer

A)  three years 
B)  one year 
C)  six months 
D)  five years 
A)  three years 
B)  one year 
C)  six months 
D)  five years

Question 4

The commitment concept says that plans should extend far enough to meet those commitments made when the plans were developed.

Accepted Answer

A) True 
 B)False

Question 5

A ________ is an integrated network of goals in which the accomplishment of goals at one level makes possible the achievement of the goals at the next level.

Accepted Answer

A)  reverse pyramid 
B)  means-ends chain 
C)  bottom-up ladder 
D)  process sequence 
A)  reverse pyramid 
B)  means-ends chain 
C)  bottom-up ladder 
D)  process sequence

Question 6

In a short essay, discuss the three planning contingency factors that influence the choice of plans and illustrate how these factors influence planning.

Accepted Answer

Three contingency factors affect plannin

Question 7

Operational plans are usually ________.

Accepted Answer

A)  short term, directional, and standing 
B)  short term, specific, and standing 
C)  long term, directional, and single use 
D)  long term, specific, and standing 
A)  short term, directional, and standing 
B)  short term, specific, and standing 
C)  long term, directional, and single use 
D)  long term, specific, and standing

Question 8

Which one of the following statements is true regarding an organization's goals?

Accepted Answer

A)  All organizations share the single goal of making profits. 
B)  A single goal is more efficient than multiple goals for defining an organization's success. 
C)  Using a single goal such as profit may result in unethical behaviors by employees. 
D)  Long-term success is ensured if managers emphasize only one goal for an organization. 
A)  All organizations share the single goal of making profits. 
B)  A single goal is more efficient than multiple goals for defining an organization's success. 
C)  Using a single goal such as profit may result in unethical behaviors by employees. 
D)  Long-term success is ensured if managers emphasize only one goal for an organization.

Question 9

Goals are different from plans because ________.

Accepted Answer

A)  goals identify specific steps that the organization needs to achieve, and plans identify the overall mission of the organization 
B)  goals describe financial objectives, and plans describe objectives related to social responsibility 
C)  goals are important only for small companies, and plans are important only for large companies 
D)  goals are desired outcomes, and plans describe how those outcomes will be accomplished 
A)  goals identify specific steps that the organization needs to achieve, and plans identify the overall mission of the organization 
B)  goals describe financial objectives, and plans describe objectives related to social responsibility 
C)  goals are important only for small companies, and plans are important only for large companies 
D)  goals are desired outcomes, and plans describe how those outcomes will be accomplished

Question 10

Directional plans are clearly defined and leave no room for interpretation.

Accepted Answer

A) True 
 B)False

Question 11

Environmental scanning involves monitoring the firm's pollution emissions.

Accepted Answer

A) True 
 B)False

Question 12

Which one of the following is the last step in goal setting?

Accepted Answer

A)  review the organization's mission or purpose 
B)  determine the goals individually or with input from others 
C)  write down the goals and communicate them to all who need to know 
D)  review results and whether goals are being met 
A)  review the organization's mission or purpose 
B)  determine the goals individually or with input from others 
C)  write down the goals and communicate them to all who need to know 
D)  review results and whether goals are being met

Question 13

Which one of the following is true of the traditional approach to planning?

Accepted Answer

A)  Plans are developed by organizational members at the various levels. 
B)  This approach makes managerial planning thorough, systematic, and coordinated. 
C)  Plans created through this method are seldom written down. 
D)  Formal planning departments are rarely used in this approach. 
A)  Plans are developed by organizational members at the various levels. 
B)  This approach makes managerial planning thorough, systematic, and coordinated. 
C)  Plans created through this method are seldom written down. 
D)  Formal planning departments are rarely used in this approach.

Question 14

An organization's mission states that it "is committed to reducing its environmental footprint"; but its facilities do not comply with statutory environmental regulations. This is an instance of how ________.

Accepted Answer

A)  strategic goals help shape financial goals 
B)  long-term goals differ from short-term goals 
C)  an organizations stated goals need not be its real goals 
D)  a company's real goals are derived from its mission statement 
A)  strategic goals help shape financial goals 
B)  long-term goals differ from short-term goals 
C)  an organizations stated goals need not be its real goals 
D)  a company's real goals are derived from its mission statement

Question 15

Future factories may have equipment that sends data about itself to the ________ so managers can receive updates even when they are away from the equipment.

Accepted Answer

A)  Internet of the Future 
B)  security monitoring company 
C)  Internet of Things 
D)  Internet of Data 
A)  Internet of the Future 
B)  security monitoring company 
C)  Internet of Things 
D)  Internet of Data

Question 16

Todd Miller, CEO of Miller's Grocery, has determined that all stores should be well maintained both inside and out. This is an example of a ________.

Accepted Answer

A)  directional plan 
B)  specific plan 
C)  financial goal 
D)  social goal 
A)  directional plan 
B)  specific plan 
C)  financial goal 
D)  social goal

Question 17

Which one of the following is the best indicator of an organization's real goals?

Accepted Answer

A)  organizational members' actions 
B)  mission statement 
C)  annual reports 
D)  stock valuation 
A)  organizational members' actions 
B)  mission statement 
C)  annual reports 
D)  stock valuation

Question 18

Well-written goals are ________.

Accepted Answer

A)  written in terms of actions rather than outcomes 
B)  just out of reach 
C)  easily achieved 
D)  clear as to a time frame 
A)  written in terms of actions rather than outcomes 
B)  just out of reach 
C)  easily achieved 
D)  clear as to a time frame

Question 19

Bill has been working his plan for about three months. He is now discussing his progress with Jim, his supervisor. If Bill and Jim are using the MBO planning process, this discussion is called ________.

Accepted Answer

A)  performance feedback 
B)  redirection of goals 
C)  advise and adjust 
D)  the milestone checkpoint 
A)  performance feedback 
B)  redirection of goals 
C)  advise and adjust 
D)  the milestone checkpoint

Question 20

In a short essay, list and discuss six characteristics of well-designed goals.

Accepted Answer

(1) A well-designed goal should be writt

Top executives are mainly involved in ________ planning.

Which one of the following would be a legal and ethical source of business intelligence?

Short-term plans are those covering ________ or less.

The commitment concept says that plans should extend far enough to meet those commitments made when the plans were developed.

A ________ is an integrated network of goals in which the accomplishment of goals at one level makes possible the achievement of the goals at the next level.

In a short essay, discuss the three planning contingency factors that influence the choice of plans and illustrate how these factors influence planning.

Operational plans are usually ________.

Which one of the following statements is true regarding an organization's goals?

Goals are different from plans because ________.

Directional plans are clearly defined and leave no room for interpretation.

Environmental scanning involves monitoring the firm's pollution emissions.

Which one of the following is the last step in goal setting?

Which one of the following is true of the traditional approach to planning?

An organization's mission states that it "is committed to reducing its environmental footprint"; but its facilities do not comply with statutory environmental regulations. This is an instance of how ________.

Future factories may have equipment that sends data about itself to the ________ so managers can receive updates even when they are away from the equipment.

Todd Miller, CEO of Miller's Grocery, has determined that all stores should be well maintained both inside and out. This is an example of a ________.

Which one of the following is the best indicator of an organization's real goals?

Well-written goals are ________.

Bill has been working his plan for about three months. He is now discussing his progress with Jim, his supervisor. If Bill and Jim are using the MBO planning process, this discussion is called ________.

In a short essay, list and discuss six characteristics of well-designed goals.

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

Top executives are mainly involved in ________ planning.

Which one of the following would be a legal and ethical source of business intelligence?

Short-term plans are those covering ________ or less.

The commitment concept says that plans should extend far enough to meet those commitments made when the plans were developed.

A ________ is an integrated network of goals in which the accomplishment of goals at one level makes possible the achievement of the goals at the next level.

In a short essay, discuss the three planning contingency factors that influence the choice of plans and illustrate how these factors influence planning.

Operational plans are usually ________.

Which one of the following statements is true regarding an organization's goals?

Goals are different from plans because ________.

Directional plans are clearly defined and leave no room for interpretation.

Environmental scanning involves monitoring the firm's pollution emissions.

Which one of the following is the last step in goal setting?

Which one of the following is true of the traditional approach to planning?

An organization's mission states that it "is committed to reducing its environmental footprint"; but its facilities do not comply with statutory environmental regulations. This is an instance of how ________.

Future factories may have equipment that sends data about itself to the ________ so managers can receive updates even when they are away from the equipment.

Todd Miller, CEO of Miller's Grocery, has determined that all stores should be well maintained both inside and out. This is an example of a ________.

Which one of the following is the best indicator of an organization's real goals?

Well-written goals are ________.

Bill has been working his plan for about three months. He is now discussing his progress with Jim, his supervisor. If Bill and Jim are using the MBO planning process, this discussion is called ________.

In a short essay, list and discuss six characteristics of well-designed goals.

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