Question 1

"We respect our employees and value their diversity" is an example of a statement you are most likely to find in the organization's:

Accepted Answer

A) mission. 
B) strategic goals. 
C) tactical goals. 
D) strategic plans. 
E) tactical plans. 
A) mission. 
B) strategic goals. 
C) tactical goals. 
D) strategic plans. 
E) tactical plans.

Question 2

_____ is the set of decisions and actions used to formulate and implement strategies that will provide a competitively superior fit between the organization and its environment so as to achieve organizational goals.

Accepted Answer

Strategic

Question 3

Alabama Airlines has three planning specialists who help division managers develop their own division plans.Serving as consultants to the divisions,the planning specialists give advice about strengths,weaknesses,opportunities,and threats.Alabama Airlines is utilizing what approach to the planning function?

Accepted Answer

A) Centralized planning department 
B) Decentralized planning staff 
C) Planning task force 
D) Centralized planning committee 
E) TQM 
A) Centralized planning department 
B) Decentralized planning staff 
C) Planning task force 
D) Centralized planning committee 
E) TQM

Question 4

Of executives whose companies had no formal strategic planning process,about half said they were dissatisfied with the company's development strategy.

Accepted Answer

A) True 
 B)False

Question 5

One of the biggest benefits of planning is that,in turbulent environments,plans create greater organizational flexibility.

Accepted Answer

A) True 
 B)False

Question 6

A group of planning specialists assigned to major departments and divisions to help managers develop their own strategic plans is called _____.

Accepted Answer

decentrali

Question 7

_____ assess what is important to the organization and how well the organization is progressing toward attaining its strategic goal.

Accepted Answer

Key perfor

Question 8

Goals should be easy for employees to feel motivated so that they can achieve them easily,which in turn increases their motivation level.

Accepted Answer

A) True 
 B)False

Question 9

Jeff is a top manager at a textile factory.He is developing a crisis plan in the event that the company has a toxic spill or accident.Which of the following should Jeff undertake to prepare for such a crisis?

Accepted Answer

A) Building relationships with neighboring businesses 
B) Detecting signals from the natural environment 
C) Polling employees on the likelihood of an environmental disaster 
D) Designating a crisis management team in the event of an environmental disaster 
E) Dismantling the company's ties to the external media 
A) Building relationships with neighboring businesses 
B) Detecting signals from the natural environment 
C) Polling employees on the likelihood of an environmental disaster 
D) Designating a crisis management team in the event of an environmental disaster 
E) Dismantling the company's ties to the external media

Question 10

A business activity that an organization does particularly well relative to its competition is known as a(n)_____.

Accepted Answer

The answer of A business activity that an organization does...

Question 11

A blueprint specifying the resource allocations schedules,and other actions necessary for attaining goals is referred to as a(n):

Accepted Answer

A) goal. 
B) plan. 
C) mission. 
D) vision. 
E) objective. 
A) goal. 
B) plan. 
C) mission. 
D) vision. 
E) objective.

Question 12

Briefly discuss Porter's three competitive strategies.

Accepted Answer

Porter identified three competitive stra

Question 13

When top executives work with managers in major divisions or departments to develop their own goals and plans,it is known as _____ planning.

Accepted Answer

A) interdepartmental 
B) crisis 
C) focus 
D) decentralized 
E) competitive 
A) interdepartmental 
B) crisis 
C) focus 
D) decentralized 
E) competitive

Question 14

Competitive advantage refers to the set of decisions and actions used to formulate and implement strategies.

Accepted Answer

A) True 
 B)False

Question 15

In the BCG matrix,the dog has _____ market share and _____ business growth rate.

Accepted Answer

The answer of In the BCG matrix,the dog has _____...

Question 16

_____ refers to the use of managerial tools to direct resources toward the achievement of strategic goals.

Accepted Answer

A) Strategy formulation 
B) Strategy coordination 
C) Strategy execution 
D) Strategy control 
E) Strategy planning 
A) Strategy formulation 
B) Strategy coordination 
C) Strategy execution 
D) Strategy control 
E) Strategy planning

Question 17

Which of the following is NOT one of the benefits of MBO?

Accepted Answer

A) Performance can be improved at all company levels. 
B) Employees are motivated. 
C) Efforts are focused on activities that will lead to goal attainment. 
D) Operational goals are able to displace strategic goals. 
E) Individual and department goals are aligned with company goals. 
A) Performance can be improved at all company levels. 
B) Employees are motivated. 
C) Efforts are focused on activities that will lead to goal attainment. 
D) Operational goals are able to displace strategic goals. 
E) Individual and department goals are aligned with company goals.

Question 18

With a(n)_____ strategy,the organization aggressively seeks efficient facilities,pursues cost reductions,and uses tight cost controls to produce products more efficiently than competitors.

Accepted Answer

The answer of With a(n)_____ strategy,the organization aggressively seeks efficient...

Question 19

A special type of contingency plan that is used when events are sudden and devastating and require immediate response is called _____.

Accepted Answer

crisis man

Question 20

List the five characteristics of effective goals.

Accepted Answer

Goals should be (1)specific and measurab

"We respect our employees and value their diversity" is an example of a statement you are most likely to find in the organization's:

_____ is the set of decisions and actions used to formulate and implement strategies that will provide a competitively superior fit between the organization and its environment so as to achieve organizational goals.

Of executives whose companies had no formal strategic planning process,about half said they were dissatisfied with the company's development strategy.

One of the biggest benefits of planning is that,in turbulent environments,plans create greater organizational flexibility.

A group of planning specialists assigned to major departments and divisions to help managers develop their own strategic plans is called _____.

_____ assess what is important to the organization and how well the organization is progressing toward attaining its strategic goal.

Goals should be easy for employees to feel motivated so that they can achieve them easily,which in turn increases their motivation level.

Jeff is a top manager at a textile factory.He is developing a crisis plan in the event that the company has a toxic spill or accident.Which of the following should Jeff undertake to prepare for such a crisis?

A business activity that an organization does particularly well relative to its competition is known as a(n)_____.

A blueprint specifying the resource allocations schedules,and other actions necessary for attaining goals is referred to as a(n):

Briefly discuss Porter's three competitive strategies.

When top executives work with managers in major divisions or departments to develop their own goals and plans,it is known as _____ planning.

Competitive advantage refers to the set of decisions and actions used to formulate and implement strategies.

In the BCG matrix,the dog has _ market share and _ business growth rate.

_____ refers to the use of managerial tools to direct resources toward the achievement of strategic goals.

Which of the following is NOT one of the benefits of MBO?

With a(n)_____ strategy,the organization aggressively seeks efficient facilities,pursues cost reductions,and uses tight cost controls to produce products more efficiently than competitors.

A special type of contingency plan that is used when events are sudden and devastating and require immediate response is called _____.

List the five characteristics of effective goals.

The World of Innovative Management

The Environment and Corporate Culture

Managing in a Global Environment

Managing Ethics and Social Responsibility

Managerial Decision Making

Designing Organization Structure

Managing Change and Innovation

Managing Human Resources and Diversity

Understanding Individual Behavior

Leadership

Motivating Employees

Managing Communication

Leading Teams

Managing Quality and Performance

Filters

Exam 5: Planning and Goal Setting

"We respect our employees and value their diversity" is an example of a statement you are most likely to find in the organization's:

_____ is the set of decisions and actions used to formulate and implement strategies that will provide a competitively superior fit between the organization and its environment so as to achieve organizational goals.

Of executives whose companies had no formal strategic planning process,about half said they were dissatisfied with the company's development strategy.

One of the biggest benefits of planning is that,in turbulent environments,plans create greater organizational flexibility.

A group of planning specialists assigned to major departments and divisions to help managers develop their own strategic plans is called _____.

_____ assess what is important to the organization and how well the organization is progressing toward attaining its strategic goal.

Goals should be easy for employees to feel motivated so that they can achieve them easily,which in turn increases their motivation level.

Jeff is a top manager at a textile factory.He is developing a crisis plan in the event that the company has a toxic spill or accident.Which of the following should Jeff undertake to prepare for such a crisis?

A business activity that an organization does particularly well relative to its competition is known as a(n)_____.

A blueprint specifying the resource allocations schedules,and other actions necessary for attaining goals is referred to as a(n):

Briefly discuss Porter's three competitive strategies.

When top executives work with managers in major divisions or departments to develop their own goals and plans,it is known as _____ planning.

Competitive advantage refers to the set of decisions and actions used to formulate and implement strategies.

In the BCG matrix,the dog has _____ market share and _____ business growth rate.

_____ refers to the use of managerial tools to direct resources toward the achievement of strategic goals.

Which of the following is NOT one of the benefits of MBO?

With a(n)_____ strategy,the organization aggressively seeks efficient facilities,pursues cost reductions,and uses tight cost controls to produce products more efficiently than competitors.

A special type of contingency plan that is used when events are sudden and devastating and require immediate response is called _____.

List the five characteristics of effective goals.

The World of Innovative Management

The Environment and Corporate Culture

Managing in a Global Environment

Managing Ethics and Social Responsibility

Managerial Decision Making

Designing Organization Structure

Managing Change and Innovation

Managing Human Resources and Diversity

Understanding Individual Behavior

Leadership

Motivating Employees

Managing Communication

Leading Teams

Managing Quality and Performance

Filters

In the BCG matrix,the dog has _ market share and _ business growth rate.