Exam 5: Planning and Goal Setting

Executives acquire information about external opportunities and strengths from a variety of reports,including budgets,financial ratios,profit and loss statements,and surveys of employee attitudes and satisfaction.

(True/False)

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Question 41

Front-line managers have the final responsibility for strategic planning.

(True/False)

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Question 42

Sarah is a middle manager at Stylin' Sneakers Corporation.She is most likely responsible for the achievement of _____ goals.

(Multiple Choice)

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Question 43

One of the limitations of setting goals and making plans is that they can get in the way of creativity.

(True/False)

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Question 44

The task environment sectors are the most relevant to strategic behavior and include the behavior of competitors,customers,suppliers,and the labor supply.

(True/False)

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Question 45

List the four major activities that must occur in order for MBO to succeed.

(Essay)

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Question 46

A long-term time frame is most closely associated with:

(Multiple Choice)

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Question 47

Defining operational goals and plans occurs in the execution phase of the organizational planning process.

(True/False)

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Question 48

Of the strategic management functions,which is considered the most fundamental?

(Multiple Choice)

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Question 49

The essence of formulating strategy is choosing how the organization will conform to become like its key competitors in the industry.

(True/False)

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Question 50

Double Click,Inc.has a number of strategic business units.Their hand-held computer unit has a large market share in this rapidly growing industry.Their hand-held computer business would be classified as:

(Multiple Choice)

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Question 51

The CEO of Andre's Autos,Inc.must do all of the planning for the company because that is the way to do things in today's workplace.

(True/False)

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Question 52

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.

(True/False)

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Question 53

_____ is a method whereby managers and employees define goals for every department,project,and person and use them to monitor subsequent performance.

(Short Answer)

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Question 54

Goals are typically stated in quantitative terms.

(True/False)

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Question 55

Broad statements describing where the organization wants to be in the future are called _____.

(Short Answer)

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Question 56

List the four components of a SWOT analysis.

(Short Answer)

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Question 57

Focusing manager and employee efforts on activities that will lead to goal attainment is a benefit of what management method?

(Multiple Choice)

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Question 58

Goals are most effective when they are specific,measurable,challenging and linked to rewards.

(True/False)

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Question 59

Compare the four levels of goals and plans.

(Essay)

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Question 60

Showing 41 - 60 of 65

Executives acquire information about external opportunities and strengths from a variety of reports,including budgets,financial ratios,profit and loss statements,and surveys of employee attitudes and satisfaction.

Front-line managers have the final responsibility for strategic planning.

Sarah is a middle manager at Stylin' Sneakers Corporation.She is most likely responsible for the achievement of _____ goals.

One of the limitations of setting goals and making plans is that they can get in the way of creativity.

The task environment sectors are the most relevant to strategic behavior and include the behavior of competitors,customers,suppliers,and the labor supply.

List the four major activities that must occur in order for MBO to succeed.

A long-term time frame is most closely associated with:

Defining operational goals and plans occurs in the execution phase of the organizational planning process.

Of the strategic management functions,which is considered the most fundamental?

The essence of formulating strategy is choosing how the organization will conform to become like its key competitors in the industry.

Double Click,Inc.has a number of strategic business units.Their hand-held computer unit has a large market share in this rapidly growing industry.Their hand-held computer business would be classified as:

The CEO of Andre's Autos,Inc.must do all of the planning for the company because that is the way to do things in today's workplace.

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.

_____ is a method whereby managers and employees define goals for every department,project,and person and use them to monitor subsequent performance.

Goals are typically stated in quantitative terms.

Broad statements describing where the organization wants to be in the future are called _____.

List the four components of a SWOT analysis.

Focusing manager and employee efforts on activities that will lead to goal attainment is a benefit of what management method?

Goals are most effective when they are specific,measurable,challenging and linked to rewards.

Compare the four levels of goals and plans.

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