Question 1

Which of these is created by the downward flow of the objectives?

Accepted Answer

A)  Organic structure 
B)  Command-and-control structure 
C)  Pareto analysis 
D)  Narrow-focused plans 
E)  A means-ends chain 
A)  Organic structure 
B)  Command-and-control structure 
C)  Pareto analysis 
D)  Narrow-focused plans 
E)  A means-ends chain

Question 2

Dan Sullivan, a consultant to entrepreneurs, argues that goals should be both real and realizable, typically not the case with many entrepreneurs.

Accepted Answer

A) True 
 B)False

Question 3

At the beginning of his sophomore year at Harvard, Mark Zuckerberg, developed and launched the world renowned Internet application Facebook.

Accepted Answer

A) True 
 B)False

Question 4

Lower-level managers set broader objectives with longer time horizons than top executives.

Accepted Answer

A) True 
 B)False

Question 5

If a flip flop shoe manufacturer has fixed costs of $40,000, a unit selling price of $10, and a variable cost per unit of $6, its break-even point in units is

Accepted Answer

A)  13,000. 
B)  3,000. 
C)  10,000. 
D)  impossible to tell without more data. 
E)  2,500. 
A)  13,000. 
B)  3,000. 
C)  10,000. 
D)  impossible to tell without more data. 
E)  2,500.

Question 6

Regarding the project manager's roles, the "entrepreneur's" challenge is to navigate unfamiliar surroundings and manage the unexpected.

Accepted Answer

A) True 
 B)False

Question 7

____ is not described as a benefit of objectives in the text.

Accepted Answer

A)  Motivation 
B)  Measuring sticks 
C)  Targets 
D)  Expertise 
E)  Commitment 
A)  Motivation 
B)  Measuring sticks 
C)  Targets 
D)  Expertise 
E)  Commitment

Question 8

Project managers are responsible for the big picture rather than the little details of their project.

Accepted Answer

A) True 
 B)False

Question 9

A mission statement, by definition, has an objective and an action statement.

Accepted Answer

A) True 
 B)False

Question 10

An organization's mission statement is the cornerstone for planning, the North Star for the entire planning process.

Accepted Answer

A) True 
 B)False

Question 11

Traditionally admired for their ability to gain what strategists call a first-mover advantage, prospectors are known for making things happen rather than waiting for them to happen.

Accepted Answer

A) True 
 B)False

Question 12

Well-written objectives should express results qualitatively rather than quantitatively.

Accepted Answer

A) True 
 B)False

Question 13

Progressive managers see plans as

Accepted Answer

A)  unimportant. 
B)  wishful thinking. 
C)  general guidelines for action. 
D)  the exclusive domain of top management. 
E)  destiny. 
A)  unimportant. 
B)  wishful thinking. 
C)  general guidelines for action. 
D)  the exclusive domain of top management. 
E)  destiny.

Question 14

What does uncertainty have to do with a manager's understanding of diversity?

Accepted Answer

Individual managers and employees deal w

Question 15

____ costs are tied to volume, labor, and materials in break-even analysis.

Accepted Answer

A)  Variable 
B)  Incremental 
C)  Dependent 
D)  Segmented 
E)  Fixed 
A)  Variable 
B)  Incremental 
C)  Dependent 
D)  Segmented 
E)  Fixed

Question 16

____ refers to the time elapsed between the formulation and the execution of a planned activity.

Accepted Answer

A)  Time gap 
B)  Planning horizon 
C)  Junction 
D)  Wasted time 
E)  Critical path gaps 
A)  Time gap 
B)  Planning horizon 
C)  Junction 
D)  Wasted time 
E)  Critical path gaps

Question 17

An example of a well-written objective is:

Accepted Answer

A)  "increase department sales by $250,000." 
B)  "increase this week's sales." 
C)  "to achieve a 15 percent increase in our hydro power car sales by December 31." 
D)  "reduce absenteeism." 
E)  "open a new sales office in India." 
A)  "increase department sales by $250,000." 
B)  "increase this week's sales." 
C)  "to achieve a 15 percent increase in our hydro power car sales by December 31." 
D)  "reduce absenteeism." 
E)  "open a new sales office in India."

Question 18

By adding a specific time dimension, Gantt charts improve upon flow charts.

Accepted Answer

A) True 
 B)False

Question 19

Brooke, a fellow student, asks you to explain Pareto's law because she has heard it mentioned as a way to establish priorities. Your answer should center on which of these?

Accepted Answer

A)  The 80/20 principle 
B)  Cycle time reduction 
C)  Diminishing returns 
D)  Time management 
E)  The A-B-C system 
A)  The 80/20 principle 
B)  Cycle time reduction 
C)  Diminishing returns 
D)  Time management 
E)  The A-B-C system

Question 20

____ uncertainty occurs when the environment, or a portion of the environment, is seen as unpredictable.

Accepted Answer

A)  Macro 
B)  State 
C)  Response 
D)  Economic 
E)  Effect 
A)  Macro 
B)  State 
C)  Response 
D)  Economic 
E)  Effect

Which of these is created by the downward flow of the objectives?

Dan Sullivan, a consultant to entrepreneurs, argues that goals should be both real and realizable, typically not the case with many entrepreneurs.

At the beginning of his sophomore year at Harvard, Mark Zuckerberg, developed and launched the world renowned Internet application Facebook.

Lower-level managers set broader objectives with longer time horizons than top executives.

If a flip flop shoe manufacturer has fixed costs of $40,000, a unit selling price of $10, and a variable cost per unit of $6, its break-even point in units is

Regarding the project manager's roles, the "entrepreneur's" challenge is to navigate unfamiliar surroundings and manage the unexpected.

____ is not described as a benefit of objectives in the text.

Project managers are responsible for the big picture rather than the little details of their project.

A mission statement, by definition, has an objective and an action statement.

An organization's mission statement is the cornerstone for planning, the North Star for the entire planning process.

Traditionally admired for their ability to gain what strategists call a first-mover advantage, prospectors are known for making things happen rather than waiting for them to happen.

Well-written objectives should express results qualitatively rather than quantitatively.

Progressive managers see plans as

What does uncertainty have to do with a manager's understanding of diversity?

____ costs are tied to volume, labor, and materials in break-even analysis.

____ refers to the time elapsed between the formulation and the execution of a planned activity.

An example of a well-written objective is:

By adding a specific time dimension, Gantt charts improve upon flow charts.

Brooke, a fellow student, asks you to explain Pareto's law because she has heard it mentioned as a way to establish priorities. Your answer should center on which of these?

____ uncertainty occurs when the environment, or a portion of the environment, is seen as unpredictable.

Managers and Entrepreneurs

The Evolution of Management Thought

The Changing Environment of Management: Diversity, Global Economy, and Technology

International Management and Cross-Cultural Competence

Managements Social and Ethical Responsibilities

Strategic Management: Planning for Long-Term Success

Decision Making and Creative Problem Solving

Organizations: Effectiveness, Design, and Cultures

Human Resource Management

Communicating in the Internet Age

Motivating Job Performance

Group Dynamics and Teamwork

Influence, Power, and Leadership

Change, Conflict, and Negotiation

Organizational Control and Quality Improvement

Filters

Exam 6: The Basics of Planning and Project Management

Which of these is created by the downward flow of the objectives?

Dan Sullivan, a consultant to entrepreneurs, argues that goals should be both real and realizable, typically not the case with many entrepreneurs.

At the beginning of his sophomore year at Harvard, Mark Zuckerberg, developed and launched the world renowned Internet application Facebook.

Lower-level managers set broader objectives with longer time horizons than top executives.

If a flip flop shoe manufacturer has fixed costs of $40,000, a unit selling price of $10, and a variable cost per unit of $6, its break-even point in units is

Regarding the project manager's roles, the "entrepreneur's" challenge is to navigate unfamiliar surroundings and manage the unexpected.

____ is not described as a benefit of objectives in the text.

Project managers are responsible for the big picture rather than the little details of their project.

A mission statement, by definition, has an objective and an action statement.

An organization's mission statement is the cornerstone for planning, the North Star for the entire planning process.

Traditionally admired for their ability to gain what strategists call a first-mover advantage, prospectors are known for making things happen rather than waiting for them to happen.

Well-written objectives should express results qualitatively rather than quantitatively.

Progressive managers see plans as

What does uncertainty have to do with a manager's understanding of diversity?

____ costs are tied to volume, labor, and materials in break-even analysis.

____ refers to the time elapsed between the formulation and the execution of a planned activity.

An example of a well-written objective is:

By adding a specific time dimension, Gantt charts improve upon flow charts.

Brooke, a fellow student, asks you to explain Pareto's law because she has heard it mentioned as a way to establish priorities. Your answer should center on which of these?

____ uncertainty occurs when the environment, or a portion of the environment, is seen as unpredictable.

Managers and Entrepreneurs

The Evolution of Management Thought

The Changing Environment of Management: Diversity, Global Economy, and Technology

International Management and Cross-Cultural Competence

Managements Social and Ethical Responsibilities

Strategic Management: Planning for Long-Term Success

Decision Making and Creative Problem Solving

Organizations: Effectiveness, Design, and Cultures

Human Resource Management

Communicating in the Internet Age

Motivating Job Performance

Group Dynamics and Teamwork

Influence, Power, and Leadership

Change, Conflict, and Negotiation

Organizational Control and Quality Improvement

Filters