Question 1

A properly conceived plan should tell what, when, and

Accepted Answer

A)  why. 
B)  how. 
C)  by whom. 
D)  how much. 
E)  where. 
A)  why. 
B)  how. 
C)  by whom. 
D)  how much. 
E)  where.

Question 2

Management by objectives (MBO) requires a Theory X management climate.

Accepted Answer

A) True 
 B)False

Question 3

Charlie's Dilemma
Charlie, an operations manager at an investment firm, is looking for information on management by objectives (MBO). One of his employees suggested implementing the MBO process but Charlie is not sure what impact it would have on the motivation and productivity of his staff. Can you help?
-Refer to Charlie's Dilemma. If you were to provide information about MBO's strengths to Charlie, which of these would you exclude?

Accepted Answer

A)  MBO is a cure all 
B)  MBO forces an organization to develop a top-to-bottom hierarchy of objectives 
C)  MBO blends planning and control into a rational system of management 
D)  MBO encourages self-management and personal commitment through employee participation in setting objectives 
E)  MBO emphasizes end results rather than good intentions or personalities 
A)  MBO is a cure all 
B)  MBO forces an organization to develop a top-to-bottom hierarchy of objectives 
C)  MBO blends planning and control into a rational system of management 
D)  MBO encourages self-management and personal commitment through employee participation in setting objectives 
E)  MBO emphasizes end results rather than good intentions or personalities

Question 4

Two key components of a plan are

Accepted Answer

A)  an objective and an action statement. 
B)  a budget and an alternative plan. 
C)  a strategy and an estimated budget. 
D)  a sales forecast and an operations analysis. 
E)  a time line and an action statement. 
A)  an objective and an action statement. 
B)  a budget and an alternative plan. 
C)  a strategy and an estimated budget. 
D)  a sales forecast and an operations analysis. 
E)  a time line and an action statement.

Question 5

Good objectives represent a challenge 3/4 something to reach for. As such, they have a ____ aspect.

Accepted Answer

A)  profit 
B)  target 
C)  measurement 
D)  motivational 
E)  commitment 
A)  profit 
B)  target 
C)  measurement 
D)  motivational 
E)  commitment

Question 6

State uncertainty occurs when the environment is considered unpredictable.

Accepted Answer

A) True 
 B)False

Question 7

A(n) ____ is a specific commitment to achieve a measurable result within a given time frame.

Accepted Answer

A)  objective 
B)  motivator 
C)  mission 
D)  priority 
E)  vision 
A)  objective 
B)  motivator 
C)  mission 
D)  priority 
E)  vision

Question 8

Management by objectives (MBO) requires subordinates to write their own objectives, with no help from managers.

Accepted Answer

A) True 
 B)False

Question 9

____ has been called the ____ management function.

Accepted Answer

A)  Planning; primary 
B)  Staffing; secondary 
C)  Organizing; only 
D)  Motivation; central 
E)  Controlling; major 
A)  Planning; primary 
B)  Staffing; secondary 
C)  Organizing; only 
D)  Motivation; central 
E)  Controlling; major

Question 10

A ____ is a graphic scheduling technique that helps managers determine when and where resources are needed.

Accepted Answer

A)  Gantt chart 
B)  fishbone diagram 
C)  PERT network 
D)  decision tree 
E)  Break-even diagram 
A)  Gantt chart 
B)  fishbone diagram 
C)  PERT network 
D)  decision tree 
E)  Break-even diagram

Question 11

Which type of planning has the shortest planning horizon?

Accepted Answer

A)  Operational 
B)  Tactical 
C)  Strategic 
D)  Intermediate 
E)  Procedural 
A)  Operational 
B)  Tactical 
C)  Strategic 
D)  Intermediate 
E)  Procedural

Question 12

Work in process is represented by a PERT event.

Accepted Answer

A) True 
 B)False

Question 13

A major problem with break-even analysis is that a neat separation of fixed and variable cost can be very difficult.

Accepted Answer

A) True 
 B)False

Question 14

Effect uncertainty and response uncertainty are two identical types of environmental uncertainty.

Accepted Answer

A) True 
 B)False

Question 15

According to one field study, ____ tend to be least profitable.

Accepted Answer

A)  Analyzers 
B)  Innovators 
C)  Defenders 
D)  Reactors 
E)  Prospectors 
A)  Analyzers 
B)  Innovators 
C)  Defenders 
D)  Reactors 
E)  Prospectors

Question 16

In the command-and-control management model, plans were considered

Accepted Answer

A)  imperfect and incomplete. 
B)  obsolete. 
C)  general guidelines for action. 
D)  destiny. 
E)  unimportant. 
A)  imperfect and incomplete. 
B)  obsolete. 
C)  general guidelines for action. 
D)  destiny. 
E)  unimportant.

Question 17

Fixed costs are a function of ____, and variable costs are a function of ____.

Accepted Answer

A)  productivity; economy 
B)  economy; time 
C)  management; time 
D)  management; productivity 
E)  time; volume 
A)  productivity; economy 
B)  economy; time 
C)  management; time 
D)  management; productivity 
E)  time; volume

Question 18

The critical path in a PERT network is best described as the

Accepted Answer

A)  most difficult chain of events. 
B)  most efficient path through the network. 
C)  shortest route. 
D)  most time-consuming chain. 
E)  most labor-intense activities. 
A)  most difficult chain of events. 
B)  most efficient path through the network. 
C)  shortest route. 
D)  most time-consuming chain. 
E)  most labor-intense activities.

Question 19

Another term for break-even analysis is cost-volume-profit analysis.

Accepted Answer

A) True 
 B)False

Question 20

Planning

Accepted Answer

A)  deals with what, why, and how much. 
B)  eliminates uncertainty. 
C)  is called the primary management function. 
D)  helps managers avoid change. 
E)  makes budgets obsolete. 
A)  deals with what, why, and how much. 
B)  eliminates uncertainty. 
C)  is called the primary management function. 
D)  helps managers avoid change. 
E)  makes budgets obsolete.

A properly conceived plan should tell what, when, and

Management by objectives (MBO) requires a Theory X management climate.

Two key components of a plan are

Good objectives represent a challenge 3/4 something to reach for. As such, they have a ____ aspect.

State uncertainty occurs when the environment is considered unpredictable.

A(n) ____ is a specific commitment to achieve a measurable result within a given time frame.

Management by objectives (MBO) requires subordinates to write their own objectives, with no help from managers.

has been called the management function.

A ____ is a graphic scheduling technique that helps managers determine when and where resources are needed.

Which type of planning has the shortest planning horizon?

Work in process is represented by a PERT event.

A major problem with break-even analysis is that a neat separation of fixed and variable cost can be very difficult.

Effect uncertainty and response uncertainty are two identical types of environmental uncertainty.

According to one field study, ____ tend to be least profitable.

In the command-and-control management model, plans were considered

Fixed costs are a function of , and variable costs are a function of .

The critical path in a PERT network is best described as the

Another term for break-even analysis is cost-volume-profit analysis.

Planning

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

A properly conceived plan should tell what, when, and

Management by objectives (MBO) requires a Theory X management climate.

Two key components of a plan are

Good objectives represent a challenge 3/4 something to reach for. As such, they have a ____ aspect.

State uncertainty occurs when the environment is considered unpredictable.

A(n) ____ is a specific commitment to achieve a measurable result within a given time frame.

Management by objectives (MBO) requires subordinates to write their own objectives, with no help from managers.

____ has been called the ____ management function.

A ____ is a graphic scheduling technique that helps managers determine when and where resources are needed.

Which type of planning has the shortest planning horizon?

Work in process is represented by a PERT event.

A major problem with break-even analysis is that a neat separation of fixed and variable cost can be very difficult.

Effect uncertainty and response uncertainty are two identical types of environmental uncertainty.

According to one field study, ____ tend to be least profitable.

In the command-and-control management model, plans were considered

Fixed costs are a function of ____, and variable costs are a function of ____.

The critical path in a PERT network is best described as the

Another term for break-even analysis is cost-volume-profit analysis.

Planning

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

has been called the management function.

Fixed costs are a function of , and variable costs are a function of .