Question 1

Programs and budgets are which type of operational plan?

Accepted Answer

A) single-use 
B) standing 
C) continuous,ongoing 
D) occupational 
A) single-use 
B) standing 
C) continuous,ongoing 
D) occupational

Question 2

Which type of plan would determine how many employees work next week?

Accepted Answer

A) occupational 
B) tactical 
C) institutional 
D) operational 
A) occupational 
B) tactical 
C) institutional 
D) operational

Question 3

Match the options below with the correct phrases:
-functional-level strategy

Accepted Answer

A) a business-level strategy to keep tight controls over expenses 
B) a strategy to acquire similar products or services 
C) a strategy to accept the status quo 
D) a business unit with low market share and low market growth rate 
E) the processes associated with putting the strategic plan into motion
F)a strategy element that identifies the current position and its relationship to competitors
G)a strategy to explore "uncharted waters"
H)a planning tool grouping businesses based on market growth rate and market share
I)a strategy to reduce the size or scope of activities
J)major organizational departments such as marketing and human resources are critical to this strategy 
A) a business-level strategy to keep tight controls over expenses 
B) a strategy to acquire similar products or services 
C) a strategy to accept the status quo 
D) a business unit with low market share and low market growth rate 
E) the processes associated with putting the strategic plan into motion
F)a strategy element that identifies the current position and its relationship to competitors
G)a strategy to explore "uncharted waters"
H)a planning tool grouping businesses based on market growth rate and market share
I)a strategy to reduce the size or scope of activities
J)major organizational departments such as marketing and human resources are critical to this strategy

Question 4

Marketing,finance,and R&D are associated directly with differentiation strategy.

Accepted Answer

A) True 
 B)False

Question 5

Match the options below with the correct phrases:
-focus strategy

Accepted Answer

A) a business-level strategy pinpointing a specific market 
B) a plan to maximize competitive advantage by using the proper mix of units and products 
C) includes assessing the environment, analyzing core competencies, and creating goals and plans 
D) a strategy as to how managers will allocate resources 
E) a corporate-level plan to expand and increase to higher levels
F)a search for pros and cons, opportunities, and threats as well as positives and negatives of an organization
G)a plan that maps out the destiny for the entire organization
H)a long-term course of action using planning and decision-making processes
I)a business-level strategy that attempts to set products or services apart from those of other companies
J)a business unit with small market shares in an expanding industry 
A) a business-level strategy pinpointing a specific market 
B) a plan to maximize competitive advantage by using the proper mix of units and products 
C) includes assessing the environment, analyzing core competencies, and creating goals and plans 
D) a strategy as to how managers will allocate resources 
E) a corporate-level plan to expand and increase to higher levels
F)a search for pros and cons, opportunities, and threats as well as positives and negatives of an organization
G)a plan that maps out the destiny for the entire organization
H)a long-term course of action using planning and decision-making processes
I)a business-level strategy that attempts to set products or services apart from those of other companies
J)a business unit with small market shares in an expanding industry

Question 6

The grand strategy is the overall "plan of attack" for the corporation.

Accepted Answer

A) True 
 B)False

Question 7

Match the options below with the correct phrases:
-plan

Accepted Answer

A) written instructions to carry out the sequential steps to accomplish a task 
B) the steps by which an organization will achieve its strategic goals 
C) a planning technique for managers and subordinates to collaborate goal setting 
D) predicts income and expenses 
E) requires great leaps forward on such measures as product development, time, return on investment, and sales growth
F)goals for middle managers
G)a broad, written guideline
H)the formal written organizational purpose
I)plan which adapts to changes that affect or impact the original plan
J)the mental activity of determining what you want to do
K)end result of the planning effort
L)no smoking
M)a planning technique of predicting or attempting to foresee future issues and events
N)a single-use plan for accomplishing a group of related activities
O)a plan focusing on first-line managers 
A) written instructions to carry out the sequential steps to accomplish a task 
B) the steps by which an organization will achieve its strategic goals 
C) a planning technique for managers and subordinates to collaborate goal setting 
D) predicts income and expenses 
E) requires great leaps forward on such measures as product development, time, return on investment, and sales growth
F)goals for middle managers
G)a broad, written guideline
H)the formal written organizational purpose
I)plan which adapts to changes that affect or impact the original plan
J)the mental activity of determining what you want to do
K)end result of the planning effort
L)no smoking
M)a planning technique of predicting or attempting to foresee future issues and events
N)a single-use plan for accomplishing a group of related activities
O)a plan focusing on first-line managers

Question 8

Pepsi's and McDonald's plan to spread to various or new customer markets would be a strategic ____________.

Accepted Answer

A) retrenchment strategy 
B) integration strategy 
C) diversification strategy 
D) growth strategy 
A) retrenchment strategy 
B) integration strategy 
C) diversification strategy 
D) growth strategy

Question 9

Resources required to attain a goal are addressed with what type of planning question?

Accepted Answer

A) what 
B) when 
C) how 
D) how much 
A) what 
B) when 
C) how 
D) how much

Question 10

Match the options below with the correct phrases:
-distinctive competitive advantage

Accepted Answer

A) a business-level strategy to keep tight controls over expenses 
B) a strategy to acquire similar products or services 
C) a strategy to accept the status quo 
D) a business unit with low market share and low market growth rate 
E) the processes associated with putting the strategic plan into motion
F)a strategy element that identifies the current position and its relationship to competitors
G)a strategy to explore "uncharted waters"
H)a planning tool grouping businesses based on market growth rate and market share
I)a strategy to reduce the size or scope of activities
J)major organizational departments such as marketing and human resources are critical to this strategy 
A) a business-level strategy to keep tight controls over expenses 
B) a strategy to acquire similar products or services 
C) a strategy to accept the status quo 
D) a business unit with low market share and low market growth rate 
E) the processes associated with putting the strategic plan into motion
F)a strategy element that identifies the current position and its relationship to competitors
G)a strategy to explore "uncharted waters"
H)a planning tool grouping businesses based on market growth rate and market share
I)a strategy to reduce the size or scope of activities
J)major organizational departments such as marketing and human resources are critical to this strategy

Question 11

The basic planning process begins with setting objectives.

Accepted Answer

A) True 
 B)False

Question 12

In determining an organization's strengths,a company's strategist must consider which of the following

Accepted Answer

A) management structure 
B) market share 
C) employee talent 
D) all of the above 
A) management structure 
B) market share 
C) employee talent 
D) all of the above

Question 13

There are very few barriers to planning.

Accepted Answer

A) True 
 B)False

Question 14

Match the options below with the correct phrases:
-contingency plan

Accepted Answer

A) written instructions to carry out the sequential steps to accomplish a task 
B) the steps by which an organization will achieve its strategic goals 
C) a planning technique for managers and subordinates to collaborate goal setting 
D) predicts income and expenses 
E) requires great leaps forward on such measures as product development, time, return on investment, and sales growth
F)goals for middle managers
G)a broad, written guideline
H)the formal written organizational purpose
I)plan which adapts to changes that affect or impact the original plan
J)the mental activity of determining what you want to do
K)end result of the planning effort
L)no smoking
M)a planning technique of predicting or attempting to foresee future issues and events
N)a single-use plan for accomplishing a group of related activities
O)a plan focusing on first-line managers 
A) written instructions to carry out the sequential steps to accomplish a task 
B) the steps by which an organization will achieve its strategic goals 
C) a planning technique for managers and subordinates to collaborate goal setting 
D) predicts income and expenses 
E) requires great leaps forward on such measures as product development, time, return on investment, and sales growth
F)goals for middle managers
G)a broad, written guideline
H)the formal written organizational purpose
I)plan which adapts to changes that affect or impact the original plan
J)the mental activity of determining what you want to do
K)end result of the planning effort
L)no smoking
M)a planning technique of predicting or attempting to foresee future issues and events
N)a single-use plan for accomplishing a group of related activities
O)a plan focusing on first-line managers

Question 15

Match the options below with the correct phrases:
-planning

Accepted Answer

A) written instructions to carry out the sequential steps to accomplish a task 
B) the steps by which an organization will achieve its strategic goals 
C) a planning technique for managers and subordinates to collaborate goal setting 
D) predicts income and expenses 
E) requires great leaps forward on such measures as product development, time, return on investment, and sales growth
F)goals for middle managers
G)a broad, written guideline
H)the formal written organizational purpose
I)plan which adapts to changes that affect or impact the original plan
J)the mental activity of determining what you want to do
K)end result of the planning effort
L)no smoking
M)a planning technique of predicting or attempting to foresee future issues and events
N)a single-use plan for accomplishing a group of related activities
O)a plan focusing on first-line managers 
A) written instructions to carry out the sequential steps to accomplish a task 
B) the steps by which an organization will achieve its strategic goals 
C) a planning technique for managers and subordinates to collaborate goal setting 
D) predicts income and expenses 
E) requires great leaps forward on such measures as product development, time, return on investment, and sales growth
F)goals for middle managers
G)a broad, written guideline
H)the formal written organizational purpose
I)plan which adapts to changes that affect or impact the original plan
J)the mental activity of determining what you want to do
K)end result of the planning effort
L)no smoking
M)a planning technique of predicting or attempting to foresee future issues and events
N)a single-use plan for accomplishing a group of related activities
O)a plan focusing on first-line managers

Question 16

The authors recommend using a traditional management pyramid in the planning process so that there is a _______________.

Accepted Answer

A) hierarchy of objectives 
B) well thought out management by objectives system 
C) a planning flow 
D) a bottom-up movement of ideas 
A) hierarchy of objectives 
B) well thought out management by objectives system 
C) a planning flow 
D) a bottom-up movement of ideas

Question 17

For many organizations,what customers value often becomes the company's:

Accepted Answer

A) core competency 
B) deployable resource 
C) distinctive competitive advantage 
D) internal strength 
A) core competency 
B) deployable resource 
C) distinctive competitive advantage 
D) internal strength

Question 18

Match the options below with the correct phrases:
-stretch goal

Accepted Answer

A) written instructions to carry out the sequential steps to accomplish a task 
B) the steps by which an organization will achieve its strategic goals 
C) a planning technique for managers and subordinates to collaborate goal setting 
D) predicts income and expenses 
E) requires great leaps forward on such measures as product development, time, return on investment, and sales growth
F)goals for middle managers
G)a broad, written guideline
H)the formal written organizational purpose
I)plan which adapts to changes that affect or impact the original plan
J)the mental activity of determining what you want to do
K)end result of the planning effort
L)no smoking
M)a planning technique of predicting or attempting to foresee future issues and events
N)a single-use plan for accomplishing a group of related activities
O)a plan focusing on first-line managers 
A) written instructions to carry out the sequential steps to accomplish a task 
B) the steps by which an organization will achieve its strategic goals 
C) a planning technique for managers and subordinates to collaborate goal setting 
D) predicts income and expenses 
E) requires great leaps forward on such measures as product development, time, return on investment, and sales growth
F)goals for middle managers
G)a broad, written guideline
H)the formal written organizational purpose
I)plan which adapts to changes that affect or impact the original plan
J)the mental activity of determining what you want to do
K)end result of the planning effort
L)no smoking
M)a planning technique of predicting or attempting to foresee future issues and events
N)a single-use plan for accomplishing a group of related activities
O)a plan focusing on first-line managers

Question 19

The basic planning process ends with implementing the plan.

Accepted Answer

A) True 
 B)False

Question 20

An example of __________ strategy is Southwest Airlines' marketing department designing a pricing incentive for consumers.

Accepted Answer

A) business-level strategy 
B) functional-level strategy 
C) industry-specific strategy 
D) corporate-level strategy 
A) business-level strategy 
B) functional-level strategy 
C) industry-specific strategy 
D) corporate-level strategy

Programs and budgets are which type of operational plan?

Which type of plan would determine how many employees work next week?

Match the options below with the correct phrases: -functional-level strategy

Marketing,finance,and R&D are associated directly with differentiation strategy.

Match the options below with the correct phrases: -focus strategy

The grand strategy is the overall "plan of attack" for the corporation.

Match the options below with the correct phrases: -plan

Pepsi's and McDonald's plan to spread to various or new customer markets would be a strategic ____________.

Resources required to attain a goal are addressed with what type of planning question?

Match the options below with the correct phrases: -distinctive competitive advantage

The basic planning process begins with setting objectives.

In determining an organization's strengths,a company's strategist must consider which of the following

There are very few barriers to planning.

Match the options below with the correct phrases: -contingency plan

Match the options below with the correct phrases: -planning

The authors recommend using a traditional management pyramid in the planning process so that there is a _______________.

For many organizations,what customers value often becomes the company's:

Match the options below with the correct phrases: -stretch goal

The basic planning process ends with implementing the plan.

An example of __________ strategy is Southwest Airlines' marketing department designing a pricing incentive for consumers.

Management: An Overview

Management Thought: Past and Present

The Managers Environment

Managements Commitments to Quality and Productivity

Making Decisions

Organizing Principles

Organizational Design, Culture, and Change

Management Ethics and Social Responsibility

Staffing the Workforce

Communication: Interpersonal and Organizational

Human Motivation

Leadership

Team Management and Conflict

Information Management Systems

Control: Purpose, Process, and Techniques

Filters

Exam 4: Planning and Strategy

Programs and budgets are which type of operational plan?

Which type of plan would determine how many employees work next week?

Match the options below with the correct phrases: -functional-level strategy

Marketing,finance,and R&D are associated directly with differentiation strategy.

Match the options below with the correct phrases: -focus strategy

The grand strategy is the overall "plan of attack" for the corporation.

Match the options below with the correct phrases: -plan

Pepsi's and McDonald's plan to spread to various or new customer markets would be a strategic ____________.

Resources required to attain a goal are addressed with what type of planning question?

Match the options below with the correct phrases: -distinctive competitive advantage

The basic planning process begins with setting objectives.

In determining an organization's strengths,a company's strategist must consider which of the following

There are very few barriers to planning.

Match the options below with the correct phrases: -contingency plan

Match the options below with the correct phrases: -planning

The authors recommend using a traditional management pyramid in the planning process so that there is a _______________.

For many organizations,what customers value often becomes the company's:

Match the options below with the correct phrases: -stretch goal

The basic planning process ends with implementing the plan.

An example of __________ strategy is Southwest Airlines' marketing department designing a pricing incentive for consumers.

Management: An Overview

Management Thought: Past and Present

The Managers Environment

Managements Commitments to Quality and Productivity

Making Decisions

Organizing Principles

Organizational Design, Culture, and Change

Management Ethics and Social Responsibility

Staffing the Workforce

Communication: Interpersonal and Organizational

Human Motivation

Leadership

Team Management and Conflict

Information Management Systems

Control: Purpose, Process, and Techniques

Filters