Exam 8: The Manager As a Planner and Strategist

GE Financial Services is an example of which level of management operations for General Electric Company?

Another name for contingency planning is:

Another name for contingency planning is scenario planning.

What type of plan enables managers to make midcourse corrections if environmental changes warrant or to change the thrust of the plan altogether if it no longer seems appropriate?

To be competitive,Lazy Daze Canoe Rental has the lowest prices canoe trips on the river.The company uses a differentiation strategy.

What type of plans are developed to handle nonprogrammed decision making in unusual or one-of-a-kind situations?

PepsiCo purchased KFC so that it could replace Coke products with Pepsi products in KFC restaurants.This was an example of:

A formal,written guide to action for managers in an organization is known as:

Typically ______-level goals and strategies require long- and intermediate-term plans.

What is a SWOT analysis? Using your college,discuss the strengths,weaknesses,opportunities and threats the institution faces.

ABC Manufacturing has a written statement regarding their zero-tolerance attitude towards sexual harassment.This statement is an example of:

In most organizations,planning is a seven-step activity.

The business-level plan details the short-term divisional goals that will allow the division to meet corporate goals.

Which type of plan details the long-term divisional goals that will allow the division to meet corporate goals?

When PepsiCo purchased Frito-Lay and expanded its operations into the snack-food business,this was an example of which type of strategy?

As a part of its yearly planning activities,PDQ Financial Services generates a list of possible future forecasts of business situations and creates a plan to respond to each of these forecasts.PDQ Financial Services is practicing:

Differentiate and discuss the advantages and disadvantages of a global strategy and a multidomestic strategy for a business.

Allowing a foreign organization to take charge of manufacturing and distributing a product in its country or world region in return for a negotiated fee is referred to as:

When General Electric Company expanded its operations by acquiring NBC television,this was an example of which type of strategy?

Organizational strengths (S)and weaknesses (W)are ______ and environmental opportunities (O)and threats (T)are ______.