Question 1

According to Drucker,which of the following goal areas relates to a tangible,impersonal characteristic of organizational operations?

Accepted Answer

A) number of employees 
B) innovation 
C) managerial performance and development 
D) worker performance and attitude 
E) public responsibility 
A) number of employees 
B) innovation 
C) managerial performance and development 
D) worker performance and attitude 
E) public responsibility B

Question 2

A drawback of the management by objectives (MBO)program is that it can be time consuming.

Accepted Answer

A) True 
 B)False  True

Question 3

Managers should establish performance objectives that are within easy reach for employees.

Accepted Answer

A) True 
 B)False  False

Question 4

One of the short-term objectives of Alport Corporation,a manufacturer of construction equipment,is "to achieve a 15 percent return on investment (ROI)by September 2011." According to Drucker,this objective relates to ________.

Accepted Answer

A) innovation 
B) productivity 
C) market standing 
D) managerial performance 
E) profitability 
A) innovation 
B) productivity 
C) market standing 
D) managerial performance 
E) profitability

Question 5

Which of the following is the fundamental purpose of planning?

Accepted Answer

A) eliminating risk 
B) helping the organization reach its objectives 
C) optimizing the use of resources 
D) identifying organizational objectives 
E) organizing work processes 
A) eliminating risk 
B) helping the organization reach its objectives 
C) optimizing the use of resources 
D) identifying organizational objectives 
E) organizing work processes

Question 6

A management guideline that recommends managers to clearly determine,understand,and state organizational objectives before initiating any action is known as the ________.

Accepted Answer

A) management-by-objectives approach 
B) hierarchy of needs 
C) principle of the objective 
D) hierarchy of objectives 
E) concept of suboptimization 
A) management-by-objectives approach 
B) hierarchy of needs 
C) principle of the objective 
D) hierarchy of objectives 
E) concept of suboptimization

Question 7

Intermediate-term objectives are targets to be achieved in ________.

Accepted Answer

A) one year or less 
B) one to five years 
C) three to seven years 
D) five to seven years 
E) five to ten years 
A) one year or less 
B) one to five years 
C) three to seven years 
D) five to seven years 
E) five to ten years

Question 8

________ refers to what a firm exists to do,given a particular group of customers and customer needs.

Accepted Answer

A) An operational plan 
B) A unique selling proposition 
C) An organizational purpose 
D) A long-term goal 
E) A vision statement 
A) An operational plan 
B) A unique selling proposition 
C) An organizational purpose 
D) A long-term goal 
E) A vision statement

Question 9

Organizational objectives are the targets toward which the open management system is directed.

Accepted Answer

A) True 
 B)False

Question 10

________ is the process of predicting future environmental happenings that will influence the operation of the organization.

Accepted Answer

A) Forecasting 
B) Disturbance 
C) Planning 
D) Scheduling 
E) Monitoring 
A) Forecasting 
B) Disturbance 
C) Planning 
D) Scheduling 
E) Monitoring

Question 11

A potential disadvantage of planning is that it can take up too much managerial time.

Accepted Answer

A) True 
 B)False

Question 12

Which of the following guidelines for establishing quality objectives helps in keeping the risk of suboptimization to a minimum?

Accepted Answer

A) relating objectives to specific actions whenever necessary 
B) stating objectives as specifically as possible 
C) setting objectives only in relation to other organizational objectives 
D) specifying when goals are expected to be achieved 
E) stating objectives clearly and simply 
A) relating objectives to specific actions whenever necessary 
B) stating objectives as specifically as possible 
C) setting objectives only in relation to other organizational objectives 
D) specifying when goals are expected to be achieved 
E) stating objectives clearly and simply

Question 13

According to Drucker,which of the following key areas for organizational objectives is more personal and subjective in nature,and hence likely to arouse managerial opposition?

Accepted Answer

A) productivity 
B) innovation 
C) worker performance and attitude 
D) physical and financial resources 
E) market standing 
A) productivity 
B) innovation 
C) worker performance and attitude 
D) physical and financial resources 
E) market standing

Question 14

________ is the primary management function.

Accepted Answer

A) Organizing 
B) Influencing 
C) Controlling 
D) Planning 
E) Staffing 
A) Organizing 
B) Influencing 
C) Controlling 
D) Planning 
E) Staffing

Question 15

The jury of executive opinion method is a sales forecasting technique that predicts future sales by analyzing the opinions of customers as a group.

Accepted Answer

A) True 
 B)False

Question 16

An organization's vision is what the organization exists to do,given a particular group of customers and customer needs.

Accepted Answer

A) True 
 B)False

Question 17

The main weakness of the Gantt chart is that ________.

Accepted Answer

A) it does not contain information about the interrelationship of tasks to be performed 
B) it does not provide information about how organizational resources are bring employed 
C) it contains too much information about the interrelationship of tasks to be performed 
D) it does not help in establishing realistic worker output standards 
E) it contains information about the intrarelationship of tasks to be performed 
A) it does not contain information about the interrelationship of tasks to be performed 
B) it does not provide information about how organizational resources are bring employed 
C) it contains too much information about the interrelationship of tasks to be performed 
D) it does not help in establishing realistic worker output standards 
E) it contains information about the intrarelationship of tasks to be performed

Question 18

After setting worker objectives,the next step in a management by objectives (MBO)program is to ________.

Accepted Answer

A) develop performance evaluation criteria 
B) review organizational objectives 
C) establish rewards 
D) monitor progress 
E) evaluate past performance 
A) develop performance evaluation criteria 
B) review organizational objectives 
C) establish rewards 
D) monitor progress 
E) evaluate past performance

Question 19

One of the disadvantages of management by objectives (MBO)is that ________.

Accepted Answer

A) the program is very quick and informal 
B) the process has no effect on worker commitment 
C) the program only emphasizes what should be done in an organization 
D) the process is time consuming and requires additional paperwork 
E) the process is a mere duplication of other management practices 
A) the program is very quick and informal 
B) the process has no effect on worker commitment 
C) the program only emphasizes what should be done in an organization 
D) the process is time consuming and requires additional paperwork 
E) the process is a mere duplication of other management practices

Question 20

Introduction,growth,maturity,saturation,and decline are stages of ________.

Accepted Answer

A) product allocation 
B) product history 
C) product lifecycle 
D) service methods 
E) resource allocation 
A) product allocation 
B) product history 
C) product lifecycle 
D) service methods 
E) resource allocation

Exam 7: Principles of Planning

According to Drucker,which of the following goal areas relates to a tangible,impersonal characteristic of organizational operations?

A drawback of the management by objectives (MBO)program is that it can be time consuming.

Managers should establish performance objectives that are within easy reach for employees.

One of the short-term objectives of Alport Corporation,a manufacturer of construction equipment,is "to achieve a 15 percent return on investment (ROI)by September 2011." According to Drucker,this objective relates to ________.

Which of the following is the fundamental purpose of planning?

A management guideline that recommends managers to clearly determine,understand,and state organizational objectives before initiating any action is known as the ________.

Intermediate-term objectives are targets to be achieved in ________.

________ refers to what a firm exists to do,given a particular group of customers and customer needs.

Organizational objectives are the targets toward which the open management system is directed.

________ is the process of predicting future environmental happenings that will influence the operation of the organization.

A potential disadvantage of planning is that it can take up too much managerial time.

Which of the following guidelines for establishing quality objectives helps in keeping the risk of suboptimization to a minimum?

According to Drucker,which of the following key areas for organizational objectives is more personal and subjective in nature,and hence likely to arouse managerial opposition?

________ is the primary management function.

The jury of executive opinion method is a sales forecasting technique that predicts future sales by analyzing the opinions of customers as a group.

An organization's vision is what the organization exists to do,given a particular group of customers and customer needs.

The main weakness of the Gantt chart is that ________.

After setting worker objectives,the next step in a management by objectives (MBO)program is to ________.

One of the disadvantages of management by objectives (MBO)is that ________.

Introduction,growth,maturity,saturation,and decline are stages of ________.

Introducing Modern Management

Managing

Managers and Society

Management and Diversity

Managing in the Global Arena

Management and Entrepreneurship

Making Decisions

Strategic Planning: Strategies, Tactics, and Competitive Dynamics

Fundamentals of Organizing

Responsibility, Authority, and Delegation

Human Resource Management

Organizational Change: Stress,Conflict and Virtuality

Influencing and Communication

Leadership

Motivation

Groups and Teams

Managing Organization Culture

Encouraging Creativity and Innovation

Controlling, Information, and Technology

Production and Control

Filters