Question 1

________ are techniques managers can use to help develop plans.

Accepted Answer

A) Departmental planners 
B) Organizational planners 
C) Procedures 
D) Planning tools 
E) Product stages

Question 2

Alisa is trying to determine how to get her employees more involved in the company's plans and goals.Which one of the following actions could she take as she begins identifying the goals for her department for the upcoming year?

Accepted Answer

A) Tell employees which goals they will be working on. 
B) Have employees vote on the goals for the organization. 
C) Assign goals randomly to employees. 
D) Let the people responsible for attaining the objectives have a voice in setting them. 
E) Let upper management set all departmental goals.

Question 3

Which one 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

Question 4

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

Question 5

When Apple integrated "green principles" into its manufacturing operations,the company was modifying its ________.

Accepted Answer

A) plans 
B) rules 
C) procedures 
D) tactics 
E) strategies

Question 6

In order to increase the quality of their objectives,managers should ________.

Accepted Answer

A) set employees' goals as high as possible 
B) ensure that they set objectives entirely by themselves 
C) establish goals that are within easy reach 
D) let the people responsible for attaining the objectives have a voice in setting them 
E) avoid relating objectives to specific actions

Question 7

Which one of the following is an example of a statement of organizational purpose?

Accepted Answer

A) to increase the company's market share by 20 percent by 2011 
B) to execute all projects in a timely and professional manner 
C) to be the leading provider of professional health care services 
D) to provide our employees with a challenging and rewarding work environment 
E) to build long-lasting customer relationships based on trust

Question 8

Are planning tools an effective way for managers to enhance their company's plans and goals? Defend your answer.

Accepted Answer

The answer of Are planning tools an effective way for...

Question 9

A manager reviewing how to keep employees safe typically develops a workplace violence ________.

Accepted Answer

A) rule 
B) policy 
C) tactic 
D) procedure 
E) strategy

Question 10

Plaxo Industries is a large-scale manufacturer of commercial kitchen equipment.Its products are currently sold in Europe and the Middle East.Plaxo wants to foray into the Asian market,and the company's management has set a target of entering the Chinese market by 2025.This is an example of a(n)________.

Accepted Answer

A) short-term objective 
B) intermediate-term objective 
C) long-term objective 
D) medium-term objective 
E) operational objective

Question 11

A purpose of planning intended to minimize risk by reducing uncertainties in the managerial environment is known as ________ planning.

Accepted Answer

A) assumption 
B) tactical 
C) protective 
D) elimination 
E) premise

Question 12

One of the organizational objectives of Valpo Industries,a pharmaceutical firm,is "to develop a new line of drugs for the treatment of life-threatening diseases such as cancer and AIDS,through the use of patented technology and processes." According to Drucker,this objective relates to ________.

Accepted Answer

A) market standing 
B) innovation 
C) productivity 
D) profitability 
E) public responsibility

Question 13

Which planning tool are Wal-Mart managers using when they come together to discuss the inventory and quantity of products each store needs?

Accepted Answer

A) PERT 
B) Gantt charts 
C) jury of executive opinion 
D) regression 
E) moving averages

Question 14

Describe the eight key areas in which Drucker advised managers to set management system objectives.

Accepted Answer

The answer of Describe the eight key areas in which...

Question 15

________ is a network of project activities showing both the estimates of time necessary to complete each activity and the sequence of activities that must be followed to complete the project.

Accepted Answer

A) Gantt bar graph evaluation technique 
B) Target skill objective 
C) Product lifecycle technique 
D) Program evaluation and review technique 
E) Organizational evaluation technique

Question 16

According to Drucker,which one 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

Question 17

Which one of the following is the last step in the management by objectives (MBO)process?

Accepted Answer

A) review performance objectives 
B) evaluate performance 
C) give rewards 
D) monitor progress 
E) set performance goals

Question 18

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

Accepted Answer

A) True 
 B)False

Question 19

When setting objectives,managers should state objectives as specifically as possible because ________.

Accepted Answer

A) it ensures that employees have explicit directions for what they should do 
B) it ensures that employee productivity will vary according to the needs of the situation 
C) it allows employees to make inferences about what they should do to accomplish their goals 
D) it allows them to set the pace for employees' work 
E) it reduces the risk of suboptimization

Question 20

Marjorie is confused with the differences between policies and procedures.How would you explain these terms and their use in the planning process to Marjorie?

Accepted Answer

The answer of Marjorie is confused with the differences between...

Exam 7: Plans and Planning Tools