Question 1

Alternatives to reach an organizational objective are based on assumptions known as ________.

Accepted Answer

Alternatives to reach an organizational objective are based on assumptions known as premises. These assumptions or premises form the foundation upon which strategic planning and decision-making are built, guiding the development of strategies and actions to achieve organizational goals.

Question 2

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

The objective focuses on developing new drugs using patented technology, which aligns with innovation as it involves creating new products and processes.

Question 3

After identifying the alternative ways in which the organization can reach its objectives,a manager should ________.

Accepted Answer

The answer of After identifying the alternative ways in which...

Question 4

________ is the key to a successful planning process.

Accepted Answer

Implementation is crucial for the success of any planning process because it involves putting the plan into action and executing the strategies that have been developed. Without implementation, a plan remains theoretical and cannot achieve its objectives.

Question 5

The targets toward which an open management system is directed are known as ________.

Accepted Answer

Organizational objectives are the specific goals or targets toward which an open management system is directed, guiding the organization's efforts and strategies.

Question 6

Premises are the assumptions upon which alternatives to reaching organizational objectives are based.

Accepted Answer

Premises are foundational assumptions or conditions that are considered true for the purpose of planning and decision-making in organizations.

Question 7

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

Letting the people responsible for attaining the objectives have a voice in setting them can increase their involvement and commitment to the company's plans and goals.

Question 8

It is important for an organization to ensure that the objectives set for its employees are ________.

Accepted Answer

Objectives should be challenging yet achievable to motivate employees and encourage their development. Setting goals that are within reach but not too easy ensures that employees are pushed to improve and grow without becoming discouraged by unattainable targets.

Question 9

Describe the steps in the planning process.

Accepted Answer

The answer of Describe the steps in the planning process....

Question 10

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...

Question 11

When management at H&M buys and stocks only merchandise that has been produced using environmentally and socially sustainable methods,they are following a company ________ implemented at their corporate office.

Accepted Answer

When management at H&M decides to buy and stock merchandise produced through environmentally and socially sustainable methods, they are following a company policy. A policy is a deliberate system of principles to guide decisions and achieve rational outcomes, fitting the description of the actions taken by H&M's management.

Question 12

Discuss the differences between plans,goals,objectives,premises,and assumptions.

Accepted Answer

The answer of Discuss the differences between plans,goals,objectives,premises,and assumptions....

Question 13

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

Accepted Answer

A workplace violence policy is the correct term because it encompasses the guidelines and procedures a company implements to prevent, address, and manage incidents of violence in the workplace. This policy is designed to ensure the safety and security of all employees.

Question 14

Which one of the following steps in the planning process should precede the others?

Accepted Answer

Listing alternative ways of reaching objectives is a fundamental step in the planning process that should precede the others. It involves identifying different strategies or paths to achieve the set goals, which is essential before developing premises, choosing the best alternative, developing plans, or putting plans into action.

Question 15

Which one of the following is NOT one of the key areas in which Drucker advised managers to set management system objectives?

Accepted Answer

Peter Drucker, a renowned management consultant, educator, and author, did not include government regulation as one of the key areas for setting management system objectives. His focus was more on aspects directly controllable and influential to the organization's success, such as market standing, profitability, innovation, and public responsibility.

Question 16

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

Accepted Answer

The answer of According to Drucker,which one of the following...

Question 17

When determining goals to increase profitability,the assumption that a company can gain a larger share of its market is an example of a(an)________.

Accepted Answer

A premise is an assumption or proposition that forms the basis for a strategy or plan. In this context, assuming that a company can gain a larger share of its market is a foundational belief that would inform goal setting and strategic planning to increase profitability.

Question 18

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

Accepted Answer

The answer of When Apple integrated "green principles" into its...

Question 19

Walt is a sales manager charged with allocating funds,resources,and labor costs for the coming year.In doing so he is preparing a ________.

Accepted Answer

Walt is preparing a budget, which is a financial plan for allocating funds, resources, and labor costs for a specific period, in this case, the coming year.

Question 20

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

Accepted Answer

An organization's vision is a statement about what the organization aspires to achieve or become in the future, not specifically about what it exists to do currently for a particular group of customers and their needs.

Quiz 7: Plans and Planning Tools