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Business
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Effective Management
Quiz 4: Planning and Decision Making
Path 4
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Question 41
Multiple Choice
A department store is experiencing greater than usual losses due to theft and management wants it stopped. Middle management decided to hire a security company to study the problem and develop the best plan for dealing with it. Middle management have implemented a(n) ____ plan.
Question 42
Multiple Choice
Top management is responsible for developing long-term ____ that make clear how the company will serve customers and position itself against competitors in the next two to five years.
Question 43
Multiple Choice
A manufacturer of suntan lotion could set a(n) ____ goal to increase revenues by 8 percent over the next five years and a(n) ____ goal to increase sales next June in the Miami Beach area by 3 percent.
Question 44
Multiple Choice
The most popular approach to increasing goal commitment is ____.
Question 45
Multiple Choice
An Australian manufacturer of surfboards wants to increase awareness of its brand in the U.S. market. A ____ plan to accomplish this objective might be to host a series of surfboard competitions in California .