Deck 3: Planning and Goal Setting

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Question
A ________ is a numerical plan that expresses anticipated results in dollar terms for a specific time period and may be used as a planning guide as well as a control device.

A)budget
B)ordinal plan
C)nominal plan
D)revenue forecast
E)financial plan
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Question
All supervisors,irrespective of their level in the organization,should plan.But the type of planning they do tends to vary with their level in the organization,and the planning they do will differ in several ways.
Question
Productivity can be applied at three different levels - the individual,the ________,and the total organization.

A)president
B)general manager
C)administrative staff
D)group
E)supervisor
Question
For the most part,tactical planning is done at what level of management?

A)sales directors
B)supervisors
C)operative employees
D)middle managers
E)top management
Question
Plans that can be used over and over again by managers faced with recurring activities are ________.

A)procedural
B)self-directing and self-controlling applications
C)standing
D)single-use
E)production bottlenecks
Question
Which factor is not a component of the productivity formula?

A)materials
B)output
C)labor
D)capital
E)service
Question
Formal planning means specific goals are formulated and never reduced to writing but simply communicated.
Question
Organizational planning that includes the establishment of overall goals and positioning an organization's products or services against the competition is referred to as ________.

A)short-term planning
B)strategic planning
C)long-term planning
D)tactical planning
E)organizational planning
Question
The time dimension of intermediate-term planning is approximately ________.

A)5 -10 years
B)1 month to 1 year
C)10 - 15 years
D)0 - 30 days
E)1 - 5 years
Question
Strategic planning tends to be developed by first-level management.
Question
Standing plans allow managers to ________.

A)create production bottlenecks
B)save time
C)promote narrow spans-of-control
D)be ineffective
E)create downsizing
Question
Productivity in the U.S.is steady and rising in part because companies have ________.

A)become less customer oriented
B)worked to reduce inefficiencies
C)focused heavily on profits
D)maintained traditional work forces
E)employed more workers
Question
Supervisors frequently have to create programs for their departments that are nonrecurring undertakings requiring a set of integrated plans to ________.

A)achieve fair standards
B)achieve budgetary control
C)accomplish their objectives
D)perform repetitive tasks
E)perform routine decision making
Question
Output per labor hour expressed as the ratio of output divided by labor + capital + material is called ________.

A)re-engineering of work
B)bottom-up planning
C)employee empowerment
D)span of control
E)productivity
Question
Tactical planning for management is defined as ________.

A)procedures for broad applications for line managers
B)specific details on how overall goals are to be achieved
C)specific policies for the overall operation of the firm
D)broad details on specific goals to be achieved
E)specific applications or rules for plant operations
Question
In almost any discussion of performance in an organization,the focus will generally turn to the topic of ________.

A)strategic planning
B)acquisitions and mergers
C)productivity
D)informal discussion
E)strategic objectives
Question
Single-use plans are designed for a ________.

A)specific event and activity
B)broad event and activity
C)critical event and activity
D)broad activity or time period
E)specific activity or time period
Question
Edwards Deming,a management consultant and quality expert,believed that ________,not workers,were the primary source of increased productivity.

A)procedures
B)executives
C)formal plans
D)flexible plans
E)supervisors
Question
The truly effective organization maximizes productivity by integrating ________ into the overall operations system.

A)procedures
B)formal plans
C)structure
D)people
E)order
Question
Long-term plans cover a period in excess of five years and tend to be developed by ________.

A)sales directors
B)supervisors
C)operative employees
D)top executives
E)middle-level managers.
Question
Goal setting makes objectives ________.

A)standing
B)positive
C)unattainable
D)general
E)operational
Question
Budgets tend to be like a planning guide containing a control mechanism for a supervisor.
Question
In order to create a PERT chart it is necessary to know ________.

A)key activities
B)programming tools
C)drafting software
D)graphing techniques
E)cost reduction techniques
Question
A ________ is bar graph with time on the horizontal axis and activities to be scheduled on the vertical axis.

A)graphic analysis
B)flow chart
C)PERT diagram
D)quality control checkpoint
E)Gantt chart
Question
A PERT chart is a diagram that depicts the ________ needed to complete a project and the time or costs associated with each activity.

A)supplies
B)manpower
C)time
D)sequence of activities
E)management input
Question
The series of steps a supervisor would utilize in responding to a recurring problem with employees is a ________.

A)procedure
B)mission statement
C)rule
D)single-use plan
E)policy
Question
________ involves the search for and utilization of the best methods used by competitors and non-competitors that lead to superior performance.

A)Copying
B)Plagiarizing
C)Benchmarking
D)ISO 9000
E)Six Sigma
Question
Strategic planning would be implemented when developing expense budgets and employee work schedules.
Question
The ISO standards,once met,assure customers that a company uses specific steps to ________ the products it sells.

A)advertise
B)deliver
C)recall
D)test
E)promote
Question
A system by which employees jointly determine specific performance goals with their supervisors,where progress toward goals is periodically reviewed,and rewards are allocated on the basis of this progress is ________.

A)management by objectives
B)goal setting
C)visioning
D)management review
E)achievement mapping
Question
When a supervisor is confronted with a recurring problem,a ________ is created because it is simple to follow and ensures consistency.

A)procedure
B)standard
C)policy
D)program
E)rule
Question
"We promote from within whenever possible" is a ________.

A)procedure
B)rule
C)mission statement
D)policy
E)single-use plan
Question
Distinguish strategic planning from tactical planning.
Question
In contrast to policies,procedures are not specific;and like policies,they provide consistency.
Question
The premise behind Six Sigma is to "design,measure,analyze,and control the ________ of a production process."

A)activities
B)procedures
C)output side
D)input side
E)defect rate
Question
What is the role of a supervisor in the planning process?
Question
A supervisor's responsibility includes the ability to establish and set policy for the organization.
Question
A Gantt chart visually shows a supervisor what has to be done to complete a job and to assess whether it is ahead,behind,or on schedule.
Question
Identify and explain the different planning time frames,their lengths,and who carries them out.
Question
What is benchmarking and how would a supervisor use it?
Question
A ________ typically looks at four areas that contribute to a company's performance: financial,customer,internal processes,and people/innovation/growth assets.

A)vision quest
B)game plan
C)process scorecard
D)balanced scorecard
E)retrieval plan
Question
A written document that identifies the entrepreneur's vision and describes the strategy and operations of a new venture by laying out the proposed goals and activities is a(n)________.

A)decision tree
B)business plan
C)strategic plan
D)operating plan
E)pro forma plan
Question
It is important not to confuse supervising in a small business with entrepreneurship because not all small-business supervisors are entrepreneurs.Many do not ________.

A)plan
B)organize
C)motivate
D)innovate
E)delegate
Question
In the goal setting process,providing regular feedback on employee performance and tying rewards to the achievement of objectives act to stimulate employee motivation.
Question
The following are common ingredients in a goal setting program EXCEPT ________.

A)time limits
B)goal specificity
C)participation
D)standing plans
E)performance feedback
Question
The evidence on entrepreneurial personalities leads to all of the following conclusions EXCEPT ________.

A)the cultural context in which individuals were raised will have an effect
B)people with this personality thrive under the rules,regulations and controls imposed by bureaucracies
C)people with this personality are not likely to be contented,productive employees in the typical large corporation
D)the challenges and conditions inherent in starting one's own business mesh well with this personality
E)prefer to be personally responsible for solving problems
Question
In the past the central theme in traditional objective-setting was that objectives were set at the top and then broken down into sub-goals for each level in the organization.
Question
Discuss the system of goal setting a supervisor would use with employees.
Question
Research indicates that effective supervisors behave in ways that lead to superior employee performance.Unfortunately,often supervisors are better at communicating ________.

A)low expectations
B)high expectations
C)disappointment
D)satisfaction
E)surprise
Question
Goal setting works and it can help supervisors be more ________.

A)structured
B)authoritarian
C)strict
D)effective
E)demanding
Question
The process of initiating a business venture,organizing the necessary resources,and assuming the risks and rewards is referred to as ________.

A)leadership
B)entrepreneurship
C)business planning
D)strategic planning
E)organizing
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Deck 3: Planning and Goal Setting
1
A ________ is a numerical plan that expresses anticipated results in dollar terms for a specific time period and may be used as a planning guide as well as a control device.

A)budget
B)ordinal plan
C)nominal plan
D)revenue forecast
E)financial plan
A
2
All supervisors,irrespective of their level in the organization,should plan.But the type of planning they do tends to vary with their level in the organization,and the planning they do will differ in several ways.
True
3
Productivity can be applied at three different levels - the individual,the ________,and the total organization.

A)president
B)general manager
C)administrative staff
D)group
E)supervisor
D
4
For the most part,tactical planning is done at what level of management?

A)sales directors
B)supervisors
C)operative employees
D)middle managers
E)top management
Unlock Deck
Unlock for access to all 51 flashcards in this deck.
Unlock Deck
k this deck
5
Plans that can be used over and over again by managers faced with recurring activities are ________.

A)procedural
B)self-directing and self-controlling applications
C)standing
D)single-use
E)production bottlenecks
Unlock Deck
Unlock for access to all 51 flashcards in this deck.
Unlock Deck
k this deck
6
Which factor is not a component of the productivity formula?

A)materials
B)output
C)labor
D)capital
E)service
Unlock Deck
Unlock for access to all 51 flashcards in this deck.
Unlock Deck
k this deck
7
Formal planning means specific goals are formulated and never reduced to writing but simply communicated.
Unlock Deck
Unlock for access to all 51 flashcards in this deck.
Unlock Deck
k this deck
8
Organizational planning that includes the establishment of overall goals and positioning an organization's products or services against the competition is referred to as ________.

A)short-term planning
B)strategic planning
C)long-term planning
D)tactical planning
E)organizational planning
Unlock Deck
Unlock for access to all 51 flashcards in this deck.
Unlock Deck
k this deck
9
The time dimension of intermediate-term planning is approximately ________.

A)5 -10 years
B)1 month to 1 year
C)10 - 15 years
D)0 - 30 days
E)1 - 5 years
Unlock Deck
Unlock for access to all 51 flashcards in this deck.
Unlock Deck
k this deck
10
Strategic planning tends to be developed by first-level management.
Unlock Deck
Unlock for access to all 51 flashcards in this deck.
Unlock Deck
k this deck
11
Standing plans allow managers to ________.

A)create production bottlenecks
B)save time
C)promote narrow spans-of-control
D)be ineffective
E)create downsizing
Unlock Deck
Unlock for access to all 51 flashcards in this deck.
Unlock Deck
k this deck
12
Productivity in the U.S.is steady and rising in part because companies have ________.

A)become less customer oriented
B)worked to reduce inefficiencies
C)focused heavily on profits
D)maintained traditional work forces
E)employed more workers
Unlock Deck
Unlock for access to all 51 flashcards in this deck.
Unlock Deck
k this deck
13
Supervisors frequently have to create programs for their departments that are nonrecurring undertakings requiring a set of integrated plans to ________.

A)achieve fair standards
B)achieve budgetary control
C)accomplish their objectives
D)perform repetitive tasks
E)perform routine decision making
Unlock Deck
Unlock for access to all 51 flashcards in this deck.
Unlock Deck
k this deck
14
Output per labor hour expressed as the ratio of output divided by labor + capital + material is called ________.

A)re-engineering of work
B)bottom-up planning
C)employee empowerment
D)span of control
E)productivity
Unlock Deck
Unlock for access to all 51 flashcards in this deck.
Unlock Deck
k this deck
15
Tactical planning for management is defined as ________.

A)procedures for broad applications for line managers
B)specific details on how overall goals are to be achieved
C)specific policies for the overall operation of the firm
D)broad details on specific goals to be achieved
E)specific applications or rules for plant operations
Unlock Deck
Unlock for access to all 51 flashcards in this deck.
Unlock Deck
k this deck
16
In almost any discussion of performance in an organization,the focus will generally turn to the topic of ________.

A)strategic planning
B)acquisitions and mergers
C)productivity
D)informal discussion
E)strategic objectives
Unlock Deck
Unlock for access to all 51 flashcards in this deck.
Unlock Deck
k this deck
17
Single-use plans are designed for a ________.

A)specific event and activity
B)broad event and activity
C)critical event and activity
D)broad activity or time period
E)specific activity or time period
Unlock Deck
Unlock for access to all 51 flashcards in this deck.
Unlock Deck
k this deck
18
Edwards Deming,a management consultant and quality expert,believed that ________,not workers,were the primary source of increased productivity.

A)procedures
B)executives
C)formal plans
D)flexible plans
E)supervisors
Unlock Deck
Unlock for access to all 51 flashcards in this deck.
Unlock Deck
k this deck
19
The truly effective organization maximizes productivity by integrating ________ into the overall operations system.

A)procedures
B)formal plans
C)structure
D)people
E)order
Unlock Deck
Unlock for access to all 51 flashcards in this deck.
Unlock Deck
k this deck
20
Long-term plans cover a period in excess of five years and tend to be developed by ________.

A)sales directors
B)supervisors
C)operative employees
D)top executives
E)middle-level managers.
Unlock Deck
Unlock for access to all 51 flashcards in this deck.
Unlock Deck
k this deck
21
Goal setting makes objectives ________.

A)standing
B)positive
C)unattainable
D)general
E)operational
Unlock Deck
Unlock for access to all 51 flashcards in this deck.
Unlock Deck
k this deck
22
Budgets tend to be like a planning guide containing a control mechanism for a supervisor.
Unlock Deck
Unlock for access to all 51 flashcards in this deck.
Unlock Deck
k this deck
23
In order to create a PERT chart it is necessary to know ________.

A)key activities
B)programming tools
C)drafting software
D)graphing techniques
E)cost reduction techniques
Unlock Deck
Unlock for access to all 51 flashcards in this deck.
Unlock Deck
k this deck
24
A ________ is bar graph with time on the horizontal axis and activities to be scheduled on the vertical axis.

A)graphic analysis
B)flow chart
C)PERT diagram
D)quality control checkpoint
E)Gantt chart
Unlock Deck
Unlock for access to all 51 flashcards in this deck.
Unlock Deck
k this deck
25
A PERT chart is a diagram that depicts the ________ needed to complete a project and the time or costs associated with each activity.

A)supplies
B)manpower
C)time
D)sequence of activities
E)management input
Unlock Deck
Unlock for access to all 51 flashcards in this deck.
Unlock Deck
k this deck
26
The series of steps a supervisor would utilize in responding to a recurring problem with employees is a ________.

A)procedure
B)mission statement
C)rule
D)single-use plan
E)policy
Unlock Deck
Unlock for access to all 51 flashcards in this deck.
Unlock Deck
k this deck
27
________ involves the search for and utilization of the best methods used by competitors and non-competitors that lead to superior performance.

A)Copying
B)Plagiarizing
C)Benchmarking
D)ISO 9000
E)Six Sigma
Unlock Deck
Unlock for access to all 51 flashcards in this deck.
Unlock Deck
k this deck
28
Strategic planning would be implemented when developing expense budgets and employee work schedules.
Unlock Deck
Unlock for access to all 51 flashcards in this deck.
Unlock Deck
k this deck
29
The ISO standards,once met,assure customers that a company uses specific steps to ________ the products it sells.

A)advertise
B)deliver
C)recall
D)test
E)promote
Unlock Deck
Unlock for access to all 51 flashcards in this deck.
Unlock Deck
k this deck
30
A system by which employees jointly determine specific performance goals with their supervisors,where progress toward goals is periodically reviewed,and rewards are allocated on the basis of this progress is ________.

A)management by objectives
B)goal setting
C)visioning
D)management review
E)achievement mapping
Unlock Deck
Unlock for access to all 51 flashcards in this deck.
Unlock Deck
k this deck
31
When a supervisor is confronted with a recurring problem,a ________ is created because it is simple to follow and ensures consistency.

A)procedure
B)standard
C)policy
D)program
E)rule
Unlock Deck
Unlock for access to all 51 flashcards in this deck.
Unlock Deck
k this deck
32
"We promote from within whenever possible" is a ________.

A)procedure
B)rule
C)mission statement
D)policy
E)single-use plan
Unlock Deck
Unlock for access to all 51 flashcards in this deck.
Unlock Deck
k this deck
33
Distinguish strategic planning from tactical planning.
Unlock Deck
Unlock for access to all 51 flashcards in this deck.
Unlock Deck
k this deck
34
In contrast to policies,procedures are not specific;and like policies,they provide consistency.
Unlock Deck
Unlock for access to all 51 flashcards in this deck.
Unlock Deck
k this deck
35
The premise behind Six Sigma is to "design,measure,analyze,and control the ________ of a production process."

A)activities
B)procedures
C)output side
D)input side
E)defect rate
Unlock Deck
Unlock for access to all 51 flashcards in this deck.
Unlock Deck
k this deck
36
What is the role of a supervisor in the planning process?
Unlock Deck
Unlock for access to all 51 flashcards in this deck.
Unlock Deck
k this deck
37
A supervisor's responsibility includes the ability to establish and set policy for the organization.
Unlock Deck
Unlock for access to all 51 flashcards in this deck.
Unlock Deck
k this deck
38
A Gantt chart visually shows a supervisor what has to be done to complete a job and to assess whether it is ahead,behind,or on schedule.
Unlock Deck
Unlock for access to all 51 flashcards in this deck.
Unlock Deck
k this deck
39
Identify and explain the different planning time frames,their lengths,and who carries them out.
Unlock Deck
Unlock for access to all 51 flashcards in this deck.
Unlock Deck
k this deck
40
What is benchmarking and how would a supervisor use it?
Unlock Deck
Unlock for access to all 51 flashcards in this deck.
Unlock Deck
k this deck
41
A ________ typically looks at four areas that contribute to a company's performance: financial,customer,internal processes,and people/innovation/growth assets.

A)vision quest
B)game plan
C)process scorecard
D)balanced scorecard
E)retrieval plan
Unlock Deck
Unlock for access to all 51 flashcards in this deck.
Unlock Deck
k this deck
42
A written document that identifies the entrepreneur's vision and describes the strategy and operations of a new venture by laying out the proposed goals and activities is a(n)________.

A)decision tree
B)business plan
C)strategic plan
D)operating plan
E)pro forma plan
Unlock Deck
Unlock for access to all 51 flashcards in this deck.
Unlock Deck
k this deck
43
It is important not to confuse supervising in a small business with entrepreneurship because not all small-business supervisors are entrepreneurs.Many do not ________.

A)plan
B)organize
C)motivate
D)innovate
E)delegate
Unlock Deck
Unlock for access to all 51 flashcards in this deck.
Unlock Deck
k this deck
44
In the goal setting process,providing regular feedback on employee performance and tying rewards to the achievement of objectives act to stimulate employee motivation.
Unlock Deck
Unlock for access to all 51 flashcards in this deck.
Unlock Deck
k this deck
45
The following are common ingredients in a goal setting program EXCEPT ________.

A)time limits
B)goal specificity
C)participation
D)standing plans
E)performance feedback
Unlock Deck
Unlock for access to all 51 flashcards in this deck.
Unlock Deck
k this deck
46
The evidence on entrepreneurial personalities leads to all of the following conclusions EXCEPT ________.

A)the cultural context in which individuals were raised will have an effect
B)people with this personality thrive under the rules,regulations and controls imposed by bureaucracies
C)people with this personality are not likely to be contented,productive employees in the typical large corporation
D)the challenges and conditions inherent in starting one's own business mesh well with this personality
E)prefer to be personally responsible for solving problems
Unlock Deck
Unlock for access to all 51 flashcards in this deck.
Unlock Deck
k this deck
47
In the past the central theme in traditional objective-setting was that objectives were set at the top and then broken down into sub-goals for each level in the organization.
Unlock Deck
Unlock for access to all 51 flashcards in this deck.
Unlock Deck
k this deck
48
Discuss the system of goal setting a supervisor would use with employees.
Unlock Deck
Unlock for access to all 51 flashcards in this deck.
Unlock Deck
k this deck
49
Research indicates that effective supervisors behave in ways that lead to superior employee performance.Unfortunately,often supervisors are better at communicating ________.

A)low expectations
B)high expectations
C)disappointment
D)satisfaction
E)surprise
Unlock Deck
Unlock for access to all 51 flashcards in this deck.
Unlock Deck
k this deck
50
Goal setting works and it can help supervisors be more ________.

A)structured
B)authoritarian
C)strict
D)effective
E)demanding
Unlock Deck
Unlock for access to all 51 flashcards in this deck.
Unlock Deck
k this deck
51
The process of initiating a business venture,organizing the necessary resources,and assuming the risks and rewards is referred to as ________.

A)leadership
B)entrepreneurship
C)business planning
D)strategic planning
E)organizing
Unlock Deck
Unlock for access to all 51 flashcards in this deck.
Unlock Deck
k this deck
locked card icon
Unlock Deck
Unlock for access to all 51 flashcards in this deck.