Question 1

In the planning process,it is important to ensure that planning across the three different levels is:
A)Dependent
B)Static
C)Consistent
D)Complementary
E)Independent

Accepted Answer

In the planning process,it is important to ensure that planning across the three different levels is consistent.

Question 2

A plan that is updated and changed every year to take into consideration how the external environment and the organization's internal environment have changed since the plan was prepared,is known as ________.
A)A standing plan
B)A long-term plan
C)A rolling plan
D)A contingency plan
E)A scenario plan

Accepted Answer

A rolling plan is a plan that is updated and amended every year to take account of changing conditions in the external environment.

Question 3

What type of plans are used in situations in which programmed decision making is appropriate?
A)Single use
B)Functional
C)Rolling
D)Scenario
E)Standing

Accepted Answer

Standing plans are used in situations in which programmed decision making is appropriate.

Question 4

Because of the hostile external environment,RST Consulting treats its multiyear corporate-level plan as a ______ plan in order to maintain flexibility without losing sight of the need to plan for the long term.
A)Scenario
B)Short-term
C)Contingency
D)Rolling
E)Business

Accepted Answer

The use of rolling plans allows managers to plan flexibly without losing sight of the need to plan for the long term.

Question 5

Along with the need for unity,continuity and accuracy,what else did Fayol emphasize in the planning process?
A)Stability
B)Flexibility
C)Accountability
D)Feedback
E)Synergy

Accepted Answer

Despite the need for continuity and accuracy,however,Fayol emphasized that the planning process should be flexible enough so plans can be altered and changed if the situation changes;managers must not be bound to a static plan.

Question 6

Typically ______-level goals and strategies require intermediate- and short-term plans.
A)Functional
B)Business
C)Divisional
D)Corporate
E)Strategic

Accepted Answer

Typically corporate-and business-level goals and strategies require long- and intermediate-term plans,and functional-level goals and strategies require intermediate- and short-term plans.

Question 7

General Electric Company sets a goal that every product line of the company should be either first or second in its industry in market share.What type of goal does this represent?
A)Corporate-level
B)Divisional-level
C)Functional-level
D)Business-level
E)Multidomestic-level

Accepted Answer

The corporate-level plan contains top management's decisions concerning the organization's mission and goals,overall (corporate-level)strategy,and structure.

Question 8

GE Financial Services is an example of which level of management operations for General Electric Company?
A)Functional
B)Corporate
C)Divisional
D)Departmental
E)Top

Accepted Answer

At the business level are the different divisions or business units of the company that compete in distinct industries.

Question 9

A general guide to action for the managers of an organization is known as:
A)A standing plan
B)A rule
C)A policy
D)An SOP
E)A scenario

Accepted Answer

A policy is a general guide to action.

Question 10

What type of plan enables managers to make midcourse corrections if environmental changes warrant or to change the thrust of the plan altogether if it no longer seems appropriate?
A)A standing plan
B)A long-term plan
C)A rolling plan
D)A contingency plan
E)A strategic plan

Accepted Answer

Rolling plans enable managers to make midcourse corrections if environmental changes warrant or to change the thrust of the plan altogether if it no longer seems appropriate.

Question 11

Which type of strategy states the methods that a division within an organization will use to compete against its rivals in the industry?
A)Functional-level strategy
B)Departmental-level strategy
C)Corporate-level strategy
D)Business-level strategy
E)Top-level strategy

Accepted Answer

Business-level strategy outlines the specific methods a division,business unit,or organization will use to compete effectively against its rivals in an industry.

Question 12

A functional-level plan states the goals that the managers of each function will pursue to help their division attain its ______ goals,which,in turn,will allow the entire company to achieve its ______ goals.
A)Departmental-level;functional
B)Business-level;department
C)Divisional-level;divisional
D)Business-level;corporate
E)Functional-level;corporate

Accepted Answer

A functional-level plan states the goals that the managers of each function will pursue to help their division attain its business-level goals,which,in turn,will allow the entire company to achieve its corporate goals.

Question 13

Which type of organizational strategy states the industries and markets in which the organization intends to compete?
A)Divisional-level strategy
B)Departmental-level strategy
C)Functional-level strategy
D)Corporate-level strategy
E)Business-level strategy

Accepted Answer

Corporate-level strategy specifies in which industries and national markets an organization intends to compete and why.

Question 14

In large organizations the divisional level of management is also known as the:
A)Business level
B)Corporate level
C)Functional level
D)Departmental level
E)Top level

Accepted Answer

In large organizations planning usually takes place at three levels of management: corporate,business or division,and department or functional.

Question 15

Typically ______-level goals and strategies require long- and intermediate-term plans.
A)Functional
B)Business
C)Corporate
D)Both functional and business
E)Both corporate and business

Accepted Answer

Typically corporate- and business-level goals and strategies require long- and intermediate-term plans,and functional-level goals and strategies require intermediate- and short-term plans.

Question 16

In large organizations the functional level of management is also known as:
A)Business level
B)Corporate level
C)Functional level
D)Departmental level
E)Top level

Accepted Answer

In large organizations planning usually takes place at three levels of management: corporate,business or division,and department or functional.

Question 17

Which plan of the organization contains top management's decisions about the organization's mission,goals,strategy,and structure?
A)Corporate-level plan
B)Divisional-level plan
C)Functional-level plan
D)Business-level plan
E)Departmental-level plan

Accepted Answer

The corporate-level plan contains top management's decisions concerning the organization's mission and goals,overall (corporate-level)strategy,and structure.

Question 18

Which type of plan details the long-term divisional goals that will allow the division to meet corporate goals?
A)Functional-level plan
B)Business-level plan
C)Departmental-level plan
D)Corporate-level plan
E)Strategic-level plan

Accepted Answer

At the business level,the managers of each division create a business-level plan that details (1)the long-term divisional goals that will allow the division to meet corporate goals and (2)the division's business-level strategy and structure necessary to achieve divisional goals.

Question 19

What type of plans are developed to handle nonprogrammed decision making in unusual or one-of-a-kind situations?
A)Standing
B)Single-use
C)Strategic
D)Scenario
E)Rolling

Accepted Answer

Single-use plans are developed to handle nonprogrammed decision making in unusual or one-of-a-kind situations.

Question 20

When Fayol stated that managers should attempt to collect and to use all available information in the organization's planning process,which aspect of planning was he emphasizing?
A)Unity
B)Flexibility
C)Continuity
D)Accuracy
E)Synergy

Accepted Answer

Accuracy means that managers need to make every attempt to collect and use all available information in the planning process.

Quiz 8: The Manager As a Planner and Strategist

In the planning process,it is important to ensure that planning across the three different levels is:

A plan that is updated and changed every year to take into consideration how the external environment and the organization's internal environment have changed since the plan was prepared,is known as ________.

What type of plans are used in situations in which programmed decision making is appropriate?

Because of the hostile external environment,RST Consulting treats its multiyear corporate-level plan as a ______ plan in order to maintain flexibility without losing sight of the need to plan for the long term.

Along with the need for unity,continuity and accuracy,what else did Fayol emphasize in the planning process?

Typically ______-level goals and strategies require intermediate- and short-term plans.

General Electric Company sets a goal that every product line of the company should be either first or second in its industry in market share.What type of goal does this represent?

GE Financial Services is an example of which level of management operations for General Electric Company?

A general guide to action for the managers of an organization is known as:

What type of plan enables managers to make midcourse corrections if environmental changes warrant or to change the thrust of the plan altogether if it no longer seems appropriate?

Which type of strategy states the methods that a division within an organization will use to compete against its rivals in the industry?

A functional-level plan states the goals that the managers of each function will pursue to help their division attain its goals,which,in turn,will allow the entire company to achieve its goals.

Which type of organizational strategy states the industries and markets in which the organization intends to compete?

In large organizations the divisional level of management is also known as the:

Typically ______-level goals and strategies require long- and intermediate-term plans.

In large organizations the functional level of management is also known as:

Which plan of the organization contains top management's decisions about the organization's mission,goals,strategy,and structure?

Which type of plan details the long-term divisional goals that will allow the division to meet corporate goals?

What type of plans are developed to handle nonprogrammed decision making in unusual or one-of-a-kind situations?

When Fayol stated that managers should attempt to collect and to use all available information in the organization's planning process,which aspect of planning was he emphasizing?