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Principles of Management Study Set 1
Quiz 5: Section 1: Planning and Decision Making
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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
Who is responsible for the creation of tactical plans?
Question 43
Multiple Choice
Planning works best when the goals and action plans at the_______ of the organization support the goals and action plans at the___________of the organization.
Question 44
Multiple Choice
Which of the following is an accepted method for tracking progress toward goal achievement?
Question 45
Multiple Choice
Which of the following is NOT one of the characteristics of S.M.A.R.T. goals?
Question 46
Multiple Choice
The most popular approach to increasing goal commitment is _____________.
Question 47
Multiple Choice
_____________is responsible for developing strategic plans that make clear how the company will serve customers and position itself against competitors in the next two to five years.
Question 48
Multiple Choice
The basic purpose of___________ planning is to leave commitments open by maintaining slack resources.
Question 49
Multiple Choice
_________can help organizations to maintain flexibility as they plan.
Question 50
Multiple Choice
Which of the following is a commonly used method for increasing goal commitment?
Question 51
Multiple Choice
What type of planning would be used to create the festivities necessary to celebrate the 100-year anniversary of a furniture manufacturer?
Question 52
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 53
Multiple Choice
For options-based planning to work, the organization must________ .
Question 54
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 55
Multiple Choice
A(n) ____________ lists the specific steps, people, resources, and time period for accomplishing a goal.
Question 56
Multiple Choice
Which of the following is a commonly used method for increasing goal commitment?
Question 57
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 .
Question 58
Multiple Choice
__________planning keeps options open by making small, simultaneous investments in many alternative plans.
Question 59
Multiple Choice
The goal of a company was to reduce the expenses incurred by the sales force. A manager examining weekly expense sheets would be using which of the accepted methods for tracking progress toward goal achievement?