Question 1

What are the four major approaches to implementation?

Accepted Answer

Four major approaches to implementation ...

Question 2

The performance targets set during the planning cycle are

Accepted Answer

A)   goals.
B)   procedures.
C)   budgets.
D)   objectives.

Question 3

What is MBO? What are the key steps of the MBO cycle?

Accepted Answer

MBO stands for management by objectives....

Question 4

Which of the following contributed to Pepsi losing the war against Coke?

Accepted Answer

A)   Pepsi failed to balance their long-term objectives with short-term goals.
B)   Pepsi did not encourage worker participation in the planning process.
C)   Pepsi failed to assess their external environment.
D)   Pepsi failed to define its priorities.

Question 5

What is paralysis of the analysis?

Accepted Answer

An obsession with paperwork, technical r...

Question 6

Contrast formal planning and opportunistic planning.

Accepted Answer

Formal planning systems are designed to ...

Question 7

Cascading of objectives refers to the fact that

Accepted Answer

A)   objectives at the top have larger budgets than those at lower organizational levels.
B)   objectives are more general at the top and become more specific at lower organizational levels.
C)   objectives at higher organizational levels reflect the mission of the organization.
D)   all of the above

Question 8

Which of the following is not considered a benefit of planning?

Accepted Answer

A)   Planning requires managers to assess the external environment to better respond to challenges.
B)   An effective planning process provides an opportunity to separate the planners from the implementers.
C)   The planning goals give organizational members a sense of direction and purpose.
D)   Planning may help the firm reduce uncertainty by forcing managers to think long term.

Question 9

The process that helps managers set objectives for the future and map out the activities and means that will make it possible to achieve those objectives is

Accepted Answer

A)   goal setting.
B)   objective setting.
C)   implementing.
D)   planning.

Question 10

Worthwhile objectives that allow managers to determine whether key outcomes are being reached include which of the following?

Accepted Answer

A)   Profitability targets such as ROI
B)   Quality goals such as percentage of rejects
C)   Innovation outcomes such as number of patents
D)   all of the above

Question 11

NASA's goal to reach the moon, which involved the design and construction of a lunar module, is an example of a single-use plan.

Accepted Answer

A) True 
 B)False  True

Question 12

What is scenario planning?

Accepted Answer

Scenario planning is also known as conti...

Question 13

The planning program in which objectives are mutually set between the employee and supervisor is known as

Accepted Answer

A)   management by objectives.
B)   management by walking around.
C)   opportunistic planning.
D)   cascading objectives.

Question 14

Examining environmental factors in the planning process helps the firm

Accepted Answer

A)   gain buy-in from those who will implement the plan.
B)   coordinate the efforts of everyone.
C)   provide a sense of direction.
D)   deal with environmental uncertainty. D

Question 15

What are four elements of the formal planning process?

Accepted Answer

The four elements of the formal planning...

Question 16

Since the planning process prioritizes goals, desired objectives seldom work at cross-purposes.

Accepted Answer

A) True 
 B)False

Question 17

Synergy is

Accepted Answer

A)   the degree to which the strategic action plan takes a long-term view of the future and moves the company in that direction.
B)   the extent to which the higher level goals reflect top management's personal philosophy.
C)   the extent to which the strategic action plan fits with organizational characteristics and the external environment.
D)   the integration of the efforts of various organizational subunits to better accomplish corporate-wide business objectives.

Question 18

When planning is conducted by specialists without the participation of other managers, there may be a tendency

Accepted Answer

A)   to generate volumes of paperwork.
B)   to generate formulas that are not relevant in turbulent times
C)   to misunderstand the logic.
D)   all of the above D

Question 19

What are the goals or targets that the firm wishes to accomplish within a stated amount of time?

Accepted Answer

A)   Objectives
B)   Actions
C)   Resources
D)   Implementation

Question 20

What is the planning step that shows the intended actions that will be carried out?

Accepted Answer

A)   Objectives
B)   Actions
C)   Resources
D)   Implementation

Exam 5: Managing the Planning Process

What are the four major approaches to implementation?

Correct AnswerverifiedFour major approaches to implementation ...View AnswerShow Answer

The performance targets set during the planning cycle are

Correct AnswerverifiedShow Answer

What is MBO? What are the key steps of the MBO cycle?

Correct AnswerverifiedMBO stands for management by objectives....View AnswerShow Answer

Which of the following contributed to Pepsi losing the war against Coke?

Correct AnswerverifiedShow Answer

What is paralysis of the analysis?

Correct AnswerverifiedAn obsession with paperwork, technical r...View AnswerShow Answer

Contrast formal planning and opportunistic planning.

Correct AnswerverifiedFormal planning systems are designed to ...View AnswerShow Answer

Cascading of objectives refers to the fact that

Correct AnswerverifiedShow Answer

Which of the following is not considered a benefit of planning?

Correct AnswerverifiedShow Answer

The process that helps managers set objectives for the future and map out the activities and means that will make it possible to achieve those objectives is

Correct AnswerverifiedShow Answer

Worthwhile objectives that allow managers to determine whether key outcomes are being reached include which of the following?

Correct AnswerverifiedShow Answer

NASA's goal to reach the moon, which involved the design and construction of a lunar module, is an example of a single-use plan.

Correct AnswerverifiedTrue

What is scenario planning?

Correct AnswerverifiedScenario planning is also known as conti...View AnswerShow Answer

The planning program in which objectives are mutually set between the employee and supervisor is known as

Correct AnswerverifiedShow Answer

Examining environmental factors in the planning process helps the firm

Correct AnswerverifiedD

What are four elements of the formal planning process?

Correct AnswerverifiedThe four elements of the formal planning...View AnswerShow Answer

Since the planning process prioritizes goals, desired objectives seldom work at cross-purposes.

Correct AnswerverifiedShow Answer

Synergy is

Correct AnswerverifiedShow Answer

When planning is conducted by specialists without the participation of other managers, there may be a tendency

Correct AnswerverifiedD

What are the goals or targets that the firm wishes to accomplish within a stated amount of time?

Correct AnswerverifiedShow Answer

What is the planning step that shows the intended actions that will be carried out?

Correct AnswerverifiedShow Answer

Correct Answer
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Four major approaches to implementation ...
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Correct Answer
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MBO stands for management by objectives....
View Answer

Correct Answer
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Correct Answer
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An obsession with paperwork, technical r...
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Correct Answer
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Formal planning systems are designed to ...
View Answer

Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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True

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Scenario planning is also known as conti...
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Correct Answer
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Correct Answer
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D

Correct Answer
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The four elements of the formal planning...
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Correct Answer
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D

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Correct Answer
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