Managers should balance time spent on planning, organizing, influencing, and controlling. True False Question 3 10 Points Planning is a primary activity of management. It precedes organizing, influencing and controlling. True False Question 4 10 Points A standing plan is used only once. True False Question 5 10 Points Procedures explain the related actions to be taken to accomplish a particular task. True False Question 6 10 Points Rules are specific standing plans that indicates what an organization member should or should not do and rules allow no room for interpretation. True False Question 7 10 Points Management needs to state objectives for the organization so it can begin planning. True False Question 8 10 Points Organizational objectives come from the mission of the organization. True False Question 9 10 Points Objectives can be short-term, intermediate-term, or long-term. True False Question 10 10 Points Forecasting is a vital process of interpreting how the environment will influence the organization and can help management plan effectively. True False
Managers should balance time spent on planning, organizing, influencing, and controlling.
True
Planning is a primary activity of management. It precedes organizing, influencing and controlling.
True
A standing plan is used only once.
False
Procedures explain the related actions to be taken to accomplish a particular task
True
Rules are specific standing plans that indicates what an organization member should or should not do and rules allow no room for interpretation.
True
Management needs to state objectives for the organization so it can begin planning.
True
Organizational objectives come from the mission of the organization
True
Objectives can be short-term, intermediate-term, or long-term. True
Forecasting is a vital process of interpreting how the environment will influence the organization and can help management plan effectively
True
Managers should balance time spent on planning, organizing, influencing, and controlling. True False Question 3 10...
(TRUE or FALSE) More than a goal, a vision statement is a broad explanation of why the organization exists and where it is trying to go and in what sectors should it be investing its resources. a. TRUE b. FALSE 0.5 points QUESTION 17 The process used to accomplish organizational goals through planning, organizing, leading and controlling people and other organizational resources is called? a. Management b. Enabling c. SWOT Analysis d. Brainstorming 0.5 points QUESTION 18 This...
8 Which method of sales forecasting is based on the informal but informed opinions of managers? A. The product stages method B. The jury of executive opinion method C. The moving average method D. The regression method E. The salesforce estimation method 10 During the ________ stage of the product life cycle, sales are primarily based on the need to replace products. A. growth B. maturity C. decline D. introduction E. Saturation 13 Which management function precedes and is the...
QUESTION 11 True or False? Managers who undertake a strategic planning process must understand how the organization is positioned in the environment in which the organization operates. True O False QUESTION 12 True or False? Operational planning includes steps taken to develop mission, vision, and value statements. O True False QUESTION 13 True or False? The purpose of a mission statement is to provide a description of a future in which the organization's expected outcomes are achieved. True False QUESTION...
QUESTION 19 A salesperson’s persuasive abilities are improved with an enthusiastic attitude and effective proof statements. True False 2 points QUESTION 20 Most sales managers focus on completing assigned tasks in an attempt to earn large commissions, but most salespeople focus on long-term objectives and organizational goals True False 3 points QUESTION 21 The attainment of sales force goals in an effective manner is called sales management True False 2 points QUESTION 22 _____ is defined as...
QUESTION 16 True or False? The state health department is creating a strategic plan to help determine the need for a childhood obesity program. They identify that the department's workforce is highly committed. This is an example of an opportunity in terms of SWOT analysis True O False QUESTION 17 True or False? Key issue analysis is a way an organization can plan for significant and relevant events that would influence the strategic plan. True False QUESTION 18 True or...
True/False. Each question is worth 1 point. Circle your answer 1. If an organization decides to compete on costs, and hires low-cost labor, it needs to have a decentralized structure to enable autonomy in decision-making by the workers. TRUE/FALSE 2 In a two-way linkage, an organization is restricted from considering the human resource issues while formulating its strategic plan. TRUE/FALSE 3 An advantage of employing temporary workers is that it frees a firm from many of the administrative tasks and...
3. _______________ refers to top management’s plans to develop and sustain competitive advantage so that the organization’s mission is fulfilled. a. Vision c. Strategy b. Mission d. Competitive advantage 4. The strategic management process can be summarized in all of the following steps EXCEPT a. Internal analysis c. Strategy Evaluation b. Strategy Formulation d. External Analysis e. Strategic Philosophy f. Strategic Control f. N/A, all of these are steps in the process...
Question 10 3 pts True of false: Firms should strive to produce high-quality goods that are culturally sensitive, as well as safe for both consumers and the environment. True O False
QUESTION 10 Risk management is an important factor because of expected aspects during system development. True False 1 points QUESTION 11 Risk planning considers each of the risks that have been identified and develops a strategy to manage the risks. True False 1 points QUESTION 12 Strategies to handle risks include: Avoidance, testing, and contingency plans Avoidance, minimization, and contingency plans Avoidance, minimization, and balance plans Construction, minimization, and contingency plans 1 points QUESTION 13 The three(3)...
Question Completion Status: B. C In this section, you will have both true/false and matching questions. The questions will be on with the best answer. N. Formulating a strategy is the first step in are planning process. Jamye is attempting to create a group of decisions that correlate Mission Staten with achieving a goal, appropriate a plan of action, and how resources should be used for this goal; she is creating a True It Kela and her board team are...