QuestionsChapter 8 Foundations of Planning.docx

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QuestionsChapter8FoundationsofPlanning

Chapter8FoundationsofPlanning

TRUE/FALSE.Write'T'ifthestatementistrueand'F'ifthestatementisfalse.

1)Planningisconcernedwithhowobjectivesaretobeaccomplished,notwhatistobeaccomplished.

2)Planningprovidesdirectiontomanagersandnonmanagersalike.

3)Absenceofplanningdoesnotinhibittheabilityofdepartmentsandindividualstoworktogetherororganizationstomove.

4)Planninghelpsmanagerseliminateuncertaintyandinsulatesorganizationsfromchange.

5)Severalresearchstudieshaveconclusivelyproventhatplanningorganizationsalwaysoutperformnonplanningorganizations.

6)Studiesindicatethatdoingagoodjobplanningandimplementingthoseplansplayabiggerpartinhighperformancethandoeshowmuchplanningisdone.

7)Asmanagersplan,theydevelopbothgoalsandplans.

8)Mostbusinesseshaveonlythesinglegoalofmakingprofits.

9)Strategicgoalsfocusexclusivelyonthefinancialperformanceoftheorganization.

10)Statedgoalsarethosethatanorganizationactuallypursues.

11)Long-termplansarethosewithatimeframebeyondthreeyears.

12)Thenumberofyearsusedtodefineshort-termandlong-termplanshasincreasedconsiderablybecauseofthegreaterenvironmentalcertaintybusinesseshavetoday.

13)Short-termplansarethosecoveringoneyearorless.

14)Directionalplansareclearlydefinedandleavenoroomforinterpretation.

15)Whenuncertaintyishighandmanagersmustbeflexibleinordertorespondtounexpectedchanges,directionalplansarepreferable.

16)Thestandardproceduretobefollowedbythehumanresourcesdepartmentofacompanywheninitiatingdisciplinaryactionagainstanemployeeisanexampleofastandingplan.

17)Intraditionalgoalsetting,goalssetbytopmanagersflowdownthroughtheorganizationandbecomesubgoalsforeachorganizationalarea.

18)Inthemanagementbyobjectives(MBO)processofgoalsetting,goalsarenotwell-defined,givingmanagersandemployeesmoreflexibilitytorespondtochangingconditions.

19)Thefirststepingoalsettingistoevaluateavailableresources.

20)Thecommitmentconceptsaysthatplansshouldextendfarenoughtomeetthosecommitmentsmadewhentheplansweredeveloped.

21)Inanuncertainenvironment,managersshoulddevelopplansthatarespecific,butflexible.

22)Dynamicenvironmentsrequireaflatterorganizationalhierarchyinordertoplaneffectively.

MULTIPLECHOICE.Choosetheonealternativethatbestcompletesthestatementoranswersthequestion.

23)________involvesdefiningtheorganization'sgoals,establishingstrategiesforachievingthosegoals,anddevelopingplanstointegrateandcoordinateworkactivities.

A)

Execution

B)

Logistics

C)

Planning

D)

Operations

24)Whichofthefollowingisoneofthereasonswhymanagersshouldplan?

A)Whenworkactivitiesarecoordinatedaroundplans,inefficienciesbecomeobvious.

B)Uncertaintycanbeeliminatedandtheorganizationcanbeinsulatedfromchangewithplanning.

C)Planningeliminatestheneedtosetgoals.

D)Planningeliminatestheneedtomeasureworkeffort.

25)Whichofthefollowingistrueoftheimpactofformalplanningonorganizationalperformance?

A)Formalplanningisassociatedwithpositivefinancialresults.

B)Organizationsthatformallyplaninvariablyoutperformthosethatdon'tplan.

C)Theamountofplanningdoneismoreimportanttohighperformancethanthequalityofplanningandimplementation.

D)Companiescanstartseeingtheimpactofformalplanningonperformanceafteraboutayearofstartingtheplanningprocess.

26)Theeffectofplanningonmanagersisthatitforcesthemto________.

A)growresistanttochange

B)anticipateandrespondtochange

C)eliminateuncertainty

D)workatcrosspurposes

27)Whenformalplanningfailstoleadtohigherperformance,whichofthefollowingismostlikelytobethereasonforthefailure?

A)Aparticipativestyleofplanningwasused.

B)Managerswereallowedtoomuchautonomy.

C)Thecompanyemphasizedthecontrolfunctionoverotherfunctions.

D)Constraintsoftheexternalenvironment.

28)Goalsaredifferentfromplansbecause________.

A)goalsidentifyspecificstepsthattheorganizationneedstoachieve,andplansidentifytheoverallmissionoftheorganization

B)goalsdescribefinancialobjectives,andplansdescribeobjectivesrelatedtosocialresponsibility

C)goalsareimportantonlyforsmallcompanies,andplansareimportantonlyforlargecompanies

D)goalsaredesiredoutcomes,andplansdescribehowthoseoutcomeswillbeaccomplished

29)Whichaspectofplanningreferstodocumentsthatoutlinehowresultsaretobeachieved?

A)goals

B)plans

C)objectives

D)performance

30)Whichofthefollowingstatementsistrueregardinganorganization'sgoals?

A)Allorganizationssharethesinglegoalofmakingprofits.

B)Asinglegoalismoreefficientthanmultiplegoalsfordefininganorganization'ssuccess.

C)Usingasinglegoalsuchasprofitmayresultinunethicalbehaviorsbyemployees.

D)Long-termsuccessisensuredifmanagersemphasizeonlyonegoalforanorganization.

31)Nike,Inc.isasportswearandequipmentmanufacturerthatservesamultitudeofsportsdisciplines.WhichofthefollowingstatementsfromNikewouldbethebestexampleofastrategicgoal?

A)atenpercentincreaseinaverageannualsales

B)asevenpercentincreaseinaverageannualincome

C)achievingareturnoninvestmentof17percent

D)acceleratinggrowththroughfocusedexecution

32)Mostcompany'sgoalscanbeclassifiedaseither________or________.

A)strategic;financial

B)operational;tactical

C)social;economic

D)strategic;operational

33)Anorganization'smissionstatesthatit"iscommittedtoreducingitsenvironmentalfootprint";butitsfacilitiesdonotcomplywithstatutoryenvironmentalregulations.Thisisaninstanceofhow________.

A)strategicgoalshelpshapefinancialgoals

B)long-termgoalsdifferfromshort-termgoals

C)anorganizationsstatedgoalsneednotbeitsrealgoals

D)acompany'srealgoalsarederivedfromitsmissionstatement

34)Anorganization's________goalsareofficialstatementsofwhatanorganizationsays,andwhatitwantsitsstakeholderstobelieve,itsgoalsare.

A)stated

B)seal

C)suthentic

D)implicit

35)Whichofthefollowingisthebestindicatorofanorganization'srealgoals?

A)organizationalmembers'actions

B)missionstatement

C)annualreports

D)stockvaluation

36)Organizationalplanscanbeclassifiedonthebasisofallofthefollowingcharacteristics,exceptonthebasisoftheir________.

A)breadth

B)attainability

C)specificity

D)frequencyofuse

37)Strategicplansareusually________.

A)shortterm,directional,andstanding

B)shortterm,specific,andstanding

C)longterm,directional,andsingleuse

D)longterm,specific,andstanding

38)Operationalplansareusually________.

A)shortterm,directional,andstanding

B)shortterm,specific,andstanding

C)longterm,directional,andsingleuse

D)longterm,specific,andstanding

39)________plansapplytotheentireorganizationandestablishtheorganization'soverallgoals.

A)Departmental

B)Strategic

C)Operational

D)Specific

40)Plansthatencompassonlytheproductionorthesalesgoalsofacompanyaretermed________plans.

A)operational

B)strategic

C)informal

D)financial

41)Long-termplansaredefinedasthosewithatimeframebeyond________.

A)sevenyears

B)oneyear

C)fiveyears

D)threeyears

42)Short-termplansarethosecovering________orless.

A)threeyears

B)oneyear

C)sixmonths

D)fiveyears

43)Whichofthefollowingfactorshascontributedtothedeclineinthenumberofyearsusedtodefineshort-termandlong-termplans?

A)environmentaluncertainty

B)profit-orientationofbusinesses

C)flattenedorganizationalstructures

D)stagnantbusinessconditions

44)________plansareplansthatareclearlydefinedandleavenoroomforinterpretation.

A)Directional

B)Stated

C)Long-term

D)Specific

45)Whatplansarepreferablewhenuncertaintyishighinthebusinessenvironment?

A)standingplans

B)directionalplans

C)specificplans

D)informalplans

46)Astandingplanis________.

A)anongoingplanthatprovidesguidanceforactivitiesperformedrepeatedly

B)aplanthatstandsinplaceofapreferredplanincaseofthefailureofthelatter

C)aone-timeplanspecificallydesignedtomeettheneedsofauniquesituation

D)aflexibleplanthatsetsoutgeneralguidelinesforcompanystrategy

47)Whichofthefollowingisanexampleofasingle-useplan?

A)affirmativeactionhiringpoliciesofacompany

B)aplandevelopedtoimplementnewenvironmentalregulations

C)theproceduretobefollowedforfiringlow-performingemployees

D)aplandevelopedtoensureworkersafetyatthecompany'sfacilities

48)Whichofthefollowingisanexampleofastandingplan?

A)aretailchain'splantocountertheentryofanewcompetitor

B)aplandevelopedtoaddressasudden,unanticipatedsurgeindemand

C)afireescapepolicyestablishingpracticestobefollowedinanemergency

D)aplantocopewithradicalchangesinthepoliticalenvironment

49)In________,goalssetbytopmanagersflowdownthroughtheorganizationandbecomesubgoalsforeachorganizationalarea.

A)managementbyobjectives

B)managementbyobser

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