MGT400_PLANNING
Presentation
•
Business
•
University
•
Easy
MAZIAH ARIF
Used 7+ times
FREE Resource
21 Slides • 10 Questions
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Let's test your understanding...
22
Multiple Choice
Identifying and selecting appropriate goals and courses of action for an organization, is also known as ________.
Planning
Organizing
Leading
Controling
23
Multiple Choice
A broad declaration of an organization’s purpose that identifies the organization’s products and customers and distinguishes the organization from its competitors, is also known as ________.
Company Vission
Mission Statement
Objectives
Standing Plan
24
Multiple Choice
How many steps are there in the planning process?
1
3
4
2
25
Multiple Choice
Choose the best statement describing the reasons for having a plan.
Helps coordinate managers of the different functions and divisions of an organization
A declaration of an organization’s purpose that identifies the organization’s products and customers and distinguishes the organization from its competitors
A cluster of decisions about what goals to pursue, what actions to take, and how to use resources to achieve goals
Managers need to make every attempt to collect and utilize all available information at their disposal.
26
Multiple Choice
How many levels of planning?
1
2
3
27
Multiple Choice
Standing Plans can include policies, rules and SOP.
True
False
28
Multiple Choice
Top management’s decisions pertaining to the organization’s mission, overall strategy, and structure, is called __________.
Business - level Plan
Corporate level Plan
Corporate level Strategy
Business - level Strategy
29
Multiple Choice
The generation of multiple forecasts of future conditions followed by an analysis of how to respond effectively to each of those conditions, is also known as _________.
Standing Plan
Single-use plan
Scenario Plan
Sitting Plan
30
Multiple Choice
A short - term plan is usually..
Less than 5 years
Less than 1 year
Less than 3 years
31
Multiple Choice
One of the characteristics of any goal is time bounded. True or false?
True
False
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