Planning

Question 1

process which begins with objectives, defines strategies, policies, and detailed plans to achieve them.

Answer 1

planning

Question 2

establishes an organization to implement decisions

Answer 2

planning

Question 3

define as selecting the best course action

Answer 3

planning

Question 4

output of planning, provides the methodical way of achieving desired results.

Answer 4

plan

Question 5

useful guide in implementation of activities

Answer 5

plan

Question 6

(PLANNING AT VARIOUS MANAGEMENT LEVELS)

determining the major goals of the organization

Answer 6

STRATEGIC PLANNING

Question 7

the concern of top management.

Answer 7

STRATEGIC PLANNING

Question 8

establish the organization’s overall goals and apply to the entire firm

Answer 8

STRATEGIC PLANNING

Question 9

broad in scope

Answer 9

STRATEGIC PLANNING

Question 10

determining the contributions that subunits can make with allocated resources.

Answer 10

INTERMEDIATE/TACTICAL PLANNING

Question 11

to support the strategic plan.

Answer 11

INTERMEDIATE/TACTICAL PLANNING

Question 12

set of procedures for changing or transforming broad strategic goals and plans into specific goals and plans

Answer 12

INTERMEDIATE/TACTICAL PLANNING

Question 13

applicable and needed in one unit/portion of the organization.

Answer 13

INTERMEDIATE/TACTICAL PLANNING

Question 14

determining how specific tasks can best be accomplished on time with available resources.

Answer 14

OPERATIONAL PLANNING

Question 15

must perform to support the strategic and intermediate plans.

Answer 15

OPERATIONAL PLANNING

Question 16

their scope is narrow and prepared by lower level managers.

Answer 16

OPERATIONAL PLANNING

Question 17

comprehensive plan for the entire organization covering time frame, specific purpose, frequency of use and other

Answer 17

OPERATIONAL PLANNING

Question 18

What are the 3 planning at various management levels

Answer 18

1. STRATEGIC PLANNING
2. INTERMEDIATE/TACTICAL PLANNING
3. OPERATIONAL PLANNING

Question 19

what is the 1st planning process

Answer 19

Setting organizational, Divisional, or Unit GOALS

Question 20

what is the 2nd planning process

Answer 20

Developing Strategies or tactics to reach Goals

Question 21

what is the 3rd planning process

Answer 21

Determining the resources needed

Question 22

what is the 4th planning process

Answer 22

Setting Standards

Question 23

The first task of a manager is to provide a sense of direction to his firm.

Answer 23

Setting organizational, Divisional, or Unit GOALS

Question 24

setting of goals provides an answer to said concern.

Answer 24

Setting organizational, Divisional, or Unit GOALS

Question 25

precise statements of results sought, quantified in time and magnitude, where possible.

Answer 25

goals

Question 26

concrete results that the organization intends to achieve within a specified period

Answer 26

goal

Question 27

course of action aimed at ensuring that the organization will achieve its objective.

Answer 27

Strategy

Question 28

the basic long-term objectives

Answer 28

Strategy

Question 29

short-term action by management to adjust to negative or external influences.

Answer 29

Tactic

Question 30

formulated and implemented to support the firm’s strategies.

Answer 30

Tactic

Question 31

The decision about short-term goals and the courses of action are indicated in the tactical plan.

Answer 31

Tactic

Question 32

human and non-human resources required by such strategies or tactics.

Answer 32

Determining the resources needed

Question 33

The quality and quantity of resources needed must be correctly determined.

Answer 33

Determining the resources needed

Question 34

The standards for measuring performance maybe set at the planning stage

Answer 34

Setting Standards

Question 35

quantitative or qualitative measuring device

Answer 35

Setting Standards

Question 36

help monitor the performance of people, capital, goods, or processes.

Answer 36

Setting Standards