Bmgt 3510 Chapter 5

Front 1

Which term refers to developing action for the purpose of accomplishing business objectives?

Back 1

Planning

Front 2

What is the affirmative purpose of planning?

Back 2

Increasing organizational success

Front 3

Which of the following is the fundamental purpose of planning?

Back 3

To help the organization reach its objectives

Front 4

Which management function precedes and is the basis for other management functions?

Back 4

Planning

Front 5

Which type of plan supplies broad guidelines for action that support organizational objectives?

Back 5

A policy

Front 6

Which of the following is an example of a single-use plan?

Back 6

A budget

Front 7

Which of the following is an example of a standing plan?

Back 7

A sustainability policy

Front 8

Considering elements of the environment of an organization will help in which step of the planning process?

Back 8

Stating organizational objectives

Front 9

At which step would a manager develop strategic and tactical plans in the planning process?

Back 9

When developing plans to pursue thechosen alternative

Front 10

Which term refers to the target toward which the open management system is directed?

Back 10

Organizational objective

Front 11

When management outlines its commitment to new methods of operation, what type of objective is being set?

Back 11

Innovation

Front 12

When setting objectives for where a firm would like to be in comparison to competitors, what key area of objectives is being considered?

Back 12

Market standing

Front 13

When setting organizational objectives, a(n) ___objective is intended to be achieved in five to seven years.

Back 13

Long-term

Front 14

The idea that a manager should clearly determine, understand, and state an objective before taking action is called___.

Back 14

The principle of objective

Front 15

Which guideline for establishing objectives focuses on helping a worker to be better motivated in carrying out an objective?

Back 15

Let the people responsible for attaining the objectives have a voice in setting them

Front 16

Raul is a manager who wants to make sure his subordinates know how he will determine whether an objective has been reached.On which guideline for establishing objectives is Raul focusing?

Back 16

Pinpointing expected results

Front 17

What step in the management by objectives process involves the manager and the worker checking to see whether the objectives are being reached?

Back 17

Monitor Progress

Front 18

What is the main thrust of the management by objective process that helps managers and subordinates feel that objectives are fair and appropriate?

Back 18

Managers and subordinates should develop and agree on each individual’s goals

Front 19

Which of the following is an advantage of using an MBO approach?

Back 19

Securing employee commitment to reaching organizational goals

Front 20

The process of predicting future environmental issues is primarily accomplished through ___.

Back 20

Forecasting

Front 21

Which type of forecast is focused on how many products will be sold to consumers over a specified time period?

Back 21

Sale forecasting

Front 22

Which method of sales forecasting is based on the informal but informed options of managers?

Back 22

The jury of executive opinion method

Front 23

During the ___ stage of the product life cycle,sales are primarily based on the need to replace product.

Back 23

Saturation

Front 24

___ involves developing a list of activities and following timetables for the purpose of attaining an objective.

Back 24

Scheduling

Front 25

The program evaluation and review technique​ (PERT) emphasizes which activity that the Gantt chart does​ NOT?

Back 25

Interrelationship of tasks