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- 17- Which statement is not true regarding planning? a. Plan is always prepared only by the top level managers b. All managers continuously make plans c. Planning is the primary function of management d. Failing to plan is planning to failwrite an essay about which one of the statements you agree or disagree with regarding tomarket efficiency Manager A: “Shareholders will never know our capital budgeting decisions.” Manager B: “We cannot fool shareholders and the market. The market and shareholders will punish the company if bad capital budgeting decisions are made01) Which of the following is not one of the four primary management functions? A) controlling B) planning C) staffing D) organizing E) leading 02) As a manager, one of Joe's duties is to present awards to outstanding employees within his department. Which Mintzberg managerial role is Joe acting in when he does this? A) leadership role B) liaison role C) monitor role D) figurehead role E) spokesperson role 5) Managers need to have three essential skills in order to reach their goals. What are these skills? A) technical, decisional and interpersonal B) technical, human, and conceptual C) interpersonal, informational and decisional D) conceptual, communication and networking E) human, informational and communication 6) According to Luthans' research, successful managers, meaning those that were quickly promoted, spent more of their time on ____than on any other activity. A) traditional management B) human resource management C) networking D)…
- 17- What is the difference between foreseen problems and unforeseen problems when it comes to planning? a. iLL planning b. Proper planning c. Efficient planning d. Effective planning21 - Which of the following is not a reason for managers to plan? a) Performing SWOT analysis B) Reducing conflicts and wasteful activities NS) Coordinated efforts D) reduce uncertainty TO) Establishing standards for tools used to audit work88) Which of the following best describes what strategy implementation is from a behavior perspective? a) The Behavior and activities related to the implementation of a new software system. b) Those senior-level leadership behavior and activities that will transform a working plan into a concentrate reality. c) Those senior level activities that determine which compensation plan is used. d) Those activities that determine how elasticity of demand is transformed from a working plan to a business strategy
- 15 Though goal setting is usually viewed as a positive process, there can be downsides if a) employees lack skills necessary to reach the goals. b) employees can adapt their behaviors in response to unplanned threats. c) rewards are established for coming close to, as well as achieving a goal. d) goals also account for meeting quality standards.43. Why does strategist do not choose all the feasible alternative actions informulating and implementing a strategy? a. Because a strategist just wanted to apply the strategy that they have been using.b. Because a strategist needs to respect the management culture inimplementing strategy.c. Because there can be an infinite possible actions and ways to implement strategyd. Because a strategist tends to back out with the strategy, he is not used indoingWhich of the following is NOT true of a good balanced scorecard? a. It identifies all measures, whether significant or small, that help to implement strategy. b. It uses nonfinancial measures to serve as leading indicators of future financial performance. c. It helps to communicate corporate strategy to all members of the organization. d. It tells the story of a company's strategy by articulating a sequence of cause-and-effect relationships.
- Kent keeps a list of his small business's goals to remind himself of his objectives. Kent is using which goal-setting strategy? Setting deadlines for goals. Making goals difficult, but achievable. Making specific goals. Putting goals in writing.1) Which of the following is NOT one of the components of building a capable organization? a. Staffing the organization b. Building core competencies c. Developing core strategies d. Matching the organization structure to strategy Select one: a. a b. b c. c d. d 2) In performing the strategic evaluation activities, strategic leaders and managers must take into consideration certain key characteristics to determine an effective strategy evaluation system (David, 2007). Which of the following is NOT one of the key characteristics? a. Accuracy in relation to adequate feedback. b. Evolution to re-start. c. Timely feedback for decision making. d. Meaningful to understand that strategy has a short-term and long-term focus. Select one: a. a b. b c. c d. d11 Which of the following is a management function carried out to make comparisons between planned objectives (planning and organizing) and actual situations (executive) in an enterprise and organization? a) Executive B) Control NS) Coordination D) Organizing TO) Planning