BM 1.03 Managerial Planning

Multiple Choice

What is the primary purpose of planning in management?

• To control employees' actions

• To allocate resources for achieving goals

• To motivate staff members

• To monitor competitors

Multiple Choice

Which of the following is a key question that planning answers?

• Why does competition exist?

• Who will be promoted?

• What needs to be accomplished?

• How many employees to hire?

Multiple Choice

Which type of plan is designed for activities that do not repeat?

• Strategic plan

• Tactical plan

• Single-use plan

• Operational plan

Multiple Choice

What is the first step in the planning process?

• Securing cooperation

• Establishing objectives

• Choosing alternative actions

• Appraising plans

Multiple Choice

Why is it important for goals to be measurable?

• To reduce employee stress

• To determine progress and success

• To avoid setting deadlines

• To ensure they are challenging

Multiple Choice

How do middle managers contribute to the planning process?

• By creating strategic goals for the organization

• By translating broad objectives into specific goals for departments

• By supervising operational tasks daily

• By approving budgets for all departments

Multiple Choice

Which is an example of a barrier to planning?

• Effective communication

• Clear mission statement

• Lack of commitment to the planning process

• Strategic goal-setting

Multiple Choice

What is the main difference between tactical and strategic plans?

• Tactical plans focus on short-term goals; strategic plans focus on long-term goals.

• Tactical plans are only created by top-level managers.

• Strategic plans deal with daily operations, while tactical plans address the big picture.

• Tactical plans are less specific than strategic plans.

Multiple Choice

If a company fails to consider external factors like the economy during planning, which barrier is affecting them?

• Focusing on the present at the expense of the future

• Too much reliance on the planning department

• Concentrating on controllable variables

• Lack of measurable goals

Multiple Choice

A manager is developing contingency plans for an upcoming project. What is the most likely reason for this action?

• The organization is required by law to have multiple plans.

• The manager anticipates potential changes that may require an alternate approach.

• The project team prefers to work on several plans at once.

• The manager is unsure of the organization’s mission statement.