Review of Planning

Planning is concerned with ________.

• ends only

• means only

• both ends and means

• neither ends nor means

In most cases, strategic goals include ________.

• all financial objectives

• some financial objectives

• all nonfinancial objectives

• both financial and nonfinancial goals

In management by objectives, goals ________.

• must be easily accomplished

• are developed by employees

• are determined by top management

• are jointly determined by employees and managers

Which of the following is NOT a component of SMART goal setting?

• Active

• Timely

• Specific

• Relevant

Top managers, for the most part, focus on which type of planning?

• Specific

• Strategic

• Standing

• A.Short-term