A plan is a blueprint for action that prescribes the activities necessary for the organization to realize its goals.
Topic 2_Planning

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Nisa Maamor
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
One of the easiest parts of the planning function is anticipating changes in the general environment.
True
False
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
One cost of planning is that it may delay decision-making.
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
All planning is done through either a top-down approach or a bottom-up approach.
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The primary advantage of top-down planning is that the individuals closest to the operating system, customers, or suppliers initiate the planning process.
True
False
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Strategic planning occurs at three primary levels within an organization: corporate, business, and functional.
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Operational planning focuses on determining the day-to-day activities that are necessary to achieve the long-term goals of the organization.
True
False
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