Chapter 7 TEST

Who are most likely to make decisions regarding the purchase of other companies?

• General managers

• First-line managers

• Supervisors

• Top managers

Which level of management includes job titles such as general manager, division manager, or plant manager?

• Middle management

• Supervisory management

• Top management

• First-line management

Janet is a manager who spends most of her time in day-to-day decisions assigning non managerial employees to specific jobs. Janet is considered a _____ manager.

• Top

• Technical

• Supervisory

• Mid Level

A company's vision should be _____ and _____.

• rigid; focused

• rigid; broad

• focused; flexible

• flexible; broad

Which type of planning determines the primary objectives of an organization and then acts and allocates resources to achieve those objectives?

• Tactical planning

• Strategic planning

• Contingency planning

• Operational planning

A logistics company began moving trucks and supplies into position nearly a week before a hurricane hit the city, as specified in the company's _____ plan.

• tactical

• strategic

• operational

• contingency

Tactical planning is primarily the responsibility of _____.

• middle managers

• supervisory managers

• first - line managers

• top management executives

Daily and weekly plans, rules, and procedures for each department are examples of _____ planning.

• tactical

• strategic

• operational

• contingency

Which of the following best defines a mission statement?

• It identifies those with decision making authority.

• It is a written explanation of an organization's business intentions and aims.

• It specifies the hierarchy of managers and workers.

• It is an analysis that evaluates an organization's internal weaknesses and strengths.

A _____ evaluates a firm's strengths and weaknesses and attempts to define the major opportunities and threats the firm is likely to face.

• mission statement

• matrix

• SWOT analysis

• contingency plan