QUIZ BMG 1014 MANAGEMENT

What is the main purpose of planning?

• To create waste and redundancy

• To increase uncertainty

• To provide chaos

• To establish goals for controlling

What are the two main types of plans organizations might use?

• Single-Use and Standing

• Specific and Directional

• Short-term and Long-term

• Strategic and Operational

What are the key contingency factors in planning?

• Organizational level, Degree of environmental certainty, Length of past commitments

• Organizational level, Degree of environmental uncertainty, Length of future commitments

• Organizational size, Degree of environmental uncertainty, Length of future commitments

• Organizational level, Degree of environmental uncertainty, Length of future goals

What is the difference between stated objectives and real objectives?

• Stated objectives are what the organization actually pursues, Real objectives are what the organization wants the public to believe

• Stated objectives are desired outcomes, Real objectives are official statements

• Stated objectives are not official, Real objectives are desired outcomes

• Stated objectives are official statements, Real objectives are not official

What is the approach to setting objectives in which top managers set objectives that then flow down through the organization and become subgoals for each organizational area?

• Strategic objective-setting

• Contingency objective-setting

• Management by Objectives (MBO)

• Traditional objective-setting

What is the process of setting mutually agreed-upon goals and using those goals to evaluate employee performance?

• Management by Objectives (MBO)

• Strategic objective-setting

• Traditional objective-setting

• Contingency objective-setting

How can managers plan effectively in dynamic environments?

• Develop plans that are specific but flexible

• Stop planning when the environment is uncertain

• Only allow top organizational levels to set goals and develop plans

• Ignore lower organizational levels in goal-setting

What is the process of screening information to detect emerging trends?

• Competitive intelligence

• Environmental scanning

• Business intelligence

• Digital tools

What is the data that managers can use to make more effective strategic decisions?

• Competitive intelligence

• Environmental scanning

• Digital tools

• Business intelligence

What is a three-dimensional, interactive, computer-generated experience that occurs within a simulated environment?

• Social Media

• Digital tools

• Virtual Reality

• Business intelligence