What are those methods or processes followed by planners in preparing or evaluating their plans, programs, and policies?

• Planning techniques

• Organization structures

• Contingency plan

• Organizational analysis and design

This pertains to making predictions of what is likely to happen in the future.

• Benchmarking

• Forecasting

• Contingency plan

• Scenario Planning

This is an urban planning paradigm that emphasizes involving the entire community in the strategic and management processes.

• Benchmarking

• Forecasting

• Contingency plan

• Participatory Planning

This refers to another planning technique that generally involves external comparisons of a company’s practices and technologies with those of other companies.

• Benchmarking

• Forecasting

• Contingency plan

• Participatory Planning

This pertains to making assumptions on what the future is going to be and how your business environment will change overtime in light of that future.

• Benchmarking

• Forecasting

• Contingency plan

• Scenario Planning

This is a course of action that your organization would take if an unexpected event or situation occurs.

• Benchmarking

• Forecasting

• Contingency plan

• Scenario Planning

Which among the following is one advantage of running a business as a corporation?

• You can be influential to the government regulatory bodies

• You, as shareholder, are not personally liable for the contractual obligations, debts, negligence, or wrongful

       acts of the corporation

• You can easily be elected president of the corporation

• You are not required to file a separate business report

Which among the following is true about a line function?

• A position in the direct chain of command that is responsible for the achievement of an organization’s goals.

• Purely advisory and has no authority

• Paid higher than a staff function

• Indicated in the organization chart in dotted lines

Which among the following is true about an organizational design?

• The process of aligning an organization’s structure with its vision and mission

• A process that determines the salary structure of the company

• A process to help you decide whether you will organize your business as a single proprietorship, partnership, or

  corporation

• A method that forecasts the revenues and profits of the company

This pertains to a basic organization framework.

• Staff function

• Matrix structure

• Line structure

• Divisional structure