1.03 Managerial Planning

What is the most fundamental of the five management functions?

• Staffing

• Organizing

• Planning

• Leading

What is a desired future state that the organization attempts to realize?

• Mission statement

• Objective

• Goal

• Contingency plan

What does planning allow managers to do in relation to the environment?

• Avoid it

• Adapt to it

• Ignore it

• React to it

What are the six basic questions that planning answers in regard to any activity?

• What, when, where, who, why, how much

• Why, when, where, who, how, how much

• What, when, where, who, how, how much

• What, when, where, who, how, why

What is the primary function of planning?

• Establishing planning premises

• Establishing objectives

• Securing cooperation

• Identifying barriers

What is the first step in the planning function of management?

• Securing cooperation

• Establishment of objectives

• Choice of alternative course of action

• Formulation of derivative plans

What are the assumptions about the lively shape of events in the future called?

• Operational plans

• Tactical plans

• Strategic plans

• Planning premises

What are the specific results expected from departments, work groups, and individuals called?

• Strategic plans

• Operational goals

• Tactical plans

• Contingency plans

What type of plan is concerned with what the lower level units within each division must do?

• Operational plans

• Contingency plans

• Strategic plans

• Tactical plans

What type of plan is an outline of steps designed with the goals of the entire organization in mind?

• Strategic plans

• Tactical plans

• Contingency plans

• Operational plans