Management-L2-Chapter 8-Set 2

Which type of goals are related to the expected internal

financial performance of the organization?

• Strategic Goals

• Operational Goals

• Financial Goals

• Tactical Goals

What type of plans specify the details of how overall goals are to be achieved

and cover a short time period?

• Strategic Plans

• Operational Plans

• Long-Term Plans

• Specific Plans

  What is the integrated network of goals resulting from establishing

a clearly-defined hierarchy of organizational goals?

• Means-Ends Chain

• Management By Objectives (MBO)

• Strategic Planning

• Directional Planning

Which element of Management By Objectives (MBO) involves

jointly determining specific performance goals with employees?

• Goal Specificity

• Participative Decision Making

• Explicit Performance Period

• Feedback

 In dynamic environments, what should organizations do to ensure effective planning?

• Develop rigid plans

• Change plans frequently

• Flatten the organizational hierarchy

• Develop specific but flexible plans