BME UNIT 2

1. Which of the following is the first step in the planning process?

• Determining planning premises

• Recognizing the need for action

• Gathering necessary information

2. What does the step of gathering necessary information involve?

• Collecting data for future predictions
  

• 
  b) Setting organizational goals
  

• 
  c) Identifying the strengths of the organization

Which of the following steps in planning focuses on evaluating action patterns?

• Comparing the feasibility of different courses of action
  

• Implementing the chosen plan
  

• Determining objectives

Determining secondary plans means:

• c) Creating new objectives after the plan is implemented

• Developing contingency strategies for unrelated goals
  

• Preparing alternate plans in case the primary plan fails
  

What are objectives in the context of planning?

• Financial statements of the company

• The targets or results every activity aims to achieve
  

• Random activities performed by the organization
  

Why are objectives important in the planning process?

• They provide the direction for all planning activities
  

• They reduce the need for budgeting
  

• They eliminate the need for decision-making

What is a business strategy?

• A short-term project management plan
  

• A long-term plan designed to achieve specific goals
  

• A plan to manage employee schedules

What is the primary goal of a business strategy?

• To solve short-term operational problems
  

• 
  To achieve long-term success and growth

• To reduce the workload of employees