PRE-FINALS IN ORGANIZATION AND MANAGEMENT 11

What is the process that involves the setting of the organization’s goals, establishing strategies for accomplishing those goals, and developing plans of action or means that managers intend to use to achieve organizational goals?

• Organizing

• Planning

• Leading

• Controlling

It is the identification of targets or desired ends that management wants to reach.

• Goal-setting

• Budgeting

• Forecasting

• Delegation

Which term refers to a mental image of what the organization will be in the future, as desired by the company’s management and employees?

• Mission

• Vision

• Objective

• Goal-setting

What is the basic purpose of an organization and range of their operations called?

• Vision

• Mission

• Objective

• Planning

These are steps needed in order to attain desired ends.

• Objectives

• Resources

• Strategies

• Obstacles

Which of the following is NOT an importance of planning as mentioned in the text?

• A) Provides direction to human resources

• B) Increases uncertainty

• C) Minimizes wastes

• D) Establishes goals and standards for controlling

Without planning, goals and standards will be absent and controlling will not be possible.

• True

• False

What is a comprehensive plan for the entire organization covering time frame, specific purpose, frequency of use, and others called?

• Strategic Plan

• Operational Plan

• Organizational Plan

• Vision Plan

These plans are broad in scope and are the responsibility of the organization’s President or Chief Operating Officer, and several managers.

• Strategic

• Operational

• Tactical

• Contingency

Which type of plan applies to a particular unit area only and is prepared by lower-level managers?

• Strategic Plan

• Operational Plan

• Organizational Plan

• Vision Plan