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1.7 Organisational Planning Tools

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.
 Objectives are 
a)
The major goals of an organization
b)
What a business wants to achieve
c)
The purpose for a firm's existence 
d)
Qualitative statements of a firm's strategic direction
2.

What is the term used to describe what an organization exists for and what it intends to achieve?

a)

Business plan

b)

Business objectives

c)

Mission statement

d)

Vision statement

e)

Yoonisms

3.

What are the opposing forces indicated by Force-Field analysis?

a)

For and Against

b)

Refinement and Daring

c)

Driving and Restraining

d)

Pluses and Minuses

e)

Haruka and Yazuka

4.

An example of a restraining force is

a)

wider market (spreads operational risk)

b)

improved profitability

c)

access to new expertise

d)

cost of convincing shareholders to approve

5.

A disadvantage of Decision Trees is they are...

a)

Easier interpretation of the decision to prevent misunderstandings or confusion.

b)

Easy and straightforward calculations to aid decision-making

c)

Easy accessibility for all users to make rational/scientific decisions

d)

Provides a quantitative tool in decision-making.

e)

Based on estimated figures only and the actual outcomes may well be very different.

6.

Ishikawa's Cause and Effect diagram is also known as

a)

Force Field analysis

b)

Fish-Bone Analysis

c)

Force-Bone Analysis

d)

SWOT Analysis

7.

The image is an example of

a)

A tabel.

b)

A figurine

c)

A Gantt chart

d)

A Gant chart

e)

A checklist

8.

What command term is the most likely for a Decision Tree question?

a)

Construct

b)

Explain

c)

Indicate

d)

Suggest

e)

Complete

9.

Identify the advantages of doing this?

a)

It is a Visual model

b)

It can help to identify the shortest time to complete a project

c)

It encourages managers to consider all the tasks before undertaking a project

d)

It is a simplistic and easily comprehensible table that is easy to show many stakeholders

e)

All of the above

10.

Why would this answer for a Decision Tree only get 5 out of 6?

a)

Calculation error

b)

The Decision Nodes and Choice Nodes are in the wrong place.

c)

The probability figures do not add up to 100%

d)

There is no key or legend.

e)

Because the marking scheme is too difficult to get all 6 marks.

11.

Strategic planning is about the direction of the business and is fundamental to the setting of goals, targets and objectives.

a)

True

b)

False

12.

Decision nodes are represented by squares in a decision tree diagram.

a)

True

b)

False

13.

An advantage of decision trees as a decision-making tool is that they consider qualitative aspects of a key decision.

a)

False

b)

True

14.

Which statement below does not apply to the fishbone model of decision-making?

a)

It looks at the causes and effects of a particular problem or issue.

b)

It is a visual tool used to identify the root cause of a problem or issue.

c)

It places a monetary value on key decisions.

d)

It can be a useful brainstorming tool for decision-making.

15.

Force field analysis is

a)

Not of any use to inward-looking organizations.

b)

Used to examine the reasons for change.

c)

Subjective as weights can be skewed in favour of management preferences.

d)

Useful for examining external factors affecting change.

e)

Deciding how far away to hold your stinky tofu.