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1.03 QUIZ: Management Planning

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.

First step in planning is

a)

setting standards

b)

setting goals

c)

writing a mission statement

d)

organizing staff

2.

What does the acronym SMART stand for?

a)

Specific, Measurable, Attainable, Relevant and Timebound

b)

Specific, Meaningful, Attainable, Reality and Timebound

c)

Special, Measurable, Attractive, Reality and Treasured

3.

Planning gives an organization a sense of

a)

direction and focus

b)

finances and staff

c)

results

d)

where profits will come from

4.

Goals should NOT be linked to rewards

a)

True

b)

false

5.

Goals should always challenge but never be unreasonable.

a)

false

b)

true

6.

Planning serves as a prerequisite to employing all other management functions.

a)

True

b)

False

7.

Anticipating problems and coping with change is one of the positives of

a)

directing

b)

staffing

c)

planning

d)

organizing

8.

A company's mission statement

a)

is the basis for all directing

b)

is the basis for all financing

c)

is the basis for all planning

d)

is a statement used to talk to customers

9.

Plans that are concerned with shorter time frames and lower level units are called

a)

practical

b)

tactical

c)

contingency

d)

strategic

10.

Planning that involves a longer time frame and the entire organizations goals is called

a)

tactical

b)

contingency

c)

strategic

d)

organized

11.

An explicit statement that tells an employee what he or she can and cannot do

a)

Law

b)

Rule

c)

Procedure

d)

None of these

12.

Which of the following questions is answered by the planning function?

a)

What needs to be accomplished?

b)

Who will be responsible for it?

c)

How will it get done?

d)

All of the above

13.

_____________ managers are involved in day‐to‐day plans, such as scheduling work hours, deciding what work will be done and by whom, and developing structures to reach these goals. These goals are called operational goals or objectives.

a)

Top-level managers

b)

Middle-level managers

c)

First-level managers

14.

A plan that looks at the company as a whole, and wants to achieve a certain a long-term goal is which type?

a)

Tactical

b)

Operational

c)

Strategic

d)

Contingency

15.

Plan where you are finding new actions in case the original goes awry due to changing conditions is:

a)

Planning

b)

Operational

c)

Strategic

d)

Contingency

16.

Which of the following statements is true?

a)

A strategic plan is a short term plan of action for a business

b)

A tactical plan is a long term plan of how the strategic plan is to be achieved

c)

An operational plan is to do with the day-to-day running of the business

d)

None of the above

17.

What is meant by the term "mission statement"?

a)

A broad statement of a business purpose and goals/objectives

b)

A plan of action for future years

c)

A plan of missions in overseas markets/countries

d)

Statement read by a business's CEO during a press conference

18.

Long-term goals are often categorized as:

a)

more than a year

b)

less than a year

c)

up to 3 months

19.

The first critical step to achieve your goals is to ____________.

a)

Set a deadline

b)

Figure out why it's important

c)

figure out the desired end result.

20.

If you were giving a birthday party, you would do the following to make it happen.

a)

decide on the goal and work back from there

b)

just send out some invitations and see who shows up

c)

plan for the worst and hope for the best