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Fundamentals of Planning

Total questions: 9

Worksheet time: 5mins

Name
Class
Date
1.

It provides road maps for guiding, coordinating, and controlling the firm’s actions to achieve its objectives.

a)

Management planning

b)

Operational Planning

c)

Strategic Planning

d)

Planning

2.

Cleaning out your closet

a)

Long Term Plan

b)

Short Term Plan

3.

Saving for retirement

a)

Long Term Plan

b)

Short Term Plan

4.

What does the S stand for in SMART GOALS

a)

Specific

b)

Special

c)

Standard

d)

Sports

5.

What does the A stand for in SMART goals

a)

Answer

b)

Achieve

c)

Attainable

d)

Application

6.

Set broad, comprehensive, and longe-term action directions for the entire organization

a)

Strategic

b)

Vision

c)

Tactical

d)

Functional

e)

Operational

7.

Purpose of the organization and what it hopes to be in the future.

a)

Vision

b)

Mission

c)

Goal

d)

Objective

8.

Creates alternative future actions to counter the inevitable changes for large impact.

a)

Forecasting

b)

Contingency

c)

Scenario

d)

Benchmarking

9.
  • Process of setting mutually agreed-upon goals and using those goals to evaluate employee performance

a)

Traditional Process

b)

Management by Objectives (MBO)