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ENGMAN MIDTERMS > LESSON 3 > Flashcards

LESSON 3 Flashcards

1
Q

The output of planning, provides a methodical way of achieving desired results

A

Plan

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2
Q

Refers to the management function that involves anticipating future trends

A

Planning

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3
Q

Planning in various levels

A

Top management - strategic planning
Middle management - intermediate planning
Lower management - operational planning

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4
Q

Process of determining the major goals of the organization

A

Strategic Planning

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5
Q

Process of determining contributions of sub-units with allocsted resources

A

Intermediate Planning

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6
Q

Process of determining how task can be best accomplished on time with available resourced

A

Operational Planning

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7
Q

Planning Process

A

Setting organization goals
Developing strategies
Determining resources
Setting standards

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8
Q

Precise statement of results sought quantified in time

A

Goal

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9
Q

The ways to realize the goals. Course of action aimed to achieve its goals

A

Strategies

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10
Q

Short term action to adjust negative internal/external influences

A

Tactic

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11
Q

A quantitative or qualitative measuring device to help monitor performances

A

Standards

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12
Q

Types of Plans

A

Funtional Area Plans
Time Horizon Plans
Frequency of Use Plans

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13
Q

Written document for implementing marketing activities

A

Marketing Plan

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14
Q

Written document states the quantity of output a company must produce

A

Production Plan

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15
Q

Document that summarizes the current financi situation

A

Financial Plan

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16
Q

Document indicates human resources need of a company

A

Human resources management plan

17
Q

Plans intended to cover less that one year

A

Short range plan

18
Q

Plans covering times span more than one yr

A

Long range plan

19
Q

Plans that are used again and again

A

Standing Plans

20
Q

Broad guidelines to help about recurring situations

A

Policies

21
Q

Plans describe the exact series of actions

A

Proceedures

22
Q

Statements either require or forbid a certain action

A

Rules

23
Q

Plan developed to implement courses of action unique and unlikely to repeat

A

Single Use Plans

24
Q

Projected expenditure for an activity

A

Budget

25
Q

Single use to coordinate a large set of activities

A

Program

26
Q

Single use Plan that is sometimes prepared to support a program

A

Project

ENGMAN MIDTERMS (7 decks)

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