Planning

Question 1

is designed to support the strategic plan

Answer 1

Intermediate planning

Question 2

is a written document that states the quantity of output a company must produce in broad terms and by product family.

Answer 2

Production plan

Question 3

Is a single-use plan designated to coordinate a large set of activities

Answer 3

Program Plan

Question 4

is a short-term action by management to adjust to negative or external influence.

Answer 4

Tactic

Question 5

are precise statement of result sought, quantified in time and magnitude, where possible.

Answer 5

Goals

Question 6

is a course of action aimed at ensuring that the organization will achieve its objectives.

Answer 6

Strategy

Question 7

refers to the process of determining the major goals of the organization and the policies and strategies for obtaining and using resources to achieve its goals.

Answer 7

Strategic planning

Question 8

is that management functions where the best alternative, in anticipation of the future is selected with the objective of achieving the desired result.

Answer 8

Planning

Question 9

are statements that either require or forbid a certain action

Answer 9

Rules

Question 10

_________ is the output of planning

Answer 10

Plan

Question 11

Refers to the process of determining the contributions that sub units can make with allocated resources this type of planning is the concern of middle management.

Answer 11

Intermediate planning

Question 12

Is the process of determining how specific tasks can best be accomplished on time with available resources this type of planning is the responsibility of lower management it must be performed in support of the strategic and intermediate plans

Answer 12

Operational planning

Question 13

The first task of the manager is to provide a sense of direction to his firm(if he is the chief executive) to his division(if he has a division) or to his unit(if he is a supervisor)

Answer 13

setting organizational, divisional or unit goals

Question 14

After determining the goals the next task is to devise some means to realize them.

Answer 14

Developing strategies or tactics to reach goals

Question 15

When particular sets of strategies or tactics have been devised the manager will then determine the human and non human resources required by such strategies or tactics

Answer 15

Determining resources needed

Question 16

The standards for measuring performance may be set at the planning stage

Answer 16

Setting standards

Question 17

May be defined as a quantitative or qualitative measuring device designed to help monitor the performance of people capital goods or processes

Answer 17

Standard

Question 18

Plans may be prepared according to the needs of the different functional areas

Answer 18

Functional area plans

Question 19

Is there a written document or blueprint for implementing and controlling an organization’s marketing activities related to be a particular marketing strategy

Answer 19

Marketing plan

Question 20

Is a written document that states the quantity of output a company must produce in broad term and by product family

Answer 20

Production plan

Question 21

Is a document that summarizes the current financial situation of the firm analyzes financial needs and recommends a direction for financial activities

Answer 21

Financial plan

Question 22

It’s a document that indicates the human resource needs of a company detailed in terms of quantity and quality and based on the requirements of the companies strategic plan

Answer 22

Human resources plan

Question 23

Plans with time horizon consist of

Answer 23

Short-range plans
long-range plans

Question 24

Plans with varied frequency of use. according to frequency of use plans may be classified as

Answer 24

Standing plans
single-use plans

Question 25

Are plans intended to cover a period of less than one year first line silver bar shores are mostly concerned with these plants

Answer 25

Short range plans

Question 26

are plans covering a time span of more than one year. middle and top management mostly undertake this

Answer 26

Long range plans

Question 27

These are plans that are used again and again and they focus on managerial situations that recur repeatedly

Answer 27

Standing plans

Question 28

Refer to broad guidelines used by managers to help make decisions and take actions on specific circumstances

Answer 28

Policies

Question 29

are plans that describe the exact series of actions to be taken and given situation

Answer 29

Procedures

Question 30

set forth the projected expenditures for a certain activity and explains where the required funds will come from

Answer 30

Budget plan

Question 31

Is designed to coordinate a large set of activities

Answer 31

Program plan

Question 32

is usually more limited in scope than a program plan and is sometimes prepared to report a program

Answer 32

Project plan

Question 33

The structure and content of marketing plans vary depending on the nature of the organizations adapting them

Answer 33

Marketing plan

Question 34

Refers to the strategic statements that identify why an organization exists it’s philosophy of management and its purpose as distinguished from other similar organizations in terms of product services and markets

Answer 34

Company or corporate mission

Question 35

These plants are specially developed to implement courses of actions that are relatively unique and are unlikely to be repeated

Answer 35

Single use plans