Planning Flashcards
1
Q
What are the four types of plans in management
A
Strategic, Tactical, Operational, Contingency
2
Q
Name the plan:
Our company wants to create the healthiest burger in America
A
Strategic plan
3
Q
A mission statement is part of what type of plan
A
Strategic plan
4
Q
A plan that takes less than a year to acomplish
A
Tactical plan
5
Q
Name the plan:
The production department wants to reduce product defects by 10% this quater
A
Tactical plan
6
Q
What type of plan is also known as a backup plan
A
Contingency plan
7
Q
Which of the functions of management is considered the most important?
A
Planning
