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(3) Organization & Administration > S1_L3: Planning for Organizational Success > Flashcards

S1_L3: Planning for Organizational Success Flashcards

1
Q

Enumerate the 4 major functions of managers.

A
  1. Planning
  2. Organizing
  3. Leading
  4. Controlling
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2
Q

According to Beatt, planning is a “(1)_____process, the organized foresight, the vision based on (2)_____ and (3)_____ that is required for intelligent (4)______.”

A
  1. thinking
  2. fact
  3. experience
  4. action
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3
Q

TRUE OR FALSE: Planning bridges the gap from where we are to where we want to go.

A

True

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4
Q

A ______ is a pre-determined course of action to achieve a specific goal.

A

plan

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5
Q

What is the primary function of management?

A

Planning

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6
Q

The following are importance of planning, EXCEPT:

A. Minimizes risk and uncertainty
B. Facilitates the coordination of activities
C. Set out standards for controlling
D. Identifies strengths and weaknesses
E. None

A

D. Identifies strengths and weaknesses

NOTE: It identifies future opportunities and threats

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7
Q

“A Goal without a Plan is just a _____”

A

Wish

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8
Q

An organizational plan answers what 4 questions?

A
  1. Destination (Where do you want to take your business?)
  2. Initial Point (Where are you at the current time?)
  3. Journey (How will you get there?)
  4. Checkpoint (How will you know if you’re succeeding?)
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9
Q

What are the types of organizational planning?

A
  1. Strategic Planning
  2. Tactical Planning
  3. Operational Planning
  4. Contingency Planning
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10
Q

Determine the types of organizational planning.

Backup plans in case primary plan fails

A. Strategic Planning
B. Tactical Planning
C. Operational Planning
D. Contingency Planning

A

D. Contingency Planning

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11
Q

Determine the types of organizational planning.

Describes how the company will implement its strategic plan

A. Strategic Planning
B. Tactical Planning
C. Operational Planning
D. Contingency Planning

A

B. Tactical Planning

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12
Q

Determine the types of organizational planning.

It encompasses what needs to happen continually on a day-to-day basis in order to execute the tactical plan

A. Strategic Planning
B. Tactical Planning
C. Operational Planning
D. Contingency Planning

A

C. Operational Planning

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13
Q

Determine the types of organizational planning.

It defines the company’s goal for a period of time, whether that is one-year or a ten-year period.

A. Strategic Planning
B. Tactical Planning
C. Operational Planning
D. Contingency Planning

A

A. Strategic Planning

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14
Q

Determine the types of organizational planning.

The identification of specific, short-range objectives.

A. Strategic Planning
B. Tactical Planning
C. Operational Planning
D. Contingency Planning

A

B. Tactical Planning

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15
Q

Determine the types of organizational planning.

Sets standards for the employees

A. Strategic Planning
B. Tactical Planning
C. Operational Planning
D. Contingency Planning

A

C. Operational Planning

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16
Q

Determine the types of organizational planning.

Cover a range of possible scenarios and appropriate responses for issues varying from personal, planning to advance preparation for outside occurrences that could negatively impact the business.

A. Strategic Planning
B. Tactical Planning
C. Operational Planning
D. Contingency Planning

A

D. Contingency Planning

17
Q

Determine the types of organizational planning.

A company’s big picture. It ensures that those goals should be aligned with the
company’s mission, vision and values.

A. Strategic Planning
B. Tactical Planning
C. Operational Planning
D. Contingency Planning

A

A. Strategic Planning

18
Q

_______ communicates the organization’s reason for being, and how it aims to serve its key stakeholders.

A

Mission

19
Q

______ play the role of the strategic “north star”, providing focus and long term alignment.

A

Vision

20
Q

Mission and vision statements play three critical roles:
1. _______ the purpose of the organization to the stakeholders
2. They inform the _______ development
3. They develop a measurable _____ & ______ to gauge the success of the organization’s strategy

A
  1. Communicate
  2. strategy
  3. goals and objectives
21
Q

Enumerate the 5 steps of organizational planning.

A
  1. develop a strategic plan
  2. translate into tactical plan
  3. create an operational plan
  4. execute plans
  5. monitor progress and adjust
22
Q

_____ is a framework for identifying and analyzing an organization’s strengths, weaknesses, opportunities and threats

A

SWOT analysis

23
Q

An external fact or development that has or can have a substantial negative effect on an organization’s performance.

A. Strength
B. Weakness
C. Opportunities
D. Threats

A

D. Threats

24
Q

An internal characteristic that contributes substantially to the realization of the organization’s mission.

A. Strength
B. Weakness
C. Opportunities
D. Threats

A

A. Strength

25
Q

An external fact or development that, if taken advantage of, can substantially contribute

A. Strength
B. Weakness
C. Opportunities
D. Threats

A

C. Opportunities

26
Q

An internal characteristic that threatens the function of the organization.

A. Strength
B. Weakness
C. Opportunities
D. Threats

A

B. Weakness

27
Q

Excellent staff members

A. Strength
B. Weakness
C. Opportunities
D. Threats

A

A. Strength

28
Q

Negative Publicity

A. Strength
B. Weakness
C. Opportunities
D. Threats

A

D. Threats

29
Q

Population Growth

A. Strength
B. Weakness
C. Opportunities
D. Threats

A

C. Opportunities

30
Q

TRUE OR FALSE: The SWOT analysis is a precursor to strategic planning

A

True

31
Q

TRUE OR FALSE: The SWOT analysis is designed to be used in the elimination stages of decision-making.

A

False

32
Q

Transportation Challenges

A. Strength
B. Weakness
C. Opportunities
D. Threats

A

B. Weakness

33
Q

Declining Enrollment

A. Strength
B. Weakness
C. Opportunities
D. Threats

A

B. Weakness

34
Q

High test scores

A. Strength
B. Weakness
C. Opportunities
D. Threats

A

A. Strength

(3) Organization & Administration (12 decks)

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