Planning and Goal Setting
50 questions available
Questions
What is the definition of a 'goal' in an organizational context?
View answer and explanationWhat is the primary purpose of a 'plan' within an organization?
View answer and explanationAccording to the hierarchy of goals and plans, which level shapes the tactical and operational levels?
View answer and explanationWho in an organization is typically responsible for establishing strategic goals and plans?
View answer and explanationTactical goals and plans are primarily the responsibility of which group within an organization?
View answer and explanationWhat is the primary focus of operational plans?
View answer and explanationWhat strategic revenue goal did Unilever's CEO Paul Polman set for the company to achieve by the year 2020?
View answer and explanationWhat is the typical time horizon for a tactical plan?
View answer and explanationWhich of the following defines a 'mission statement'?
View answer and explanationWhat is a 'strategy map' primarily used for in organizational planning?
View answer and explanationAccording to the criteria for effective goals, goals should be challenging but also what?
View answer and explanationWhat does the term 'key performance indicators' (KPIs) refer to?
View answer and explanationWhat is Management-by-Objectives (MBO)?
View answer and explanationWhat is the final of the four major activities in the MBO process?
View answer and explanationWhat is a key difference between 'management by means' (MBM) and 'management by objectives' (MBO)?
View answer and explanationWhat are 'standing plans'?
View answer and explanationA company's sexual harassment policy is an example of what type of plan?
View answer and explanationWhich of the following is considered a limitation of planning?
View answer and explanationWhat type of planning defines company responses to be taken in the case of emergencies, setbacks, or unexpected conditions?
View answer and explanationWhat does scenario building primarily involve?
View answer and explanationWhat are the two essential stages of crisis planning as outlined in the text?
View answer and explanationWhat is a critical part of the crisis prevention stage?
View answer and explanationWhat is the definition of 'stretch goals'?
View answer and explanationBack in 2005, what was the stretch goal for subscribers that Netflix CEO Reed Hastings announced for the company to reach by 2012?
View answer and explanationWhat is the function of an 'intelligence team' in organizational planning?
View answer and explanationWhich term describes a visual representation that links goals across learning, internal processes, customer service, and financial performance?
View answer and explanationWhich of the following is NOT one of the five characteristics of effective goals mentioned in the text?
View answer and explanationWhat is the first step in the five-step Organizational Planning Process illustrated in Exhibit 7.2?
View answer and explanationA no-eating rule in areas of the company where employees are visible to the public is an example of what type of standing plan?
View answer and explanationWhat was Walmart's response to finding its clothing in a Bangladesh factory where a 2012 fire killed 112 people?
View answer and explanationOne of the benefits of planning is that it provides a source of motivation and commitment. Why is this the case?
View answer and explanationHow can planning get in the way of intuition and creativity?
View answer and explanationThe Holstee Manifesto, featured in Exhibit 7.3, is an innovative example of what type of organizational statement?
View answer and explanationWhat is the primary role of a 'crisis management plan' (CMP)?
View answer and explanationIn the context of the Organizational Planning Process, what tool is specifically mentioned for the 'Execute the Plan' stage?
View answer and explanationThe manager's shoptalk on goal setting describes 'coalitional management'. What is one of its three key steps?
View answer and explanationAccording to the discussion on MBO benefits in Exhibit 7.7, how does MBO improve employee motivation?
View answer and explanationWhat is the potential negative consequence of an overemphasis on 'meeting the goals' in an MBO system?
View answer and explanationWhat does a 'program' represent in the context of single-use plans?
View answer and explanationWhy do managers use contingency plans when operating in highly uncertain environments?
View answer and explanationIn scenario building, a broad base of managers mentally rehearses different scenarios. How many scenarios are typically developed for each set of factors?
View answer and explanationWhat type of goal did NorthTec, a college in New Zealand, set to reduce paper consumption by 15 percent?
View answer and explanationWhat does decentralized planning mean?
View answer and explanationWhat phrase did James Collins and Jerry Porras coin to describe a goal that is so big and inspiring it shifts people's thinking?
View answer and explanationWhat is the purpose of a business performance dashboard?
View answer and explanationAn organization's procedures for issuing refunds or handling employee grievances are examples of what type of plan?
View answer and explanationAccording to the text, what is a key reason that planning generally positively affects a company's performance?
View answer and explanationThe example of Western Digital in Thailand successfully recovering from historic floods illustrates effective use of which type of planning?
View answer and explanationThe planning process at Stonyfield Farm, which incorporates environmental responsibility like carbon-neutral operations into every operational plan, is an example of what?
View answer and explanationWhat is considered the most fundamental of the four management functions, from which all others stem?
View answer and explanation