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MGT103 Exam |Questions with 100% Correct Answers

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MGT103 Exam |Questions with 100% Correct Answers

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MGT103 Exam |Questions with 100% Correct
Answers
What is the first step that a manager should take in executing a tactical plan?
A. integrate of activities must be present to minimize conflict and inconsistent activities
B. monitor ongoing activities derived from the plan to make sure they are achieving the desired
results
C. make sure that each decision maker has the information and resources necessary to get the
job done

D. evaluate every possible course of action in light of the goal it is intended to reach -✔️✔️ D


The ultimate success of a tactical plan depends on:
A. the way it is carried out.
B. the number of people involved.
C. whether a joint-venture is set up.

D. whether franchises are set up. -✔️✔️ A


Tactical plans must flow from and be consistent with ___.
A. a strategic plan
B. the mission
C. the SWOT analysis

D. an operational plan -✔️✔️ A


A ___ is developed for activities that recur regularly over a period of time.
A. standing plan
B. project
C. program

D. single-use plan -✔️✔️ C

,Carduci Corporation is a food processing company that specializes in a complete line of artisan
sausage products. The top leaders in the organization have established a strategy that involves
increasing the marketing budget to grow sales. Neal is the head of the marketing department.
Under his guidance, marketing supervisors have developed a 3-stage operating plan to support
the organization's goals. Stage 3 involves launching an online ordering system for retail and
restaurant accounts. The new system simplifies and clearly outlines the steps to be followed
from sales inquiry to final order payment. Stage 3 is a ___, which is a standing plan that is
developed to enhance the ongoing efficiency of the order management process.
A. policy
B. project
C. standard operating procedure

D. program -✔️✔️ C


Leader Books Inc. sponsors the Fairfax Public Library's summer reading program every year. The
Fairfax Public Library holds a summer reading program to encourage children to read, and gives
prizes based on how many hours or pages the participants read during each week of the
program. The Fairfax regional manager of Leader Books sends a check to the Fairfax Public
Library in February of each year in order for them to prepare for the reading program. The
regional manager's decision about when to send the check is a(n) ___ decision.
A. computed
B. programmed
C. timed

D. nonprogrammed -✔️✔️ B


Light On! Power Company (LO!PO) is nearing capacity at its current St. Doraldo plant. One
option being considered by the general manager is the acquisition and conversion of a nearby
production facility to increase LO!PO's output. To determine if this is a feasible option, he is
currently calculating the costs of acquiring and converting the property and estimating the
power generation potential of the new operation. At what stage of the decision-making process
is the general manager?
A. Choosing the best alternative
B. Executing the decision

, C. Identifying alternatives

D. Defining the situation -✔️✔️ C


A _ refers to a condition in which the decision maker knows with reasonable certainty what the
alternatives are and what conditions are associated with each alternative.
A. state of uncertainty
B. decision-making condition ý state of risk

C. state of certainty -✔️✔️ C


Light On! Power Company (LO!PO) is nearing capacity at its current St. Doraldo plant. For the
past three months, the general manager has been considering the acquisition and conversion of
a nearby production facility to increase LO!PO's output. He is only partially aware of the risks
and consequences associated with this option and has not yet evaluated all of his options. The
general manager is making a decision under conditions of ___.
A. uncertainty
B. programmed decision-making
C. risk

D. certainty -✔️✔️ A


The site manager for a company is negotiating for a new site to build an office complex. After
several counter-offers, the seller gave the company a final offer. The manager has the option to
accept or reject the offer. If the manager accepts the offer, he gets a site in time to meet the
relocation schedule, but at a price above budget. If he rejects the contract, he may get a more
favorable price if the seller is bluffing, but he may lose out on the location and not be able to
find another one in time if it is not. The manager is making a decision in a state of ___.
A. uncertainty
B. ambiguity
C. risk

D. certainty -✔️✔️ C
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